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The BEST business to start in your 20s (2024)

Mar 19, 2024
so listen, the rumors are true, there is a seven step formula that, when applied correctly, gives you the

best

chance of making ten thousand dollars a month and this is the fastest way to go from zero to a time income complete because these seven steps take any guesswork out of

your

decision-making process and keep you from making the mistakes that lead most people to failure, so as long as you follow these seven steps, you're guaranteed to make money and as I explain them, I'm going to show you why, so without further ado, let's get into it now, let me tell you a little secret. 95 of the people who try to

start

a side

business

or try to

start

an online

business

fail before they even start and let me tell you why you try to look at what guys like Jeff Bezos and Elon Musk are doing and assume that those are the most profitable companies they exist.
the best business to start in your 20s 2024
They are starting an app, developing software, building an online store. There is a very big flaw in this line of thinking that these businesses on a global scale are profitable, yes, but it does not take into account that there is a very different fundamental difference between you and guys like Jeff Bezos or Elon Musk: they have limited cash, they are extremely business savvy and have unlimited access to the

best

talent in the world, on the other hand, you have no money to start up, no business experience and very little, but still true, access to the best talent in the world, which means that If you choose any of those business models you would be making a very serious mistake, it is something like trying to run an ultramarathon when you can't even walk around a track, frankly, you will be choosing the completely wrong business model for

your

professional stage, Although they may be profitable companies when they operate for billions when you first start with these models, they are barely profitable, if at all, so by choosing such models, you are literally setting yourself up for failure from day one and That is exactly what 95% of people who are trying to make money do and it is no wonder that most people fail and give up within the first few months and in some cases these people are left with thousands, if not tens of thousands of dollars, of debt when trying to start these difficult business models that involve investments or money to take them out of the market. land and develop a product or this or that and then they get scarred and burned and kicked and gone oh stupid me, how could I think I could be an entrepreneur?
the best business to start in your 20s 2024

More Interesting Facts About,

the best business to start in your 20s 2024...

How could I think I could begin? an online business when they got off on the wrong foot from day one, so if you don't want to be part of that 95, here's what you need to do: You need to choose a business model to place your strengths instead of the ones that highlight your weaknesses and I think we can all agree that building Rockets is not going to be the thing that takes you from zero to ten thousand dollars a month. You know that most business models are just as bad as trying to do it. build a rocket and send it to space as a beginner things like creating an app I know I have two of them things like starting an ecommerce brand once again I know because I have my own ecommerce brand developing software once again I speak from experience , that's my main business agency stream and in fact I even bought a few other software companies to add to the portfolio, so just like building Rockets, these businesses are very complex to get off the ground and require the best talent to product development. women and require a lot of money to get started, much more than you would expect, so the number one priority when starting a business is to avoid the wrong business models for beginners.
the best business to start in your 20s 2024
Now the question is how to distinguish incorrect models from correct ones. That's how you find out. I have put together a chart that will guide you through the process of choosing your perfect business model. Basically, there are three parameters you need to consider. The first is the initial investment if you need to spend money. To get your business off the ground, the risk of losing all your savings and even going into debt is not worth it, it is simply too risky, whereas if you have to invest a thousand or maybe two thousand dollars to put the business out of business. ground that is totally fine, that is what I call a calculated risk of not being a beginner and thinking that I am going to invest ten thousand or fifteen thousand or twenty thousand dollars in this business model or I am going to ask my grandmother for a hundred thousand loans. in dollars with your life savings to be able to roll the dice and potentially lose all my money, you must understand that everything in life is offensive and defensive, so at this moment the most important thing is that you choose a business model in the one that, if you're not successful, three months times six months times nine months maybe if you're not even successful for a year, okay, maybe you've lost, you know, $500, a thousand dollars, maybe $2,000, you haven't. burned tens of thousands of dollars nor have you gone into debt. that can affect you for life, instead you need to choose the right business model for your career stage.
the best business to start in your 20s 2024
The business model you choose now is not the same business model as eventually whether you want to make $10 million a year or $30 million a year. year or you want to sell your company for 300 million dollars, they will be two very different businesses, but okay, okay, let's focus on the next step, let's focus on getting ten thousand dollars a month because that's really it and I can. I speak from experience, having made tens of millions of dollars very early in the next 12 months. Crossing nine figures, I can tell you that they are earning 10,000 a month, it was the biggest life change I have ever had.
Most people don't realize how much money. is dedicated to starting some of these more difficult businesses that many people preach, for example, most drop shipping stores to find a successful product have to try 20 or 30 different products and you will spend no less than ten. thousand dollars to make that happen, you know, I speak from experience, my first business I ran for six years, which was an agency, we had some of the most successful drop shipping stores in the world, these are companies that were making 40 to 50 million. of dollars. one year in revenue and that sounds incredible.
Until you realize that we were testing five to ten new products a day and on that $50 million the profit margin was five percent, they had dozens and dozens of employees and it was quite an operation and then look at something like develop an application or software and once again I speak from experience. I have several software and app companies and my main business agency flows. I did not accept investors. I invested over a million dollars of my own money before I even saw a penny back just to develop the software and app, so when you're starting out, you don't want to be in a position where every day you see your balance banking goes down and down and down without even electricity.
The end of the tunnel is when you are going to get that money back and unfortunately that is the nature of companies that require a product to sell. Product development requires a lot of time and money to spend and that leads directly to our second parameter, which is product development when you first rule it out, you want to avoid businesses that require product development for all the reasons I just mentioned. Now you might be wondering what kind of business doesn't require a product to sell, because if you sell a product, then Obviously, you need to start with product development and that's why I always personally suggest starting by offering Services.
Services don't require you to spend money on product development because you are the product in the sense that you are selling your time. effort or your knowledge so that you can skip the entire product development stage and if you are thinking but I don't have any knowledge to offer don't worry because that is not a problem either because in Step 7 I am going to show you you know how to get someone provide the services through something I call contractor arbitrage and you can do all that without investing your own money and here is the real beauty of selling services instead of selling products at the rate you bill an app or start an e-commerce store For example, you have to deal with product development, shipping, logistics, suppliers, margins, marketing, sales, customer service, supply chains, payment processes, all of that, while here's a guy who does everything What you do to make the same profit is simply writing some emails for some ecommerce stores or creating content for ecommerce stores or finding influencers for ecommerce stores the point is that this person does not need to focus on 15 different components of the business , you can simply focus on the service you offer and make sure you offer it to multiple different clients, which makes business much easier because you simply implement and copy and paste the same systems from one client to another and many times the agencies make more profits . that the clients that they even sell their services to, they don't make more revenue, but they make more profit and at the end of the day, profit and having a cash flow business is the only thing that matters now, why is it okay ?
Because of the third parameter, which is the quantity you see when you sell products, you need to sell hundreds to thousands of them, depending on the price, just to make ten thousand dollars a month and that requires a lot of skill and usually a Now when you sell services you don't need to sell thousands of units a month, as long as you choose the right service you can easily charge four figures a month which means you only need a handful of clients to reach that illustrious ten thousand dollars monthly mark. The fewer units you have to sell, the easier it will be to get there and even better when it comes to selling services, you don't need to invest a single cent in marketing and that's because you can find clients organically which will cost you zero dollars.
I'm going to show you exactly how to do it in step four. Now, before we get there, the next obvious question is what service should we offer because services can be literally anything: fixing a leaky pipe, giving a haircut, and developing a web application that publishes personal training ads. I mean, the possibilities are endless, however, some services are terrible options, while others will change your life forever, which brings us perfectly to the second step of this video, so the second step is to choose a profitable service now to make it easier. So that you know what is a profitable service and what is not, I also prepared another chart for this step.
Here we have five parameters and if you get these five parameters right, you will have a very profitable service to offer, as we were talking about. It all starts with the price I want you to offer a service that allows you to control high prices. I recommend never going below a thousand dollars a month, but the ideal would be something for which you can charge more than 2,500 a month and with that you only need four. clients reach ten thousand dollars a month, which is very feasible now. You might be wondering what kind of service allows me to charge two thousand five hundred dollars a month for now.
To answer that question, I'm going to introduce you to a concept that I only teach at my flagship software agency, Navigator, and it's called offer type. When it comes to commanding high ticket prices, it's not so much about the service you offer but how you frame it, and let me explain what I mean by that. You see that your service could be just writing and in one case you could write blog posts for companies and you could typically charge fifty dollars, maybe a hundred dollars per post, in a very good scenario, because normally a blog is not that valuable. for a business that doesn't actually make sales most of the time, so in that case basically what you're selling is convenience, you're saving businesses time by not having to write the posts themselves, the problem is that you can.
You don't charge much for that now, you could do exactly the same thing, but instead of writing blogs you could write ads or emails for most companies that sell online, these are their main sources of income, so if you want to write a advertisement. or an email that performs well, you could literally double your sales overnight and in this case, you are not offering convenience, you are offering return on investment (ROI) and the thing is that when there is a clear and measurable return on your service, it's much easier to charge high ticket prices, you might have a hard time selling blog posts for fifty dollars each and instead simply change your offer, change the way you frame it, and sell email marketing or add authoring services for two thousand dollars each like this at the end of the day you are still doing the same thing which is writing, instead all you are doing is changing the position and the frame,you basically went from a convenience offer to a return on investment offer and by the way, just to clarify when I say return on investment.
It doesn't always mean monetary, for example if you are a designer you could sell logos that have no measurable return and everyone and their nephew is offering them or you could sell thumbnail designs for YouTubers, you are still doing the same thing. It is the same activity as graphic design work, but one is considered a commodity and the other is high impact, even in my position I have three full-time thumbnail editors who are paid more than three thousand dollars a month just for editing the thumbnails for me. What I do every day is simply re-edit old thumbnails and come up with new concepts and ideas, and that's because I know that a good thumbnail can literally double my channel views, just like all the other content creators, and creators.
Content managers understand that if you double the views, that also means you double the channel's revenue, get more sponsors, and sell more of any product. We are selling, so although there is no direct financial ROI, there is still a very clear return for this activity, which again allows you to get higher prices because, at the end of the day, it is essentially the same service and it is also the type of service that no one else offers. is offering by the way, it is literally a blue ocean. Now another very important factor to consider is the work regime, that is, remote work versus in-person work.
In-person work would include services such as plumbing, personal training, sports training, computer and phone repair, etc. and although you can charge high prices for some of these Services, it will be very difficult to scale because you are geographically limited, meaning they require your personal time to fulfill them and drastically limit your target market as you will be stuck to one location and sacrificing your location Freedom While working online you can sell to people all over the world, which is a target market of dozens of millions of businesses compared to just a few hundred when you work in person, it's much easier to get clients and scale when you work remotely and plus it gives you the location from the beginning, finally we have recurrence and that is offering a service that instead of selling and getting paid once, you sell once and getting paid every month, and here's the beauty of that for most businesses out there it doesn't matter if they sell one thousand one hundred thousand dollars or even a million dollars in one month the next month they start from scratch a blank slate now that you have a service with recurrence if you sell ten thousand dollars worth of services in a month, well, next month you will be paid ten thousand dollars again, even if you don't make any new sales and if next month you sell another ten thousand dollars in services, now you will be paid twenty thousand dollars the month after, instead of starting from scratch Each month, you are always building on what you did the previous months, which also means that you only need one or two sales each month to reach ten thousand dollars a month within three to six months and if you follow the step-by-step disclosure method step that I'm going to teach you in step four of this video, getting those one or two sales each month is just a matter of time by sending enough messages this way that you'll never need. depend on luck or anything else that is out of your control, so in summary, a good service to choose is one that allows you to have a price of more than a thousand dollars, ideally up to 2500 per month, has a remote recurrence and it is a return on investment offering and these are just some of the services that my students within the Navigator agency have implemented and used to consistently generate over ten thousand dollars a month email marketing thumbnail design agency advertising Facebook YouTube Ads Google Ads Conversion Rate Optimization Influencer Content Creation Short Form Content Marketing and these are just a few of them, generally any type of service that helps businesses get more customers, whether direct or indirectly, it's great to choose again if you don't know how to provide any of these services.
I'm going to show you how to do this in Step Seven through contractor arbitration. The fact is that countless companies, both around the world and those around them, are looking for ways to get more customers and are willing to pay a lot of money to do so. For this to happen, I mean, every time you walk down the street, think about all those stores where I have hundreds of thousands of dollars, if not millions of dollars, worth of products or even services inside and no one to sell them, and If you can help these people sell these products well, then paying you a thousand dollars or three thousand dollars or even ten thousand dollars a month is a negligible change for them and Sufyan is living proof that he managed to sign a local business in his city native. in Germany for a one-time fee of fifteen thousand dollars euros plus an advance payment of 2,500 per month in just one month of using this business model and the best part is that the demand for said services exceeds the number of people there are to provide them , which means that there is a gigantic gap in the market and the people who take advantage of this opportunity will inevitably do well before you go out and try to offer these services to all companies.
I must warn you that not all companies can pay you twenty. five hundred dollars a month, while some companies don't even notice 2,500 a month on their expense sheet, so you have to be very specific and strategic in the niches you choose, there are some industries where you can hire a client for ten thousand. dollars a month is easy while in some niches you can barely get paid 300 a month so you have to choose wisely and that's exactly what I'm going to show you right now in step three so the next step is choosing the right Niche, so here is what you chose, your business model, you chose a profitable service and with that alone, you are ahead of 70 people even starting this journey, but there are still very important details that you need to pay attention to Be careful, that's because even if you have chosen a profitable service, if you choose the wrong niche, you will still have difficulty making money, that is why you have to be selective with the niches you work with and, once again, that is why I have created a cheat sheet that will help you take any guesswork out of your decision making process about which niches you should and shouldn't select now the first parameter is very simple and that is Revenue because if you choose a niche where the clients generally have high income figures, You will make more money because they have the resources to pay you well and if you choose a niche where clans can usually barely survive, you will also struggle financially because they lack the resources to pay you and from personal experience the lowest paying clients are usually the ones who are the best.
It's the biggest pain to work with, so you better go for the ones that pay the most, so let's put a number on it. I would not suggest working with any company that makes less than fifty thousand dollars a month, because when a company exceeds that threshold, usually where they have the resources to reinvest and also find value in doing so, so here are some types of businesses that you want avoid first: startups because they usually don't make money and try to bootstrap and cut costs as much as they can. It can usually take years before they become profitable and that's not an environment you want to be in and secondly, sole proprietorships generally see themselves more as self-employed people than as a company per se and this also generally translates into its income figures which are usually well below fifty thousand dollars.
I mentioned that the second parameter to take into account is the profit margin. Some companies make a lot of money when you talk about revenue, but when you look at their profit margins, then it tells a very different story: Ideally, you want to work with companies that have 40+ profit margins, anything less than that and you'll find yourself with the same problem as companies with low revenues and some examples of classic businesses with low profit margins are clothing. stores, restaurants, apps or retail stores, these are businesses that usually don't have a lot of extra money and it usually takes a month to break even on the cost of acquiring a customer, so imagine if you attract a customer through your service , but that customer will only be profitable in month four, five or six.
Well, that's a bit of a complicated situation. You want to work with companies that, when you offer them a client through your service, they benefit immediately. Therefore, you should pay attention to the third parameter. Here is your product ticket and what I mean by that is the average price a customer pays you per transaction. The ideal is to work with companies that have a product ticket greater than a thousand dollars and that is because with only a handful of sales. They are already profitable with their service, let me give you a very simple example. Let's say they help law firms get more clients and they do it through whatever services they provide to do that and let's say they're charging them two thousand dollars. a month and their average client is worth a thousand dollars to them, if you bring them five clients a month, they are already getting at least double the return on their investment, discounting their margins and, believe me, it will get them five new clients a month.
It is a very easy job to execute, so it is very easy to gain clients. Now, on the other hand, imagine you're working with a gum company and their Prague ticket costs five dollars so they get the same return on investment as you. You probably have to bring them between 2000 and ten thousand clients per month considering their low margins and that, my friend, is an extremely difficult job to do and that client will almost never work for you, so some classic examples of good niches here would be law firms of lawyers pool installation home renovation pest control solar energy and now I also want to encourage you to add an additional parameter to your niche and think a little outside the box, you will see that the best clients I worked with at my agency were always very no- Obvious and somewhat quirky niches, for example companies with strange products or services, such as ham radio, pressure washers, container houses, custom jewelry or companies with a lot of funding, and there are some companies that don't really care about the results , but they simply have to spend their marketing budget to please their investors or companies with many assets that make their job easier.
This is what I mean: companies with large email lists, large social media audience, a lot of organic traffic, all this can be used to your advantage and make your job much easier, all this is easy when there are clients and clients that pay very, very well and now I'm going to show you where to find these clients and how to get them to pay you between a thousand and ten thousand dollars a month. For your service, the next step is how to get clients. You see, every business needs customers. We know, but the advantage of a service-based business is that you only need a select handful of clients to make a full-time income, which means you have a big advantage: you can do things that are not scalable, think about if you need hundreds or thousands of customers, such as online stores, apps and courses, investing in marketing is the only scalable way to acquire customers you know they can't.
Being here sending thousands of cold emails a week trying to sell your products through it. You know that would result in only a handful of new customers. You meet people who know nothing about them, which is almost not enough for what they sell. You know the price. period and the margins, so it's not scalable for them, but for us it doesn't matter, we will gladly take those five or ten clients because that's all we need to make ten thousand dollars per hour a month, so that's exactly so I'm going to show you how to do it now.
I'm going to show you how to get your first client for free using something called Cold Outreach and here's the basic process to get a client through Cold Outreach. Number one is to compile a list. of leads, then you reach out to the people on this list, do a Zoom call with them and sign them as a client on that Zoom call, it doesn't get any simpler than that and again you won't be here. signing hundreds of new clients a week doing this, but you can definitely get a handful a month and that's all you need to make ten thousand dollars a month from your business without even putting any investment into it.
This is where most people fail. In the process of getting clients with cold outreach, they simply start prospecting, cold calling, emailing, messaging on Instagram without even working on creating a high-quality list of people to contact. First of all, you already know what the number one denominator of success is. When it comes to effortsoutreach, most people think it's about the script, the words you say in your outreach message, this only accounts for about 20% of your success when it comes to contacting potential clients, the other 80 is about who you choose contact in the first. Here you see that most people try to reach out to potential customers through cold emails with an email list they got from some random website and then when their response rate is terrible they think it's because the things they say in their messages, well, it's not. first you need to find out where your ideal clients are and then you need to go there to talk to them and I don't mean physically, by the way, don't show up at their door, let's say for example you're trying.
To sell your services to eCommerce brands, you already know the best place to find them, let's do this exercise together, open your Instagram and find an influencer who teaches eCommerce, let's say Ezra Firestone, then go to your followers list and get started. When you open the profiles there, simply read their bios and you will find a group of eCommerce brand owners. Next, all you have to do is list them all and contact them, which I'll show you exactly how to do in one. minute and you can also do the same on Twitter by searching the Shopify followers list for example and you will find tons and tons of brand owners there and by the way, Facebook groups work for this too, working on compiling a solid list. of leads will make your life 10 times easier when you are doing Outreach, so after you have compiled a list of potential clients, it is time to start communicating and now I will give you a bulletproof template, a bulletproof framework that you may need to tweak and change based on your style and the way you speak, but I'm going to give you a framework that will help you schedule meetings consistently if you stick to it, so it's made up of five parts: First, you just say hello Second, you provide the context and express a common value that led you to contact them, then you use this common value to pivot to a point of opportunity, then you take the pressure off of them, then you show them that you can help them by helping them, and finally you invite them. to a meeting, so let's analyze.
What this would look like in practice using the example of selling Facebook ads to an eCommerce brand owner. Step one: say hello and go. Hi Josh. How's it going? Step two: you give some context and express some common value. I came across your profile while reading one of Ezra Firestone's posts on Instagram and noticed that you like the same post. I love the boy. He has some solid plugins to increase conversion rate on Shopify stores. This is very important because when a person receives a message and calls Outreach, the first thing they do is They are going to think about, they are going to have their guard up, they are going to think well, how did this person find me?
Which then allows you to move on to step three, which is turning towards a point of opportunity anyway. I was taking a look. on his profile and I noticed that he has a brand that he sells online, but I couldn't find any active ads for his store and this answers the next obvious question: why is this person contacting me and please note whatever? is that they do, you can mix things up, say, for example, this person was an author or this person was a very successful YouTuber, then you could say, "Hey, the way I looked on Tick Tock and you had an account of Tick Tock, but I noticed that you haven't created many other Tick Tock accounts to spread your message further, so whatever service you offer, you can find a reason why you are contacting them and that could be because they're not doing something, that could be making money or they're not doing it well enough and you can help them with that and that takes them to step four, which is taking the pressure off them and saying something like not sure if that's it. something you're currently working on or just haven't had time for yet you never want to point out a flaw in someone's business without acknowledging that it's not their fault in a sense because people take it very personally you don't want to come off as argumentative or in a way. incorrect, so you always want to soften the blow by realizing that this is something they are not doing or could be doing better.
Now step five is to show them how you can help them by actually helping them so you can move forward. I'm going to say something like, but I'm sure some ads will help you increase your sales, so I took a look at what some other brands in the space are doing and found these two ads that are working extremely well. good for them and I actually record this quick video breaking it down for you and here you send them a three to five minute video breaking down the ads or any relevant information that you can give them based on your service.
The thing here is that you will be prospecting people in the same Niche, you just need to record a loom or a video and you can use it with all potential clients. Record it as if it were for a specific person, but just make sure you don't mention their name or brand so you can always use the same one and you can find good ads by searching Facebook's ad library for some ads that have been running for a few weeks. It really shouldn't take you more than 10 minutes to find them and record a quick three-minute Loom.
The next step is to invite them to a meeting if you think they might work for you. I have a few angles in mind that you could shoot quickly and put to the test in a few days. so I can walk you through them and, while you're at it, make sure to send each part of this script as a separate Instagram message so it seems more organic instead of one huge paragraph because it seems too formal. Raise your guard a little faster and that is not necessary to complicate things too much. Now this is what it takes to get to ten thousand dollars a month with this process.
Let's say you get the list of 60 people to contact and it took you two hours. To do that, that means in total it took you two minutes per profile. Then you consider the time you spent messaging these prospects. Let's say it took you a total of four and a half hours to send all of these messages. That means the average time per profile. The message sent was three minutes, so now you spend five minutes per person contacted in total, considering both steps: two minutes to find the profile and three minutes to send the messages. Obviously, you do them en masse as separate activities, but when you combine them there are five. minutes per lead, now you have to calculate how many messages you need to send to get a response, so let's say for every six messages you send, you get a response five minutes to send a message multiplied by six messages, which means your total time per response is 30 minutes, how many responses do you need to arrange a meeting?
Let's say you need eight answers. Well, 30 minutes per response times eight responses equals four hours, so in total you need four hours to secure a meeting now. How many meetings do you need to get a client? Let's say you have to take five meetings to close one, which means four hours to get one meeting multiplied by five meetings, which means in total you would have to spend 20 hours to close your First, pay clients 20 hours. How does that sound to you? Invest 20 hours up front to get paid 500 to 2,000 a month every month. Personally I think it's worth the effort at this point.
All the numbers I used here are very realistic, but let's say that because this is your first time doing this, you'll need a little practice, you'll have to figure out the ins and outs, etc., so let's double, say 40 hours to sign with your first client and now let's even take it a step further, let's say that after signing with your first client you spend four hours of your day on outreach and three hours of your day on service delivery, that's a lot more than you need for the provision of services, by the way, now in case you don't You don't have three hours for the provision of services because you work full time or study full time.
I'm going to show you how to have someone else do this for you in Step Seven, this way you can reduce it to just two hours a week that you have to spend on service delivery, but for now let's call it four hours of service delivery and three hours for the provision of services and you managed to reduce your extension time to 20 hours as in the first example that I gave in five business days you are going to hire your second client and you will do it for one more week and you sign your third Clan and it you will do for a month consistently and you already have four clients who pay you between one thousand and three thousand dollars per month because now you also have more experience and confidence to charge more, so let's take the average between the two and say that your average advance payment is now two thousand dollars a month if you work for 60 days on this and manage to sign a new client every 12 days at two thousand dollars you will already be at ten thousand dollars a month and that is extrapolating more than double our original estimate of five days to close a client who works four hours a day ladies and gentlemen, that's why this is very simple, direct and the least risky way to get to ten thousand dollars a month, you make a list of potential clients, you communicate with them, you schedule a meeting with responders, you jump into a meeting and sign them on as clients and then you rinse and repeat. until you get to ten thousand dollars a month and by the way the process to get to a hundred thousand dollars a month is exactly the same you just need more clients or a higher monthly retainer now to earn that much at a regular job it takes a lot . of qualifications Decades of work experience and slave hours, but when you start a service based business or an agency as I call it, making 100k a year is the norm now, usually by the time my students get to this part of the process , your number one question is okay. how I get paid and frankly this is the easiest part of the process so let me show you how all you need to do is create a strep account and in case Stripe is not available in your country you can use other payment processors payment, like like PayPal or Payoneer, then all you have to do is connect Stripe to an invoicing software, for example simple invoices, or I personally use agency flow.
I'm now the founder of agency flow, so I'm obviously a little biased about it, but I'll let you submit. invoices communicate with clients track your outreach efforts and basically everything you need to run an agency, but anyway, once you connect Stripe to the billing platform of your choice, all you have to do is do is this: Once you're in a Zoom meeting with your prospect, offer your services, most people get stuck here and overthink how much they should charge. My advice is to keep it stupid and simple, start with a thousand dollars and then increase up to 2500 as you sign more clients and within the Navigator I agency. teach you exactly how to structure performance-based billing models that will make the advances of their clients go from two thousand dollars a month to ten thousand dollars a month twenty thousand dollars a month thirty thousand dollars a month and, personally, the largest advance I have ever had in my life.
The six-year journey running an agency was forty-six thousand dollars in a single month of construction and, in fact, we've even had two students who didn't make it past that mark, but that's a conversation for another day, so when start for the first time, continue. It's simple and only charges a thousand dollars a month. Once you've introduced the service and your prospect has agreed to work with you, all you have to do is send them an invoice online using billing software you've set up. I'll pay it and that's it, congratulations, you have your first paying customer. Now the only question we are left with is how they actually deliver the services and that brings us directly to our last step.
Now, do you ever stop to see how the largest service based companies actually operate the ones that have fancy offices with hundreds of employees, have a very simple model, pay their employees, say, 10 15 an hour and Then they charge their clients 50 per hour and just keep the difference, they just figure out how much to charge. their client based on how many hours the project is going to take and how much they're going to pay their employees and then they're going to add an additional 100 to 300 margin on top of that, which is literally their entire business model, all of these businesses. you think they're very smart and you know they make tens of millions of dollars a year and these law firms and this and that that's their business model, that's it now, what we do here is even smarter than that instead of having to deal with To deal with the risks that come with typical employment relationships, such as fixed payroll and long-term contracts, we will hire a contractor who already hasexperience with the service you offer and we will do it per customer, so What does this mean?
Well, first, there will be no risk on our part because we will only pay our contractor once the client has already paid us. You see, the client pays you on the first day and you pay the contractor on the first day. 30. only after they have provided the services and that is a very common practice obviously you know that even traditional employees get paid at the end of the month but any type of agency or service provider you know if you go to a web design agency or whatever. You will have to pay upfront for the project to begin.
You know it's funny, even in law firms. You know they pay their employees at the end of the month, but if you go to a law firm, you'll have to do it. pay a large amount upfront basically as credit for the work they are going to do for you, this way you never have to pay anything out of pocket and you will only pay them once you get a client and ladies and gentlemen. This is what I call contractor arbitration. I mean, it's exactly the same thing Uber thinks every time a new driver signs up for Uber.
Uber as a company has no additional risk because this driver literally costs them no money. while adding new potential revenue to them and it is only after the driver generates said revenue that Uber pays their fare, it is free cash flow for their business and we are doing exactly the same thing this way, you will never have cash flow problems and You will never have to pay anything out of pocket and the craziest part of all this is that it is actually cheaper to hire an experienced contractor who speaks impeccable English from countries like South Africa New Zealand Peru Colombia Brazil Pakistan Indonesia Philippines and many more. from other countries than hiring someone who just graduated from a marketing university in the US and literally has no experience and I mean, just to give you a little context, my CMO at the grocery agency Luis, well , is from Brazil and has been working with me for over three years at this point and he used to be a contractor at my agency when we started working together.
I have hired literally hundreds of people from countries like Colombia, South Africa, Serbia, India and they are all extremely good at what they do and here is how we structure these deals the way our students normally structured their deals with contractors: they get paid between 250 and a thousand dollars a month per client and then they charge these clients between a thousand and ten thousand dollars a month, I mean, when me and my first contractor started working together in early 2018. He charged me six hundred dollars a month per client and he was actually selling these services for thirty five hundred dollars, five thousand dollars up to ten thousand dollars a month and actually when I signed. that client for ten thousand dollars a month I thought that was okay, I think I should probably bring this person home full time, so I brought him in full time, his name was Danny and he ended up working for me for many years as my CMO in agency now, here's an example of our student Jamie who signed a seven thousand dollar contract that he outsourced for twelve hundred dollars while enjoying life on a fucking Paradise Island and you can figure this out depending on your retainers and the amount of work required by each client.
Personally, I would never suggest going below 60 margins to keep your agency very profitable and the best part is that you are making a real difference in the lives of these contractors because if they had the same job in their own countries they would work a lot harder. and earn five to ten times less when paid in their own country's currency. Of course, I was always very transparent with contractors about how much I charged clients and I suggest they do the same. The next question is how do you actually find contractors to work with you, you can search in many different places like LinkedIn upwork or other social platforms related to business and job postings, but by far my favorite place to find them is in job groups.
Facebook. You can find Facebook groups closely related to topics of your service, such as Facebook Ad Buyers or SEO Ninjas, and these places are full of good potential contractors. I mean, think about if someone is actively participating in Facebook groups to improve their skills, that's a very good sign and I'll let you in on a little secret. The best types of groups with the highest quality of contractors available are closed communities for software that teach you what you offer as a service, so groups for paid programs that teach Facebook ads or SEO or whatever your service is and You can usually get your job listing. posted in the groups by contacting one of the administrators because the best thing for them is to offer job opportunities to their clients and students, this is how contractor arbitration is used so that an experienced professional is in charge of all the fulfillment of the service without having to Doing any part of the work yourself is a truly beginner-friendly copy and paste business model, so now you see why literally anyone can do this and I mean anyone, even guys like Binay who is from Nepal and that's it. signing clients for your agency in your first few weeks with this business model I mean, how wonderful is it that this beginner-friendly business model allows people to earn five figures from the comfort of their own home, even in third world countries.
I mean, it's crazy, so these seven steps that I just gave you the map to achieving financial freedom today, so if you could take away just one thing from this video, it's that I always say that achieving financial freedom is how to climb a mountain if you want to successfully achieve the goal. At the top of the mountain you need two things: a map to show you how to get there and a safety net to keep you from falling through the cracks, and you need them because two things will inevitably happen: you got lost along the way and you will fall.
But if you have a map you will always find a way back to the trail and if you have safety nets, even if you fall, you will always get back up safe and sound. Now what I just gave you is a small part of the map. It's time for me to give you the lather, unfortunately I can't record or upload a 25 hour long YouTube video that explains exactly how to start this process and goes over every detail of stocking an online business from scratch, but luckily, as I mentioned before. I have one of the world's leading e-learning platforms.
Grow your agency and within this platform I have my flagship program, it's called Agency Navigator. Agency Navigator is the complete map you need to start a location independent business from xero and scale it to ten thousand dollars a month in the shortest time possible selling services online even if you have no previous experience and this map is made up of three parts the first It's the fundamentals part and here you basically learn how to set everything up, this is how to choose a service to offer how to choose a niche how to get paid how to prepare to onboard clients how to find experienced people to provide you with the service basically everything you need to start function, but also what mindset you need to adopt To be successful in this game, how to prepare yourself mentally, how to structure your days and all the mindset things that are just as important and that no one talks about, and after this part you will have set up the whole structure and everything you need in order.
To start signing up clients and getting paid logically, the second part of the map shows you exactly how to sign up clients. This stage gives you the step-by-step action plan to start recruiting clients, where to find potential clans, exactly how to get there. Tell them what to say to start the conversation and get them into a Zoom meeting with you and then finally, exactly what to say during your meeting to get your prospects to trust you and, as a result, sign them and make them pay. you instantly after this stage, finding clients will never be a problem for you again, you will have acquired the skill of attracting people who want to give you money on demand and finally, our last stage covers how to deliver results in this stage.
I will delve into the best practices of service delivery and teach you step by step how to master the service that I consider the most profitable and scalable, which is paid ads, and after this stage you will become a master at getting incredible results. for your clients through paid advertising, even if you have never published an ad before and when you apply this knowledge, you will have a business that is ready to pay you between one thousand and ten thousand dollars a month while giving you time and location freedom. I want you to take Jackson's example so that you understand the power of this map that I am giving you.
Jackson signed his first team for two thousand dollars a month three months ago and now he has been paid a total of six thousand dollars just for this. a single customer and this same customer will continue to pay you for months, potentially for years to come. I mean, think about how much this clown alone can make you in your life, tens and tens of thousands of dollars in all this, because he sold to a client once and after that all he has to do is provide the services which, again, can easily be outsourced by taking advantage of contractor arbitrage, which I also cover very in-depth within the Navigator agency.
Now, the other thing you need. This map is a safety net and the reason we have such a high success rate within our programs is because of the safety net we have noticed that most students fail because they get stuck choosing a niche or they choose wrong service or they don't send enough extension messages, so we create safety nets to prevent you from falling through these cracks and we have three levels of safety nets to prevent that from happening. The first safety net is our student community within the community. You will find people who will start at the same time as you from the same level as you and you will be able to share your journey together.
It is extremely important to have people walking this journey alongside you, especially when times get tough because that stops you. from being you against the world to us against the world and within the community, you will also find other students who are further along in their journey than you and who can help you with your problems because they have walked the same path before and I am very proud to say that within the Navigator agency you will find a level of community that you simply won't find anywhere else. Inside you'll meet people like Marcus, who scale this agency to thirty thousand. dollars a month make girls like Ellen, who is still in high school and already has 17 clients signed up three months after starting Outreach, or guys like Nick, who went from 0 to 10 clients in a period of one month and managed to get his own place in downtown Nashville at the age of 18. and this leads to our second safety net, our expert team of coaches.
I say this because the apartment Nick recovered is the exact same apartment that John Danes, one of our coaches, lives in. You see, John is the owner of two very successful lead generation agencies and is currently one of the trainers helping students with agency operations, Sales and service delivery. This is how training calls work each week. We have multiple live sales training calls. Service delivery. Extension and responsibility mentality. I mean you. You can literally jump on these calls, unmute yourself and ask one of our expert coaches whatever you want and this is what happens when you go on coaching calls, ask good questions and apply what they teach you.
Use the first Scar client at 2500 a month after applying with Luis. one of our coaches told him to do on one of his question calls and look what happened just two days after he closed another client at six thousand dollars a month, that is, he went from zero to 8,500 a month in simply a matter of three days. and what I am most proud of is that each of our coaches have gone through our courses as students like you and have earned hundreds of thousands of dollars a year with their agencies, having these coaches as your safety net ready to respond to any of your questions and help you get out of the rut are the ones who achieve success compared to those who get left behind and never make it out.
Finally, we have our third and probably craziest level of safety net and that is our dedicated one. Personalized Coaches When you join the Navigator agency, you are assigned a personalized coach to guide you on your journey and provide you with the most incredible level of mentorship you can find in any online program you will ever take. initial call with your dedicated coach immediately when you join the program, followed by a one-month walk and a three-month check-in call and asix-month verification to ensure you are accountable and staying on track throughout your entire journey towards At this time, we have had over 20,000 people apply to work with us in this specific role and we have hired less than 15 .And we run the application process for this position almost weekly at this point to find the best. the best talent there is.
I mean, it's literally easier to get accepted to Harvard than it is to be accepted to coach our students and that's why we call them the student success concierge. That's how seriously you take this position and the level of support you get within the Agency Navigator all the time. I see student victories where people tag their Student Success concierge saying how much they help them along the way and with this map and safety net we have taught over 15,000 students to date our average It takes a student around 47 days to sign their first paying client and the average retainer for our students is two thousand dollars a month and the real beauty is that after signing with their first client, it takes them about half the time to sign with the second and at this point they are already earning a full-time income, that is, for any type of degree that provides this type of compensation, universities They charge an average of 57,000 a year for the five years it takes to graduate, which would be equivalent to over two hundred and fifty thousand dollars invested in your education.
From the moment I found a producer agency five years ago, the mission has always been same: achieving a 10x impact on your income for 1,100x the price of a regular college education. I mean, our student testimony has already shown that we made a 10x impact on their income, now one 100 with the price of a regular college education, the 250,000 we just mentioned would be equivalent to two and a half thousand dollars, but to be completely Honestly, I still wasn't happy with this price because I felt it was too out of reach for most people, so if you want to get access to the full map, which is the Agency Navigator and our three levels of safety net, the community calls for coaching and the -Dedicated Coach for one, two thousand five hundred dollars is not the price you are going to pay today.
I have decided that when you sign up with the Navigator agency today, instead of two thousand five hundred dollars, you will pay one time. 14.99 fee and that's not all because the Navigator agency will be moving to an annual subscription model very soon, which means that for people to get continuous access to the exclusive programs in the community, the coach calls the dedicated coach, They will have to pay an annual fee on top of the 14.99 and we already have a set date for this to be implemented, so if you would like to get lifetime access to the exclusive student community for training, please call the dedicated individual trainer , as well as full service.
Agency Navigator program that will teach you how to build your agency from zero to ten thousand dollars a month in record time. Then today is your best option and listen in a few days or even next month, this offer may no longer be available. Just remember that right now, at this exact moment, we are living in the best time in history to start your online agency business, there has never been so much demand for these types of services, that means the longer you wait, the more you procrastinate, there is other people right now who are not accepting your potential clients who are accepting the four-figure monthly sums they should pay you because you didn't procrastinate.
He kicked the can down the road, which by the way is what he did last year and the year before and said, I'll get to that another time, and by the way, companies have already included these services in their marketing budget. For the year, this means that they are going to spend the money willy-nilly, so if you are not the one receiving these four-figure monthly sums, then someone else watching this video who did get on the roadmap, well, he's getting it. money instead, so you can be the one who takes action and gets what is yours or you can be the one who sits back and watches others succeed, the choice is yours, so if you want to learn how to start a 10 000 per month from scratch, click Click the button below this video and get lifetime access to the Agency Navigator.
In case you have any questions that have not been answered in this video or if you have any problems completing your purchase, you can schedule a call with one of our Student Success team. and will help you personally with your situation, so I want you to know that I support you. I'm here to see you succeed and I'll see you inside the Navigator agency.

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