10 ways to Get Profitable in Your Business RIGHT NOW💸💰
Sep 02, 2023
If the Honeymoon phase of your business has ended and you're still not creating consistent profits and onboarding new customers and clients, the are the crucial 10-ways to get profitable NOW that you need to know!
This is probably the most painful phase of entrepreneurship that we experience.
After the honeymoon phase the enthusiasm and excitement that thrust you past your fears when you started has dissipated.
You're tired.
You're frustrated.
You're a bit pissed off people aren't buying like you expected (like... wtf ya'll???)
You've tried a bunch of strategies.
You've been inundated by soooo many outside opinions telling you "THIS" is how you do it.
Nothings working.
Your friends and family don't "get it" and keep asking you when you're going to get a "real job."
And frankly... that minimum wage job at McDonald's actually doesn't sound so bad anymore...
HOLD THE MF PHONE ✋
You're at the CUSP of making it work.
And trust me I get it. My first year in 2013 I made $600 total. It took years to really make it work. Now, I'm a self-made millionaire. The average business isn't profitable for about 5 years. I know the online space makes it sound like if you Aren't a Millionaire-in-a-Month that you're doing it wrong, but you're not!
Statistically most (over 60%) of entrepreneurs NEVER exceed 25K Annually and most make way less than that annnnnd that amount is before taxes and expenses are deducted.
So even though it LOOKS like evvvvvveryone but you is crushing it... most ain't.
SO, HOW DO YOU GET PROFITABLE AT THIS STAGE?
1. BELIEVE IN YOURSELF
First of all, you have to believe in yourself. Even though you don't have proof it's going to work. Know it's going to work BECAUSE you're going to make it work. You have to be fully committed to staying the course.
Look, if this was easy we'd all be Millionaires+ but in reality very few people are.
Like anything worthwhile, accomplishing this goal takes dedication and effort.
2. SURROUND YOURSELF WITH WEALTHY AND SUCCESSFUL PEOPLE
We are the sum of the 5 people we spend the most time with, so SURROUND yourself with people you want to be like! Befriend entrepreneurs, reach out to people who inspire you.
I often reach out to people and they tell me they've been too scared to reach out because they view me as "out of reach" due to my extensive list of achievements. They forget I was once in their shoes. (FYI I'm super down to earth and love meeting new people.)
We're still just people, don't hesitate to connect.
3. UNFOLLOW ALMOST EVERYONE
You're over inundated with too many points of view, too many opinions on what you should do, and you need to have your eyes on your own road. UNFOLLOW a good 90% of who you follow. Get it down to just a handful of uplifting souls that inspire you and that whose message you align with.
4. STOP TELLING YOUR NON-ENTREPRENEURIAL FRIENDS AND FAMILY ABOUT YOUR DREAMS
It's really hard, but chances are non-entrepreneurs won't support or understand your vision and what you're going through. It's OK. Let your actions speak louder than your words, over time you'll show them what you've been doing. You don't need to be combating your limiting beliefs + theirs.
5. EXAMINE WHAT STRATEGIES YOU'VE LEARNED THAT YOU LIKE, DITCH WHAT YOU DON'T
You need to simplify the gargantuan amount of info you've ingested.
▪︎What have you learned that you enjoy?
▪︎Who have you bought from? What did you like about how they sold to you? How can you integrate that?
▪︎What strategies make your stomach churn? STOP doing those
IMPORTANT NOTE: There's a difference between something being unaligned with us AND something that feels uncomfortable due to our lack of familiarity. Riding a bike was scary before you learned how. Be aware that growing your business requires going outside if your comfort zone.
6. FOCUS ON SALES
Sales are the lifeblood of any business. No sales = no business.
This has no reflection on how good you are st what you do!
Remember: it's BESTSELLING author not BESTWRITTEN author.
Study sales. Practice selling daily. Master this.
7. EMBODY THE SUCCESSFUL VERSION OF YOU NOW
How would the successful version of you show up in:
their business?
Sales conversations?
Marketing themselves?
Investing in themselves?
Start acting like that person now.
8. BE ALL IN
Until you're fully committed you'll have a "too much" stopping point.
When it's too uncomfortable, too scary, too expensive, to time consuming, etc. You'll hold back. You can't hold back, you gotta go after this with everything you've got.
9. TAKE STOCK
What are you REAAAAAAAALLY doing each day to gain new clients or customers and get profitable?
Be honest: do you spend a lot of time scrolling your news feed?
Frequently we are putting time in but not taking actions that move our businesses forward.
Make a list of what you do in an average day to build your business.
10. CREATE A SCHEDULE
Make a list of daily income producing activities. Break them into time blocks. Do them EVERY DAY. It takes consistency over time to produce results.
BONUS #11: SIGN UP FOR CONSISTENT CASH AND CLIENTS
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NOW GO GET 'EM TIGER 🐅
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