The Blog

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

Let's talk about running a sustainable biz
Tanya Budd Tanya Budd

Let's talk about running a sustainable biz

My guess/hope is that I could say to you,

“If you earned $10,000 of revenue tomorrow, how much of that would end up in your pocket?”

If you run a service-based biz, I’d guess this number is $2-3k (20-30%). 

That’s normal for most professional services firms - lawyers, interior designers, marketing agencies, accountants, doctors, physiotherapists, etc.

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My client brought in nearly $40k of new work in our first few weeks together
Tanya Budd Tanya Budd

My client brought in nearly $40k of new work in our first few weeks together

I’m 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, I’m excited to share that she’s brought in nearly $40k of NEW client work.

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When it's time to fire a client
Tanya Budd Tanya Budd

When it's time to fire a client

Real talk today, friends.  We've all had “that client” before: 🙈🙈🙈

  • 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 bills….).

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It’s Time!!!
Tanya Budd Tanya Budd

It’s Time!!!

🔥🔥 A brand new way to work with me and my team is finally here!! 👏🏻

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It's math time
Tanya Budd Tanya Budd

It's math time

If you care about things like:

  • If you’re 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 you’ll 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.

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How you run your biz when you’re bringing in $500k a year won’t work for $2M+ revenue goals
Tanya Budd Tanya Budd

How you run your biz when you’re bringing in $500k a year won’t 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 client’s 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 she’s gone (aka not checking work emails or messages).  This is something that just wouldn’t have been possible last year.

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Lessons from my    2,573km road trip
Tanya Budd Tanya Budd

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 I’ve ever taken… 2,573km to be exact.

And I’ll be the first to admit there was basically no pre-planning done for this trip. 

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Let’s talk about my signature program:         The 7-Figure CEO.

Let’s 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, I’ve 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.

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Should you say “yes” to that big investment??

Should you say “yes” to that big investment??

I’ve 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 frickin’ expensive.

When I’m shelling out thousands of dollars - whether in life or biz - I am always concerned about one thing:

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3 things you can do this January to set yourself up for a Financially Successful Year

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.

I’m thinking… 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?? ➡️➡️

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How to tell if you're charging enough for your time

How to tell if you're charging enough for your time

Let’s 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.

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How to prep MUCH better project fee quotes  

How to prep MUCH better project fee quotes  

What if you’re trying to grow and scale your biz, but the amount you pay yourself each month seems to be shrinking?? 🤔

And what if you’re 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? 🤦🏼‍♀️

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