Episode Details
Back to EpisodesCI - S2 - 139 - The 8 Numbers Every Entrepreneur Should Track Every Week
Season 2
Episode 139
Published 1 week, 3 days ago
Description
In this episode, Tom Krol breaks down the eight numbers every business owner should review every single week. These aren't complicated financial reports or accounting jargon, but simple metrics that help you make better decisions, spot problems, and grow your business.
Listen and enjoy the show!
You’ll Learn How To:
- Build a simple weekly scorecard
- Track the numbers that drive growth
- Measure your marketing and sales performance
- Make better business decisions using real data
What You’ll Learn in This Episode:
- (01:16) The eight numbers you should track every week
- (02:22) What are numbers?
- (02:48) The three purposes of numbers
- (04:07) Entrepreneurship is a group adventure
- (04:23) The first number you should always track
- (04:57) Personal net worth
- (05:16) How to identify your most profitable revenue sources
- (06:02) The right way to track business expenses
- (07:04) Profit is the number that matters
- (07:42) How to calculate your true marketing ROI
- (08:26) The importance of tracking lead-to-sale conversion rates
- (09:09) Collecting reviews should be a weekly KPI
- (10:18) The bonus metric: bank balances
Who This Episode Is For:
- Business owners who want more control over their numbers
- Coaches and consultants looking to scale profitably
- Entrepreneurs who want practical reporting systems
Why You Should Listen:
Tom shares a simple framework that helps you understand where your business is growing, where it's leaking money, and what deserves your attention every week.
Resources:
- Apply now for Coaching Inc.’s private mastermind at coachinginc.com