Are you in a perpetual state of uncertainty about the source of your next bit of income? If so, let me introduce you to a game-changing tool set for financial freedom. You’ll attract a steady flow of income for your business when you make friends with these two!
There are many glorious reasons to start your own business.
You may want to do something you love doing.
You may want to be your own boss or work during the times that are optimal for you.
You may want to have more time to spend with your family.
I would venture a guess that all of the above are true.
And, let’s not forget another prime motivation for becoming a legacy entrepreneur… financial freedom.
If you are one of those bold souls who has made the decision to create your own business, you may have already discovered the importance of goal-setting.
When you want to do what you love, but you also want financial freedom, goal-setting is imperative. I am referring specifically to setting financial goals.
The most effective practice is to have a monthly financial goal.
(Statistics have shown that 30-day goals are optimal). And, of course, if you are serious about reaching your goal, you have to track your income.
There, in a nutshell, is the dynamic duo of growing your business:
- Setting monthly income goals.
- Tracking your income daily.
If you hang around me long enough, you’ll hear me say that money likes to be paid attention to. That truth certainly applies here.
When you pay attention to your money by using this dynamic set of tools, you will see your money grow.
This is what is going to make you successful as a legacy entrepreneur.
You will also avoid the anxiety of guessing about the origin of your next big chunk of change! That’s because when you have a goal established, and you are tracking your income daily, there’s no guessing about how close or far you are from your goal. If you find you aren’t on track to meet your goal, you will be inspired to get creative about getting on track.
It’s a much better M.O. than randomly putting efforts in various directions. So get goaling!