Advanced search

Anyone want to aim to earn £100,000 in the next12 months?

(12 Posts)
whydidhesaythat Mon 30-May-16 13:06:24

my kids are getting more independent, the contract lawyer market is booming so being up north matters less than it did, I've kept up my skills working part time for a dozen years earning about £35,000.

oh, and I've got no bloody pension.

Could this possibly be my time?
Anyone else out there?

icanteven Sat 11-Jun-16 12:33:09

Quite late to the thread, but I know how you feel and I'm DEFINITELY hoping for that this year, but I'm more likely to have a turnover of 100k in the next 12 months, which is very different!

whydidhesaythat Tue 14-Jun-16 21:56:24

Ah, good point,I tend to forget about costs
Have you got a costs of sale issue?

icanteven Thu 16-Jun-16 07:20:56

My staff. smile but no offices or overheads, or a manufactured product.

What about you?

whydidhesaythat Thu 16-Jun-16 18:41:48

almost nothing (professional services).

Or so I thought.

Have spent £175 on a book, countless hours of ubilled time, I never invoice my printing costs, I do "possible client" visits for free.

And that's just within the past month...

But no staff. How many do you have? I admire you for taking the responsibiity

whydidhesaythat Fri 17-Jun-16 11:08:40

I suppose what I'm trying to say that ignoring/writing off my overheads is part of a bad pattern I have of not taking it all seriously enough - and therefore not getting close to the amount I want to earn.

poocatcherchampion Fri 17-Jun-16 17:42:48

I'm not in for that much - more like £25k but am just starting out on my own so it is going to be a big job.

Pitching for work here there and every where at the mo

whydidhesaythat Fri 17-Jun-16 18:22:34

so let's think percentages then
I am one month in and10% toward target

springwaters Fri 01-Jul-16 18:51:17

Depends how you define earnings

Are you taking income plus dividends minus personal income tax and then comparing it to the take home of someone of £100K.

JaneAustinAllegro Fri 01-Jul-16 18:54:52

that was my target in January and it was going bang on target until I had two invoices totalling £15k unpaid by a client who may have hit the wall :-( And I incurred hundreds of pounds in travel and childcare to earn that. Galling beyond belief.

whydidhesaythat Fri 08-Jul-16 21:40:27

Sorry to hear that Jane,how do we pick ourselves up from these setbacks?

I Lost focus for a week with Brexit grief- as you do....
Now I have a client that is tending to set low billing expectations and I keep doing more and more for them....
I really need to watch that

whydidhesaythat Fri 08-Jul-16 21:41:47

Spring.... I am thinking turnover less costs

Join the discussion

Join the discussion

Registering is free, easy, and means you can join in the discussion, get discounts, win prizes and lots more.

Register now