Day 7: Income Goal

Today is day 7 of my journey to wealth. Aside from launching and tweaking...and tweaking...and tweaking...the consulting site, I have devoted most of my free time to thought and planning. Thought about business, goals, mission statements, forecasting, etc.

Sales Forecasting has been the hardest part of the business plan, by far. My obstacle is, how do you forecast sales when you have never been in business before, are unsure what clients you will have, and what their marketing budgets will be like. It is a game of unknowns and I am the key player.

I talked to Ally son about it. She had some good advice. To sum up and paraphrase: Don't stress the forecasting during the first year. Just set realistic personal goals and jump in. Things will happen, things will work out. For my business model, this is good advice.

My sales goals are to generate at least $2,000 a month in profit. This will feed us and meet our basic (and I mean only basic) living expenses. Anything on top of that would be lovely.

4 months until May!!!