“Knowing what to act on” means recognizing and prioritizing the most impactful actions needed to achieve desired results, based on a clear understanding of goals, available resources, and potential obstacles.
Primary Implication
If you can’t identify the actions that need to start, change, or stop to produce superior profits and protect cash flow, it’s as if you are standing in front of a locked door.
Obtain the key to unlock the door to making more money by learning how to recognize what to act on when.
Overview
The key to making money in your business is to recognize what to act on to achieve your planned results. Follow the BUSINESS CPR system through each of the following steps given in order of importance to improve your business cash flow from higher profits.
Step 1—Increase the velocity of your operating cash flow today to fund your way into next week.
Step 2—Build your twenty-four-month profit plan to set your direction and guide your decisions.
Step 3—Confirm the quality of your profits to identify what you need to start, change, or stop, in your business.
Step 4—Stop the losses that keep your business at risk by quantifying your losses so you can quickly prioritize which issues to fix first.
Step 5—Be accountable for your results by taking action on the critical few things that matter.
Business CPR is the surest way to realize your sales, profit, and wealth creation goals. It is particularly helpful to those who can’t identify the actions they need to start, change, or stop to produce superior profits and protect cash flow.