Actionable Steps to be Profitable even in this Economy with Ruth King
Profit & Wealth Guru Ruth King is passionate about helping businesses get and stay profitable by utilizing the latest systems/processes/technology.
Ruth is especially proud of a business partnership she started consulting with when the company had $750,000 in revenues. With her guidance, 16 years later, the company reached $10 million in sales and was sold for $9 million in cash.
Ruth holds an MBA in Finance from Georgia State University and a Bachelor’s and Master’s Degrees in Chemical Engineering from Tufts University and the University of Pennsylvania.
“You can only make good business decisions with clean, clear, and correct financial statements. If your financial statements are garbage, your decisions will be garbage.” – Ruth King
Episode Highlights:
- How to make business owners get started with their profitability numbers
- Tips for marketing a business (especially for non-online businesses)
- How to automate your email marketing
- How to get potential clients to respond to your communication
- How to budget the finances of your business (How to determine the budget killers in your business)
- How to determine the right KPI that will increase the productivity of your employees
- Basic rules for firing an employee
Website:
Books:
101 Dumb Financial Mistakes and How to Avoid Them
Profit or Wealth?
The Courage to be Profitable
The Ugly Truth about Cash
The Ugly Truth about Managing People
The Ugly Truth about Small Business
Ronan the Rubber Duck Dives into Financials
Connect with Ruth:
Transcript: Download
Video Transcription provided by GMR Transcription Services.
Categories: All, Business, Featured Millionaire Interview, Millionaire Interviews