Numbers and Management: Without numbers, a business can’t grow beyond a certain point. Here’s a simple example: imagine you go to the bank to get a loan because you don’t have enough cash for your operations. To qualify for a business loan , you need financial statements like balance sheets . Banks don’t lend based on looks or abilities but decide if your current financial situation is promising for the future. It’s hard to get a loan if you don’t tell a story with numbers. If you rely solely on bank deposits , you’ll spend what you have or borrow if you run out. That keeps your business running as it is, but without verifying your creditworthiness with numbers, don’t even consider borrowing from the bank. Good debt can create leverage, but bad debt can wipe out even your past gains. - Joseph’s “just my thoughts”
According to author and leadership consultant Simon Sinek , our brains don’t understand the concept of negativity . For example, giving a negative command to yourself, “Don’t think of elephants!” doesn’t mean you don’t think about elephants; instead, it emphasizes thinking about elephants. It means that “do this!” rather than a negative command of “don’t do it!” leads to a behavior-oriented change in humans. If you use negative expressions when asking or begging someone, you are likely to be rejected or fail. “Eat at the table!” is more likely to result in cleaning the house than “Don’t eat on the sofa!” - Joseph’s “just my thoughts”