Cash Flow Revenue Goal: $4,000Total Revenue: $4,012 (57% increase from last month)Total Expenses: $542 (60% decrease from last month )Net Profit: $3,332.01 (172% increase from last month, woohoo math!)Owner Compensation*: $2,232.08 (61.7% of overall income but this...
I’ve been shouting about pricing for...awhile, and inevitably the same question comes up over and over: “How can I possibly charge $XYZ?! My clients won’t be able to afford that!” Four people sitting around a conference table in front of a TV. A woman is shown on the...
I had the very best intentions for launching the first cohort of Hope You Get Rich, and by best intentions I mean a mildly organized digital whiteboard of ideas and timelines. And then I got shingles. And then I had a reaction to the shingles medication. And...
Cash Flow Revenue Goal: ...didn’t really set one? lolTotal Revenue: $2,548.75 (18% decrease from last month)Total Expenses: $1,322.59 (174% increase from last month LOL)Net Profit: $1,226.16 (60% decrease)Owner Compensation*: $1,239.10 (48.6% of overall income)Profit...
Asian American freelancers face a unique set of challenges that, while not exclusive to Asian Americans, tend to occur in our community at a higher frequency because many of us are immigrants and/or the children of immigrants and because of racial triangulation, aka...
Cash Flow Revenue Goal: $4,000Total Revenue: $3,527.50 (14% decrease from last month)Total Expenses: $481.14 (53% decrease from last month)Net Profit: $3,046.36 (0.4% decrease)Owner Draw: $4,930.04 (cleared out a cash hoard I was sitting on and put most of it into...
Cash Flow Revenue Goal: $4,000Total Revenue: $4,088.75 (32% decrease from last month)Total Expenses: $1,032.64 (40% decrease from last month)Net Profit: $3,056.11 (29% decrease)Owner Draw: $1,500 I adjusted my monthly goal down from last month because I knew I’d lose...
I love time-tracking. I started my business in 2017 with an eight-month-old baby at home. And I basically only could work during nap time, if there was a nap time that day. So I had to be really efficient and make sure that I was getting the most value out of the...
Cash Flow Revenue Goal: $5,000Total Revenue: $5,965 (55% increase from last month)Total Expenses: $1703.18 (46% increase from last month)Net Profit: $4,261.82 (57% increase)Owner Draw: $3,500 This was almost a record-breaking month in terms of revenue. At the same...
A perennial question for most freelancers is, “How do I get more clients?” After awhile, the question shifts slightly to, “How do I get better clients and bigger projects?” Getting more and better freelance clients requires optimizing all parts of your business, not...
When I worked in real estate, the adage, “Location, location, location,” was often overruled by “Pricing, pricing, pricing.” The team I worked for, all experienced realtors, knew that entering the market at the right price was key to getting the best offer for the...
Cash Flow Revenue Goal: $4,000Total Revenue: $3853Total Expenses: $1167.37Net Profit: $2,685.63Owner Draw: $1500 This was a relatively expensive month. My business typically has very low overhead, but quarterly taxes were due January 15, I paid a contractor to design...