3 Ways You’re Making It Harder For Yourself To Make Money
Article is written by Claire Mitchell who writes about mindset and money. She has worked with thousands of ladies on her website, The Girls Mean Business, and she sees the same issues coming up time and time again. Issues that are definitely making it harder for you to make money in your business.
In the article you will find some good advice about how to make money. Here are 3 Ways you're making it harder for yourself to make money:
1. Not Knowing Your Numbers
The first way that women business owners make it harder for themselves to make money is by not knowing their numbers. Do you know yours?
- What it costs you to make/provide your product service including time, materials, overheads like rent, rates, electricity, water and staff
- What you therefore need to charge JUST TO COVER COSTS (this is your absolute minimum, if you’re not covering costs then STOP RIGHT NOW)
- What you need to charge to make a decent profit and give you a business that makes you money.
- THEN CHARGE IT (and put your prices up at least once a year)
2. Not Knowing What You’re Aiming For
The second way women business owners make it harder for themselves to make money is by not knowing what they are aiming for.
''If you’re not sure what you’re trying to achieve then how the heck are you going to achieve it? You need at least some basic targets in your business or you’re just pootling along aimlessly, wondering why you’re not getting any further forward.''
3. Not Setting Boundaries
The third way women business owners make it harder for themselves to make money is by not setting boundaries.
By NOT setting boundaries you don’t protect your work time, you tire yourself out, you fritter away precious time and you wonder why you’re not getting any richer.
Set boundaries. Make your work time count. Get good at getting very productive, very quickly and then have time off in between. Time for you and time for your family. The better you get at this, the easier it will be to build your business, stay sane and make more money.
If you would like to read the whole article simply click on the link here and learn how do it.
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