I doubled my income in 2016 and am claiming it right now that I’m going to double my income again in 2017. What are your income goals? Do you want to double your income? Do you feel panicked when thinking about how stagnant your business has been lately? Don’t worry about any failures you might’ve had in the past. We’re moving forward right now and you’re going to make some money. It’s time!
This simple 3 step strategy will help you double your income if you can actually apply the principles outlined in today’s video. Chances are it is much simpler than you think.
SET SCARY GOALS
You’ve probably heard the saying “If your goals don’t scare you, they aren’t big enough”. This is 100% true. I could have made more money this year, but I didn’t set huge goals, so I had already crushed them by August and was like okay… now what?
Obviously I didn’t just stop working and making money, but I realized at that point that my goal for 2017 was not scary enough. I doubled my income from 2016, which was GREAT! But I need to double it again in 2018. Now that’s scary, yo.
Set a goal that is scary but attainable. If you made $35,000 this year, set up a steady foundation to make $50,000 next year. Go big or go home, and set it for $70,000! If you want to double your income, you’re going to need to write it down. You never know what you can accomplish if you don’t push yourself. Step out of your comfort zone and go for it!
TRIM THE FAT
Get rid of everything irrelevant. Stop spending your time on things that don’t make you money (there are exceptions to this). I have a habit of thinking everyone is my friend. If they PM me and ask for business advice, I’ll stop everything I’m doing and spend an hour answering their questions. Sometimes they say thank you, sometimes I don’t hear from them again until a few weeks later when they need more advice.
Stop letting people “pick your brain”. If they aren’t involved in your life on a regular basis, when they ask for advice, they need to either pay for it or go somewhere else! I recently had an experience where I realized a ‘friend’ was using me. Had been using me for years and I didn’t even realize it! I gave her hours of my time, and answered every blog and business question you could imagine.
When my course launched, I told my friend she should sign up because most of the questions she was asking were answered in the course. I was basically saying, “Hey, friend. I’m really busy and am happy to help you but it would save me a ton of time and energy if you’d invest in yourself, in your business, and in me by purchasing my course”.
She kept saying she would purchase it, so I held on by a thread, answering her questions almost daily. She made money because of my advice, yet still didn’t invest in my course! It was so frustrating, and just disheartening all around.
The point of me sharing my story is to say this: if your relationship is one-sided, stop giving away the farm. Stop responding to PMs immediately when you know the person won’t do a damn thing for you in return, ever. It doesn’t have to be tit-for-tat by any means, but a friendship should be a healthy balance of give and take.
INVEST IN YOURSELF
This is probably the easiest and most difficult step of all. Investing in yourself when you’re barely scraping by is even scarier than setting those huge scary goals like we did above. I get it. I didn’t invest in myself for years. Taking a leap of faith when I was the only one involved was tough. I didn’t have anyone to fall back on, and there’s nobody around for me to blame my failure on.
Instead of continuing to let fear cripple me, I took that leap of faith and invested in myself and in my business.
Ways to invest in yourself might include:
- Enrolling in a training course (like my Instagram Success Strategy Course)
- Purchasing software (like I just did: EasyWebinar)
- Buying sales tools for your blog (like LeadPagesand ConvertKit)
- Going Premium with PicMonkeyand/or Canva to make your images AMAZING!
Other ways I’ve invested in myself that have paid off BIG TIME:
I purchased Yoast Premium and hired a virtual assistance to do some SEO work for me. The investment I made came back to me tenfold when I saw my site climbing the charts for search engine terms she helped me out with. I incorporated ads into my blog, so the SEO research my virtual assistance did for me will easily pay for itself in a matter of a month or two.