A note from Sary

You can track financial Sufficiency using a number called "target monthly revenue" (TMR). Since employees, contractors, and vendors are usually paid on a monthly basis, it's relatively simple to calculate how much money you'll need to pay out each month. Your target monthly revenue helps you determine whether or not vou've reached the point of Suffi-ciency: as long as you bring in more than your TMR, you've reached Suf-ficiency. If not, vou have work to do.

Sary The Personal MBA, page 174 · October 29, 2023 Save to shelf
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