Ep 139: [Money Talk] Revenue, Income, Profit: What's the Diff and What You Need to Know

<p>Back in 2013, I joined the Accelerator Program of EO (Entrepreneur’s Organization) as an investment to grow my business. </p><p></p><p>I learned a ton from the program, made great connections and some great friends. But one major thing I learned through that experience wasn’t something they taught.</p><p></p><p>Through the program, rubbing elbows and networking with other members, I learned that people whose businesses were making way more money than mine, were actually taking home less money than I was.</p><p></p><p>That lesson shaped my whole perspective on how to build a business that gives you what you want in life. The top-line revenue isn’t going to determine what kind of business and life you have.</p><p></p><p>So let’s dig into the differences between revenue, profit, and income and why you have to distinguish them in your mind.</p><p></p><p>Tune into this episode to hear:</p><ul><li>Doing the math on revenue, profit, and income to get to the life you want to live</li><li>The two types of profit that I include in the Freedom Calculator</li><li>Why a sole focus on increasing your revenue will actually diminish your profit</li></ul><p></p><p>Resources:</p><ul><li><a href="https://www.nobsagencies.com/program" style="color:rgb(17,85,204);background-color:transparent;">No BS Agencies Mastery</a></li><li><a href="https://www.nobsagencies.com/freedom" style="color:rgb(17,85,204);background-color:transparent;">The Price to Freedom Calculator™</a></li><li><a href="https://www.nobsagencies.com/launchpad" style="color:rgb(17,85,204);background-color:transparent;">No BS Launchpad</a></li><li><a href="https://www.facebook.com/groups/nobsagencyowners" style="color:rgb(17,85,204);background-color:transparent;">No BS Agency Owners Free Facebook Group</a></li><li><a href="https://www.piasilva.com/ch1" style="color:rgb(17,85,204);background-color:transparent;">Start reading the first chapter of my book</a></li><li><a href="https://www.piasilva.com/" style="color:rgb(17,85,204);background-color:transparent;">Piasilva.c