We live in a time when data is big. There are so many numbers we can look at - gross sales, average customer spend, number of sales, frequency of purchase, margin, net income, operating income, conversions, followers, likes, and the list goes on.
One of the most helpful things to learn as a business owner is what data is important and what can be ignored. It's going to be different depending on your type of business...
but I've come across 1 word that summarizes the data I believe it most important for every single business.
This word lead me from 1 industry to an entirely different one.
If you're not careful, it might mess with you as well.
Get a copy of the spreadsheet to go with this episode here: https://grandma.thinkific.com/courses/resources.
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Our generation needs to create a unique path to Financial Independence. The FIFE Movement explores and promotes an entrepreneurial and feminine approach to freedom for us and for the entire world.
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Source/Inspiration: Profit First, Profit First Nation