When exactly do you know that it’s time to simplify your business?
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There are so many things in your business that require your attention. It can be hard to know what to prioritize, when, and at what stage of growth.
But I can tell you that learning how to simplify your business is a skill that should be prioritized now, not later.
In this episode, I dig into why now is the best time to simplify your business. But in this blog post, I want to share more on how to prepare for the transition to simplify your business the right way.
The Myth of Business Burnout
Most solopreneurs assume they have to wait until burnout is happening before they can simplify their business – but that couldn’t be further from the truth.
Waiting until you’re on the verge of burnout or quitting your business altogether makes it so much harder to salvage your business. When you’re at this stage, you’re in survival mode – scrambling to gather data and make changes to save your business.
The problem with this is that you put yourself in survival mode and unnecessary pressure on your business to save you – which is a recipe for disaster.
Simplifying your business should be a priority WAY before you get to this point.
In fact, the best time to simplify your business is actually where you’re at right now – on the verge of making your first $100,000 in revenue.
Preparing to Simplify Your Business
Once you know that you’re at the right stage to simplify your business, you have to make sure you’re prepared to make the transition.
On sales calls for my Private Coaching program, I walk you through the Six-Figure Solopreneur Assessment.
This is the assessment that ensures that you’re in the right stage to simplify your business and have the key foundations in place to make the transition to fully cross over the six-figure mark, burnout-free.
There are several ways that it can look to simplify your business.
The Six-Figure Solopreneur Assessment
Here’s what’s included in the Six-Figure Solopreneur Assessment:
First, we take a look at the state of your business’ three foundations: market your services, sell your offers, and service your clients.
Some questions that you can consider to gauge how healthy this is include:
- Do you know how to create offers?
- Have you successfully marketed these offers?
- Have you sold these offers?
- How have you serviced your clients inside these offers?
During the sales call, we also look at what your business data says. The most crucial data point we look at together is whether you’ve generated at least $50,000 in business revenue.
This indicates that not only do you know how to create, market, and sell your offers, but that you have enough data gathered for the simplifying process to benefit you.
With all of this in place, you’re in the best place to simplify your business.
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