039: What numbers actually matter in your business?
What numbers DO and DON'T Matter?
A lot of time small business owners get caught up in thinking about all of the wrong numbers in their business.
Numbers are great because they are easy to digest and make us feel like we have a grasp on how we are doing as business owners, but focusing on the wrong numbers can be really detrimental to our forward progress if we give them too much weight.
Show Notes
Numbers that don't matter
- IG followers, likes per photo and facebook follower count
- Number of clients you have
- Blog/website visitor count
Numbers that do matter
- Margins/profitability
- Conversions
- Time spent vs return
- Cost of doing business