8 ms·

We are $970,000 away from getting a spot on Bootstrapped, Profitable & Proud.

• Dramatize 16y ago
  Keep going
• patio11 16y ago
  I prefer to think of it as "How many 5% lifts do I need to hit this revenue target?" You only need 72. That's totally doable, and that assumes you don't ever have something more effective like a new product, business model change, price increase, etc.
  • barrydahlberg 16y ago
    Do you have a magic formula for work that out?
    • tomjen3 16y ago
      Magic? Only simple math: y times 1.05 raised to x = z Where y is your currenty number, x is the number you want to solve for and z is the number to reach. x = (log z - log y)over log 1.05 All you need to know can be seen on(http://en.wikipedia.org/wiki/Logarithm http://en.wikipedia.org/wiki/Logarithm) edit: forgot a log
      • barrydahlberg 16y ago
        Gee I was really hoping for some magic, I guess this will do. Thanks ;)