To hit a million-dollar revenue goal, pick your price and work backwards to find how many units you need to sell monthly. Selling 1,000 items at $1,000 each means roughly 80 per month. The math is simple; everything else is just execution.
Making $1 million in your business is a lot easier than you think, but most people highly overcomplicate it. Here's the reason why. It's a math problem. I want you to think about this for your business. You know, if you want to do $1 million in your business, let's say you sell a million-dollar item. Well, guess what? You have to sell one item in the next 12 months. If you decide, well, you know what, I have a— I sell things for $1,000. Well, then you need to sell 1,000 items. You need to do the math. How many items is that a month that you need to sell in order to get there? And that's around 80 items a month. When you do the math and you reverse engineer it, it helps you get there a lot quicker. Now, this is where most people get it highly confused. I want you to think about doing the math for your business. Take the time to think about how do I get to $1 million? How do I get to $2 million? Look at the pricing of what you sell, whatever that pricing might be, whether you sell something for $20, $200, $2,000, or $20,000, or even $200,000. At the end of the day, do the calculation, do the math, because that will get you there. I watch people write down many times that they want to get ahead and get to a million-dollar business, but the math doesn't 1000 maths, as my friend of mine says. Make sure you do that. Take the time to calculate how many items you need to sell a month or a week or per quarter in order to get you there.
