UWR 056 Can you serve the number of people you’d need to?

Published: Nov. 19, 2019, 9:43 a.m.

Welcome to Uncover Wealth Radio episode 56. Hi, I'm Annette Ferguson, CEO of Annette and Co and I help online service based entrepreneurs find clarity in their numbers, increase their wealth and have more money in their pockets. So, let's dive in. Hey moneymakers. Today I want to give you a quick tip on thinking about pricing. I want you to have a look at what you want your revenue to be this year. Have a look at what your target revenue is and then I want you to have a look at what your current pricing is and I want you to work out how many clients you need to serve at your current prices to hit your revenue target. Is that actually manageable for you? Can you actually serve that number of people at the level that you want to serve them for the price point they are paying? Is that doable for you or is there something a little bit wonky with the model that needs sorted out? Either moving people to different programmes, scaling differently? What needs to happen in order for you to hit the revenue target? Can you do that with the current setup the way your business is just now? That is a little bit of food for thought. So, thank you so much for joining me and I will speak to you again really soon. Take care. I hope that this episode has been useful to you. I also want to invite you to step into the Uncover Wealth community. This is my private community on Facebook. You can search, Uncover Wealth Community or go to annetteandco.uk/fbgroup. I do a live teaching there every single Tuesday for training Tuesday, and I would love to have you there. Thank you so much for listening. Until next time, let's find the clarity in your numbers, increase your wealth and get more money in your pockets.