The Trap That's Costing You Your $100k Months
b'Be wary; there\'s a little known TRAP that comes with making more money and revenue in your coaching and consulting business. Most entrepreneurs aren\'t even aware of this, and those who actually did experience it rarely talk about it!\\xa0
WHY? because it doesn\'t fit the narrative of success they want others to see, and it isn\'t apt for that image that has to be shown in public when you\'ve already earned good money and how your life is expected to look peachy-keen.\\xa0
This episode will totally throw you some truth bombs and help you rethink how you are building your business. Avoid the next level income trap (you don\'t have to experience it to learn from it!) and think through essential tips to identify the red flags and stop keeping yourself from getting to your six-figure months.\\xa0
Key points we covered in this episode:
\\u2714\\ufe0f Understand how business owners enter a revolving door of success and failure. Somebody doing $300k a year could have more money in their bank account than somebody doing $1M a year. Just what the 1997 song lyric says; "It\'s like the more money we come across, the more problems we see". Many get into the trap where they start to make more money and spend more money.\\xa0
\\u2714\\ufe0f One of the biggest culprits is hiring way too soon. Don\'t start getting people in before your business is even ready for it. Assess with truthfulness if you really need those people to support you, or is it just because you want to look good like how everybody else is doing out there.\\xa0
\\u2714\\ufe0f If you can\'t make money from the organic things you do, you\'re most likely not going to make money from Facebook ads. Or YouTube ads, expensive software, or a spanking new website. You\'re throwing money trying to reach more people without understanding the psychology of selling, copywriting, conversion, and all the basic things that make all of those things work.
\\u2714\\ufe0f Contrary to popular belief, it\'s possible to build a successful business without stress. How? By simplifying and using proven systems. You can take a vacation and still make sales.
\\u2714\\ufe0f Be careful why wanting to look the part of a "successful coach" can actually hinder your ability to create more revenue and cash flow in your business.\\xa0
\\u2714\\ufe0f It doesn\'t matter what level you\'re at, but your efforts will be futile if you build your business from a place of lack. If your mindset is rooted in "I need to get a client because I have to have this many clients pay my bills." This will eventually have you running out of clients, or your business is going to go bust.\\xa0
I crossed the million-dollar mark in business revenue with just one part-time assistant and without Facebook ads. Am I saying that you too should have to do it that way? No. But what I accomplished allowed me to create momentum and build my business with ease and grace.\\xa0
Loved this episode? Know that it\'s your time. Listen, love, when you stop playing small and show up fully, your business and income will naturally grow as you do too.\\xa0
Discover how to achieve the next Level of Authority and remove any blocks sabotaging your sales. http://shamecatankerson.com/'