//The 3 Most Important Numbers For Success In Business – Know Your Numbers

The 3 Most Important Numbers For Success In Business – Know Your Numbers

By |2016-11-16T16:59:30+00:00November 16th, 2016|Categories: Blog|Comments Off on The 3 Most Important Numbers For Success In Business – Know Your Numbers

Every Sunday, your local Church asks for 10% of your income to build the kingdom of God.

Maybe you pay the 10% or maybe you don’t.

Maybe you got Church, maybe you don’t.

Some people look at this practice of asking for money as dirty, because they think that asking for money is dirty in general.

Some people look at this practice as fair, the church provides a service and service must be paid.

Some people look at this practice as sacred, you must tithe to push energy out to the universe and bring blessings back to you.

I used to have a friend that would say “When you give 10% to the church it’s good because you have to look at your finances long enough to figure out what 10% is!”

It may seem like common sense, but common sense is uncommon.

One of the foundations of success in business and in life is “knowing your numbers.”

How much do you earn every month? Every year?

How many hours a week do you work to earn that pay?

What are your costs of living?

What are your expenses?

If you run a business, the numbers get exponentially more complex:

1) What does it cost to acquire a lead?
2) What does it cost to acquire a customer?
3) What does it cost to produce your product?

If you ever watch the show Shark Tank or Dragon’s Den on TV, most business owners and entrepreneurs cannot answer the above questions and do not know their numbers.

Often the difference between getting a deal and not getting a deal is simply knowing the numbers inside and out.

If you know your numbers you know your business, if you don’t know your numbers, then it’s time to figure them out!

Respect The Grind,
Stefan Aarnio