Read financial statements like a story in 5 minutes
Read financial statements like a story in 5 minutesModule 3The 3
characters
Meet the CharactersRevenue is Vanity, Profit is Sanity &
Cash is King!
Revenue is Vanity
The first of our trio is an ebullient fellow. Full of confidence
and bluster, the eternal optimist, known as Vanity.
He represents the sales revenues of the company. He believes
that if he is given the right resources and enough authority he can
win any deal, dominate any market and double the sales of the
company.
In fact he often believes the company doesnt really understand
his importance and if the company were just to get out of his way
he could take the company to great heights.
His answer to any financial difficulties is to invest in him and
his team and they will sell their way out of it.
Profit is Sanity
The second member is Sanity.
He is all about the bottom line. For him the ultimate goal is
the best profitability for the company.
No nonsense for him, he sees the world in black and white and
hates being in the red.
Cash is King
The third member has the grandest title, that of King.
He rules the empire but he is very protective of the empires
cash. He hates paying out cash and will lovingly count and hoard
any cash he receives.
You will need to have a very persuasive argument if you want him
to fund any of your pet projects!
Jack Welch has the following advice:
Number 1, Cash is king. Number 2, Communicate. Number 3, Buy or
bury the competition.We assert that all three characters need to
play a balanced role in order to generate enough wealth to have the
ability to buy or bury your competitors.
How we make moneyResources required to make moneyIncome
statementBalance sheet
The characters and the financial statements
How we make moneyResources required to make moneyIncome
statementBalance sheet
Resources require cashIf the resources required is greater than
the amount of profit how do we pay for themOr by increasing
debtWith existing cash reserves GoalTo make more money than the
required resourcesWorking together produces the best outcome
What's next Module 4
Focus on the income statement or how we make moneyDelivering the
core components that make your story powerful
Feedback please
Please provide your feedback to either Mick Holly
[email protected] or Andre Gien
[email protected] or on the website
www.finacialstatementstory.com
Andre is our Evidence Wizard. He combines the Passion of
intuition with the Power of Evidence to weave amazing stories that
reveal the secrets and treasures that are locked within financial
statements.He has deployed the financial statement story discipline
in over 150 different companies releasing more than $500million in
value and more importantly, demystifying the financial statements
for thousands of people.Andre's favorite quote:"If you change the
way you look at things, the things you look at change" Mick is
Chief Treasure Hunter. Over the last 30 years Mick has consulted
with the worlds leading companies to identify and implement
performance improvements.He has discovered that behind every person
and company is a story. Sometimes its a rocking adventure,
sometimes a comedy, a mystery, a drama and on occasion, a tragedy.
Going beyond mundane numbers and engaging in the story is the key
to helping companies and individuals build corporate and personal
wealth.
![· BO IMPUESTO Username rules 1. Allowed alphabetical characters [A to Z] 2. Allowed numerical characters [0 to 9] 3. Allowed special characters: hyphen - underscore • dot . exclamation](https://img.pdfslide.us/doc/110x75/5f8d7154f56d4119282cf1cb/bo-impuesto-username-rules-1-allowed-alphabetical-characters-a-to-z-2-allowed.jpg)
