MBA1653 Guest Teacher – Amira Alvarez – How to Make an Income Breakthrough

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Like Ready to Save on New Tech? It's time for Dell Tech Day's annual sales event celebrating our customers with fantastic deals and benefits. Perks include Dell Rewards, free shipping, premium Support and more. PCs like the Dell 14 with Intel Core Ultra processors will help you do more faster and with a premium suite of monitors and accessories, you can upgrade your whole setup with amazing savings. Visit Dell.com deals foreign. Welcome to the Hundred Dollar MBA Show. Powerful Business lessons every single day with our daily 10 minute business lessons for the real world. I'm your host, your coach, your teacher Omar Zenholm. I'm also the co founder of the Hundred Dollar MBA, a complete business training and community online over at 100mba.net and today's this episode is a Guest Teacher episode. On our Guest Teacher episodes we bring on an expert to teach their area of expertise. Today we have Amira Alvarez and she'll be teaching you how to make an income breakthrough. We're not talking about raising your income by 10 or 20%. We're talking about doubling tripling 4xing your income. some point you're going to run out of hours. You just can't work any harder. You're going to need strategies to take you to those next levels of income. And that's why Amir is here to teach her guest teacher lesson. You'll learn why some businesses skyrocket and some struggle. How making more money is basically a simple math equation that she'll break down. She'll walk you through the six steps for that income breakthrough. She'll even share how she just barely went over six figures in her income to go into well over $700,000 in annual income. We got a lot to cover in this guest teacher lesson. So let's get into it. Let's get down to business. Amira Alvarez is the CEO and founder of the Unstoppable Woman, a global coaching company that she runs. She helps entrepreneurs, empire builders, athletes, creatives and more achieve their dreams and goals and she's here today to show you how to catapult your income not incremental growth, but drastic growth. I'm going to pass it on to Amira right now, but I'll be back to wrap up today's lesson and give my takeaways. But for now, take it away, Amira.

Hi everyone, I'm Amira Alvarez, founder and CEO of the Unstoppable Woman. Thank you so much for joining me today. Today I'm going to be laying out the exact steps required to make an income breakthrough and how to do that in record time. An income breakthrough is when you increase your income significantly, breaking through not only what you have done in the past, but also what you previously thought was possible for yourself. So this isn't about making an incremental increase in income, rather a massive or quantum leap in income. You could define this as doubling, tripling, or even five times in your income. You could define this by saying that you want to make your annual income, your monthly income. Is it another 10k or is it another 10 million? There's no singular right answer. Now making a massive income breakthrough isn't what most people do. And I get it if you want to tune out and say this is all hype, but I would caution you against that. Think about it. There are a certain number of people who do do this and you've got to ask yourself, if they can do it, why can't I do? Turns out that success isn't based on coming from a wealthy background. There are too many rags to riches stories to make that a requirement. Turns out that success doesn't come from a good education or getting a PhD as there are too many stories of high school dropouts making it big time. And quite frankly, there are too many highly educated, super smart people making a solid but not outstanding income. And it's not based on talent alone. You do need to be good at what you do and talent plays a big part. But we've all seen examples of less talented people making it big, say in Hollywood or getting that job promotion. And finally, what about hard work? Sadly, there are incredibly talented and noble people who work hard. Nose to the grindstone but don't get ahead. So what is it? Why do some people and businesses skyrocket while others struggle or plateau? It dawned on me one night that I couldn't work any harder. I'd already put in a 16 hour day. I couldn't 10 times my work hours to 10 times my income. I asked myself, if I'm so smart, so talented, and I work so very very hard, why wasn't I getting ahead? You've got to ask yourself A similar question if you're not getting the results that you want at whatever level you're at, I realize that there are only three ways to make more money. I don't care who you are or what your business is, there are only three fundamental ways to make more money. Whether it's online or offline, a product or a service. There are only three ways. You raise your prices, you sell more of what you're already selling, or you add another channel of income. With this in mind, scaling your business gets a whole lot simpler. Making money is a simple math equation, but we make it much harder because of the blind spots in our thinking. When I realized I couldn't work any harder to scale, I was making 138k a year. That wasn't chump change. I was doing well. But as they say, good is the enemy of great. I wasn't getting the results that I wanted and I was struggling a whole lot. When I figured out how to make my income breakthrough, I went from 138 to 700k in one year. I 5 times my income in one year and it blew my mind. But I want you to know it's a repeatable process and I want to teach that to you. How to do it for Yourself so let's walk through the six steps on how to chart a course to your income goal and achieve it. The first step is to tell me what you want. How much money do you really want to be making? Not how much money do you think you can make or how much money is possible for you to make, but how much money do you want to make this year? Now, before you start second guessing yourself, just make a note of the number that came to you. Don't discount it. This is what successful people do. They own their big audacious goals even before they know how they're going to achieve them. This is also a very important step because you can't set your course or create a plan without knowing where you're going. But we're brought up to not own our desires, especially around money. Most of us were brought up with a lot of scarcity thinking about money that keeps us from setting our GPS on our real goals and only setting it on smaller goals that only create incremental results. Did you hear things like money doesn't buy happiness or money doesn't grow on trees when you were growing up? Those are just two common ones. When in fact money does grow on trees. Where do you think paper comes from? And of course, money doesn't buy happiness. That's completely ludicrous. And it's what people who don't have it tell themselves to make themselves feel better about not having it. Money is a resource to be used for exchanging goods and services. It's not meant to buy happiness, never was and never will be. Don't use that as an excuse for not going after what you really desire financially. All that to say most of us were brought up with mixed messages around money, and you must learn to claim how much money you truly want. The next step is to identify where you are right now. If you know where you're going but you don't know where you are, it's hard to chart a course. It's like saying you want to drive to New York but not knowing if you're in Maine or California. How would you know which direction to go in? So where are you now? How much money are you making now? What are your current results? If you think you're doing better or worse than you are, it's impossible to chart an accurate path to get you from where you are now to where you want to be, because you won't be starting at the right place. Okay, the next step is to create a plan to get you from where you are now to where you want to be. To do this, you first need to do the math. What's the gap between where you are now and where you want to be? What's the number we're solving for? Consider, then dividing this number by 12 to see what your monthly goal needs to be as well. Then look at that number. What would you need to do to achieve it? Go back to the three ways of making more money. Will you raise your prices? Will you sell more of what you already sell? Will you add a channel of income? Or will you do some combination of the three? What's your fastest path to the cash that you want to make? And what are the ideas that come to you to execute on that? It doesn't have to be complicated. At this point, you will have charted a clear, uncomplicated course and you will now know what you need to do. But what happens now? Most people get derailed. If they didn't, everyone would be having massive success. But in truth, only a very small percentage do. Step four is to identify your pattern of stopping and change it so you can close the gap on time vis a vis achieving your goals. To get started here, ask yourself, what's your pattern for stopping? Do you always get sick? Do you always take on too many projects? Do you change your goal all the time? Do you let doubt or fears of rejection, disappointment or failure delay you in taking action. Do you end up overwhelmed, Distracted, procrastinating? The big thing that you need to know here is that your pattern of stopping is how you maintain your personal set point of success. You have always achieved things within a range that is comfortable for you. If you consciously seek to go beyond this range by going after a bigger goal, your internal subconscious thermostat will bring you back within the range. This is just like a thermostat in your house. Let's say your thermostat is set to 70 degrees. And when you really get going and have a great month in sales, you hit 75 degrees, you'll bring yourself back to 70. Same on the other end. If you drop to 65 degrees and say, have a slow month with sales, you'll create urgency the next month because that's unacceptable to you and you'll go back up to that set point of 70. This is the feast and famine cycle and it happens below your conscious awareness. There may be a perfectly reasonable story to account for it. You got sick. You had to go on that business trip. You had to focus on the staffing issue or client crisis. But make no mistake about it, this is your internal cybernetic mechanism bringing you back to your set point. So what do you do? You must learn to reprogram yourself for success, to become unstoppable. This requires changing your self image, identifying your blind spots, which sadly by definition are blind to you, and changing how you think about goal achievement and understanding and applying universal law. And consistently when you get this aspect of goal achievement, you can achieve any goal that you set your mind to in record time. However, this is where 99% of people get in their own way and never break through. When I made my breakthrough in five times my income in one year and then went on to reach seven figures, I did it with the help of an experienced mentor. I did exactly as I was instructed. Because my way of thinking and acting wasn't working. I had to learn a different way that wasn't just about working harder, struggling and spinning my wheels. Now I want to go back to something I said. Some of you may not be familiar with universal law. These are the incontrovertible laws that govern our world. Like the law of cause and effect. For every action there is an equal and opposite reaction. It's beyond the scope of this teaching to cover them. But if this is of interest to you, I'll be sharing at the end. A free way for you to start educating yourself on these. Let's move on to the next step. You must take action. There is no substitute for action now. The needle moving action for you will be unique to you and your business and will be dependent on where you are now and where you want to go. But regardless of that, keep in mind that the action needs to be massive, immediate and consistent. A great acronym for you to help remember this is Mike M for Massive. Mike I for immediate. C for Consistent. When you take massive, immediate and consistent action, you amplify your life and your ability to achieve your goals in record time. The last and final step on this is to put it on repeat. Do not stop. You must become unstoppable. This means picking your next stretch goal even before you've achieved this one, being honest about where you are, charting your course, bringing truth to the equation and getting help in doing this, and then taking massive, immediate and consistent action again and again. When you get the hang of this, you finally understand how to create the income you want and you can apply it to any personal or professional goal that you may have. I even used it to go from couch potato to running a marathon in seven months, letting go of 30 pounds and creating my absolute dream relationship that's totally lit up alive. All right, guys, I'm Amira Alvarez and it was my absolute pleasure to be with you here today. If you want to instantly make it 42% more likely to achieve your financial goal, join my Free Income Breakthrough Jumpstart program. And if you'd like more information on how to master your self image, thinking and universal law, join my Mindset Club. Both of these can be found at theunstoppablewoman.com Freestuff men are welcome too. Thanks again for joining me today. Back to you, Omar. At Leidos, we make things smarter and more efficient. From helping the VA cut disability exam processing times by half to already being done with this ad. 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What a great lesson by Amira Alvarez One of the things I learned about taking leaps in your income, in the revenue you make in your business is that it requires some focus, some really dedicated attention. And this could be as little as three or four days. But just doing one thing, working on that new product, working on that new pricing, launching that new that's going to take you to the next level. We often get distracted with other things in the business. See this as sort of like a break from the business, a vacation from the business. If you went on a holiday, you just, you know, shut off for a few days, right? So you're going to do the same thing and shut off from the business, but focus on this new thing that's going to move the needle. Follow the six steps that she outlined and you can really make a significant change. My other piece of advice is make sure you price your products accordingly. Don't underprice yourself. Ask what you're worth and if it's good value and you market that value properly on your website, you can get what you're worth. Thank you so much for listening to the $100 VA Show. Make sure you hit subscribe right now so you don't miss a beat. We've seen some massive growth recently with our subscribers, and that's because we're delivering amazing lessons every single day as you grow your business totally free. So hit subscribe right now. Before I go, I want to leave you with this Always try to work on things that add value to your business that you can leverage for money so you can make more money. Sometimes we spend a lot of our time doing things that don't really bring in money. Try to outsource all these busy work tasks to a virtual assistant to a new hire and focus on the big projects that bring in the big bucks that make the significant changes that Amira spoke about today. All right, I'll check you in tomorrow's episode. I'll see you then. Take care.

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