Make $2000 in 24 hours

Starting a business that generates $2000 a day might sound daunting, but there’s a powerful strategy that can help you achieve this with significantly less effort. Imagine setting up a system within a few days that not only makes this possible but also allows your time to work ratio to decrease over time while your income increases. Let me share a detailed process that has worked for us and can work for you too.

Initial Setup and Mindset

The first thing to understand is that while this method requires a lot of upfront work, it drastically reduces the ongoing effort needed to maintain and grow your business. The goal is to build a system that can generate $2000 per day, translating to roughly $60,000 per month. When we first achieved this, it took us six weeks. The next time, it took less, and each subsequent time became progressively easier.

Common Misconceptions

Many entrepreneurs think they need to create a $2000 product or service and sell it once a day. They often try to build a suite of products at different price points, hoping to hit their target through a combination of sales. They might create elaborate funnels with multiple upsells, invest heavily in ads, and produce a lot of content, hoping it goes viral.

While this model can work, it’s often overcomplicated and inefficient, especially for those starting from scratch. The reality is that advertising scales what you’ve already perfected; it doesn’t create success out of thin air. Testing offers through ads can be costly and time-consuming, often requiring a significant budget just to break even.

A Simpler, More Effective Approach

Instead of spreading yourself thin across multiple strategies, focus on creating a high-value, specific offer that solves a clear problem for your target market. Here’s how you can do it:

  1. Create a $2000 per month product: Develop an offer that provides substantial value and can command a premium price. This could be a service that significantly impacts your client’s business or life.
  2. Optimize Your Offer: Your offer should be compelling and specific. For example, we used to help businesses double their monthly revenue in 90 days. The clarity and appeal of this promise made it easy to attract clients willing to pay a premium.
  3. Focus on High-Quality Leads: Rather than trying to attract a vast audience, concentrate on high-quality leads who are likely to convert. Use your existing network, social media groups, and organic methods to find potential clients.
  4. Simple Sales Process: Use a streamlined sales process. We used a simple scheduling page for potential clients to book a call. During the call, we asked qualifying questions to ensure they were a good fit. This helped maintain a high conversion rate and reduced wasted time.
  5. Leverage Existing Data: Ask clients to provide access to their data (like CRM systems). Use this data to deliver results quickly and efficiently. For us, this meant analyzing their business processes and identifying quick wins that could double their revenue.
  6. Group Coaching Model: Instead of one-on-one coaching, offer group coaching sessions. This not only saves time but also creates a community where clients can learn from each other. We held weekly calls where clients could get their questions answered and receive tailored advice.
  7. Automate Delivery: Record common training sessions and make them available on a membership site. This reduces the need to repeat yourself and allows clients to access resources as needed.

Scaling Your Business

Once your initial system is in place and working, you can start to scale. Here’s how:

  1. Hire a Team: As your revenue grows, reinvest in your business by hiring a team to handle various aspects of client delivery and support. This allows you to focus on strategy and growth.
  2. Expand Your Offerings: Develop additional products or services that complement your main offer. These can be upsells or cross-sells that increase the lifetime value of each client.
  3. Refine Your Process: Continuously improve your sales and delivery processes. Test new methods and iterate based on what works best for your business.
  4. Monitor Expenses: Keep your expenses low while scaling. Many businesses let their expenses creep up alongside their income, which reduces profitability. Focus on maintaining a healthy profit margin as you grow.

Conclusion

Achieving $2000 a day on automation is entirely possible with the right strategy. By focusing on a high-value, specific offer and optimizing your sales and delivery processes, you can create a business that grows steadily with decreasing effort on your part. This approach not only makes it easier to hit your income goals but also allows for a sustainable, scalable business model.

Mike Killen

Mike is the world's #1 sales coach for marketing funnel builders. He helps funnel builders sell marketing funnels to their customers. He is the author of From Single To Scale; How single-person, small and micro-businesses can scale their business to profit. You can find him on Twitter @mike_killen.