MBA1953 Guest Teacher – Akbar Sheikh – How To Build a 7-Figure Online Business with Giving

Let me tell you about Intuit QuickBooks. When I was starting out my business, I remember sitting at my desk late at night, not working on my business, but cleaning up numbers, tracking and reconciling payments and wondering how this became my life. But once I automated the admin side of things, of my finances, those nights had disappeared and I felt a whole lot better. Outdo it with Intuit QuickBooks. QuickBooks is the trusted end to end solution that businesses rely on for getting paid, managing finances, paying employees, finding new customers and more. QuickBooks provides a team of AI agents and trusted experts. So doing it yourself no longer means doing it alone. Their payment agent gets you paid faster. Their customer agent finds leads, follows up and secures more sales, and the accounting agent automates and categorizes transactions. Get your critical business jobs done with QuickBooks on the Intuit platform. 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. Hey oh. Welcome to the hundred dollar MBA show where you and your business get better 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 Webinar Ninja, an independent software company I started with my co founder back in 2014 and today's episode is a guest TV teacher episode. On our guest teacher episodes we bring on an expert to teach their area of expertise. Today we have Akbar Sheikh and he'll be teaching you how to build a seven figure online business with giving. He's gonna outline clear steps of how to build an effective business that helps other people, that allows you to give so you can receive. This lesson is absolute gold. So you wanna grab a paper and pen to take down some notes or. Or open up your note taking app on your phone and start jotting down some of the tasks. Some of the action items you're gonna need to do after today's lesson. So let's get into it. Let's get down to business. Gas, snacks, tolls. This trip is draining my wallet.

Yeah, but we'll be with family.

You're in a good mood.

What's your deal?

What's my deal? I saved at Metro with no activation fees and I got one line of 5G for just $25 per month. Kept the phone I love and a 5 year price guarantee on my top tuxed data detour.

Get that more for your money feeling only at Metro by T Mobile.

Just bring your number. $30 first month and $25 after with autopay not available if with Metro or.

T Mobile in the past 180 days.

Today's guest teacher, Akbar Sheikh is the founder of the Make More Give More movement. They have collectively helped entrepreneurs from around the world to generate roughly $50 million in revenue. His mission is to spread the word that if you want to make it big, you got to give. I'm going to pass on to Docmore because this lesson on how to build a seven figure business by giving is abso amazing. You're gonna love it. Akbar is authentic and a proven entrepreneur who wants to share how he does it. So I'm gonna pass it on to Akbar. But I'll be back to wrap up today's episode and give my takeaways. But for now, take it away. Akbar.

Hey, hey, hey. What's up everybody? My name is Akbar Sheikh and thank you so much for joining me. Today I am going to be teaching you how to build a seven figure business by giving. All right, so let's get down to business. Here's the good news. There's actually only seven steps. This is the coolest thing, little recap of my life, frankly, my life's work. So let's just jump right into this. Okay? Like I said, seven steps to building a seven figure online business by giving. Step number one. I hope you're taking notes. Thought process. Look, let's be honest. We're not trying to judge anyone or hate on anyone. Certainly not. Certainly not. Bottom line is if you want a seven figure business, that means you are going to be in the top 1%, which means we have to understand something. The other 99% of people, they think differently. So the top people in the top 1%, they have different habits, different behaviors, different thoughts. We need to realize this. And the main takeaway I want you to get from this nugget, so to speak, is don't be phased by the masses, because the masses are gonna say, no, no, no, no, no. Don't be like, oh, okay, okay. We have to. The first and foremost thing is you need to understand is that you're on a different path. You know, if you're trying to lose weight and all your family is overweight, I'm using that as an example because I lost 60 pounds. They're gonna look at you like a psychopath. If you show up to a birthday party and they offer you cake, you're like, nah, I don't do cake right now. They're gonna look at you like a crazy person. What I want to tell you is you're not. And understand that everyone has different goals and most people have very different goals than you. So internalize that which will empower you, which will let you do step two, which is you need a sexy offer. Look, here's the reality. We all have God given gifts, okay? Each and every one of us. God's given us a beautiful, beautiful gift. Here's the problem. We're not helping enough people with this gift. And the reason that's a problem is because I feel that no one is truly happy unless they're using their God given gift to make the world a better place. So why is that? Why aren't you helping enough people? It's because your offer is not really that juicy. Here's what I mean by that. You know, for people who help, you know, people get in better shape or whatever. Like, hey, here's a perfect example. Hey, I help you get in better shape so you can have more energy. Well, you know, that's great. In all due respect, it's just generic and it blends into the background noise. So how about this instead? Hey, hey, dads, we help you lose some weight so you can finally have enough energy to play with your kids so you can be a good dad again. You know what I mean? I mean, do you see the night and day difference? For example? The point of a juicy, juicy offer is that when your ideal audience hears it, they need to be like, oh my God, dude, like, I need this. Like, I need this and that dad who's not playing with their kids because they don't have energy. When he hears that, he's like, man. Yeah, I'm not saying to call anyone out. I'm just saying speak to someone. Instead of no one, speak to everyone. You're speaking to no one, right? How do you like that? That's step number two to building a seven figure online business in just seven ethical steps. Smiley face. Step number three, website. Okay, so here's the deal with the website, okay? Website or funnel? Look, most of them are, all due respect. Listen, I'm your friend, man. I'm talking to you like your family. I mean, no offense to anybody. They're mostly stinky stew. They're mostly ugly. I just checked. I'm actually thinking about getting my master's degree in religious Arts, actually. I just, I love, I'm fascinated by these things. But anyway, I just went to a university website and dude, it was fugly. It's like, I'm pro. You know, it's like, I don't know if I want to join that one. Like, it's really important, you know, you need to have ethical principles of persuasion in your website. Your website needs to show that you are an authority. It needs to show that you've helped people. It needs to show that you're likable. There should be some sort of ethical fomo. Okay. I mean, I could talk about an hour on what should be on a website. I just wanna give you a little bit of an overview. But listen, put it to you this way. I'm gonna put it to you this way. Pretend that like your dream, whatever, like your dream person, your dream job, your dream, like, role model, like, let's just say you love Elon Musk or whatever, and he's gonna look at. And you found out that, hey, he's gonna website. Are you proud of it? Be like, oh my God, yeah, that's awesome. He's gonna check out my website. I'm so happy you're gonna be. Ah, Schnikes, that's a big problem. My website sucks. If that's the answer, which more than likely for a lot of people, it is. It's time to change things up. The next step. My good friends, my newfound friends, I appreciate you. I appreciate this opportunity. Thank you so much for listening to me. You know, time and land are two things they're not making any more of. And you're spending some of your time with me. And I want, you know, I really do truly appreciate that. I hope this is worth served me and my clients really, really well. So let's do a quick little mini recap. We got to make you think, right? We got to put a sexy offer. Once you have that beautiful offer, we got to put that on the website. Once you have that beautiful website. Ah, traffic. Well, we got to send some traffic to it. I want to focus. You know, there's two types of traffic. Primarily, there's paid traffic and organic traffic. I want to talk about organic traffic because frankly, that's what we specialize in. That's what we've helped, you know, people make millions in. Here's the thing about organic traffic. It's very, very, very much. You see, there's. You see, some people say that gold is created when stars collide. Here's how I used to live in an electric, you know, before becoming like a top 1% in our industry, I used to actually live in an electrical closet. And what I'm about to teach you now is I actually started this method in the electrical closet. And that was just to tell you that the most profitable person you can be is yourself. Like, really, if somebody loves you outside of your mama, then you're lovable. So the problem is people try to be someone that they're not. Here's how you do organic traffic. Be yourself. Show your personality. Talk about your beliefs. Be yourself and give value at the same time. Kind of like what I'm doing right now in this teaching session, do you see, Like, I'm being myself. And some people can be like, oh, this guy's a little goofy. Or some people like, dude, I really resonate with this guy. I like his style, I like what he's talking about. Okay, I can dig it. So just be yourself and don't worry about who you're attracting and not attracting. Just make sure to give value. And everyone's an expert at something, so just share that. You know, like, for example, like, whatever it is that you do, like, let's just say you're like this weight loss expert or something. You know, you go to the gym sometimes, you're like, oh my God, like they're doing that push up totally wrong. They just go, give that value. And in a nice way, just like, dude, this is how I see people doing push ups. This is how you should be doing pushups. Just be yourself and give value. That simple methodology. Like we just did like a lot of. And what mode? Whatever, dude, you want to do. You want to do video? Do video. I did like a ton of Facebook lives. You don't like the way you look on video? Do a podcast. You don't like your voice. Do a blog. In business, there's no excuses. Okay? So that would be a phenomenal way to do organic traffic. Okay, now once you have traffic. Ah, well, you need to convert that traffic into sales. Different sales processes for high ticket things, which you primarily work with. That's kind of what we specialize in. You do phone calls, you close deals over the phone. Honestly, guys, we've been using the same script, you know, for years. I'll tell you one key element. If you're not closing enough sales. One of my all time best performing. You guys want to hear one of my all time best performing sales tactics? Yeah, I'll just pretend you're saying yes. Very, very easy and very beautiful at some point during the call, like it's Kind of gonna be sort of like the midway mark. You'd be like, all right, dude, so for example, sake, like, take me, for example. I'm a business coach, right? Like, all right, dude, so you want to make a seven figure business, right? What do you think is stopping you? Oh, dude, you know what? I just don't. My offer is just not very good. And you know what? I can't figure out how to like, outsource anything. And man, if I figure those things out, I'd have a seven figure business. Okay, towards the end of the call, guess what? And obviously it has to be true. I'm like, all right, dude, you are a perfect fit for a program. Guess what? In our program, we're actually going to give you. We specialize in actually making your offer so good that you're going to want to buy it. And we really are going to show you how to do what you do best and outsource the rest. We're going to show you how to get a lean team for pennies on the dollar. And they're gonna say, oh, my God, dude, has this guy been reading my diary? Like, that's nuts. Like, how did you know that? Because you told me 15 minutes ago. So in other words, you know, just regurgitate. They're gonna give you the solution. Just regurgitate that in the form of your offer.

Ta da.

It's magic. It's been working for years and years and years. So that's sales. Now the next thing you need, step six of seven, my friends, is something I've been preaching for a long time. Do what you do best, Outsource the rest. This is excruciatingly, excruciatingly important. I'll give you a perfectly live example. As I'm recording this, my wife's sitting here. She's an extremely talented designer. She's a designer, okay? She has a wonderful fashion line. And I'm technologically literate, my friends. And frankly, you know, she's not that great at it either. She's sitting here trying to fix her website and I'm just watching her. She's so frustrated. And I'm like, honey, that's not you. Like, that's not your strong suit. Do what you do best, which is design. Outsource the rest. Go on the Shopify group site and say, I need someone right now on a screen sharing for an hour. Dude, you are the visionary. You need an integrator. Go out there and just tell them that, hey, this is where I want the picture. This is what I want you to do and let them do it, then your energy will flow. Otherwise, if you're forcing yourself to do something that you're not capable of, you're going to suck at it, Your consciousness is going to go down, you're going to get frustrated, your mojo is going to die, your creativity is going to stop flowing and that is the death of an entrepreneur. Do what you do best, outsource the rest. My good God, I can go on and on about that one. Frankly, I can go on and on about all these things. I'm just giving everybody a nice little recap and I hope everyone's enjoying it. And the last step, okay, so do what you do best in outsource stress. That's basically building lean teams for pennies on the dollar. One can say exactly that. The final step is Automations. Aragara Gato, Mr. Automations. And here's what I'm telling you. You know it's interesting. I paid a guy a ton of money to learn one thing, hey, how do I keep my clients longer? He's like, through this automation and what it is when people like sign up to my coaching program, they're gonna get an automatic email and text every week checking up on them every single week, hey, how's it going? Can I help you? And then when they respond, that's gonna go to our customer support. So that's an automation that has made us a lot of money and guess what, we don't touch it now. So you wanna make sure you have all automations set up in your business, are you? Look, it's easy to sell, dude, anybody can sell. Here's the thing about selling, talk to enough people, okay? Talk to enough people and you'll sell some stuff, but can you keep them? And one of the best ways to keep people retention is through automation, to keep in touch with them in an automated way. Whether you want to do that with texts, emails, bots, keep in touch with them. Just because you sold them doesn't mean you're onto the next one. No, when you sell someone, your job is to keep selling them. But what are you selling them? What they already bought from you because you want them to use that. Because the only way people can fail with your program is if they don't use what you have. So it is your job, it is your ethical responsibility to get them to work that. Ladies and gentlemen, those are the seven steps to building a seven figure business in the form of giving. Now you can say, well wait a minute, what does that have to do with giving? My Friends, everything has to do with giving. Let me tell you this. There is no such thing. People ask me man, in content, how much is too much? How much should I give away? Here's the golden rule. You will never go poor by giving. Give, give, give, give, give. Okay. You cannot give away too much content. You cannot give away too much value. Have this intention. It's not about the money, my friends. It's about the impact we're making. So you are going to. I promise you. Listen guys, I've got crypto, stocks, mutual funds, real estate, gold. How about a Heba? How about a Hub? We've even produced a movie. Blah blah blah blah blah. Can I tell you my number one investment with the highest ROI ever? Giving, giving, giving. I'll tell you a secret. Sometimes you know, everyone has like a slow month in business or whatever. You know what I do? I make a big donation. As big as I can. Oh wow. Magic. Business picks up. Really. The more you give, the more you get. Every aspect of your business. Whether it's your mindset or your offer or your website or your traffic or your sales or your outsourcing or your automations. Everything we talked about, do it with the intention of giving. Have that be the nucleus of your business. And my friend, I don't think you can lose. I haven't seen anyone lose with this methodology. Have that be your intention. All right guys, I just gave you some of my all time best tips. I really really really hope you enjoyed that. My name is Akbashik and if you want to continue learning about this, we just scratched the surface. If you want to really, really dive deep in how you can build a seven figure business with giving, you can visit my website which is www.com www.akbarshik.com a K-B-A-R-S-H-E-I-K-H.com it's been a real true honor. The best thing in the world I can tell you is don't ever stop giving. Don't say when I make it big then I'll give. My argument is in order to make it big, you need to give lots of love to you. My prayers are with you. Thank you so much. Now back to Omar. Peace.

Gas, snacks, tolls.

This trip is draining my wallet.

Yeah, but we'll be with family.

You're in a good mood.

What's your deal?

What's my deal? I saved at Metro with no activation fees and I got one line of 5G for just $25 per month. Kept the phone. I love and a 5 year price guarantee on my top text and data detour to Metro.

Get that more for your money feeling only at Metro by T Mobile just.

Bring your number $30 first month and $25 after with autopay not available if with Metro or T Mobile in the.

Past 180 days.

Love love love Akbar's lesson today make sure you continue your learning@akbarshik.com that's a S H E I K H.com one of my favorite takeaways of his lesson today was the first point he made A lot of people like to gloss over mindset. They like to gloss over changing how you think and how you behave, the things you do on a daily basis. Here's the reality Entrepreneurs we're weird, okay? We are different. We're not like most people in the world. 99% of the world do not think the way we think. They don't act like the way we act. And I want to just share my own experience. When I started to become an entrepreneur, I started to do this full time. I started to realize how different I was becoming. I was actually starting to feel really, really lonely. I really felt like the people around me, my friends, my family, they just don't understand who I've become or what I'm doing. So I either had two choices. Either I don't talk about what I do, which is a big part of my life, something that I love and what I'm passionate about, excited about, and kind of just push that part of my life or myself down, or I make new friends, I meet like minded people, people that are where I'm at in my journey, or people that are a few steps ahead of me. This was a tough realization that I am just not going to grow if I continue to spend all my time with the same people. And today after being an entrepreneur for 20 plus years, it's almost painful for me to be around people that are not entrepreneurs. I'm not saying it's impossible. I do have enjoyable moments. But I have a threshold. I can't do more than a dinner or a couple of days. So after a while I want to geek out on business. But more importantly, my daily routine, what I do on a daily basis, my routine, what I'm interested in, they've all changed since I've become an entrepreneur over the years. And I not only can't relate to other people, but people can't relate to me. And it's nobody's fault. Nobody's better than anybody else. Like Akbar mentioned, it's just a difference of lifestyle and I respect people's choices in life and I think for many people they made the best choice for themselves. But I gotta do the same for me, right? I gotta do the same for my own life so I can be content and successful in my own eyes. And that sometimes takes tough decisions, making new relationships, defining the parameters of existing ones. Thanks so much for listening to today's lesson and today's guest teacher, Akbar Shaikh. Make sure you hit subscribe so you don't miss an episode. Tomorrow we're going to get into the nitty gritty. We're going to talk about how to plan and execute your first quarter goals. Q1 we don't want Q1 just fly by without us noticing. We need to make sure we set some goals and know exactly how we're going to meet them, how to execute on them. Tune in tomorrow to hear that one or hit subscribe or follow whatever it says on your podcast app so you don't miss it and it gets downloaded automatically. Before I go, I want to leave you with this. My favorite thing about entrepreneurship is that it's an incredible journey that forces you to to become a better person, to build better habits, to create great value for other people. The reason why entrepreneurs and business owners are able to earn a higher net wealth is because they add more value to other people's lives. The more value you add to the marketplace, which are people, the more valuable you become. That's just economics. So this is one of the perks. You become a valuable person to society, become a valuable person to your community in the journey of becoming an entrepreneur. Thanks so much for listening and I'll check you in tomorrow's episode. I'll see you then. Take care.

Of.

Gas, snacks, tolls.

This trip is draining my wallet.

Yeah, but we'll be with family.

You're in a good mood.

What's your deal?

What's my deal? I saved at Metro with no activation fees and I got one line of 5G for just $25 per month. Kept the phone I love and a 5 year price guarantee on my top tuxt and data detour to Metro.

Get that more for your money feeling only at Metro by T Mobile.

Just bring your number. $30 first month and $25 after with autopay not available. If with Metro or T Mobile in the past 100.