September 1, 2021

Revenue vs Profit

Revenue is how much money your business brings in.

Profit is how much you have left after paying your expenses.

It doesn’t matter how much money you bring in (i.e., your revenue) if you don’t get to keep any of it (i.e., you have no profit).

Here’s the thing...

When it comes to financials, revenue is a vanity metric.

Profit is what matters.