Strategy

Want to make $100K in one month? Try these tips from serial entrepreneur Alex Jeffreys

Have you ever made $100,000 in a single month? How about sustaining that growth over many months in a row? To a solo entrepreneur hustling to build your business, this probably sounds far-fetched — if not impossible. After all, there are only 24 hours in a day, and you’re already working most of them.

There’s a good chance you’re feeling stressed, but you’re also afraid that taking time off means you’re not putting your all into the business.

Serial entrepreneur and Internet marketing guru Alex Jeffreys has a piece of advice that will help you reach that six-figure target without working 24/7: “To multiply, you need to simplify.”

Simplifying your work sounds counterintuitive, right? But Jeffreys speaks from personal experience. Like many new entrepreneurs, he was afraid to take time off while growing his coaching business.

For years, he felt a nagging pang of guilt whenever he’d take even a day off for himself. He worried that he wasn’t being strategic at growing his business. This fear of relaxation ran so deep, he even shied away from meditating.

“I was always scared that if I just relaxed, I’d lose my edge,” he said. “But what I realize now is that if I relax, I’m at my best. And it’s the same with the business.”

Then a mentor told him those magic words:  “To multiply, you need to simplify.”

Those words made him rethink his entire business strategy and change his mindset. After many wins, and a few losses, he came up with this proven strategy. Many of Jeffreys’ coaching clients have successfully used it to make upward of $100,000 in a single month.

Here’s Jeffreys’ insider tip: Create one irresistible offer and set up one TeleFunnel. Use paid advertising, such as Facebook ads, to get your offer in front of as many people who are likely to purchase it.

Once you start to scale, you’ll be on your way to making six figures. The paid advertising and automated TeleFunnel do the heavy lifting with sales, so you can focus on providing excellent service.

“My whole business is based on this premise: The aim of marketing is to make selling superfluous,” Alex Jeffreys said. “That means that marketing should do all the heavy lifting so that there’s really no need to sell, and automation is critical.”

Most of Jeffreys’ methods use heavy automation, starting from the Facebook advertising. After you’ve spent time creating your irresistible content offer, most of your time will be spent on providing your service. Because the leads you’ll get come from people interested in your service, you’re way more likely to close the sale.

“It may sound totally out-there to a lot of people, but it’s numbers,” Jeffreys said. “Here’s the thing: Numbers do not lie. Business has no emotion. Business runs. Business is simple, it’s people that make it difficult. … Once you streamline it like this, this is how you scale.”

Making $100,000 a month, every month, isn’t just about automating everything. Knowing your worth, and believing in yourself and your service is crucial, Jeffreys said.

“What I’ve noticed is when I’m speaking with people on the phone is that they have these mindblocks,” Jeffreys said. “They don’t believe they can make $100k in a month. They don’t believe they could 10 times their price.”

For clients who work with Jeffreys, he’s hired a mindset coach. He created an entire program for his clients to stop them from doing what he calls self-sabotaging. After working with the mindset coach, clients learn that they have what it takes to succeed and how to harness their own power.

“The problem that I’m seeing with a lot of people is that they believe they have to trade time for money,” Jeffreys said. “They believe they need a coaching program before they work with us, which is totally wrong. They believe that they can’t raise their price. They believe that they’re not worthy.”

The coach helps them realize that they can do all those things, Jeffreys said. This means they can spend their time working on the business, instead of grinding day in and day out.

“The whole premise is how to work on the business, not in the business,” he said. “It’s more about how you do it than what you do.”