5 Step Business Success Formula
In this blog post I want to show you the 5 step business success formula of my mentor, Shaqir Hussyin. He used this formula to build 3 million dollar businesses within a short time!
Fact is, it’s not only because of a specific program. It’s the system you implement.
Once you get this, you can leverage it, siphon it and use it to blow-up your income in any online business.
It’s a proven 5 step process for creating results, and it’s virtually guaranteed to work.
Now pay attention and read this to the very end and then go ahead and take action!
1. Make A Damn Decision
You think you know what you want, right?
‘I want to be financially free’.
‘I want to make $10,000 per month’.
Sure? That’s it?
When you really ask people, almost nobody knows what they really want. What kind of lifestyle do you want? How do you want to spend your days? Where do you want to live?
Get clear, decide what you want, and how much it’s going to cost you.
The best exercise you can do about this topic is Frank Kerns Core Influence. Go to this blog post and do the first exercise (discover your CORE identity). Do this exercise to find out what you REALLY want.
2. Crunch The Numbers
What are you promoting?
How many sales do you need to make to hit your income goal?
What’s your average customer value?
When you know these things, you can figure out what to do to hit your goals. People who look for the cheapest traffic and want to spend $50 or less to acquire a customer will not become successful!
If you want to be one of the cheap marketers who spend $200 on a solo ad and quit Internet Marketing when they make no sales, that’s fine.
If a customer is potentially worth $1,000, $2,000, $3,000 or more in your business, how much can you afford to spend to acquire that customer?
The answer is $1,000, $2,000 or $3,000.
3. Drive A Crap Ton Of Traffic
If you can make $3,000 per customer, it’s reasonable to spend $600-$1,000 to acquire each customer.
You do this by driving a crap ton of traffic. You don’t make multiple millions of dollars online without spending a million or more on traffic.
You need to be consistently buying traffic, finding what works, blowing a few hundred or even thousand bucks (depending on what you can afford) on traffic that doesn’t work is a natural part of the business. Lost a few hundred or thousand bucks? Get over it.
If a trader loses a million bucks buying a stock he doesn’t cry about it and give up. He moves on to the next stock.
Eventually, you find traffic that works, that allows you to break even on the front-end or profit, which means you can SCALE.
4. Utilize Conversion Systems
Let’s say we have a friend called Joe.
Joe joined a popular biz-opp with us, he sent his traffic to the company Squeeze page which went to the company sales page. He had 10-20 follow-ups plugged into his autoresponder…
…all of which were being used by thousands of other people.
When he spent $10,000 on traffic, he lost money. When we spend $10,000 on traffic we break even or immediately make money. It’s not the traffic.
It’s the conversion systems. Custom Squeeze pages, video sales letters, pre-frames, follow-up emails, webinars.
THE SALES FUNNEL
If you want a high converting sales funnel of your own, you need to spend a few weeks or months learning how to build one.
You’ll need custom Squeeze pages, follow-up emails, videos, stories, sales pages and more.
That’s how you really blow up your conversions.
Which brings me to step 5.
5. Shortcut Your Success
Shaqir didn’t get to a million dollars in MOBE (one of the 3 businesses) doing everything himself.
He got there by hiring others to do the hard work for him.
It’s one of his dirty little secrets. He has a highly trained, professional team of marketers who work around the clock building the funnels for him.
Writing copy, creating sales pages, product content and more.
In the beginning it makes sense to do this stuff by your own, so you learn how to do it. But as soon as you can afford it, start to outscource some tasks. Go to outsourcing platforms like elance.com, freelancer.com, fiverr.com or iwriter.com and get stuff done for you. It’s definitely worth the money!
You save time and can concentrate on the important stuff, making money! Let others write your sales letter, create your squeeze pages, or write your follow up emails.
Let me know if you need help here, I can give you some more pages or help you find your personal VA (virtual assistant).
Want to know more about one of the systems where Shaqir was able to make more than 1 million dollars in commissions? It’s called MOBE, short for my online business education. Go to this link and register to get more information about it.
I am also part of the business, so if you have any questions, just let me know and I will get back to you as soon as possible and try to help you out starting your own business.
The key to every success is: TAKING ACTION!
< Did You Enjoy This Post? Subscribe To My Top Tier Profits Newsletter >