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New comment Oct 5
Free LinkedIn Content Studio
Who else owns this book?
Had to import it from America to The Netherlands, I could be the first one to have it here 😏 Small disclaimer, this is about the new Summary + Workbook version. The OG version is readily available but the new one was impossible to get without an international supplier.
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New comment Oct 5
Who else owns this book?
Business Tool of the Day!
Kanban Kanban is a project management technique that helps teams visualize their workflow, increase efficiency, and reduce waste. Originally developed by Toyota for use in their manufacturing processes, Kanban has since been adapted for use in a variety of industries, including software development, marketing, and healthcare. At its core, Kanban involves using a board with columns that represent the stages of a workflow, and cards that represent individual tasks or work items. Each card moves through the board from left to right, as it progresses through each stage of the workflow. The board provides a visual representation of the workflow, making it easy for team members to see where work items are in the process, identify bottlenecks or areas of inefficiency, and adjust as needed. Kanban also emphasizes the importance of limiting work in progress (WIP) - that is, the number of work items that are actively being worked on at any given time. By limiting WIP, teams can reduce the amount of multitasking, which can lead to increased efficiency and improved quality. Overall, Kanban is a powerful tool for teams looking to streamline their workflows, increase productivity, and improve their bottom line. Whether you're a software development team or a marketing agency, Kanban can help you get more done in less time, while delivering higher-quality results.
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New comment Oct 1
Business Tool of the Day!
Metric of the Day!
Return On Investment (ROI) Return on investment (ROI) is a financial performance measure that calculates the profit or loss generated by an investment relative to the amount of money invested. ROI is often used as a key metric to evaluate the effectiveness and efficiency of an investment decision. ROI = (Gain from Investment - Cost of Investment) / Cost of Investment The result is expressed as a percentage or a ratio. If the ROI is positive, it means that the investment has generated a profit, whereas a negative ROI indicates a loss. ROI can be used to evaluate the performance of various types of investments, including stocks, bonds, real estate, and business projects. It can also be used to compare the performance of different investments and to determine which investments are worth pursuing. In business, ROI is often used to evaluate the profitability of marketing campaigns, capital investments, and other business initiatives. A high ROI indicates that the investment is generating significant returns, while a low ROI may suggest that the investment is not worth the resources being invested. Overall, ROI is a useful tool for investors and business owners to evaluate the effectiveness of their investment decisions and to make informed decisions about where to allocate resources.
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New comment Oct 1
Metric of the Day!
Metric of the Day!
Inventory turnover rate Inventory turnover rate measures how quickly a company sells and replaces its inventory over a specific period (typically a year). The formula is: Inventory Turnover Rate = Cost of Goods Sold / Average Inventory •Cost of Goods Sold: Total cost of products sold during the year •Average Inventory: Average value of inventory during the same period Interpretation •High inventory turnover rate: Favorable, indicating quick and efficient sales •Low inventory turnover rate: May indicate trouble selling products, leading to excess inventory and higher costs Important Note •Ideal inventory turnover rate varies by industry and company •Influenced by factors like seasonality, market demand, and supply chain management •Compare to industry benchmarks and historical data for a better understanding of performance.
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New comment Sep 27
Metric of the Day!
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