100 things to succeed with your funnel business

1. Know what you want

2. Make sure they know what you want

3. Don’t fear judgement, vulnerability, failure or ridicule or for what you want

4. Have the courage to be disliked

5. Pick a clear customer to go after

6. If there aren’t lots of groups, books or communities serving that market, it means there isn’t a market. Pick another customer

7. Make sure your customers can afford you

8. Make sure they can afford to implement your advice

9. Make sure you can get them results

10. Make sure you like them – like actually like them

11. Make sure you like working with that industry

12. Make sure they refer and have communities of clients themselves

13. Spend more time qualifying people than selling to them

14. Get leads and customers to jump through hoops

15. Forget building lots of products and offers and communities

16. Focus on one killer offer that converts

17. Figure out the currency that your clients want

18. Currency is like clients for coaches or listings for agents

19. Figure out what number should go up or down to improve their business

20. Success is down to luck and other people 

21. Failure is 100% your responsibility 

22. The first rule of selling marketing funnels is: don’t talk about marketing funnels

23. The world is full of “thinkers” and hypothetical experts who have studied the theory and technique – ignore them

24. Be a “doer” and use your own experience

25. Success will depend on what you say NO to, not what you say YES to

26. Spend more time thinking about what the result should be

27. Spend less time thinking about what the method should be

28. What’s the #1 metric that your business categorically needs to prove it’s working?

29. Be specific with that metric – not just “sales”

30. Use a time and measurement, does it go up or down?

31. Which dashboard would you look to to see if that number is getting better?

32. What’s the #1 thing you want to improve for customers? That you would bank your success on?

33. What dashboard do THEY look at, to prove they’re getting more of what they want

34. What is that number specifically, how does it go up or down and in what timeframe?

35. If you hire someone, how would THEY know that they’re being successful without checking in with you?

36. What’s the #1 thing that you should be spending 100% of your time doing?

37. Keep a stop list of everything you do that ISN’T that #1 activity

38. Hire using that stop list as a job description

39. What are the key measurable objective metrics that that person is responsible for?

40. How will they know they’ve improved them?

41. Spend Monday and Thursday doing your work – no one else’s

42. If you can’t get your client work done in 2 days, raise your prices and work with fewer people

43. Also reduce the expectations and deliverables

44. Take Fridays off

45. What is the absolute biggest core problem that you have in the business right now, that if you solved, would make all your other problems easier, disappear or irrelevant?

46. THE only pitch you need is helping X type of people get Y results in Z time (without X headache)

47. To upsell them or convert them again, offer to get that same result faster and easier

48. Hiring 1 rockstar team member will be worth 10 mediocre team members

49. If someone isn’t going to work out, let them know sooner rather than later

50. A good test of this is if you find yourself complaining about someone you hired to your partner, friend, wife, husband etc.

51. Recurring revenue is the goal – get more of that and the rest takes care of itself

52. As painful as it sounds, your job as the business owner is NOT to deliver results or work to clients, its to grow the business

53. Outsource admin and finance activities first

54. Outsource delivery and operations second

55. Outsource sales and marketing third

56. Outsource management and leadership last

57. You’re the director – you job is NOT making the film, it’s hiring the best possible actors for the film

58. You must build a business that runs without you

59. Your job is to make yourself redundant 

60. Your goal is to be the least valuable member of your own company

61. Your business is divided into 3 categories

62. Finance and admin

63. Operations and delivery

64. Sales and marketing

65. Work hard enough until you’re lucky

66. Don’t take random calls with people – forget “chats” and networking

67. Care less. You have a choice with what you care about

68. Entrepreneurs don’t starve to death, they drown. 

69. There are ALWAYS more opportunities out there. The trick is sticking to one and seeing it through

70. Don’t buy apps because they’re cheap or on lifetime deals

71. No one ever made $150,000 by saving $100

72. As a business owner, you shouldn’t be on ANY of the tools

73. Limit the number of tools you use and use your TEAM to become the app experts

74. If a 95% discount is going to make or break your business, then your product isn’t profitable enough

75. Just because something is discounted or cheap doesn’t mean it’s making you profitable

76. Focus on making more money, not saving small amounts of money

77. If there’s a cheap version of something, there’s a free version – stick with the free version until you can afford the premium version

78. Spending time switching between apps is a waste of time, both day to day and “shiny object” to shiny object

79. Hire people and ask them what apps they want to use – get them to train themselves and others

80. 30% of anyone you hire’s job should be documentation

81. Get them to write the processes and SOPs for their own work and keep it somewhere

82. At most, use Loom to record what you do – your job is NOT to write processes

83. Any time you add an item to your stop list, hit record on Loom and just record it – do not try to create training content

84. You only run a business when 2 things happen

85. 1. You can take time away from the business, weeks at a time, and work still gets delivered to the client

86. 2. You make money, sales and generate income if you take time away from the business

87. People don’t buy products, they buy a better version of their life

88. You categorically do not need to be “everywhere at once” and all over social media

89. That entire premise is sold to you by people with a product or service to DO just that

90. To get to $100,000+ a year, focus on one channel/method and use that

91. Solve one problem for one customer type, with one product and through one sales method with one traffic source

92. Launch it now because you’ll want to change it later anyway

93. 99% almost done but not published ISN’T done

94. 60% kind of done and published IS done

95. Publish it now because you’ll want to change it anyway

96. Commit to the result until you get the result

97. Most people quit before they get to the hard part

98. Everyone else’s job is to keep score – your job is to decide how long to play for

99. There is NO app that will suddenly change your life and make your business skyrocket – don’t believe any of the hype

100. Ignore 99 of these points and pick one that you want to embrace

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.