The Seven Figure Agency Roadmap: How to Build a Million Dollar Digital Marketing Agency by Josh Nelson

Author:Josh Nelson [Nelson, Josh]
Language: eng
Format: epub
Publisher: Best Seller Publishing, LLC
Published: 2019-10-07T07:00:00+00:00

RECURRING REVENUE ONLY

In my initial business, which I talked about earlier, I would sell a website and I’d get 50 percent upfront: $500 today, then $500 once the website was done. There was also a fee of $50 a month, but it never really amounted to much.

Even if I sold seven clients one month, the next month I’d have to go out and sell seven brand new clients just to be at the same level.

On the other hand…

If you’re selling monthly recurring fees, and the number’s large enough, that’s where you get some significant momentum.

There are various ways to reach $1 million in annual revenue, including:

• One client that pays you $83,000 per month

• Eight or nine clients that pay you $10,000 a month

• 41 clients at $2,000 per month

• 83 clients at $1,000 per month

• 166 clients at $500 per month

• 830 clients at $100 per month

Now the reality is that there are not many businesses out there paying $83,000 a month unless you’re selling to very large companies. The $10,000 a month level is not entirely crazy, but you may not be able to build your business on them alone.

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.