Today’s exercise: Consider yourself a business: Me INC.
Consider yourself a business(Me INC) with 1 employee and resulting Revenue, Expenses, Cash flow, training needs, Customers etc. Use your current personal information to fill in the information.
For a Company to thrive it must know what business it’s in.
What Product or service are you bringing to the world?
How valuable is the offering? There is an old saying about the amount of money your time is worth to the world, it will always be dependent on how easy you are to replace.
To replace someone sweeping a floor, you hand the broom over to another person but for other endeavors its much harder. Think of your favorite musical artists and the pleasure they have brought to your life – how easy is it to replace them? How much money did society gift them with for their talent?
Doctors in our lives require 11 to 15 years of post High School education and training, and their incomes follow the rule
Take a quick inventory of your abilities.
Start working on the Vision and Mission statements for your company. List the Obstacles and Opportunities you see today. Then finally work on a Strategy and the required Actions necessary to make Me INC. irreplaceable.
What can you start today that will make your Company more valuable to your customers? Your employer may be your biggest revenue generating Customer but don’t forget your family relationships as well. Some of the most powerful forms of payment are not monetary.