May 19 – Are you profiting in the right way? When it comes to profits in your business, how are you achieving, allocating, and distributing them? Are you so focused on your profit and loss, or breaking even, that the numbers consume you? What about the profit realized by digging deeper into how you can be preferred over others in what you do? What about profiting from the experience and insights of others who have succeeded where you desire to be?
Your numbers are only telling you part of the story when it comes to truly profiting in your business. It is time to size up your operations by profit sizing in ways you hadn't considered.
Take an MM&I Moment to awaken your thinking to a more profitable approach to your business, your life, your opportunities, and potential. Do you know all the aspects that impact the value of what you offer beyond mere cost to deliver or produce? Do you know intimately your different segments of opportunity, what will most attract and retain them, and which are going to purchase your most profitable offerings again and again? Have you considered how geographic pockets uncover hidden money-making opportunities that others aren’t paying attention to or considering? Do you know how your time can be spent to bring you the greatest income generating, producing, sustaining, supporting, and enhancing potential? Your earning potential pales in comparison to your value-building potential, when you take your thinking beyond what you see and be curious beyond what you know.
Wide Awake Quote of the Week
“Many receive advice; only the wise profit from it.” – Harper Lee
Yours in dreaming WIDE awake,
P.S. I will be a guest instructor on behalf of Rowan Cabarrus Community College Small Business Center for a seminar entitled, "4 Critical Factors for Achieving Sustainable Growth and Profits" on June 10th between 3-5 p.m. This will be an in-person class, and space is limited to 12 people at their new Small Business Center. The link to register will be posting soon on their events page. CLICK HERE to register for this and other online and in-person seminars.