Everything productive and profitable is run on a system. This is something which I acquired from Bill Glazer when I spoke in an event for him years back that changed my life. He taught me the 3 business lessons you should learn from McDonalds. McDonalds? Yes. Everything at Mickey D's operates on a system from how long they cook the fries to which ads go out to what time the doors are open. I mean that is all within the system. I believe you even go to Hamburger University if you work there if I am not mistaken. It is all based on a system.
Thus, for the business to be productive, you have to start mapping out the systems to get things done fast. Knowing me, I am all about speed as well as implementation. By speed, I don't mean the drug! When you have a system, you could be so much more productive with your business. Search for systems; buy systems; put your employees on systems. Then, you can make more income because you will have more time and less waste of products, resources, as well as time.
Another tip is generating multiple income streams which are very valuable. In addition, how does McDonalds manage multiple income streams? This is a small side note. Anyone know how McDonalds, the core of their money or where it comes from is real estate. Are you aware, they're a real estate company? It's not their Happy Meals. You have got to sell a a lot of Happy Meals to produce a million bucks, so McDonald's is also a real estate company.
Therefore, what else can your organization do in order to get multiple income streams? Can you sell or own another side business? Can you determine more than one way to generate income to your business? If you fail to determine this by yourself, then begin seeking a mentor right away who understands this stuff like I do! I understand that my clients appreciate it when I am able to see the path for multiple streams of income for them, so figure it out for yourself or employ someone to assist you!
Let me ask you this, and I hope you do not know the answer. Whenever you enter the store at McDonald's restaurant, what is one thing you can never find? The proprietor. But who makes all the money? Must the owner be there sweeping floors? No, he is not there, and no he shouldn't be there. Exactly why are you at the business in the evening? So why are you sweeping the floors at night? So why are you not thinking just like an owner of your company? Think about that.
The proprietor is one thing you can't ever find other than sponges in the bathroom. Why? Because if the owner is not there doing that things, the owner can get someone to accomplish that for 10 bucks or 15 bucks an hour. But who makes all of the money? The owner. Therefore, begin taking these 3 things into consideration. Get on a systemized program, figure out multiple streams of income, and quit doing stuff that you can employ someone for less money to complete these things for you, so that you are free to work on the more profitable part of the business! These are the three things that changed my life when I learned this stuff years ago.
Thus, for the business to be productive, you have to start mapping out the systems to get things done fast. Knowing me, I am all about speed as well as implementation. By speed, I don't mean the drug! When you have a system, you could be so much more productive with your business. Search for systems; buy systems; put your employees on systems. Then, you can make more income because you will have more time and less waste of products, resources, as well as time.
Another tip is generating multiple income streams which are very valuable. In addition, how does McDonalds manage multiple income streams? This is a small side note. Anyone know how McDonalds, the core of their money or where it comes from is real estate. Are you aware, they're a real estate company? It's not their Happy Meals. You have got to sell a a lot of Happy Meals to produce a million bucks, so McDonald's is also a real estate company.
Therefore, what else can your organization do in order to get multiple income streams? Can you sell or own another side business? Can you determine more than one way to generate income to your business? If you fail to determine this by yourself, then begin seeking a mentor right away who understands this stuff like I do! I understand that my clients appreciate it when I am able to see the path for multiple streams of income for them, so figure it out for yourself or employ someone to assist you!
Let me ask you this, and I hope you do not know the answer. Whenever you enter the store at McDonald's restaurant, what is one thing you can never find? The proprietor. But who makes all the money? Must the owner be there sweeping floors? No, he is not there, and no he shouldn't be there. Exactly why are you at the business in the evening? So why are you sweeping the floors at night? So why are you not thinking just like an owner of your company? Think about that.
The proprietor is one thing you can't ever find other than sponges in the bathroom. Why? Because if the owner is not there doing that things, the owner can get someone to accomplish that for 10 bucks or 15 bucks an hour. But who makes all of the money? The owner. Therefore, begin taking these 3 things into consideration. Get on a systemized program, figure out multiple streams of income, and quit doing stuff that you can employ someone for less money to complete these things for you, so that you are free to work on the more profitable part of the business! These are the three things that changed my life when I learned this stuff years ago.
About the Author:
James Malinchak, Featured on ABC's Hit TV Program Secret Millionaire, is regarded as by a lot of specialists as the World's #1 Big Money Speaker Coach and Trainer. For Free of charge Video Trainings concerning how to get money to speak and how to turn into a motivational speaker, try company website and learn more.
No comments:
Post a Comment