Storage Wins EP295: Tips for Getting Off the Revenue Roller Coaster (& What You Must Do Immediately)
Alex recently hired someone off of Fiverr to help aggregate his data so that he could better detect patterns in his business. After a three-year analysis of his business, he discovered some very interesting things and has some possible solutions for it. On the show. Alex encourages you to do this exercise as well to see if you can optimize and improve the way you do business!
Key Takeaways:
- Alex loves helping his clients succeed in their real estate businesses! He takes on a client or two per quarter.
- Alex did some number crunching in 2017 and 2018 to see if he can discover any patterns.
- By the way, you should always track how much revenue you've generated every single month.
- The data is only as good as your being able to read it.
- He noticed that the team had some very, very good months, and some not so great months.
- Ideally, you want to track how much revenue was generated during a three-year period.
Mentioned in This Episode:
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Tweetables:
"Don't accept slow months, but do plan for it and have a contingency plan in place."
"One of the things you can do is budget as if it's a 10-month year instead of a 12-month year."
"Make informed decisions that are going to help you so that you're not constantly riding the revenue roller coaster."
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