11/23/2015
When you have a hard time in your business, take note of it because this usually means one of two things is happening:
1 - You need a system of basic principles that you have to have as a foundation for your business in order to simplify things in your business so that you do not overcomplicate things
2 - You have a system, but you need to go back to the basics in order to refocus your attentions effectively
The best thing you can do is to create a set of principles that are evergreen no matter what business you build so that it can be taught and implemented in anything and everything you do or teach others in.
My 8 Core Principles/Commitments are as follows:
1) Create, Own, or Buy all of the product(s) to offer to the world as a solution to a problem the people you want to help have and become a product of the products (Get All In)
2) Create content daily about your product(s) or the different solutions it provides to people's problems - blogging is the most powerful way to create and deliver your content while positioning yourself as a figure of an authority(Blog Daily)
3) Listen to an Audio Daily to help create your Content for your blog and social media posts for your business. Creating content is what we call in our industry as 'Cashing Your Checks' Listening to audios won't help you with Marketing strategies per se, but it WILL help you with good content and business psychology. Hop on to our Weekly Monday night and Thursday night calls and Live Casts to enjoy some of our best strategies and training:
Mon: www.tinyurl.com/empowerhour9PMLIVE
Thurs: www.tinyurl.com/allaccessLIVEjoinus
(Listen to a Daily Audio)
4) Read 5-10 pages of a book, but preferably something specific to help you read great examples of ways to create more and better sales for your business - for example: blogs, emails, and sales letters (Read Daily)
5) Daily Market your product(s) for 2 hours per day while working on your business for another hour everyday. If you will not take the time to market your business on a daily basis, you will unfortunately never gain the type of traction you desire to earn the kind of income people desire. If you want to be part time and work a full time job for the life of your business, do not market at least 5 days a week for at least 2 hours per day(Market Daily)
6) Call your new members and find out about their goals and why they joined. Help them by directing them to the resources that will better help them and save both you and them more time. Stay off the phone for long periods of time and stay away from explaining things for hours upon hours to people and they will trust you more, appreciate you a lot more, and you will make more money in a smaller period of time while being able to duplicate yourself faster if you need that in your business(New Member Coaching)
7) After you make money, you want to scale up your business faster by reinvesting 20% of your profits back into your business - this will eventually pay off big time over a period of 6 months to a year in much larger dividends while freeing up more of your time so that you can focus on income producing activities (IPA's) rather than Investing into just your business activities (IBA's)(Reinvest 20% of your income back into Paid Traffic)
8) Whatever events that you or your company has - or whatever your niche has to offer if your company does not have any - Get to the events. You want to learn from the Top Entrepreneurs in your niche and begin to mirror success. You also want to cultivate relationships with those in and out of your team to build a team culture with raving fans surrounding you. The events will give you up to date content for your blog, put you ahead of the rest of the 95% who do NOT attend events and set you apart as someone who takes their business seriously; as an authority with the social proof you will accumulate during them. Every successful entrepreneur attends events. (Get to the Event(s))
These are the exact Principles that 7-8 figure earners have use and still use to create the income they desire for their families while giving them time freedom to enjoy life with their families.
If you would like a more detailed version of how we do this and how you can use our principles in your business, feel free to get started for only $7 right here: https://getstarted.smartincomesystem.com
Spark any great ideas? Do you think anything else should be added to this list? Feel free to share them below, and Please share this post if you got any value! I appreciate you!