5 Bullet Friday - 2024.10.11

Welcome to 5 Bullet Friday, our bite-size version of newsletter where we share 5 pieces worth sharing as you head into the weekend!

1) Your replies to “Why did you start your business?”

Jonathan Stark asked the question…people responded…plenty of them. Notice any big patterns?

1. Freedom

2. Flexibility

3. Control

Always return to the basics. Why did you start your business?

2) What would a 1% Increase in Price Do To Your Profit?

The right price can boost profit faster than increasing volume will; the wrong price can shrink it just as quickly. Based on this study, increasing price by 1% increased operating profit by 11%, whereas a 1% increase in volume only increased profit by 3.3%. Improvements in price typically have three to four times the effect on profitability as proportionate increases in volume. One could argue that, to the extent your costs are largely fixed, the price increase will almost entirely flow to the

3) Blaze Through Your Content Creation…

An app to quickly generate a bunch of marketing materials in your brand's visual style.

4) How to Build a Sellable Business You Can Love Now, and Leave Later

If you’re going to build a sellable business, you’ll want to focus on value drivers that have universal appeal to a wide array of prospective buyers. There are certain value drivers that are considered the gold standard by prospective buyers. Read on the link below to find out which ones…

5) Video: The brain-changing benefits of exercise

What's the most transformative thing that you can do for your brain today? Exercise! says neuroscientist Wendy Suzuki in her TED Talk. A healthier brain is a healthier human is a healthier business owner.

Thank You For Reading. See You Next Time!

Think Team🙏