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Owner's Compass

You only get so many hours.
Are you spending them on the right things?

A practical tool to help you evaluate what matters most to you as an owner — and identify what may be draining your time, energy, or resources.

Created by Carl Stoddard, founder of DrCFO

REVENUE ALONE

ISN'T ENOUGH

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WHY THIS EXISTS

A MORE HONEST

INSPECTION

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GET TO A CLEAR

DECISION

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Most owners judge a business line, a franchise, or a side project by one number: revenue.

But revenue alone is a bad way to decide what's actually worth your time.

Score each division on four things: what it earns, how much you enjoy it, how much time it takes, and how much risk it carries. Then decide how much each factor matters to you.

Before making a decision, ask whether the problem can be improved. Can revenue grow, joy increase, or time and risk be reduced? If so, make changes. If not, the next step becomes clearer.

Four Factors. One Clear Direction.

See What’s Driving the Score: Revenue and Joy add value. Time and Risk create cost.

PROFIT

JOY

RISK

TIME

How much this venture actually brings in. Pick one metric and use it consistently across every line

How much you genuinely enjoy running it. Focus on your experience as the owner — not how everyone else on the team feels.

How much liability, stress, or downside exposure it carries relative to everything else you do.

How much of your personal time this takes compared to everything else you manage.

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