211 | A 7-Figure Business Doesn’t Mean You’re Making Money

AUG 20, 202620 MIN

Description

Why can a business be profitable on paper and still leave you wondering, “Where is all the money?” In this episode, Erin breaks down one of the most misunderstood parts of running a business: the difference between revenue, profit, profitability, and cash. More revenue doesn't automatically mean more money in the bank. In this episode, Erin discusses: · The difference between revenue, profit, profitability, and cash · Why a seven-figure business doesn't necessarily mean a financially healthy business · How receivables and payables impact the cash you have available · Why growing revenue won't fix an inefficient or expensive business · The difference between money actually being tight and money feeling tight · How moving the financial goalpost can keep you from ever feeling financially safe · The nervous system's relationship with money and financial safety · Why every person you hire doesn't need to directly generate revenue · Looking at ROI through mental space, creativity, emotional relief, and freedom, not just dollars · Asking whether your business is actually creating the life and freedom you want Ways to Connect with Me and Learn More: Apply to Work with Me Generate a Life Well Lived Website Instagram LinkedIn YouTube Grab your free Human Design chart Foundational Resources