- Posted by Jeff Vacek
- On May 20, 2016
- 2 Comments
- Business Cash Flow, Jeff Vacek
I saw the other day that Apple has $233,000,000,000 in cash.
Translation… $233 Billion!
Now that’s some SERIOUS business cash flow.
So, it got me thinking…
Apple could buy every:
- NFL Team
- NBA Team
- NHL Team
- NBA Team
And they would still have $80 billion left over in cash.
Okay, that’s cool I guess…
Check this out…
Apple has 80,000 employees.
Let’s do some math.
Divide that $233 billion in cash by EVERY employee.
Take the result of that and you COULD say that each employee at Apple is making them $3 million in cash.
So, here’s a question for you… How much CASH are YOUR employees generating for you?
If its below $500,000, you might want to do some checking on productivity, job engagement, employee attitude, etc. company wide.
I’m at about $600,000 per employee. So, I’m doing alright but I need to be careful… I’m close to that minimum.
All those employees at Apple ‘generated’ all of that cash for them because Apple invested in them.
Yep, Apple invests in their employees. Are you?
I don’t care how big or small your company is… you need humans to make your company successful on the business side of the equation.
Online company? Doesn’t matter. Look at Google. They do some pretty cool s#$t for their employees.
So invest in your peeps…
By the way, that doesn’t necessarily mean money.
Invest TIME into them. Have 5-10 minute meetings every couple weeks with each of your employees. Even if you’re the CEO, make yourself accessible to the ‘fork lift driver’ working the nightshift in the warehouse (so to speak).
Find out what makes them tick… Find out what motivates them.
Reward them, acknowledge them, critique them.
Try to help them become BETTER human beings.
You will grow, they will grow and your company will grow.
Its worth it… To Apple its worth $233 billion in cash. You just can’t argue with that…
Thanks for reading!