How to add 10% more in profit by changing just 1%?
A powerful concept where a 1% increase in sales, a 1% increase in pricing, a 1% decrease in COGS, and a 1% decrease in expenses does not = 4%. The result is double-digit to your bottom line- 20% plus!
And even more importantly, that growth happened without requiring much effort.
…it starts with some simple maths.
That’s why the best businesses succeed…they take what works, they plug it into their businesses and they ‘plus it’ over and over…improving each component by 1% time and time again. And when it’s all said and done you have a business that has maybe 20 different components which are each 10-20% better (at minimum) than the competition. But because of the compound effect, this doesn’t make their business 10-20% better. Because every piece works synergistically with the others their improvement actually multiplies the improvement of the other areas.
It’s the difference between 100 clients and 400. The difference between $150,000 a year and $750,000.
So that’s it. Your ‘all too simple’ way to build a powerhouse business. To put it into action and reap the same rewards that the industry’s best business has reaped.
Try for yourself and see what you can do with just sharpening the saw by 1%.
Are you practicing the power of 1%?