May 28, 2020
by DR. MARK T. WADE
#149: How To Go From A New Business To CRUSHING It In 6 Months
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
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
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!
Dr. Mark T Wade went from brick & mortar to multi-million dollar online business using a strategy called the "One-Day Summit".
Having created 6, 7 & Multi 7-figure businesses in the Brick & Mortar, Online (Education) Business, & Software As A Service space (Virtual Summits Software), Dr. Mark now helps entrepreneurs scale their online businesses with proven strategies such as the One-Day Summit Formula.