May 29, 2023

What Do You Do When the Numbers are SOBERING?

29 minutes

What makes a business great? Is it merely the money that it’s making and the financial numbers, or is there more to it than that? We are discussing all things businesses dying or thriving as a result of the COVID-19 pandemic and what it means for numbers to be sobering.

Sobering numbers aren’t always a terrible thing. It doesn’t necessarily mean that the business is bad, and it could just mean that something has to be restructured. Maybe you need to scale or grow.

Remember, however, that this podcast is all about encouraging you, but it doesn’t mean anything unless you have a plan. You have to walk away from a pep talk with a plan of action or else you’re not going to improve. Sobering numbers just means having to develop a plan to move forward.

As always, we had a great time sharing this conversation with you and hope that it’s helpful and insightful for you! If so, please consider subscribing to the podcast if you aren’t subscribed already so that you never miss a new episode when it drops. We are also now on YouTube, so please feel free to follow our YouTube channel if you want to both hear us and see us from here on out. Until next time!

Time Stamps

[0:56] - Can a business be better than its financial situation?

[3:18] - Karamel explains why her numbers are sobering right now.

[5:53] - Michele reflects back on February 2020.

[7:04] - Karamel offers an example of sobering numbers.

[10:14] - Numbers being sobering looks at the entire picture.

[13:55] - Michele brings the book The 12 Week Year into the conversation.

[16:26] - Michele discusses how 75 Hard has been helping her manage stress.

[20:17] - Can you do more with less?

[23:35] - Improvement requires taking action.

[27:05] - Karamel hasn’t booked a trip in sixty days which is unheard of for WTA.

Resources