If I Had To Hit $10K/mo from scratch, I'd do this...

Summary

In this video, the speaker shares key lessons from their journey of growing an online coaching business from $0 to $10K per month. They emphasize the importance of mastering sales, rather than focusing on building products or systems early on. The speaker also highlights the value of surrounding yourself with people who have already achieved what you aspire to, and the power of visualization to align your mindset with success. Overall, the message is clear: focus on selling, learn from others, and mentally commit to your success to achieve growth quickly.

Takeaways

• 😀 Sales are the most crucial skill for growing your business. Don't focus on building a product first; focus on selling.
• 😀 Procrastination during the early stages of business can stall your progress. Take action and start selling early, even if you're not fully ready.
• 😀 Understand your customers’ needs before building your product. Gather data from actual customers rather than assuming what they want.
• 😀 Your product or business won't be validated when you're starting, so get really good at selling, persuading people even without proof.
• 😀 Focus on sales to reach your first $10K/month. Don’t get distracted by branding or automation when starting out.
• 😀 Get a mentor or follow someone who is already where you want to be. Being around successful people keeps you motivated and aligned with your goals.
• 😀 If you can't afford a mentor, consume content from successful people in your field to learn from them and get inspired.
• 😀 Visualization of your goals is powerful. Feel the emotions associated with achieving your goals before you reach them to prime your subconscious for success.
• 😀 Achieving your goals starts with your mindset. Embrace the feeling of success, and your brain will naturally align with those feelings to push you forward.
• 😀 Don't outsource early in your journey. Master the sales process yourself so that you can better teach and mentor others once you've achieved success.

Q & A

Why is focusing on sales critical when starting a business from scratch?

Focusing on sales is critical because your product may not be validated yet, and you won’t have a brand or status. Sales is what brings in customers, and understanding how to persuade and close deals is essential to reaching your first $10K/month.

What mistake did the speaker make during the first six months of their business?

The speaker spent the first six months building a website and researching, assuming that this would be productive. However, this time was spent procrastinating without engaging with real customers, which led to wasted time and lack of sales skills.

What approach should you take when building your business, according to the speaker?

The speaker emphasizes selling first, collecting data from actual customers, and then refining the product. It’s important to understand the market before investing heavily in building the product.

How did the speaker's mindset evolve after their first sales experience?

After making the decision to start selling, the speaker realized that their previous research and product development were unnecessary. They learned that actual customer interaction and feedback are what truly drive business growth.

Why is it important to get around someone who knows more than you?

Being around someone who is ahead of you serves two purposes: it provides you with valuable information and helps you stay motivated. Seeing others succeed at a higher level pushes you to put in more effort and make the necessary sacrifices.

What does the speaker suggest if you cannot afford a mentor?

If you can't afford a mentor, the speaker suggests following someone online—whether through YouTube, Instagram, or other platforms—and immersing yourself in their content and lifestyle to absorb their mindset and strategies.

What role does visualization play in achieving business goals?

Visualization helps align your subconscious mind with your goals by experiencing the emotions of success before achieving it. This process increases motivation and influences your actions, making success feel more attainable.

What is the significance of focusing on the feeling of success rather than the material outcomes?

Focusing on the feeling—such as the excitement of achieving $100K/month—aligns your subconscious mind with that goal, making it easier to take the necessary steps to reach it. It's the emotion and state of mind that drives progress.

What is the risk of hiring someone too early in your business?

Hiring too early can lead to outsourcing tasks that you haven't mastered yet. You risk relying on others without understanding the process yourself, which can cause more issues and prevent you from learning crucial business skills.

What advice does the speaker give about content creation on social media?

The speaker advises prioritizing education over entertainment when creating content. They focus on delivering valuable information that attracts serious clients, rather than flaunting a lavish lifestyle to appeal to a low-level audience.