Sunday, July 23, 2017

Running Your Own Finances Like How Companies Are Run

I always feel the way we folks run our own finances are similar in nature to how we tend to prospect companies for our investment.

It has to be correlated in that manner, we get to improve on one thing and that thing opens up the door for another perspective. It has a compounding double win situation.

There are many people in our circle group of friends that are struggling to live on paycheck to paycheck. They used these income that they've earned to pay off expenses like their mortgage, car loans, education and basic necessities like utilities and telco expenses.



There are nothing wrong with that of course. All of us had to start somewhere one way or another. It only becomes a problem when you start depending onto it for prolonged period of time and taking it a holy grail to run your lives.

How is this translating into the way businesses are being run by management you may ask. In businesses, the most important part is about making a profit at the end of the day (and positive cashflow). They can have increasing sales revenue every year but they have to maintain a lower amount of expenses in order to maintain a profit. 

A good business should also maintain their balance sheet healthy. That means having sufficient cash in their book for any emergency funds. They also need to have a good cashflow and think about diversifying their revenue in case something crops up and they are not able to depend on that customer anymore.

Living and heavily depending on our paycheck is just like a company with a major customer concentration. We put our mind and souls to work for it all our lives and tend to project our expenses in trajectory according to how our income increases. Higher bonus translates to more luxury and expensive travels for most cases. But there are very few people that build contingency into their plans, either by diversifying their income stream or having an emergency funds to project a worst case scenario. 

What if that major customer suddenly starts to struggle? If this is run as a business, they will be soon go out of the business, especially when companies start restructuring and you become the unlucky victim to get hit by the tsunami.

By thinking about running our finances the way our own companies that we are working are being run, we should be able to structure our finances better than what we've been doing all along.

Thanks for reading.

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1 comment:

  1. aslamu alaikum wr wb..
    bismillahirrahamaninrahim,,senang sekali saya bisa menulis
    dan berbagi kepada teman2 melalui tempat ini,
    sebelumnya dulu saya adalah seorang pengusaha dibidang property rumah tangga
    dan mencapai kesuksesan yang luar biasa, mobil rumah dan fasilitas lain sudah saya miliki,
    namun namanya cobaan saya sangat percaya kepada semua orang,
    hingga suaatu saat saya ditipu dengan teman saya sendiri dan membawa semua yang saya punya,
    akhirnya saya menanggung hutang ke pelanggan-pelanggan saya totalnya 470 juta dan di bank totalnya 600 juta ,
    saya sudah stress dan hampir bunuh diri anak saya 3 orang masih sekolah di smp / sma dan juga anak sememtarah kuliah,tapi suami saya pergi entah kemana dan meninggalkan saya dan anaka-naknya ditengah tagihan hutang yang menumpuk,
    demi makan sehari hari saya terpaksa jual nasi bungkus keliling dan kue,
    ditengah himpitan ekonomi seperti ini saya bertemu dengan seorang teman
    dan bercerita kepadanya, alhamdulilah beliau memberikan saran kepada saya.
    dulu katanya dia juga seperti saya setelah bergabung dengan K.H. Tambring Abdullah hidupnya kembali sukses,
    awalnya saya ragu dan tidak percaya tapi selama satu minggu saya berpikir
    dan melihat langsung hasilnya, `
    saya akhirnya bergabung dangan mengunjungi website di www.danainstan.xtgem.com semua petunjuk K.H. Tambring Abdullah saya ikuti dan hanya 1 hari astagfirullahallazim,
    alhamdulilah demi allah dan anak saya,
    akhirnya 5m yang saya minta benar benar ada di tangan saya,
    semua utang saya lunas dan sisanya buat modal usaha,
    kini saya kembali sukses terimaksih K.H. Tambring Abdullah saya tidak akan melupakan jasa aki.
    jika teman teman berminat, yakin dan percaya insya allah,
    saya sudah buktikan demi allah silakan kunjungi website di www.danainstan.xtgem.com atau KLIK DISINI

















































































































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