{"id":83320,"date":"2021-05-25t15:00:20","date_gmt":"2021-05-25t19:00:20","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=83320"},"modified":"2022-12-22t00:43:07","modified_gmt":"2022-12-22t05:43:07","slug":"how-much-are-your-clients-costing-you","status":"publish","type":"post","link":"\/\/www.g005e.com\/2021\/05\/25\/how-much-are-your-clients-costing-you\/","title":{"rendered":"how much are your clients costing you?"},"content":{"rendered":"
<\/a>calculate your opportunity number to figure who\u2019s worth your time.<\/strong><\/p>\n by sandi leyva<\/em><\/p>\n each of us has 24 hours in one day. most of us have annual revenue goals. a few of us have monthly, weekly, daily or even hourly revenue goals.<\/p>\n more on small-firm growth strategies:<\/b> spend your time on the most profitable tasks<\/a> | seven performance boosters for your firm<\/a> | 12 ways to stress less this busy season<\/a> | who\u2019s offering your clients ppp services?<\/a> | add these money-making rituals to your work day<\/a> | stuck at home right now? here\u2019re 100 good ideas to relieve the stress<\/a> | tech tools for working through the coronavirus<\/a> hopefully you know what your revenue goal is. (if not, you should!) if you don\u2019t pull in that level of revenue for the week or month, then you\u2019ve missed your plan. now what if four out of five people who contacted you about your services were ready to pay you $200 for a one-off job? you might spend an hour speaking with them and 10 minutes on their contract, with your team spending an hour on legal and accounting compliance. you or your team perform the work; then the client has another hour of questions. you just lost $1,000 on a $200 job. it\u2019s just better not to take it.<\/p>\n instead, how about if you spent those couple of hours on a $50,000 proposal? even if it takes you 10 times as much time to finally close the deal, it\u2019s time well spent. spending $5,000 to win a $50,000 deal is time well spent. the problem is we don\u2019t look at unbillable time that way. we usually just chalk it up to overhead.<\/p>\n here are a couple of tips to think about when you are considering a new project or new clients.<\/p>\n what\u2019s your opportunity number?<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":"
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\nlet\u2019s say you want to generate $1 million in sales for the year. on average, you need to pull in $20,000 a week. that\u2019s $4,000 a day.<\/p>\n\n