The Blueprint To Building A Sustainable 7 Figure Online Business

The Blueprint To Building A Sustainable 7 Figure Online Business

How can you build a sustainable 7 figure online business? How is it different from earning 4, 5 or 6 figures online? And how can you scale to success?

It’s very well possible to build a 7 figure online business. The online world offers lots of potential for making money – be it eCommerce stores, affiliate marketing or social media marketing. But if you want to build your online empire, you probably also want to do it fast and make it sustainable.

My team and I scaled our business from zero to 8 figures in one year, all by leveraging the power of online opportunities. How did we do that? Our success is a mix of many factors such as online presence, using the right strategies to scale, and knowing how to close any kind of deal.

The power of the online world is immense if you know how to leverage it. If you don’t know how to use it yet, that’s no problem. You’ve come to the right place to learn. In this article, we will provide you the blueprint for building a sustainable 7 figure online business.

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The Start of Your 7 Figure Online Business?

Your 7 figure online business starts with your mindset. When you want to make a million dollars your mind has to be ready for it. Most people aren’t raised rich, so having that much money is overwhelming to them.

Maybe you have seen people like this before? They have all these ideas about how to make it big but, in the end, they never follow through. They never get started. In fact, they only dream about success instead of pursuing it. Those people don’t have a millionaire mindset.

Instead, they are waiting until they are ready. The issue with that is, you will never feel 100% ready. So they never start. They are full of excuses. Don’t wait until everything is perfect. Start now and build the plane as you are flying it.

When you want to be wealthy, having an online business is one of the easiest ways to get there. But still, you have to be ready for pain and discomfort. Being successful means saying no to many things. It also means making sacrifices. Are you ready for that?

To build your 7 figure online business you want to be aware of all this. At the same time, make sure you’re doing something you enjoy. Don’t do what everybody else is doing because it’s trending on social media. Find something that resonates with you.

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How Can It Be Sustainable?

An online business – or any business really – is sustainable if you can make a decent income without you working more. Or, in other words, you earn more money per hour without working more. How’s that possible? An online business has an advantage in this because many processes can be automated.

You put your product online and automate the selling process. You don’t need to be there and for some offers, you don’t need any sales staff at all. It’s basically selling itself after you’ve set everything up.

Sustainable business is also not dependent on your time. When you work in a 9-5 job, for example, you get paid for your time. When you run an online business, however, and want to scale to 7 figures, you need to make much more money in one hour as you did before. So, the sales cycle you will be building has to be repeatable many many times. Therefore sustainable actually means scalable and repeatable.

Build Your Personal Media Platform

To build a 7 figure online business you’ll definitely need a strong online presence. The more social media platforms you are on the better. There’s nothing like “too much” presence online. People need to know who you are and what your message is. Only then can they trust you – and they will only buy from you if they trust you.

Every social media platform has a different audience. So, if you are active on many of them, you have the power to address several audiences. I have accounts on every major social media app and they are definitely a reason for our huge success. As of now, my Youtube has 2.5 million subscribers. So, everything we do is seen by millions of viewers each day.

If you pick one platform to start, then it should definitely be Youtube. Why? Because Youtube has the second most powerful search engine on the whole web. So, it’s your best place to start. But to scale up and get to 7 figures, you want to be omnipresent – you want to be active on every big platform.

To build your 7 figure empire, be present everywhere and outperform your competition. Through the content you put out, people connect with you and become your fans. This is vital because people buy people. There needs to be a human element in everything you do.

Once they know you and understand your “why” and your message, selling to them is much easier. A brand that has a face is always more successful than a brand that has just a logo. Why? Because people don’t connect with logos. There is no emotional connection.

So, when you do your personal media platform right, it makes your clients chase you – instead of you chasing them.

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What’s Your Message?

The next aspect that will make your 7 figure online business successful is your message and your personal brand. The most important point is, you have to stand for something. Most people make the mistake of trying to market to everyone. That doesn’t work because you become too generic. Generic doesn’t stand out.

To have a clear message you have to identify your target audience. And I repeat – your target audience isn’t everyone. Find out whom you want to serve. Men? Women? Students? Fitness junkies? After you’ve identified your audience you can model your message and brand accordingly. The right brand message is often polarizing. The right people will love you for it and the wrong people will be completely turned off – and you want it that way.

Your personal brand is extremely important for your online presence. It helps you to build a tribe of loyal fans who love you and want to buy from you. Having this kind of relationship with your fans is a form of social capital. If you know how to use your social capital wisely, you can turn it into financial capital anytime you need it – it’s almost like a byproduct.

Your personal brand is strongest if you base it on your talents and values. That’s when you are most authentic. When you boil it down, your personal brand is you. Of course, there are some things you won’t share online, but everything you share becomes part of your personal brand.

When you boil it down, your personal brand is you.

Products For 7 Figure Online Business

The next thing you’ll need for your 7 figure online business is a product to sell. It can be anything from a product you developed, to online training, or already existing products that you sell via an affiliate link. All these options are valid.

When you come up with a completely new product and your own idea you want to keep some things in mind, however. Before you start investing time and money into its creation check the market. Is there any demand for your product?

Is this something people really care about? In other words: is there a starving crowd hungry for your product? The thing is, you can’t create new demand in the market. You have to find out which demands and desires are already there. Then you offer a product following that.

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Regina Carbonell

Artista en Regina Carbonell | Asesoría y consultoría en tecnología y estilo de vida

4 年

Hi HTC students!! I am looking for a female or queer HTC to help me get and close leads (I know, you're trained only on closing but I need the whole process at this moment). I offer 10% of each closed 10k client. Please reach out if interested! <3

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Stanley Kolbjornsen

Independent Affiliate at Amazon

4 年

Knowledge by leverage Robert Kiyosaki taught me this and I read everything that you post and your books Dan. Your applied knowledge is comprehensive indeed and it's also very effective. Dan Lok you are one of the best entrepreneurs in the world for a good reason.

Gaurav Patel

Stuck at 6/7-Fig ARR? Building Audience and Sales Pipeline with AUTHORITY is the only way to Faster 8-Fig Growth | Fractional CMO

4 年

You always have a very valuable content to offer, Dan Lok thanks a lot for doing that :)

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