My Monthly Review - May 2023
I have been publicly sharing my monthly business reviews since January 2022 (scroll to the bottom of this post to see my others).
This is a reset process I go through on the first of every month to review the month that has just been and to plan for the month ahead.
I highly encourage all of my clients and students to do a similar process each month as it helps keep you accountable and see what is working and isn’t working in your business.
If you want a free checklist to use you can grab that here:
If you aren’t regularly tracking what is happening in your business then it’s very difficult to assess what’s working, what isn’t working, what progress you are making (or not making!) and how you can improve.
My review process normally takes me about 20 minutes to complete each month and when I look back on my previous entries I’m so grateful that I have a record of what has been happening so I can look back on how far I have come!
A quick note before we start…
I share this information publicly because I’m a completely open book and want to encourage and inspire other women and mothers about what is possible with their businesses.
When I was starting my ow business I used to follow a few business owners who did something similar to this and I found it hugely inspiring and helpful as it showed me what was possible in my own business.
However, I’m aware that some people find the sharing of business results and revenue numbers triggering, so if that’s you then I suggest you skip this post and jump in to some of my other free content instead :)
Here’s my review from May 2023.
Looking back - review last month
Revenue
Revenue for May was $136,127
Expenses
Paid advertising: $26,446
Virtual Assistants: $1,939
Software Subscriptions: 1,042
Social Metrics
Total student enrolments: 11,589
Email/newsletter subscribers: 50,706
Instagram - TLDC: 94.3K
Instagram - CLR: 10.4K
YouTube - CLR: 10,785
TLDC Facebook Page Follows: 25,807
CLR Facebook Page Follows: 388
Facebook Group: 14,000
Pinterest Follows: 11.21K
Pinterest monthly views: 879K
Twitter followers: 199
LinkedIn Follows: 756
TLDC Website visits: 39K
Bounce Rate: 77%
CLR Website visits: 885
Bounce Rate: 74%
Top 3 Wins Last Month
Have been building new templates ready for launch in a few weeks 🥳
Lead magnet updates and relaunch to site
House selections + drawings
Notes from Last Month
What went well, what didn’t go well…
Here’s some of what happened during May:
Revenue was OK but I didn’t quite hit my goal of $150K this month. I was pretty close though, especially considering current market conditions
Quite a few of my Instagram posts have been doing particularly well lately - I’ve implemented a new strategy mixing in some fun memes I’ve created alongside my educational content and this is working really well for community engagement (and just not taking the whole industry quite so seriously!)
So close to reaching 100,000 follower on Instagram. I’m not super into vanity metrics but hitting 100K will be quite a milestone after all the work I’ve put into my Instagram page
Was really sick with the flu for about a week - this put me behind on a few things I wanted to achieve this month so catching up now I’m better
My free Facebook group has just hit 14,000 designer members 🙂
My email list hit 50K subscribers this month 🥳
Started my weekly (paid) stretching sessions with Kirsti from Pilates to You (these are virtual sessions). I am paying for accountability with my stretching and mobility as I really want to improve in this area and just don’t do it myself without paying for some accountability.
Have been continuing with Project 45, although stopped posting so much about this publicly as it was creating too much work and causing me stress to come up with daily ideas. I have been continuing to tweak health things like my nutrition, trying to sleep better and trying out new ideas (with mixed success so far). A work in progress!
Posted daily content to Instagram and LinkedIn, which was a goal for the month that I hit. Very happy with the content I’ve been creating lately as I feel it’s really helpful for my community.
The slab for our house got poured yesterday. Progress is quite slow on the build as we are already up to June and only at slab stage, so having to be quite patient about the process.
Looking forward - plan this month
Focus this month:
🤫 Finish the template project and launch before 30 June
👏🏻 Daily content
🏡 House selections, supplier visits and finish design drawings
Projects this month:
Templates project completed
Course updates
Facebook group update
House selections/build planning
Goal this month:
$150K in revenue
What would make this month amazing?
Finish the EOFY with a strong revenue month and get my templates project launched. I am really excited about these templates as I think they are going to be a game changer for designers in terms of helping them make massive progress in their businesses really quickly.
Continue to look after my health as part of Project 45 to feel my best for my birthday on 5th July.
If you would like to follow my business journey you can read my other monthly reviews via the links at the bottom of this page.
And if you would like to download my free Notion template to conduct your own monthly business review you can do that here:
Courses and Templates for Designers and Architects
DO YOU WANT TO….
Improve your professionalism?
Find more clients?
Bring in more revenue?
Create better systems and processes?
Then check out my business courses and templates for designers and architects.
These courses and templates leave you with work done - not just a long list of things you need to do next. We have a really strong focus on taking action and getting things created that improve your business.
Enjoy the rest of your day!
Clare x
Dr Clare Le Roy