Balancing Products for Sustainability

[s3mvp id='22']

Watch the video above to Ensure Your Products Are Balanced

[DAPCourseProgressBar id=1][/DAPCourseProgressBar]

Lesson Summary:

Having only a few dominant profit generating products makes you vulnerable when the marketplace no longer wants these products. Spread your risks evenly across your products.

What you'll learn in this Lesson:

The percentage of gross profit each product contributes to your entire business.
If there are any products 'owning' too many of your sales.
How to identify the vulnerability of your business.

Downloads/Resources

[s3mvp id='25']

Video Transcript

Formulated Worksheet

Homework Assignment

Time Left:

0
:
0
:
0

Time expired. Sorry, you will not be able to continue with this quiz. Please opt-in to see the result.

HRS

MIN

SEC

SEC

Total Time

0

HRS

0

MIN

0

SEC

Are you a workaholic?

1

Don't Think You're a Workaholic? Prove it by Taking This Short Lil' Quiz!

Let's Find Out >>>

Where do you eat lunch?

1

Enter any additional information about the quiz.

On my desk while working

Correct Answer

Enter Points

I go out for lunch and eat with my friends

Correct Answer

Enter Points

I try to extend my lunch :-). I'm late by 10-15 minutes to work after lunch!

Correct Answer

Enter Points

Next

When do you start your work day?

1

Enter any additional information about the quiz.

10 minutes after I wake up

Correct Answer

Enter Points

At 8:00 AM

Correct Answer

Enter Points

Never in a rush to start my work :-)

Correct Answer

Enter Points

I hate my work :-(. I delay starting my work as long as I can.

Correct Answer

Enter Points

Next

And when do you end your work day?

1

Enter any additional information about the quiz.

As soon as I can slip away...

Correct Answer

Enter Points

At 5:00 PM

Correct Answer

Enter Points

A few hours after everyone else is done

Correct Answer

Enter Points

No set time. I keep going until I'm done with all my work for the day.

Correct Answer

Enter Points

Next

It's 10:30 pm and your boss sends a work-related text!

1

Enter any additional information about the quiz.

You ignore it!

Correct Answer

Enter Points

You immediately respond and let him know you'll work on it first thing in the morning

Correct Answer

Enter Points

You work on it right away!

Correct Answer

Enter Points

Next

When was your last real vacation where you took a week off from work and didn't work at all?

1

Enter any additional information about the quiz.

2-3 months ago

Correct Answer

Enter Points

6 months ago

Correct Answer

Enter Points

Around a year ago

Correct Answer

Enter Points

More than a year ago

Correct Answer

Enter Points

I don't believe in vacations

Correct Answer

Enter Points

Next

Your favorite hobby is...

1

Enter any additional information about the quiz.

Working

Correct Answer

Enter Points

Working out

Correct Answer

Enter Points

Watching Netflix

Correct Answer

Enter Points

Several hobbies

Correct Answer

Enter Points

Next

You wake up with a fever...

1

Enter any additional information about the quiz.

Stay home and rest

Correct Answer

Enter Points

Tell your boss you'll work from home

Correct Answer

Enter Points

You take a fever med and go to work! How else will work get done... Right?

Correct Answer

Enter Points

Next

You wake up in the middle of the night...

1

Enter any additional information about the quiz.

You pick up your phone - watch videos, check social feed, text friends, etc. You don't think about work.

Correct Answer

Enter Points

Time to get some more work done! You open your laptop and start working again!

Correct Answer

Enter Points

You try to fall asleep

Correct Answer

Enter Points

Next

%%QUESTIONANSWERS%%

Almost there...

Where can we email you the results? Please enter details below.

By joining, you agree to the terms of service and privacy policy.

By checking this box, I agree I want to receive latest news, tips and occasional promotional offers.

Get Started

You can unsubscribe at any time.

You got a score of %%YOURSCORE%% out of %%TOTALSCORE%%

Hey... looks like you don't like you work!!!

1

Hate your work? Your job doesn't inspire you?

Feeling stuck

?

Sounds like you are doing things that you don't care about. Time to rethink your career startegy! It's time for a change! Figure out what drives you, what motivates, what you are passionate about. You can do this

%%CATEGORY_TOTAL_PERCENT%%

%%CATEGORY_TOTAL_NUMBER%%

[CATEGORY_TOTAL_PERCENT]

[CATEGORY_TOTAL_NUMBER]

You got a score of %%YOURSCORE%% out of %%TOTALSCORE%%

You are a borderline workaholic!

1

Sounds like you prioritize work over other things often but you are not hopeless

You just have to find a little more balance between work and life.

Make time for things outside of work

Invest in your hobbies. Make a little more time for your friends and family.

%%CATEGORY_TOTAL_PERCENT%%

%%CATEGORY_TOTAL_NUMBER%%

[CATEGORY_TOTAL_PERCENT]

[CATEGORY_TOTAL_NUMBER]

You got a score of %%YOURSCORE%% out of %%TOTALSCORE%%

Well done! You are good!

1

Yay! Looks like you have found the perfect work-life balance, my friend

!

You love your work but not at the cost of other things. Work is important to you but only as one of the activities!

%%CATEGORY_TOTAL_PERCENT%%

%%CATEGORY_TOTAL_NUMBER%%

[CATEGORY_TOTAL_PERCENT]

[CATEGORY_TOTAL_NUMBER]

You got a score of %%YOURSCORE%% out of %%TOTALSCORE%%

1

Uh oh! You are a workaholic

You’ve been told by others to cut down on work without listening to them. You become stressed if you’re prohibited from working. You deprioritize hobbies, leisure activities, and exercise because of your work.

Time to take a little break, my friend! Plan a vacation

Step away for a little. It'll all be there when you get back!

%%CATEGORY_TOTAL_PERCENT%%

%%CATEGORY_TOTAL_NUMBER%%

[CATEGORY_TOTAL_PERCENT]

[CATEGORY_TOTAL_NUMBER]

Retake

YOUR TOTAL POINTS

0

Frequently Asked Questions

Why do I need to balance my products?

Because it's easier to replace one non profitable product if your products are evenly spread.

How often should I do this exercise?

Every 6 months.

Can I only focus on a few products?

If they're all making you money and are evenly spread, that's fine. But don't rely on too few products.

[DAPCourseOutline id=9][/DAPCourseOutline]

Fran Piggott

Fran Piggott
Instructor

How can I help you?
I look forward to answering
your questions.

[DAPLessonComplete course_id=4 ][/DAPLessonComplete]

Add Your Comments or Ask Questions Below

Session expired

Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.