[OBO DIGEST] What It Takes To Make $1M in Your Business
Online Business Owner • July 4, 2024
Have you ever wondered what it really takes to make a million dollars within five years? Does this goal seem daunting or even out of reach?
We’re dedicated to turning your aspirations into achievements. In today’s feature article, learn about the foundational elements that can accelerate your journey to a seven-figure income, including setting realistic goals, taking decisive action, and maintaining a success-oriented mindset.
In addition, we’ve packed this issue with tools and resources that support your growth and efficiency, such as:
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Tools to enhance productivity and comprehension, organize your projects and ideas more visually and give your design skills superpowers.
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An article to challenge the traditional advice to save money.
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A guide to second order thinking and how this can impact your decision-making.
Explore all this and more below ⬇
The 4 “Must-Haves” To Make $1M Within 5 Years In Your Business
Achieving the goal of making a million dollars is a dream for many entrepreneurs. However, it requires more than just hope.
This article outlines the critical elements needed to reach this milestone: a solid foundation, realistic goals, decisive action, and a success-oriented mindset.
Success doesn’t happen overnight. By breaking down the journey into manageable steps, she offers practical strategies to help you make a million dollars in five years.
★ Speechify: Power through docs, articles, PDFs, email — anything you read — by listening with our leading text-to-speech reader.
★ xTiles: A visual workspace for organizing ideas and projects. Keep a context and see the big picture to support your thinking, writing, or ideation.
★ Diagram: Unleash your creativity with Diagram’s AI-powered design tools.
TRENDING READS
Why Saving Your Money Isn’t The Smartest Choice
Learn why the traditional advice to save might not be the most effective strategy for financial growth.
This article challenges the standard savings approach, exploring alternative strategies for enhancing your financial security and growing your wealth through smarter investments.
Second-Order Thinking: How To Make Better Decisions In Life
Explore the power of second-order thinking to enhance your decision-making skills, using compelling stories and practical advice.
This article breaks down the concept with a historical example and provides actionable tips to apply this thinking model effectively in your personal and professional life.
8AM: Your Morning Brief of Insight
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Unlock actionable insights on the science of productivity
The Productivity Blueprint is a free newsletter that breaks down productivity trends, top tools to apply them, as well as the ‘why’ behind the ‘how’. Sent directly to your inbox, every Sunday.
How To Build A Customer Journey That Maximizes Lifetime Success And Value Using The Peaks Model
Olly discusses the flaws in the traditional “Value Ladder” or “Ascension Model” in business, where customers are pushed towards higher-priced purchases. Instead, it introduces “The Peaks Model,” focusing on providing value and support at each step of the customer journey. The Peaks Model emphasizes building relationships and continuously delivering value, resulting in loyal customers and referrals. It suggests that businesses should offer smaller, achievable solutions rather than selling the ultimate destination, fostering trust and maximizing customer lifetime value.
[OBO DIGEST] Open this email for game changing tools — like chainsaws
This newsletter issue is a call for every entrepreneur to remember that there’s plenty of help available to improve all aspects of their lives. Relationships, health, and business performance can all be positively impacted by leveraging their specific tools and resources. A business owner who understands that leverage is the only way to scale their efforts will invest in tools, learn to use them and succeed above the average.
3 Simple Steps To Converting More Conversations
Would you like to know how you can make $200k in your business without anything but having conversations? Nina Concepcion shares 3 powerful simple steps to converting simple conversations into offers and sales calls.
