What It Takes To Build a ₹1,00,000/mo Online Service Business | My Blueprint | Part 2

Saksham
9 Aug 202309:53

Summary

TLDRIn this video, the speaker emphasizes the crucial role of mindset in building a successful service-based business. He discusses common obstacles like the attachment to quick profits and distractions from shiny objects, stressing that real growth takes time. Embracing failure as a learning opportunity, maintaining focus on one platform, and balancing production with self-improvement are key strategies for success. The speaker also highlights the importance of accountability and having a long-term vision, suggesting that offering guarantees can attract clients and build trust. Ultimately, he encourages viewers to persist and prioritize effective time management to achieve their business goals.

Takeaways

  • 😀 A great service-based business requires a strong mindset; without it, systems alone can't drive success.
  • 🕰️ Success takes time; expect gradual growth rather than quick riches.
  • 📚 Document your journey, including struggles, to build trust and connect with clients authentically.
  • 🚫 Avoid shiny object syndrome; focus on mastering one platform to achieve substantial results.
  • 💔 Embrace failure as a necessary step in the learning process; it's integral to growth.
  • 🔧 Balance production with self-improvement to enhance both your skills and service quality.
  • ⏳ Prioritize effective time management by setting realistic goals and aiming slightly higher than your perceived limits.
  • 🌟 Maintain a long-term vision; ensure all actions align with your overarching goals to stay motivated.
  • 📝 Overcome excuses by actively seeking solutions to problems, fostering a proactive mindset.
  • ✅ Offering guarantees in client relationships can build trust and accountability, leading to successful engagements.

Q & A

  • What is the main focus of the video?

    -The main focus of the video is on the importance of mindset in building a successful service-based business and addressing internal challenges that can hinder growth.

  • Why is mindset considered more important than systems?

    -Mindset is considered more important than systems because an average mindset can limit your potential, even if you have the perfect systems in place. A positive mindset is essential for long-term growth.

  • What should beginners expect regarding profit in the first few months?

    -Beginners should not expect to make significant profits within the first couple of months. Success takes time, and it is crucial to be patient.

  • How can documenting your journey benefit your business?

    -Documenting your journey helps build authenticity and trust with clients. Sharing struggles and progress can make clients more inclined to engage with your services.

  • What is 'shiny object syndrome' and how can it affect a business owner?

    -'Shiny object syndrome' refers to the tendency to get distracted by new trends or platforms instead of focusing on mastering one. It can lead to ineffective efforts and hinder growth.

  • How should one handle failure in sales?

    -Failure in sales should be viewed as a necessary learning experience. It is important to embrace it, analyze what went wrong, and use that knowledge to improve.

  • What two basic segments should one focus on for self-improvement?

    -One should focus on 'production' and 'improvement of capability.' Balancing both is vital for enhancing skills and delivering better results.

  • What role does time management play in building a business?

    -Time management is crucial for prioritizing tasks effectively. Setting realistic goals helps prevent disappointment and fosters steady progress.

  • Why is having a long-term vision important for business owners?

    -A long-term vision helps guide daily actions and decisions. It keeps motivation high and reminds business owners of their ultimate goals.

  • What is the significance of offering guarantees to clients?

    -Offering guarantees makes deals more attractive to clients, as it demonstrates confidence in your service. It also holds you accountable for delivering results.

Outlines

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Service BusinessMindset MattersClient AttractionSales StrategySelf ImprovementTime ManagementFailure LessonsGuarantee OffersEntrepreneurship TipsGrowth Mindset
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