What it is:

Your "available operating budget" is the amount of money coming in (revenue) over the last 12 months divided by 12 multiplied by 30%.

More:

Your "available operating budget" is calculated by adding all the revenue in the past 12 months and multiplying * .30 (30%).

This is based on a fancy shmancy calculation and recommendation by Mike Michalowicz, the author of Profit First.

What it is not:

Your "available operating budget" is not all the money you made in business or all the money you've made in the past 12 months or all the money you made except for when you needed to transfer money out to pay a bill at home.

You can do that - and many soloprenuers do - but it's not sustainable.

It's not the life I want for you, and it's not the life you want either.

When you pay yourself, your business becomes more sustainable. That makes your work in the world more sustainable.

Your work matters. We need you doing work you love, making good money.

Pay yourself. Regularly and consistently.
Set aside for taxes.

30% is what's left after that. So we'll use .3 as the multiplier in this guide.

How to find it:

Log in to your payment processors and run a report on the last 12 months income.

Add them all up - Stripe, PayPal, Venmo, Square - whatever you actively have used in the past 12 months.

If you need help with any of the things on this list, hit reply and let me know what you need.

I'll help you.

Take Action:

Enter your "total revenue" over the past 12 months" for the year on Page 2.

The .pdf guide will calculate your "available operating budget" for you
("total revenue" over the past 12 months" divided by 12 months * .3 for 30%) = your " "available monthly operating budget" ")

If you don't know how to do this, hit reply. I will help you.

That's it! That's enough for one day.
Celebrate! Throw your hand in the air, smile, do a little dance.

You'll get another email in your inbox tomorrow. If you just can't wait for that, you can get full access to the next step in the mini course below.