Subject: Further Insight On Developing Your Business

Hello to everyone within the Million Dollar Community!  As always,
I hope that you and yours are doing well and that business is
booming!


I recent shared a blog post for which I received a flood of emails
and questions.  If you haven't yet read that post, click the title
below:


How Our Changing Industry is Bringing Us New Opportunities

I will be honest, I still have not yet read all of the email - most of
them yes, but not all. 


But based upon what I have read thus far, I would like to share 
some quick yet additional insight regarding key objectives within
your business development as follows:


1. Your first objective is to get to a point of "break even" - a point
in which your business is generating enough revenue to sustain
itself and cover all costs.


Achieving a "break even" point within the early stages of your
business is a delicate balancing act because of your need to
reinvest towards growth and expansion.


However, you should seek to achieve incremental "break even"
points throughout your various stages of growth to ensure that
you are moving in a profitable direction.       


2. Your second objective is to obviously begin to "make" money -
turn a profit and allow you to actually take money out of the
business.


3. Your third objective should be to (1) "make" money via a
growing salary, AND (2) leave money in your business to further
increase the net worth of your business and to further
demonstrate to prospective buyers the positive cash flow and 
overall profitability of your business.


If you are NOT achieving these key objectives then you need
to retool your business model.


As entrepreneurs, we are in business to "make" money and
increase our net worth so we can, proverbially speaking, "buy
more time" - essentially buy freedom and flexibility!


If you are not "making" money, if you are not increasing your
net worth, or if you are not making the kind of money that you
feel you should be making, then you need to retool your
business! 


I can't do it for you.  I can show you how to do it, but you have
to take action.  If you don't take action, there is nothing I can
do to help.


If you always do what you always did then you will always get
what you always got. 


Choose and invest in change!

Again, click the title below if you have not yet read my recent
blog post:


How Our Changing Industry is Bringing Us New Opportunities

See you at the Top!
Joel E. Davis
Founder, the United Medical Transportation Providers Group

www.umtpg.org
www.milliondollartransportation.com 
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