The 6 Figure Business Building Model for Small Business
The 6 Figure Business Building Model for Small Business
I’m sure you’d like to know how can you create a six or seven figure income, do what you enjoy, and end up with time to do the things in life that mean the world to you? And how can you do it without the burden of lots of employees and overhead expenses?
I’ve owned businesses for 20 years. Believe me, like you I’ve had some tough times when I’ve struggled, felt frustrated and learned the hard way. But over the years I’ve created a business building system that works if you work it. Sometimes now I pinch myself when I realize what a great life I have and how lucky I am to do very profitable work that I love!
Listen--You can be self-employed and just pay your bills each month and work harder than you ever did when you had a job or you can become a real entrepreneur and build a little business engine that keeps on chugging even when you’re not around, and create financial freedom to live life the way you want to.
Is this your business now?
• You do some basic marketing, usually something that seems familiar and comfortable like networking, throwing ad in the local paper or on Craigslist, giving out a brochure or flyer. Whatever seems to work is what you stick with.
• You get clients and you sell your time for money.
• You sell them the same one or two core products or services over and over.
The problem is that you’re always trying to find more clients and you can never make more money than there are hours in the day. Not good in the long run.
This is what the business model looks like for probably 90% of self employed people. I call this the Treadmill Business Model because it keeps you on a treadmill repeating the same relentless, time sucking pattern over and over and your profits increase minimally.
There’s another model though, that will create rivers of new clients and sales. I use it. I teach it to my clients and other 6 and 7 figure entrepreneurs use it as well. Here’s what it looks like. I call it the strategic Maximize Your Profits Business Building model.
In this model you actually put 10 different profit creating strategies in place that work together to flood you with clients, sales, and more importantly, profits. Once each profit strategy is in place a good part of your business can run on autopilot, which is the great part because it set you free. Here are the 10 profit strategies
• ROI Marketing Strategy
• Online Strategy
• Referral Strategy
• Repeat Business Strategy
• Time Strategy
• Resources Strategy
• Joint Venture Strategy
• Viral Strategy
• Message Strategy
• Sales Strategy
What happens when you build your business with this model?
• Sales and profits grow like wildfire
• You’ve created sources of passive income
• You’re able to set higher hourly rates
• You build wealth
• You do the part you love
• You have more free time.
• You can make a difference in the world!
Why doesn’t everyone use this model? Because they don’t know it exists. Instead they make profit busting mistakes which you can read about in my next article!
You choose—which outcome do you want?
The 6 Figure Business Building Model for Small Business - To learn more about this author, visit Janis Pettit's Website.
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If you own a small or solo business or practice, or are an independent service professional here are some great business building ideas for you.
I’m sure you’d like to know how can you create a six or seven figure income, do what you enjoy, and end up with time to do the things in life that mean the world to you? And how can you do it without the burden of lots of employees and overhead expenses?
I’ve owned businesses for 20 years. Believe me, like you I’ve had some tough times when I’ve struggled, felt frustrated and learned the hard way. But over the years I’ve created a business building system that works if you work it. Sometimes now I pinch myself when I realize what a great life I have and how lucky I am to do very profitable work that I love!
Listen--You can be self-employed and just pay your bills each month and work harder than you ever did when you had a job or you can become a real entrepreneur and build a little business engine that keeps on chugging even when you’re not around, and create financial freedom to live life the way you want to.
Is this your business now?
• You do some basic marketing, usually something that seems familiar and comfortable like networking, throwing ad in the local paper or on Craigslist, giving out a brochure or flyer. Whatever seems to work is what you stick with.
• You get clients and you sell your time for money.
• You sell them the same one or two core products or services over and over.
The problem is that you’re always trying to find more clients and you can never make more money than there are hours in the day. Not good in the long run.
This is what the business model looks like for probably 90% of self employed people. I call this the Treadmill Business Model because it keeps you on a treadmill repeating the same relentless, time sucking pattern over and over and your profits increase minimally.
There’s another model though, that will create rivers of new clients and sales. I use it. I teach it to my clients and other 6 and 7 figure entrepreneurs use it as well. Here’s what it looks like. I call it the strategic Maximize Your Profits Business Building model.
In this model you actually put 10 different profit creating strategies in place that work together to flood you with clients, sales, and more importantly, profits. Once each profit strategy is in place a good part of your business can run on autopilot, which is the great part because it set you free. Here are the 10 profit strategies
• ROI Marketing Strategy
• Online Strategy
• Referral Strategy
• Repeat Business Strategy
• Time Strategy
• Resources Strategy
• Joint Venture Strategy
• Viral Strategy
• Message Strategy
• Sales Strategy
What happens when you build your business with this model?
• Sales and profits grow like wildfire
• You’ve created sources of passive income
• You’re able to set higher hourly rates
• You build wealth
• You do the part you love
• You have more free time.
• You can make a difference in the world!
Why doesn’t everyone use this model? Because they don’t know it exists. Instead they make profit busting mistakes which you can read about in my next article!
You choose—which outcome do you want?
The 6 Figure Business Building Model for Small Business - To learn more about this author, visit Janis Pettit's Website.
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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John AlexanderJohn has taught keyword research and SEO skills to small groups of business owners and Webmasters from over 80 different countries world wide since 2002. John is also the Director of Search Engine Academy ; Co-director of Training at Search Engine Workshops offering live, SEO Workshops with his partner SEO educator Robin Nobles, author of the very first comprehensive online search engine marketing courses at SEO Training Online and the SEO Workshop Resource Center. I look forward to hearing from you! - Visit John Alexander's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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Casey GollanCasey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website |
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
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David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
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