Conclusion of "Strength in Numbers"

This phenomenon is very applicable to other situations apart from my business model.
Ever so often we find ourselves backed up against a wall of deadlines and piles upon piles of last week’s unfinished tasks. Perhaps if it had all been properly delegated out to your team members, things may have been less stressful for you.
We’re all familiar with the expression, ”Time is Money”. That is so true. Here’s an example to illustrate this. Imagine you’re running a business that generates $100 dollars per event. You accomplish an average of 2 events per hour and you work 8 hours a day. The events arrive in increasing dozens per day so there’s always a backlog of “To Do” events. If you work at your 2/hour rate, then you accomplish about 16 per day resulting in a daily income of about $1600. It’s frustrating to look at the backlog pile getting bigger and bigger each day. You need a solution. Let’s say you recruit 3 people and you train them to the same job. Two of them may work at 2 events an hour but you may strike gold on the third one who is on fire and spitting out events at about 5 per hour. Will that make a difference in the size of your daily income? You bet it will !! So here’s your institution’s new income:
($1600 x 3) + ($100 x 5 x 8) = 4800 + 4000 = 8800. PER DAY.
Now nobody knew from the beginning that you’d find the third guy on fire to spit out 5 events per hour. How about if you were to recruit 20 or 30 people and the minimum output capability of anyone in your business is 2 events per hour. The probability of acquiring people with greater output capabilities than 2 per hour, is greatly increased. This is known as the law of averages. When applied to your business, your income and productivity WILL increase greatly.
Thank you very much for your time and attention. Be sure to stop by on Monday for next week’s topic: The Power of Relationships.
For more information on my business, please visit http://kamsu.natureswellnesssecret.com and request more info.
See you next week !