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How To Predict How Much You Will Make In 2021 - Business - Nairaland

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How To Predict How Much You Will Make In 2021 by callokere1(m): 10:23pm On Dec 30, 2020
To start with, as a human being you need atleast four (4) sources of income

If you only have one source, start thinking of the 2nd, 3rd and 4th sources of income

Predicting how much you will make in 2021 involves little mathematics

Ready? Let's get it done�

But first you have to answer this question by yourself

How much do you want to to make in 2021? Write it down on a paper

Let's say it's N5million naira or 80,000 GH cedis, divide it by 12 (months) that would be N417,000 naira or 6,700 GH cedis

Now if you have to make N5 million naira in one year, you will need to make N417,000 every month to hit your target

Now that's a figure, I guess it's not very clear yet

Let's break it down

We now know how much we need to make every month to hit our yearly target.

We must come up with *WHAT* we need to *SELL* to make that money

Here is how to come up with that�

The monthly target is N417,000 naira /6,700 GH cedis

To come up with what you need to sell, we need divide that figure with *HOW* many of the stuff you need to sell

Relax! You will get it

Let's say you intend to sell 50 pieces, divide the monthly target by 50

That's gives you 8,340 Naira /134 GH cedis, this figure is the unit price of one the stuff you need to sell to hit your target every month

The next thing is to find a product of 8,340 naira / 134 GH cedis you need to sell

Let's say you sell less then 50, you need to make up for it by selling the deficit number in the next month

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This keeps you on track and makes your goal more clearer

Try it

This is very powerful, when you come up with a unit price, what you need to sell comes up along the line

Do it now


After coming up with your figure, I will like to help you achieve them next year, so it's important you do it now

After coming up with your figure, simply type DONE in the comment section so that I will know how many people are in this

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To be continued tomorrow same time

Hope you gained something if yes, drop your comments here

God bless you

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