TBL Episode 38: What does profitability and predictability have to do with finance?

Profit and predictability are extremely important for online businesses once they start generating consistent revenue. But how does finance play into it and why should you care? In this episode, we cover:

• Why online entrepreneurs get confused about what profit actually is
• What profit means for your personal wealth
• How to track your profitability
• How your past financial data can make your business more predictable
• How forecasting and planning help make your revenue and expenses more predictable