Common Questions | Profit Is The New Black

[wpex more=”What’s the MAIN reasons a business fails? ▾” less=”What’s the MAIN reasons a business fails? ▴”]

Quite simply, it’s lack of planning. Which leads to lack of proper execution. Which ultimately leads to crashing and burning.

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[wpex more=”Do I have to be good at math? Or like it? ▾” less=”Do I have to be good at math? Or like it? ▴”]

Absolutely not! Being great at math can be a bonus at times in business, but the most important qualities in creating and utilizing a great Profit Game Plan are awareness and vigilance to what’s really going on and the persistence to stick to your guns.

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[wpex more=”Who should control my pricing? Maybe my customers or competitors? ▾” less=”Who should control my pricing? Maybe my customers or competitors? ▴”]

No – YOU should control your pricing! There’s no reason to let others determine your worth or assign a value to you.

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[wpex more=”Why don’t people create and/or follow a business plan? ▾” less=”Why don’t people create and/or follow a business plan? ▴”]

It’s hard to say for sure. Generally, this likely comes down to just plain laziness or, best-case scenario, fear or lack of knowledge. But if you don’t take a long, hard look at at planning your success, you aren’t very likely to achieve it.

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[wpex more=”What’s the point of setting goals? ▾” less=”What’s the point of setting goals? ▴”]

Research shows only 3 percent of Americans set goals consistently and, not surprisingly, these folks are among the nation’s wealthiest. And even setting goals really isn’t enough if you don’t nail down a plan for reaching them.

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[wpex more=”What can I do to create consistent profits in my business? ▾” less=”What can I do to create consistent profits in my business? ▴”]

Consistent profits are the result of consistent action. But first, you have to know two things:

Exactly what results you want to create in your business. (In other words, how much profit do you want to generate)
The best actions you need to take to get the result you want in the shortest amount of time with the least amount of effort

Clarity + Laser Focus + Massive Action = MEGA Profits

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