Attract the Right Job or Clientele:
Are You Doing the Math?
As I was speaking with a friend today, I found myself doing the math as my brain was calculating figures she relayed. On the one hand, it was stated there was $1500 in the budget to spend on her next project. I took a mental picture of the number. A few paragraphs later, she then went on to say that part of the expense will require $75 per day. Click, click, click…
While she was speaking, I was calculating $75 x 30 for a whopping $2,250 that would be spent in one month, not in three. As my friend paused, I questioned whether she realized that her intent and the numbers literally did not add up. I then joked about my mathematical ability.
The story exemplifies that of many entrepreneurs. We begin on an exciting route with a budget in mind. But at the opposite end are the necessary daily expenditures that need to be met by income. For larger businesses where suppliers, distributors and/or employees are involved, the math becomes more complicated akin to calculus.
Job Seekers and Interviews
As a job seeker, you need to calculate the offered salary against expectations of you for doing the job. For example, is the commute expense or a new phone provided? You need to be doing the math as to whether the position in question will be worth your time.
Monetary Concerns
On top off all of this, it’s important to stay alert as to how you are actually paying your bills in terms of interest rates. Stay on top of all fees incurred as you pay bills. You might need an excel spreadsheet to capture all of the details. Next, investigate other options such as PayPal, Credit Unions and various sized banks to see where you get the most for your monetary investment. It’s necessary to be doing the math in many regards.
The next topic of conversation was the expected monetary return from selling the new services. No one can predict with 100% accuracy how many sales will be made when launching a new service. However, there should be a very good idea in mind as to the size of your most targeted and refined audience for a more accurate “guesstimate”.
The importance for having a reasonable idea of your guesstimate for income is you are then better able to pay attention to new expenditures as you move forward. Improved decisions will be made as to whether to proceed or not.
Pricing: Continue Doing the Math
As our conversation progressed, my last piece of advice was to settle on a reasonable price the first time around and add a complementary venue at a higher fee for those who are more serious about obtaining her help. The warning came to not lower the price after the fact, but to communicate value in every way possible.
Lowering the price does not contribute to this but instead raises concern about the true value. Worse, after the fact, you realize your doing the math would have helped improve matters considerable. Businesspeople find far more reward when they work with people who desire and appreciate the help received.
Related Blog Stories:
Client appreciation comes from the value derived, after doing the math, and belief you are doing everything possible to assist. This is where you enjoy a loyal clientele and the Smooth Sale!
For More Insights: Visit Elinor’s Amazon Author Page
“Communicate to Attract Interest”
Be A Story-Teller
As the CEO of Smooth Sale, after her near-death experience, Stutz adapted the motto, “Believe, Become, Empower.”Nice Girls DO Get the Sale is an International Best-Selling and is Evergreen – among the classics; HIRED! Helped many to secure the job they desired.
Today’s insights are provided to help you achieve the Smooth Sale!
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