In today’s episode, I dive into a crucial business topic - profitability.
You’ve likely heard the saying “Turnover is vanity, profit is sanity.” But what does that really mean for your business? Some argue that turnover is king, while others insist that profit is all that matters. I believe the answer lies in balancing both.
I share a personal story of how I unknowingly sold products at a loss for months, despite strong turnover numbers. This experience taught me a hard lesson about business finances and the importance of managing profitability.
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