Let's take out all the guesswork in grading the first six figures.
Speaker AIn the coaching business.
Speaker AWhat does it actually take?
Speaker AWhat is the right funnel to use that actually works to hit the first six figures?
Speaker BWhat we're going to do today is that we're going to talk about all the things that are necessary on a principal level to make sure that we can execute a six figure funnel with efficiency.
Speaker BSo could you please just share your perspective of what are all the problems of like both figuring this out but also the problems of not having this.
Speaker AMaking the first 10k, it takes kind of the same time as it does to make the first six figures.
Speaker ASo it's not hard to make six figures.
Speaker ABut the problem is a lot of people are trying to just test stuff and then hope it will work.
Speaker AAnd in this phase, hitting the first six figures, coaches are quite new in the business and they are still at the stage where they believe that.
Speaker AOh, but I believe I know what to do.
Speaker AI can just take a look around what others are doing and then they look like absorb everything everyone tells them.
Speaker ASo someone tells you should do a webinar.
Speaker ASomeone tells you should do this and someone tells you should do this.
Speaker ASo the biggest problem is literally they do not have a funnel.
Speaker AThey do not have one strategy, but they do a lot of stuff.
Speaker ASo I think the most people where it takes a long time to hit six figures is because they're doing a lot of stuff.
Speaker AIt's just not a strategy or it's not a full working funnel.
Speaker BIt's accurate.
Speaker BI totally agree with what you say.
Speaker BThe other side of the same coin is it's the first real emotional stress test.
Speaker BIf you are able to overcome the fact that you need to do the boring stuff, you need to do the work, you need to get over, you know, you're not serious until you've made your first six figures in a reasonable timeframe.
Speaker BAnd when I say reasonable timeframe, like minimum within six months.
Speaker CYeah.
Speaker BAnd you need to be able to repeat it as well.
Speaker BIf you Google it or if you ask around, you're going to get pieces.
Speaker CYeah.
Speaker BLike small pieces.
Speaker BAnd you're going to try to kind of build a blanket.
Speaker CYeah.
Speaker BOut of 45 different pieces.
Speaker AYeah.
Speaker BAnd it's going to be ineffective and it's going to leak and it's going to be in different materials and it's going to, you know, all of the things the blanket is supposed to do for you, it loses its efficiency and its function in all.
Speaker CYeah.
Speaker BAnd when we don't have a funnel that has the proper functions, then we are going to work hard with something that is going to generate nada for you.
Speaker AOn the other side, I believe that about half of the clients that we are getting are coming because they already had a funnel.
Speaker ASo they're so certain they already bought it in on a funnel.
Speaker AThey already got a marketer or someone, a coach telling them what to do.
Speaker AAnd then they're stuck with some funnel that is way too high level for the level they're at.
Speaker ABecause the funnel is built for scaling, it's not built for the first six figures.
Speaker ASo they are doing strategies that are just not working.
Speaker ABecause we need to keep in mind that when you're doing your first six figures, it's about stress testing.
Speaker AAs you're saying, is stress testing your message, your offer, your avatars will to pay.
Speaker AAnd there's a lot of things you stress test in your business in this period of time.
Speaker AAnd I see where people are spending a lot of time is they start with webinar funnels, they run ads to a webinar and then they expect to get people on a call and book them in.
Speaker AAnd in theory it sounds right, but the problem is that at this stage, first of all, they need to understand the messaging that hits through and they also need to have the avatar understand who they are before you hit six figures.
Speaker AYou do not have a brand yet.
Speaker AAll of these things is something you need to build while you make money.
Speaker AWhich means that if you're doing a good strategy, but at the wrong time, it's the wrong strategy because it's meant to work.
Speaker AIf you already got a name, if you already got a lot of client results that you can show what you do not at this point, there are.
Speaker BSo many things that needs to be in place.
Speaker AYeah.
Speaker BSo first of all, like you said, we need to have one avatar that we're targeting.
Speaker BWe need to have one funnel.
Speaker CYeah.
Speaker BOne offer, one program.
Speaker AYeah.
Speaker BAnd then we need to commit for a year to that.
Speaker BSo we have those five different pillars that allows us to really narrow down that.
Speaker BOkay.
Speaker BSo I'm going to get these five ones to work in the moment I have these five ones to work, then I'm going to be able to see that I'm getting something that is proper and functional and provides me with the opportunity to grow my business the way that I wanted it to.
Speaker CYeah.
Speaker BBecause if you're trying different funnels, if you're trying different programs, if you're trying different offers, if you're trying different avatars, you're always going to have to start all over again.
Speaker BBecause what concludes the complete funnel?
Speaker BIt's that we have a customer journey that takes them from not knowing who you are to buying your program.
Speaker CYeah.
Speaker BAnd anytime you change anything in that customer journey, you need to rework out the metrics and the data, and then you're right back at testing.
Speaker AI think a lot of people think, oh, in order for me to get clients, I just need to be everywhere.
Speaker AIn the beginning, it's about spreading yourself thin.
Speaker AOr you have different offers for everyone who comes in.
Speaker AI have a new offer and I.
Speaker BCreate a new thing for you.
Speaker AAnd yeah, new.
Speaker BLike, yeah, this is the perfect fit for you.
Speaker BI'll tailor fit.
Speaker BA great experience.
Speaker AYeah.
Speaker BAnd that kind of dabble just destroys both momentum, but also spirit, because we need to acknowledge that people are going to rule in themselves if you allow them to.
Speaker BAnd anytime and every time you're changing something, you're doing it for you because you don't have the stamina or emotional strength to carry it out until you see, how do I make this work?
Speaker CYeah.
Speaker BThe five big ones that we usually call it.
Speaker BIt's first of all, avatar.
Speaker BDecide on an avatar.
Speaker AHave one avatar.
Speaker BOne avatar.
Speaker AI help this and this and this and this.
Speaker BWe need to specify and speak to one person.
Speaker CYeah.
Speaker BNot three.
Speaker BAnd we need to specify what specific problem are we solving for these people so that we both become relatable, but also so that we become ultra clear.
Speaker BAnd we've said it a thousand times.
Speaker BYou can't be loud until you're clear.
Speaker BAnd you don't necessarily need to perfectly announce all the people every time.
Speaker BBut if you specify and speak with specificity about one person's needs and their problems are and where they want to go, you're going to reach everyone who can relate to that.
Speaker CYeah.
Speaker BAnd they're going to rule themselves in as one of your peeps.
Speaker BSo that's very important.
Speaker BSo that's the first one.
Speaker BThe second one is that we need to make sure that we have one working funnel.
Speaker CYeah.
Speaker BWe need to have one funnel that we invest in.
Speaker BAnd if we were to argue this entire thing that we're talking about, that is the funnel.
Speaker CYeah.
Speaker BBut we need to have one funnel, which means we're not running events and we're running VSLs and we are running workshops apart from the webinars that we're doing.
Speaker BAnd we're not doing evergreen webinars, and we're not trying different things at the same time because it also complicates your Opportunity of figuring out reading your business.
Speaker CYeah.
Speaker BThird thing is we want one offer.
Speaker BWe want to make sure that we are focusing and narrowing in on one offer with the specificity of our avatar.
Speaker BSo what is it that I'm offering?
Speaker BWhat is my guarantee?
Speaker BWhat's the risk that I'm taking upon myself?
Speaker BHow can I speak so that I can guarantee the outcome of the individual that is going to buy and invest in my coaching?
Speaker BAnd then the fourth thing is one program.
Speaker BWe're running one program.
Speaker BIf you have two programs, three programs.
Speaker BIf you make hybrid programs because you want to tailor fit stuff, it's going to mess it up for everyone.
Speaker BAnd then the last thing is we need to invest a year to make it work.
Speaker BYou're going to earn money and you're going to earn your six figures and more than that, way faster than that year.
Speaker BBut it's because you invested a year that you're going to earn those six figure faster.
Speaker BFunnel is just as important as the time horizon of how long am I going to spend making this work?
Speaker AI really want to talk about the funnel because now we're talking about the first six figures in the business.
Speaker AWhat is the most important things to master at this stage in the business?
Speaker BWhat stage?
Speaker BFirst six figures.
Speaker AFirst six figures.
Speaker BFirst six figures.
Speaker BThe hard thing that is annoying is the personal experience, working with yourself, becoming a person that can sell coaching, becoming a person that is confident enough to see it done, basically.
Speaker BBut then there are the tactical stuff that we need to understand because we're talking about strategy.
Speaker BWe have a six figure funnel and on a strategic level, it's kind of the breakdown, the flow chart of how am I treating people in every step.
Speaker BThat's the strategy.
Speaker BIf we're looking at a level below that, we come to tactics.
Speaker BSo how do I execute all the things so that I approach them in the best way?
Speaker BAnd the one thing that I mentioned in the passing is principles.
Speaker BAnd the principles are the most essential thing because the principles are forever working rules that makes the tactics work.
Speaker BAnd when the tactics work, we can fulfill the strategy.
Speaker BSo what's the most important thing to understand working with your first six figure funnel?
Speaker BIt's understanding the principle.
Speaker BWhat is it that makes people buy.
Speaker CYeah.
Speaker BAnd what is it that makes people specifically buy the offer that you have?
Speaker BAnd if you figure this out and if you put your attention to making this work, then you're going to be able to make six figures again and again and again and again.
Speaker BAnd it's not going to take long until you make six Figures a month.
Speaker BNo, because it's all about how can I commit to the service, to the individuals and the people.
Speaker AYeah.
Speaker BAnd one rule that I love is that when the sales department, even if you're doing your own sales, but when you're having a hard time in sales, it's because your marketing is broken.
Speaker CYeah.
Speaker BIf you're.
Speaker BYour sales is easy.
Speaker BIt means that you've done something right in your marketing.
Speaker AYeah.
Speaker BAnd marketing is all about know like and trust, preparing them for hearing the offer.
Speaker BThey overlap each other.
Speaker BBut if we have a sales problem, I guarantee you you can have a sales problem that is specifically sales.
Speaker BBut I promise you that you also have a marketing problem.
Speaker AIf we go back to your first six figures, what is it that you need to know?
Speaker AWell, first of all, you need to understand your avatar and you need to attract leads.
Speaker BYeah.
Speaker AAnd at this stage, since you're just starting up, I would say don't spend money on ads.
Speaker ASo you do not want to first need to put it up in a system.
Speaker APeople spend way too much time on systems automation too early at this point.
Speaker BAnd let's just define it six figures.
Speaker BIt's not about making six figures.
Speaker BYou could have run your business for years and you've made €20,000.
Speaker BThat's fine.
Speaker BBut if you're not making at least five to €10,000amonth, at least, I would say €10,000amonth.
Speaker BEverything that we're talking about is right down your alley right now.
Speaker CYeah.
Speaker BEven if you boosted my pride by saying that, oh, you said something brilliant.
Speaker BAnd I was like, yeah, I did.
Speaker BBut don't let your pride get you on this because it's so important.
Speaker BYou're going to save yourself years and years of hard work and struggle if you just realize that, okay, I need to be people focused first and then I need to build a system that allows those people to come closer to me long enough for me to realize that the purchase of your coaching is the number one priority.
Speaker AWhich means that the first six figures are not pretty.
Speaker AThe first six figures probably does feel like hostile because it's.
Speaker AEverything is new.
Speaker AIt's about learning.
Speaker AYou're in a learning stage.
Speaker AIn the learning stage of the foundations.
Speaker BYeah.
Speaker AAll the fundamentals, that's what you're learning in the first six figures, which means you need to get content out there.
Speaker AIt's about doing content, it's about getting leads and do that organically at this stage.
Speaker AAnd it's about having conversations with people so you get to understand your avatar because it's About.
Speaker AAbout building real relationship.
Speaker ABecause you actually want to understand the people you have in front of you.
Speaker AIf you're trying to not have conversations with people you just want them to buy, it's gonna take like so long time for you to get.
Speaker ANo.
Speaker ASo you need to have those conversations and you need to have people on sales calls.
Speaker AThe most important thing right now is to learn what language to use.
Speaker AAnd how do you know that?
Speaker ATalk to more people.
Speaker AYou need ask them.
Speaker AAnd the best thing is get them on sales calls and practice sales calls.
Speaker ABecause this is the stage where you should practice your sales call.
Speaker ASo you get up on a conversion rate.
Speaker AAt least 40% conversion rate on sales calls.
Speaker APractice that because if you cannot convert on a great level at this stage and you start growing your business, you will have a problem later.
Speaker BYeah.
Speaker BAnd be curious.
Speaker BDuring those sales calls, figure out your avatar speaks.
Speaker BWhat about their problems?
Speaker BBecause there are too many coaches out there in the kind of soft values areas.
Speaker CYeah.
Speaker BAn example is a life coach.
Speaker AYeah.
Speaker BIf it doesn't come with any specificity of what it actually means.
Speaker AYeah.
Speaker BIt's too vague.
Speaker CYeah.
Speaker BBreakthrough within.
Speaker BWhat?
Speaker BHow will it look?
Speaker BWhat are the pain points of being on the journey of breaking through that specific thing?
Speaker BWhat is the real breakthrough?
Speaker BOnce the breakthrough has happened, what's going to be needed by this person?
Speaker BIf you specify all of it.
Speaker CYeah.
Speaker BSo I help people live their dream.
Speaker BWhat does it mean?
Speaker BWhich dream are you going to focus on?
Speaker BOkay.
Speaker BI'm helping people to start their own business.
Speaker ACool.
Speaker BThen you're a business coach.
Speaker BLove it.
Speaker BGo ahead.
Speaker BSpecificity is the number one thing.
Speaker BSales calls is the best place where you can ask them and really figure out what it's all about for them.
Speaker CYeah.
Speaker BBecause it doesn't matter what you have for sale if no one wants to buy it.
Speaker ASo if we take it down to three keys for you to master, I would say you would probably not master them in your first six figures, but you'll get very close to the first one.
Speaker AIs your lead gen. You need to know how to get people interested in you and your brand.
Speaker AAnd that means you do your organic content.
Speaker AYou need to get a lead machine so you'll get people interested in what you do.
Speaker AMeaning talk to the right people, understand who your people is and talk to them in the right way.
Speaker ASecond thing is convert.
Speaker AYou need to know how to convert and that means you need to know how to communicate.
Speaker AYou need to have DM scripts so you know how to move people, how to get them want to move forward, not Focusing on, hey, you want to get a sales call, you want to buy my stuff but have them to want to be closer to you.
Speaker AYou need to have a clear scripts for your sales for your dming.
Speaker AYou need to book people in, get massive loads of offers out there to the right people and you need to know how to convert on sales calls.
Speaker AYou really need to practice and know how to close on sales calls.
Speaker BCan I add a secret sauce to that?
Speaker BJust like a real pro tip.
Speaker AYeah.
Speaker BIs you're never going to be able to do this without a tremendous extra effort unless you hire someone to do it together with.
Speaker BYou need help.
Speaker BYou can't do it on your own.
Speaker ANo.
Speaker ABut not from the beginning.
Speaker AYou need to understand it before you can give it away.
Speaker AOr are you talking about something?
Speaker BI'm talking about get a coach.
Speaker AOkay.
Speaker AI thought you were talking about like.
Speaker BOutsourcing this because I'm afraid to hire people.
Speaker BNo, no, no.
Speaker BIt's not the time to hire.
Speaker BIt's the time to master.
Speaker AIt's the time to lear that.
Speaker BYou need a coach and you need a specific coach.
Speaker BYou need a coach that can tell you how to take you from A to B, step by step, with specificity.
Speaker BWay more clear than you would ever be able to specify it yourself.
Speaker AYeah.
Speaker ABecause if you haven't made six figures before, well, you don't know.
Speaker BWe're talking about half a year.
Speaker BSix figures in six months, seven months.
Speaker AEight months, Everyone can do that.
Speaker BYou should look to invest between 20 and €25,000 in something like that for a journey of, let's say between 1800 and €2500amonth.
Speaker BI have great insight in what the marketplace and I've tried all the offers I've bought great stuff.
Speaker BI've obviously built what I think is the best thing.
Speaker BBottom line, we would never have been able to do this unless we have the great help that we've got had through this journey.
Speaker BThanks to us investing in us.
Speaker BWe are going to meet with 300 people who are doing over a million a year next week in Mexico.
Speaker AI want to take up the third pillar because we talked about have a system to attract the leads all the time.
Speaker BSo that's the first key.
Speaker BFirst, second key, conversion, conversion, third key.
Speaker AAnd third key is your delivery.
Speaker BYeah.
Speaker AYou can fool people in the beginning, but if you want to have a sustainable, growing business, you make sure your delivery is not where you spend the most of your time.
Speaker ASo you need to have a model for delivering big results and real results to your audience.
Speaker ASo they are Winning at the same time as you are not spending all of your time in delivery.
Speaker ADelivery, it's about 20.
Speaker AI think people are surprised how little time is in delivery compared to marketing and sales.
Speaker AEspecially in the beginning for you as the owner of the business.
Speaker BYeah.
Speaker ABecause you need to get to the place where you get someone to deliver to.
Speaker AOtherwise it doesn't make sense.
Speaker AAnd then it's about first understand how you make sure your clients are winning and then you make sure that how can I do it in a way where you don't need to be the one who's doing this one on one all of the time?
Speaker BYeah.
Speaker BAnd the good news is if the most coaches love the delivery so they tend to spend more time in the delivery in their business.
Speaker BIt's both good and bad news.
Speaker BBecause good news is that you love it, you love your people.
Speaker BThat's great.
Speaker BBad news is that you're not going to spend time in marketing and sales, which means you're not going to grow.
Speaker BBut the good news is this, because marketing and sales is 80% of the work, once you've mastered it, you're going to be able to give it away.
Speaker AYeah.
Speaker BAnd you're going to be able to have other people doing it for you.
Speaker AAnd you have that kind of business.
Speaker BWhere you, you need to show up, create content and you need to do all those kind of things, but the rest of the time you can spend with your people.
Speaker CYeah.
Speaker BAnd that's a great reward.
Speaker ASo we actually created a training, we have a step by step training on what this would actually look like.
Speaker AYou find the link down below here and besides that, like make sure if you like this episode, click like and subscribe and we'll see you next week.
Speaker BAnd we'll see you in the next episode.
Speaker BSam.