
The Blog
Weekly updates, info, and practical advice for business owners and entrepreneurs.

Let's talk about running a sustainable biz
My guess/hope is that I could say to you,
โIf you earned $10,000 of revenue tomorrow, how much of that would end up in your pocket?โ
If you run a service-based biz, Iโd guess this number is $2-3k (20-30%).
Thatโs normal for most professional services firms - lawyers, interior designers, marketing agencies, accountants, doctors, physiotherapists, etc.

Rejectionโฆ
If youโre an entrepreneur, I know that youโve faced A LOT of rejection. The magic is not in the steps but in getting out your paper and pen, and actually DOING the steps. So letโs dive in!

Let's talk about breaking even
Discover your break-even point! Let's calculate it together for optimal financial clarity.

Someone who owns a business vs a business owner
Iโll be honest: in the past, I havenโt always made great decisions in my biz. I try, fail, adjust and then do better. Thatโs my way.

My client brought in nearly $40k of new work in our first few weeks together
Iโm going to tell you a story today about an incredible client of mine who came to me in the midst of some pretty big challenges - troubles making payroll, out-of-alignment clients, and a general feeling of overwhelm from managing her team - and within a few WEEKS of her joining 7-Fig CEO, Iโm excited to share that sheโs brought in nearly $40k of NEW client work.

When it's time to fire a client
Real talk today, friends. We've all had โthat clientโ before: ๐๐๐
You have a full-body reaction when you see their name pop up in your email inbox;
They grind you on price, but always demand an extremely quick turnaround on your work product; and
They are so hard on your team that you often wonder if it's worth keeping them around (but they pay the billsโฆ.).

Itโs Time!!!
๐ฅ๐ฅ A brand new way to work with me and my team is finally here!! ๐๐ป

It's math time
If you care about things like:
If youโre paying your technical team members too much or too little,
Who are your most profitable team members and who is a drain on your resources; and
If there is someone on your team that needs extra support or training;
Then youโll want to grab a Peach Tranquility tea and an almond croissant and listen up because today I want to talk about something that is very CPA-ish.

How you run your biz when youโre bringing in $500k a year wonโt work for $2M+ revenue goals
I have this fabulous client in 7-Fig CEO. We started working together last June and, I have to say, this working relationship has been wildly successful. Let me share two of their wins:
HUGE revenue growth: year over year, this clientโs revenues are up big time - they averaged about $195k/mo in each of Jan and Feb 2023, and this year, they are averaging about $250k per month.
Vacay time: one of the owners is taking a big, fancy cruise vacay soon and actually unplugging while sheโs gone (aka not checking work emails or messages). This is something that just wouldnโt have been possible last year.

Lessons from my 2,573km road trip
This past weekend, I drove from Windsor, Ontario to Saskatoon, Sask.
It was a realllllllly long road trip - the longest Iโve ever takenโฆ 2,573km to be exact.
And Iโll be the first to admit there was basically no pre-planning done for this trip.

Letโs talk about my signature program: The 7-Figure CEO.
(and I also have a BIG win to share at the end)
I love love love this program. Why?
It works.
Time and again, Iโve seen this offer help my clients take their wildest biz dreams and break them down into manageable, bite-sized morsels that feel more like the obvious next steps instead of far-out wishes on a cheesy vision board.

Should you say โyesโ to that big investment??
Iโve recently returned from a vegan wellness retreat in northern Ontario.
Yes, it was extremely woo-woo.
Yes, I came back with a new perspective on my life/biz.
And, yes, it was frickinโ expensive.
When Iโm shelling out thousands of dollars - whether in life or biz - I am always concerned about one thing:

3 things you can do this January to set yourself up for a Financially Successful Year
I want to talk to you about 3 things you and I can do this month to set ourselves up for a financially successful year.
Iโm thinkingโฆ taking home at least $10k/month, a biz generating at least $500k in revenue, increasing team wages, and taking a few nice trips..
And how is all this going to happen?? โก๏ธโก๏ธ

How to tell if you're charging enough for your time
Letโs talk about something that matters if you are a service provider: your effective hourly rate.
Now, if you work with clients and bill by the hour, you might say - my hourly chargeout rate is $425 per hour. I know this. Why should I read on, Tanya?
Well, because I can say with absolute certainty that your effective hourly rate is much lower.

Getting a temporary 9-5 does not mean you've failed at your biz
Letโs say you are $100,000 short of the revenue goal you set for yourself for 2023..
You are frustrated.
You are wondering how youโre going to keep going because you are barely breaking even.

How to prep MUCH better project fee quotes
What if youโre trying to grow and scale your biz, but the amount you pay yourself each month seems to be shrinking?? ๐ค
And what if youโre pouring employee hours and marketing dollars into a part of your business that nets you a profit margin of 5% when you could be focusing on the 30% margin activities instead? ๐คฆ๐ผโโ๏ธ

My own path to multiple 7-figures
I donโt know if youโre like me, but sometimes I bang my head against the wall when Iโm trying to make a business decision.

Ready to open a second location?
Have you ever thought about opening a second (or third) location??

A love letter to myself (and you)
I believe that you and I get the best results in our businesses when we show up as our complete, weird, intelligent, vulnerable selves.

Four things to check on your financials this month
Today, Iโm going to do a mini-training on the four things a CEO of a services-based business should look at on her financial statements each and every single month.