Damns Given with Nick Richtsmeier
Send us Fan Mail [https://www.buzzsprout.com/2365925/fan_mail/new] Damns Given Episode 2.15: "What is one way you can become more knowledgeable about the business case for whatever you're selling? One notch more knowledgeable. The more we think about these economic tools as mechanisms for value delivery, the more we get into the loamy soil of trust — which is where all the good things grow." It's common for leaders to think their biggest strategic decisions happen in leadership meetings. They don't. They happen in the revenue model—the underlying structure of how money flows through a business—and most ventures have never seriously looked at theirs. Nick Richtsmeier opens this episode with two client stories that have no business being in the same conversation. A solopreneur content marketer working from home in Idaho. A SaaS company with 25 employees and an engineering arm in India. Completely different scale, completely different problems... except they share the same root cause. Neither of them understands the business case for what they're selling into, and because of that, both of them keep making the same decisions over and over, wondering why nothing sticks. Nick breaks down how revenue defines a structure for decisioning, even when and especially when you don't attend to it. It's why most specialists — content marketers, HR consultants, compliance experts, operations people — have built their entire practices without ever learning to speak the language of the businesses they're selling to. He walks through the death of per-seat SaaS pricing and what's replacing, and he makes the case that learning to read a P&L is one of the highest-leverage things a non-financial specialist can do right now. The subscription addiction era — build a thing, get as many subscribers as possible, extract maximum value before anyone notices — is over. What comes next requires something the extraction economy never asked of anyone: genuine understanding of the financial reality of the person on the other side of the table. **Chapters ** 00:00 Two Case Studies 10:03 The Importance of Financial Leadership 14:27 Your Takeaway Question Join Nick for the revenue model free MasterClass: https://www.trustmadegrowth.com/c/trust-made-training-events/escaping-the-funnel-growth-models-and-building-from-trust Trust-Made Growth® Leaders who want to understand how to reformat their growth strategies to address trust decay should explore more at CultureCraft.com [https://www.culturecraft.com] Independent Professionals can join the free community exploring how to return trust to our commerce and our communities at trustmadegrowth.com [https://www.trustmadegrowth.com] Have a business topic you want us to decide if it's working or broken? Have a question about the episode? You can email us at podcast@culturecraft.com.
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