Hey Super Affiliates Have You Worked Out Your Break Free Point
Invariably we all end up trading our time for money it is how the world works, it has been that way for a long time. The internet is providing so many opportunities for folks to create some different outcomes and currently there is a massive transfer of wealth happening worldwide.
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Just by living we all take on responsibilities and commitments, and they all have costs associated with them, we need to earn enough money to meet our outgoings at that point we have reached our " living break-even point ". It will be different for all of us depending on circumstances and the environment in which we live.
Costs = net income = your living break even point.
A simple equation, at this point our costs are covered so although there is not a lot a lot of slack in the system we can survive, with a little extra work we can add some cream to the recipe.It is always good to have this baseline on our radar, figures and numbers can paint a vivid picture, they can provide the motivation to take action or to increase the workload to attain the outcomes that we desire.
So if we have that " living break even " in focus and we are promoting an offer, product or program then it is relatively easy to work out how many conversions or sales we need to make in order to reach that point.
Living Break EvenDivided by/ Commissions or Net Sales = Number of Conversions or Sales Needed to Be on a Level Pegging.
It is a simple process but one that can be very empowering.
Try it you may be surprised at the results......... I know that it doesn't take as many as you may think, it is one of those things that you will not know until you do it.
Sharpen your pencil and get out the calculator.
With the Super Wealthy Affiliate Project, folks are striving to reach premium 300 referrals and along with the sense of achievement ( which will be priceless ), the income derived from doing so, there will be the opportunity of being invited to attend a conference of super affiliates in Las Vegas.
https://my.wealthyaffiliate.co...
That is something to aspire to and it is achievable. On that journey, there will be so many milestones, along the way.One of those miles stones would be striving to meet that sweet point where we are actually meeting the costs of living.In theory at this point, it would be possible to do online marketing full time.
In effect you have brought your time back, you are no longer indentured to the economy, your time becomes your own once more. The strikingly important thing about this is that it becomes easier to scale your online activities. More time more results and outcomes, growth becomes exponential.
So all around it offers the chance for real freedom results breed results it is as simple as that.
It all starts with calculating how many sales and conversions you need to reach the launching pad. perhaps a simplistic view but one that actually works. one of the reasons that it works is that it is in our frame of reference always
So do some sums, stick the results on your fridge door, the dashboard of your car, and anywhere else you can think of to keep it firmly center stage, look at it when you wake and before you go to bed, even tattoo it on your forehead so the folks you know know what the score is, the last one is a bit OTT, just making a point. Having said that it is good to take the folks surrounding you on the journey with you, at times they can be your harshest critics, but also your biggest supporters.
The ultimate goal is creating change, the kind of change where you can start engineering your lifestyle outcomes just the way that you want them to be.
Happy days
Do the sums and do it today, work out your break free point.
How many sales or conversions is it going to take you to create your freedom?
Alex Evans.
Recent Comments
67
Thanks Alex, your post is very useful for me. I need to work out my break free point.
Christine
Hi Christine, it is a detail that we can overlook, working out your break free point as a process can be so empowering it gives us something to focus on as we work towards our goals.
Each step adds to our self-belief, all the best to you for the year ahead.
Thanks Alex. You’re absolutely right and definitely an area I need to work on - knowing my numbers. It all goes toward taking this seriously and creating a business, doesn’t it?!
As ever - always insightful and valuable. Thank you!
Hi, Gary looking at the figures can seem like boring number crunching and unproductive activities, they are the engine room for business endeavors, not the be all and end, they can help provide real focus.
Thank you for reading and for your kind words and best wishes for the coming year.
Hi, Wayne, you are most welcome hope that you find it useful and all the best for the coming year.
Your posts always add an incredible amount of value, Alex. Even if you're not in the Super Affiliate group, or in any mentoring group for that matter, we all need to run these numbers so we have a clear goal to strive for.
All the best,
Sue
Well said Sue, the online industry is a numbers game, on the one side we are all trying to create engagement, getting our content in front of a sympathetic and accepting audience on the other side we are looking for those folks to click on that buy now button or that link, it is how we get paid at the end of the day. running the figures is one way to put us in the driver's seat and at the end of the day let us eat our cake too.
Thank you for reading and I hope that 2018 is shaping up to be your best year yet.
Well said yourself, my friend. Yes, 2018 really is shaping up to be my most beneficial year ever. I've never learned as much as I have even in this first month of the new year. I wish the same for you, Alex. I'll take that cake, thank you! ;)
Sue
Awesome, Sue, there is some high octane energy floating around the corridors of WA exciting times for sure.
Great blog, Alex. I also find it so important to have that number, that goal, visible and apparent for me everyday. It's impossible to arrive at a destination without even knowing where it is.
Well said Wilson, it is good to have those goals firmly in our sights, it gives us a point to work from and to measure progress, thank you for sharing.
Nice post, I'm figuring around 217 conversions will meet my goals even if it doesn't get me to Vegas. - Shirley
Hi Shirley, thank you for chiming in, going through the process can bring value, in that we know the goal that we are heading towards. For all those that are in the super affiliate project, it can be about reaching goals along the way, the more results that are obtained the more momentum is created. all the best for the coming year Shirley.
Hi, Robert good to see you how is the journey flowing.glad that you found the article interesting. All the best.
I love your common sense approach to working out goals. I'm going to save this article, thank you!
Hi, Ivy, it can be about building incomes and when working out how much is needed there are some basic considerations that we need to take on board. Glad that you will find the post useful.
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Nice insight......one of our first successes IS to break even....NOW to get ahead!
Hi Rosie, on the road to success, it can be one of the milestones that can really add momentum to the journey, I will take your lead on that one, time to get ahead all the best for the coming year.
With you 100% on that one!
It is going to be an interesting journey.