I was on one of my weekly calls with my accountability buddy, we were brainstorming our products and service offerings. The question we were trying to answer for our full list of offerings was “Can your idea make $1M per month”?
This is a great question to ask yourself when you are thinking about how to SCALE your business. It makes you think “can I sell ENOUGH” of this product? Is the market even big enough? Am I charging enough? Is it valuable to the consumer?
These questions make you think about delegation, automation, use of time, and making your money work for you.
We listed out ALL of the ideas that we had for our business, including time-intensive, and passive income streams.
So, here are some of the ideas I had and the numbers that would make the math work.
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