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Small Business Survival Conversations
It is hard to run your business and keep up with new trends and resources to help you build a profitable company. Each Tuesday, join Anna Steinfest and Dr. Michael Troyer will share with you business tools, insights, and ideas. If you are a business owner or thinking about starting a new company or just want to hear some business advice this podcast is for you.
Small Business Survival Conversations
S3E36: Does TRACKING Performance Really Save Your Business?
In this week’s Monday Morning Motivation, Anna Steinfest shares a powerful story from history to highlight a critical lesson for small business owners: if you don’t measure your performance, you’re operating in the dark.
Using the example of a tragic 1707 naval disaster—where poor navigation led to the loss of four warships and 2,000 lives—Anna draws a parallel to the modern entrepreneur who steers a business without tracking key metrics.
Whether it’s your financial performance, sales conversion, or customer retention, what you measure determines what you can improve.
🎯 In this episode, you’ll learn:
- Why not tracking your numbers can stall (or sink) your business
- The 3 most important areas every small business owner should measure
- How to start tracking your progress without fancy tools
- A sneak peek at Anna’s new interview series featuring real business owners sharing how they survived and thrived
If you're ready to replace guesswork with clarity, this episode will give you the mindset and action steps to move forward with confidence.
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#SmallBusinessTips #EntrepreneurMindset #MeasureWhatMatters #BusinessPerformance #MondayMotivation #KnowYourNumbers #AnnaSteinfest #SmallBizGrowth #Leadership #BalancedScorecard