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1 | Free Time: Financial Modeling Template | ||||||||||
2 | Brought to you by Jenny Blake | Learn more and subscribe at ItsFreeTime.com | |||||||||
3 | *Note: there are multiple tabs in this sheet | ||||||||||
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5 | 10 SCALABLE STREAMS OF INCOME | 3 BUCKETS: MONTHLY EARNING RANGE | |||||||||
6 | Annual Revenue Target: | $120,000.00 | <— Adjust for your goal | Range of Monthly Earning Target (Detailed Calculator in Second Tab) | |||||||
7 | Income Stream | Monthly Target | Typical Rate Per (FILL IN YOURS) | No. of clients needed (AUTO-POPULATES) | Notes | Minimum Needed: | $5,000 | ||||
8 | Coaching | $10,000 | $1,000 | 10 | Nice to Have: | $7,500 | |||||
9 | Speaking / Workshops | $10,000 | $10,000 | 1 | Jump out of bed with glee!!: | $15,000 | |||||
10 | Consulting / Freelancing | $10,000 | $10,000 | 1 | |||||||
11 | Licensing | $10,000 | $50,000 | 0.20 | |||||||
12 | Membership Community | $10,000 | $40 | 250 | |||||||
13 | Physical Product (ie Book) | $10,000 | $20 | 500 | 3 BUCKETS: ANNUAL EARNING RANGE | ||||||
14 | Affiliate Sales | $10,000 | $2,000 | 5 | Annual (Fill-in) | Monthly (Auto Fills) | |||||
15 | Online Courses | $10,000 | $297 | 34 | Minimum Needed: | $75,000 | $6,250 | ||||
16 | Royalties / Book Sales | $10,000 | $5 | 2,000 | Nice to Have: | $150,000 | $12,500 | ||||
17 | Other (ie: side hustle, events, podcast sponsors) | $10,000 | $1 | 10,000 | Jump out of bed with glee!!: | $360,000 | $30,000 | ||||
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20 | Deep Dive on One Area: Pricing Options | ||||||||||
21 | Income Stream from Above: | Ex: Coaching | <-- Fill-in | AREA 2: (Ex: Workshops) | |||||||
22 | Quantity (Ex: Clients) | Hourly Rate | Total Hours | Monthly Income | Notes | Participants | Workshop Fee | Cost per participant | Total | Notes | |
23 | 5 | $100 | 4 | $2,000.00 | Observe your "body reading" range: | 10 | $100 | $25 | $750 | ||
24 | 5 | $150 | 4 | $3,000.00 | —What's rate is so low that you'd rather | 100 | $50 | $20 | $3,000 | ||
25 | 10 | $100 | 4 | $4,000.00 | not even take on that client? | $0 | $0 | ||||
26 | 10 | $100 | 8 | $8,000.00 | —What rate would have you THRILLED | $0 | $0 | ||||
27 | 1 | $1,250 | 8 | $10,000.00 | to do your best work for that client? | $0 | $0 | ||||
28 | TOTAL | $3,750.00 | |||||||||
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30 | QUARTERLY TARGETS / GOALS BY INCOME SOURCE / AVERAGE RATE | ||||||||||
31 | Income Source | Q1 | Q2 | Q3 | Q4 | ||||||
32 | Coaching Clients | $7,500 | $7,500 | ||||||||
33 | Courses | $2,500 | |||||||||
34 | Affiliate Sales | $4,000 | |||||||||
35 | VIP Event | $15,000 | |||||||||
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40 | TOTAL | $14,000 | $7,500 | $15,000 | $0 | ||||||
41 | ANNUAL TARGET | $36,500 | |||||||||
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