3 Finance Skills That Separate Successful Leaders from the Rest | Ep 190
whatshot 5 snips
Oct 6, 2025
Unlock the mysteries of finance with three key skills that can transform your business. Discover the power of unit economics and how breaking down your revenue can clarify volume versus pricing issues. Learn why monitoring cash flow is crucial, as profitable companies can still struggle without it. Dive into the four profit and cash flow levers that can significantly impact your bottom line. These insights will not only boost your financial literacy but also enhance your leadership credibility.
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insights INSIGHT
Think In Unit Economics
Unit economics break revenue into actionable building blocks like orders × average order value.
Disaggregating reveals whether to fix price or increase customer volume.
question_answer ANECDOTE
Landscaping Example For Unit Math
Steve uses a landscaping example: average contract value × number of contracts equals revenue.
He shows unit economics apply across industries, not just restaurants.
volunteer_activism ADVICE
Treat Cashflow As Movement, Not Balance
Track cashflow as amounts going in and out, not just your bank balance.
Calculate free cashflow and monitor receivables, payables, inventory, and CapEx to avoid running out of cash.
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Most business owners avoid finance because it feels complicated—but it doesn’t have to be.
Steve breaks down three simple financial concepts that will put you ahead of 90% of people in business: understanding your unit economics, mastering cash flow, and knowing the eight levers that drive profit. He explains how small shifts in how you read your numbers can lead to massive gains in cash flow, clarity, and control. If you’ve ever felt lost in the financial side of your business, this episode will change that.
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