All in ADHD Entrepreneur
Here’s the good news: you don’t need to make much money to start using Profit First. Implementing it early in your business can set you up for long-term success, ensuring you build a sustainable business from the ground up. Let’s break it down step by step. These steps can feel like a lot, but the reward is worth taking action.
There’s no perfect first step, and you won’t find your path until you start taking action. And even when you do dive in and start your business, it’s going to change as you learn and grow. So, how do you even get started when you have a million business ideas are stuck in analysis paralysis? You’re in the right place! I’ve got a handful of steps to get you out of freeze mode.
Figure out how many hours you can work in a week or month and then use that to calculate how many clients you can take on or how many products you can create. And don’t forget to include an estimate for non-client tasks and admin work in your numbers too. Knowing this number will help you figure out how to price your services so you’re not working around the clock just to make ends meet.
But raising your prices is a part of being a business owner, so I’m here to help walk you through how to make it happen. The need to increase prices can happen for various reasons, whether due to increased costs, expanding your services, or simply aligning with the value you're providing. Price adjustments are an essential part of running a sustainable business. So, if you haven’t done a price increase in more than 12 months, it’s time to consider it seriously.
From personal experience the level of clients you welcome into your business gets higher as your pricing aligns with the value and impact you have on those that you work with! It is so strange, but the number and level of clients I welcomed into my business have really demonstrated this to me!
Once you start understanding your finances, you’ll find that a lot of the fear and anxiety starts to fade (I know it seems too good to be true, but trust me, I see it all the time with my clients). You’ll feel more in control, more empowered, and more prepared to take on the challenges that come your way. And here's the kicker: when you're not subconsciously holding yourself back, you open the door to more opportunities and more income.
