So, Let’s Get Started
Alright, this is about my Reports page. What exactly am I trying to explain with my Reports page? Well, a Reports page, for me, is going to be about several things.
It’s going to be about being transparent and honest. It’s about letting you know about the different things that I am doing in my own business.
Most importantly, it’s going to be about the numbers and the metrics that are associated with them. I have been inspired by Pat Flynn and John Lee Dumas about doing a Reports page. I was inspired by Fortune 500 companies to do also do this.
Coming from an accounting background, I have always like the fact about being transparent. Fortune 500 companies have been doing this since forever.
First of all through financial statements, these companies keep their records incredibly see-through.
You can go to most Fortune 500 companies such as Berkshire Hathaway or Wal-Mart Stores and go here to their financial statements. You can look at their income statements. You can look at their stockholders’ statement. You can look at their balance sheet.
You will know where their revenues are coming from and where is it going.
You can have a great understanding of why I want to be transparent because that is very important to me.
Taking small business classes, it’s important to look at a person’s financial statement.
I would always admire small businesses that do this as they show their financial statements to their employees and letting their employees know how much money the company has.
And also, one thing that I love about small businesses being transparent is that it allows the employees to give input.
That transparency is incredibly amazing.
What I liked about Pat Flynn is that I understood that other businesses had unfortunately talk about a lot of “business stuff” but they would have no records.
Pat Flynn is one of the first person that I know who is being transparent.
It’s important to understand where you are getting your money and where you are spending the money on your resources.
There will be times where you may have made a few mistakes. That is very important.
I just felt that it was very important to be transparent for myself, to others. This comes a lot from my accounting background, taking small business classes and accounting classes, and looking at businesses here and there.
So, it’s just a whole thing for me.
Being transparent with my reports isn’t the only reason I’m doing.
Another reason why I am doing this is because of analysis. It’s not just about looking at my reports but also, other businesses reports to talk about and give my reviews on them.
There’s lot of ideas that I have: “Nine Ways To Market Your Next Idea” or “Industry Reports on Social Media”.
This can be anything that is valuable for you, I want it here.
It’s not just about me and my reports.
#3: Giving Back
I want to use this as an opportunity to give back. I want to do something unique in this space.
A lot of people talk about their numbers; I want to and will do something different. I want to use these reports to give back to you.
This is the main reason why I am doing this Reports page.
Every month, I am going to do a Report page to give back to my community.
Yes, I am going to do a monthly report to analyze what I can do to give back [Tweet This].
This isn’t so people can pat me on the back and say, “I’m a great guy.”
I truly want to truly to cultivate and create truly great ideas to give back to the community and aboard.
I truly believe if we can do this then we inspire a nation of people to figure out how to do different and beneficial things for their local community that doesn’t need a big budget.
So, every month, I am going to make sure that I have a report on what did I do to give back to the community.
I will also post this so people can send feedback as to what they are doing to give their local community, too.
This is why I am creating a Reports Page to share what I am doing to give back to my local community. To me, this is what this is about.
Business is about helping people. Business is about taking that idea and manifesting it into something that benefits others.
In today’s society, businesses are the best way to introduce an idea and sharing that idea to the world.
Basically, that idea helps people. Sometimes, that idea may not have a direct correlation to helping people but we can use the funds to help finance local things in the community.
You can use your ideas to help people. This is why I love business so much.
Your idea may be a local restaurant where you offer people great service and food. But then, you can take that same money and do different ventures around your own city.
You can even use the same food to help the people around you such as inner-city, low-income areas.
I rather be different and one of the ways where I can be different is creating a Reports Page where it shows how I am giving back to the community.
Thank you for reading this. This Reports Page is going to be updated periodically. There will be different types of reports. However, the number one report is going to be the one that gives back.
The second report is about me bringing in how much income from my business and how I am using it in my business.
The third report are Industry Reports and what certain trends mean for the industry.
Thank you for reading this and keeping me accountable.