The entirety of the modern business world would cease to exist without his contribution.
He is considered the father of modern accounting.
Luca Pacioli was an Italian monk, mathematician, professor and writer. He was born in 1447 into a poor family.
In 1494, at the age of 49, Luca published a book – Summa de arithmetica, geometria, proportioni et proportionalita.
It’s often referred to as the Summa.
In the book, Luca laid out how the Venetian merchants were using the double-entry bookkeeping system to succeed in business.
The Summa was responsible for popularizing the double-entry bookkeeping system.
Luca also sprinkled the book with tips on business success.
One of his key tips, was for merchants to run their business in a systematic way, if they truly wanted to be successful.
This is simple advice.
But it’s as true today as it was 500 years ago.
Some of the success systems that a business needs are:
- A system to find new customers
- A system to keep customers loyal and buying more
- A financial system
- A customer service system
The sooner such systems are in place, the faster a business grows.
The sooner you have these systems, the sooner you can step away and enjoy your financial freedom.
For building customer loyalty, RewardCamp is your best system.
RewardCamp makes it easy and delightful for your customers to be loyal to you.
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