Know your numbers without drowning in spreadsheets.


đź“– My Story

When I started my first t-shirt business, I was sure the numbers were going to be easy. I figured every wholesale customer would order at least 40 shirts, and that at least 1 out of every 5 sales calls would turn into a paying customer.

Boy, was I wrong. It turned out more like 1 in 20 calls actually closed, and most customers only ordered the minimum—24 shirts. My projections were way off, and it nearly sank me before I even got going.

That’s when I learned the hard truth: most of us overestimate sales in the beginning.


đź“– Why This Matters

Financial projections are one of the biggest traps for new business owners. Some people get lost in endless details, building 30-tab spreadsheets before they’ve made a single sale. Others create pie-in-the-sky numbers that will never happen.

Neither approach helps. What you really need is a simple, realistic way to see if your idea makes sense.


📝 Quick Exercise (10 minutes)

Start with this thought experiment:

  1. How many sales do you expect to make per day?
  2. How many days a week will you realistically be selling?
  3. Multiply those numbers to get a weekly total.

👉 Now cut that number in half. That’s closer to reality.

Example: