19 March 2009

income streams

So here are the initial observations of our report. There are significant income brackets which we have stated in the information below. Look at where you are and consider what you need to focus on in order to go forward.

Income Bracket:
$0 - $60,000
Income Streams:
1 Income (eg. PT)
Business Focus:
Week to week activity and business success is judged on the number of sessions held
Work Hours:
60 per week

Income Bracket: $60,000 - $120,000
Income Streams:
3 Incomes (PT, Groups, Product)
Business Focus:
A month to month strategy building a business that can manage 50+ people
Work Hours:
48 per week

Income Bracket: $120,000 - $250,000
Income Streams: Up to 8 incomes (PT, Groups, Product, Coaching, Website, Lifestyle Programs, Seminars, Information Products)
Business Focus:
Annual strategy and a clear set of KPI's. Outsourcing of tasks is common
Work Hours:
35-45 per week

Income Bracket: $250,000 +
Income Streams: Have a business and specialise in one of the 17 income streams
Business Focus:
Business legacy and long jeopardy as a business leader
Work Hours:
Business owners here are hard to track however observations suggest 4 a week with paid travel

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