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Business Lunch
- By: Roland Frasier
- Podcast
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Summary
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Nov 19 202429 mins
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31 mins
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25 mins
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What listeners say about Business Lunch
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- James Hill
- 12-08-22
Find that Critical Blend - PROFIT & GROWTH
You absolutely nailed it! I’ve found it’s easy to grow virtually any business when you don’t have to worry about TODAY’S PROFIT… pay amazing comp with perks and invest in crazy growth and just call it R&D to justify it, Rapid growth at all cost often turns out to be no different than buying a bunch of Powerball tickets every week until you either hit it big or go broke.
Disciplined growth with an eye on generating real value every quarter, (defined as cash returned or available to be returned to your investors or reinvested in REAL opportunities that have a high confidence of impressive ROI) takes real skill and discipline!
Cash is king when running a business - only because nothing else matters when you’re out of cash… out of cash=out of business. Your metric helps strike that critical blend between profit and growth so we don’t run out of cash chasing the growth squirrel.
In strong Bull markets high growth can attract some investors and seems sexy but a high compounded profit growth rate is ALWAYS appealing to sophisticated investors.
Brilliant as always! Thank you for the continued guidance and healthy reminders.
Jim Hill - Trajector
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