How Much Are You Worth per Day?

Have you ever bother to calculate how much you're worth per day? Of course, I'm talking about the monetary term here. If you are employed and the monthly payment was your only income source, then your daily worth is basically [monthly pay] divided by [30 days]. Other than that, what other investment, passive income, side incomes etc, you can add to your daily worth?


This exercise allows you to see and control your financial status more easily. If you want to increase extra RM10 per day, what do you need to do? For example, spend RM10 less each day, you basically earn RM10 per day and that is equivalent to RM300 a month. If you simply cannot spend a single ringgit less anymore, then you need to ask yourself how you can generate RM10 extra per day?

There are so many ways your can increase your day worth by RM10, say a part time sales job, do a simple buy&sell business (eBay etc.), writing blogs, etc.... after all, no harm trying to ask for a raise from your boss too (even most of the time you won't get it, but you might get lucky!! hehe).

Do not look down the RM10 reward of your extra work per day because it adds up at the end of the month. Once you have successful made RM10 for a day, keep the money in your money box from day one, and only pay yourself at the end of the month. You'll find that you've just gotten an extra monthly pay of RM300. Once you have mastered to make consistant RM10 a day, try double it, then triple it and then so on. After all, you'll fine that by building your day worth, you'll slowly build your wealth too.

Enjoy building your day worth.

What's Your Profit?

Let's do a quick check on the basic calculation of your business profit:




Correct?! I believe you don't have to be smart to understand this. So, by manipulating or play around with [SALES PRICE], [QUANTITY] and [MARGIN] you can change the outcome of your PROFIT. Again, it doesn't take a genius to figure that out either. So, let's ask ourselves, which of the three areas you can play around? And how you can maintain or increase your profit by manipulating these three areas?

I'm 'on' a logistics business. Allow me to share with you how I control my profit to outbeat my competitors in the market - I play around all three areas.

1. Lowering my operating cost to increase my MARGIN (This is our trade secret which I won't reveal too much. But in a nutshell, we simplify our business model in such a way that even a high school drop-out can handle it well and that alone has saved us alot in overhead. But one of our biggest advantage is that we have paid off 90% of our assets. Lately we look forward to offering FREE advertising space on all our trucks to a tyre manufacturer and hopefully get some discounted tyres from them to further saving our cost, anyone has good TYRE MANUFACTURER, please contact me :)


2. Increasing QUANTITY of sales. That is similar to how McDonald increases 10% of their sales by simply asking customers to supersize their meals. Increasing new clients are always not easy for us, so the immediate action we take is to offer add-on services to the existing clients, such as local despatch services which is at least 20% cheaper than the local courier services.


3. Maintain SALES PRICE as much as possible even though the diesel price shoots up. Since we have managed to control [MARGIN] and [QUANTITY], we have rooms to adjust the [SALES PRICE] to attract more customers.

As I always mention to my business associates that I know nothing better than any transporter out there, but I am so damned good in saving cost for my customers. Even though I personally only focus on land transportation, I can help you to source out the most cost effective logistics provider from forwarding, warehousing, express services, down to dispatch services.