Videos

Maximising Your Profit | Turnover is Vanity, Profit is Sanity

Is turnover more important than profit?

Business Coaching Videos: Turnover is Vanity, Profit is Sanity

There’s an old saying, “Turnover is vanity, profit is sanity and cash is king!”

In other words, just because you’re making sales or turnover, doesn’t mean that you’re making a profit.

In this video we’ll take a closer look at these two measures and why you need to pay close attention to both, not just sales.

Watch Video Three: Turnover is Vanity, Profit is Sanity

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If you are struggling with the topic in this video, or want to improve this area of your business with new strategies and a proven formula for success, then complete the form here now, to book an obligation free consultation with Phil Latz.

Phil will meet with you for one hour, free-of-charge, to listen to your current situation. He will help you to hone in upon the key issues and strategies that will make the most impact, no strings attached.

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Maximising Your Profit | Financial Statements Demystified

How do you read financial statements?

Business Coaching Videos: Financial Statements Demystified

As the business owner, you don’t need to do the books yourself, or even understand the finer details. But it’s vital that you understand the basics.

If you’re a business owner that has survived for any length of time then you’ve proven that you have a gut feel for the key numbers that drive your business.

But unless you start to not just understand the basics of financials, but learn to take action as a result of what they’re telling you, then you could well be setting yourself up for a lifetime of stress and frustration.

If you find it embarrassing to ask your accountant or employees basic questions, this video could well give you the vital information you need.

Watch Video Two: Financial Statements Demystified

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Personal Growth | Giving Back

What does giving back do for you?

Chances are that somewhere in your list of reasons for starting your own business there was something about helping others, whether they be members of your local community or a certain cause that you’re interested in.

But have you ever noticed that if you’re a business owner, you’re automatically assumed to be wealthy? You’re bombarded with requests from all sorts of worthy causes!

In this video we’ll look at some systems you can implement to regain control of this area so that you do what is right for you without feeling stressed when you have to say ‘no’.

We’ll also look at ‘in-kind’ giving which can be a great win-win alternative to cash for both you and the cause that you’d like to support.

Watch Video Ten: Giving Back

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Personal Growth | Taking Collective Action

What does it mean to take collective action?

Business Coaching Video: Taking Collective Action

As business owners we’re often very ‘self reliant’ and ‘self made people’.

But in any industry, individual businesses do best when they understand that they’re part of a wider ecosystem and need to stay connected, just like a branch and its leaves will die unless they’re connected to the tree.

Yes, this does mean speaking with your competitors but that’s almost always beneficial for both parties.

In this video, we look more closely at what those benefits may be and why there are certain mutually beneficial things that can only be done collectively as an industry.

Watch Video Nine: Taking Collective Action

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Personal Growth | Health, Diet & Exercise

How does diet and exercise affect health?

Business Coaching Video: Health, Diet and Exercise

You are not a machine! Your state of health directly affects how you will perform in your business.

Physical, mental and spiritual health are areas that I’ve paid a lot of time and attention to in my own life. So I’m motivated to share all the hard won experience that I’ve learned, especially with fellow business owners when they’re struggling.

Every year as we get older, good health becomes more important to us. If you want to maximise your success in business, one of the best places to start is to look after all aspects of your health. You’ll be doing no one any favours in the long run if you take on the ‘martyr syndrome’ and put the welfare of your business or even your team members ahead of your own health.

At first glance that might sound selfish, but as they say in the airline safety briefings, ‘Fit your own oxygen mask before helping children or others around you.’ Why? Because if you’re not breathing well then you can be of no help to your child or anyone else.

In this video you’ll learn to pay equal attention to three key aspects of health, physical, mental and spiritual, which we now know are closely interrelated.

Watch Video Eight: Health, Diet & Exercise

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