Wait! Don’t leave yet. I promise this is math you want to do.
Let’s say one of your revenue streams includes 1×1 coaching at $400/month and you usually have 5-10 clients. Right now, business is a little slow during the summer so you have 5 current clients. That means you earn 2K each month from your coaching.
AWESOME.
Now, let’s say you also know you have been needing to double your prices for a while. So let’s do the math for if you were to do that… you go for it to $800/month.
What is the real goal when we talk about making “consistent revenue”?
Why is it so important?
(Want a laugh as you head into the weekend? Click my pic below for a super quick fun “reel” — and this week’s 5 posts explaining each of my strategies)
Let’s break it down…
Once you can predict your future income, you can save money and plan for large expenses.
If you follow me on Instagram, you may have seen that I’m diving deep into the 5 ways to create consistent revenue in your business.
Why does that matter?
Because any business owner who starts each month at $0 in revenue (where you don’t already have monies contracted or expected to be received) is leaving A LOT of $$ on the table.
So let’s solve that problem…
Before we jump in, it’s important to know that NONE of these ways require you to start from scratch. When you do this right, you’ll be able to maximize your Return on Investments and Lifetime Customer Value WITHOUT you doing maximum effort.
Yesterday, on Instagram, we covered #1: RESTRUCTURE which is when you structure your existing offer(s) in a way that brings in money every month rather than a 1-time fee.
Why is this an easy way to start bringing in consistent and predictable money? BECAUSE it uses what you already sell and changes the way you take payment.
It’s your last chance to grab your seat in thelive Get Smart With Your Business Money workshop before this party kicks off. (Plus the price increases, you’ll miss me teaching live, and won’t get your own questions answered directly…)
If you’re not sure if this is really right for you, let’s talk about it.
This workshop is for business owners who:
Want to better understand the whole money side of the business — and stop feeling like they aren’t enough because their business isn’t performing like they’d like, ashamed, or avoid the topic of money all together
Have a bookkeeper and want to know what they are looking at with all that reporting, or just want an easy system to get started pre-bookkeeper
Feel stressed when making purchases because they wonder “can I really afford it?” and “where did all my money go?” when they look at their bank account balance
Dread tax season because they haven’t really been saving or gotten organized with all those receipts yet, so they are afraid of a big tax bill
Can’t pay themselves a consistent amount each month (or at all) — and want to their business to better pay them for all the effort they’re putting in
Ready to pay yourself better? Click here
to download your free guide and training.
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This is the gentle kick-in-the-pants you have been looking for, with the step-by-step plan that makes it easy to know what to do to turn your net worth—and self-worth—around once and for all. Click Here to Learn More...