Revenue: The Lifeblood of Every Business

As a small business owner and fractional executive for two other small businesses, one lesson stands out above all: nothing matters without revenue. You’re not even in business if you don’t generate revenue. It’s the foundation, the validation of your ideas, and the fuel that keeps everything running.

A few years ago, I left the stability of Corporate America to chart my own course. It wasn’t a straight path—it was a journey of trial and error, an exploration to find my next great “work thing.” Along the way, I worked in retail, call centers, consulting, and eventually landed in my current role as a fractional executive. Through this journey, I learned one critical truth: your business model must align with generating value and translating that value into revenue.

From Stability to Uncertainty

For most of my adult life, I enjoyed the comfort of a regular paycheck—monthly or bi-weekly deposits that arrived like clockwork. But when I stepped out on my own, I made a conscious decision to trade stability for the uncertainty of risk and reward. I shifted my approach from being a retained resource to someone who gets paid only when I generate value for the company.

As a self-proclaimed change management “expert,” embracing this shift became an objective in itself. The transition wasn’t easy. Even with the privilege of not living paycheck to paycheck, the mental adjustment was profound. The stakes were higher. The challenges, more personal. But I leaned into the discomfort, using my love for risk management and mitigation to navigate the uncertainties.

Revenue First, Always

In my role as COO for a talent acquisition company, the mantra is clear: if we don’t “fill roles with quality souls,” we don’t eat well. All the talk about CRMs, KPIs, and business plans is just that—talk—until revenue rolls in. My CEO reinforces this every day, and it’s a message I’ve fully embraced.

Recently, after more than a year of building our structure, processes, client relationships, marketing strategy, operations, and brand, we placed our first two candidates—our first two “quality souls.”

It was a milestone worth celebrating, not just because of the hard work it took to get there but because it validated the value we’ve worked so hard to create.

Revenue isn’t just about dollars in the bank; it’s about demonstrating value to your customers. It’s the ultimate proof that your business matters.

A Moment of Reflection

When the placements were confirmed, I celebrated in my own quiet way. My wife, who is bravely battling a severe illness, couldn’t join me for a glass of champagne or outing. So, I went outside, looked up at the full moon, and allowed myself a moment of gratitude and reflection.

I told myself: I can still do new things. I still have value. I will continue to grow.

I thought about the journey I’ve been on—from the stability of Corporate America to the ever-changing landscape of entrepreneurship. Revenue is the lifeblood of my businesses, but it’s also a symbol of something deeper: the ability to adapt, create value, and prove to yourself that you’re still growing, still evolving, and still capable of new achievements.

Lessons Learned

For anyone considering a similar leap, here’s what I’ve learned:

  1. Revenue validates your business. Until you make money, you’re just planning.
  2. Risk and reward go hand in hand. Stepping away from a steady paycheck is hard, but it forces you to focus on creating value.
  3. Celebrate every win. Even the small victories matter—they’re milestones in your journey.
  4. You’re never done growing. Every challenge, every risk, and every success adds a new layer to your personal and professional growth.

If you’re considering stepping out on your own or are in the trenches of entrepreneurship, remember: it’s all about the value you create and the revenue that value generates. Everything else is just details. Keep pushing, keep learning, and keep growing. The full moon will be waiting to remind you of your progress.

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About LOUJSWZ Inc.

Over 30 Years Experience in Leadership and Management across multiple businesses and markets. Expertise in Healthcare Administration, Sales, Solution Design, Pre-Sales Consulting, Proposal Writing, Capture Management, Funnel, Business Development, Federal Government and the Military MS, CPHIMS, FHIMSS. PMP, LSS GB

Posted on December 14, 2024, in Leadership, Starting out and tagged , , , , , , . Bookmark the permalink. Leave a comment.

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