251. How I Created a $1 Million Business Idea

You can look up the steps online to make seven figures in a business. You’ll probably get a good strategy. But that’s only 20% of what will make you successful. The other 80% is where the magic happens. This is not a gimmick. After being a coach for more than 16 years, there is a common thread among all the extraordinary human beings I’ve had the privilege and honor to work with – and that’s actually believing something is possible. When we're up against a world where it looks like everybody's trying to sell something, everybody's being a little slimy, we start to question what's actually real, what's actually authentic, and what actually can happen. So I’m going to pull back the curtain on how I came up with my million-dollar idea. There are several avenues to create a business that can sustain you completely. I’m going to let you inside how I work with my students in the Abundance Academy. Now, if you’ve never heard of the Abundance Academy, it’s my signature program to answer how I could help more people faster. If you were asking that question, you might say you would write a book. Or start recording videos. You might create an online course or become a keynote speaker. All of these are valid options for hitting seven figures.  The 20% strategy is necessary for success. But the magic happens when you start breaking down what is holding you back. We all have those niggling doubts. Can I really do it? Is it really for me? Can I really make it happen? The magic 80% is your mindset. Because as you start to implement the 20% strategy, your mindset, your experiences, your childhood, things that didn’t land how you wanted to will have you quit. You’ll start to chase the shiny objects. You’ll redo your website, your about page, your services page. Those shiny object activities are happening because you are bumping up against the edges of where you’ve been before and it starts to get uncomfortable. And we were not meant to go through massive expansion periods in our lives by ourselves. That is another way that I knew I was onto $1 million idea when we came up with the Abundance Academy. Not only were people getting held back by what they thought was real, they didn't have anywhere to go.  One of the best pieces of advice I've ever heard: when you really want to create something amazing, you want to be in rooms with people who've already accomplished what you want to accomplish, or who are up to accomplishing the same thing. They didn't have a coach by their side; they were alone trying to figure this out. But there is so much that we can see in others that we cannot see in ourselves. So when you're looking to create $1 million idea or how to even generate something at that level for you, maybe you need to start by saying, what's a $3,000 idea that I can execute this month? What's a $5,000 idea I can execute this month? From there, I want you to move to $10,000. From there, I want you to move to $50,000 and start expanding on what you think is possible.  If you're ready to enhance your relationship with money, check out the Abundance Academy: https://sarahwalton.typeform.com/to/X8lEWujM.   You'll hear directly from Sarah personally. Other GoG episodes you might want to check out: 5 Tips to Create an Environment for Abundance https://sarahwalton.com/abundant-environment/  How to Increase Revenue In Your Business, Quickly https://sarahwalton.com/increase-your-business-revenue/  You can check out our podcast interviews on YouTube, too! http://bit.ly/YouTubeSWalton   Thank you so much for listening. I’m so honored that you’re here and would be so grateful if you could leave a quick review on Apple Podcasts by clicking here, scrolling to the bottom, and clicking “Write a review.” Then we’ll get to inspire even more people! (If you’re not sure how to leave a review, you can watch this quick tutorial.) #MillionDollarBusiness #BuildingABusiness #BusinessGrowth #BusinessBooks #BusinessStrategy #AskExpert #AbundanceAcademy #SalesCoach #IntuitiveBusinessCoach