Channon Bailey
Channon Bailey
S1 EP 19: Are $10k Months Right For You?
S1 EP 19: Are $10k Months Right For You?
S1 EP 19: Are $10k Months Right For You?
Thursday 1st December 2022
Channon Bailey shares why aiming for $10k months might not be ideal for entrepreneurs. Learn his insights on setting realistic goals and building a sustainable business.
13 minutes
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About this podcast
Author:
Channon Bailey
Overview:
Categories:
Entrepreneurship for Personal Growth
Relationships & Community
Sexual Stigmas & Myths
Mindfulness & Emotional Wellbeing
Religion & Spirituality
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Episodes:
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Get the buttons here!Rethinking $10k Months: Channon Bailey's Business Wisdom
It all depends, and a lot of times with that. Yeah, what you got to think about, though, when you go into businesses, that doesn't mean I'm pocketing six figures into my own pocket every month or every day, every year, because a third of that's like shipping, a third of that is the supplies and printing.
Why do so many online influencers push the idea of making $10k a month? Channon Bailey has a bone to pick with this popular goal. In this episode, he dives into why aiming for those magic $10k months might not be the best move for your business. Speaking directly to both new and seasoned entrepreneurs, Channon challenges the conventional wisdom and offers a fresh perspective on setting revenue goals.
Instead of chasing after arbitrary numbers, Channon urges you to consider the bigger picture. Have you thought about your expenses, overhead costs, margins, and payroll? These are crucial factors that can make or break your business. By focusing on realistic revenue targets and diversifying your income streams, you can avoid the pitfalls of false promises and unrealistic expectations. Channon also stresses the importance of staying true to your vision and maintaining hope, even when the going gets tough.
He believes that success isn't just about hitting big numbers; it's about building a sustainable and fulfilling business that aligns with your values and goals. Whether you're a veteran business owner or just starting out, this episode is packed with valuable insights and actionable advice. Tune in to hear Channon Bailey's unique take on what it really takes to achieve success in the business world.