Recently, I was in a Facebook group where someone posted something about 6 and 7-figure businesses and all the hype people use around that in their marketing. This person talked about how they asked somebody about the profit margin in their business only to learn that their 6- or 7-figure business had a profit margin …
Alright, let’s talk a little bit about trading hours for dollars. When did trading hours for dollars all of a sudden become so taboo? It’s like people think that working one on one with your customers is a bad thing. “Oh my God! I’m doing too many hours for dollars!” Can you imagine if every …
Why You Need to Consider Hours for Dollars as Part of Your Strategy Read More »
I recall when I was working for a start-up telecommunications company leading a retail team. We didn’t have any reporting setup in order to see what was happening in the business and my boss gave the task of setting this up to me. She said… “We need reporting on ALL of this!” The moment is clear in …
7 Critical Things You MUST Know About Your Business Read More »
You may be thinking this article might not apply to you but the truth is, selling your business or having it go belly up is a reality for many business owners. Why is it that some people are successful in selling their businesses while others just close up shop and walk away leaving their equity …
How To Exit Your Business Gracefully and Profitably Read More »
Do you ever wonder why you struggle to make your sales targets? Or are you just plain struggling to make ends meet in your business? I’ve been there and I’ve realized it comes down to 7 key things you aren’t doing. If you start doing just one of these things, I know you will see …
Bartering is bad for business. I will even go as far to say that bartering only works when your business has no money and then it becomes a self-fulfilling prophecy. You exchange service for no money and thus the cycle of free or no money continues. I wrote about Why Free is Too Expensive years …
She said “I don’t know, my accountant hasn’t done my books in the last couple of years.” The sad thing is, she is not the only person who said this to me which tells me that you might have the same problem. You too might not be measuring the right thing in your business and …
Shop Talk – Three Things You Should Measure to Make Money in Business Read More »
Do you look at successful entrepreneurs and business owners and think to yourself, “Wow, he or she is really lucky.“? The truth is, luck has nothing to do with it. There are many keys to success but the most important are hard work and self discipline. With enough of those two things, you can be …
She said… “We need reporting on all of this!” The moment is clear in my mind because it brought up two very different emotions for me. I was working for a start-up telecommunications company, leading a retail team and we did not have any reporting set up in order to see what was going on …
The most important number for you to wrap your head around in business is your conversion rate because it is the key to accelerating your growth. (This is a bit of a sneak peek at the types things I will touch on during the Free Webinar on Saturday, June 22nd) If you ever wondered why …
Do You Make Numbers Harder Than They Need to Be? Read More »
