I was looking at a large painting of a street in New Orleans on the wall of a bar in New York. The perspective show was perfect so it created this very photorealistic illusion of depth. I thought, “It’s just math. Perspective is based on mathematical principles.”
And then it’s empowering to broaden that and realize that so many things in life are based on math and formulas can, and should, be applied to achieve the results we seek.
Making money is absolutely, 100% math. There are simple formulas one ought to fix in his head when running every business. They should be constructed fairly intuitively by a business owner based on the various inputs and outputs in your business. Once you map these things out and track them on an ongoing basis you’re able to see the high level levers that may need adjustment and can use them to strategize. Without a grasp of this, you’re not in control.
Mapping out the math, the formulas, create leverage and empower you.
Here is good, more detailed guide on the simple math that can applied to any business selling any product or service (i.e. any business on the planet).