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Do You Know Your Numbers?
Today we're chatting about knowing the numbers in your business - and before you skip this episode, this is such an important topic!
How many times have you gotten to the end of the month and you're frustrated because you worked really hard all month only to come up short reaching your financial goals? This happens a lot and from my experience with working with Network Marketers, it's almost always because they don't know the actual work it will take to reach their goals. AKA they don't know the numbers.
The best place to start is by deciding how much money you want to make in the month - your process can vary but it's important to know the end goal so you can work backwards.
The three key areas I focus on with my clients are:
1. Income from new customers
2. Income from team members
3. Income from helping team members rank advancing
These are the categories their income will come from so we can break it down as to how much they need in each category. I love this approach because it's simple math -> 1+1 always equals 2. By setting numbers to these categories we eliminate some of the doubt that can hold us back.
When you know the numbers, you can start to nail down your process! Personally I believe having a solid customer goal is key because that is something you can control. It's also allows the person to become a fan of the product and potentially become a team member.
So why would someone not know their numbers? Because it's safe for your brain - if you put a number to it your brain might try to protect you and try to play it safe. But this leads to frustration... Tell your brain that you are safe and it's OK to know the numbers and set a process to get there. You might also say you aren't a numbers person, but is that thought serving you?
As a 6 figure business owner it's your job to know the numbers! I am here to help you - book your free 1:1 call today. Also, follow along on IG @leannemeiser for more helpful info!
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By Leanne MeiserToday we're chatting about knowing the numbers in your business - and before you skip this episode, this is such an important topic!
How many times have you gotten to the end of the month and you're frustrated because you worked really hard all month only to come up short reaching your financial goals? This happens a lot and from my experience with working with Network Marketers, it's almost always because they don't know the actual work it will take to reach their goals. AKA they don't know the numbers.
The best place to start is by deciding how much money you want to make in the month - your process can vary but it's important to know the end goal so you can work backwards.
The three key areas I focus on with my clients are:
1. Income from new customers
2. Income from team members
3. Income from helping team members rank advancing
These are the categories their income will come from so we can break it down as to how much they need in each category. I love this approach because it's simple math -> 1+1 always equals 2. By setting numbers to these categories we eliminate some of the doubt that can hold us back.
When you know the numbers, you can start to nail down your process! Personally I believe having a solid customer goal is key because that is something you can control. It's also allows the person to become a fan of the product and potentially become a team member.
So why would someone not know their numbers? Because it's safe for your brain - if you put a number to it your brain might try to protect you and try to play it safe. But this leads to frustration... Tell your brain that you are safe and it's OK to know the numbers and set a process to get there. You might also say you aren't a numbers person, but is that thought serving you?
As a 6 figure business owner it's your job to know the numbers! I am here to help you - book your free 1:1 call today. Also, follow along on IG @leannemeiser for more helpful info!