Stompernet F5 - The secret formula 1. Compounding. 2. Work each of the 5 doing ONE thing at a time. 3. Doing something incremental; not brilliantly, but consistency. 4. No perfection, just execution (you don’t have time, just get it done). 5. Ccontinue cycling small changes.
There are different formulas to attack the different things to improve.
Increase the value of your product, to increase the price tag.
You need money to reinvest in your business, or your competition will outmarket you easily and can take you out of business.
You need then, to increase your margins to reinvest them into business development.
Here is how it works, and it works every single time:
Increase the value of the product, increases the ROI of your customers, allows you to increase the pricing and that provides better margins.
You can forget about being tight or asking for loans… your business will have the chashflow to sustain and grow by itself. The reinvestment in business development will give it what it needs to grow.