Thou Shalt Focus on Profit | EP 105
Today, we’re diving into Episode 7 of our special series, The 10 Commandments for Consultancy Business Owners, where we challenge the norms, break down myths, and explore what it takes to build a thriving consultancy.
Today’s Commandment 7 of 10 is: "Thou Shalt Focus on Profit."
In this episode, we uncover:
- Why chasing revenue growth is trap if profit isn't prioritised.
- How to build systems, processes, and efficiencies that boost profit.
- The power of tracking profit monthly — not waiting for your accountant to tell you.
Profit is the lifeblood of your business — it gives the freedom to grow, reward your team, and reinvest back into the business. Without it, you’re just running on a treadmill chasing a false economy – all effort, no reward.
If you’re ready to break free from the revenue hamster wheel and focus on real, sustainable growth, this episode is for you.
PS: If you’re interested, here are 4 ways I can help you right now:
- Download our free Business Plan template that will help you build out your Business Plan & grow your business in a consistent and step by step manner – Click Here to download now
- Join our next online workshop – The Profitable Consultant | Learn how to build a Profitable Consultancy, that generates consistent 30% net profit margins - Register here
- Book a 15-minute Business Growth Call | Map out a growth plan for your business, uncover the #1 bottleneck that's holding you back right now and leave this call with a clear and actionable plan for what to do next in your business – Click Here
- Join us! We run a thriving community and training group for engineering, town planning, surveying & architecture consultancy business owners. In 2023, our members on average grew their revenue by 46%. If you'd like the same results or better - just send us an email at [email protected] with the word “PROGRAM” and we’ll get you some more information.