This means the chain of restaurants will gain, due to the additional branch, net-profit, before tax, of (1.5M – $1.2M) = $300K a year. The ROI of the investment in the new restaurant is $300 / $500 = 60%. But here is the clarity issue: The ROI of 60% is only for the ne...
Asocial media adis a paid advertisement on social media accounts likeFacebook, Reddit, Twitter (X), andInstagram. Social ads have a wide reach and can be carefully targeted, making them one of the more effective types of paid ads. Here’s an example of a paid ad from Facebook: Note th...
This is a useful feature, but before you add a word to the dictionary, double-check your reasoning. Adding slang or jargon that works with one piece of writing might not be a good idea to add to your dictionary. Why? Because then it’s ignored when you work on something a bit more ...
Conversely, you can have a large sum of money, but be low on the Survival phase. This would be someone that makes $300K a year, but earns it doing work he hates. On top of that, he lives a lifestyle where he is racked up in credit card debt, with a mortgage on a house he ca...
Last year alone[1], the global value of the influencer marketing industry was $13.8 Billion dollars. That number has more than doubled since 2019, and has grown year-over-year by increments of billions of dollars.This exponential growth shows a positive outlook for the future of influencer ...
You will essentially have an army of money making machines and the cycle can only be averted if you decide to liquidate the machines and take more fuel from the machines than they are providing. I’ve seen where you have stated that once you reach FI that you are done. I don’t recall...
Making the emails, creating the answers to the questions, and setting the rules are all on you. This might be a lot of work at the beginning, but will save you a lot of time in the long run. Self-service irritates some customers Not being able to speak to a human can frustrate yo...
long teem reviews I guess. Also in my opinion if a phone can handle 100 folds per day, every single day for a year, for 4 years straight, that is only 146.000 folds. There's no way will I fold it so many times lol and I don't plan on keeping my phone more than 3-4 years ...
A company spends a total of $300k in sales and marketing and generated 300 new customers during a one year period. We can compute CAC thusly: The company’s Customer Acquisition Cost is $1k. The hope is that the CAC is less than the expected revenue per customer so that you will make...
With these steps in your toolbelt, you’re well on your way to making a mark in the realm of copywriting. Looking to Hire a Copywriter? Hiring a copywriter isn’t just about finding someone who can string together beautiful sentences. It’s about bringing on board a strategic thinker, a...