🎉 FIRST "TALK IT THRU THURSDAY" SUCCESS!
What Happened Today We had our inaugural "Talk It Thru Thursday" session and it was AMAZING! Michelle joined as our very first participant (she's getting a special certificate for being #1! 🏆), and we dove deep into some powerful goal-setting and business strategy concepts. Key Topics We Covered 🎯 The Reverse Engineering Method We walked through the 5-step process for hitting your income goals: 1. Define your target income 2. Break it down (annual → monthly → weekly → daily) 3. Identify your revenue streams 4. Calculate required activities 5. Create your action plan 💊 Real Business Example: The Vitamin Challenge We used a fun example of selling dandelion root vitamins at $10/bottle to hit $1M in profit: - Need to sell: 10,000 units annually (833/month) - With 40% conversion rate: Need 2,000 prospects monthly - Shows how breaking down big numbers makes them achievable! 📊 Products vs. Services Strategy Explored the difference between selling products (one-time transactions) and services (ongoing relationships), using legal practice as our case study. 🏢 Business Planning Deep Dive Discussed how to integrate multiple revenue streams, manage personnel challenges, and focus on daily incremental improvements that compound over time. Michelle's Journey 📚 Our guest Michelle is a law student exploring different career paths, including personal injury and tax law. We talked about: - The importance of business education for lawyers - How to think about cases as investments - Different ways to start a practice (partnerships vs. solo) - The value of summer internships for career exploration What's Next? 🚀 - Weekly Sessions: "Talk It Thru Thursday" continues every week! - Open to All: Bring your goals, challenges, and business questions - Interactive Format: Real-time problem solving and strategy sessions - Community Support: We're building something special here! Key Takeaway 💡 Whether you're selling vitamins, practicing law, or building any business - it all comes down to reverse engineering your goals and taking consistent daily action. Break those big scary numbers down into manageable daily tasks, and suddenly that million-dollar goal doesn't seem so impossible!