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- Learn to build a life-changing company in 2 minutes
Learn to build a life-changing company in 2 minutes
Use this playbook to build a life-changing company to earn $500K+ in less than 40 hours per week.
Read time - 2 minutes
Hey Everyone π
To me, a life-changing company pays you generously ($500K+) AND doesn't take up more than 40 hours per week. It may sound like a fairytale, but it's not!
I've built two of these cash flow machines β I'm sharing the recipe:
π― 1. Large Market: Size Matters
When building a life-changing business, targeting a large market is crucial. By tapping into a vast pool of potential customers, you'll have a better chance of:
Generating substantial revenue
Achieving rapid growth
Easily finding prospects
Eventually, narrowing down to a sub-niche will help improve profits, but a large market makes verifying proof of concept easier.
π 2. Proven Demand: Give the People What They Want
There's no use launching a business if nobody wants what you're offering. To achieve lasting success, find an existing offer that's working and tweak it to make it better or to serve a different customer.
Forget changing the world, focus on changing your life!
For example, I took Brightline from a generalist SEO Agency to a backlink acquisition machine. I also transformed OnDemand Storage from a storage company to New England's premier commercial storage partner.
I took proven demand and put my spin on the supply! And was rewarded.
π° 3. High Ticket: Aim for $500 or More
By focusing on high-ticket items or services (think $500 and above), you'll generate more revenue per sale, allowing you to scale your business faster. High-ticket products and services often have higher perceived value, making customers more likely to invest in your brand and trust your expertise.
Better yet, it takes fewer customers to impact your income substantially π΅π΅π΅and high-paying customers rarely complain...win/win.
π€ 4. B2B: Business-to-Business Means Bigger
Focusing on B2B (business-to-business) ventures offers a range of benefits:
Consistent revenue streams
Larger deal sizes
Long-term agreements
Cheaper to reach your prospects (B2C is expensive!)
Less emotional about purchasing (read more below)
It's better to sell to companies because they don't view their money as individuals do, meaning they're more likely to view your invoice as an investment vs. a cost.
π5. Recurring Revenue: Keep the Cash Flowing
Building recurring revenue into your business is a game-changer. With consistent cash flow, you'll have more financial stability and predictability, making investing in growth opportunities and weathering unexpected challenges easier.
Some of my favorite RR models:
Subscriptions
Memberships
Communities
Monthly contracts
Annual contracts
Service agreements
Having future income to rely on removes stress and allows you to be aggressive.
βοΈ 6. Minimal Leverage: Keep It Lean and Mean
With minimal leverage, your stress level will be low and your cash flow high. By avoiding excessive debt, maintaining lean operations, and focusing on organic growth, you'll have more control over your business and a solid foundation worth compounding.
Healthy savings account + high cash flow = Insulated against unforeseen events.
Have there been any of those lately? (π¦ )
Summary:
If you want to earn lots of money and have spare time to spend with family or get your golf handicap below 10 β you now have the playbook. Go and get whats yours!
Thanks for reading!
Barrett
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Brightline Media:πππ
I've been helping companies acquire high-quality backlinks to improve organic traffic and revenue for 6+ years. I compiled the most important info and case studies to help remove ambiguity and explain how you can explode your organic traffic with links (For FREE).
Let me know what you think!
Please email me at [email protected] with any questions, feedback, ideas, or opportunities!
Thanks for reading!