07: Passion 10
Calculate The Amount of Value To Others
Now that we know how much time, energy, creativity, and currency we have left after living a good and dignified life, we need to calculate the amount of value each of our offers must produce.
[_] Update / Confirm your Financial Purpose.
In the worksheet there is a section to make this calculation if you haven’t done so yet.
Go to the “Cashflow Master”
Option A: Bypass the sheet by inserting a single number to represent your current standard of living.
[_] Set all of the “Outs” to $0.00
→ You’ll see that the following cells went to $0.00
* Owner Salary → Out From Biz
Personal Expenses
Business Expenses
[_] Update the
“Owner Salary: Manual Input”
“Business Expense: Manual Input”
Option B: Use the sheet by
Make a list of the primary offers you make and fulfill to earn a living.
Name each one and record the value it generates.
Example Format:
A: Name_Of_Offer $Price_Per_Unit × Units_Sold_Per_Month = $XXXXXXX (Hours_a_Day)
B: Name_Of_Offer $Price_Per_Unit × Units_Sold_Per_Month = $XXXXXXX (Hours_a_Day)
C: Name_Of_Offer $Price_Per_Unit × Units_Sold_Per_Month = $XXXXXXX (Hours_a_Day)
Total Revenue: $XXXXX – Financial_Purpose = XXXXXXX
Example:
A: Blue $3,000 × 4 = $12,000 (1 Hour)
B: Green $5,000 × 3 = $15,000 (2 Hours)
C: Red $7,000 × 4 = $28,000 (3 Hours)
Total Revenue: $55,000 – $55,000 = $0
Hours a Day: 5 – 5 = 0
Weeks a Year: 40 – 40 = 0
In the spreadsheet, you’ll look at the value of your offers not as fixed things, but as objectives.
If your suite of offers falls short of what your financial purpose requires, the move is not to work harder.
The move is to either sell more of each offer or add more value to your existing offers so that each one moves you closer to fulfilling your purpose.
Purpose to Passion Worksheet
The Purpose to Passion Worksheet is s a strategic spreadsheet that brings everything you’ve done in this course together.
It organizes your work into a clear set of offers that,
…when designed, built, deployed, measured, and modified, allow you to use your passion to harmoniously fulfill the financial, professional, and personal purposes you were created for.
NOTE: The below are separate sheets within the same “Purpose to Passion Worksheet.”
Roles & Responsibilities Tracker
You can either move your current roles and responsibilities tracker here or begin one here.
This one is organized by section. The “Inventory” column is meant to behave like a Product SKU number. You can either manually sort your strategies and tactics or keep up with the inventory numbers to sort.
Cashflow Master
The Cashflow Master is an integrated sheet that connects your personal and professional income and expenses to your financial purpose and suite of offers.
[_] Graphic Representation
Offer Calculator
Review formulas A → K
Price per Unit / Hour
Required Order Account
Responses