How many sales and at what price points for €1m, €10m & €100m?
Over the weekend I listened to multi-billionaire Stephen A. Schwarzman's, What It Takes: Lessons in the Pursuit of Excellence audiobook,
Hey there, amazing people!
Over the weekend I listened to multi-billionaire Stephen A. Schwarzman's, What It Takes: Lessons in the Pursuit of Excellence audiobook, who advocates for seizing high-leverage opportunities compared to low-level opportunities that demand the same level of input but yield very different outputs. If you haven't already, I highly recommend checking out his book or giving the audiobook a listen.
I was super inspired and so this morning with the help of ChatGPT-4, I generated a dynamic adjustable sales estimator that calculates how many sales you need to make at different price points to reach incredible milestones like €1 million, €10 million, and even €100 million! 💰
To use the estimator just add/adjust your price points & overall revenue in the JS section of the Codepen embed 👇
What It Takes: Lessons in the Pursuit of Excellence by Stephen A. Schwarzman
Book summary
Cultivate a growth mindset: Embrace challenges, learn from your mistakes, and continuously seek opportunities to learn and improve. A growth mindset will help you navigate obstacles and achieve your goals.
Think big and be bold: Schwarzman encourages readers to set ambitious goals and have the courage to pursue them. Don't be afraid to challenge conventional wisdom or take calculated risks.
Focus on relationships and networking: Building strong relationships and establishing a wide network are essential for success. Invest time in nurturing relationships and always look for ways to add value to others.
Be prepared and do your homework: In-depth knowledge and research are key to making informed decisions. Take the time to study your industry, competitors, and potential opportunities. This will help you identify trends and make better strategic choices.
Foster a culture of excellence: Create a high-performing environment by setting clear expectations, providing resources for growth, and rewarding outstanding performance. Encourage collaboration and open communication to foster a sense of shared ownership and accountability.
By incorporating these lessons into your daily life and professional endeavors, you can develop the skills and mindset needed to pursue excellence and achieve your goals.
Top Quotes
"The harder you work, the luckier you get."
"There are no prizes for predicting rain, only for building arks."
"You never have a great outcome if you don't have a great team."
"The best way to learn is by doing, and the best way to build skills is through experience."
"Success comes down to rare moments of opportunity. Be open, alert, and ready to seize them."
"In life, you can control only two things: how hard you work and how honest you are."
"Talent counts, but effort counts twice."
"Sometimes you can make your own luck by creating situations where good things can happen."
"Think big, aim high, and then figure out how to get there."
"There is nothing more exhilarating than identifying a problem that everyone else thinks is unsolvable and then finding a solution."
"The best investments we have ever made were the result of thinking creatively about what could go right."
"No one ever accomplished anything significant alone."
"It is as hard to achieve something small as something large, so you might as well aim high."
"The secret to success in life is understanding what you're good at and doing it more."
"The best way to achieve long-term success is by consistently making good decisions."
"There's no substitute for knowing what you're doing and doing it well."
"The future belongs to the optimists."
"A good idea executed brilliantly is worth more than a brilliant idea executed poorly."
"To achieve great things, you need to surround yourself with people who are as smart or smarter than you."
"When you're building a business, culture isn't part of the game, it is the game."