How will you know when your business is profitable enough?
How will you know when you’re attracting the right number of sales leads or new client enquiries?
How will you know when you have enough social networking contacts?
How will you know when you’re getting enough traffic from search engines?
How will you know when your newsletter, podcast or vlog has enough subscribers?
How will you know when your attrition rate (the volume of customers or clients you lose) is on target?
How will you know when you’re receiving enough referrals?
How will you know when you’re financially secure for life?
Put a number on it
In business, the numbers are essential. They allow us to measure our progress. They quickly let us see if we’re on track or off track. They show us if we’re being productive or just being busy. And they help us identify where we need to focus our resources.
If you have not done so already, I recommend you put a number on all the key areas of your business.
Then monitor those numbers.
It will help you move forward faster. It will help you avoid costly detours and it will also provide you with amazing clarity.