Your New Business Launch In 30 Days

Day Seven – Consolidation

Look back and see what you have learned so far. Read and re-read those first pages. It would be worth taking your entire 90 minute focus session for today to re-read those pages and really get to grips with the first section. It would also be a great idea to Google “example P+L sheets” to help you get to grips with this most essential document. 

When you have gone over everything and you are happy, ensure you can honestly say YES to the following questions: 

Yes I have made time every single day for my 90 minute focus time

Yes I can tell you what fixed costs are variable costs are

Yes, I know how to work out my breakeven point

Yes, I know I am capable and worthy of earning lots of money

Yes I understand that I must make as much money as I possibly can

Yes I am totally laser focused on achieving my goals

Yes I can tell you what a P+L account is used for

Yes I can tell you what a balance sheet is

Yes I can tell you what profit really means to me

Yes I can tell you why cash flow is so vital

 

Now go have a bath and relax! Things do start to ramp up a bit now so chill my friend.

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