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Stuck At Six Figures? Here’s How To Make SEVEN Figures A Year As A Coach or Consultant #59

July 4, 2022

Are you wondering how to make the next leap forward in your high ticket business? Are you stuck with all the tactics, strategies, and information you need to scale to seven figures and beyond? Do you have a coaching business and the systems in place but just couldn’t seem to grow your high-ticket coaching business?

Consider taking action with these strategies that Dan shares in this episode that will sustain and scale your business

Timestamps:

[0:40] How can you turn your expertise, passion, and experience into an online income stream? Test drive Kajabi platform Dan Lok is using and receives thousands of dollars worth of bonuses.

[1:47] As an expert, coach, and consultant, what are the mistakes that are holding you back from making beyond 6 figures?

[2:12] Lesson you need to learn if your high-ticket client really needs you for one-on-one coaching in order for you to provide value. 

[2:46] How Dan delivers value beyond just one-on-one coaching.

[3:27] How to get past the 6-figures plateau and make your first 7 figures.

[3:51] Discover the strategies to productize your expertise, knowledge, and experience.

[4:22] Find out what methodology can help you achieve 7 to 8 figures.

[5:02] Offer your high-ticket coaching niches by creating a system or curriculum that you can sell to coaches and consultants.

Transcript

Read Full Transcript

If you wanna turn your expertise, passion experience into an online income stream, the easiest and fastest way is to use what I use Kajabi before Kajabi. You had to deal with different providers to manage your content, build your website, send emails, and the list goes on. Now KJA offers everything you need to showcase your expertise to the world, your online courses, your coaching programs, your membership sites, and more under one roof, you can try for free at www.highticketexpert.com/kajabi. That’s highticketexpert.com/kajabi. And the best part is when you use this special link, you can test drive Kajabi for 30 days for free. Instead of the 14 day trial you see on the Kajabi website, plus you’ll get thousands of dollars worth of bonuses to accelerate your expert business as my gift to you as well. Give it a try today.

Maybe you are just getting started as a coach or as a consultant, or maybe you’ve been doing this for a while and you are stuck at that six figure a year, and you don’t know how to break through how to get to that seven figure as a coach or as a consultant. Now I was stuck at six figure year as a consultant for so many years, because I didn’t know what I’m about to share with you today. The framework that I’m about to teach you, you see, I was getting in my own way when I was working with clients one on one, and I thought, Hey, they need me. They have to have me in order to get results. Right? All my clients, they want me. So I was kind of a bit of a control freak. I couldn’t let go of no, no, no, no.

There’s no other way I could deliver value. I have to do this one on one. They need to know, you know, what’s in here, right? All that is just ego talking. And maybe you’re stuck with the same mindset. You think that, Hey, you have to be there one on one in order to deliver the value. You know what I used to believe in that. And it’s simply not true. And there’s time and place for one on one, but you could deliver value beyond than just one on one. So think about it. Imagine this, let’s say you have a cure for a disease that could help so many and you say to yourself, but no, I have to deliver this cure one to one and one to one and one to one, think about how many people you will not be able to help because we have this mentality on the reverse side.

Think about how many people, how many lives you could impact. If you just kind of get out of your own way and think, Hey, maybe I could serve more people. You are literally robbing yourself of the opportunity to impact more lives. But I didn’t understand. So if you’re stuck at that one on one level, think about this to make six figure, right? Six figure. If you are charging high ticket, no problem. So to work with clients, maybe you’re charging them per hour. Maybe you’re charging them per day, or maybe you’re charging them per month, whatever. It might be a retainer, which is a good model. Six figure. If you’re good at what you do, you’ve got leads coming in, you know, to convert those leads, you can hit the number, no problem. Maybe that’s where you’re now now to hit seven figure. However, what we need to do is to take what’s here, your expertise, your knowledge, your experience, and you need to productize yourself, you know, turn what you know into some sort of product that is scalable so that you are doing one to many, one to many, as an example, you’re working with clients one on one, not an issue.

Take what you know, take what’s in here and put it into some sort of online course, right? Some sort of online training. Now you could scale, you can sell one to many, one to many. And then if you wanna go to the next level, which is eight figure, what you need to figure out is how do you do many to many, many to many? So if you have an online course now, nothing wrong with online course, I have a lot of online courses, but the problem with online courses, just giving people a course, most people don’t use it. They don’t even log in. They don’t use your materials. And so they don’t get results. They just become expensive dust collector on the digital bookshelf. They don’t use your materials. They don’t use your curriculum, but you can sell a lot of them and that’s fine, but a percentage of them will implement and they will get results.

But knowing most won’t now many to many. On the other hand, now you have created some sort of curriculum, some sort of system, but you also have coaches or consultants that work with your clients on a one-on-one basis. So you are not working with clients one on one, but your coaches, the people that you trained are working with clients. One on one example, we have over a hundred certified coaches within our organization that are working with clients, coaching them one-on-one. But based on my curriculum, the curriculum that I have designed on high ticket closing, and what’s amazing is I got better results for my clients compared to when I was doing one to many. Because when I was teaching one to many, some get results, some don’t get results. Some don’t even log in, but now with a high level of accountability, now, my coaches are getting better results for my clients than me.

I’m so proud of them. Why? Because now they are coaching them one on one, you have that one-on-one personal touch. They are holding them accountable. They are making sure that they implement. They’re answering their questions on top of that. They’re following a proven system. So think about one to one, one to many, and then many to many. Now you may be thinking, but oh, but only I could do what I do. My clients only want me. That’s not true. Your clients don’t want you, your clients want an outcome. They wanna solve their problems. They want a result. That’s what they want. It’s not about you. It’s not about me. It is about the clients. Imagine you want a burger, you go to McDonald’s. Do you care if the CEO is behind the grill and grilling burgers and flicking the burgers, or do you just care? How quickly can I get the burger and get the taste that I want? You don’t care? Who does the work? So what they’re buying is they’re not buying you, they’re buying the outcome and results. So when we can get our ego out of the way, so what are we responsible for? We are not responsible as a coaching consultant for client’s results. Our process is so think about how you can go from one to one to one to many, and then eventually the eight figure many to many until then go high ticket.

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