The Profit Plot

In this episode of The Profit Plot, host Jeremy Millar uncovers the timeless wisdom of Michael E. Gerber's "The E-Myth Revisited." Discover why many small businesses fail despite their owners' technical skills and learn practical strategies to transform your business from a chaotic operation to a well-oiled machine. Through the story of Sarah, a passionate baker turned overwhelmed

Your business performs exactly as it's designed. In this episode of the Profit Plot, Jeremy highlights the importance of intentionally designing business systems. He discusses common pitfalls small business owners face, such as neglecting crucial aspects like marketing, hiring, and financial management. Tune in to learn how to analyze and adjust your business systems to achieve bet

How does pricing affect your business? Dive into the fascinating world of price elasticity of demand with The Profit Plot. Together, we unravel the mysteries behind successful pricing strategies, drawing parallels between the elasticity of childhood rubber bands and the demands of today's market.Join Jeremy Millar on a transformative journey, learning how to craft a resilient brand

Scaling your business can be both an exciting and daunting process. How do you foster substantial growth without exponentially increasing resources? How do you determine the right size and pace for your business growth? The concept of "economies of scale" might hold the answers you seek.Dive deep with host Jeremy Millar as he unpacks the buzzword "economy of scale" and delineates h

How do you improve a struggling business or grow an already successful one? There are so many ways to track your business's performance, but how do you know what's the right way? You need to measure and manage the right data points using the right method. Explore the often-misunderstood mantra, "What gets measured gets managed," and discover its potential pitfalls. Host Jeremy Mill

How much money should stay in your business bank account? Creating a financial safety net is essential for small business owners. Keeping enough in the bank can allow your business to weather any storm.In this episode of The Profit Plot, Jeremy Millar explores the importance of emergency funds and strategic budgeting for businesses. We'll look at how to determine the right amount o

Debt - it's a word that can strike fear into the hearts of many. Whether it's a necessary evil or a strategic asset is a topic of endless debate among business owners. What if understanding debt could be the key to unlocking growth and prosperity in your business?In this episode of The Profit Plot, host Jeremy Millar dives deep into the world of debt. From its roots as a promise to

Entrepreneurship is an exhilarating journey. It allows you to tap into your unique skills and turn your passion into a profitable venture. But what happens when you realize that your business solely depends on you? How do you transition from being a high-performing individual to leading a sustainable business that can operate independently?In this episode of The Profit Plot, host J

Data is one of the most sought-after resources in the world right now. Protecting, interpreting, and gathering it helps companies make billions of dollars. What if you could leverage your own financial data to understand your business, resulting in a deeper understanding than ever before?In this episode of the Profit Plot, host Jeremy Millar discusses how our world rapidly transfor

Trying to predict sales figures for small business owners is like trying to build a time-traveling DeLorean. Sales numbers are one of the hardest components of a business's financial story to accurately predict! There are so many factors that can cause sales to fluctuate and many of them are out of your control completely. But there's hope: a strategy known to the most savvy of bus