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The Wealthy Entrepreneur
Episode 04: Profit is the Number One Driver of Impact on Your Business
8:29
 

Episode 04: Profit is the Number One Driver of Impact on Your Business

building value business business owners gross profit maximize profit podcast wealth creation wealthy entrepreneur Jul 11, 2023

We've got something juicy to share with you today!

Our host, Bob Gauvreau, wrote a book called "The Wealthy Entrepreneur" But guess what? Today, he's going to spill the beans and give you the essence of it FOR FREE. 

Aside from that, the main focus of this episode is about maximizing profits.

Profits, profits, and more profits. 

We know some of you might be thinking...

"Wait a minute, that's not what I'm about. I'm all about making a difference, leaving a legacy, and building a kick-ass team." 

And that's fantastic, but in this episode, you'll realize why profitability should reign supreme in your business.

In order to fulfill our mission, profitability has to take the top spot. 

Without profit, you can't reinvest, expand, or make a bigger impact. If you make a million dollars and don't focus on profit, you're missing out on the chance to hire ten more people, reach more customers, and scale up your operations. It's all about the ripple effect.

If you truly want to make the world a better place, maximize your impact, build an A-team, and create intergenerational wealth, you need to make profit your numero uno focus. 

Because when you prioritize profit, you unlock the doors to endless possibilities and pave the way for incredible transformations.

Embrace the power of profit and watch as your business skyrockets to new heights. 

So, get those earbuds in, press play, and let's embark on this exciting business journey together. 

 

Episode Highlights:

 

  • 00:00 Welcome to The Wealthy Entrepreneur Podcast
  • 01:46 Why Your Business Depends on Profitability and Sustainability
  • 03:24 Ignoring Profit Is a Selfish Move for Your Business
  • 05:09 Unlocking the Power of Intergenerational Wealth
  • 06:40 The Key to Unleashing Your Impact

 

 

Resources:

 

For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@milliondollaryearprogram.

 

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