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Would it surprise you if I said the more breakdowns, the better? A breakdown is something that prevents a result you want to happen from occurring. The more breakdowns you manage well, the more successes and breakthroughs you will experience – and the more you will grow. Larger companies have …
“There are only two ways to make money: increase sales and decrease costs.” – Fred DeLuca The basic law of business is thou shalt make profit. If you violate that law, you will ultimately lose the right to be in business. The intentions you create for your business sets your …
WholeLife Matrix: Financial Viability – Marketing / Sales “Chase the vision, not the money, the money will end up following you.” —Tony Hsieh, Zappos CEO” Starting a new business is an exciting time. But as the business unfolds, business owners can face a variety of challenges. By knowing how to …
WholeLife Matrix: Financial Viability – Profitability – Weekly Meetings “Make meetings work.” ― Zoho.com How can you make sure that you get the most out of a conference call? It is often easy to get distracted during a conference call because we don’t see the people we are speaking with face …
WholeLife Matrix: Financial Viability – Profitability/Finances “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” — Colin Powel Starting a new business is exciting, challenging, and a new learning opportunity and experience that’s unlike any other. But making the right …
Matrix Key: Financial Viability – Profitability – Measuring the Projections “It is often said that there are two types of forecasts, lucky or wrong.” – Unknown Even the best business projections and forecasts are meaningless unless you compare them to your actual performance. One of the most important facets of …
Matrix Key: Financial Viability – Profitability – Projections and Plans “Cash Is King.” Few components of the WholeLife Matrix carry as much weight as profitability. For many people, profit has negative connotations. But without profit, you don’t have a business. Cash flow forecasting is essential to the success of …
Matrix Key: Financial Viability – Profitability – Projections and Plans “Failure to plan is planning to fail.” – Unknown We’ve devoted a major quadrant of the WholeLife Matrix to the practice of Projections and Plans. Most good entrepreneurs know that planning is essential to success. It’s easy to let …
Matrix Key: Financial Viability – Profitability – Accounting System “The company accountant is shy and retiring. He’s shy a quarter of a million dollars. That’s why he’s retiring.” – Milton Berle There’s a good reason that the cornerstone of the WholeLife Matrix is having a Good Accounting System. The accounting …
Matrix Key: Financial Viability – Profitability – Estimating and Pricing “And when is there time to remember, to sift, to weigh, to estimate, to total?” – Tillie Olsen Within the Financial Viability quadrant of the WholeLife Matrix we have included a section on the importance of an Estimating and Pricing …
