Have you ever felt like that?  If that sounds like you, then it’s time to STOP focusing on your income.  It’s time to start focusing on a long-term plan for success and diversification.  But how?  How do you free yourself from the day-to-day financial worry and really start to thrive?

The answer simply lies in starting your own high-end coaching program.   A high-end coaching programme (when designed and delivered the right way) will provide enough guaranteed revenue to enable you to stop worrying about money and be free to focus on your long-term success!

This is how the strategy works …

Sell Once a Year to Generate Guaranteed Revenue

• With your high-end coaching programme, if you market and sell the right way, you will only need to focus on the selling once and then you’re done for the year.

• Create a program with a limited number of spots, and you’ll only have to sell long enough to fill those spots and then you can focus on serving your clients and creating alternate revenue streams.

• Create a program with a fixed time limit, such as my annual programme, and you only have to sell those spots once per year. Then you’ve got the commitment for the income, and you’re free to focus on other areas of your business. No more worrying month-to-month whether you’ll have enough cash for next month; with a high-end coaching program, you can earn enough money to free yourself up for other pursuits.

Free Yourself Up to Look at the Big Picture

One of the biggest benefits for you and your business of creating a high-end coaching program is freeing yourself up to look at the big picture. If you’re like most people, you spend countless hours per week working on finding enough business, and the rest of your time goes to satisfying your existing clients. You never have time to think about the long-term plans for your business, or how to diversify your revenue streams.

Once you have the committed income of a high-end coaching program, you can stop spending so much of your time selling yourself and your services because you have a guaranteed revenue stream. Instead, you can focus on creating the other steps to achieve success in your business, and put together a long-term plan for your business!

In order to truly become successful in your own business, you’ve got to stop focusing on immediate income so you can begin to build a road map for long-term success.   Worrying about your day-to-day income is short-term thinking and can seriously hamper your long-term business success. When you start a high-end coaching program, you get financial commitments for a large portion of your revenue and begin looking at other ways to improve your business success.

So if you want to see an end to your day-to-day financial struggles and the beginning of long-term success, it’s time to start your high-end coaching programme!

Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com

If you’ve answered this question with a round number, like, $100,000, or $1,000,000, or an, “I don’t know,” you don’t have a goal, you have a wish.  It’s imperative that you know your goal income numbers, specifically.  You must know how much you have to net today, this week, and this month in order to land the yearly salary that will support the lifestyle that you desire.

Here are some get-specific Millionaire Mindset methods:

• What would you like to do in the next year? Move?  Take your dream vacation?  Send a child to college?  Hire someone to manage all of that stuff for you?  Or make it possible for your spouse to leave his or her job to come to work for you?

Don’t forget the smaller costs that go along with each large goal, like the cost of providing your newest employee with a company car and fringe benefits, travel costs, tuition, and your existing lifestyle costs.  Don’t estimate.  Make phone calls.  Get current pricing on airfare, college tuition, health care, or whatever bills you’ll have to foot.  Write it down…you’re going to need it.

• Now that you’ve done the addition, do the division. Break out the calculator and find out how much you’ll need to net in a month, a week, and a day.  This will give you a manageable and reachable goal path.

Lots of people say they want to be millionaires.  But if you ask them how much they need to make this afternoon to stay on track for that wish, you’ll likely be met with a dumbfounded look.  Once this step is completed, you will be distinctly separate from those with a wishing frame of mind.

• Challenge yourself in the pursuit of your income goal. If that means working an extra 30 minutes to meet your daily income goal, do it.  If that means negotiating on a deal, even if you’re not comfortable with negotiation, then do it.

When you know how much money you need to earn this week, in pursuit of the big goal, you’ll be encouraged to do the things that aren’t so desirable.  Every time you challenge the boundaries of your comfort zone, those boundaries will soften, and your comfort zone will grow.

A goal like, “I want to make a million bucks this year,” will never incite you to rewrite an email or to hold firm on your retail price for an item.  But if your goal is, “I need to clear another $50 today to stay on track,” you’ll push right through, because you will connect those little tasks with your big goals for yourself, your family, and your lifestyle.

• Successful business people always know their numbers. They rifle off their conversion rates, costs, costs of sale, and precise percentage profits.  Businesspeople who don’t know are probably losing money.

• If the thought of calculating, relating to, or speaking about numbers frightens you, then hire a business manager to do it for you.  Investing all of your energy in working in your business, without working on your business, will be detrimental to your income goal.

• The numbers might be simple now, but if your goal is to make a million dollars, or any other impressive number, you’ll have to expect the money flow, in both directions, to become more complicated.  Adopt a know-your-numbers attitude now, rather than jumping into a sea of number soup when your chances of drowning are high.

In short, know how much money you need to make.  Then know how much money you need to make this week in order to reach that goal.  Name it, and then claim it!

Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com

Make a List of Event Costs
First, make a list of event costs. What must you pay to host your event? Do you have to pay for catering? Are the venue costs high? Are you planning to record the event and create DVDs? Do you need special equipment for your event? Map out the logistics of your event, and price every detail of your event so you can create a comprehensive list of event costs. Don’t forget the little details, like coffee breaks, name tags, handouts and other expenses relative to your event.

Look for Ways to Offset Costs with Your Venue
One of the easiest ways to offset costs is to negotiate with your venue. If you’re hosting a residential event at a hotel, will the hotel provide the conference room for free since you’re bringing guests into the hotel? Will the venue provide some of the equipment as part of the total venue cost, such as audio equipment or presentation equipment? Does the venue provide catering, and will they cut a special deal with you for a comprehensive package? Negotiating with your venue can help you offset many of these costs somewhat or completely.

Consider Bringing on Sponsors
Sponsors can help you pay for part of your event, or can help cover your event costs entirely. Consider bringing on sponsors to finance a part of your event, or provide goods and services so you don’t need to buy them. For example, you may be able to get your local coffee house to provide refreshments for your event, or have an exhibitor at your event cover the costs of some of the handouts and materials. You can have more than one sponsor; you could even have a different exhibitor covering virtually every item at your event.

Offer Preregistration and Special Event Pricing
For the costs you can’t offset through the venue or sponsorship, offer pre-registration deals and special event pricing to generate revenue prior to the event. Doing a prelaunch to your client list with special event pricing can generate revenue prior to the event to cover any event costs you can’t defray otherwise. Then the event revenue itself is purely revenue; you don’t need to pay any costs out-of-pocket, and you don’t need to worry about paying for costs after the event. This is a great way to generate revenue prior to an event to cover costs.

In summary, with a little creativity, you can reduce or eliminate virtually all of the costs of your event. Start by making a list of event costs, and then determine what you might be able to negotiate with your venue. Your venue may be able to offset these costs by providing equipment or cutting you a deal on catering or the venue price. Sponsors can help further offset costs by covering specific aspects of the event. Finally, pre-registration or special prelaunch pricing can help you bring in cash before the event to ensure that all of the costs are covered, without you ever spending a penny on your event.

Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com

Thursday, 15 July, 2010
8pm UK, 3pm Eastern, Noon Pacific.

Have you been working hard to establish your business, but the rewards don’t match all the efforts you’ve been putting in? Are you tired of trading time for money – and want to discover new business models that can help you turn your expertise into more money – and free up your time. Do you feel that you’ve ‘paid your dues’ but are yet to collect?

My friend Kevin Nations and I are in the Receiving Zone, and between us have an impressive track record of helping our clients to get into the Receiving Zone too, and now it’s YOUR TURN.

So register now for this ONE TIME call:  http://www.thereceivingzone.com
On this special call that we’ve called “The Receiving Zone: Get Cash Flow with what you NOW KNOW!”, we’re going to show you:

• How to get others to see that what you have is WORTH investing in (price objections will be a thing of the past when you master this)

• The ABC formula that may be costing you cash (HINT you might be following this formula without even realizing)

• Why some of the BUSY WORK you are currently doing will not produce results (and may even be holding back your success)

• What you need to do RIGHT NOW to get into the ‘receiving zone’ and finally get the recognition and rewards you deserve

JOIN US as we explain why all your hard won expertise and efforts WON’T pay off – unless you get into THE RECEIVING ZONE. Spaces on this call are LIMITED. So reserve your spot right now by going to http://www.thereceivingzone.com

Best Wishes
Bernadette Doyle
www.clientmagnets.com

Though it might sound a bit cliché, everyone, even those of you who feel encumbered by a limited budget or a relatively small business volume, can do that.  Whether you’re sending out 10 pieces of mail per week, or 1,000 pieces, you can not only entice people to open your mail, but you can keep their attention with a creative, lumpy insert.

Maybe you have, at times, felt intimidated by the “big boys” – the companies who have thousands or millions of dollars to spend on direct mailing.  But, despite what you might have come to believe about these huge corporations, you actually have an advantage over them for creative direct mailing.  If you have an inventive idea for lumpy mail, you don’t have to sit in countless meetings with marketing committees, pitching your idea, enduring criticism, and perhaps, ultimately, having your idea shot down.  You are your final decision maker.

When you’re creative with your lump mail insert, you can spur your recipients to action.  Here are few examples to stimulate your imagination:

• If you’re intent on helping companies and individuals to find their own hidden treasures, you might consider including an old-fashioned scrolled treasure map with your promotional letter.

• If you consider a message to be of the utmost importance, you might want to stuff it into a bottle before mailing it.

• If you’re hoping to entice inactive customers to fall back in love with your company, you might insert a boomerang with a message like, “Boomerangs always come back, don’t they?”

• If your company has a mascot, you can have a lovable likeness of him or her reproduced as a lump.

• If your company helps people to find resources, for instance, you might want to include an ornamental needle-in-a-haystack.

• A complete comprehensive service might be accompanied by a small, silver platter and the statement, “I’ll give you everything you need for start-up on a silver platter.”

• Fortune cookies can be purchased, complete with customized messages inside, that deal specifically with your purpose or promotion.

If you’re stumped for lump ideas, there are resources that can help.  Two examples are www.LumpyMail.com and www.ImpactProductsMarketing.com.  There, you’ll find lots of creative ideas for lumps.  Maybe you want to announce a promotion, invite inactive customers back to the fold, broadcast an upcoming campaign, publicize a grand opening, or announce a new product or service.

Simply using bulk to create a piece of lumpy mail will, indeed, prompt people to open the envelope, but if you want to stay with them for longer than it takes to empty your promotional pen of ink, or to use that pad of custom sticky notes, you’ll want to put some innovative thought into your lumpy insert.

Make your mail memorable with creative lumps…because when your lump is specific to your purpose, and unlike any other lump, it deems you memorable, worthy of the call or the click, and the investment.

Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com

Do you feel that you are doing everything right marketing-wise, but you’re still not closing the sale?  Are you blaming your business circumstances on the economy?

While this is a more difficult economy to operate in than it was a few years ago, and people are more prudent with how they’re spending their money, the economy has absolutely nothing to do with your ability to close the sale.

I recently compared notes with some of my internet marketing buddies. The general consensus was that up until last year, most of us had done quite well because we were getting the low hanging fruit. We were achieving our goals and earning revenue that was easily attainable and didn’t require a great deal of effort.

But last year, most of us had to go a little further, work a little harder and dig a little deeper to get the results. My business grew, as did the businesses of most of my mastermind colleagues.  We would not allow our businesses to be affected by what people were saying about the economy.

Nor should you. Your ability to close a sale has more to do with the effectiveness of your presentation than it does with the state of the economy.

If you’ve got the desire, the proper mindset, and the ability to communicate the need for your offering, the clients are out there.  And, they will buy.

If a customer has a need for your product or service, and the means to pay for it, whether or not you close that sale depends on how well you communicate why they need to buy it.

Have a good listen to what you’re saying to your potential customers. Make certain that you are giving an effective presentation and not backing off on any of your selling points.

Give customers all the information they need. Explain exactly how your product or service will deliver the results they want.

This may require you to explain your offering in a little more detail. Give clients as much of the finer points they need to make it just seem logical for them to make the purchase.

Once you get them to understand why, that sale is an automatic close.

If you have something a person needs, and they have the means to pay for it, you have every reason on earth to believe that you can close that sale.

Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com

I don’t mean imagining that you’ve won the lottery. Can you actually see yourself earning $500,000?

If you set a goal that is believable for you, you’ll not only realize that goal, but as you break through it, even more will become possible for you.

If you can’t envision such a high number and think it’s beyond your reach, don’t set your sights on that number straight off. Doing this will just cause a disconnect between what you want and what you think you can make. You will be starting out with a limiting belief.

I worked with a mentor who shared a story about his wife. She worked for an insurance company as a sales manager, making $29,000 a year. When he asked her if she could see herself making $100,000, she said “no.” When he backed down that number to $50,000, she said, “yes.”

Once she settled on that amount, which felt reasonable and comfortable, she not only achieved it, she far exceeded it. By the end of the year, she had made $499,000.

The important point is that she started out with a vision she could believe in.

What do you truly believe is possible for yourself?  Follow these steps to set believable goals that you can achieve.

Step One
Pick a number that’s a stretch from where you’ve been before, but one that you can actually believe in. If you go too far in the other direction, and begin with a very high number, you will stall out. Your non-belief in making that money will be stronger than your belief in getting it.

Step Two
Start where your belief system is. If the most you’ve ever made is $30,000, stretch that number to the very edge of what you can actually see yourself making.

Step Three
Honor small advances. If you only see a $5,000 or $10,000 increase, that’s fine. Start there. As you make that little advance, you will increase your belief system in many different areas and rapidly advance that number.

Step Four
Once you make that little jump of $5,000 or $10,000, not only do you see yourself make it, but you start to believe in the whole process. When you actually believe in the process, it will have an expansive effect on you. Now you are able to see that this can go anywhere.

You will open yourself up to what is actually possible and really start believing it. That’s when you will take off.

Your ability to make that higher end income is really about knowing where you are in what you believe. Not only will you set believable goals, you will be successful in achieving them, and in surpassing them as well.

Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com

Start with the High Price Points First
When you’re thinking about your target audience, there’s a good chance you may be looking at more than one group of people. If your product or service can appeal to many different groups of people with only a little modification, you’ve got a very valuable product on your hands. In the event that multiple groups may be interested in your product, start with the high price points first.

When you start with a high price point, you can discuss custom solutions, coaching packages and high-cost products with your audience. An audience that can afford to pay a high price point is probably expecting a lot from your product, including some personal attention. For example, you might want to offer a complete coaching package and book about marketing at a high price point.

Then, after you’ve ran your coaching program or presented your executive conference, you can create a package targeted toward a lower price point. Starting with the highest price point first gives you many benefits: it helps you fully-develop your product or services, it gives you an opportunity to ask for more, and it helps to justify the cost when you offer a lower-priced version to other audiences.

Offer Less for a Lower Price Point
After you’ve offered your high-price-point solution to the audience that can afford it, tailor a package for your lower-price-point audience. For example, if you offer a 5-day coaching package to your high-price audience, you may offer a weekend workshop or half-day coaching packages to a mid-range price point. If your product has enough diversity, you could even consider a lower-range price point consisting of just the written materials and a DVD or CD recording of your high-cost event. There’s no shortage of ways you can modify your product or services to suit a lower-cost audience and still capitalize on using the same materials and techniques.

Sales Strategies in Order of Price Point
When you start with a high price point and then offer a product to an audience in a lower price point, you can actually use the high price point to justify your price. Saying things like “People paid $5,000 for this product, but I’m not going to charge you that” gives you the ability to offer your target audience a “great” deal. Likewise, if you offer less for your less-expensive price points, the high-price audience doesn’t need to feel cheated or disappointed, because they got more for their higher price.

Consider whether your product appeals to people in multiple price points, and create custom packages that cater to each price point. By offering a high-priced version to an audience that can afford it, and creating a lower-price version for a different audience, you can increase your earnings exponentially with hardly any extra work!

Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com

•    Carefully choose the niche that you want to be known as an expert at.

•    Learn everything there is to know about your declared area of expertise. Go through the experiences and learn the lessons, connect with a mentor and then put it into practice to be successful. Only then can you teach and help other people to do the same.

•    Pick something that you’re passionate about; when you’re passionate, that really shows through.

•    You will make a greater impact in a place where you genuinely have some value to offer.

•    Realize that you don’t have to try to get every person you ever encounter to become a client.

•    Build your relationship with the people who have already “raised their hands” and expressed an interest in your product or service.

•    Focus your effort and energy on people who are pre-qualified to buy. It is more pleasurable to work with and for them than to try to convert people who will never be interested or will never be qualified to buy your services.

•    Approach your tasks with the right energy. A positive attitude will resonate with your clients; conversely, so will negativity.

•    Be a congruent model for success by focusing on and being committed to your prospects and clients.

•    Use one-to-many methods for connecting with clients and offering services, as much as possible.

•    Put systems in place to start building your list.  Then continue to grow and improve your lead generation systems.

•    Know the principles behind offering ethical bribes, such as a free report, and have processes in place to handle responses.

•    Incite a call to action by creating a sense of urgency for people to sign up with you or purchase your offer. Deadlines work well for this.

•    Don’t underestimate the value of affiliates and joint venture partnerships.

•    Be consistent. Systematize and automate your process so that you can make money even when you aren’t working.

•    Use articles, teleseminars and social media to increase your exposure and the perception of you as an expert.

•    Use quality software to build and maintain your websites and blogs.

•    Always offer an upgrade with every sale.

•    Build relationships by following up with the people you meet at networking events right after the event.

•    Offer something for free or do a product giveaway at an event, collecting contact information in exchange for entry.

Implementing just some of these strategies today will add many more prospects to your list and take you closer to a more profitable business.  When you’ve applied them all, you will be a true client magnet.

If you looked at the price tag first,
retailers would pick up on that and simply offer a collection of price stickers inside the front door. You would choose what you could afford, and then the actual product would be a surprise – possibly an unpleasant one.

You don’t shop that way, and neither do the people that you have identified as your perfect clients.

Prospects want to know your prices, but unless your prices are preceded by the benefits that you’re offering, consumers will have nothing to gauge those prices against.

Follow these four steps to eliminate your fears in revealing your price. Gain the confidence you need to make the most out of your requests for cash:

1. Present what you’re offering. Answer the timeless questions: Who? What? When? Where? Why? How? Keep it simple. If you make it too complicated, those raised hands might start to return to laps.

2. Summarize the benefits. Because you’re offering specific solutions to specific problems, this step should turn on light bulbs in your prospects’ minds. This is the step in which you convince them that you are their answer.

3. Introduce the price. By now, your listeners or readers are absorbed in what you’re offering. The benefits are foremost in their minds, as is the question of price. Reveal your pricing while the question is still in their minds; and before it reaches their lips. Perfect placement of price revelation makes it comfortable for you and acceptable to your audience.

4. Map out a direct route for the money. Make it crystal clear how easy it will be to sign up, jump on, or join in on your program. Prospects should leave your teleseminar, your sales page, or your conference without any questions about how to participate. Or, better yet, they should leave already having signed on. Make it possible for them to sign up immediately. Make it easy for them to do so.

When your appeal is placed correctly, while all of the most fantastic points of your product or service are fresh in the minds of your audience, you will not only feel more confident in asking for money, but your prospects will have more confidence in their spending.

After you identify your sea of raised hands (those people whose problems you can solve, and whose interests you have piqued), you’ll need to devise an effective method for telling them how much cash they will need to jump onboard.

The steps I’ve outlined here make up an excellent plan for starting to ask for money. As you proceed, you will learn to tweak your own presentation to meet the needs of the people in your particular niche. You will learn to identify the exact moment in time when they are most receptive to pricing, and when your presentation best complements that revelation.

When considering how to properly sandwich your asking for money in your presentation, consider your own shopping habits. You see the product. You consider how it could benefit your life. You look at the price tag. You proceed to the check-out. You leave the store with the satisfaction of knowing that you fashioned your own shopping experience.

Give your prospects that luxury. Take the time to learn about what price placement gets the most lucrative results for your business. You’ll soon discover that timing is everything – especially when it equates to money on your pocket.

Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com