Go From Six Figures To Seven Figures In 2009!

[Eric Louviere]

I wanted to create a new thread for this, as this was one of the questions I asked several people when I was stuck at six figures. I did. I asked Mike Filsaime and picked his brain on this... John Reese... Keith Baxter... many others

Originally Posted by Steven Wagenheim

My 6 figure income came 4 years too late because I had to struggle through
making some of the biggest bone headed mistakes a person could make. And
guess what? I'm STILL making mistakes. I don't have all the answers. And at
this stage of my IM career, I am ready to pay for all the answers, provided
somebody can actually provide them.

In med school, you get the whole human anatomy...not just the vital organs.

That's all I'm asking for here.

So, here you go and have a great Christmas, Happy Holidays, New Years, etc etc etc

++++

Going from six figures to seven figures is all about systems and reach.

How many people do you reach? What systems and mechanisms do you deploy to REACH the people you already do at the six figure level? What you need is to reach more prospects.

This usually requires you to leave comfort zones and push your own limits and thoughts as well. You have to do things that are currently not comfortable for you. This is called growth.

I saw Mike Filsaime on Fox News a while back. That's (IMO) pushing your own comfort zone (and reaching a ton more people in the process as well). That's called Public Relations (PR). If Mike continues to grab media spots, he'll reach more people.

If you spend $2000 on Google Adwords per month, then you can ramp that up higher. You can spend 20k per month. You can initiate media buys online. You can enter the CPA networks. You can buy a ton of advertising online. See tribalfusion.com, advertising.com, etc

REACH is critical. The WF is reach. Do you reach the WF members through WSO's? This is one market place (a great one at that).

Launching more stuff. When I asked Mike his opinion on how I can reach 7 figures over two years ago, he said: People think they must grow like this: 2k to 5k to 10k to 13k to 15k to 18k to 20k to 25k to 30k to 38k to 40k and so on.

It does not work like that. You go from 2k to 15k to 50k with each new Major change in your business - or launching a new thing. One launch can catapult you to the next financial level.

Matt Bacak said that if you make 10k per month, then you have a 10k per month business system. A 100k per month income has a 100k per month business system. That is true.

If you are at 1k per month, then you have a 1k per month system.

I have salespeople, programmers, technical support, web designers, graphic artists, customer support, mentors and partners. I have a call center... am implementing media buying... have PPC management company brewing... and so on. To me, that's a 10 million dollar + business system.

When I made 10k per month, I had a 10k per month system. I did copywriting. Whoo hooo - what a system!

And since Wags wants an IM university... here's your assignment for approaching the year 2009:

Pull out a sheet of paper and invest at least 20 minutes writing down what you think you need to do MORE of to reach 1,000,000 per year. Write down what specific things you can do. Here's an example:

-- Go to more seminars (speak at seminars)
-- conduct workshops
-- create high ticket products to sell my customers on backend
-- quadruple my traffic
-- finally test my stuff (split testing)
-- outsource all the tedious stuff I dont need to spend my time doing myself
-- launch more projects without worrying so much if people will like it or not
-- strike relationships so I can expand my reach through JV's, etc
-- conduct tele-seminars and webinars in my market

-- AND launch a new, killer, full-blown, membership site!

Things like that. (these are just examples BTW)

If you make six figures, you can make seven. You can do that by just
expanding your reach!

Lastly, the mindset is different at seven figures (but barely). The only
difference is there's another zero

Eric
PS - Wags made me do it.
PPS - One of my goals for 2009 is to add another zero!

Happy 2009!

[Lance K]

Good stuff, Eric.

[TimG]

Eric,
Great post - Hope you and your family have a great 2009. I've found that the steps to a higher earnings level follow some form of progression based on as you mention stepping out of your comfort level.

For me it started with adsense, then progressed to affiliate products, then to my own products and speaking at seminars. Each new level has added to my profit potential and has involved learning new systems, spending some profits on growing my business (investing to grow) and entering a non-comfort zone.

As always, sound advice from you in your posting.

Respectfully,
Tim

[Kenneth L]

This is brilliant Eric. Thanks so much.

Kenneth

[Rod Cortez]

This is one of the many reasons why I like Eric. I remember back in the day when he was a budding copy writer and my oh my look how he's bloomed. He's not afraid to voice his opinion, give back to the forum, and walks the talk.

Good post stud.

RoD

[Steven Wagenheim]

Originally Posted by Rod Cortez

This is one of the many reasons why I like Eric. I remember back in the day when he was a budding copy writer and my oh my look how he's bloomed. He's not afraid to voice his opinion, give back to the forum, and walks the talk.

Good post stud.

RoD

Hey Rod, gimme some credit...I made him do it.

[Paul_Evans]

Warriors if you do not have Eric in your "must read" listings on the forum - do it now.

Reason why - You can DO what he teaches.

Listen...

A LOT of what is sold/taught today CANNOT be accomplished by average internet marketers. (oh, I know the sales page said you could, but you can't) It works for the sellers, but it's not going to work for the buyers for too many reasons to go into here.

HOWEVER - Eric's products/posts are for mass consumption. They work for the "average" IMer. That does not mean it's easy or simplistic. But using what Eric has posted in the WF can mean 7 figures for many.

He's not teaching trends or fads but fundamental business principles that work in any economy and any niche.


Eric, keep up the GREAT work!!

Merry Christmas, Paul

[Amy Bass]

Awesome post! I sure wouldn't mind hitting 7 figures in 2009. Heck, I was shocked when I hit six figures in '08. Now I see that it really wasn't as hard as I thought it would be. I have a feeling it will be the same for 7 figures. The trick is to just keep pushing yourself.

[Rob Canyon]

Eric,

I remember not to long ago getting a twitter from Richard Branson...
this is what it said..

-----
Wow! So apparently I have a bunch of "followers" here. So tell me about yourself! (Any business ideas I can fund?) ~SirDick
-----

Any business ideas he can fund... Now that's a 7, 8 or 9 figure empire
building question he's been probably asking others for years.

I think I'll change my vocabulary in 2009... See you at the top.

Merry Christmas,

Rob

[Christie Love]

Awesome post Eric. This was very helpful. Actually I started my new marketing plan today to grow my business in 2009. I will employ your techniques as I edit my plan for huge growth next year.

Thanks!

[Tony M.]

That's a very inspirational post.
I'm looking into every resource I can find on how to break the 6-figure glass ceiling.

Thanks for the thread, I'll keep watching it for more ideas or references,

Tony

[Rod Cortez]

Originally Posted by Steven Wagenheim

Hey Rod, gimme some credit...I made him do it.

My bad.......

......way to go Steve! Good inspiration.

RoD

[HappyCommando]

Great guidance! Thank you. It takes a lot of self-discipline to re-invest in yourself, though the payoff is huge!

[Melford Bibens]

Thanks Eric, I (and everybody else I'm sure) loves to hear about a "normal guy" making the big league!

My personal crusade is exactly that, I want to blast into new and differing fields of web profit, I too am a copywriter and ebook publisher. i know i have the potential to blast WAY past my current six figure land...just gotta do it!

Thanks man!

[GrantFreeman]

This is gold. Can't wait to see the movie, Eric!

Grant

[lburrell]

great post. I must implement these tips

[Matrix9162]

Impressive. Can't wait to try these ideas one day.

[templarjustice]

I can definitely agree with this post. But I don't think it's just for going from 6 figures to 7 figures. Getting out of your comfort zone is the key to entrepreneurship & business development. So, even from going from start-up to your first 6 figures this works as well, but requires more FOCUS in certain elements of the business for growth.

[X]

With hot posts like "What operating
system do you use?", it's dumbfounding
to me that this post has to be bumped.

Absolutely dumbfounding.

And people are worried about
competition?

X

[jonb]

Great post. Reminds what I like about this place -- pure positivity.

That's the key to success -- avoiding negativity, avoiding cynicism, avoiding fatalism. I'm making a conscious effort to avoid negative people and negative news (that's really hard to do right now!) and it's helping my mindset dramatically.

Forge ahead with optimism, Warriors!

Jon

[Jared Alberghini]

Originally Posted by GuruCreation

Eric, that was fantastic... Thank You so Much

Some thanks is deserved for you GuruCreation for bringing this thread back to life... I had not read this thread before, and I'm glad you brought this back to everyone's attention.

- J

P.S. Oh yea, I guess some thanks goes out to the OP too... TY Eric!

[Jared Alberghini]

Originally Posted by X

With hot posts like "What operating
system do you use?", it's dumbfounding
to me that this post has to be bumped.

Absolutely dumbfounding.

And people are worried about
competition?

X

X,

What about all the software companies who peruse the WF that are providing Operating Systems that will benefit from those types of threads...??? lol

.jrd

[edpudol1973]

Hey thanks for the great knowledge you share here... this is what I love to warrior forum.

[yesacpow]

I am not even in the 6 figures but that post just energized me to take the leap. Wonderful inspiration and I love it.

Hopefully by the end of 09 I can come back and say I remembered this post that inspired me to 6 figures.

[GrantFreeman]

Originally Posted by X

With hot posts like "What operating
system do you use?", it's dumbfounding
to me that this post has to be bumped.

Absolutely dumbfounding.

And people are worried about
competition?

X

It is dumbfounding, and as you know, this isn't the only one Makes you wonder if the new wave of Warriors thinks the internet is a room full of people playing Warcraft?

I'm making this one a PDF. Love your stuff, X.

Grant

[Samuel Lee]

Thanks for your great post Eric, and expanding your user base and contacts is always a greater way to generate a more profitable business for sure! An enjoyable read and thank you!

[jhongren]

Fantastic post! One of my mentors also shared with me...spend and invest more money to make more money!!! =)

Wishing everyone who posted here add another "0" to their earnings by December 2009!

Cheers,
John

[Phillip King]

Great post, although I am still working on the 6 figures.

[Rod Cortez]

If you make six figures, you can make seven. You can do that by just expanding your reach!

Lastly, the mindset is different at seven figures (but barely). The only
difference is there's another zero

I've known Eric for some time now and have seen him walk the talk. I think if people take a serious look at this post it will create new 6 and 7 figure earners.

I've been preaching the power of distribution for years on this forum and it falls mostly on deaf ears because most people are looking for the newest, latest thing; or, they're looking for that super fast short cut. Sure, there are genuine short cuts out there, but you've got to be really careful on the ones you choose.

Let me give you one example of what I'm talking when it comes to distribution. About 5 years ago I wrote a book, based on my own life experience, on how to meet and date women. It sold for $27 at the time and I drove traffic to the sales page using PPC based on 50 keywords. It made me a whopping profit of $400 a month.

Then I began writing articles and distributing them. I began using press releases, thus expanding my reach and distribution channels. Then I got a little smarter and created several more back-end products, as well as combining affiliate marketing by recommending some of my competitor's products (ones that I purchased and whole-heartedly could recommend). Then I added a high ticket backend.

I found other niche websites to buy advertising on, thus increasing my distribution channel. By testing, tracking, and tweaking all my advertising I was able to build a sizeable business. Wash, rinse, and repeat until you achieve your income goals.

The OP's recommendation on taking out a piece of paper and figuring out what you need to do to earn more is simple, but extremely powerful. I'm surprised this post didn't get more feedback.

RoD

[Traffic101]

This is true, you always have to be changing and adapting to survive in this market place. Thank you for sharing your wisdom with us. Someday I hope to be in the six figures arena. But I will keep an open mind and hope I grow from 1k to 15K to 100K!

Thanks again!

[James Schramko]

A lot of people commenting in this thread are saying stuff like "one day" and "I'd like that".

What happened to Today!!

Like is not even close to near enough. Desire is getting closer. To get 7 figures you need to be completely obsessed and immersed in it.

Eric won't tell you but he also has another thing in is favor. Instinct.

You need boldness, instinct, self belief and complete persistence.

Well done Eric, I remember when you posted about quitting your job. Things have changed for both of us since then!

[JeffreyM]

Can a complete newbie make six figures?

[Rod Cortez]

Originally Posted by JeffreyM

Can a complete newbie make six figures?

Of course, think of it this way: every six / seven figure earner was a newbie at one point. So it's very possible.

RoD

[Allurre]

Great post and outlook to expanding your income.

Very inspirational also. Pat on the back!