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The $100 MBA Show

MBA2532 The 3 Key Numbers You Need To Know & Track in Your Business

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 11 October 2024

⏱️ 18 minutes

🧾️ Download transcript

Summary

Are you ready to learn the three crucial numbers you need to track to ensure your business thrives? Do you find yourself overwhelmed by the sheer amount of data you think you should follow? If so, today's episode is precisely what you need to simplify your business strategy and focus on what truly matters.

Transcript

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0:00.0

Hey everyone welcome back to the $100.00 RBA show. I'm your host

0:08.8

Omar Zenholm and in today's lesson you're going to learn something that might just make or break your business.

0:15.0

This might be the most important video you'll watch when it comes to your business,

0:19.0

because it can be the difference between you failing and going out of business to actually

0:25.8

fulfilling all your dreams having the wealth you're looking for having a business

0:29.1

that actually makes an impact and the topic is what are the three key numbers you need to track in your business?

0:38.2

These numbers are essential.

0:40.6

They are important beyond measure when it comes to how well your business is doing.

0:46.0

It's going to allow you to understand your business's health, its performance, and your long-term sustainability.

0:52.8

I'm really going to give you exactly what you need to know.

0:56.3

You don't need to know a billion numbers, you need to know these three numbers.

0:59.6

If you know these three numbers and you're tracking them and they're going in the right

1:02.9

direction you can't lose it's just math is that simple okay and I had to learn

1:09.6

this the hard way for a very long time I had this mentality to like oh I'm not a big

1:13.4

numbers guy you know I'm okay at math I I'm an ideas person I like to implement I like to

1:18.7

do wrong do not do this okay this is a recipe for disaster. This is a recipe for death in your business.

1:25.8

Okay? What you want to do is just make sure you master tracking these three numbers making sure they're going the right direction and that everything else is going to fall into place.

1:34.0

Okay? You are now a numbers person. If you've told yourself a story before, just forget that story.

1:39.7

The new story is these numbers are your best friend. I'm also going to explain why these metrics

1:44.8

matter and how you can keep a close eye on them. And Dory, I got your back. You don't need to create

1:48.7

some sort of sophisticated spreadsheet or normal of formulas. I created it for you.

1:53.1

Okay? You can download a free profit and loss sheet template that is in Google Sheets

...

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