Smart Women Smart Solutions

  • Home
  • Retreats
  • About
  • Services
  • Podcast
  • Speaking
    • Media
  • Rave Results
  • Blog
  • Contact

3 Simple Steps to Kick up Your Income in 2014

November 21, 2013 | By Joy Chudacoff Leave a Comment

11-21-13Article CalculatorWith only 41 days left in this year, now is the perfect time to plan your income goals for 2014 so you can enjoy the holidays and cross the threshold into the New Year with a confident plan of action.

For those of you who find looking at your numbers similar to running nails down a chalkboard, you may find some resistance to this process, however I can guarantee this is time well spent and a bigger income can be yours if you follow this simple, easy process. This will take the guesswork out of how to achieve a big, bold income leap next year.

Grab a piece of paper, a pencil and a calculator (or your smart phone) and take yourself through the three steps below:

Step 1: Determine your current income stream – List all your services and products you currently offer to your clients. Look back over this year and calculate how many of each service or product you sold to clients or customers. Next, write down the price or investment on each product or service that you offer. Once you know how many products and services were sold and at what price point, you can calculate what your income was so far this year. If you have a bookkeeper or use a bookkeeping software (highly recommended), this step can be done in a matter of minutes.

Step 2: Determine your desired income stream for 2014 – Take a look at your current income. Are you satisfied with that number? Would you like to increase your income for 2014? Decide what you’d like your income to be in 2014 and write that number down. Now, subtract your current income in step one from your desired income goal in step two.

Step 3: Close the Gap – Now that you have done steps one and two, you have the “gap” number or the difference between your current income and your desired income. Your goal is to simply close the gap. For example, let’s say your current income stream is $100,000 and you would like to increase it in 2014 to $150,000. 00. The “gap” is $50,000.00. Now comes the fun and creative part. We entrepreneurs don’t love the numbers – we love to create, right? Now is the time to think about what new services or products you can offer in 2014 that will close the “gap” for you and make your desired income a reality.

Give some thought to new, fresh ideas that will be fun for you to create and implement. Choose the ideas you know your clients and customers need and want. Feeling a little stumped? Consider doing a survey to your list and/or call on current clients. Ask their opinion about what they would like to see you offer next. Research the market online to find trends that are happening in your industry. The key is to avoid making decisions in a vacuum. This is a critical time to reach out and talk to positive, successful people about what’s next for you in your business.

I invite you to do this exercise now so you can enjoy your holidays with ease and stride confidently into 2014 with a plan of action.

Anything is possible. Everything is waiting for you.

*****
© 2013 Joy Chudacoff

WANT TO USE THIS ARTICLE IN YOUR E-ZINE OR WEB SITE? You can, as long as you include this complete blurb with it:  Joy Chudacoff, ICF, PCC, is the founder of Smart Women Smart Solutions®, a Professional Certified Coach to 1000’s of women, Motivational Speaker, and Entrepreneur.  She publishes a weekly buzz generating ezine, Reflections On Life and Business for Women Entrepreneurs.  If you’re ready take your life and your business to the next level, get your FREE Tips, 2 FREE Reports and FREE MP3 now at Creating The Spark.

Share This:

  • Facebook
  • Twitter
  • LinkedIn
  • Pinterest

Filed Under: Smart Women Articles Tagged With: bold income leap, business, close the gap, goals, income, income stream, Smart women, success

About Joy Chudacoff

Joy Chudacoff is the leading expert for business success and design for women. Founder of Smart Women Smart Solutions®, Joy specializes in guiding already successful businesswomen from where they are to where they want to be.

Leading by shining example, Joy provides guidance and support to help women live their greatest desired potential. Joy is heralded as “The Coach for Women” in the millennium and she has x-ray vision when it comes to helping women discover their big ideas, dreams and goals. Joy draws from her own life and business experience to lead women in achieving success personally and professionally — on their own terms. Whether you are a new business owner or have been in business for a few years, Joy has easy, proven programs that you can take advantage of to get everything in life that you want and deserve.

Share Your Comments & Feedback: Cancel reply

Your email address will not be published. Required fields are marked *

Categories

  • ALIGN online Group Membership
  • Audio Messages From Joy
  • Big Ideas & Goals
  • Business Luncheon – Local in Los Angeles
  • Business Success
  • Business Tips
  • Business Tools
  • Business Transformation
  • Coaching
  • Coffee With Joy – Thursday Lives IG
  • Creativity
  • Entrepreneurship
  • Events
  • Finding Joy Masterclass
  • Have The Life You Love!
  • Inspirational Messages
  • Interviews
  • Joy's Favorite Reads
  • Joy's News and Updates
  • JoyScopes
  • Membership Program For Women in Business
  • Planner
  • Podcast
  • Possibility Thinking
  • Products
  • Realizing Your Dream
  • Recommended Reading
  • Relationships
  • Smart Women Articles
  • Smart Women Video Articles
  • Spotlight on Success with Smart Women
  • Success Circles
  • Teleseminars & Teleclasses
  • The Honey Chronicles
  • Where is Joy speaking?
  • Women's Wellness
  • Workshops and Retreats
  • Your Inner Voice
  • Connect With Joy:
  • Facebook
  • Twitter
  • LinkedIn
  • Instagram
  • Vimeo

Strategy & Consulting

Imagine… finally discovering someone who truly cares about your success and believes in you. Someone who has the knowledge and a step-by-step approach to help you get clear, confident and focused on your vision and dream as a woman entrepreneur. Learn More

Recent Blog Posts

  • Are You Hiding?
  • What Are You Expecting?
  • Kimberly DeShields-Spencer – Founder & CEO of Behind Her Brand
  • Women’s Wellness Week: Jumpstart Your Feel Good
  • Trish Healy – The Mission of Wonder

We’d Love to Connect!

We're here to help you get results and increase profits without burning out! Call us at 310-454-2005 or email us to learn more about how Joy's services can help you in your business.

Smart Women Smart Solutions

Copyright © 2022 Joy Chudacoff, Smart Women Smart Solutions®. All Rights Reserved. | Privacy Policy | Disclaimer | Contact