Curious: How do you know if a business is actually healthy?

Not "are they making money" — everyone looks at that. I mean the deeper stuff.

Like, what tells you a business is built to last vs. just holding on?

I keep thinking about this. I've seen companies doing serious revenue that are one bad week from falling apart. And smaller ones that just feel... solid. Everything works. Everyone knows their lane.

What's the difference? What are you actually looking at?

Is it whether the thing runs without the founder? Whether revenue is predictable? Whether people actually own outcomes vs. just having titles?

I don't think revenue alone tells you much. But I'm curious what you guys think.

What do you look at?

(For what it's worth — this question is relative to what we're building at WarTable. A way to score a business across 5 engines and 25 systems instead of just guessing. If that sounds interesting: https://wartable.ai/wbhi)

But mostly just want to hear how you guys think about this. Drop some comments below!

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Curious: How do you know if a business is actually healthy?