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View Full Version : How to figure monthly earning goals?
beckyf
03-16-2006, 07:11 AM
Good morning, everyone!
My first package is due to arrive today--I can't wait to see if the scent comes right through the box like everyone says.
In the meantime, I'm going through the training materials, and am
trying to figure out my monthly earning goals according to the figures
that are in the "Roadmap to Success".
I'm usually good with numbers, but I'm afraid I don't understand what I'm looking at here.
I used $1000 per month as my example earnings goal.
1000 divided by .2147=4657.6618.
Then it says to take that figure and multiply it by the percentages given for each month during the first year.
I've done that, but don't understand what the numbers mean. If I write
them below, will someone please help me? Are these amounts we are
supposed to shoot for to SELL each month, or what?
Month 1= 8570.0977
Month 2= 10759.198
Month 3= 13414.065
Month 4= 16767.582
Month 5= 20959.478
Month 6= 26222.635
Month 7= 32789.939
Month 8= 40987.423
Month 9= 51187.703
Month 10= 63996.273
Month 11= 80018.629
Month 12= 99999.998
Once I understand what these numbers are, I'll be able to move the decimal points to the correct position, lol.
I hope a "guru" will be along to shed some light on this! smileys/smiley17.gif
Thank you!
My first package is due to arrive today--I can't wait to see if the scent comes right through the box like everyone says.
In the meantime, I'm going through the training materials, and am
trying to figure out my monthly earning goals according to the figures
that are in the "Roadmap to Success".
I'm usually good with numbers, but I'm afraid I don't understand what I'm looking at here.
I used $1000 per month as my example earnings goal.
1000 divided by .2147=4657.6618.
Then it says to take that figure and multiply it by the percentages given for each month during the first year.
I've done that, but don't understand what the numbers mean. If I write
them below, will someone please help me? Are these amounts we are
supposed to shoot for to SELL each month, or what?
Month 1= 8570.0977
Month 2= 10759.198
Month 3= 13414.065
Month 4= 16767.582
Month 5= 20959.478
Month 6= 26222.635
Month 7= 32789.939
Month 8= 40987.423
Month 9= 51187.703
Month 10= 63996.273
Month 11= 80018.629
Month 12= 99999.998
Once I understand what these numbers are, I'll be able to move the decimal points to the correct position, lol.
I hope a "guru" will be along to shed some light on this! smileys/smiley17.gif
Thank you!
XtremeMOM
03-16-2006, 09:00 AM
Becky, I put in the same number for mine. I think you have to move the decimal point over to the left two places. That will give you better figures. For example, the first month would be $85.70 and so on.
And, yes, I took it to mean that that is what your profit target goal should be every month in order to reach the $1000 goal per month. I'm new though, so I don't know how much help I actually am smileys/smiley9.gif.
Good Luck!!
Becky
And, yes, I took it to mean that that is what your profit target goal should be every month in order to reach the $1000 goal per month. I'm new though, so I don't know how much help I actually am smileys/smiley9.gif.
Good Luck!!
Becky
beckyf
03-16-2006, 11:05 AM
Becky, thank you so much---I completely overlooked this, and I'll bet you're right.
It looks like this is so that we don't get overwhelmed at first, but
that if we keep working STEADILY, by the end of the first year, we
should be making a thousand a month (if that's our goal).
I don't know where they got the formula for this, but it really makes sense.
Aiming for $85.70 my first month is WAY more realistic than wondering how on earth I'm ever going to get to a thousand.
If we break it down, that means selling only approx. 3 jar candles a week in the first month, right?
It looks like this is so that we don't get overwhelmed at first, but
that if we keep working STEADILY, by the end of the first year, we
should be making a thousand a month (if that's our goal).
I don't know where they got the formula for this, but it really makes sense.
Aiming for $85.70 my first month is WAY more realistic than wondering how on earth I'm ever going to get to a thousand.
If we break it down, that means selling only approx. 3 jar candles a week in the first month, right?
ccarroll
03-16-2006, 02:56 PM
Sounds right to me! And that is completely do able! smileys/smiley1.gif
Chris
Chris