How to Build a Business That Runs Itself (The Ultimate Path to Personal Freedom) Many…
Revenue Won’t Save You.
Revenue Won’t Save You. You see the sales coming in. That feels like success. But often, the real story is different. Your business has likely outgrown your gut instinct. Margins get thinner. Cash starts to dry up. The old rules stop working.
This is where the financial fog begins. You’re not blind because you lack numbers. Blind because you don’t know which numbers to watch. You can’t fix what you won’t face. The business’ financials are telling a story. If you don’t listen, it might not be a story you like. Three big traps I notice:
Trap #1: We’re Fine Because Revenue Is Up
This is the most dangerous lie in business. It feels like progress. I have seen owners increase revenue by 30% and have less cash. They never checked their margins. Many don’t track hidden costs. They assumed growth was strength.
But growth without control is chaos. A R5 million company with a 10% profit is healthier. It’s better than a R10 million company burning cash. Hope is not a strategy. Growth that isn’t profitable is just running in place. Better before bigger is a crucial filter.
Trap #2: That’s My Accountant’s Job
You may think, “I have people who handle finance.” But understanding the numbers isn’t about doing the books. It’s about knowing the story the books tell. Even the best accountants don’t have your level of care. You can offload the work but you cannot offload the understanding. You are responsible for your business’s future. Take ownership. Get to know your numbers.
Trap #3: We’ll Figure It Out Later
This sounds like optimism. But it is just procrastination. You delay hard conversations. Avoiding margin analysis. Put off real cash forecasts. Tell yourself you’re too busy. But then, it’s all on you at once. A loan isn’t renewed. Supplier X raises prices. You don’t rise to your ambition, you fall to the level of your systems. When you have no systems, the only choice is scrambling. This is how smart people run out of money.
Five Key Questions to Ask
As a Trusted Business Advisor, I ask these questions of almost every client every month:
- Are we making money?
- Where is our cash going?
- What changed from last month?
- What’s coming in the next 90 days?
- What decisions are we making based on this?
Revenue won’t save you if the numbers don’t work. You don’t need an MBA to understand your numbers. Just a mindset shift. A Certified Business Advisor can help. Stop saying, “I’m not a numbers person.” Start saying, “I’m learning what matters to lead better.” A Business Coach or a good Strategic Business Advisory service can turn static reports into dynamic roadmaps. It’s time to listen to the numbers. They are waiting to tell you a story.