Firms doing $40,000 per month+, what are you doing?

Insights from Businesses Earning Over $40,000 Monthly

Firms generating more than $40,000 per month, what strategies and services are driving your success? I’m eager to learn about the deliverables you’re providing to clients, the number of clients you serve, your monthly recurring revenue (MRR) per client, and your profit margins. Additionally, how many team members do you have on board?

I’m interested in hearing from the high achievers in this field. Your insights would be invaluable!

Achieving and maintaining a revenue of over $40,000 per month is an impressive milestone for any firm. To reach this level, firms typically employ strategic approaches in various aspects of their business, ranging from service delivery to client management. Here, I’ll break down some key elements that contribute to such success:

1. Deliverables and Services

High-performing firms usually offer a comprehensive suite of services tailored to meet the specific needs of their target market. Common deliverables include:

Consulting Services: Strategic guidance in niche markets such as digital marketing, financial advising, or business development.
Managed Services: IT services, digital marketing management, HR solutions, etc., where firms manage certain business functions for clients.
Productized Services: Offering standardized service packages with defined outcomes to streamline delivery and scale efficiently.
Custom Projects: Tailoring solutions for complex client needs, often resulting in higher revenue per project.

2. Client Base and MRR

The number of clients and the Monthly Recurring Revenue (MRR) per client can vary significantly based on the business model:

Number of Clients: Firms usually have a mix of high-value clients bringing in significant revenue and smaller accounts that provide stability and cash flow. The client base often ranges from 5 to 50 clients depending on service complexity and market segment.
MRR Per Client: High-performing firms often achieve a high MRR per client by offering premium services. MRR can range from $2,000 to $10,000+ per client, depending on the value delivered and industry standards.

3. Margins and Profitability

Margins are a crucial indicator of a firm’s health:

Gross Margin: Successful firms typically maintain healthy gross margins between 50% to 70% by efficiently managing cost of goods sold (COGS).
Net Margin: After all expenses, including staff salaries and operational costs, net margins usually range from 15% to 30%. High-performing firms achieve this by optimizing operations and ensuring high value-relative pricing.

4. Staffing

The size of the staff is reflective of the firm’s service complexity and client volume:

Number of Employees: Depending on their operational model, firms can have anywhere from 5 to 50+ staff members. This includes roles in client services, project management, technical expertise, marketing, and administration.
Outsourcing/Freelancers

One response

APAdmin

26 February 2025 at 1:56 PM
Achieving and maintaining a revenue of over $40,000 per month is an impressive milestone for any firm. To reach this level, firms typically employ strategic approaches in various aspects of their business, ranging from service delivery to client management. Here, I’ll break down some key elements that contribute to such success:

1. Deliverables and Services

High-performing firms usually offer a comprehensive suite of services tailored to meet the specific needs of their target market. Common deliverables include:
- Consulting Services: Strategic guidance in niche markets such as digital marketing, financial advising, or business development.
- Managed Services: IT services, digital marketing management, HR solutions, etc., where firms manage certain business functions for clients.
- Productized Services: Offering standardized service packages with defined outcomes to streamline delivery and scale efficiently.
- Custom Projects: Tailoring solutions for complex client needs, often resulting in higher revenue per project.
2. Client Base and MRR

The number of clients and the Monthly Recurring Revenue (MRR) per client can vary significantly based on the business model:
- Number of Clients: Firms usually have a mix of high-value clients bringing in significant revenue and smaller accounts that provide stability and cash flow. The client base often ranges from 5 to 50 clients depending on service complexity and market segment.
- MRR Per Client: High-performing firms often achieve a high MRR per client by offering premium services. MRR can range from $2,000 to $10,000+ per client, depending on the value delivered and industry standards.
3. Margins and Profitability

Margins are a crucial indicator of a firm’s health:
- Gross Margin: Successful firms typically maintain healthy gross margins between 50% to 70% by efficiently managing cost of goods sold (COGS).
- Net Margin: After all expenses, including staff salaries and operational costs, net margins usually range from 15% to 30%. High-performing firms achieve this by optimizing operations and ensuring high value-relative pricing.
4. Staffing

The size of the staff is reflective of the firm’s service complexity and client volume:
- Number of Employees: Depending on their operational model, firms can have anywhere from 5 to 50+ staff members. This includes roles in client services, project management, technical expertise, marketing, and administration.
- Outsourcing/Freelancers
Log in to Reply