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It’s that time of year again! Let’s talk openly about our Fayt EOFY stats. I did this same episode last year, and I’m back again this year… but the story looks a little different. This is the first financial year that Fayt hasn’t grown. A sentence like that would probably terrify a lot of business owners. Less revenue? Fewer orders? Fewer customers? Are we going backwards? But the older I get, and the longer I run a business, the more I realise revenue is only one piece of the puzzle. This past year, we intentionally slowed down. We focused less on chasing growth for the sake of growth, and more on building a healthier business. Improving our systems. Strengthening our team. Making smarter financial decisions. Protecting our margins. Focusing on profitability over vanity metrics. Because the biggest revenue number doesn’t always mean you have the strongest business and trust me, it’s VERY easy to want to chase that higher revenue number, but at what cost? In business, it’s so easy to ...

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