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"Revenue is for vanity, profit is for sanity, and cash flow is reality."

Name: "Revenue is for vanity, profit is for sanity, and cash flow is reality."
Uploaded: 2024-09-25T23:04:37Z
Channel: HEBA - Her Empire Builder Assistant
Description: This is a YouTube video titled "Revenue is for vanity, profit is for sanity, and cash flow is reality." It features a single speaker discussing financial…

25 Sept 2024

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This is a YouTube video titled "Revenue is for vanity, profit is for sanity, and cash flow is reality." It features a single speaker discussing financial principles relevant to online businesses, focusing on managing expenses, profitability, and sustainability. The content aims to provide realistic expectations and actionable advice for business owners.

Revenue is for vanity, profit is for sanity, and cash flow is reality. Now, the reason that I love this is like the example that I gave before of our member who made 500,000 had less money left over than our member who made $100,000. Because revenues for vanity, profit is for sanity. It actually, I mean, yes, earning more does help, but what is most important is what you do with that money. And so today, I'm going to be taking you through, like, the expenses in an online business so that you've got all of that in place and you've got realistic expectations and, you know, the levers that you can pull in your business in order to keep it profitable and sustainable.