How to Earn 10k in 30 Days or Less
Hey, my friend! 👋🏻
I hear you’re looking to start upping your income and doing it right.away.
🎉 I love to hear it! 🎉
You are absolutely in the right place because today I am sharing with you my super simple 3 step process to help you earn 10k or MORE in 30 days or less.
The best part?
You do not need any sort of start-up capital to make this dream come true.
You don’t need to be tech-savvy either!
I’m gonna be completely honest with you my friend, you don’t even need to have an actual program to sell.
That’s right! This is all possible right now through the power of pre-selling your high-level group coaching program.
Before we dive in, I wanna make sure you get to know me a little better.
I am Molly Ann Luna and I am all about giving you proven, low-cost or now cost, step-by-step strategies to help you start, scale and skyrocket your online coaching empire.
I am beyond excited to share this strategy with you because not only is it the method I teach my students inside my legacy leaders academy program, but it is also what helped me earn $12,000 in five days when I first started my business a few years ago.
My dream for you is to make tons of money upfront and FAST and then spend the rest of the month building out a curriculum and delivering on your promise to your clients. ⭐
So if you're ready to discover how to earn 10k in 30 days or less, then let’s get into it.
Step 1: Get Crystal Clear on Your Deliverable
First thing’s first you need to be crystal clear on your deliverable.
To do this, I want you to make a power statement.
How do you do it?
Fill in the blanks:👇🏻
“I help [target market] go from [starting pain point or need] to [end point or goal] by [your solution].
Remember to be really clear and specific.
And know that, the bigger the problem, the bigger the price tag you can put on the solution.
AND - the faster the transformation, the bigger the price tag as well. 💸
For more tips on how to craft the ultimate power promise check out this video where I walk you through it step by step.
Once you’ve got your power promise on lock, it’s time for step two.
Step 2: Know Your Numbers
I’m gonna be real with you, math has never been my strong suit.
But - knowing your numbers is essential to learning how to earn 10k in 30 days or less.
So if math has always been a struggle for you, don’t give up. Do it for the business you love so very much! ❤️
To start off I want you to identify what your target revenue is.
For this example, we’re going to use $10,000.
Then divide that by your product price.
So - if your product was $100 you would need at least 100 people to enroll in your course.
And if your product was $2000 you would only need 5 students to enroll.
As you can see, the higher the price point for your high-level group coach program, the fewer people you will need to enroll to hit that target revenue goal.
The next part of knowing the numbers is understanding conversion rates.
You need to understand the conversion rates associated with each marketing strategy available to you. That way you can choose a strategy that will actually help you hit your target revenue.
When it comes to marketing your business the three best strategies are email marketing, webinars, and my secret weapon that I’m going to save for later. 😉
Let’s take a look at the conversion rates for each so that you can decide which would help you and your business the most. ✅
Email marketing is powerful.💥
You can write one email campaign and reach THOUSANDS of people.
The problem is that on average only about 1% of your email list will actually be interested in buying your product or service.
So let’s go back to the math again.
That would mean that if you are selling a $100 program, and you want to make $10,000 you would need an email list of AT LEAST 10,000 people.
Needless to say, if you are selling a lower ticket program, maybe this isn’t the best strategy for someone with a small email list.
On the other hand, if you need to sell a $2000 product to 5 people to reach your target goal of $10,000 you only need an email list of 200 people.
Much more attainable.⭐
Let this be your invitation to take a look at your core promise and ask yourself the real value.
What kind of promise can you deliver quickly and effectively that you can price even higher to make your email marketing conversion rates work for you?
Next up on the list we’ve got webinars.👇🏻
Webinars are a fabulous way to successfully convert a cold prospect to a red hot buyer.
And this is a strategy I always recommend to my clients and colleagues.
What I will say is that there is a LOT of work that goes into crafting the perfect webinar that successfully converts.
The math around a successful webinar is a liiiitle more complicated.
Only 51% of people that see your post inviting them to your webinar will actually register.
Then, only 36% of those people will actually show up to the webinar.
Don’t lie - you’ve signed up for a webinar and no-showed before!
I know I’m certainly guilty of this! 😬
Out of those who attend the webinar and watch it ALL THE WAY THROUGH - about 19% of them are interested in the paid offer you present at the end.
So let’s say after all the people who register and no show, you end up with 100 people who actually watch your webinar from start to finish.