Things Successful People Do On Weekends

Things Successful People Do On Weekends

 

• Weekends are an important time to unplug from the day-to-day and get a chance to think more deeply about my company and my industry

• “Even when I’m technically not working, I’m always processing in the background and thinking about the company. 

• Weekends are a great chance to reflect and be more introspective about bigger issues

• Always spends weekends with his family

• “Even if I’m on the road on a Friday and have to be back in that same city the following week, I always come home no matter what.”

• “A successful person is usually one who has achieved a measure of happiness and fulfillment in their work, family, and spiritual life

• “Most successful people need to feel a sense of accomplishment and are self-motivated to tackle the next challenge.”

• Roy Cohen, career coach and author of The Wall Street Professional’s Survival Guide, believes success is often defined in two ways: Achieving and exceeding financial milestones or achieving great satisfaction through one’s work.

• “From my perspective as a career coach, real meaningful success bridges the two–great prosperity combined with real joy and passion for your work.”

Ratios

Ratios

Profit Margin (Net Margin)

Net Income divided by Revenues

Also known as Net Profit Margin

Gross Margin

Sales margins are often called gross profit margins

Return On Assets - ROA (return on investment)

The ROA is often referred to as ROI

The assets of the company are comprised of both debt and equity.

Note: Some investors add interest expense back into net income when performing this calculation because they'd like to use operating returns before cost of borrowing.

Return On Capital Employed - ROCE

ROCE should always be higher than the rate at which the company borrows, otherwise any increase in borrowing will reduce shareholders' earnings.

A variation of this ratio is return on average capital employed (ROACE)

Return On Equity - ROE

Return on Equity = Net Income/Shareholder's Equity

return on common equity (ROCE) = net income - preferred dividends / common equity

dividing net income byaverage shareholders' equity

Shareholder's equity does not include preferred shares.

• If new shares are issued then use the weighted average of the number of shares throughout the year.
• Averaging ROE over the past 5 to 10 years can give you a better idea of the historical growth.

Also known as "return on net worth" (RONW)