Growth vs. Profitability

20/01/2022 23 min Temporada 2
Growth vs. Profitability

Listen "Growth vs. Profitability"

Episode Synopsis

In our session today we are going to talk about Growth vs. profitability. Growth and profitability are both important components when we talk about the success of a company. But what comes first growth or profitability? How do you get profitable quickly without burning money and resources for years while growing your organization? What can you do to build a scalable and resilient business model? These and more questions we will tackle.▬▬▬▬▬▬▬▬▬▬▬▬▬ 💡 QUESTIONS AND VIEWS HIGHLIGHTED IN THIS EPISODE:What comes first growth or profitabilityTackling imbalance between growth and profitabilityAdding permanent valueBuilding a scalable business and resilienceBenefits of working with virtual teams▬▬▬▬▬▬▬▬▬▬▬▬▬ ♨  EXCERPTS YOU MIGHT WANT TO JUMP IN00:00 Intro 01:40 What comes first?03:40 Stop burning money06:10 Profitable without growth09:20 Adapt the business model15:40 Adding new value constantly ▬▬▬▬▬▬▬▬▬▬▬▬▬ Flash Hub provides tools, workflows, and skills to hire freelance experts and set up your first team in a matter of days. Develop virtual leadership skills, solve the digital agency hamster-wheel issue, and build freelance teams with ease. We have selected best practices and the most helpful skills you need to work smart, less, and grow a digital business that is easy to sustain you can work on from virtually anywhere.▬▬▬▬▬▬▬▬▬▬▬▬▬ Visit FLASH HUB  to get free access to the virtual business builder training. Learn how to build, grow, and scale your business with virtual teams and global freelancers in this free training.▬▬▬▬▬▬▬▬▬▬▬▬▬ For our international community. This is an English episode and you can find the transcript of this conversation now in more than 20 languages, on our Blog, at HappyScribe Public, or watch the video with subtitles for this episode on our YouTube Channel. You'll find all the links in the show notes below.  ▬▬▬▬▬▬▬▬▬▬▬▬▬ 🔗 LINKS & HINTS IN THIS EPISODEFollow us on Facebook and engage in our daily discussions: ✅  FACEBOOKConnect with us on LinkedIn: ✅  LINKEDINSupport Virtual Frontier show on Patreon:✅  PATREONFind the transcripts to this episode on Happyscribe:✅ HAPPYSCRIBEDrop us a message:✅ PODCAST EMAIL: [email protected] ✅ BLOG#Growth #Profitability #GrowthvsProfitability #ProvidingValue #flashhub #virtualfrontier #remotework #virtualteams #MadeOnZencastr