From the course: Running a Web Design Business: Defining Success
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Mapping financial success
From the course: Running a Web Design Business: Defining Success
Mapping financial success
In this course we're not going to get into all the details of creating a business plan, but I do suggest you carry your core values and your definition of success, into your business planning process, and that includes the financial planning. One of the central purposes of your business, of course, will be to generate revenue and specifically to generate income for you. A lot of the time, I see first time entrepreneurs approaching their pricing and budgeting, with a pretty vague sense of what they want to be earning personally, apart from what the business is taking in. They kind of go something like, well, I guess I'll just try and earn enough to scrape by for the first little while and then eventually I'll get really popular and then I'll be swimming in cash. And while the early scenario may turn out to be kind of accurate. The whole swimming in cash scenario, isn't exactly a given. But do you really have to be swimming in cash, to have a successful life in business? Of course not…
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