There is a particular kind of silence that follows a goal you thought you would have hit by now. You know the one. You did the plan. You ran the numbers. You knew what you were capable of. You could see the path and then, three years later you look at the business and realise you are not where you thought you would be.
That was us. When we first took over our workshop, I had done the maths. The business was turning over around $250,000 a year and I was convinced we would reach $1 million in annual revenue within three years. It seemed completely doable on paper.
It ended up taking us 12 years.
For a long time, we could have told ourselves a story about that. That we had been too slow, we had missed something, we should have worked harder, been braver or made better decisions sooner. But that is not the story I tell now. Because the number tells only a tiny part of what happened in those 12 years.
The goal did not arrive on time but the growth was still real. While we were working towards that million-dollar mark, we were building far more than revenue.
We were learning how to lead people. We were figuring out pricing. We were working out which work was worth doing and which work was keeping us busy without moving us forward. We were building relationships with clients, strengthening our reputation, fixing systems and making decisions that would affect the business long after the day-to-day rush had passed.
We were also making mistakes, some of which were mighty expensive, some super exhausting and others painfully obvious in hindsight. But every mistake taught us something the spreadsheet could not.
The target had given us direction and real life execution gave us education.
And when we finally did hit seven figures in annual revenue, it was not just a bigger number on a page, it was the result of years spent building a business that had stronger foundations underneath it. That distinction matters.
Revenue is not the finish line. A business can be busy and still not be healthy. It can have a full calendar, plenty of customers and impressive revenue while the owner is underpaid, exhausted, constantly putting out fires and wondering why there is never enough left over.
That is why revenue is a part of the goals we set in Haus of Business but we don’t get overly excited because it can also be a vanity metric. Of course revenue matters, it gives you options and it is a sign that something is working. There is a bigger game at play, after all revenue without profit is not freedom.
The question is not only, “How much is the business making?” The better question is, “What is the business giving me back?”
For us, it took time to understand this. Over the years, our workshop has generated more than $18 million in revenue and paid us a healthy multi-six-figure income every year. That is something we are incredibly proud of. But the real result was the choice it created.
The ability to only be open for business 4 days a week and have 4 weeks off a year. The ability to say yes to experiences, to invest in the things we loved, to take better care of our family, to not sacrifice our health and to create more breathing room in our lives. That was always the point.
A different timeline is not a failed timeline. I know you may be reading this, thinking you should be further ahead by now. Maybe you thought you would have hired the team by this point. Maybe you thought the profit would be bigger. Maybe you thought you would have more freedom by now, or you would no longer be the person making every single decision.
It is easy to use the gap between the plan and reality as evidence that you are behind. But sometimes the business is asking you to build the foundations before it lets you hold the next level.
Maybe you need to fix the pricing before you chase more work. Maybe you need to understand the numbers before you make the next hire. Maybe you need a better operating rhythm before you add more demand. Maybe the business does not need you to work harder. Maybe it needs you to make a different move.
That is the work. Not chasing a number for the sake of a number. Building you as the owner, the business and the life that can not only hold more when it comes but see you rise through it.
Keep the ambition. Lose the shame. Over here we still believe in ambitious goals. We believe in knowing the numbers, setting the target and making a plan to get there. We believe in more profit, stronger businesses and owners who are properly rewarded for what they build.
But we also believe that an ambitious target should give you direction on where you’re going, not become a stick you use to beat yourself with when it doesn’t go to plan.
It took us 12 years to hit the number we thought we would hit in three. That did not mean we failed. It meant we were building something real. And something real takes the time it takes.
You can be proud of what you have built and still know there is more. More profit. More time. More freedom. More of the life you want.
Build a business that gives you more.
If your business is busy but not giving you enough back, explore how we work with service-business owners through Build for More, The Profit Plan Intensive and bespoke business consulting.
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