One of the questions I get most often from entrepreneurs is this: “Fabienne, how much time do I really need to devote to marketing?” My answer is actually based on math, using existing numbers in your business.
Here’s what you do. Start with your income goal in your business for the next 12 months. So, if we were to have a conversation exactly one year from today, how much would you have made in these next 12 months for you to be happy with your progress? Write that total number down. For example, let’s use $120,000 to make it easy.
Using existing numbers in your business, you can calculate how much time you need to spend marketing. Click here to tweet this.
First, it’s important to break down your yearly goal in a way that’s easier for you to keep track of on a monthly basis. So that being said, how much does that yearly goal translate to per month? (Divide your yearly goal number by 12.) In this case, your yearly $120,000 goal breaks down into a goal of $10,000 per month.
Watch this week’s video strategy to see what to do from here. Follow my proven formula as it applies to your business and figure out if you’re marketing enough.
Your The Leveraged Business Assignment
If you’ve discovered that you need to do more marketing than you’re doing currently, let’s get you out there and start applying the The Leveraged Business System so you can easily attract more ideal, high-paying prospects and reach that yearly income goal. It’s easier than you think!
This is just one of the many best practices based on the The Leveraged Business System that we teach our students of the The Leveraged Business Business School, the premier training school for entrepreneurs looking to quickly attract more clients and make more money. If you’re interested in finding out more, you can speak to an enrollment advisor by emailing firstname.lastname@example.org. I hope you’ll join us soon. See you then!