1. Four ways to enhance your (financial) Quality of Life!! 1. The Weak Link 2. Risk, debt and scale 3. PWIM Expenses 4. WOTBE – not WITBE

2. Weak Link - Financial Does this action strengthen the weakest link in the chain of production? So, what is the weak link in your business – right now??

3. Four ways to enhance your (financial) Quality of Life!! 2. Risk, debt and scale

4. $ Production 1 2 3 4 5 6 7 8 9 10 1245789 11123 Income Direct costs Loss Profit Fixed costs Risk Break even point 6 Case 1

5. $ Production 1 2 3 4 5 6 7 8 9 10 1245789 11123 Income Fixed costs 6 Profit Loss Risk Break even point Case 2 Direct/Variable costs Fixed costs

6. Case 2 is less profitable after 10 units of production. Case 1 is more profitable after 10 units of production. Case 2 suffers less stress if 10 units is an optimistic level of production. Case 2 has far less risk exposure than Case 1. Case 1 has a breakeven point of 7 compared to 4 for case 2. Case 1 Case 2

7. Four ways to enhance your (financial) Quality of Life!! 3. PWIM Expenses

8. A Holistic Decision Maker knows this will work better, if: I ncome minus P rofit = Expenses You’ve been brought up to believe (conventional tax accounting): Income minus Expenses = Profit

9. Four ways to enhance your (financial) Quality of Life!! 4. WOTBE – not WITBE

10. Kindly contributed by Bruce Ward and Holistic Results Pty. Limited www.holisticresults.com.au UrgentNot urgent Important Not important I II IIIIV

11. Kindly contributed by Bruce Ward and Holistic Results Pty. Limited www.holisticresults.com.au UrgentNot urgent Important Not important I II IIIIV Crises/panics Fire fighting Deadline driven projects Relationship building Planning, preparation and prevention Implementing systems Professional knowledge Interruptions Some calls/mail Some reports/meetings Unprepared meetings Trivia Time wasting people Unproductive activities Anything and everything that keeps you ‘busy’

12. Kindly contributed by Bruce Ward and Holistic Results Pty. Limited www.holisticresults.com.au UrgentNot urgent Important Not important I II IIIIV Stress Burnout Vision and perspective Control Balance Short term focus Feel out of control Feel victimised Dependence on others May be seen as irresponsible

13. Teleconference 14 August 7.30pm Email: brian@insideoutsidemgt.com.au and/or paul@reasontospeak.com