The Stages of Success

byWellbeing38

1.3K followers

4 years ago

My friends, a suggested strategy that will give you a little more certainty, a little more comfort, as you head towards becoming an entrepreneur. This is something you can do yourself. Something that will inspire and motivate progress. Something that will make the journey easier.

Below is the map of your entire journey to success, abundance and freedom, marked out in stages. The journey doesn’t always flow in exactly the same way, but it does follow this general direction.

The 4 stages of success.

Stage I: The SoldieR

This is the stage when you first get introduced to WA. You like the idea. You’re inspired to know more, so you start to educate yourself on the subject. At this stage, you’ll probably learn as you hold down a full time or part time job somewhere, to pay the bills.

If you’re a soldier:

You’ll make very little or no income from your online business.Your numbers will be well below 10,000 a year. You’ll have another job. You spend a lot of time observing what other people are doing. You’re not sure about your next step. You spend way too much time on social media, commenting on or reading other people’s posts. You feel awkward when you’re posting, and you feel downright uncomfortable.

If you’re a soldier, you should:

Write content as much as you can even if you have to do it for free. Money isn’t the focus at this stage. It’s about gaining experience. Learn blogging methodologies. Talk about your experiences with others. Test and explore your methods with friends, colleagues and family members. Focus on building confidence in yourself and in your ability to make an irresistible offer to people you meet. Start going to events you know your clients will love so you can meet them, connect with them and get to know them.

Stage II The Knight/Dame

At Stage II, you’re starting to feel confident as an entrepreneur , and you even have a few clients. If you’re a Knight/Dame: You have have some income coming in from your websites– between 10,000 and 50,000 a year. You are building contacts. You have started thinking about creating further websites. You’re still overwhelmed by how much you have to do to grow your business. If you’re a Knight/Dame, you should:

Start creating your business plan. Find ways to get comfortable with rejection. Look for the yes’s, between the no’s.

Stage III: Prince/Princesses

At this stage, your client list has grown, exponentially. You’ve gained traction, and you’re successful. But this is also the stage where you’ll start to feel stuck. If you’re a Prince/Princess:

You’ve had your own business for 2 to 5 years. Your income is great- around the 200,000 mark per year. You have a ton of contacts. You’re working way too hard. You catch yourself wondering, how you’re ever going to grow with so much on my plate. You start to value time more than money

If you’re a Prince/Princess you should:

Pay very close attention to your pricing. Price is paramount right now. Consider increasing your prices by 10%, 20% or 30%. Hire others to help with the sales process so you can have more time and energy. Hire a coach who can support you at this stage. Start improving your online presence as you create online programs. Think about writing a book to increase your credibility as an authority in your area of expertise

Stage IV: King/Queen

The fourth and final state is when you get to experience more stability in your business. You are looking to make a bigger impact and increase your reach. You want to be part of high-level masterminds and find a community of kindred spirits who understand you, your challenges and your vision.

If you’re a King/Queen:

You’re hitting 500,000 to 1,000,000 or more per year. You have a solid online presence. You are selling digital programs, and books. You may even have some others who are part of your team. You have a sales team. You want to know what’s next. You are often frustrated with your pace of growth, and team issues take up most of your time.

If you’re a King/Queen you should:

Focus on improving your management and leadership skills. Put together systems and processes to optimize performance. Create more channels to promote yourself, your products and services. Upgrade your website. At this stage, your website is your calling card. Recreate your vision. Make it bigger and more exciting. Something that will pull you forward. rGet a coach who can help you scale and who understands your work and your unique situation

Keep in mind that hyper-growth at this stage can kill your business.