In today’s world, becoming a six figure earner doesn’t pack the same punch as it used to. Goals have shifted; now entrepreneurs want to make even more. Making six figures per year in business isn’t good enough anymore, they want to be making six figures every month.
2015 saw a 6.4% increase in the number of billionaires worldwide, and the numbers keep growing. What this means for you is that becoming wealthy isn’t as impossible as it used to be. With the right tools and the right strategy you may just become a millionaire faster than you think.
If you’re one of these entrepreneurs who won’t settle for compensation in the high five to six figure range, read on. Here’s what you need to succeed, plus the tools Digital Altitude offers you to make that millionaire vision of yours a reality.
Achieve an Appropriate Amount of Growth
For starters, to make millions in business you first need to get your business off the ground. Startups that succeed find a balance of growth that gives their company enough traction to move forward. Too much growth too fast can be detrimental to a new company with inexperienced leaders. Other businesses, however, thrive with a lot of growth in a short amount of time. The founders of one failed startup said that what might have saved their business was “highly accelerated growth required to secure later-stage venture capital.”
When investors see your company’s early and rapid growth, they’ll trust that they’re putting their money in a worthwhile enterprise. Digital Altitude’s ASPIRE program gives new entrepreneurs the training and resources to grow their online business more effectively. From expert training videos to traffic and social media solutions, we provide the tools all startups wish they had. With ASPIRE, you can easily manage your business and start seeing that growth needed to make a huge financial impact.
Create an Effective Plan
Without a plan, how can you know where you are going? In our minds, we often “plan” for success, but until our plans are written down with steps to accomplish them, they are as fluid as daydreams. They have no substance, except in our heads. Millionaires don’t just dream of greatness, they make a plan, and they work for it.
How can you set the right goals that will lead to actual growth and revenue? Similar to ASPIRE, Digital Altitude’s BASE gives you step-by-step training for learning the fundamentals of running a successful business. Some fundamentals we focus on are goal setting and how to plan a business launch that drives positive results. We don’t believe in creating plans that don’t achieve the outcomes you hope for. If you want to make a million, let’s make a plan that will actually get you there.
Master your Marketing
Businesses who understand their customers’ needs and gather information on how their market runs are the ones who bring in millions. Their marketing strategies are the ones to be emulated. Think about it: how do you know the big-name companies? How can you pick out the McDonald’s golden arches or Coca-Cola’s signature logo? It’s because the way they get their name out makes an impression on us that lasts. The way they market sticks with us, their audience.
Do you know how to make such an impression on your audience? If you don’t, now is the time to learn. Look into using RISE, a digital mastery course that will teach you how to provide value to your audience and market to them in a way that increases sales and customer loyalty. Mastering how to market takes time, but why not let Digital Altitude help speed up the process?
Network, Network, Network
As one CEO explained, “These days, it’s not enough to keep your head down and produce A-plus work.” For a quality business that makes considerable results, you need outside resources, support and mentorship. You need to network. Alone, your business could do well. With additional suppliers and investors, for example, your small business could become more than you’ve imagined. But finding ways to network can be difficult when you’re trying to get your foot in the door of an industry.
Digital Altitude can help you there, too. Our networking events and retreats get you in contact with some of the most respected experts in business, all while getting the training to help you become a company influencers will notice. One of our programs, ASCEND, is a three-day networking retreat. Our most recent ASCEND conference was held in Hawaii (not a bad place to network, if you ask us). Kill two birds with one stone: come learn essential skills for your success and be in an environment where you have the chance to enjoy the atmosphere around you. Doesn’t sound like a bad deal. Check out our other networking events, too, like our Leadership Mastermind Retreat and our weekend Marketing Mastery Event.
Be Committed to More
Saying you’ll become a millionaire and actually committing to become one are two very different things. Making a plan for financial success is a good indicator of your commitment to this goal. But in your plan, you need to include ways you will set yourself apart from the competition, ways you will go above and beyond. Millionaires don’t settle for less. You need to be more productive than your competitors, more impactful, more organized and more efficient.
Becoming more than you are, though, requires some extra help. This is not something you can do on your own, no matter how much grit you have. At PEAK, Digital Altitude’s five-day retreat, we’ll help you take your business from mediocre to matchless. What will distinguish your business and make it something more? Expanding your reach with joint ventures, a talented and organized team, lifetime customer loyalty and business automation, among other factors will take you to the next level beyond millionaire. Learn all this and more at our next PEAK retreat.
Live like a Millionaire
Finally, if you want to become a millionaire, you need to live like one. This doesn’t mean that you run off to buy a beach house and two Teslas before making a dollar. In fact, it’s quite the opposite. Live in a way that you aren’t spending more than you can afford. One financial expert and mentor, Todd Tresidder, says, “Great wealth builders focus on both saving money and earning more.”
Millionaires are these accomplished wealth builders, so that’s exactly what you need to become. Learn how to become financially free, and how to increase wealth in addition to accumulating revenue from your business. Invest like the wealthy do. Increase your financial IQ and get in the game with the big contenders.
Digital Altitude has a program for that, too. APEX is our seven-day retreat for those who want to leave a “lasting legacy” and generate more wealth. Our courses will teach you wealth strategies that the experts live by and the tips that will create a financially free life for you. Plus, you’ll have the opportunity to network again with like-minded people who know the secrets to a wealthier life.
Digital Altitude is always geared towards your success. You can find evidence of that in each of our programs. For those of you who dream of becoming millionaires, we want to help you to get there, and with our proven programs and courses, we know we can.