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Financially Simple Bizcast

The Financially Simple podcast is your one-stop resource for small business owners. Gain unique insights into growing, refining, and selling businesses. You will hear ways business owners have reduced their tax liabilities, increased their income, improved office morale, saved for the retirement of their dreams, and more.
Host Justin Goodbread is a serial entrepreneur, award-winning CFP® (Certified Financial Planning professional), CEPA® (Certified Exit Planning Advisor), and CVGA® (Certified Value Growth Advisor) with years of experience guiding business owners from start to exit in their business.

May 3, 2021

In episode 356 of Financially Simple, Justin wraps up the series on Performance Indicators.

Over the last few episodes we have learned all about KPIs, KRIs, PIs, what they are and why they matter whether you’re the owner of a large business or a solopreneur. In this episode, Justin reviews the importance of Performance Indicators, the why and how indicators can be used to improve your business further, and reminds us that like Alice in Wonderland “Every adventure requires a first step.”

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01:35 - Performance Indicators Wrap Up

03:31 - Identifying and Implementing Performance Indicators in Your Business

05:13 - Think Differently

06:03 - Have a Clear Destination

07:20 - Assess Your Current Situation

09:57 - Devise an Action Plan

11:47 - Explain the Changes to Your Team

13:15 - Start Tracking

14:37 - Summary



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Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.