There is an old saying that “you can’t manage what you don’t measure.” That goes for all aspects of life and business!
If you want to lose weight, you need to weigh yourself and measure your food and exercise. Simply measuring your benchmarks will give you the information you need to meet your health goals. When I was in bodybuilding, I tracked all kinds of measurements, from macronutrients to waist, arm, and hip circumference to exactly what I ate when, how much, and how I felt emotionally as I ate. And my body improved.
If you want to improve the profitability of your business, you need to know certain numbers. It might be revenues, or profits. It might be variable costs, profit margins, or cash flows – all of which are critically important. If you pay attention to the numbers you want improved, you’ll improve them.
It’s interesting to see how simply practicing gratitude can change your life. When you focus on the things you want, you’ll get more of the things you want. If you focus on what you don’t want, you’ll get more of that.
Want to improve your relationships? Focus on the things you’re thankful for.
Want to improve your finances? See where you are, and where you want to be, and focus on that.
Donna Harris holds a BSci in Accounting and is the owner of Bookkeeping Made Simple.
Donna Harris, BSci Accounting, MBA student, founded Bookkeeping Made Simple with the understanding that small businesses is the heart of the American economy. After offering to do books for a friend who said he didn't have enough work to keep someone in the office 20 hours a week, she recognized the need for an efficient, online system. She has 20 years of bookkeeping and accounting experience and is excited to help small business owners achieve their goals. She enjoys spending time with her family and traveling whenever possible. She also loves reading, hiking, camping, cooking, yoga, and fitness. A huge believer in lifelong education, she is currently working on her MBA.