What’s It Going To Take To Make A Million Dollars?
Is it possible? Can I even do it?
I was laying in bed one day and this thought came into my mind…
What’s it going to take to make a million dollars?
It was interesting because it immediately put my whole business into a different perspective, so I had to share this with you…
First of all I want to make sure you notice exactly what I said…
‘What’s it going to take’
This brings up the thought, is it even possible? Just imagine in your mind… is the thought of making a million dollars a real possibility for you? …I’m guessing it’s a very distant picture
when you think about what it would actually take for you to make a million dollars, maybe you can’t even think of how you would do it (in that case you need to do some work)
Here’s what I first thought it would take for the real possibility of making 1 million dollars
1 I would need multiple steams of income
This would mean that I would need several cash funnels many of them set on autopilot (so you don’t have to spend time keeping them up) spread out over at least a few niches – even if they were in the same large niche. It’s easier to have several smaller successes then 1 large success like creating the next Facebook or something ridiculously unlikely.
2 I would need high priced products
This would mean I would have to focus on niches where high priced products are already selling. To do this I would need to build email list so that I could build up trust by providing value and over delivering on my lower priced products.
3 Lots of traffic that converts into sales
It’s true that with enough quality traffic anyone could make a million dollars. The key is to get visitors that are likely to buy what you have to offer.
This portion of the process will take the most amount of time and would require you to outsource part of the work. Getting traffic is not hard, but getting a lot of traffic takes time and a lot of effort.
Here’s the thing… I’m already working on all of these things and I can actually see my business growing as I learn how to do them better and as I take more action. I can actually see the picture of making 1 million dollars in my mind larger than ever before.
Can you do the same? What’s your plan for making 1 million dollars? Is it even possible for you?
What do you think? Please comment below to tell me.
Dude every post you put out is top notch!
this has given me some real insight into what I need to be going after online – awesome thanks
Yo Jeff you the man,
I think it all comes down to taking massive action and building up autopilot income streams.
I’ll be interested to follow you and see how you do it, I’m sure you’re way ahead of me and I hope to follow in your footsteps
Awesome guys thanks!
keep the comments coming… how do you plan to reach 1 mill? is your mind limiting you?
Yes, there’s definitely more than one way to do it with an online business, just think about others who have already done it.
Hi Jeff
Good post – I believe a big part of suceeding in addition to what you say is to have built your own product so you are known for something.
Providing it is launched correctly with something free or low cost up front so that you also build a list with the non buyers then you should at least end up with a multi thousand list and the credibility so that people will purchase from your list later.
I am currently making sales at around 5% of every person who opts in to my list so I guess having a large list as long as it retains a 10% click through rate means you will have some decent success from email marketing
Awesome Peter good plan… I wish you the best of luck with your business, good luck keeping that 10% click through rate (it’s much harder when you have a big list and subscriber who’ve been on it for over a year)
I like this topic! It puts Vision on a new level. Not like a line a goal in your business plan but as a challenge!
I’m just starting and still learning in this section of the Internet, but I recognize a gem if I see it.
Thanks!
Oigen
Hi Jeff,
What a great post, love the topic. I had hope that I would have made my million dollars by now. I have been online for sometime now and the results that I expected to have, I wasn’t getting so I decided to get myself a reputable mentor who has already made his million dollars to show me exactly how they did it and model them. I got lucky and signed up for Alex Jeffreys coaching program and can already see some great results and feeling more positive.
It has also enabled me to see where I was going wrong and the importance of having the right internet marketing mindset.
All the best,
Elizabeth
Hey Elizabeth thanks, I already know you’re further ahead then most people just keep at it
Alex seems like a good guy, I know several of his ’successful’ students and I’m sure you’ll be one of them
by the way thanks for promoting my products, I really appreciate it!