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"System
"Project
Project or Revenue Process System
How much money do you want to make next year? Income Goal: _____________
Divide that number by 52 weeks
Weekly Goal: _____________
Divide that number by 40 working hours
Hourly Goal: _____________
The resulting number is the value of your working hour. In order to hit your goal you have to create that much profit per hour. Notice I said profit, not gross. In order to earn that figure you will have to gross 3 − 5 times that amount.
Example:
Year Goal: $100,000 Weekly: $1,924 Hourly: $48
In order to take home $48 per hour you must gross 3 − 5 times that amount. That will not happen if you are spending those hours on tasks that can be done for $10 an hour.
This month, our system is to clearly define what tasks will earn you your goal income and what tasks are pulling you away from that goal.
The Project or Revenue Process form will walk you through the primary tasks that need to be done each week. It will help you to determine what you need to do and what you need to outsource or delegate. Next month we will continue building this important system.