Break Down Your Business Plan

Having decided on my 5 streams of income – plus list building – I needed to make more detailed plans so I would know exactly what to do to achieve these goals. The first thing I did was better define what was required to achieve each of these streams.

For example, one stream of income was paid teleclasses. So, I asked myself how many participants at what price I needed to attract each month to make the amount of income I wanted for this income stream. I did this for each of the five streams to make it very clear what I needed to accomplish to earn the monthly income I wanted.

What’s the Plan?

2010 BullseyeWell, it’s late February now. How are those New Year’s Resolutions going? I’ve never really liked making resolutions in January because we all expect to break them almost as soon as we make them. So why bother?

I’m sure you received many emails at the beginning of the year, as I did, expounding on the virtues of establishing goals for your business this year. I, as usual, chose not to go through the exercise at that time. But that doesn’t mean I don’t believe in setting goals. I just don’t think we should reserve the process for January 1st.