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Articles >
Personal Development >
How to Create a Powerful and Motivating Bold Money Goal
By
Kendall SummerHawk
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Articles > Personal Development > Vision, Goals and Plans
Most business owners would love to double their income but when they think about going from where they are now to their new number they either think too small, panic, or go blank.
It's as if the gap between their current reality and their goal number is just to big of a leap to make all in one jump. They quickly become discouraged and time goes by without seeing any real change in how much they're making.
I used to struggle with this too until I created a simple solution that has resulted in helping me nearly triple my income into the high 6-figures in just one year (and be on track to reach 7-figures this year).
The system I created is called your "Bold Money Goal." The concept is simple and has worked for hundreds of my coaching club and Platinum members who happily see their monthly in-come skyrocket!
Here are 4 tips you can use right now to leverage this powerful tool:
Tip #1 Choose a short time frame
Short time frames give you focus and create momentum. Plus, they're fun and exciting! I prefer a 30 - 90 day Bold Money Goal time frame to get you to stretch your thinking and spark your creativity as to how you're going to reach your Bold Money Goal. Short time frames are also powerful because they cause you to take big, measurable action rather than procrastinating because your goal seems fuzzy or out of reach.
Tip #2 Pick the right new amount to bring in
Aim too low and you're unlikely to make any significant changes or progress with your business. But aim too high and the amount can feel so far out of reach that it doesn't feel "real." I recommend choosing an amount you want to make that is anywhere from 40 - 50 percent more than you currently bring in.
Tip #3 Go for the low hanging fruit
You don't have to suddenly add entirely new services or products to your business to reach your Bold Money Goal. In fact, I advise to look for the low hanging fruit that's just waiting for you to pluck it off of the money tree.
Low hanging fruit are typically services and products you already have that can be dusted off, re-launched, re-titled or expanded. Try also offering a teleseminar, program, a group or a private service focused on a single topic that your database commonly struggles with. One of my Platinum clients did this and within a few short days had nearly 400 people signed up for one teleseminar!
Tip #4 Be open to new strategies for achieving your goal
The power of the Bold Money Goal isn't just to bring in the bucks (although that IS important!). It's to help you make a big leap forward in expanding what's possible for you and your business. Be open to doing something in a new way, a bigger way and certainly, in a bolder way so that the rewards of achieving your Bold Money Goal continue to grow.
Creating and achieving a Bold Money Goal every 30 - 90 days will help you "chunk down" your ideal income in a way that will help you reach it faster and easier than you've every thought possible!
About the expert(s):
| Award winning small business expert Kendall SummerHawk is the "Horse Whisperer for Business." Kendall delivers simple ways entrepreneurs can brand, package and price their services to quickly move away from "dollars-for-hours work" and create more money, time, and freedom in their businesses. For free articles, free resources and to sign up for her free audio mini-seminar "7 Quick and Simple Tips to Brand, Package and Price Your Services for More Money, Time and Freedom in Your Business" visit http://www.kendallsummerhawk.com |
© Copyright 2008, Kendall Summerhawk
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