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  • 3Ss Requisites To Prosperity

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    Allen Hendryx Pangilinan
    886 views16 pages
    The document discusses the three requisites (3Ss) for prosperity: Squad, Spread, and Speed. Squad refers to forming a business team. Spread means pricing products higher than costs to generate profits. Speed is about effectively managing receivables to convert them to cash. These three factors enable the wealth conversion principle where cash is used to purchase inventory, inventory is then sold and converted to receivables, and receivables are finally converted back to cash.

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    The document discusses the three requisites (3Ss) for prosperity: Squad, Spread, and Speed. Squad refers to forming a business team. Spread means pricing products higher than costs to generate profits. Speed is about effectively managing receivables to convert them to cash. These three factors enable the wealth conversion principle where cash is used to purchase inventory, inventory is then sold and converted to receivables, and receivables are finally converted back to cash.

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    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
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    886 views16 pages

    3Ss Requisites To Prosperity

    Uploaded by

    Allen Hendryx Pangilinan
    The document discusses the three requisites (3Ss) for prosperity: Squad, Spread, and Speed. Squad refers to forming a business team. Spread means pricing products higher than costs to generate profits. Speed is about effectively managing receivables to convert them to cash. These three factors enable the wealth conversion principle where cash is used to purchase inventory, inventory is then sold and converted to receivables, and receivables are finally converted back to cash.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 16

    3Ss Requisites to

    Prosperity
    Entrepreneurship
    Prepared by: Allen Hendryx M. Pangilinan http://www.free-powerpoint-templates-design.com
    http://www.free-powerpoint-templates-design.com
    3Ss Requisites
    This is the three
    to Prosperity general requisites
    to make the wealth
    conversion
    principle alive
    3Ss Requisites
    This is the three
    to Prosperity general requisites
    to make the wealth
    conversion
    principle alive
    Wealth Conversion
    Principle
    Wealth Conversion Principle

    Cash

    Inventories Receivables
    Wealth Conversion Principle

    Cash Inventories Receivables

    used to buy the product sold convert into cash


    inventories
    3Ss Requisities to
    Prosperity
    3Ss Requisites to Prosperity

    Cash
    ad S
    u pe
    Sq ed

    Inventories Receivables
    Spread
    Squad
    Forming a team or a
    squad

    This includes the


    entrepreneurs
    choice of
    business partners
    Spread This ensure that
    the products sold
    are priced higher
    than the cost it was
    bought or
    manufactured
    Speed The entrepreneur needs
    to create a system to
    manage account
    receivables effectively
    SUMMARY
    Wealth Conversion Principle

    Cash

    Inventories Receivables
    3Ss Requisites to Prosperity

    Cash
    ad S
    u pe
    Sq ed

    Inventories Receivables
    Spread
    THANK YOU
    Prepared by: Allen Hendryx M. Pangilinan
    12 - Ledger

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