0
Seven Keys to Freedom by
Managing more with less
  © Copyright – One Sherpa Pty Ltd 2010
What do you think
management is about?




          © Copyright – One Sherpa Pty Ltd 2010
Do you think it’s
                                        simply the
                                        operational a...
But what about
                                        the money and
                                        the numbers?
...
Do you know precisely
                          where the money has
                          disappeared in your
        ...
I bet you’ve had this
problem at some time….




                 © Copyright – One Sherpa Pty Ltd 2010
You pay all the wages
                      for the employees

                      and the bills for the
               ...
Becoming a real manager is
about connecting the day to day
   business with the money




         © Copyright – One Sherp...
So here are seven keys
I’ve found that will help
you do this




                     © Copyright – One Sherpa Pty Ltd 2010
KEY#1
Profit doesn’t equal
cash




                   © Copyright – One Sherpa Pty Ltd 2010
You can’t take profit
down to the bank
and make a deposit!




                   © Copyright – One Sherpa Pty Ltd 2010
Profit can often be
an opinion but
cash is a fact!



                  © Copyright – One Sherpa Pty Ltd 2010
KEY#2.
Cash flow keeps the
business going




                      © Copyright – One Sherpa Pty Ltd 2010
All the profit in the
world can’t be used to
pay your wages




                    © Copyright – One Sherpa Pty Ltd 2010
Just like a flowing river, cash must flow
          through your business
             © Copyright – One Sherpa Pty Ltd 20...
Cash is the one resource you can
     use to BUY anything!




            © Copyright – One Sherpa Pty Ltd 2010
KEY#3.
Management must
include the money




                    © Copyright – One Sherpa Pty Ltd 2010
Do you leave the
                        money issues to your
                        book keeper or other
               ...
If you try and
hide from the
money it will
come and find
you!

                 © Copyright – One Sherpa Pty Ltd 2010
When your business is running short of
money ALL your employees will come
running towards you looking for an answer
      ...
A competent manager MUST know what’s
happening and what to do with the money
               © Copyright – One Sherpa Pty L...
KEY#4.
Numbers can help
you manage
remotely




                   © Copyright – One Sherpa Pty Ltd 2010
Do you often need to be in a hundred places at once?
                      © Copyright – One Sherpa Pty Ltd 2010
What this means is that sometimes you
need to manage remotely




                   © Copyright – One Sherpa Pty Ltd 2010
In these circumstances all you
have is numbers and paperwork
           © Copyright – One Sherpa Pty Ltd 2010
…and these are
your greatest
resources if you know
how to use them
properly




                    © Copyright – One Sher...
Understanding the
                                        numbers means
                                        you can ma...
…by influencing
your business
when you’re not
physically there




                   © Copyright – One Sherpa Pty Ltd 2010
KEY#5.
Paperwork is
paramount




               © Copyright – One Sherpa Pty Ltd 2010
Are you
allergic to
paperwork?




              © Copyright – One Sherpa Pty Ltd 2010
You must overcome this allergy as
              paperwork
is your greatest friend in management
              © Copyright ...
It charts the progress
through your business
and shows you what’s
happening




                   © Copyright – One Sherp...
Your profit is the outcome
of your paperwork and…




                  © Copyright – One Sherpa Pty Ltd 2010
If you really
 want to know
  what profit
you’re making,




                 © Copyright – One Sherpa Pty Ltd 2010
make sure
                                           your
                                        paperwork
              ...
KEY#6.
Business is about
flow




                    © Copyright – One Sherpa Pty Ltd 2010
When things get
                     stuck in your
                     business they
                     become a pain
 ...
Whether it is
A supplier that won’t
supply,



                  © Copyright – One Sherpa Pty Ltd 2010
A customer that won’t pay,




             © Copyright – One Sherpa Pty Ltd 2010
A computer that won’t compute




          © Copyright – One Sherpa Pty Ltd 2010
or
A product that you
can’t get right




                     © Copyright – One Sherpa Pty Ltd 2010
All of these
represent a
lack of flow


               © Copyright – One Sherpa Pty Ltd 2010
And of course the
 greatest pain is
 when cash flow
  isn’t flowing

                    © Copyright – One Sherpa Pty Ltd ...
If in doubt look for places where you can
get things flowing in your business




                  © Copyright – One Sher...
If in doubt look for
                                        places where you
                                        can ...
KEY#7.
It is about the
money




                  © Copyright – One Sherpa Pty Ltd 2010
How many times
 have you heard it’s
not about the money?




                  © Copyright – One Sherpa Pty Ltd 2010
Well business IS about the money
               © Copyright – One Sherpa Pty Ltd 2010
At the end of the day if a business runs
         out of money it dies




                 © Copyright – One Sherpa Pty L...
Make sure you don’t
neglect to manage the
 money flow in your
       business

                  © Copyright – One Sherpa ...
Summary of tips:
1. Profit doesn’t equal cash
2.   Cash flow keeps the business going
3.   Management must include the mon...
Are you a
                                        business owner?




© Copyright – One Sherpa Pty Ltd 2010
Are you finding that you're working harder than ever,
      but at the end of the month you wonder




                   ...
Are you worried
that another year
of your life will
pass you by, and
you'll have made
no real progress?




              ...
How would you like to spend 60 seconds and get a
business "health check" that will pinpoint the
EXACT problem that your bu...
and give you specific, targeted advice about how
        to turn your business around…




                   © Copyright ...
and unlock the true
wealth and potential
locked up in the
business you already
own?



                       © Copyright ...
It's easy, it's
                                        simple, it only
                                        takes one ...
Take you FREE business check checkup at:
http://www.oneminutebusinesscheckup.com




                  © Copyright – One S...
This presentation has been brought to you by:




  An online global resource centre and membership
community dedicated to...
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Seven keys to freedom by managing more with less

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Freedom is available to all business onwers who learn the art of managing more effectively

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Transcript of "Seven keys to freedom by managing more with less"

  1. 1. Seven Keys to Freedom by Managing more with less © Copyright – One Sherpa Pty Ltd 2010
  2. 2. What do you think management is about? © Copyright – One Sherpa Pty Ltd 2010
  3. 3. Do you think it’s simply the operational and technical parts of your business? © Copyright – One Sherpa Pty Ltd 2010
  4. 4. But what about the money and the numbers? © Copyright – One Sherpa Pty Ltd 2010
  5. 5. Do you know precisely where the money has disappeared in your business? © Copyright – One Sherpa Pty Ltd 2010
  6. 6. I bet you’ve had this problem at some time…. © Copyright – One Sherpa Pty Ltd 2010
  7. 7. You pay all the wages for the employees and the bills for the suppliers and there is nothing left for you!! © Copyright – One Sherpa Pty Ltd 2010
  8. 8. Becoming a real manager is about connecting the day to day business with the money © Copyright – One Sherpa Pty Ltd 2010
  9. 9. So here are seven keys I’ve found that will help you do this © Copyright – One Sherpa Pty Ltd 2010
  10. 10. KEY#1 Profit doesn’t equal cash © Copyright – One Sherpa Pty Ltd 2010
  11. 11. You can’t take profit down to the bank and make a deposit! © Copyright – One Sherpa Pty Ltd 2010
  12. 12. Profit can often be an opinion but cash is a fact! © Copyright – One Sherpa Pty Ltd 2010
  13. 13. KEY#2. Cash flow keeps the business going © Copyright – One Sherpa Pty Ltd 2010
  14. 14. All the profit in the world can’t be used to pay your wages © Copyright – One Sherpa Pty Ltd 2010
  15. 15. Just like a flowing river, cash must flow through your business © Copyright – One Sherpa Pty Ltd 2010
  16. 16. Cash is the one resource you can use to BUY anything! © Copyright – One Sherpa Pty Ltd 2010
  17. 17. KEY#3. Management must include the money © Copyright – One Sherpa Pty Ltd 2010
  18. 18. Do you leave the money issues to your book keeper or other people while you manage the business? © Copyright – One Sherpa Pty Ltd 2010
  19. 19. If you try and hide from the money it will come and find you! © Copyright – One Sherpa Pty Ltd 2010
  20. 20. When your business is running short of money ALL your employees will come running towards you looking for an answer © Copyright – One Sherpa Pty Ltd 2010
  21. 21. A competent manager MUST know what’s happening and what to do with the money © Copyright – One Sherpa Pty Ltd 2010
  22. 22. KEY#4. Numbers can help you manage remotely © Copyright – One Sherpa Pty Ltd 2010
  23. 23. Do you often need to be in a hundred places at once? © Copyright – One Sherpa Pty Ltd 2010
  24. 24. What this means is that sometimes you need to manage remotely © Copyright – One Sherpa Pty Ltd 2010
  25. 25. In these circumstances all you have is numbers and paperwork © Copyright – One Sherpa Pty Ltd 2010
  26. 26. …and these are your greatest resources if you know how to use them properly © Copyright – One Sherpa Pty Ltd 2010
  27. 27. Understanding the numbers means you can manage your time more effectively © Copyright – One Sherpa Pty Ltd 2010
  28. 28. …by influencing your business when you’re not physically there © Copyright – One Sherpa Pty Ltd 2010
  29. 29. KEY#5. Paperwork is paramount © Copyright – One Sherpa Pty Ltd 2010
  30. 30. Are you allergic to paperwork? © Copyright – One Sherpa Pty Ltd 2010
  31. 31. You must overcome this allergy as paperwork is your greatest friend in management © Copyright – One Sherpa Pty Ltd 2010
  32. 32. It charts the progress through your business and shows you what’s happening © Copyright – One Sherpa Pty Ltd 2010
  33. 33. Your profit is the outcome of your paperwork and… © Copyright – One Sherpa Pty Ltd 2010
  34. 34. If you really want to know what profit you’re making, © Copyright – One Sherpa Pty Ltd 2010
  35. 35. make sure your paperwork is up to date and accurate © Copyright – One Sherpa Pty Ltd 2010
  36. 36. KEY#6. Business is about flow © Copyright – One Sherpa Pty Ltd 2010
  37. 37. When things get stuck in your business they become a pain in the neck © Copyright – One Sherpa Pty Ltd 2010
  38. 38. Whether it is A supplier that won’t supply, © Copyright – One Sherpa Pty Ltd 2010
  39. 39. A customer that won’t pay, © Copyright – One Sherpa Pty Ltd 2010
  40. 40. A computer that won’t compute © Copyright – One Sherpa Pty Ltd 2010
  41. 41. or A product that you can’t get right © Copyright – One Sherpa Pty Ltd 2010
  42. 42. All of these represent a lack of flow © Copyright – One Sherpa Pty Ltd 2010
  43. 43. And of course the greatest pain is when cash flow isn’t flowing © Copyright – One Sherpa Pty Ltd 2010
  44. 44. If in doubt look for places where you can get things flowing in your business © Copyright – One Sherpa Pty Ltd 2010
  45. 45. If in doubt look for places where you can get things flowing in your business © Copyright – One Sherpa Pty Ltd 2010
  46. 46. KEY#7. It is about the money © Copyright – One Sherpa Pty Ltd 2010
  47. 47. How many times have you heard it’s not about the money? © Copyright – One Sherpa Pty Ltd 2010
  48. 48. Well business IS about the money © Copyright – One Sherpa Pty Ltd 2010
  49. 49. At the end of the day if a business runs out of money it dies © Copyright – One Sherpa Pty Ltd 2010
  50. 50. Make sure you don’t neglect to manage the money flow in your business © Copyright – One Sherpa Pty Ltd 2010
  51. 51. Summary of tips: 1. Profit doesn’t equal cash 2. Cash flow keeps the business going 3. Management must include the money 4. Numbers can help you manage remotely 5. Paperwork is paramount 6. Business is about flow 7. It is about the money © Copyright – One Sherpa Pty Ltd 2010
  52. 52. Are you a business owner? © Copyright – One Sherpa Pty Ltd 2010
  53. 53. Are you finding that you're working harder than ever, but at the end of the month you wonder where all the money has gone? © Copyright – One Sherpa Pty Ltd 2010
  54. 54. Are you worried that another year of your life will pass you by, and you'll have made no real progress? © Copyright – One Sherpa Pty Ltd 2010
  55. 55. How would you like to spend 60 seconds and get a business "health check" that will pinpoint the EXACT problem that your business is facing… © Copyright – One Sherpa Pty Ltd 2010
  56. 56. and give you specific, targeted advice about how to turn your business around… © Copyright – One Sherpa Pty Ltd 2010
  57. 57. and unlock the true wealth and potential locked up in the business you already own? © Copyright – One Sherpa Pty Ltd 2010
  58. 58. It's easy, it's simple, it only takes one minute, and the best part of all, it's 100% free: © Copyright – One Sherpa Pty Ltd 2010
  59. 59. Take you FREE business check checkup at: http://www.oneminutebusinesscheckup.com © Copyright – One Sherpa Pty Ltd 2010
  60. 60. This presentation has been brought to you by: An online global resource centre and membership community dedicated to helping small business owners succeed and prosper www.onesherpa.com © Copyright – One Sherpa Pty Ltd 2010
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