Tropical MBA: Entrepreneurship & Founder Lifestyle
Business:Entrepreneurship
#745 “3 Million in Revenue is a Death Zone" - Financial Strategy with Greg Crabtree
Transitioning through the death zone requires careful execution and a focus on profitability. The $3 million dollar mark is a critical milestone for businesses, and many struggle to push through it.
In this episode, Dan talks to Greg Crabtree, author of Simple Numbers, Straight Talk, Big Profits! about how founders can push through the death zone (otherwise known as the messy middle) and grow their profit far beyond that $3M mark.
Some of the common mistakes made by founders include not understanding profit truth, not investing in finance and accounting, and not effectively managing labor efficiency.
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Past guests on TMBA include Cal Newport, David Heinemeier Hannson, Seth Godin, Ricardo Semler, Noah Kagan, Rob Walling, Jay Clouse, Einar Vollset, Sam Dogan, Gino Wickam, James Clear, Jodie Cook, Mark Webster, Steph Smith, Taylor Pearson, Tommy Griffith, Justin Tan, Matt Gartland, Travis Jamison, Ayman Al-Abdullah, Tynan, Lucy Bella Simkins, Brian Balfour, Nick Huber, Mike Michalowicz
Additional episodes you might enjoy:
How Transparent Should You Be? Thoughts on Queen Bee Roles & a Ticket Giveaway
A Podcast About Shiny Object Syndrome
Spotting Taboo Business Ideas Through the Overton Window
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