Paydex Score

When you, as a small business owner are building a Paydex score, it’s important to be organized.  Author and speaker, Brian Tracy offers practical advice that can help you with your Paydex score. In his book, Eat That Frog, 21 Great Ways to Stop Procrastinating and Get More Done in Less Time, Paydex scores are not specifically mentioned. However, a strong Paydex score is covered when Tracy says, “The mark of a superior thinker is his or her ability to accurately predict the consequences of doing or not doing something. The potential consequences of any task or activity are the key determinants of how important a task really is to you or your company. “(p.25)  This can be applied to building a Paydex score, because there are certain activities involved that will bring up your Paydex score more quickly.

In building a Paydex score, you can use this concept to make decisions about daily activities that will ultimately take your business and Paydex score to the end point (long term goal) you have determined. If you don’t know what your end point is or what constitutes a good Paydex score, then this is the perfect place to begin. You must be clear about your long term goals and your Paydex score, because this knowledge will directly influence the most productive course of action toward a good Paydex score. Building a Paydex score can be included in every hour of your business day.

Having a clear picture of your long term goals and Paydex score will help you prioritize daily activities. The top priorities will always be those tasks which lead your business to the attainment of a long term goal and Paydex score in the most direct and timely fashion. Those top priorities toward a strong Paydex score must always be your main focus. These are the items on your flow sheet for your Paydex score that get done first. If you don’t do these things first, the consequence is that you will not achieve the Paydex score you would like to have with your business. The Paydex score you desire will certainly not happen in the time frame you desire. Contact Strong Business Credit for help with building a good Paydex score.