In this slideshow Georgette Rowland Osborne outlines the path from profit to fulfilling your dreams and danger signals to look out for in your business and your personal life that are affected by lack of profit

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2. By Georgette Rowland Osborne
http://www.financialgymforbusiness.com
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3. • Your average Employee lives from payslip
to payslip
• The self-employed and small businesses
live from invoice to invoice
• Your average 6 and 7 figure business
lives from launch to launch
• What they all have in common is that in
between those times.......
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4. ...most
of them are
BROKE!!
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5. Hierarchy of Achievement
DREAMS
(inspire & are free)
↓
VISION (inspire & are free)
↓
GOALS (are what change your life)
↓
NEXT ACTION STEPS &
PRIORITIES (cost & require action)
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6. Dream
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7. Vision
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8. Goals
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9. Next Action Steps
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10. What does Your story look like?
Your DREAMS (???)
↓
Your VISION (???)
↓
Your GOALS
↓
(???)
Your NEXT ACTION STEPS &
PRIORITIES (???)
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11. It matters because
How you perceive the importance
of being profitable in your
business will directly affect
the kind of life you end up
with.
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12. Your Dreams
• When you started your business,
what type of life did you dream
of building?
• Are you there yet?
• Can clearly see how you are
going to get there
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13. Do You Have a Real Business?
The only measurement, metric or
analytic that validates your
business is
PROFIT
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14. Danger Signals in Your
Business
You cannot predict, with a
certain degree of
accuracy, what your sales
and your expenses are going
to be in the next 3 to 6
months
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15. Danger Signals in Your
Business
You can predict the money
coming in - but it is not
enough to comfortably cover
your expenses
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16. Danger Signals in Your
Business
Your sales have stayed the
same for a considerable
period of time
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17. Danger Signals in Your
Business
If you lost a customer would
it seriously jeopardise your
finances
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18. Danger Signals in Your
Business
You have only one way of
earning revenue and it
relies on referrals
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19. Danger Signals in Your
Business
You have multiple streams of
income to make you feel
better but few really move
the needle
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20. Danger Signals in Your
Business
You have no proven strategy
in place to increase your
sales a desire to make more
money
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21. Danger Signals in Your
Business
You take longer to pay your
suppliers than you would
like, or in dribs & drabs so
you can hang onto money
longer
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22. Danger Signals in Your Life
You imagined working for
yourself would give you more
time to spend with your
family
Instead you see less of them
– and when you are with them
you don’t mentally unplug.
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23. Danger Signals in Your Life
You keep your nearest and
dearest on a need to know
basis, because you are
scared when they express
doubts about what you are
doing, that they may well be
right.
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24. Danger Signals in Your Life
You imagined working for
yourself would give you more
time to spend with your
family, but instead you see
less of them – and when you
are with them you don’t
mentally unplug.
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25. Danger Signals in Your Life
Your overriding emotion used
to be excitement about your
unknown future; but now it’s
fear
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26. Danger Signals in Your Life
Years after working for
yourself, you have made
great
relationships, attended lots
of courses, but when you
break it down your business
has pretty much stayed the
same
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27. Danger Signals in Your Life
Your business owes you
money, but you cannot see
how or when it will pay you
back
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28. Take away the
uncertainty by creating
a Steady Pipeline of
Sales
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29. What is your Profit
Goal /Target
for the next year?
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30. Work out where you
are now financially
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31. And then where you
need to be by
DD/MM/YYY
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32. Decide on what things
you plan to do to
achieve this
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33. Identify the weakness in your
sales pipeline? (Reverse Engineer)
• Client fulfilment / Operations
• Your product / service offering
• Lead conversion / sales process
• Lead generation
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34. Pick One Area to Focus
on
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35. Pick a method of
measuring your success
rate as you go
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36. What specific next
steps do you need to
take now to make this a
reality?
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37. Work on them
continuously until you
consistently generate
sales
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38. Watch your profits go
up and up
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40. By Georgette Rowland Osborne
Visit: http://www.financialgymforbusiness.com
For more free tips, give-aways,
free video training
and other resources
to help you take control of your finances
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