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Casual Articles - The Blindfolded Football Player's Method to Understanding Finances
We all know that curb appeal is important to attract prospective buyers and renters to your property. But what one typically thinks of as being effective curb appeal may no longer be as valuable.Traditionally, in order to create the most marketable curb appeal was to have the landscaping and inte
Exactly the same principle works for your business.
If you don't know exactly
One thing a lot of us don't do in sales is take time out to analyse things.How are we doing it? Why are we doing it? Can we do it better?Taking time out to assess your management style is one of the most fundemental tasks a person can do. We are not just talking about managin
And that's ok - as long as you remember a few vital things!
Take a world class football player (or any sport you prefer). Someone who is at the top of his or her game.
Now take them aside, blindfold them - and send them back on the field.
What happens?
Well, very little really!
How long do you think they will stay "world class" whilst they are blindfolded?
Not long at all! Why? Because it is totally impossible trying to play when you can't see the ball.
Exactly the same principle works for your business.
If you don't know exactly
Sales Recruiting is an important element in building a successful company. Without a solid sales team to spread the word and secure orders, companies are facing an uphill battle.If you're in the market to hire a new salesperson or wondering why the salespeople you've hired in the past aren't prod
Take a world class football player (or any sport you prefer). Someone who is at the top of his or her game.
Now take them aside, blindfold them - and send them back on the field.
What happens?
Well, very little really!
How long do you think they will stay "world class" whilst they are blindfolded?
Not long at all! Why? Because it is totally impossible trying to play when you can't see the ball.
Exactly the same principle works for your business.
If you don't know exactly
DEVELOPING LESSON PLANS: In developing lesson plan formats, two things are paramount: extraordinarily careful documentation and room left for possible changes. Sloppy accounting of the direction your class will be going is worse than none. And documentation that doesn’t have leeway for change is almost
What happens?
Well, very little really!
How long do you think they will stay "world class" whilst they are blindfolded?
Not long at all! Why? Because it is totally impossible trying to play when you can't see the ball.
Exactly the same principle works for your business.
If you don't know exactly
Business spending on coaching will exceed $1 billion this year. Although once considered a perk reserved exclusively for senior executives at multinational corporations, today coaches are just as likely to be found at entrepreneurial start-ups and small businesses. Still, confusion exists about exactly
Not long at all! Why? Because it is totally impossible trying to play when you can't see the ball.
Exactly the same principle works for your business.
If you don't know exactly
In our last installment on medical billing, we presented an overview of G records, which are certificates of necessity that need to be transmitted to the payer for certain types of services to prove that the need for the patient was there. In this installment we will begin detail discussions of each CM
Exactly the same principle works for your business.
If you don't know exactly where you are standing in relationship to your finances, your cash flows. Well - then you are in effect blindfolded.
And when you're blindfolded, you can't play!
So how do you take the blindfold off?
Really simple - here are the steps:
1) Get on-line banking so that you can have immediate access to your bank account and your bank balance at any given time.
2) On a WEEKLY basis, complete a spreadsheet as follows: At the top - put the closing bank balance from last week. Plus deposits into your
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