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Six Essential Steps To Build A Six Figures Business

Learn how to build a 6-figure business in six essential steps.

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Build a Six Figures Business

It took six failed startups before I found and perfected the blueprint that has helped me launch and scale multiple six and seven-figure businesses. Let me burst a widespread myth for you: building a thriving business isn’t just about stumbling upon a great idea and unleashing it into the world. A great business is built upon solid leadership, good management and the ability to learn from your mistakes. The secret is to create a sizeable customer base and hold onto it through thick and thin. Easier said than done? 

Let me strip it down to the bare bones for you: 

Create A High-Entry Barrier 

If you’re fighting for a share in a low entry barrier, high-competition market, you’re already losing the race. What’s a low-entry barrier market? It’s an industry anyone can enter with little cost to bear. This means you’re facing an increasing hoard of competitors and fighting tooth and nail for a shrinking piece of the pie. 

Creating a high-entry barrier means going after untapped market potential and creating a different, unique sub-niche of your own. That’s what Alberto Perez, Perlman and Aghion did by creating Zumba. And, that’s what Joe de Sena, the founder of the ultra-successful Spartan Race has done by creating a series of gruelling series of race events that have become a hit with the masses. 

Define Your Target Market

Your business concept and your audience flow hand-in-hand. The key to building a successful business is knowing your audience and anticipating their needs. Create a detailed buyer persona. These are your ideal customers. The ones you want to sell to. Find out everything you can about them. Their age bracket, location, yearly income, buying preferences, patterns. You need to understand the unique customer journey they take. Their emotional triggers, psychological needs, wants and fears. Engage with your audience. Ask them questions and look for gaps you can cement. Once you establish a positive feedback loop, you’ll know what approach to take. 

Decide Your Traction Channels

Finding your audience is only half the battle. The next half is getting them to notice and buy your product. This means deciding what traction channels to use. If you’ve done your research, you’d know where you target customer base spends most of its time. Whether they flock to Facebook, read blogs, respond to television commercials or emails, you need to build a strategy around channels that will maximize your conversion rates and drive your desired audience to your own product or service. 

The initial stage is all about awareness and education. The point is to get a small share of audience to notice and buy your product. Once you’ve got your initial audience, you can scale your campaign and build on it. 

Build A Win-Win Community

Building a win-win community is about leaving your ego at the door and giving every employee an equal footing in the company. Instead of filling job descriptions and pigeonholing your team, challenge them and watch them thrive. People enjoy a good challenge. It gives them purpose and helps them belong. Your job is to hire people bursting with potential, give them a north star, and let them chart their own course. As a leader, you can guide them, but encouraging independence promotes a healthy, competitive culture that in return helps the business provide more value to its customers.

Keep Revising Your Sales Funnel

You’ve done it all. You understand your audience, you’ve created a great product and you’re advertising on all the right channels. But, something’s amiss. Your CTR rate is through the roof but the conversion figures are abysmal. Now’s the time to go back to the drawing board. Here’s the thing about running a business. You’ll be going back to square one more times than you can count. You’ll face more setbacks than you can imagine. The good news? It’s part of the process. You’ve got to keep going until you can figure out a solution. Diagnose the problem and keep tweaking your funnel until you’ve created the blueprint that works for you. 

Learn From Others

This one’s a no brainer. Find mentors. People who have the acumen and experience to guide you. People who’ve been through this journey, pack a world of knowledge inside their brains and know the solutions to your problems. The right mentor will not just shape your business, he/she will help you become a better person and leader. Learn to network. Seek people in your field, outside your field, people who can give you a different perspective and people who are mavericks. Learn from your competitors and predecessors. And, especially,  learn from those who are doing it better than you. 

Ashar Jamil is the Founder & Head of Growth at Digitally Up, a SEO and Web Design Agency based in Adelaide. He has started, advised and supported several startups and business ventures such as ViewStorm.com, MeraPlan.com, and Berqproperties.com. He is also Marketing Director of leading USA based technology company, VoIP Terminator. Ashar is also the founder of PoondiApp, Pakistan's first dating app which has been downloaded 300,000 times.

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Entrepreneurship

Meet Brendan Beasley, A 21-Year Old Digital Marketing Specialist

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As the internet continues to shape the business landscape, entrepreneurs and business leaders are tirelessly searching for new ways to market and grab their customer’s attention.

By using the combination of applied psychology and digital advertising, Brendan, a 21-year old entrepreneur has a unique approach when it comes to driving sales and getting eyeballs on your brand. Brendan started his marketing journey shortly after making the decision to stop playing college basketball and focus full-time on his digital agency.

Like many other entrepreneurs starting out, he quickly experienced the brutality of business by facing defeat, embarrassment, and disappointment almost every day.

However, after learning from his setbacks, his curiosity for marketing quickly became a passion and a major asset in his entrepreneurial tool-belt.

Rather than running ads on one platform and calling it a day, Brendan stresses the importance of “omnipresent advertising” to stay in front of potential customers and avoid the dangers of becoming a one-legged stool.

In combination of this unique “omnipresent advertising” approach, Brendan’s digital agency, Bow Tie Interactive, consults businesses across the United States on how to generate more revenue per customer, how to promote customer loyalty, and how to create experience-driven word-of-mouth conversations.

Brendan’s creativity and innovative thinking has positioned him as rising star in the digital marketing community.

With his dedication to becoming one of the greatest in the marketing space, there’s no doubt you’ll see more of Brendan in the future.

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Entrepreneurship

Lessons to learn from entrepreneur John Guaman

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John Guaman is a 23-year-old entrepreneur heavily involved in the trading and network marketing industries. While he did not grow up wealthy at all; in fact, he was part of a lower middle class household, he watched his parents work two jobs each so they could put food on the table. He started working when he was about 12 to 13 years old doing yard-work, selling CDs, or anything that he could do to be an entrepreneur and help take care of his family. 

Watching his parents struggle while he was growing up is what inspired him to develop his mindset so he could have the income to achieve all of his dreams and goals. When he was 13, he knew he was going to have to own his own business or he would never become wealthy, and that is what sparked him to get involved with his first business when he was 18 years old. John is a huge believer in the law of attraction, and that you attract to you what you think about most of the time. When he was first introduced to the network marketing industry he was extremely skeptical. It only took a few months for him to decide to take a leap of faith. He didn’t make much money with his first venture, but he fell in love with the process of learning and personal development. 

Along the way John has had many setbacks and failures, but he refuses to look at those failures as such, rather he looks at them as learning experiences and ways to grow. His mentor used to tell him “fail as quickly as possible in order to gain more experience”

John has studied the likes of Earl Nightingale, Bob Proctor, Tony Robbins, Joe Dispensa Jim Rohn, Drake, and more. Reading and listening to their material daily has allowed him to absorb their wisdom.

John believes that hard work, a willingness to be coachable, and burning desire to succeed is all that you need in order to start off doing anything and eventually become successful. He believes that if you combine consistency with humility, you’ll stay grounded and develop the right type of energy that it takes in order to attract success. His biggest tip for new entrepreneurs is to find a mentor early so that you have someone to help you avoid making mistakes that could set you back.

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Entrepreneurship

Coach Legend Has Mastered Financial Literacy And Is Teaching Us How To Do It Ourselves

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It wasn’t too long ago that Hanso Legend, better known as Coach Legend, was stuck on a 9-5 minimum wage job. Another statistic in America, Coach Legend was fighting to get out of the rat race and break through. 

A Haitian-American businessman, world-renowned public speaker, mentor and wealth coach, Mr. Legend is a multilingual marketing strategist who has countless years of solid and diverse professional experience in the areas of business development and leadership.

“My story began when I turned 7 and my Father put me on the airplane away to America. I remember being ecstatic about receiving a visa to enter the US. Imagine 5 people living in a one-bedroom apartment?” He stated. 

Years later, his persistence and ambition finally paid off.

Today, the 7-figure wealth coach is filling up arenas with his resonating message of hard work, perseverance, and financial freedom. 

At 33 years old, Coach Legend, CEO of Legend Credit Repair, has built a 7-figure credit empire focused on helping thousands of people reach their own version of the American Dream. 

“As a millennial, it is important for me to share the knowledge I have learned to help other millennials achieve success outside of a 9-5 job,” He stressed. 

Coach Legend grew up on welfare in the rough inner cities of St. Louis to now becoming one of the most influential leaders and among the top most sought after wealth coaches in the Network Marketing Industry. 

“One of my biggest insecurities was my thick HAITIAN accent. I knew I was a smart guy and I couldn’t always express verbally what I wanted. I remember talking at times and people making fun of my accent and it would set fear tingles through my body.” He recalled.  

Determined to make a better life for himself and his family, he began his entrepreneurial journey in network marketing at the young age of 19. Two years later, he had already become a six-figure earner and one of the top sales professionals in his company. 

Fast forward to today, his brand has grown to over 100,000 followers in social media

Specializing in a range of financial services including, but not limited to, credit restoration, credit monitoring, wills and trusts, credit litigation and financial planning, he has proudly helped thousands of people restore their credit, while helping them build financial wealth in the process. 

In addition to that, Coach Legend has found tremendous success working as a seven-figure success coach, teaching people through workshops and seminars on how to make the most out of their current financial situations so that they can build and grow their wealth. 

He has trained hundreds of thousands of people on how to build a successful network marketing business and has helped many people improve and strengthen their personal and leadership skills with his specialized mentorship training programs. 

A self-taught entrepreneur, he oversees some of the best minds in the Network Marketing Industry, Coach Legend is passionate about fostering creativity and innovation among his more than 100k followers on Instagram.

Countless people have stepped away from their 9-5 jobs while creating six-plus figures, all thanks to Coach Legend’s powerful advice. His goal? To help at least 20 people make over 1 million dollars by 2022.

When speaking with Coach Legend it becomes evident that his talent is to bring out the best in people, to encourage them to stop living paycheck to paycheck and allow them to reach their full potential.  

Coach Legend’s success is due to incredible persistence, charisma and sincere desire to help people succeed. His laser-like focus, years of diligent work and ongoing self-development, along with total dedication have resulted in an evidenced strong leadership that delivered massive and excellent benefits to all ethnic groups, especially in his Haitian community 

“My mentors were instrumental in helping me create a seven plus figure business and I would advise anyone who is looking to become an entrepreneur, create multiple streams of income or start a business to create a tight group of mentors you can rely on,” he emphasized. 

There’s no question that Coach Legend’s is a force to be reckoned with. His charismatic & powerful presence will leave anyone intrigued to learn from him. 

Whether you find him on instagram engaging with his hundreds of thousands of followers or doing a speaking engagement in front of thousands, his mission is always the same: To help people break through the barriers that he once faced too, and most importantly, come out winning at the end.

To find more information about Coach Legend and his business, follow him on instagram here

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The Disrupt Podcast tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real life experience. This Podcast is designed to give them a taste of that.

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