Office Hours: Revenue Per Employee, Should I Move Production to Mexico? And Advice to an Early Career 23-year-old

The Prof G Pod with Scott Galloway

Vox Media Podcast Network

Business, Careers, Entrepreneurship

4.4 • 5.3K Ratings

🗓️ 25 January 2023

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Scott answers a question about using metrics like revenue per employee (RPE) to measure the success of a business. He then shares his thoughts with a luxury furniture designer about moving production to Mexico, and ends with advice on prioritizing career opportunities in your 20s. Music: https://www.davidcuttermusic.com / @dcuttermusic Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Busy making budget plans for the business year ahead, we've got you covered.
0:05.6	Switch to three business and choose from the latest handsets with unlimited data in our winter sale.
0:10.6	Woohoo!
0:11.6	Plus, our business price promise means if you find a cheaper deal from one of our biggest competitors, we guarantee to beat it.
0:18.2	Search three business or visit us in store.
0:21.2	Business price promise means we'll be to direct what you've been given by E, Vodafone O2 for business plans by at least £1 per month.
0:28.2	Search three business price promise.
0:30.4	Hey y'all, this is Josh Mugeo, host of The Pitch, a Vox media podcast where real-onchpreneurs pitch real tech investors for real money.
0:40.4	In this season, we're letting listeners like you invest in the startups on our show.
0:45.9	Hear the next billion dollar idea, way before anyone else.
0:50.4	That's kind of sexy.
0:51.9	We'll make the money, honey.
0:53.0	Follow the pitch for our best season yet.
0:56.2	New episodes start dropping weekly on February 8th.
1:10.4	Welcome to The Profit You Pots office hours.
1:12.6	This is the part of the show where we answer questions about business, big tech entrepreneurship and whatever else is on your mind.
1:17.8	If you'd like to submit a question, please email a voice recording to officehours at ProfitYouMedia.com.
1:23.4	First question.
1:27.0	I've got Ian here from Boston.
1:28.8	I really enjoy your podcasts and your insights into running businesses, evaluating businesses, and also being a good human being, especially being a good father.
1:37.0	I run my own business and I often hear you talking about metrics like logo renewal, dollar renewal, ARR, PE ratios.
1:45.8	I was wondering where revenue per employee fits into the discussion of businesses, particularly small businesses which may not have.
	...

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