Mike Domitrz warns speakers against expecting full-time income in their first three to six months. Most new businesses don't work that fast. Build for consistency and long-term clients instead of chasing quick money.
One of the biggest mistakes you will see speakers make is they will think, oh, I'm going to speak. Now, how do I make blank, blank, blank amount of money in the first 6 months or the first year? And it's a big amount they bring up, like something you could definitely live off full-time. And they want it now. They want it in 3 months, definitely within 6 months. And you pause and go, what other business do your friends start that they expect it to not just be doing well within 6 months to a year, But knocking it out of the water financially? What business have you seen people do that in and how often? And they're all like, well, I don't know anybody who's done that. Then why are you treating your speaking business like that? It creates unfair expectations for yourself. It creates an insane amount of pressure to be able to get those kind of numbers instead of building a reliable, consistent business that people want to do business with.
