Making $60,000 a month PROFIT from IPO (Info product operator)
Summary
TLDRIn this insightful IPO interview, Kevin shares his remarkable journey from earning $25k a month to a staggering $60-80k monthly, leveraging the IPO model. With a background in high-ticket sales, Kevin discusses his transition to IPO, emphasizing its efficiency and scalability. He details his service offerings, focusing on optimizing sales processes to significantly boost clients' revenues. Kevin candidly addresses the challenges of leadership in managing sales teams and the importance of leveraging existing skills in the right opportunity vehicle. This interview offers invaluable insights for those considering the IPO model for business growth.
Takeaways
- π Kevin is currently generating approximately $60k to $80k a month from IPO, excluding startup fees, and anticipates consistent growth to reach $80-85k within the next 90 days.
- π Before joining the IPO beta group, Kevin was making around $25k a month, primarily from high ticket sales, but lacked strategies for customer acquisition and maximizing setup fees.
- π‘ Kevin saw the IPO model as the next step for leveraging his skills in high ticket sales to break the income ceiling of $20-30k a month, leading to a more than doubling of his revenue after joining the program.
- π Kevin's primary service offering in the IPO model is to optimize clients' sales processes, potentially doubling their revenue without altering other aspects of their business such as lead generation or marketing.
- π€ Kevin has managed to secure an average of 10% of the profits generated for clients, with some clients offering up to 15%, along with startup fees ranging from $10k to $12k, which he plans to increase to $15k to $20k.
- π Kevin is currently working with four clients, three of which are high-quality, generating at least $80k in monthly revenue, and one in the $40-50k range.
- β± The management of these clients takes Kevin an average of 4 to 6 hours a day, emphasizing the efficiency of the IPO model compared to traditional agency models.
- π« Kevin prefers not to handle traffic generation due to its unpredictable and labor-intensive nature, choosing instead to focus on controllable sales processes and CRM management.
- πΌ Kevin finds the IPO model to be the most efficient for leveraging existing sales skills, as opposed to other business models that may require more extensive and less predictable efforts.
- π€ Kevin suggests that the most challenging aspect of the IPO model is the leadership and management of the sales team, as people are unpredictable and leadership skills develop over time.
- π° Kevin believes that the investment for the public launch of the IPO program would be worth $25k, given the results he has seen and the curriculum and coaching provided.
Q & A
What is the main topic of the interview?
-The main topic of the interview is discussing Kevin's experience and success with the IPO (Initial Public Offering) model, his monthly earnings, and the strategies he uses to optimize sales processes for his clients.
How much money is Kevin making per month from the IPO model, excluding startup fees?
-Kevin is making approximately $60,000 per month from the IPO model, excluding startup fees.
What is the projected income for Kevin in the next 90 days?
-Kevin projects that he can increase his income to between $80,000 to $85,000 per month consistently in the next 90 days.
What was Kevin's monthly revenue before joining the IPO beta group?
-Before joining the IPO beta group, Kevin was making around $25,000 per month.
What is the main service offering Kevin provides to his clients in the IPO model?
-Kevin's main service offering is optimizing his clients' sales processes to at least double their current revenue without changing anything but the sales side of the process.
What percentage of profits does Kevin typically secure with his clients?
-Kevin typically secures 10% to 15% of the profits generated for his clients.
What is the average startup fee Kevin charges for his services?
-Kevin has been charging an average startup fee of $10,000 to $12,000, but he plans to increase it to $15,000 to $20,000 moving forward.
How many clients is Kevin currently working with?
-Kevin is currently working with four clients, three of which are considered good quality clients with at least $80,000 in monthly revenue.
Approximately how many hours per day does Kevin spend working on his clients' businesses?
-On average, Kevin spends about 6 hours per day working on his clients' businesses, though it can vary between 4 to 6 hours.
What does Kevin consider the most challenging part of the IPO model for people who are thinking about getting involved?
-Kevin considers the most challenging part to be leadership over the sales team, as managing people is unpredictable and requires ongoing skill development.
How does Kevin suggest potential clients get in touch with him for his IPO services?
-Kevin suggests that interested clients can reach out to him by sending a direct message on Instagram at his handle 'docff_do_kevfit'.
What is the public launch date for the IPO model that Kevin is referring to in the interview?
-The public launch date for the IPO model is mentioned as the 14th of June.
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