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The Lifestyle Practice Revenue Generator Model
I'd love to take you through what I call the lifestyle practice revenue generator model. There's really just three three equations. And they're already at line. So equation number one is personal income. If I want 100,000 in personal income, then I need to make an assumption about the margin that the business operates on. Let's just say we pick a 50% margin and gets this research could tell you what number to put in there. You were 50 as as a solo advisor, probably 50 to 70%. Yeah, a little higher if you want to work with a small number of affluent clients and a really tight bunch. Right? That comes up with revenue of the 200,000