The Thoughtful Entrepreneur Podcast
In this episode of the Thoughtful Entrepreneur, your host Josh Elledge speaks to the President of Pivot Business Group, Pam Jordan.
Pam shares that she worked in the corporate world until the construction company she worked for went bankrupt. After that, it became her personal mission to help business owners really understand their numbers. Pivot Business Group helps business owners translate these numbers into actual sustainable strategies.
Josh and Pam explore how Pivot rolls up their sleeves and gets to work. They look at all factors, from profit to revenue to scalability. They go through and make sure businesses are charging enough, offer enough products, have enough clients, and overall, get them closer to true profitability. Pam sometimes encourages clients to have hard conversations, such as when an entrepreneur lives their lifestyle through their business. She shares that, for instance, payroll can’t be met if money is being spent on a lifestyle beyond their means. Most of the time, though, Pam shares that many business owners just need to dig into the details and see where the money sinks are.
To hear the full episode go here.