I recently posted a question in my Persuasion Hitsquad Facebook group:
If you could only focus on ONE metric in your business, what would it be? Be SPECIFIC. (This also applies to money-making in general, not just for business owners.)
The responses were good, but they weren’t what I was looking for.
They were things like Lifetime Value of a customer, Return on Adspend, Effective Hourly Rate, Net Profit, Lead Generation.
Again, all good answers. But I’m looking for something more specific.
See, I recently had a big old “AHA” moment.
I was on the phone with a friend/client of mine who does around $500k/mo in PROFIT for himself. We were talking about my One-hour work-day (OHWD) offer and how I should focus on doing webinars to other people’s lists to promote it.
That’s been my plan all along and now I’m ready to execute.
But he took it a step further. He basically said “That’s ALL you should focus on. Just do one each week and you’ll be doing $100k-$200k/mo just from those alone in no time.”
When this guy talks, I listen. I’ve had that same idea, but not with the same level of focus that he made me aware of.
My problem is I like to create new products and offers and such. (It’s a good problem, but still a problem.) Once I get one offer to work well, I move on to another one. When what I really should be doing is making one offer work not just well, but INSANELY well. Like only focus on it until it’s absolutely crushing, then move on when it’s highly dialed in and automated.
So the path for me is now extremely clearly laid out: Do a webinar every week. If I do that I’m gonna make a whole bunch of (high profit margin) revenue.
That means I now have ONE KEY METRIC to focus on in my business: Do I have a webinar scheduled for Thursday at 1pm Pacific time?
If I do, I’ve hit my metric. Then, and only then, can I focus on other things.
Let me repeat: I have ONE KEY METRIC: Is Thursday at 1pm booked for a webinar? Preferably booked out at least 3 weeks in advance.
What metric could you create like this for your business or life? If there was just ONE THING you did that would guarantee your success or a massive income leap, what would it be?
Really think about this. I know it’s gonna make a huge difference for me, it could for you too. If you wanna discover your own ONE THING to focus on for almost passive income, check out my FREE training here:
Want to Create Your Own Almost Passive Income?
Get my free 111 minute training on how to learn Almost Passive Income Skills. You’ll learn:
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- How to stop trading time for money
- The best way to start making almost passive income in 2020
- Where to find people who will want to pay you for results instead of hours
- How to double your income without increasing your workload if you are already making money online
Talk soon,
Ian “one key metric” Stanley