Do you really know what your business is worth? One of the sayings I really like is, the value of your business is what someone else is willing to pay for it. There are six pieces to knowing how to value your business or for that matter, any business, because these six pieces will be just as valuable if you're trying to buy a business, as well as you're thinking about transferring your own business. And that's what we're going to cover in … [Read more...]
Gain That Cash You Need With Those Four Areas Of Profit
The amount of cash you need is probably a lot more than you ever thought and there’s a good chance you don’t know what kind of profits you need so you have enough cash in your business and your life. That's why we’re going to talk about the four areas of profit, what they are, and why you need them. Transcript If I was to ask you if you'd like to have more profits in your business, I can almost guarantee your answer would be a … [Read more...]
6 Crucial Things About Value Every B2B Service Provider Must Know
I've been wondered why is it that most service providers never really think or talk about what the value of their product service is. Now I mean the value, not the value to them, but the value to us. I also find that most of the time, suppliers rarely talk about what's known as the total cost of ownership. That's what the topic of today's video is going to be. Transcript I bet there have been times in your business life where you've … [Read more...]
Cash Is King! But Profits Are Not Cash…
How much money does your company have available right now? That’s a question your cash flow statement can answer, but the first time you look at your cash flow statement, there's a really good chance, I mean a really good chance you're gonna be really confused. One of the very worst mistakes you want to avoid is confusing profit and cash. Today's video will help you understand it in just ten minutes. Watch it right now. Transcript One … [Read more...]
3 Dangerous Traps Business Owners Need To Avoid
Are you aware of traps that can cause you real pain down the road if your financial plan isn't done properly? I am sure you don't want to get to the end of your business life and then realize you really don't have enough money after all. So, do yourself a favor and listen what I find all the time when I watch other financial planners work with private business owners. Transcript You've heard me talk about the need for you to have a … [Read more...]
Are You Ready When Disaster Strikes?
Have you ever consider what will happen when the phone rings one day, and the person on the other end of that phone tell you some news that you really don't wanna hear? That news is something you never wanna deal with, but what if I told you that some simple changes and some advanced planning will help you deal with any phone call you're going to get and help you not have a disaster which would normally come your way with that phone … [Read more...]
Clarity Is Power That You Need To Become Financially Free
The first stage in the success path of being financially free from your business is being honest with yourself about where you stand. Today's video is going to help you understand why being clear about where you are might be the most important step you can take and helping you become financially free from your business, even though it's the first step. Transcript The first stage in the success path of being financially free from your … [Read more...]
Those 2 Zones Of Success Will Lead You To Financial Freedom
I'm sure that you would agree that working on the right thing in your business is often the difference between success and failure. And in today's video, you will learn about two different skills every small business owner needs to focus on. If you do that, you'll be hitting the bulls-eye of success more often than you miss. How's that sound to you? Transcript Today we're going to talk about a term I recently heard at conference. … [Read more...]
Clockwork: How To Design Your Business To Run Itself?
This week’s video is about what entrepreneurs need to do to reclaim their time. It comes from Mike Michalowicz’s and my Facebook Live show which is always on Wednesday’s at 12 noon EDT. We'll be talking about Mike's new book and why it's so important for you to systematize your business. Especially small business. I can promise you two things. You'll have fun watching and you'll learn something useful you can use in your … [Read more...]
Work Life Balance Is A Joke…Go For Integration Instead
I don’t know about you, but I’m really sick of hearing the term work-life balance. Every time I hear it, I think about being punished for being passionate about my business. Open your mind to a different way of looking at your work - I call it work life integration - and it can lead you to being happier and stop feeling guilty about not having work balance in your life. Watch this short video to learn more about it. Transcript In … [Read more...]
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