The Small Business School Podcast

Rethinking Your Relationship with Numbers

September 03, 2024 Staci Millard Episode 210

In today’s episode of Small Business School we’re tackling a common challenge: why so many business owners shy away from their numbers. It’s time to shift our perspective and start seeing numbers not as a judgment but as a tool for growth. Let’s dive into how you can make the most out of your financial information!

Topics Covered:

  • Numbers Aren’t a Scorecard. Many of us view financial numbers as a pass/fail test, but they should be seen as tools to help us refine and improve. 
  • Instead of fearing numbers, see them as a resource for making better decisions. 
  • Approach your financial data like a scientist with a hypothesis. Test your strategies, make adjustments based on the results, and iterate to find what works best for your business.
  • When you stop seeing numbers as a scorecard, you empower yourself to make informed, less reactive decisions. This shift reduces stress and enhances your strategic thinking.
  • With the right mindset, you can use your numbers to make smart investments and drive growth.

Embrace the numbers as a tool for growth and watch how it transforms your approach to business. Here’s to making the numbers work for you, not against you!

Staci's Links:
Instagram. Website.

The School for Small Business Podcast is a proud member of the Female Alliance Media.

To learn more about Female Alliance Media and how they are elevating female voices or how they can support your show, visit femalealliancemedia.ca.

Head over to my website https://www.stacimillard.com/ to grab your FREE copy of my Profit Playbook and receive 30 innovative ways you can add more profit to your business AND the first step towards implementing these ideas in your business!

People on this episode