In Practice

In my previous two posts, I shared an idea of being Average and the opportunity cost of not doing it. You can read those 2 here

  1. Being Average
  2. Rationale on Being Average

Don’t read further if you haven’t read the above two articles. I want to document 5 actions that I can take to course-correct and apply the idea in the current situation using practical tools and teams available to us. The reason I say this is because if we double our revenue 2 times with a 20% profit margin that would be a good benchmark for us as a company and even as an individual.

  1. One on one team meeting once a day for 30 minutes
  2. The owners meet 30 minutes a day to work on the business
  3. Teaching the team to say NO or alternate low effort task
  4. Studying Customer Insights written by team for 30 minutes
  5. Reviewing Old tickets for 30 minutes thats went wrong
  6. Analyse the Product usages and user flows for 30 minutes

I think you can pick any one idea from this to boost 10% of your revenue by next quarter

I have not seen any of the ideas above have got me results yet but I sincerely believe that If I can do this for the next 2 years it will give me enough insights that could double our revenue easily.

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