 |
Most entrepreneurs don’t understand how powerful process can be, but when you apply it correctly, it works like magic, resulting in simplicity, scalability, efficiency, and profitability.
|
7 |
 |
The numbers in the Scorecard should be weekly activity-based numbers, not the type of high-level numbers you see in a profit and loss statement (P&L).
|
120 |
 |
…no matter what your business, the only way to generate enduring profits is to begin by building the kind of work environment that attracts, focuses and keeps talented employees. – James Heskett, W. Earl Sasser, and Leonard Schlesinger
|
17 |
 |
…in a truly great company, profits and cash flow become like blood and water to a healthy body: They are absolutely essential for life, but they are not the very point of life.
|
194 |
 |
Only one thing can allow a business to transcend the daily brute struggle for survival: monopoly profits.
|
32 |
 |
There should not be a conflict between making a profit and adhering to traditional principles of decency and fairness.
|
203 |
 |
A deal is nothing without good implementation. Poor implementation is the cancer that eats your profits.
|
169 |
 |
Customer satisfaction with a company has quite consistently been found to relate to a company’s profitability.
|
91 |
 |
Purposes and principles are much more likely to be translated into practice if… top management [has] not only a long-term business view but [is] also as passionate about products and people as they are about profits.
|
241 |
 |
There’s one equation you can start with that applies to every business: Profit = Revenue – Cost.
|
249 |
