How To Build A 6 Figure Business

1 386
1 year ago
Categories: Education

Here's how to build a $100k/year (or more) business based on my experience doing it and coaching people. “Want to connect on facebook? Add me on Facebook: Follow me on Instagram: @aleksvitkin” In this video you are going to learn how to build a 6 figure business. This is a business that generates between $100 000 and one million dollars per year in revenue. If you are starting off from absolute zero and you have no experience, then setting 6 figures as your initial goal is very realistic. Later on I recommend to set the bar higher. Let’s get started with one small business, which can be started with just one person and how to generate $100 000 per year in revenue. The very first thing you need to know is that you will not be able to do it alone. It is very rare to meet someone who is able to generate 6 figures alone. There are very few people who can do that. I do not recommend learning just from experience. Although the biggest amount of learning always does come from experience, you need that starting point where you learn from others. The best way to learn from others is from something called a mastermind. A mastermind is to come together with peers, people on your level, some people below your level and some people above your level (people who have already reached what you are looking to achieve). If you exchange ideas, support, thoughts with those people, then you are able to maximize you return on time invested. That way you will be able to achieve results much faster. Instead of taking 2 years like it took me, you will be able to get the results for even 3 months. Most people sit in traffic, they do their job and they do all these standard, mediocre things. I am not against that. However, since you are watching this YouTube channel I assume you want a little bit more than that. A mastermind is a group of people who are 100% dedicated to reach the same goal as you. You are not surrounded by these old influencers, but also you are going to be surrounded by people who are relentlessly pursuing the same goal as you. As you decrease the amount of people around you who are doing the standard things and increase the time spent with people who are working towards something more, working towards more advanced skills and building a business and doing all this cool interesting stuff. That way you are going to be able to reach your goals easier. It is very important to have a working business model. If you do not have a working business model you will fail. I recommend not to spend the time to figure out the working business model. Just learn from the people that are already doing what you want to do. For them it is trivial to get to 6 figures, they know exactly what to do. For these people it is out of their reality to have a job and that is why you need to put yourself in their shoes and you do that by being with them, hanging out with them. Look at people while they are working who are making 100 times more money than you. You will see that they are not doing very special things. They are following a similar lifestyle to you. But they are doing a few things different and they are building assets in a few different ways than you. Most consumers who have a job and do the normal stuff, they just buy stuff that decreases in value all the time. People who are at 6/7 figures, they spend most of the time investing their money to make more money. Money is very important, but it is not the most important thing. The more value you generate for you, for other companies, the more you will get in return. How do you generate enough value for 6 figures? You need to find what valuable, precious skills are out there that you can learn in relatively short amount of time. Here are some very valuable skills: • Sales • Facebook ads • Copywriting • Email Marketing • Build Shopify ecommerce sites If you learn skills like these you will find that there is a lot of demand from other businesses and other people who need these kinds of skills.

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