Profit isn't a dirty word. It's the applause you get for a job well done in business. At its core, profit is the lifeblood of business. It's what keeps companies not just surviving, but truly thriving. So, why exactly is profit so imperative? Picture this: you're at the helm of an ambitious, rapidly growing business. You've got ideas, vision, the works. But without the backup of solid profitability, that growth remains a distant dream. Profit is your opportunity for expansion. Secondly, consider the rough seas of the business world. Profit is your lifeboat. In times of turbulence, it provides stability, ensuring survival where others without it might sink. Finally, profit is your victory flag. It's the most tangible measure of success, signalling effective operations and sharp business acumen. So, let's change the conversation around profit. It's not just numbers. It's resilience, innovation, success. The next time someone questions profit, remember this: it's not just about the figures. It's the standing ovation to your businesses performance ??
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You've created this amazing business, with clients and money flowing, yet you want more. It's been tough, because it has been your pride and joy, baby from birth. You've done amazingly, so let's just recognise that for a moment. But you know there is more. It has so much more possibility. For you. For the impact you can make. But you are maxed out. So the logical next step is bringing in help. Expanding. However, this requires letting go of the microscopic control you love so dearly. This requires allowing others to not just support but also to do some of the things you do so well. And this feels anxious. Because what if they don’t get it like you do? What if they are not as skilled? What if this investment goes wrong? What can we do? We can create a smooth plan of transition for growth from solo to “CEO” A plan that will feel easy, and balanced. Any growing pains will be nurtured and celebrated through. Are you ready? From Solo to CEO - start here. #inspireactionsuccess
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If you’re gonna bust open a door with your shoulder, you back up first and get a running start. Somebody who doesn’t realize what you’re doing will judge you for going backwards for no reason. This is a metaphor for launching your business and the importance of investing in yourself.
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MANAGING A BUSINESS Look at the bees. There are10 rolls for bees in a hive. Everyone is important and has a job to do. If one group fails, the whole hive is in jeopardy. Business is the same. Every employee is important and has a job to do. A car without tires isn't going anywhere. Model your business-like a hive. Your biggest asset is your people. Value them and they will take care of you.
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The right tools can change the game As entrepreneurs, we often underestimate the power of having the right tools at the right time. Whether it’s a platform that streamlines processes or software that simplifies the complex, the tools we choose don’t just support us—they give us a competitive edge. I recently faced a tricky integration between two platforms, and after hours of trial and error, the solution came down to one simple tool. The difference it made? Night and day. Having the right resources isn’t just a productivity boost; it’s what separates good from great. So here’s a question for you: ?? What’s one tool that’s been a game-changer in your work? Let’s share insights and learn from each other.
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Harsh truth: This one's important... Every automotive business has untapped potential. (This is why smart funding can be a game-changer) ???? ??????'???? ?????? ???????????? ?????? ???????????? ?????? ????????????... → Consider business funding. ???? ??????'???? ?????????????? ?????? ?????? ???? ???????? ???? ??????'?? ????????... → Consider business funding. ?????????????? ????????????????? → Consider business funding. Funding doesn’t just provide capital... It opens doors. ?? By leveraging funding, You don’t just expand, you innovate. Your business can reach new heights. ↓ Funding transforms potential into reality: ? It supports technological upgrades.? ? It boosts marketing efforts. ? It enhances operational efficiency. ? ?????????????? ???????????? ????????????????. This is the essence of strategic investment. It's not just about more money. ????'?? ?????????? ???????????????? ???????? ????????????. Remember, every dollar wisely invested is a step toward greater success. ?????????????? ???????? ???????? ???? ?????? ???????????? ???? ???????? ???????????????? ????????????. ?? ?????? ??????: ?????????????? ???????????? ???????????????? ?????? ?????????????? ????????????.
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Enterprise…. /??nt?pr??z/ A project or undertaking, especially A bold or complex one. Enterprise refers to For-Profit Businesses that produce goods or services and are run by an entrepreneur. ?? An Enterprise is engaged in trading goods,services or both to its customers. And, it has certain resources called “Inputs” that helps it achieve it objective. And, products generated from those Inputs are called “OutPuts”. An enterprise is best compared to A long journey with many difficulties and obstacles along the way, only few of those who started it are capable of finishing it. ? Want to know more ?? Stay Tuned ?
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?? Laying the Foundation for Growth & Expansion Exciting discussions today with Ashil & Associates as we take strategic steps to strengthen our venture's legal and financial framework. From structuring new entities to optimizing investment strategies, every decision we make today is a step toward sustainable growth and global opportunities. Navigating the complexities of incorporation, compliance, and investments is crucial for long-term success. Grateful for the insights and expertise that are helping us shape the future. Onward and upward! ??? ?? Entrepreneurs and investors—what’s one key lesson you’ve learned about setting up for scalability? Let’s exchange insights! ??
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Day 6 of 30 DAYS INSIGHTS FOR BUSINESS SUCCESS In July 2021 I closed down my grocery shop, sold off all good. I invested the money in another business venture: distributorship of Friska baby cereal(a new baby food that had just come into the market at that time) Let's just say that wasn't s very good move. § Embarrassment about failure and mistakes has no place in business, where the bottom line always speaks the truth. If you do not own up to your mistakes and become cognizant of them, your entire enterprise will suffer as a result. Keep this in mind: "any business that is NOT on top of correcting mistakes made will soon have to deal with large-scale failure." After my attempt at distributorship failed. I got up, dusted my bum and went into another business. Ohakah Okechukwu Eke MNIM
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Your business brain still thinks like a caveman. That's actually a good thing. Here's what I learned about decision-making after winning ALONE in the Canadian wilderness: Survival instincts aren't outdated. They're as relevant as ever. In the wild: ? Every decision = calories spent vs calories gained ? Calories are the money of Nature ? Mistakes can be fatal Sound familiar? That's because modern business runs on the same ancient code… 1. Resource Management Wild: Can I amass enough calories to survive the winter months? Business: Do I have enough of a runway to spend on this project? 2. Survival Priorities? Wild: Shelter, water, fire, food Business: Cashflow, customer, team, strategy 3. Gut Instinct Wild: Something feels wrong about this cave Business: Something feels off about this deal 4. Preparation for the uncertain Wild: I might get a storm for the next 7 days Business: What's our strategy for a black swan event? Your primitive brain isn't your weakness. It's your early warning system. Your built-in risk calculator. Your survival advantage. Don’t fight it. Listen to it. Because in business, like in survival: The ones who thrive aren't the strongest. They're the ones who read the situation best. Thank you for your time, now I must be off to trust my gut about a new venture.
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