I'm Mark Kumar, an entrepreneur running three successful SAAS companies and making six figures.
My passion is helping others achieve their financial dreams. I've discovered that there are five stages every entrepreneur must go through to reach the six-figure mark. If you follow these stages in order, you're virtually guaranteed to succeed because this is the exact path I followed.
Here's a breakdown of the 5 stages:
1) Master Your Job: Before diving into the online world, you need to master your current job. The skills you develop here are the foundation for everything else. Think of it as paid training for the next level. Become the go-to person at work.
Earning Potential: Your annual income plus 5-10%.
2) Digital Services: Once you've mastered your job, it's time to take those skills online. Offer your expertise as a digital service, helping others solve their problems. This will expose you to the international marketplace and provide a secondary income stream.
Earning Potential: $100 to $1,000 monthly.
3) Become a Creator: Leverage your expertise to create engaging content. This helps you reach a larger audience and position yourself as an authority in your field. As your audience grows, you'll earn their trust and easily sell your products.
Earning Potential: $1,000 to $3,000 monthly.
4) Develop Online Courses: Create online courses to share your knowledge on a larger scale. Your established audience becomes potential buyers, making this a scalable way to generate income.
Earning Potential: $5,000 to $15,000 monthly.
5) Online Coaching: Offer personalized coaching to small groups, helping them solve the problems you've encountered on your journey. This stage requires mastering communication, marketing, sales, and understanding human behavior.
Earning Potential: $20,000 to $80,000 monthly.
By following these steps, each one helping you move forward, you can make a lot of money online. Think about which step you're on now and where you want to go next.
Do you want to know something important about stages 2 to 5?
In each one, you've got to figure out how to make offers that people will pay for.
If you can't do that, you're in trouble.
But don't worry, I've got a guide that can help you make offers people will actually pay you for.