It's been told that "money does not make us happy." Well at Scopo, we believe nothing could be further from the truth and money does matter. But there's a catch, there's always a catch. It's not about how much you spend, but how you decide to spend it that matters. In fact, there are three scientifically proven ways you could spend your hard earned money that will significantly increase your levels of happiness:
1) Paying for experiences
2) Purchasing time for yourself, and...
3) Giving money to others
So the solution is simple. The more money you have, the more ways you'll be able to invest in these three happiness influencers.
How does this relate to business strategy? Again, the answer is simple. Although strategic planning can be a lengthy process, the end result is focus and simplicity. And when small business owners are focused and their business models are simplified, the stage is set for reduced costs and increased revenues. And we all know that revenues minus costs equals profits. So the more revenues one has with the least amount of costs, they're on their way to higher profits. And profit is money.
Because you have more money, you can pay for more experiences.
Because your business model is simplified, you have more time for yourself.
And because you're more grateful for all that you have in life, you're more inclined to give to others.
So yes, money does matter. And having a winning strategy can make a huge difference in your life because strategy creates focus and simplicity. Once you have it..."you can move mountains."
k here to edit.
Joe Immordino, MBA