One of the hardest things when it comes to planning for growth, is estimating your future revenue and setting goals around how much you’ll grow month on month and year on year.
Business owners and leaders crave predictable, profitable growth.
But, most people who have been in business for even a short while, know from experience that there are a lot of variables outside your control, which makes it extremely difficult to plan ahead with confidence.
It also makes it extremely difficult for many entrepreneurs to spend money with confidence on things like advertising or other strategies to generate that growth.
What then happens, is business owners proceed with a high degree of caution and are very conservative with their marketing investments – not wanting to risk too much money until they have proof that their ads or other activities are getting good results, and assuming that they’ll then be able to scale up in time to achieve their goals.
Unfortunately, this rarely produces the results that they’re after, which then dents the business owner’s level of confidence and their motivation to keep at it.
For starters, they often don’t go out with the right mix of channels required to get the best results.
There’s also a commonly-held misconception that you can never guarantee any kind of specific result when it comes to your digital marketing.
However, as the business owner, or if you work with a marketing specialist that does work across all of those channels to implement whole-of-business growth strategies, then there are ways to be able to predict your revenue and profit growth with a high level of accuracy.
And in 2024, with the state of our economy right now, net profit growth is probably far more important than top line revenue growth.
So if you don’t master this, you will definitely struggle more…
So today on the show, I’m going to walk you through the revenue growth modelling method I’ve developed that leads to much more accurate growth predictions and overall better results, both in terms of revenue and profits.
If you’d like help to achieve your goals in 2024 I invite you to have a chat to find out how we can make that happen together.
https://productpreneurmarketing.com/lets-talk/
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