KLE 83: Pulling Levers!
What use is a ‘magic formula’?
Well, nothing and everything!
Nothing – if you don’t do anything with it, a formula is a meaningless, artificial construct.
Everything – if you actually use it to understand – then make – something concrete. In this case money; more specifically, your Number.
So, how do you use such a formula to help you reach your Number?
Simple:
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We’ll look at some other ways of increasing your Capital in the next KLE.
In the meantime …
Task 1: Can you increase your Capital, quickly, by using any of these methods: Conservation, Reinvestment, or Concentration? If so, which ones will you employ (and, why)? How much additional Capital do you think you can raise to help fuel your primary Growth Engine for reaching your Number?