May 28, 2020

by  DR. MARK T. WADE

#149: How To Go From A New Business To CRUSHING It In 6 Months

Description  

If you are just getting started you can either go the traditional route of building a business, which is super slow and usually costly and full of stress. Or you can use this simple plan and be crushing it in less than 6 months. Let’s check it out. 

Most Common Mistake New Business Owners Make

     ➡️     Trying to focus on creating sales

Typical Ways Of Building An Audience

      👉     Facebook ads

      👉     Create a partnership with someone and do some partner webinars on some collaborative back and forths

      👉     Organically

Dr. Mark Recommends

     ✔️     Start with a One-Day summit, roll it into a summit series and then cap it off with an annual, multi-day virtual summit

     ✔️     One-Day Summit 

• It's easier and quicker

• You don't really have time to get bogged down in the analysis paralysis or spend months

• One-Day summit can be up and ready to rock in as quickly as 30 to 60 days

• You only have 5 to 10 speakers on it so you can change topics, make improvements based on what you learned, and then pull in another 5 to 10 new speakers and keep going

• One-Day Summit will never generate the same amount of leads as a multi-day summit. However, those leads will be more qualified and engaged

• One-Day summit can get much more specific and targeted as far as topics are concerned

• They're quicker and more forgiving so you can do more of them frequently and have less mistakes or problems to worry about

     ✔️     Summit Series

• It's like having the loyalty of podcast listenership with the power and prestige of a TV show

• The best of both worlds

• Quick and easy to set up and create targeted and specific for qualified engaged audience

• Since it's ongoing, it will continue to build an audience every time you're running, which cumulatively will equal a large audience base like a multi-day summit

• Keeps you top of mind for your audience and industry and speakers ongoing

• Since it happens ongoing, you continue to stay in front of the audience, providing them with amazing value as well as growing your audience by getting in front of new people

• It's also great from a planning and cashflow perspective

• A One-Day summit series brings in less leads and revenue, but it does it consistently every time you run it

     ✔️     Multi-Day Summits

• It is a huge orchestrated event

• When done correctly, it's the biggest, most powerful way to build your audience and business

• Start with an annual one that you're going to run every year

• Pick one summit and run it every year, your success each year will dramatically increase

• It also really solidifies yourself as the expert in that topic

MY REQUEST

I’m going to give away all the best insights and knowledge but just need YOUR help!

• First  - subscribe & leave a 5 star review on this podcast
• Second - share this podcast with anyone you know who has done, or wants to do a summit

​That’s all I ask...

HOW TO GET IN TOUCH

   👉   I am always looking for feedback

   👉   If you have questions send them to me.  (I’ll start doing a special Q&A monthly episode)

   👉   If you want to be a guest reach out and let me know

   👉   If you know someone I should interview please put me in touch with them.

Email me at:  Podcast@VirtualSummits.com

Join the Summitology Masterclass: https://www.virtualsummits.software/summitology-masterclass-signup

Resources you can get in the show notes at http://virtualsummits.software/resource

    ✔️   One Day Summit Guide

    ✔️   Virtual Summits Framework

    ✔️   Plug & Play

    ✔️   Free Trial Virtual Summit Software

I want to end this episode by saying,

"I believe in YOU & YOU can do this."

Summits are by far one of the most powerful ways to quickly grow your list, launch your platform & make more money! (Even if you are just getting started).

Don’t get caught up in Analysis paralysis, because the world needs to hear your message & there are people who are waiting for you to help them. 

So just get started.  Imperfect action is always better than doing nothing!

Thank you and see you on the next episode!

LINKS MENTIONED IN THIS EPISODE

   🔗   One-Day Summit Training

   🔗   Virtual Summits Software Free Trial

   🔗   One-Day Summit Starter Guide 

   🔗   Interview Like A Pro

   🔗   Access Summit Fest Live On Demand Portal 

   🔗   Summit Fest Live 2021

   🔗   Viral Summits