End of 1st Quarter 2023 Speech
Title: The Importance of Micro Entrepreneurs Operating at the Same Requirements of a Large Business
Points of Note In This Speech
- Importance of micro entrepreneurs operating at the same requirements of a large business
- The need for micro entrepreneurs to understand financial quarters
- Example of Tesla and Ford: Tesla's operating margin is 17%, while Ford's is 8%
- Staying the course and taking calculated risks is expected of leaders
- Importance of staying ahead of the competition
- Understanding the banking system from the perspective that banks are a business and can fail
- Need to understand how to check the financial health of banks by reading reports filed with the government
- Serious financial and economic times, but also a time of great opportunities
- The need to think big and strive for success, not think small
- Gratitude for participation in memberships and online courses
- Encouragement to end the first quarter successfully and start the next quarter with a bang.
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