A New Way to Calculate the Same End Goal
Got a goal to raise $100 mm+ this year?
Dig it. Big enough, slightly scary
To actually hit it tho, change your thinking
When you set a big dollar based goal
AUM, revenue, profit, etc
It's easy to freak the f out a little
(We need to raise $100, $200, $300 million this year
Ahhhhh everyone go and doooo)
Slow your roll friends
Let's stop and think
Get to the root of your $$ goal
Don't divide the dollars by the months
Don't time value, amortize, discount CFA complicated math thing
(I see you smarties ๐)
The root of a dollar based goal
Is the people behind it
Instead of how many dollars you need
Calc how many clients you need
Focus on the people
The dollars take care of themselves