What's your GAME CHANGER?

What are one or more game-changer ideas for your business?

…things that if completed or implemented could change everything?

Think….dream…make a list….and leave nothing out because it’s “too big”.

Here’s my challenge to you – 

Pick one.  Make it a priority.

You have 90 days.

Get on it!

Task Switching is Expensive

Let’s experiment.  First, say the alphabet from A to J.  Notice how long it took.

Now count from 1 to 10.  Notice how long that took.

Now switch back and forth – A-1, B-2, all the way to J.

How long did that take?

If you focus and finish one thing at a time, you will get more done faster than if you go back and forth doing part of this task and part of that task….

It also takes less mental energy and feels good.

There is no such thing as multi-taking – only task switching; and there is a heavy productivity price to pay to do it.

One thing at a time.

 

A dollar in expense cost more than a dollar in sales.

BE = FC/GPM

If your fixed costs are $25,000 a month, and your gross profit margin is 40%, your monthly breakeven is $62,500 ($25,000/.4 = $62,500).  

What if you hired another employee in the office that made ($800 a week) $3,440 a month?  How much more do you have to sell and deliver and collect just to pay for that one employee each month?

Now what is your monthly break-even?

Breakeven = Fixed Cost / Gross Profit Margin

Your fixed costs are cost you’d have to pay even if you did not sell anything this month.

Your gross profit margin is the percentage of revenue you have leftover after you have paid all direct cost you incur BECAUSE you sold something.  For example materials, labor, packaging, etc.

What is your monthly breakeven?

Figure it out.

 

Only one person can do the leadership job.

As a leader, there are lots of things you can do in a day.  There are lots of jobs you could assume.  And because you have probably done many of those jobs, it’s easy for you to find yourself passing time doing them today.

But there is only one person who can do the leadership job – and that is the leader.

If you don’t do the other jobs, someone else can.  But if you don’t do the leadership job, nobody else will.

And that is going to hurt your organization because the business will never outperform the leader.

If you are the leader, you have to do the leadership job.