You are listening to Blessed and Bossed Up, presented by Anchored Media, an entrepreneurship

podcast for Christians all about how to make God the CEO of your business.

Get ready to be inspired, challenged,

but well-equipped to live and build your destiny his way. Hey guys, welcome to another episode of the Blessed and Ball Stuff Podcast. This is part two to last week's episode about creating predictability in your business.

As entrepreneurs, business owners, predictability is wonderful. That's the risky side of starting your own business. When you work, you know for a fact, if you work a traditional 9 to 5, you know for a fact that every two weeks you want to get paid hopefully depending on where you work

hopefully every two weeks or twice a month you can expect to get paid whether you

watch Netflix all day or you actually did your job or not.

When you have your own business, it's really a you eat what you kill type of mentality, especially

early on in the beginning as your building, but a really important place to get to within your business is a level of

predictability. You shouldn't be hustling forever. In the beginning you got to do what you got to do but you should be working towards a certain time

where you know how much money you're making every month you know what you can

expect you have a steady flow of leads coming in you understand your conversion rate so based on the lead that you have coming in you can make a healthy and hopefully accurate guess on how many people you're going to close, which they can tell you how much money

of new business you're going to have.

Like, there's a level of predictability that we all should be working towards as business

owners because even aside from the financial expectations

having that predictability also provides a great foundation for you to be able to

scale because then it's from that foundation you can make educated investments you can make moves and things that is going to set you up to grow your business.

On part one I was talking about things that you should consider as you plan for the predictability in your business.

And I left off discussing diversifying your income, more specifically the relationship or the importance of having a healthy blend of B2B, business to business, and B to C, business to consumer type of dealings.

Now, another thing to consider as it relates to diversifying your revenue stream is having a good blend of active and passive income.

Active income is money that you're actively working for. Passive income is money that you're actively working for.

Passive income is money that you make in your sleep.

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