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We're getting deep on this week's podcast with Ellie Lum, founder of Klum House.
Ellie is sharing her story of making a huge pivot in her business in 2022, what she learned along the way, and what she would do differently if she were starting a new product business today.
One of the most powerful conversations we had was really digging into the numbers and truly understanding your numbers. And as a product-based business owner your sales, your top-line revenue is instantly cut from the top due to the cost of those goods. By the time you cover the expenses of your business and payroll, there isn't much left at the end for you as the business owner.
This is a pretty heavy conversation and I recommend you listen to it more than once.