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Here’s a hard truth you need to hear:
Before there is money, there is math.
In order to create all the wonderful things I have today…
A beautiful, spacious home, a team of domestic support, and a great education for my children…
Plus, a 57-acre horse ranch where I can live with no intrusions aside from the gentle sound of birds and ponies whinnying in the distance…
Before I could have any of that, I needed to do some math.
Everything I’ve ever earned started first with a vision. And that vision was accompanied by mathematical calculations that helped me determine how I’d get there.
If all this math talk makes your palms sweat, I get it — especially if you identify as a woman. Research reports that growing up, girls tend to have lower confidence and higher anxiety than boys do when it comes to math.
Because society is constantly telling us that all these numbers are just not for us. That we shouldn’t worry our pretty little heads about it.
But research also tells us that women investors have been outperforming their male counterparts for more than a decade.
So, take a deep breath, and stick with me here, because you can do this — you can do the math you need to uplevel your entire life.
Let’s take a look at some Million Dollar Math.
Imagine you’re a Nutritional Therapist, and your goal is to make a million dollars in your business in one year.
To reach your goal, you need to make some calculations.
Right now, your 1:1 sessions cost $200. That means you’d need to sell… *tap-tap of calculator buttons*... 5,000 1:1 sessions in a year to hit a million.
Sheesh! That’s a lot of therapy. Like, an impossible amount of therapy, in fact.
So, what are your options? Well, you could raise your price to $500 per session. Then you’d need to hold 2,000 sessions in a year.
Still a lot, but you’re onto something here, aren’t you?
If you raise your price to $1,000, you only need to sell 1,000 sessions. $2,000? 500 sessions. And so on, and so on.
Okay, this is promising. But now you’re wondering if there might be another way to swing it.
What if you shifted from working session-by-session to an online membership model where you provide on-demand content for your clients?
Back to the calculator. If you had 2,000 members who stuck around for 12 months… you’d need to charge them $42 a month to hit a million in one year.
What if you had 1,000 members? Then you’d need to charge $83 a month for a year. And 500 members? Bump it up to $167 a month. And so on, and so on…
Easy peasy, right?
By doing the math, you break down the big-picture goal of becoming a millionaire into smaller parts, so you can build out a concrete plan to keep you on track and actually make it happen.
And suddenly, the path to millionaire status is clearer, and therefore more possible.
Ahhh, the sweet clarity of calculation.
Consider how much you want to make, and by when, and calculate how your pricing structure and business model can shift to support those goals.
Maybe you need to double, triple, or even quadruple your prices to reach your yearly goals. Or maybe you need to work on increasing your client base, or shifting your business model to get there. Maybe you need to do all of those things.
Whatever you decide to try, remember: Millionaires don’t just set goals — they make plans. And they do the math necessary to bring those plans to fruition.
And if you need some help defining those yearly goals for your business and your life…
Or putting price tags and timelines on your dreams…
Or figuring out exactly how to make those dreams reality...
And while you’re waiting for the doors to open again, let me know…
What big things will a little math create for you? Drop me a comment below with your Million Dollar Vision — I’d love to hear about it!