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    04/06/2022 |

    Episode 28 – What’s Wrong With Revenue? You’re Not Setting Goals Correctly

    This show aired LIVE on March 30. To watch the show on demand, visit the show page here. To see all our audio and video content, check out our new free streaming service, Square 2+.

    In this episode of What’s Wrong With Revenue? we focused on a more strategic aspect of revenue generation — goal setting.

    We see many, many companies that are struggling with revenue growth and have not properly set their revenue goals, so they were struggling to meet their goals.

    All goal setting should be done based on past performance and a solid forecast for the future. While the past performance is locked, the forward-looking projections are challenging.

    During the show, we shared a way to do forecasting and then extended that to set your marketing and sales budget for the upcoming months.

    If you have big goals, you should be prepared to invest big money. So many company leaders ask about ROI on marketing spend but don’t look at the lifetime value of the new customers generated by an investment in marketing.

    Make sure you’re using lifetime value when you do your budget and goal-setting work.

    Finally, we talked extensively about how many companies use gut, opinion and perspectives to set goals when quantitative data is available to make goal setting 100% scientific.

    If you’d like to subscribe to the show, we’ll send you reminders and email you a link to the show after each live show – just click here. If you’d like to submit a question to the show, we answer questions every week – click here.

    If you want to watch the show and all the other audio and video content published by Square 2, visit our Square 2+ page. It’s full of valuable content related to marketing, sales, technology, revenue growth and more.

    Mike Lieberman, CEO and Chief Revenue Scientist headshot
    CEO and Chief Revenue Scientist

    Mike Lieberman, CEO and Chief Revenue Scientist

    Mike is the CEO and Chief Revenue Scientist at Square 2. He is passionate about helping people turn their ordinary businesses into businesses people talk about. For more than 25 years, Mike has been working hand-in-hand with CEOs and marketing and sales executives to help them create strategic revenue growth plans, compelling marketing strategies and remarkable sales processes that shorten the sales cycle and increase close rates.

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