To get what we want in life, we all need to meet new people. If we want people to help us get what we want, we need to help them get what they want.
The Network Effect applies to the creation of value through human networks. The more influential people who have a positive image of your business, the more value they ascribe to what you do.
Often in our drive to generate revenue, we also increase expenses. This can sometimes mean that the profitability of our business is decreasing.
Financial statements include the various forms of income the business generates and the expenses associated with operating the business.
The quality of your work increases when you work with high quality people. When you trust the people on your team you can focus on what you need to do.