Four-figure months are something many business owners struggle to surpass. They want to experience the amazing feeling of hitting a 5-figure month.
So what exactly is a four-figure month? A four-figure month is when your revenue reaches at least $1,000 or less than $9,999 in revenue for one month.
If you’ve been a business owner for a while, there is a good chance that you have seen the highs and lows of running your own company. You may also be at the point where you’re thinking about giving up on your dreams, but don’t! Here’s how to get past four-figure months in 5 easy steps.
Invest in a Business Coach
One of the best ways to get more out of your business is by investing in a business coach. If you haven’t heard of a business coach before, they’re people who have experienced it all and can help you avoid making the same mistakes. A business coach will look at where your business is right now and help you set goals to get even better. They will help you figure out what areas need to be improved in your business, based on real data.
A good business coach will not only be able to show you what 5-figure months look like, but they will also be able to show you how to get there.
The key is to find the right business coach for your company. If you are just starting out or have been in business for a while but haven’t hit 5-figures yet, then the coach needs to understand how to work with both types of companies.
The best business coaches know that the 5-figure month means something completely different to new businesses than it does to ones that have been around for a few years. A lot of business owners don’t realize how important it is for them to find someone who understands what they’re going through and can help them with their unique issues.
Get 70% Clear on Your Niche
It may seem obvious, but 5-figure months are won by focusing on the right niche. It’s time to get rid of your old list of potential customers and start making a new one that focuses more on your ideal customer.
One of the biggest reasons 5-figure months stop is because we aren’t 100% confident in what we’re doing. I understand that starting a business and figuring it out as you go can be something that’s hard to avoid, but if you really want 5-figure months down the road then you need to do your best to get as clear as possible on your niche. If you don’t have a good grasp of your niche, 5-figure months will be impossible to achieve.
How many times have you heard people tell you that your niche needs to be narrow enough where you can dominate it, but broad enough for others to find value? 5-figure months are all about finding the perfect balance between these two.
The only way you can achieve 5-figure months is by narrowing down your niche so that people who are interested in what you have to offer will find you when they search online. This isn’t just about rankings on Google, 5-figure months are about converting these searchers into customers.
Offer Free Sessions
This may be a little more controversial than the others, but 5-figure months are won with free sessions. The idea is simple – give people a taste of what you have to offer so they can fall in love!
There’s a big difference between 5-figure months and 5-figure years, this means you need to find a way to bring in 5-figures month after month. 5-figure months are only achieved when you have a steady flow of new customers coming into your business, and 5-figure years mean nothing if you don’t have the consistency needed to keep them coming back for more!
This is where free sessions come into play, 5-figure months won’t happen overnight so you need to work hard to get people in the door. 5-figure months are all about putting out high-quality content that gets your customers excited, and converting them into paying customers once they are ready for more.
If you haven’t hit 5-figure months yet, it might be because you aren’t focusing on the right audience. You may be stuck in your old world of 4-figure months and think that what works for you will work for everyone else. 5-figure months are unique to your business, and the only way you can get there is by figuring out what 5-figure months look like for you.
Once you spend some time getting to know your customers, 5-figure months will be much easier to find because there will be no need to guess what 5-figure months will mean for your business.
Fix Your Mindset
It’s pretty obvious that 5-figure months aren’t going to come easy, 5-figure months are about getting through the hard times and pushing yourself to become a business owner who can handle all of the ups and downs. 5-figure months aren’t something you achieve overnight, they require years of hard work and dedication.
5-figure months aren’t a one-time occurrence; they’re a long-term goal that you work towards over and over. Businesses don’t get 4-figure months by chance, they come from dedication and a willingness to never give up.
You’ve probably heard the quote that says 5-figure months aren’t about big fancy strategies or complicated tactics — 5-figure months are found by doing what works!
As with most things in life, 5-figure months are all about your mindset. They are won by those who can find 5-figure months in anything, if you think 5-figure month businesses are only achieved by big companies then 5-figure month businesses won’t be found within your business. 5-figure months aren’t about competition, 5-figure months are about building a business that’s unique to you!
Master One Social Platform
No 5-figure month business is complete without months on social media, 5-figure months are all about driving traffic through social media. They also aren’t found by mastering one strategy or tactic; they require you to conquer them on multiple platforms. 5-figure months require a willingness to explore new social media platforms and test out different types of content.
5-figure months won’t happen overnight either, businesses will require years of trial and error before you get there. Businesses won’t need 5-figure month marketing budgets either, 5-figure month businesses will get 5-figures with or without big advertising budgets.
Remember, 5-figure months are the result of businesses that have successfully integrated social media into their marketing strategy, not about spending or budgeting. 5-figure months are about your unique audience and the journey you take them on!
Conclusion
To be successful in business, it’s not enough to just have a good idea. You need the mindset and skills to match so you can turn that idea into an income-producing venture. A coach can help with both of those areas because they are experienced in running their own businesses and know how difficult success is when your mind isn’t on board for the ride.
If you’re still struggling to get your business off the ground and surpassing 4-figure months, it may be time that you invest in a coach. While this might sound like an expensive endeavor, there are plenty of coaches who will work with you on a budget and help find out what is holding you back from achieving success as quickly as possible. Once we know where these roadblocks lie, we can start taking steps to remove them so that they don’t continue to hinder our growth potential. Ready to take one step closer towards surpassing 4 figure months? Let’s talk about how Top Tier Coaching Services can help!