Written by: Amanda Rose, Executive Contributor
Executive Contributors at Brainz Magazine are handpicked and invited to contribute because of their knowledge and valuable insight within their area of expertise.
Entrepreneurs in the online space are always talking about this "magic" income number. Yet relatively few achieve it. "6-SIMPLE STEPS TO 6-FIGURES" IS A LOAD OF HOT STEAMING BULL DUNG. Sorry to burst the fairytale bubble of that attractive marketing tactic, but it's simply a lie. A business has a lot of components. It's not 6 simple steps. It's more like putting together a 1000-piece-puzzle without knowing what the image is that you're trying to create.
To run a wildly successful business, you'll need to learn and implement a wide variety of skills, which will include the majority of the following:
Sales
Marketing
Product/Service Development
Building Authority
Website Design
Knowing your Niche
Funnels
SEO
Back End
USP
Elevator Pitch
Automations
Positioning
Distribution
Success Mindset
Bookkeeping
Accounting
Business Registration
Trademarks
Copyright
Time management
Money Management
Exposure
Working Income
Residual Income
Passive Income
Collaboration
Branding
Opt-In
E-Mail Automation
Quotes
Contracts
Proposals
Onboarding
Customer Service
Sales Copy
Advertising
This list goes on and on, but you get the idea - there's a lot to learn!
Don't let that scare you, though!
It's all learnable. When you thoroughly know how to run a successful business in all of its facets, you can create sustainable and scalable results.
HERE'S WHAT IT REALLY TAKES
MINDSET
Your mind is your moneymaker. Everything starts as a thought before it enters into the physical world. So, where do your thoughts come from? Your beliefs.
Your belief system governs your thoughts. Your thoughts evoke an emotional response, which in turn propel you into action, and those actions ultimately create your results. Knowing this, that your results are traced back to your beliefs, we can understand how crucial it is to have beliefs aligned with conscious desires.
To change your outcome, your work begins within. Master Your Mindset and you Master Your Life. Feed your mind and expand it daily. Rewrite your limiting beliefs into supportive ones.
Books, courses, masterminds, retreats, classes, & memberships, are all avenues you can explore to expand your mind!
CONSISTENCY
Consistency over time equals results. Rich and successful people don’t have more hours in the day, they aren’t necessarily smarter, and the majority of them are working less than you are, yet they’re accomplishing more. How? They understand the power of consistency.
People often ask me how I’ve managed to get 12 full-length books published, built over 30-programs in less than 2-years, run my business, fit in all of the media exposure, write articles (like this one), and all of the other things I do, plus find time to sleep! The truth is, I typically only work from 11 am to 4 or 5 pm each day. I understand the power of consistency, and I leverage that. For example, I know that if I commit to writing for 30 minutes every day that after a couple of months I’ll have a manuscript done.
Instead of trying to go gung-ho for hours on end day after day until you burn out and quit, commit to a manageable amount of time to work on each project that you can stick to no matter what! You’ll make leaps and bounds following this method.
SUPPORT
Successful people don’t do it alone. They have a great support network in place! To hit your full potential, you need to surround yourself with motivated individuals! We are the sum of the 5 people we spend the most time with, AKA, if you’re the smartest, most successful person in the room, you’re in the wrong room! Find people who challenge and motivate you to evolve into the fullest expression of your soul!
On top of choosing to spend time around other kick-ass individuals, get a coach! Olympic Athletes, Oscar-Winning Actors, & Fortune 500 Executives all have coaches, so why don’t you? A coach will be able to see what you can’t, help you progress faster towards your goal, and be a wonderful support in your life!
DIVERSE INCOME STREAMS
The old adage, “Don’t put all of your eggs in one basket,” holds true. Diversifying your income gives you options, and ensures even if one stream gets cut off that you’ll still have revenue flowing in.
Learn the 3-Income Avenues here!
STRATEGY & SCALABILITY
Typically most small business owners and entrepreneurs hit a financial “glass ceiling” before they hit $10K months. They find that they can only make a certain amount with the number of hours in the day based on their business model. This is where automation becomes crucial. You must leverage your offer in a way that it can serve more people without costing you more time.
I would highly recommend getting onto a platform that has easy integration of funnels, course hosting, checkout pages, e-mail marketing, and everything else you need to simplify a systemized onboarding process. I personally use Kajabi, and I love it. If you want to try Kajabi, you can get an extended 28-day free trial here!
PATIENCE
It doesn't have to take forever to hit and surpass those desirable $10,000 months, however for the average entrepreneur. It will take a few years.
Why?
Because you have a lot to learn, be in it for the long haul. Commit to learning, applying, and growing as an entrepreneur.
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Cheers to Your First $10K Month!
*Some clickable media, usually the book recommendations, are affiliate links, and should you choose to buy through using those links, then The Infinite Power of You Inc. may earn an affiliate payout commission. This is at no additional expense to you.
Amanda Rose, Executive Contributor Brainz Magazine
Amanda Rose is the founder & director of The Infinite Power of You Inc., a multi-published multi-genre author, business, wealth, & mindset coach, actor, motivational speaker, and online course creator. She is a multi-passionate entrepreneur who has been in the online space since 2013, and a sales expert for over 10 years. It's her passion to help her clients build lives of freedom and joy, and thriving businesses with multiple revenue sources, through strategies combined with mindset mastery. Amanda's mission to shift human consciousness to create soulful abundance through mindset practices.
