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The Wealthy Entrepreneur Blog

"Successful entrepreneurs are not satisfied with status quo. They are constantly looking for new opportunities to improve their current situation and increase their impact." 
Robert Gauvreau

Million Dollar Year by Gauvreau
Episode 01: Achieve Financial Mastery through Profit Simple
12:12
 
Episode 01: Achieve Financial Mastery through Profit Simple

Hey there, Wealthy Entrepreneurs! 

Welcome to the first episode of The Wealthy Entrepreneur Podcast with your main man, Bob Gauvreau. 

Our first-ever episode will tackle a topic that can...

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The GaryVee Audio Experience

GaryVee joined our 2021 Ascent Summit, sharing his insights around life and business. 

Finding the balance between saving and investing in your business as an entrepreneur. Sharing his...

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Kale Houser Leadership Secrets Podcast ft. Bob Gauvreau

Our Founding Partner, Bob Gauvreau, was interviews by Kale Houser on the Leadership Secrets Podcast.

In a two part interview Bob shared the importance of communicating with his team. going all in,...

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Gross Profit vs Gross Profit Margin

So one of the questions that comes up is, what is gross profit and gross profit margin?

Are they the same thing or are they different?

And we've talked about gross profit, gross profit being the...

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What Is Gross Profit?

So one of the questions that comes up often in many of our client meetings is what is my gross profit?

And why is it important?

So gross profit is the difference between our sales and our cost of...

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What Are Fixed Expenses?

One question that comes up in our business quite often is what are our fixed expenses?

Fixed expenses are those costs inside our business that do not change, they fluctuate slightly, but they're...

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What Is A Breakeven Point?

So one question that doesn't come up enough when we're talking with business owners is what is our break even point?

And I'm bringing this FAQ to you because I think this is a question that every...

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What Are Variable Costs?

One question that always comes up is what our variable costs?

And it's kind of a strange item that would continuously come up. But it's so important because variable costs are a key driver of...

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What Is Operating Income?

One question that comes up very frequently in our office is what is operating income?

And before understanding what the answer is to what is operating income, we need to understand the elements...

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What Is Total Business Revenue?

A question that comes up often is what is total business revenue and why is it important that we understand that number in our business?

So just to take a step back inside every business, there's...

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