My SIMPLE Formula to Plan My Monthly Projections

Episode 146 of the The Journey with Zakk Colburn podcast, hosted by Zakk Colburn, titled "My SIMPLE Formula to Plan My Monthly Projections" was published on August 22, 2022 and runs 5 minutes.

August 22, 2022 ·5m · The Journey with Zakk Colburn

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Summary

Apply for The Personal Trainers Business Incubator: https://zakkcolburn.typeform.com/to/UDoxri Instagram: https://www.instagram.com/zakkcolburn/ YouTube: https://www.youtube.com/c/ZakkColburn/videos The Journey Podcast: https://open.spotify.com/show/6T4hYvQB8CAVzpXn6tLzVm My Book Cutting Strings on Amazon:   https://www.amazon.com/gp/product/B0933MQRCZ?pf_rd_r=AKKS5XHRQV63Z1FVP9A7&pf_rd_p=5ae2c7f8-e0c6-4f35-9071-dc3240e894a8&pd_rd_r=972d9327-8a84-44ca-9bb1-a1fa78ec2cf2&pd_rd_w=oYdeY&pd_rd_wg=RZ2Xw&ref_=pd_gw_unk Tell me if you have heard this before, someone you know is running a business and they have this plan to earn a LARGE amount of money through said business. Although, when you ask them what their plan is, they freeze up and say, “uh”. You can’t make money and scale as a business without a plan, right? Just like you wouldn’t go camping without the needed survival equipment, you need to understand what your goals are and how you are going to achieve them. A great way to do this is by setting goals at the beginning of every month. I set monthly projections with my company at the beginning of every month because this allows both myself and my team to know what we are trying to achieve that month. It’s also super helpful because it helps take the goal out of the hands of fate and proceeds to place the goal in my hands, thus allowing me to really work for the goal and achieve it. Now to help you with planning your monthly projections I have a simple formula for you. It’s “expected/recurring revenue” minus “your wanted revenue” equals “your goal for this month”. This will show you exactly how much money you need to make in this upcoming month to make your monthly projection a reality.

Episode Description

Apply for The Personal Trainers Business Incubator:

https://zakkcolburn.typeform.com/to/UDoxri

Instagram: https://www.instagram.com/zakkcolburn/

YouTube: https://www.youtube.com/c/ZakkColburn/videos

The Journey Podcast: https://open.spotify.com/show/6T4hYvQB8CAVzpXn6tLzVm

My Book Cutting Strings on Amazon: https://www.amazon.com/gp/product/B0933MQRCZ?pf_rd_r=AKKS5XHRQV63Z1FVP9A7&pf_rd_p=5ae2c7f8-e0c6-4f35-9071-dc3240e894a8&pd_rd_r=972d9327-8a84-44ca-9bb1-a1fa78ec2cf2&pd_rd_w=oYdeY&pd_rd_wg=RZ2Xw&ref_=pd_gw_unk

Tell me if you have heard this before, someone you know is running a business and they have this plan to earn a LARGE amount of money through said business. Although, when you ask them what their plan is, they freeze up and say, “uh”. You can’t make money and scale as a business without a plan, right? Just like you wouldn’t go camping without the needed survival equipment, you need to understand what your goals are and how you are going to achieve them. A great way to do this is by setting goals at the beginning of every month. I set monthly projections with my company at the beginning of every month because this allows both myself and my team to know what we are trying to achieve that month. It’s also super helpful because it helps take the goal out of the hands of fate and proceeds to place the goal in my hands, thus allowing me to really work for the goal and achieve it. Now to help you with planning your monthly projections I have a simple formula for you. It’s “expected/recurring revenue” minus “your wanted revenue” equals “your goal for this month”. This will show you exactly how much money you need to make in this upcoming month to make your monthly projection a reality.