3 Weird Numbers That I Track (and you should too)
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#309
One of the biggest breakthroughs in business, money and life can happen when you first understand Pearson's Law. It states that performance improves when measured, and improves exponentially when measured and reported back.
Here is the simplest "hack" I can give you. Choose an area you want to improve. For example, it could be:
- Savings
- Debt Pay off
- Net Worth
Then start tracking that number consistently.
Then, for extra points, report the number for accountability.
I defy you to do that and not see improvements.
If we all agree with that, why don't more people do it?
Part of the reason is they are relying too much on will power.
The most successful people know that will power is overrated. We need a system.
James Clear said that we don't rise to the level of our goals. We fall to the level of our systems.
In today's episode, I cover 2 numbers that I track, which may be a little more unconventional.
The important piece is to track what is most important to you.
The 3 numbers I explore are:
- Net Owner Benefit
- Net Plus Discretionary
- Non Owner Income
We discuss all 3 in detail, why they matter, and how to best track them.
Whether you decide to track all 3 of these or not, this bit-sized episode is guaranteed to help you move the needle.
If you want to keep the conversation going, please message me on IG here. I'm not like the others that just set up automatic AI generated messages. I check and respond to all myself.