Who else is looking to build a business around doing something you truly love… while simultaneously earning a great living to boot? Are you motivated by contribution as much as cash? Progress as much as profit? If you truly feel a compelling craving to CREATE a community of passionate people who you can truly help succeed, you already have the very BEST business model in the world in mind.
The truth is, if you can coach, teach or train people in an area that you already excel, and simply share valuable information that helps makes their lives better, you’ve got 90% of the puzzle put together.
Where most people drop the ball?
In figuring out how to make a profit from their passion!
In my experience, people go through so many hoops and confuse themselves by making the simple… complex.
If you know what you love, and you are good at it, I don’t care if it’s cooking or credit repair, you CAN make a great business doing what you really enjoy.
Here is the secret:
Making great money as coach, consultant, teacher, trainer, mentor, marketer or PASSION professional is about math, as much as it is about marketing. You need a certain amount of people to be exposed to your ideas, authority and expertise for each income goal you set, and there is really NOTHING more to it than that.
Let’s say you want to earn $150 an hour and you want to work 4 hours a day… 4 days a week.
That is $2400 a week, and while that may SOUND like a lot of money, in this business… as you probably already know, it really isn’t.
The truth is, you only need 16 coaching clients to pay you your hourly goal to hit that number.
Or – 8 who meet with you for 2 hours a week.
Or better yet, while this MAY sound difficult to believe, getting 3 or 4 premium priced clients who pay you several thousand dollars each for higher end coaching or consulting over the course of the month.
Remember, in the real world… a hairdresser, or karate teacher, or computer tech is going to earn 60-80 dollars on average for one client, meeting them in a LOCAL community.
With the WORLD as your stage, why shouldn’t you be able to get at least that much, if not double… if you are really good at what you do… and can literally work from people in every state, and every country in the world?
Here is my basic formula:
I write articles like this one 2 or 3 hours a day.
I force myself to write at a fast clip – 1 4-500 word article every 20 minutes.
Every article I write, over it’s lifetime… generates about 20 visitors to my website.
About a third of those will sign up for my list.
That means, on average (and on the low side) every hour I create content about 18 people join my community.
If I can convert 5% of my community (meaning 95% will buy nothing) to spend $150 with me at some point now or in the future… every hour, mas o menus, I’m creating about 1 new client worth about $150 to my business.
It’s truly about MATH, and not marketing.
The marketing is easy! (the math is the challenge)
Of course, where you can REALLY make a killing is scaling the above with ads, offers, and leveraging the viral nature of the web to get your marketing message out to more people… and using the very same approach on a larger level… building your brand, your blog, your business and your bank account to boot!