Friday, February 17, 2012

Earn More Spend Less

Our 2012 theme to Occupy Prosperity could be like a resolution to lose weight and fade to a faint memory a few weeks into the year. Resolutions usually fail because they focus on the end result rather than the action steps that can be influenced and predict the end result. Weight loss for example is assured if calories burnt regularly exceed calories consumed. Those two variables can be influenced by watching what we eat and how active we are. Together they very reliably predict weight loss or weight gain.

To Occupy Prosperity two fundamental variables that can be influenced and will predict the end result are earning and spending on both business and personal levels. For businesses payroll is usually the biggest expense and of course increasing sales is the quickest way to improve bottom line results. The two actually go hand in hand. We recently showed a company how they could increase gross profit from 1.5% to 7% by reassigning employees to roles where they were a better match to requirements of the job. With minimal investment their ROI was 1,500%! Optimizing sales by selecting the right people and using targeted individual development of existing employees the training scrap rate is reduced. For other positions reducing expenses of turnover, training, and low productivity can all be influenced by implementing a well-designed workforce development process.

On both a business and personal level we have found a vehicle that combines both expense reduction and income generation. Actually it was costing Peak Pathways NOT to be a member of Team National. Taking the concept of group buying power to the internet with national name brand products and retailers, as well a locally owned businesses, substantial discounts and rebates are available on many common things people and businesses buy every day. On top of that there are several other ways to generate significant income by bringing in new members.

Let us know how we can help you influence and predict a prosperous 2012!