I’m swiping this off the Warrior Forum:
Eric Louviere wrote . . .
Going from six figures to seven figures is all about systems and reach.
How many people do you reach? What systems and mechanisms do you deploy to REACH the people you already do at the six figure level? What you need is to reach more prospects.
This usually requires you to leave comfort zones and push your own limits and thoughts as well. You have to do things that are currently not comfortable for you. This is called growth.
I saw Mike Filsaime on Fox News a while back. That’s (IMO) pushing your own comfort zone (and reaching a ton more people in the process as well). That’s called Public Relations (PR). If Mike continues to grab media spots, he’ll reach more people.
If you spend $2000 on Google Adwords per month, then you can ramp that up higher. You can spend 20k per month. You can initiate media buys online. You can enter the CPA networks. You can buy a ton of advertising online. See tribalfusion.com, advertising.com, etc
REACH is critical. The WF is reach. Do you reach the WF members through WSO’s? This is one market place (a great one at that).
Launching more stuff. When I asked Mike his opinion on how I can reach 7 figures over two years ago, he said: People think they must grow like this: 2k to 5k to 10k to 13k to 15k to 18k to 20k to 25k to 30k to 38k to 40k and so on.
It does not work like that. You go from 2k to 15k to 50k with each new Major change in your business - or launching a new thing. One launch can catapult you to the next financial level.
Matt Bacak said that if you make 10k per month, then you have a 10k per month business system. A 100k per month income has a 100k per month business system. That is true.
If you are at 1k per month, then you have a 1k per month system.
I have salespeople, programmers, technical support, web designers, graphic artists, customer support, mentors and partners. I have a call center… am implementing media buying… have PPC management company brewing… and so on. To me, that’s a 10 million dollar + business system.
When I made 10k per month, I had a 10k per month system. I did copywriting. Whoo hooo - what a system!
And since Wags wants an IM university… here’s your assignment for approaching the year 2009:
Pull out a sheet of paper and invest at least 20 minutes writing down what you think you need to do MORE of to reach 1,000,000 per year. Write down what specific things you can do. Here’s an example:
– Go to more seminars (speak at seminars)
– conduct workshops
– create high ticket products to sell my customers on backend
– quadruple my traffic
– finally test my stuff (split testing)
– outsource all the tedious stuff I dont need to spend my time doing myself
– launch more projects without worrying so much if people will like it or not
– strike relationships so I can expand my reach through JV’s, etc
– conduct tele-seminars and webinars in my market
– AND launch a new, killer, full-blown, membership site!
Things like that. (these are just examples BTW)
If you make six figures, you can make seven. You can do that by just
expanding your reach!
Lastly, the mindset is different at seven figures (but barely). The only
difference is there’s another zero