{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"","title":"How I Use a P&L to Find What’s Broken in My Business | EP 41","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/6723fcba0e172486e45c5517/1753760821241-8cee2122-65d9-476e-b3de-87218316c03d.jpeg?height=200","description":"

Ready to take control of your business finances using military-proven strategies?


In this episode of Diehard Entrepreneur Stories, I share how I analyze my Profit & Loss statement like a pro, using methods I learned during my time in the intelligence community. This approach helps me quickly spot problems and make smarter decisions to grow my companies.

I start by looking at the big picture—net income and gross profit margins. From there, I dig into the details to identify any leaks or issues within expenses, like payroll or marketing, that might be draining my business.

By working backwards from the results I want, I stay focused on what matters most. This system isn’t guesswork; it’s a data-driven way to move faster, be more organized, and ultimately maximize profitability for sustainable growth.


I’m on a MISSION to help entrepreneurs build strong, successful businesses.

Get on board at: 🤝

https://www.devinramos.com


TIMESTAMPS


00:00 - Introduction

01:15 - Overview: Three Companies and A CFO Role

03:00 - Military-Inspired System for Analyzing P&L

05:15 - Big to Small: Focusing on Net Income First

08:30 - Understanding Gross Profit and Its Importance

10:15 - What to Check: Net Income Margin & Gross Profit Margin

12:45 - Problem Solving: When Net Income Looks Off

15:00 - Digging Into Gross Profit Issues: Revenue vs Cost

18:00 - Expense Analysis: Payroll and Marketing Checks

21:30 - Quick Wins: Cutting Bleeding Expenses

23:45 - Steering the Ship: P&L for Checking, Not Steering

26:00 - Recap and Challenge: Master Your P&L for Faster Decisions


🎧 Watch on Youtube:

https://youtu.be/b2Cs_ZBQFKk


⚡ Let's stay in touch:

Instagram:

https://www.instagram.com/devinramos/

Facebook:

https://www.facebook.com/devinjramos035/

LinkedIn:

https://www.linkedin.com/in/devin-ramos-602a811ab


🎬Produced by:

https://daretopodcast.com/


#DiehardEntrepreneur #ProductivityFramework #MilitaryDiscipline #EntrepreneurFocus #WorkWithIntention #EliminateToGrow #HighPerformanceHabits #BusinessWithoutBurnout #DelegateSmart #DailySuccess #PrioritizeLikeAPro #FocusAndExecute #EntrepreneurMindset #TimeManagementTips #DisciplineEqualsFreedom #SuccessHabits #StrategicPlanning #DoMoreWithLess #FoundersLife #LeadershipDevelopment #PeakPerformance #NoExcuses #BuildBetterHabits #SystemsOverHustle #MentalClarity #OwnYourTime #IntentionalLiving #GrowthDriven #ForwardFactor #DevinRamos

","author_name":"Devin Ramos"}