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Have you considered what it would take to build a 6 figure business in 2021?

Have you considered what it would take to build a 6 figure business in 2021?

To make the maths simple (because I don’t know your profit margin) I’m going to talk about what it would take to bring in $250K cash in 2021.

Let’s look at the numbers.

If you had a programme worth $5000 you would need to sell 50 of them. That’s pretty much one a week. At this price you’d need to be having sales calls with people and in order to sell one a week you’d probably need to start off talking to between 5 and 10 possible clients a week.

Say you had a product or service that you sold for $1000, then you’d need to sell 250 of them over the year, assuming you only work 5 days a week that’s about 1 a day. If you were selling them on the phone that’s 5-10 calls a day but at this price you could build a nice online funnel and sell them without having to have a sales call.

At a price of $500 then you’d need to sell 500 a year, so a couple each and every day. At this price point I wouldn’t be using sales calls, you’d need a good solid sales funnel online.

Or if you had a $100 product then you’d need to sell 2500 of them. Which is around 200 a month. 50 a week. 10 a day.

Which one of those options feels easiest to you?

People often assume that low ticket products are easier to sell. But look at the numbers. What do you think is easier, selling 1 a week or 10 a day.

If you are pitching the right clients it is actually easier to sell a $5K product than a $100 one.

Because at a premium price you are able to change people’s lives.

Nobody believes that a $100 product is going to change their life.

But a $5K one? That’s a whole different story.

So if you came to me and asked me to help you build a $250K business in 2021 I would not be advising you to launch a $100 product.

If you want to earn $250K this year and would like my help to help you achieve your goals then book a free strategy call here.

But you’ll need to work hard.  It’s time to stop thinking about it and start investing in your future.

 

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About Lilach Bullock


Hi, I’m Lilach, a serial entrepreneur! I’ve spent the last 2 decades starting, building, running, and selling businesses in a range of niches. I’ve also used all that knowledge to help hundreds of business owners level up and scale their businesses beyond their beliefs and expectations.

I’ve written content for authority publications like Forbes, Huffington Post, Inc, Twitter, Social Media Examiner and 100’s other publications and my proudest achievement, won a Global Women Champions Award for outstanding contributions and leadership in business.

My biggest passion is sharing knowledge and actionable information with other business owners. I created this website to share my favorite tools, resources, events, tips, and tricks with entrepreneurs, solopreneurs, small business owners, and startups. Digital marketing knowledge should be accessible to all, so browse through and feel free to get in touch if you can’t find what you’re looking for!

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