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.