Kristen needs to track her business and personal expenses to create clarity about her monthly financial needs.
She needs to get clear about how much she actually needs to make each month by understanding her monthly expenses and net profit.
Kristen needs to set a stretch goal for her monthly income, which should be higher than her monthly expenses to cover both personal and business needs.
Realizing the familiar pattern of subtle belittling from her mother and her husband, Kristen is now focused on moving forward. Recognizing the root cause of her challenges is crucial for making lasting change. Kristen's personal life shifts have led to increased awareness and boundaries in her business interactions.
The power lies in Kristen's decision to prioritize her own needs and well-being. Kristen's newfound freedom comes with both excitement and anxiety, which she manages through self-care practices like yoga and dog walking. Regular movement and activities like dog walking have helped Kristen find a state of flow and creativity in her work.
Four to six things that I feel I'm doing right at this point.
A little bit more of what I'm falling short on.
The client base consists of individuals at four different rates due to a lack of rate adjustments over a seven-year period.
The area is experiencing growth, with an influx of people requiring services, particularly from those with higher income.
The prevailing median rate for boarding services among larger businesses with an online presence is around $50 per night.
The main points to include in the spreadsheet are the names of competitors, the services they offer, and the prices they charge.
Sub-points under 'competitor names' could include the names of individual competitors or the names of their businesses.
Sub-points under 'services offered' could include specific details about the services provided by each competitor.
Sub-points under 'prices charged' could include the pricing structure, such as hourly rates or flat fees, and any additional costs or discounts.
You can offer to water plants and walk dogs for a dollar a minute.
You can either charge a base rate or time it, depending on the client's preference.
It's important to value your time and energy when setting prices.
Consider adjusting your rates for future pet sitting based on the needs of the pets.