In this video tip I share on the white board the formula on how to double, triple or maybe quadruple your revenues in the next 12 months.
L = Leads
C = Customers
M = Margins
F = Frequency
Focus on optimizing each one of these areas and you will double your revenues in 12 months.
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Here is the formula for doubling YOUR revenues in the next 12 months…
L x C x M x F = Growth Potential
Here’s the legend…
It looks like this…
Leads x Customers x Margin x Frequency = Growth Potential
Doubling any of the variables above (leads, customers, margin, frequency of purchase) will double your revenues.
Double them all and you will 16X your business. Can you double them all? Doubtful.
Can you double one of them? Two of them? Even 3 of them?
In other words, there are 4 levers you have available to double your revenues in 12 months…
Work on optimization of everyone one of these areas and you are virtually guaranteed to double your revenues. To get more info on marketing please check out Angel Money Marketing LIVE
Have you ever heard the saying “Do what you love and you’ll never work a day in your life?” It’s a secret that people who are passionate about their work have come to understand.
Many struggle to know what it is they are truly passionate about, let alone how to make an income doing it.
Unfortunately, passion isn’t something we traditionally see in the everyday office workplace. Individuality is discouraged in most corporate environments. People who are especially “eccentric” tend to wither in that world and eventually fade out.
But what if eccentric is just another way to say “being yourself”? Because we all have little eccentricities, somewhere, and we exude the most fun and passion when we let our freak flag fly. In eccentricity often lies innovation, vision and creativity — all things that are incredibly valuable.
At some point in elementary school it becomes no longer “cool” to show too much excitement. The kids who maintain their exuberance beyond the age of 8 or so tend to be ostracized and shunned. At such an early age we internalize that our passion needs to be watered down so we can fit in.
In today’s ever changing job market, it is actually imperative that you stand out — not fit in. This is why your passion, if it has died out, must be reignited. So that you can be outstanding.
Here is where the work begins. First let’s address how you can relocate your passion if you have lost it.
As we grow up we tend to forget what we lost ourselves in as kids. What were the things that lit you up and you could spend hours immersed in? For me, one of those things was basketball. Maybe you loved climbing trees or making up songs or playing video games with your friends. Maybe it was art or music or writing stories in your bedroom.
Try to remember what it was that made you happiest. If childhood doesn’t offer any answers, try digging into the most recent memory of your happiest moments. Name that thing that you love.
This is important. Especially if it has been a long time. You owe it to yourself and to the world to bring your passion back into your life.
Start with one day a week. Maybe a dance class, or get back to the gym for a pickup game.See how it feels. See how you shift. Take that passion with you into the next day and see how you can bring it into the world by sharing the good with others.
Maybe you smile more. Maybe your work is more creative.
Passion comes from within. That’s why it can be so elusive, because we start waiting for the world to bring passion to us rather than cultivating it ourselves.
We are passive, waiting to be entertained. We seem to have forgotten that we are the ones who are in charge of hosting the parties and creating experiences in our lives. Unless you bring something to the table, who would want to invite you to theirs?
So by doing what you are passionate about consistently, you will remember how to exercise your passion muscles.
Maybe you don’t have the ability to do the things you once loved due to injury or other limitations. This doesn’t mean you give up on passion, it means you get to start exploring. You really never know what activities or pursuits may captivate you once you engage in them.
Ultimately, it is up to you to generate the passion that will inspire others and the world. When you master that, you will see your self worth increase and therefore your net worth.
http://www.angelnetwork.com – In this tip of the day I explain that by doing more due diligence your returns increase dramatically.
Angel Investors Network is always trying to improve the returns on investments made within the network and by doing more due diligence this has proven to be a key factor.