Are you shy about setting an income goal for yourself?
A good many women entrepreneurs politely don’t talk about money – how much they make, how big their business is, what 
their income goals are. Part of this is that we’re brought up not to discuss money in conversations for fear of coming off as too “braggy” or ostentatious. If you own a business now but once worked for someone else, you were probably told not to discuss salaries with each other. So if you’re shy about having money discussions, it’s understandable.
But you’re in a different ball game now – you own your own business for a reason. And that reason includes making money. Whether it’s a side hustle, part time income or a full blown million dollar plus business, it’s part of the game to set an income goal.
In this short video, I talk about 3 ways setting an income goal for your business helps you. Take a look and see if you agree.
As you can see, writing down your own income goal helps you. I’m curious, have you consistently written down your income goal in the past? What was your experience?
If you would like a great book (it’s older but still timely) about women and money, I highly recommend Barbara Stanny’s book, “Secrets of Six Figure Women” – just click on the title and you can grab it from Amazon (this link is my own affiliate link). Barb has wonderful advice in her book.
Encourage other women entrepreneurs to set an income goal, too. Comfort around money and discussing money is one responsibility we have as entrepreneurs. For more about creating multiple streams of income, check out this article and see if you get a useful idea for your business. And remember that setting an income goal for your business is part of your work as an entrepreneur.
Connie Ragen Green says
February 9, 2018 at 9:40 amGreat post and information here, Sue. When I first came online in 2006 I set a goal to earn $100 a day. It was a bold goal, seeing as how I had never earned a dime online. Then the sales began to trickle in and I realized I needed to raise that daily goal to one that would cover all of my living expenses at that time. The new income goal for me was $300 a day, and within six months I had reach that level and set a new daily income goal of 1K. If I hadn’t begun with the more conservative goal of earning a hundred dollars each day, I may not have been confident enough to go higher.
Connie Ragen Green
Sue Painter says
February 9, 2018 at 8:12 pmThis is an awesome lesson from you, Connie. I can see how setting even your first goal was the gateway to bigger and bigger success for you. Such a cool story, thanks for sharing it.
Sue