Calculator, Growth
What does your income goal really take?
Start with the take home pay you want and work backward to the sales and leads it takes every month.
Yearly revenue needed
$520,000
in yearly revenue
- Sales a month
- 18
- Leads a month
- 70
- Pre tax profit needed
- $200,000
- Gross profit needed
- $260,000
- Sales per year
- 208
Turning a number into a plan is what the Mentor Pods program is for.
How this works
Pre tax profit is your take home goal divided by one minus your estimated tax rate. Gross profit needed adds your yearly overhead and fixed costs.
Revenue needed divides gross profit by your gross margin. Yearly sales divide that revenue by your average sale. Monthly sales divide yearly sales by 12 and round up. Monthly leads divide monthly sales by your close rate and round up.
Assumptions: You are the only owner and your pay comes out of profit. The tax rate is a simple blended estimate, not tax advice.
Next step
Turn the goal into a monthly operating plan.
Once the sales and lead targets are clear, you can build the system that reaches them.