What’s the most important number in the universe?
Numbers matter.
Our mathematical universe is constructed of numbers.
Some we can see. Most we can’t.
From the speed of light to the parabolic curve of a free-kick in football, maths underpins the laws of the universe.
We can also deconstruct our entire lives in numbers.
The average human lives for around 80 years – or 28,385 days.
Most of us will spend 33 years in bed. That’s 12,045 days. For those who hit snooze when the alarm goes off in the morning, it might be closer to 34 years…
You’ll likely spend around 13 years and 2 months (4,821 days) at work. Hopefully, doing something you love.
And 11 years and 4 months (4,731 days) staring at a screen.
That doesn’t leave a huge amount of time for the things that really matter in life…
Spending quality time with family is remarkably, although perhaps unsurprisingly, a very small part of our modern day lives. We’re down to just 38 minutes a week or 104 days in our life time.
That one makes you think.
When it comes to socialising, there’s a little improvement – we’re up to 1 year and 3 days. Again, it’s not a lot, is it?
In business, it seems like we focus constantly on the numbers…
…Leads, opportunities, wins.
Year on year growth.
Cash flow, profit, valuation.
But how often do we put these numbers into context?
How often do we ask ourselves ‘what is the number that really matters to me?’
When we ask entrepreneurs this question, they often find it hard to answer.
It’s an unusual question and causes an interruption in our conditioned daily thought pattern.
One entrepreneur said the number that really mattered to them was ‘6’ as it represented the number of weeks they spent each year skiing, because they had designed their business to support their lifestyle.
Another said ‘13’ to denote the £13m asking price for their business which meant they could retire early and never worry about money again.
The numbers that appear on your P&L and balance sheet matter, but when was the last time you stopped and asked yourself ‘what is the number that really matters to me?’
It’s a powerful question and invariably creates an energetic shift which can fuel a new trajectory for your business and indeed your life.
If you’re struggling to answer that question, we’d love to help: www.cfocentre.com
Great post, really makes you think
Some amazing people in the CFO Centre team
Financial Director at the CFO Centre
3yThis does make you think about what we actually do with our family time
Forensic Accountant, Expert Witness & Business Mentor
3yThe numbers are important but the qualitative data extracted from those numbers is the nugget. That's what a good FD will do for business owners.
Director
3yYes very true!