Dec 22 2009
The Numbers Will Set You Free
This past year has been one of great challenge to most of us and we’re all looking forward to turning the page at year end. But do you really know what to focus on?
Whenever faced with a difficult situation and needing to get my bearings I think back to a piece of advice given to me by a CEO friend. Jim was the Chief Financial Officer of his company before assuming the top spot and always said – “The numbers will set you free…”
Most, if not all challenges in business can be solved with revenue. Need to buy a new piece of equipment to compete? Need to branch out into a new territory? Need to launch a new venture? Need to dig out of a financial hole?
The answer to each of those questions is money and money when applied to paper becomes a number.
Therefore the key is to sit down in front of whatever spreadsheet software you have and break your challenge down into numbers. In my case, I’ve often discovered that the enormous problem I was facing would be easily taken care of by acquiring one new client.
It not only relieves the pressure, but let’s you know what to focus on and how to win.
Dwain – The Biker Guy
As always – This is my opinion and I look forward to yours. So, if you disagree or simply want to pile on, please do so either here on the BLOG or email me directly at Navigator@BikersGuidetoBusiness.Com I look forward to hearing from you.
Stumble it!
Good call Dwain. I find the same thing as I’m beginning to figure out how to venture out on my own. The Numbers can set you free! For some of us though, the numbers are the most daunting part. I know I, for one, often get overwhelmed with the sheer quantity of numbers that can be looked at, and it can be quite overwhelming.
Any advice as to where to go, or what to do, if you get stuck looking at numbers?