The 3 Metrics You Need To Track To Reach Your Income Goals [Make $10K Months Series Pt. 3]Apr 25, 2022
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In today’s installment of the ‘Make $10K Month’ podcast series, we are going to be discussing why not knowing your numbers is actually costing you your chance at realistically achieving the income goals that you set. So what most service providers, coaches, and freelancers do when they set a new monthly revenue goal for themselves is they simply choose a number arbitrarily - whether its $10K, more, or less - and then they just go about their marketing as they always have, hoping and praying that they hit that income goal. This isn’t all too different from just throwing spaghetti against a wall and seeing what sticks. If you have a great income month, or if you have a bad income month, you’re not able to actually identify what’s working or not working when you don’t understand your numbers and how they reflect if your marketing strategies are effective. Let’s talk about it!
- Listen to Part 2 of this Make $10K Months Series
- Watch our free masterclass: https://ellenyin.com/getclients
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- Let us know what you think about this new series, and if you have any topic suggestions, at either of our Instagram accounts below!
Favorite Takeaways From This Episode:
- What 3 numbers you should be tracking in your service based business every month.
- How your traffic, leads, and sales numbers affects your business.
- Sales leak: the point in a sales journey with a customer where you may be losing someone.
- Look for patterns in your numbers!
- Setting goals without tracking metrics is like throwing spaghetti at a wall and seeing what sticks.
- “The higher your conversion rate is on a sales call, the less leads you actually have to have in order to generate the same revenue result.”
What Did You Think?
What was your biggest takeaway from this episode? Let us know on Instagram @cubicletoceo.
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Service-based entrepreneurs, are you tired of being on the content hamster wheel + hustling for more followers without more income? I created a FREE, on-demand training just for you on how to use my step-by-step client attraction system to create your first $10K month, WITHOUT a large audience or complicated marketing strategies! Claim your bonus gift by watching now: ellenyin.com/getclients