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As a business owner, it is important to have a financial goal. In this tutorial, the process of setting and calculating that goal is explained step by step. By using an example of $100,000 per year, the instructor demonstrates how to determine the number of clients needed to reach the goal. The suggestion is approximately 15 to 20 clients depending on the size and rate charged. A spreadsheet is utilized to break down and visualize the calculations. The video provides a detailed walkthrough of how to utilize the spreadsheet for personal use. The first step is inputting the income goal, for instance, $100,000 annually, then dividing it by 12 to determine the monthly requirement.