100k a Month Model
today I though I would share with you my
$100k per month business model.
Would you like that?
Ok, then let’s do it.
Now, before I do…remember you could
always just straight scale from the $20k model
with more traffic or more niches, products, etc.
But I like to do things efficiently, as you know, so
I have developed this model because it’s EASIER
than just scaling (still more work than $20k
per month, but if you are making $100k per month,
you could hire a few people to help you to do the
grunt work, the busy work, and anything else
you don’t want to do, right?)
Ready?
Get set…
Here it is:
$100k per month business model:
400 sales of products 1-10 (multiple products here) @ $100 == $40,000
175 sales of upsell products 1-5 @ $200 == $35,000
50 sales of 2nd upsell product 1 @ $500 == $25,000
Total: $100,000 per month
OR:
400 sales of products 1-10 (multiple products here) @ $100 == $40,000
175 sales of upsell products 1-5 @ $200 == $35,000
125 monthly clients at $200 per month == $20,000
Total: $100,000 per month
OR:
300 sales of products 1-10 (multiple products here) @ $100 == $30,000
100 sales of upsell products 1-5 @ $500 == $50,000
125 monthly clients at $200 per month == $20,000
Total: $100,000 per month
OR:
450 sales of products 1-10 (multiple products here) @ $100 == $45,000
50 sales of upsell products 1-5 @ $500 == $25,000
10 sales of 2nd upsell product at $2000 == $20,000
10 monthly clients at $1000 per month == $10,000
Total: $100,000 per month
Now, two things:
1) As you can see, at this level, there is lots of room
to mix and match here.
Sell more at $500, sell less coaching.
Sell more coaching at lower prices.
Sell fewer clients at higher prices for coaching.
It really depends on how you want to work.
If you have lots of lower ticket coaching clients, you
either have to do more cookie-cutter coaching, or
hire someone to do the coaching (in that case, need
to do more than $100k, to pay coaches)
But if you want to coach yourself…you probably can’t take on more than 10 – 15 clients at a time, even
if you outsource everything else.
2) This does require quite a few products. But keep in mind, you aren’t going to $100k the first month….so
you have time to create products. And just be sure
to create products that are “evergreen” meaning
you can sell them for several years and they don’t get
“old”. That way you are re-creating your business every few months – you can simply add products
to your stable, and get more front end buyers that way.