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The Mind Your Business Podcast

Episode 749: From Data to Dollars: The Metrics That Move the Needle

The Mind Your Business Podcast

James Wedmore

Entrepreneur, Business, Businessmindset, Entrepreneurship, Entrepreneurialmindset, Management

4.81.8K Ratings

🗓️ 14 April 2025

⏱️ 52 minutes

🧾️ Download transcript

Summary

Numbers are a language, but how well do you really know your metrics? To be successful in business you absolutely must know your numbers, and a common theme we see in successful Digital CEOs is that they not only know their numbers, but they know them inside-out. 

In this episode, we dive into the math and the nitty gritty of numbers, and reveal what you need to understand about your metrics on both the micro and the macro levels of your business to start turning that data into dollars. 

Numbers don’t lie, and knowing how to assess and properly use just a few of the key metrics we talk about today can be both business, and life-changing! 

My free 3-day training for digital course creators, called Your First Digital Product, is coming on April 22nd! It’ll help you go from Zero to SALES, and in it I share my $90 million process for creating a digital product that people will actually pay for. You do not want to miss this, so register now at www.jameswedmore.com/fdp, and I’ll see you there. 

Save the date, because May 29th we kick off our live virtual extravaganza that happens just once a year, our 3-part live week-long training experience, The Rise of the Digital CEO! 

Before you go, snap a screenshot of the episode playing on your device, post it to your Instagram Stories and tag us, @jameswedmore and @jeunejenni. We’d love to hear what resonated with you the most. 

In this episode you’ll hear: 

  • A deep dive into the key metrics on a micro-level and why Earnings Per Lead (EPL) is the “holy grail” number to always be aware of   

  • How enhancements and changes differ in launch strategies, and the reasons that as Digital CEOs we always want to be doubling down on enhancements

  • The importance of macro-level metrics like rate of growth and Customer Lifetime Value (LTV), and how these numbers can be used to indicate long-term sustainability and growth of your business

  • The impact that building a business machine that performs well will have on one of your most important assets, your time

  • How you can register for my free 3-day live training, Your First Digital Product, happening on April 22nd 

For full show notes and links, visit: www.mindyourbusinesspodcast.com/blog/749 

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to the Mind Your Business Podcast. In today's episode, we talk about your metrics.

0:07.1

So, stay tuned.

0:12.2

Hi, I'm James Wedmore, and with 17 years online, I've built my business to over $12 million in sales per year. And this is the first non-business

0:24.1

business podcast that shows you how to apply the principles of spirituality, energy, and mindset

0:30.2

to grow your business beyond your wildest dreams, all from the inside out. This is the Mind Your Business podcast.

0:42.5

What's up, everyone? I'm James Wedmore. And I'm Jenny Finley. Wait, Jenny? Jenny. You're here.

0:48.9

You're back. I'm back. Oh my goodness, guys. It has been, my friends, it has been such a long time, has it not?

0:55.7

Indeed. Did you even get an episode out with me in 2025? Is this your first episode of the year?

1:01.2

Like, what's... I think we did one at the beginning of the year. What day is it? Listen, we're going to get into a really important episode today. All about your metrics.

1:10.7

Such an important episode and more.

1:12.7

But so many developments, first and foremost, Jenny is back on the show. You went through some,

1:18.3

you know, some time. So you had to go through some stuff. And you're back. And, you know,

1:23.9

everyone was like just about boycotting the show. They were like, no, we had amazing guests on.

1:29.5

We want Jenny.

1:30.9

I was so bummed that I didn't get to interview our amazing lineup of guests.

1:34.4

You missed the mastermind retreat.

1:36.3

I know.

1:36.9

You miss these amazing guests we've had on like Dr. Wood.

1:39.9

We had Tracy Goodwin on the show.

1:42.0

We had some amazing friends on.

1:44.0

It was a really good time.

1:44.9

So you were sorely missed and we're so happy to have you back.

...

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