Don't Ask How To Make A Million Dollars. Ask This Instead... -

If you want to know how to make a million dollars, there are higher quality questions you could be asking.

The truth is that it’s harder than you think. In fact, I purposely worked for free for an entire year before I even sold my first product.

This article will show you why I’m glad I took that approach.

Don’t Ask How To Make A Million Dollars:

There are some really interesting paradigms that I figured out early on as I was building my business.

This different way of doing things helped me reach the level of success I have today.

A lot of people don’t think like this when they’re starting their business.

I was kind of surprised it wasn’t happening. But I really think it made all the difference.

The very first thing I did was I decided to work for free for an entire year.

Now, how can you build a business if you’re working for free?

Let me explain…

My business started when I released a ton of free content into the marketplace.

I sat down and spent hours upon hours every day creating content in different forms.

Overall I was being of service to people and asked for only 1 thing in return.

I asked them to sign up for my free email newsletter. When they signed up I didn’t spam them with a paid offer at all.

I decided to send them more free stuff and give more free value.

Most people try to go into business with a completely different approach.

They’re starting a new business and they want to make money.

So they try to monetize their audience right away.

And in many instances building a business that way works.

But understand that there’s going to be a barrier when you’re asking somebody to give you money from day 1.

What I did instead was just give value and build relationships.

So what I did was build up an email list of 1,000’s of people in the beginning.

And what happened was that people began asking me to build a product. They wanted me to be the one to craft solutions to their problems.

Instead of starting a business that shoves their products down customers’ throats.

We ended up having a 10% conversion rate on our very first product launch.

What do I mean by 10% conversion rate? Why is this such a big deal?

Normally in direct response marketing people get a 1 or 2% conversion.

Ours was 5-10x higher than the norm. On our very first product.

The thing I did differently was I gave value for free and built relationships for a full year.

There are plenty of things I could have done with my time instead.

I could have gotten a job. Or I would have made more money in that first year doing 1-on-1 consulting.

It’s possible that I could have made $100,000 during that time.

But the problem is that it wasn’t scalable.

I built the infrastructure of that business with no money coming in at all.

And that’s what eventually led to me building a very successful business.

My name is Steve Nixon.

I am an investor and through this website I share the strategies I’ve used to build my own business.

If you enjoyed this article feel free to check out the Strategy Samurai YouTube Channel.

On it is where I share more strategies and marketing tips for business owners.

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