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22/05/2020

Financial Fitness • Episode 2 • 3 component of a healthy financial environment for a SME

Last week I introduced you to Financial Fitness and how you can use transactions to get and stay financial fit and healthy. This week I will be covering 3 Components of a healthy financial environment for a SME.

To quote Phil Knight (founder of Nike) “Business is like war without bullets” or to put into terms that are more relatable to us – Business is like sports.

Firstly, you have your opposing sides – that is yourself or your business and the other person or business you or your business are interacting with. Now the other side is not always necessarily the enemy, it can be like a practice game, where you play with the other team to improve yourself, both sides gain from the game.

Secondly, you have your 3 components -System, people and processes. Which I will explain in more depth in this video

Lastly you have the “ball” as transactions Flowing from player to player, team to team.

Follow me into today’s video as I cover these topics. Do not forget your coffee ????

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