Have you ever tried to make something without taking measurements first?
I don’t just mean getting out a ruler, I also mean considering how big you need something to be or what size would be best for something.
Measuring is something your brain does automatically. It tells us what we need to adjust and what needs to be bigger or smaller to make something work. Measuring helps us get things right. And when we get things right, we can achieve our goals.
What Measurements Do For Us
Why is it important to measure different things? Because measuring tells us all kinds of information, like how tall the tallest building in the world is.
If we weren't measuring all these different things, we would never be able to create amazing buildings or even build a simple house.
That’s because taking measurements helps us understand how to make things, how to build things. When we’re making cookies, like when we were talking about cookie recipes last week, we measure out all our ingredients, right?
When we’re sewing, cooking, or building measurements are key. But they’re also important when we’re building a business from the ground up or growing our existing business. We need to be able to measure various aspects of our business.
Measure Your Goals
We need to measure our goals to see if we’re actually progressing or if we need to make changes. And that’s the big thing I want to impress upon you today; measuring things helps us to move forward and progress and make changes in our business.
You may have heard this before, but what gets measured gets done. Or, shoot for the moon, because even if you miss you’ll still land among the stars.
The same idea applies to your goals. You may not actually get to your goal, you may not achieve the thing you want to achieve, but as long as you’re measuring your progress, you’re going to be moving closer and closer to where you want to go. And that’s what’s really important. Measuring actually forces us to look at our goals and say, “am I getting towards that? What can I do to get there?” Measuring helps you see where you need to adjust and make changes in order to reach your goal.
Now, you may be thinking, “yeah, I’m getting there.” But have you actually written it down? I think one of the biggest things for me is to write down the goal, have that where I can see it, and then have an actual time where I sit down once a month and look through the actual numbers.
Reaching Goals with Profit First
What I want to invite you to do today is to really think about what your goals are. Think about what you need to get done, and then start measuring your progress. And that’s where Profit First can really help you.
Profit First isn’t anything new or spectacular. What it’s really doing is helping you measure what you want to get done. When we prioritize profit over sales, all kinds of things start to happen in our business. That’s what’s so powerful about measuring where we’re going, what you want to accomplish, and what you want to achieve.
To learn more about Profit First and how to apply it to your quilt shop join Money Made Simple Academy for Quilt Shops. We talk once a month about how to actually implement some of these ideas, we address challenges, and you get insights from me and the team about what works and what doesn’t work. There is a myriad of other great benefits that come along with it to help you apply these principles in your business!