It is a sad fact that 95 % all business will not be in business in five years from their start date. It is sad because it is the stories behind the failures such as bankruptcies and marital breakdowns that we don’t hear about that make this unnecessary tragedy even worse.

This reminds me of a story of the small fly banging his head up against the clear glass window searching for freedom until the fly finally dies of exhaustion. Meanwhile had the fly moved over 5 inches to the open doorway he could have had freedom.

It is the same story with the majority of business owners in the world today. They get stuck in their own economy and then keep trying to make it work until the business is either broke or the operator is broken. Either way the result is another closed business.

These business owners are also just five inches away from a life of freedom as well but they are just unaware of it so they keep doing the same old same old. A little change in perspective and by the way no extra physical work could very well make them rich in short order.

Let me give you an example. In my business of fire and flood restoration or construction the average net income for our industry is 4.5%. So if your company does a million dollars a year in sales you will net $45,000.00. Not enough to live on in my books.

My company usually averages a little bit better than 40 % so that same million dollars in sales now makes over $400,000.00 in net sales. Now that’s a little better isn’t it?  Did I mention we don’t work as hard either?

I will cover this subject in much more detail in future articles but I wanted to give you the quick version so you can start right away to at least double your net income in the next 7 days. By the way I have done this method with countless independent businesses and it always works like a charm by opening up a whole new financial world to these business people.

Many business owners when I first talk to them about doubling or tripling their net profits, start off by saying the market won’t bear them doubling or tripling their prices. Here’s the secret. You don’t have to double or triple your prices to double or triple your net.

If you are making a 5 or 10% net income you only have to raise your prices by 5 or 10 % to double your net income. If you are making $10.00 net on $100.00 you only have to raise your price to $110.00 to make $20.00 net which would double your net.

It is really easy to get an extra 10 % for your goods or services but the importance of the extra 10% can be the difference between wealth or poverty. Personally I like wealth because you can help more people. Don’t take me wrong here but you just can’t help out as much when you are poor and can’t even pay your own way.

Focus on the last 10 or twenty percent because that is where the wealth and prosperity is in your business.

I have yet to see, if done properly with the right value incentives for your customers that you can’t raise your prices by at least this amount. So get started today and you will see dramatic results by the end of the week. Remember if you focus on bigger profits that is what you will get because ‘What You Focus On Grows’.

I will be going into more detail about how to get your net income up into the stratosphere in the weeks to come so make sure you come back to our site or get on our mailing list. Your family will like it better if money is not an issue in your home. Isn’t this fun?