From an outsider looking in, it may seem daunting and impossible to start your own business.
It’s not.
Plenty of people with lesser skill sets, resources and time, from all walks of life and of all ages have gone to live the life they’ve always dreamed of by simply putting one foot in front of the other. Like anything, entrepreneurship can be a taught and learned skill.
Remember the time when you learned how to ride a bike?
In the beginning, it wasn’t easy right? Unless you had an adult helping you while you pedal. The most challenging part about riding a bike is balancing and braking. Building a business is no different.
In the online marketing world, there is no such thing as an overnight success.
It takes time, patience, persistence – and, yes – it takes hard work.
Although I do not believe you can build a successful, profitable, or sustainable online business overnight – I do believe you can build your dream business in as little as 12 months or less.
In this video, I share the essential ingredients of building your dream online business and the qualities that all students have in common.
I explain how getting clear on your vision and a business idea can impact the success of building your dream business and the importance of planning, marketing, and launching your ideas into the market.
I also share how your mindset impacts your ability to achieve your goals and dreams as well as strategies to help you stay focused on your goals and avoid shiny-object syndrome.
Everyone who has an online business needs to create a sales funnel in order to convert his website visitors into paying customers.
If you fail to do that, you will hardly make any money.
What is a Sales Funnel?
A sales funnel is a marketing concept that maps out the journey a customer goes through when making any kind of purchase. The model uses a funnel as an analogy because a large number of potential customers may begin at the top-end of the sales process, but only a fraction of these people actually end up making a purchase.
The sales funnel is one of the most fundamental concepts in sales and marketing. The top of the funnel signifies the goal of every business — to generate as many leads as possible — while the narrow bottom reflects how many of those leads are converted to customers by the end of the sales process.
Stages of a sales funnel can vary, but a traditional model follows these phases:
Awareness
Interest
Desire
Action
Successful businesses don’t just make sales here and there. They make sales consistently and with high enough volume that they can comfortably hire full-time employees. They know that despite having regular expenses, they are going to be profitable.
So how do they do it?
In this video, I will be showing you what sales funnels are, the stages of a sales funnel and examples of how I use sales funnels to achieve consistent growth and predictable revenue.
Facebook continues to be the reigning champ of social media sites, as the #1 spot where friends connect and share online. More than just a meeting place for friends, Facebook has grown into a venue for businesses to market themselves through interaction with customers and self-promotion.
Everyone is using Facebook these days. There are over 2.2 billion active daily users.
The ‘population’ of Facebook is massive!
No wonder businesses all want to use it to promote their products and services.
The problem is, 62% of small businesses feel like their paid Facebook Ads are failing.
No one wants to be throwing money at ads that don’t work! What good is such a massive pool of potential customers if you can’t successfully reach them?
Thankfully, there are ways to fix this problem. You don’t have to be part of that 62%!
In this video, I’m going to show you how to create a system within Facebook to grow your online business.
Starting a business on the internet can be relatively simple and affordable, but some expenses are necessary.
To start an online business, you’ll typically start out with a whole lot of ideas and not a clue what to do with them.
Starting an online business can mean significantly lower start-up costs compared to a brick and mortar store. But don’t be fooled, it is not free and a plan and budget are essential for success.
You might have the best idea in the world for your website but don’t have a solid plan on the “how” quite yet.
There are many costs associated with starting up an online business, and also considering your options for working from home. Depending on the type of business you want to start and how and where you would like to set all of this up, your startup costs can heavily vary.
There are tools that I use on a daily basis. All of my tools have been well researched and tested. If I don’t recommend a tool, then it’s not on my list. You can check it out here.
Take some time to put a plan together. Here are some planning points to consider. Remember that the business plan does not have to be complex and it is a continual process. That means that the plan will change and improve with age and experience.
Make sure you know your market – who is going to buy your product? Who is your customer avatar?
Multi-channels to market (i.e. Facebook, Instagram, YouTube, Blog) – proven to improve results up to 400%
Integrate the client experience – Are you giving your visitor what they need? Are you solving their problems?
How you will deal with
Content – where will you get content and images
Pricing & inventory – what are the competitive issue
Logistics – getting the product to your client
Service & support – how to service your customers
Payment & refund/returns – handling of payments and what methods to accept
Security & Payment Card Industry Data Security Standard (PCI DSS) Compliance
Easy-to-use purchase process
Marketing campaigns and requirements (including search engine marketing or paid ads)
Prepare a social media plan
With all of this in mind, let’s take a deep dive into what you will need to dish up some money for, and how much you can expect to pay for these necessities.
In this video, we’ll take a look at the typical startup costs associated with an online business.
You can also live anywhere you want, set your own schedule, and work as little or as much as you want, depending on how fast or big you want your business to grow.
No business or marketing experience is needed either. It’s a truly democratic medium for entrepreneurship.
Starting an online business is just like preparing a dish. If you follow a proven recipe, the dish will be delicious. It does not matter who is doing the cooking.
With an online business, all you have to do is follow the five steps outlined above. This system works until proven otherwise and it will not fail you.
In this video, I will share with you how you don’t need any money to start making money online.
It is possible to start an online business if you have absolutely no experience in how to set one up?
There are many outlets that you can start a business from but today I will speak about using Fiverr as your platform.
If you’re building or starting a business, then Fiverr is an excellent resource to get some of the time-consuming, and technical work done.
What is Fiverr?
Fiverr is a global online marketplace that offers tasks and services beginning at a cost of $ 5 for a job performed.
Fiverr’s platform revolves primarily around “gigs,” meaning that the services sold are typically a one-time job; however, the website also offers the opportunity to create “milestone” deliveries, meaning that you could retain a Fiverr seller for multiple projects or steps of a larger project.
You can use Fiverr gigs to get all of the services done for your company. What kind of business you set up is up to you. Do what you are most passionate about.
If you’re wondering what you could do, just go to Fiverr and check out what people are selling. It’s crazy how many different kinds of gigs there are!
Scroll through all of the different categories and start brainstorming what you could offer.
Then think about what you already know, the people you already know, and your own experience.
Based on all of that information, there will for sure be a business idea that you could run with.
In this video, I am going to show you how a person with no experience can start their first online business.
What You’ll Discover In This Episode:Preparing Your Family and Business for CoronavirusSmart Simple Things You Can Do to Be PreparedContinuing to Run Your Business in Lock Down Mode 0 shares Share0 Tweet0 Share0 Preparing Your Family and Business for CoronavirusThe media has gone flat out mad!There’s so many contradicting statements out there about the Coronavirus…It’s […]
What You’ll Discover In This Episode:How to Regain Momentum in Your Business.People Get Stuck in Their Own Comfort Zone.Become a Leader and Develop a System for Team Building. 0 shares Share0 Tweet0 Share0 How to Regain Momentum in Your BusinessHas there ever been a time in your business, where you’re cranking along…Your team volume is rising.Your […]
Producing content is going to be your way of generating leads and making sales.
Remember, that you’re not here to sell. The money you earn is in direct proportion of how many people you can help. This is how your influence and relationships will grow. When you grow these two factors, your business will flourish.
You can produce your content on Facebook or YouTube.
At the end of your content, you will want to add a ‘call to action’. This is also known as CTA. You’re getting the avatar to take action on a recommendation (more on this in the video below).
You want to do this every single day and this is how you build your business from scratch.
This is secret of the high-income earners. This is how they make their money.
Inside this video, I explain more in detail on how this process works. The details are shared on how to succeed with an online business. Over time, you’ll be able to scale your efforts and earn more money.
Someone asked, “Hey Matt, what’s your favorite way to present your network marketing business? A live presentation or a video presentation?” I’m going to give you my favorite!
My favorite way to present my network marketing business
If I’m presenting to a big group, I usually go through a full PowerPoint presentation making sure it’s very detailed.
I want to be able to interact with the audience, tell some jokes and create a good rapport, however, if I’m in a one-on-one meeting or with a handful of people in an in-home presentation, I prefer video.
Why?
The DUPLICATION factor.
When you present your network marketing business…
You want to answer the number one question people have in their minds.
If you don’t answer this question they WILL NOT join.
“Can I do it? Can I Be successful?”
See, you can have the best product in the world but none of that really matters if they don’t believe they can actually be successful in promoting your network marketing business.
On the flip side…
If they really believe that you can make a lot of money or that they can be successful through following your system then they will almost always lock arms with you.
Now, I’m going to give you my 3-step closing formula when presenting your network marketing business through video.
Ready?
The 3-step formula to close someone when presenting your network marketing business
For the sake of the lesson, let’s say I’m talking to John.
Me: “John, I want you to pay attention to how little I have to do to explain this to you.”
Then I OVEREMPHASIZE pressing play on the video (signifying how easy it is to “explain the business to him”).
Once the video is complete I’ll say something like:
Me: “Awesome, right? What did you like best?” *Wait for their response…
“Awesome! You know what? I couldn’t agree more. Now, I do have to ask you a question to see if you qualify to be successful with this.”
Now, this is counterintuitive.
What most people expect is for you to start selling them right away on your business but when you ask a question like that…
All of a sudden you’ve got posture, seem to not have much emotional attachment if they join or not and you’re qualifying your prospect.
Then you’re going to say something like:
Me:“Do you think you have the ability to push play on a video like I just did with you?”
What do you think they say every single time?
Yes!
So, step 3: Congratulate them!
Me: “Congratulations! You qualify. Welcome to the team!”
Put your hand out (signifying the deal has been made)…
…and get them plugged in and let them know that you’re going to show them exactly how to make all their money back in the next few days.
Boom!
If you want some advanced training on leadership
Feel free to hop over to LeadwithMatt.com. I’ve got some strategies there on becoming a powerful leader and recruiting powerful leaders.
I’d love to hear what your biggest takeaway was out of this in the comments below.
If you feel like this can add some value to some others, feel free to share it.
Take care.
If you’d like to learn how to impact others, check out this blog post.
Go Make Life An Adventure
Be sure to check out my Facebook and Instagram account for daily motivational and inspirational content.
Matt Morris #1 Best Selling Author of The Unemployed Millionaire
Everybody’s end goal is to continue to grow their network marketing business. Today I want to cover three simple steps that you can take to grow the right way and find success in the future. How committed are you? Read the three steps and ask yourself if you’re willing to take those steps.
STEP #1 – BE PROUD OF THE EFFORT YOU HAVE PUT IN
Misrepresenting the facts is really hurting Network Marketing.
When a person is so focused on signing up a new recruit that they are willing to minimize the effort, skill, and time it takes to build a successful Network Marketing business, they are hurting the profession as a whole. Further, you are creating an illusion that is not real, and will more often than not result in fast distributor drop out when they realize it requires actual work.
The old adage goes, “honesty is the best policy”, right? Tell your prospects how much effort is needed. Make them aware of the steps you took. Share the skill you had to learn and point them in the direction for future education. Do NOT tell them that it “practically grows itself,” and “it is so easy anyone can become a millionaire in three weeks.” Misrepresenting the facts will only lead to failure in the future.
Our stories are what relate to other people. When you tell your story to a prospect, they will think one of two things. “There is no way I could go through all that,” or “I am up for the challenge, let’s do this!”
Being honest with your prospect from the beginning will automatically weed out the people who do not have what it takes. It will save you time, money and effort down the road.
STEP #2 – INVEST IN YOUR FUTURE
There is almost no career on this planet that does not require training. As Network Marketers we have to learn a ton of skills. You have to wear so many different hats that at times it helps just to list them out.
Marketing Guru
Communication Expert
Product Expert
Motivational Coach
Time Management Wizard
Recruiting Agent
Team Leader
The list goes on and on but the need to learn something new every single day does not change. I encourage you to take time each day and advance your skills in each of these areas. Then when you recruit someone new make sure you convey your routine.It will not only prepare that recruit for what lies ahead, but it will make you the authority on how to succeed in Network Marketing.
STEP #3 – FOCUS ON THE LIVES OF YOUR TEAM
Defining why you are a Network Marketer is an important task. The easy answer is, to make a living. However, we are afforded a greater opportunity in this profession. We have the ability to improve and provide for people far beyond our immediate reach.
How many people do you know that could use a second stream of income?
How many families do you know that barely make it by?
If you take the time to define your purpose and if you decide that improving the lives of the people that you come in contact with, then Network Marketing can do so much more than provide you with income.
Ready To Grow More?
These are just 3 steps of the many strategies and tools to grow your Network Marketing business. This week I’ve unveiled a series of 75 Network Marketing secrets that will change your business. It features over 75 experts and entrepreneurs who have come together over the past three years to share their “secret sauce,” so to speak. The three home study courses plus workbooks regularly sell for $ 900 but this week only, I’m offering them for $ 49. That’s 95% off the regular price. But you have to act now!
What exactly do you learn in the 75+ training sessions offered?
The Paradigm Shift Coming For ALL Network Marketers: Eric Worre gives you the emerging trends in Network Marketing so you can prepare for the future.
Develop Knowledge, Skills, and Plans: The know-how, the ability, and the method of ensuring your success if found within these presentations.
The Latest Ideas and Strategies: Social Media, Recruiting, Confidence, Leadership, you name it, the latest ideas and strategies in every area of your business are revealed.
Create A Team That Produces: Learn how to mobilize a large team or make the most of a small one. The efficiency of your team will never be the same.
Focus: 80% of the growth we enjoy comes from 20% of the action we take. Learn what the highest earning Network Marketers in the world are focusing their efforts on.
Rank Advance: If you implement 5% of what you learn from these speakers, rank advances, income increases, and a better way of life will begin to occur on a regular basis.
We all are highly motivated with loads of energy and are constantly moving towards our goals, right?
Yeah, definitely not…
Every so often we get into what’s called a “slump” or a “rut” in our life, business, or relationships.
This is a feeling of stagnation where your motivation is gone, you don’t really want to work on your business or projects…
You’d rather just sit at home and binge-watch Netflix.
We all fall into these “slumps” in life…
…but what’s important is figuring out a way to get out of them!
The first step to get out of ‘rut’ in life
Take responsibility.
Understand that we are responsible for the feelings we endure.
We must discipline our mind in creating motivation & desire.
Take control over your thoughts, and you’ll take control of your feelings & actions.
When you’re able to take responsibility for your feelings instead of putting the blame on some external circumstance, you take back power over your life. Then you can move on to step 2:
Become hyper-aware of your patterns
Take notice of your patterns of thinking, motivation, and emotions.
Why?
You’ll begin to notice when you are in a ‘slump’ & can now get yourself out!
Not only will you be able to notice when you’re in one…
You’ll notice what put you into one in the first place!
For me – I can look back over the past 90 days and ask myself, “how much personal development have I been doing? How much have I been growing as a man? How much have I been growing as a leader?”
In every case when I’ve gone through a slump, it’s because I’ve slacked off on my personal development.
No matter the hundreds of books I’ve read…
The seminars I’ve gone to…
Or the number of countless hours I’ve dedicated to improving myself…
I will never stop.
It’s crazy, as developed as we can be that people would stop doing the things that got them to where they are.
What causes this slump?
It’s a lack of personal development.
A lack of building your character consciously.
If you’re not building your character consciously…
Society is.
If you’re not programming your mind…
Society is.
We must take control of our character, of our mind, and of our belief system.
Your beliefs lead to your thoughts which leads to your feelings which leads to the amount of action that you take which leads to your success.
If you’re in a slump in life or business
Program yourself every day…
Command yourself to be the better man/woman and better leader you ultimately want to be.
Start brainwashing yourself to become the kind of person that you need to become to have the results that you need to have.
Get back to your personal development AT LEAST 15 minutes/day.
Focus on building your character so that you can create what you want and stay out of the slump.
If you want some advanced training on leadership
Feel free to hop over to LeadwithMatt.com. I’ve got some strategies there on becoming a powerful leader and recruiting powerful leaders.
I’d love to hear what your biggest takeaway was out of this in the comments below.
If you feel like this can add some value to some others, feel free to share it.
Take care.
If you’d like to learn how to impact others, check out this blog post.
Go Make Life An Adventure
Be sure to check out my Facebook and Instagram account for daily motivational and inspirational content.
Matt Morris #1 Best Selling Author of The Unemployed Millionaire
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