The $100K Skill Nobody Talks About (You Don’t Need a Business)

Summary

In this video, the speaker shares how they made over $100,000 in less than nine months using high-ticket sales. Unlike complex business models like dropshipping, they emphasize the simplicity and effectiveness of selling products or services priced over $3,000, earning commission on each sale. The speaker discusses the low overhead, flexibility, and time leverage offered by high-ticket sales, encouraging others to focus on building a valuable skill instead of chasing complicated ventures. They highlight the potential to earn significant income with minimal startup costs and invite viewers to take action and bet on themselves.

Takeaways

• 😀 High ticket sales is a high-paying skill where you earn commissions on sales of $3,000 or more, typically ranging from 5% to 15%.
• 😀 Many young people get distracted by complicated business models like drop shipping and trading, which often require more time, capital, and skill than they realize.
• 😀 High ticket sales simplifies the process by working with established companies, so there's no need to build your own business, manage marketing, or worry about fulfillment.
• 😀 The author made over $100,000 in less than 9 months using high ticket sales by simply connecting with companies and handling their sales calls.
• 😀 The key to success in high ticket sales is consistent action, good communication skills, and focusing on personal development rather than complicated business strategies.
• 😀 High ticket sales provides the potential for high daily commissions, with examples like earning $300, $1,000, or even $3,000 in a single day.
• 😀 The author contrasts high ticket sales with drop shipping, claiming that the latter can lead to significant losses due to marketing costs and complexity, especially for beginners.
• 😀 The journey to success in high ticket sales involves testing different business models, identifying what works for you, and being willing to take risks on yourself.
• 😀 Building a valuable skill set, rather than focusing on complex business models, can provide 10x or even 20x returns in the long run.
• 😀 By following the author's guidance, many people have landed roles in high ticket sales, with income potential ranging from $5K to $30K per month, which is achievable for anyone who takes action.

Q & A

What is high ticket sales, and why is it beneficial?

High ticket sales involves selling a product or service worth over $3,000, and earning commissions of 5% to 15% per sale. It is beneficial because it offers high earnings with fewer sales, especially compared to lower-ticket products. This model eliminates the need to build a business from scratch or manage marketing, fulfillment, and other logistics.

Why does the speaker consider high ticket sales to be a better option than drop shipping or other business models?

The speaker prefers high ticket sales over models like drop shipping because it requires less capital, fewer complications, and less risk. In high ticket sales, you don’t need to worry about marketing expenses or product fulfillment, which can be significant challenges in other business models.

What challenges did the speaker face before finding success with high ticket sales?

The speaker faced multiple failures with different business models, including drop shipping and trading, over several years. They failed initially because these models didn’t fit with their strengths or interests. However, by focusing on a skill that leveraged their ability to communicate effectively, they found success.

How did the speaker manage to earn over $100,000 in under nine months?

The speaker earned over $100,000 by connecting with a company that offered high ticket products and starting to take sales calls. They earned a commission of $300 minimum per sale, which could rise to $1,000 per sale, depending on the product. By closing multiple sales a day, they built up significant earnings.

What does the speaker mean by 'time leverage' and why is it important?

Time leverage refers to using your time in a way that allows for maximum returns with minimal effort. In the context of high ticket sales, it means earning a large commission without having to constantly trade time for money, unlike traditional jobs or other business models that require more time commitment and overhead.

What makes high ticket sales a better choice for beginners compared to other business models?

High ticket sales is more straightforward for beginners because it doesn’t require a large upfront investment, complex setup, or deep technical knowledge. Unlike drop shipping or eCommerce, beginners can start earning by simply closing sales without the added burden of product development, marketing, or logistics.

Why does the speaker advise against building a business when starting out?

The speaker advises against building a business early on because most beginners don’t have the necessary skills, capital, or experience to succeed. Instead, they recommend focusing on developing valuable skills, such as communication and sales, which can generate higher income and provide better returns in the long term.

What specific actions did the speaker take to achieve success in high ticket sales?

The speaker connected with a company offering high ticket products, started taking sales calls, and focused on improving their communication skills. They took ownership of the company’s calendar and began closing deals regularly, which led to consistent commissions and success.

How does the speaker suggest others can get started in high ticket sales?

The speaker suggests that others can get started by connecting with companies in the high ticket sales industry, following up with potential leads, and learning how to effectively close sales. They also encourage reaching out on platforms like Instagram for advice and guidance from people who have already succeeded in the field.

What kind of income can someone expect from high ticket sales, according to the speaker?

The speaker highlights that people in high ticket sales can earn anywhere from $5,000 to $30,000 per month, depending on their success rate and the products or services they are selling. The income potential is high, especially for those who take consistent action and refine their sales skills.