EP 382 | Key Metrics with Nolan Bradbury
June 25, 2024
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Many design business owners dislike accounting so much, they avoid it. But this avoidance negatively impacts your ability to perform at your best. By reimagining how financial data is communicated and simplifying the tasks, you can make accounting engaging and accessible. You can be more profitable with very little extra effort.
In this episode we learn:
- partner with an accounting/finance resource that engages on your level
- know (and I mean really know) what is the thing that is most important thing you want to achieve in your life, and how is your business going to help you achieve it
- 3-5 KPIs (Key Performance Indicators) can tell you the health of your business
- stop (solely) relying on your gut and intuition to run your business
- data driven decision making increases the likelihood of an improved outcome by 3x
DESIGN INTERVENTION
Other people (aka, your clients and potential clients) don’t think about you as much as you think they do.
TAKE AWAY
Free Self-Assessment: howtoaccelerateyourprofits.com
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Legal Disclosure | This podcast is for educational purposes only and should not be used for any legal decisions. Kimberley Seldon Design Group, Kimberley Seldon Productions Inc., Kimberley Seldon Design and Media, Inc., Business of Design™, or any of its affiliated companies or staff is not responsible for any errors or omissions effecting accuracy in any content, and they will not be held liable for the use or misuse of information, facts, details or any other aspects should there arise any defects, errors, omissions or perhaps inaccuracies. Extensive research has been conducted to put this podcast together for the purpose of educating our industry in order to better serve the public. Care has been taken to acknowledge ownership of copyrighted material. The advice and strategies contained herein may not be suitable for every situation. This work is offered with the understanding that we do not render any legal, accounting or other professional advice. Seek the advice of a lawyer and/or other competent professional person in all matters of law. Further, listeners should be aware that internet websites mentioned may change or disappear between when this was recorded and when it was listened to.