You Are ONE Monk Mode Season Away From $10k/month

Summary

The speaker shares his journey to becoming a successful entrepreneur during the 2020 lockdown, emphasizing the importance of 'monk mode'—a period of intense focus and sacrifice on a specific goal. He details his experience of going from £500 to £200,000 a month by eliminating distractions and dedicating himself fully to his business. The summary outlines his advice on choosing a niche, creating a high-ticket product, marketing it through social media, and prioritizing customer results over sales. The narrative concludes with the profound impact of this approach on personal growth and financial success, offering a stark contrast to a traditional 9-to-5 lifestyle.

Takeaways

• 😷 The speaker moved back to their parents' house during the 2020 lockdown to focus on becoming an entrepreneur and generating online income with a goal of £2,000 a month to eventually live and work in Asia.
• 🌐 The speaker's online fitness program went viral, which significantly boosted their income to £10K per month by July 2021, and eventually to £200,000 a month, illustrating the power of online content and virality in business growth.
• 🧘‍♂️ The concept of 'monk mode' is introduced as a period of intense focus and sacrifice on a specific goal, often involving the avoidance of distractions and 'bad dopamine' activities like social media, junk food, and partying.
• 🚀 The speaker emphasizes the importance of hard work and discipline, suggesting that success requires a phase of extreme dedication, similar to a 'dopamine detox', to propel oneself ahead of the competition.
• 💪 The speaker shares personal anecdotes of adopting a disciplined lifestyle, waking up early, and working long hours to achieve business success, highlighting the trade-offs between short-term sacrifices and long-term gains.
• 🤔 The speaker challenges the idea of a balanced lifestyle for those seeking rapid success, arguing that short-term imbalances can lead to long-term balance once success is achieved.
• 🎯 The importance of focusing on a niche product and serving a specific audience is discussed, as is the value of personalized one-on-one customer service in building a successful business.
• 📈 The speaker outlines a plan for aspiring entrepreneurs, which includes creating a high-ticket one-on-one package, marketing it through niche-specific social media content, and prioritizing customer results over just making sales.
• 🤝 The emphasis on customer satisfaction and getting significant results for clients is highlighted as a key differentiator between successful entrepreneurs and those who are merely focused on sales.
• 💰 The potential income from successful entrepreneurship is presented as life-changing, offering freedom, the ability to travel, and live anywhere, contrasting with the limitations of a traditional 9-to-5 job.
• 🔄 The speaker discusses the mindset required for 'monk mode', acknowledging that setbacks will happen but urging persistence and a non-binary approach to progress, rather than perfection.

Q & A

What was the individual's goal when they decided to move back home during the 2020 lockdown?

The individual's goal was to make £2,000 a month online so they could eventually move to Asia, specifically Thailand, and work remotely from there.

How long did it take for the individual to transition from making £500 in total to £1,000 in a month?

It took about 7 months to make £500 in total, and then the next month, in January 2021, the individual's income increased to £1,000.

What was the turning point that led to a significant increase in the individual's income?

The turning point was when a fitness video the individual had previously made went viral on the same time that they released a workout routine for sale.

What is 'monk mode' as described in the script?

'Monk mode' is a period where an individual chooses to focus intensely on a specific goal, like a business, by abstaining from normal fun activities and distractions to achieve extreme progress.

What sacrifices did the individual make during their 'monk mode' period?

The individual abstained from bad dopamine activities like porn, social media, junk food, sugar, drugs, partying, and sex. They also adopted a disciplined lifestyle, waking up early and focusing solely on their business.

How did the individual's social life and personal habits change during their 'monk mode' period?

The individual's social life became minimal, and they adopted habits like waking up at 5:00 a.m. every day, working out, and focusing solely on their business goals, which led to them being perceived as a disciplined and different person by their family.

What was the individual's monthly income after hitting the 'monk mode' period in July 2021?

After hitting the 'monk mode' period in July 2021, the individual's monthly income reached £10,000 and has since increased to about £200,000 a month.

What is the main lesson the individual wants to teach about 'monk mode'?

The main lesson is that by going into 'monk mode' and focusing intensely on a goal, significant life changes can occur, leading to substantial progress and success in one's goals.

What is the recommended approach for someone starting their 'monk mode' season according to the script?

The recommended approach is to create a niche product or service, focus on helping a specific type of person with a specific problem, and then market it effectively using social media content related to the product.

Why is focusing on customer results important in entrepreneurship according to the script?

Focusing on customer results is important because it ensures that the entrepreneur is delivering on the promises made to the customers, leading to higher satisfaction, better testimonials, and a stronger business foundation.

What is the individual's perspective on the work-life balance of a typical 9-to-5 job compared to entrepreneurship?

The individual views the 9-to-5 job as restrictive and likens it to being a slave, whereas entrepreneurship offers freedom, flexibility, and the potential for significant financial rewards, making it a more fulfilling and desirable path.