How to Get from $50 to $100,000 in Your Business

We’ve discussed why it’s vital to know the “why” behind your business – The ultimate, overarching goal.

This goal is the “endgame” driving you to keep going.

But this end goal needs to be broken up into realistic steps.

If your goal is to pay off the $100,000 you still owe on your house, for example, but you’re currently only making $50 per month in your business, it isn’t realistic to think you are going to reach that $100,000 goal overnight.

You need smaller, more manageable goals that will function as dominos putting you closer and closer to that ultimate goal.

Here’s what I mean when I mention “dominos.”

It’s said that a domino can knock over another domino 1.5 times its size. So if you have a 2-inch high domino, it can knock over a 3-inch high domino, which can knock over a 4.5-inch high domino, and so on.

If you continue ramping up your domino sizes, after 13 dominos you could knock over a 14-foot high domino. And after 29 dominos you could knock over a domino the size of the Empire State Building.

This idea holds true in the breakdown of your goals. In the above example, the $100,000 goal is your Empire State Building. What are the 20 or 30 (or more!) steps that you can take to slowly ramp up and get to that point?

If you’re currently at $50 per month, maybe the next goal is to get to $100 per month. Then maybe it will be $200.

If you’re consistently working your way up and making realistic (while still challenging) goals, setting the bar a little higher each time, you can eventually hit your end goal.

Approaching your business in this way can help you not to become overwhelmed by seemingly impossible goals. “Inch by inch, life’s a cinch,” or so the saying goes.

So consider taking a moment today to think about your ultimate goal for your business, and think about where you currently are. Map out a potential plan with 20 or 30 incremental steps of how you might get from A to B. (Don’t get stressed out about this because you can always change these later!)

Whatever your next step is on your list, do what you need to do today to get to that point. And if you keep doing that as you slowly tackle these goals, you may be surprised at how far you go!

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