Episode
The Number You Should Know by Heart
- Podcast
- Prosperity on the Horizon
- Published
- Apr 9, 2026
- Duration seconds
- 1142
- Processing state
not_requested- Canonical source
- https://prosperityonthehorizon.captivate.fm
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Summary
Julianna explains why founders should know a few key financial numbers without relying on accounting software, because quick decisions about hiring, pricing and deals often need confidence and clarity. She shares an example of a consultancy owner who nearly hired based on a strong recent month, but changed plans after checking her average revenue over 6-12 months. Julianna outlines six numbers to know: average monthly revenue, average monthly profit, main monthly fixed costs, unpaid invoices (receivables), an approximate tax amount to set aside (including GST and income tax), and business runway (months you can operate with current cash). She gives simple steps to find and track these in accounting software and encourages listeners to review them regularly to reduce anxiety and lead more intentionally. 00:00 Welcome and context 01:19 Why memorize numbers 03:04 Hiring story lesson 05:18 Six numbers overview 05:34 Average revenue and profit 07:16 Fixed costs and receivables 08:45 Tax and runway 10:32 How to track them 13:42 Reflection questions 14:36 Final mindset and wrap If you are listening to this podcast, chances are you are already on your way to exploring your numbers with a desire to understand and master your business finances, realising the transformative power that numbers hold for your business success. We have a new FREE resource - The 60-Minute Monthly Reset to Finally Feel in Control of Your Cash - that you can download from here . Learn exactly what to do on the 1st of every month so your business moves forward, not sideways. Complete our FREE ‘ Business Health Check ’ form to give you insights into where you’re strong or weak in your business, where there are opportunities to improve, how your business is performing in terms of profitability, cash and ti…