Making a profit is the ultimate goal of any business, but too often it is solely attributed to sales. That's undoubtedly a big component in achieving success; however, there are many other aspects that come into play when looking to maximize profitability. Lorry Rifkin expresses that there's more to profit than just sales.

Sales and profits may go hand in hand, but they don't necessarily indicate the cash that a business will take home. Real cash requires more thought because that doesn't always mean dollars in your pocket like profits do on paper. Lorry highlights the importance of controlling entrepreneur's business growth so they can stay ahead of the sales curve. Listen to learn how to maximize value while maintaining stability!

Episode Highlights

01:11 - Sales are not profits and profits are not cash in the bank. And at the end of the day, if you don't have cash, you really don't have a business. And so, some of the fastest growing customers I've seen were also the ones most vulnerable to going broke.  Here's a Lorryism. You always have to keep your infrastructure of your business ahead of your sales curve. If you do not do that, you're like the Road Runner and a coyote. You're looking over that cliff, and there's no infrastructure to support you. So, that's another thing. Those things go together. You got to control your growth to have enough cash in the bank or have enough cash to allow you to borrow money because the bank thinks you're credit-worthy and you have to develop your infrastructure with people. Procedures and practices has to stay ahead of your sales curve so you have a foundation to grow on.

Ready to focus your mind and fuel your mission?

The Journey to Mastery podcast isn’t just about ideas—it’s your weekly guide to clarity, courage, and purpose-driven entrepreneurship.

Want to go deeper?

Join the Journey Feed—your private stream of exclusive insights, behind-the-scenes lessons, and real-time reflections you won’t find anywhere else.

Inside, you’ll get:

• Early access to podcast takeaways and tools
• Practical strategies to grow your business and your faith
• A supportive community walking this journey with you

Start here:

Kick things off with my Fix Your Focus in 5 Days challenge—a simple, powerful way to regain clarity and momentum. 👉Join Free + Start the Challenge

This is your space for clarity without the noise.

Step into the Journey Feed now and build the focus your mission deserves.

Support the Mission

If the Journey to Mastery podcast has inspired your path, consider contributing to help us keep creating faith-centered tools, resources, and conversations for purpose-driven entrepreneurs like you. 👉 Support The Mission

Connect with Lorry Rifkin

Website

LinkedIn