OH3: Recognize Revenue is Vanity, Profit is Sanity and Cash Flow is Queen

Written By Rhodes Perry

This week, Rhodes and Allon open up their office hours to friend of the show and “Wizard of Tax,” Jax Wheatley. Together, the group unpacks why “revenue is vanity, profit is sanity, and cash flow is queen.” Whether you are a seasoned business owner, or just thinking about taking the entrepreneurial leap, you’ll gain fresh and meaningful insights of how to manage money flowing into your business, and evaluate the health and sustainability of your business.

This Episode is Sponsored By

·      Rhodes Perry Consulting, let’s cultivate a workplace culture of belonging

·      Get a Copy of Rhodes’ new book, Belonging at Work

·      Register for the FREE Belonging at Work Online Summit

Questions Answered in this Episode

·      What is the difference between revenue, profit and cash flow?

·      Why is it important to know your numbers?

·      What are the critical numbers every business owner should know?

·      How do we shift our mindset to welcome in a steady flow of cash?

·      What are some strategies to better manage every dollar we earn?

Resources Shared in this Episode

·      Inc., Critical Numbers that Actually Matter in Business

·      Profit First, Transform Your Business into a Money Making Machine

·      Entrepreneur, 5 Tips to Keep Cash Flow Strong

The Top 3 Ways to Support the Podcast

·      Subscribe on iTunes, Listen, and Share the Show

·      Text OutBoss to 444999 and stay connected with the show

·      Watch the Webinar: Leverage Your LGBTQ Superpowers

Join the Out Entrepreneur Community!

·      Subscribe to the Out Entrepreneur Newsletter

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·      Join the #OutBoss Revolution!

Rhodes Perry

Rhodes Perry, MPA is an award-winning social entrepreneur, best-selling author, and keynote speaker. He helps leaders build belonging at work to achieve industry breakthroughs. His firm offers transformative leadership development, change management, and capacity building solutions for senior executives focused on advancing their organizations’ diversity, equity and inclusion (DEI) commitments. Nationally recognized as a LGBTQ+ thought leader, he has two decades of government and nonprofit experience having worked at the White House, PFLAG National, and the City of New York. Media outlets like Forbes, The Wall Street Journal, and the Associated Press have featured his powerful work as a (DEI) influencer.

http://www.rhodesperry.com
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