Shanli Liu, CPA, CTPFreedomfolio · I help 7 to 8 figure service business owners and ecommerce sellers keep 10K to 75K of profit- without IRS headaches | CPA. Virtual CFO. Tax Resolution Pro | $5MM+client tax savings | Book a free 15 min strategy call

It's A Lot Easier Than You Think

Name: It's A Lot Easier Than You Think
Uploaded: 2024-10-11T02:30:28+00:00
Duration: 43 s
Channel: Shanli Liu, CPA, CTP
Description: In this brief monologue, Shanli Liu explains a simplified approach to reaching a $1 million revenue target. Instead of selling low‑priced products to…

11 Oct 2024 · 1 min

Watch on YouTube

0:43

In this brief monologue, Shanli Liu explains a simplified approach to reaching a $1 million revenue target. Instead of selling low‑priced products to many customers, she advocates selling a high‑ticket offer ($10,000) to a smaller number of clients. The price can be broken into a four‑year payment plan (~$200 per month), making it more affordable. She outlines the acquisition math: reaching out to 100 prospects daily yields about 2 conversions per week (roughly 2 % of contacts), which quickly adds up to 100 customers and the $1 M goal. The overall message is that focusing on high‑value offers with manageable payment terms and consistent outreach makes the million‑dollar target realistic.

Chapters

A lot of people think to make $1 million, you got to sell 10,000 people something for $100, right? And that would be $1 million, but it's way easier to just sell 100 people something that costs $10,000. The real problem that you're solving is what do I have that's worth $10,000? Well, the thing is, is they also don't have to pay you now. This can be split over 4 years, which is now $200 per month. And for you to acquire the 100 customers, you're talking about 2 people per week, which is not that hard. And if you're reaching out to 100 people per day, then you getting 2 out of 700 people to be willing to spend $200 a month with you, all of a sudden this million-dollar goal becomes a lot more real.