How to Identify Your Goals for Success!
How to Identify Your Goals for Success!
* Would you like to be more successful?
* Would you like to improve the net profit for your company?
* Would you like to increase the opportunities for/with your company?
* Do you need help to achieve more success, raise the `Bottom-line` and increase the opportunities with/for your company?
-->>> Right then, you are at the right place for us to share with you how to -
Prepare for Your Journey to Success with my tips on - `Raise the Bottom-line for `Your` Success`
* Remember: Success is a Journey - Not a Destination...
Now let us go on that journey `together`.
Maximise Profits the Ultimate Aim
Sales are only `one` barometer for success. Your ultimate goal is to increase profits in order to achieve the greatest possible return on your investment of money, time, and energy. Every customer, activity, product, or service yields a specific profit of a specific amount. In some cases, you may actually be losing money in one or more of these three areas. One of the most important things you can do for your growing business is to determine where to focus the investment of your time and money based on the return thrown off by this investment. Every job/every customer should be measured by `net profit return` and `positive cash flow` payments.
Personal Profitability
To truly analyse the profitability of your business, you must first examine your personal rate of return. From this personal perspective, what is your major expense? It's your time. By now, you should have developed the habit of continually asking yourself this basic question: Would I pay someone else my hourly rate to perform this task? If not, you are failing to maximise the return on your time. In other words, you are investing your time in an area that yields less than the optimum rate of return. You are incurring a "loss of opportunity" cost. This, in turn, affects the overall profitability of your business. This method also is how to measure personal profitability for every employee.
