Hitting 10k months is a topic we've talked about before, but today it's going to be slightly different.
I'll take you through 6 mindset shifts that will help you hit those 10k months without feeling burnt out at the end of each month.
Whether you're starting at 0, 1k, or already earning several thousand per month, these mindset shifts are going to help you make more profit.
Now, let's dive in!
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#1 Think long-term instead of short-term
There was a time I was always thinking about the next paycheck. I was thinking short-term and always feeling super overworked. Does this sound familiar?
If yes, please read on.
Everything changed when I changed my mindset.
If you want to scale your business, you need to give up some things, put aside quick-wins and short-term goals, and instead focus on your long-term vision. At times, it may feel like going backward, but think about it like this:
You must take two steps backward to take three steps forward.
For instance, say no to that 100 EUR offer and work on what will earn you 1000 EUR in the long-term. Looking at a situation like this is one of the core skills of any successful entrepreneur.
Therefore, create a vision for yourself and state your long-term goal. As you're working towards this goal, you'll encounter short-term wins, but always ask yourself: is this contributing to achieving my long-term goal?
#2 Follow the 80/20 rule
Most starting entrepreneurs tend to spend 80% of the time on things that aren't moving the needle.
If you find yourself doing the same, I want to introduce you to the 80/20 rule. It goes like this: 20% of the work you do will determine 80% of the outcome. This is one of my absolute favorite principles.
For instance, what happens most of the time is that certain activities will move the needle in your business—let's take sales as an example.
If you need sales, it will make sense to focus on your sales. However, the truth is that most people don't spend time on sales, and then they wonder why no one is buying from them. Imagine what would happen if you spend one hour on sales every day? That's 5 hours per week; in other words, that's 20% of a 40-hour workweek.
The 80/20 rule is a law of nature and applies to other areas of your business, too. I don't want you to only spend 20% of the time on things that are taking your business forward, but you must also look at the other things you're doing. For instance, can you bring those activities to being 80% good enough?
It's so easy to get caught up in details. I know this because I'm a recovering perfectionist, but you need to learn to let go. At 80%, you need to be OK with what you have. It's never going to be exactly it. So remember:
Let it go and be OK with 80%. Good enough is good enough!
#3 Solve a need, don't please your ego
The next one is SO important for your success as an entrepreneur. You need to solve a need rather than letting your ego speak.
Now, maybe you're wondering, “What do you mean by this, Amy?”
In short, don't create stuff because you want to.
I see this so often. Too many people create something, and when it doesn't succeed, they are so surprised. Trust me, I've made programs in the past that failed, and the main reason was that I created those programs for me.
Therefore, solve a need that people actually have. You can't let your ego run your business. If you're not solving a need, enabling, or fulfilling a desire, you're not running a business—your business remains a hobby.
#4 Focus on one thing instead of many
I always have so MANY ideas, but what I've come to learn is that having a lot of ideas doesn't mean you have to realize them.
If you want to hit 10k months consistently, you need to focus on one thing. You might cash in 10k per month if you do a lot, but it isn't sustainable in the long run, and you're going to be overworked and burnt out.
My tip: start focusing on one thing before you start adding more to the list of what you do. This way, you'll either be able to sell more to the same people or sell the same to more people.
For example, I've run several rounds of the Business Freedom Mastermind™️. I've tweaked some things every round, but the main coaching program is the same.
So, focus on one thing. Make it boom. Stack on more when you've reached your goals.
#5 Put your planning over your to-do list
Oh, I used to love to-do lists. I was the queen of to-do lists. But at the same time, I had reached the ceiling of what I was able to earn every month.
I always had so many things to get done, and then I realized that I wasn't necessarily the person to do these things, like setting up systems, landing pages, email flows, and so on.
Instead, I decided to stick to a plan. And you should do the same! A plan allows you to move towards your goals, to work on your business, while a to-do list will get you stuck working in your business.
Therefore, prioritize the plan over to-dos.
My tip: block 30 minutes every morning to plan your work for the next 3 days. By time, you'll turn that into 3 weeks and suddenly 3 months. Such a plan will also allow you to outline your main projects and then work backward from the deadline to schedule the deliverables and tasks.
Maybe you're also interested in this: These Three steps will turn you into a Time Management Guru – the CBA Principle.
#6 Delegate instead of executing
I know so many smart people who are trying to do everything by themselves. BUT that's not what will take you to 10k months.
Instead, start delegating instead of executing on your own. Hire someone who can help with the extra overflow, allowing you to work more consistently in your zone of genius.
For instance, I always thought no one wanted to do admin or systems, but it turns out there are. Some people love it because that's their zone of genius.
The same goes for delegating household tasks. I know so many feel ashamed talking about this, and they will tell themselves, “I can do this, so why wouldn't I?”
But think of it like this. If you can make more money while someone else can do the cleaning and ironing, why wouldn't you do that?
And even if you're already delegating and outsourcing, look at ways to tune this up to make it easier for yourself—in your personal life and business.
Now, this concludes the 6 mindset shifts to consistently hitting 10k months. Let's recap:
- Think long-term instead of short-term
- Follow the 80/20 rule
- Solve a need, don't please your ego
- Focus on one thing instead of many
- Put your planning over your to-do list
- Delegate instead of executing
Watch this episode on YouTube or listen via iTunes, Spotify, or wherever you get your podcasts, and search for episode 54 of The FastForwardAmy Show.
To scale your business even further, I've created the 6-Figure Freedom Framework, which provides you with the 10 pillars you need to create a 6-figure business and achieve freedom in your life and business.
Let me know what you think by tagging me in your Instagram stories with @fastforwardamy.
PS. TOMORROW, the preorder opens to the Business Freedom Elevator™️. This is your chance to increase authority, scale your business and revenue, and boost your visibility! Don't miss out. Register to join the waitlist for the next Business Freedom Elevator™️. The doors open tomorrow, December 2, with a €500 discount.
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