A skill + 100 cold emails a day should get you to $10k/month
But in most cases it doesn't
In this thread, I'll breakdown 7 things stopping you from hitting your first $10k month
Thread
But in most cases it doesn't
In this thread, I'll breakdown 7 things stopping you from hitting your first $10k month
Thread
1// Not knowing the numbers
What's the target?
$10,000/month
Now instead of trying to find 10 people who can pay you $1k/month
Find 3 clients @ $3.3k/month
Or 2 clients @ $5k/month
There's absolutely zero benefit in charging less
What's the target?
$10,000/month
Now instead of trying to find 10 people who can pay you $1k/month
Find 3 clients @ $3.3k/month
Or 2 clients @ $5k/month
There's absolutely zero benefit in charging less
2// Not working with the right people
In most cases, working with local businesses & course creators is not that profitable
Most of them don't make money and wouldn't be able to pay you good money
And even if they do, getting results for them is hard af
In most cases, working with local businesses & course creators is not that profitable
Most of them don't make money and wouldn't be able to pay you good money
And even if they do, getting results for them is hard af
You need to double their business in order to retain them
Instead work with businesses who are already making money
Ecom brands, saas companies, boring traditional companies which are already making loads of cash
With these businesses, even a 10% increase will keep them happy
Instead work with businesses who are already making money
Ecom brands, saas companies, boring traditional companies which are already making loads of cash
With these businesses, even a 10% increase will keep them happy
3// Focusing too much on outreach instead of fulfillment
If you structure your offer correctly, you can make $10k/month from just 1 client
All you need is a % element in your pricing & fire client results
We personally follow this model & will get to $100k/m with 5-6 clients
If you structure your offer correctly, you can make $10k/month from just 1 client
All you need is a % element in your pricing & fire client results
We personally follow this model & will get to $100k/m with 5-6 clients
So once you get your first client, it's ideal that you stop your outreach and do everything you can to get them good results
Even if you don't get a %, a good case study will help you exponentially grow your business
Even if you don't get a %, a good case study will help you exponentially grow your business
4// Outsourcing too early
You can get to $10k/month alone and $30k/month with a couple of contractors
Don't try to get that beach laptop lifestyle too early
If you want money, do the work
You can get to $10k/month alone and $30k/month with a couple of contractors
Don't try to get that beach laptop lifestyle too early
If you want money, do the work
* You might be noticing that all of the above are opposite to the conventional money twitter advice
And that's for a reason
If you followed the usual advice and are not making $10k/month...
Maybe it's time you try something else
And that's for a reason
If you followed the usual advice and are not making $10k/month...
Maybe it's time you try something else
5// Being a slave to the client
You need to adopt the mindset that clients need you as much as you need them
Treat them as partners instead of bosses who tell you what to do
If they hired you, they need help with something
So do stuff your way but also take feedback from them
You need to adopt the mindset that clients need you as much as you need them
Treat them as partners instead of bosses who tell you what to do
If they hired you, they need help with something
So do stuff your way but also take feedback from them
6 // Not having the skills
This should be no.1 but it isn't because you learn most things while doing then
Not by courses, coaching etc
But if you're doing things, getting real feedback & you're unable to get results
Maybe it's time to go back and become good at what you sell
This should be no.1 but it isn't because you learn most things while doing then
Not by courses, coaching etc
But if you're doing things, getting real feedback & you're unable to get results
Maybe it's time to go back and become good at what you sell
7// Not focusing on one thing
I made this mistake multiple times in my first 18 months of business
I was selling 3 different things and although I was above 10k/month, i couldn't scale past 30k
Then Hormozi said something which virtually forced me to close 2 offers...
I made this mistake multiple times in my first 18 months of business
I was selling 3 different things and although I was above 10k/month, i couldn't scale past 30k
Then Hormozi said something which virtually forced me to close 2 offers...
He said something along the lines of
If you have 10 different businesses and are still not making money.
Then clearly that strategy isn't working for you
Maybe focus on growing just 1 thing first
If you have 10 different businesses and are still not making money.
Then clearly that strategy isn't working for you
Maybe focus on growing just 1 thing first
Tldr:
1. Reverse engineer your pricing
2. Don't work with brokies
3. Focus on fulfillment instead of outreach
4. Don't outsource too early
5. Don't treat your clients as bosses but instead partners
6. Get good at 1-2 skills
7. Focus on 1 skill, mechanism & business model
1. Reverse engineer your pricing
2. Don't work with brokies
3. Focus on fulfillment instead of outreach
4. Don't outsource too early
5. Don't treat your clients as bosses but instead partners
6. Get good at 1-2 skills
7. Focus on 1 skill, mechanism & business model
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