Oct. 20, 2022

$8,333.99 | Ep.21

$8,333.99 | Ep.21

$8333.99 that’s what it takes to hit six figures. Yup, you do NOT need to make 5-figures a month to hit $100K!

So often we get so caught up in hitting the $10k month milestone, we lose sight of the big picture. This riff is inspired by a conversation with one of my clients who just celebrated a $9K month and now she’s on the trajectory to have a six figure Business. And you get to be next…

Ready to get a boost and finish your year strong? Apply for the incredible FREE Mastermind experience HERE

About the Host:

Theresa Lambert is an Online Business Strategy Coach with an impressive hotelier background in luxury Hospitality in the #1 Ski Resort in North America. She supports Female Coaches and Service based Entrepreneurs to get their first clients or scale to 6 figures and beyond through strategic, tangible, and practical support.  Her mission: To make Business EASY so your life can be more FULL.

In 2020 Theresa became the Bestselling Author of her book  Achieve with Grace: A guide to elegance and effectiveness in intense workplaces. She is also a Speaker and the Podcast co-host of Dissecting Success.

Theresa has been recognized as a business leader in Whistler’s Profiles of Excellence, and is being featured in publications such as Hotelier Magazine, Thrive Global and Authority Magazine.

https://www.theresalambertcoaching.com

Instagram: @theresalambertcoaching

YOU TUBE CHANNEL



Thanks for listening!

Thanks so much for listening to my podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page.

Do you have some feedback or questions about this episode? Leave a comment in the section below!

Subscribe to the podcast

If you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on Apple Podcasts or Stitcher. You can also subscribe in your favorite podcast app.

Leave us an Apple Podcasts review

Ratings and reviews from our listeners are extremely valuable to us and greatly appreciated. They help our podcast rank higher on Apple Podcasts, which exposes our show to more awesome listeners like you. If you have a minute, please leave an honest review on Apple Podcasts.

Transcript
Theresa Lambert:

I believe in divine timing. I believe that the right people information, wisdom, guidance, heck things arrive when we're ready for them. I believe that owning our own truth unconditionally is the path to not only creative fulfillment, but more about success and abundance. This is not only a podcast to help you get strategic and mastered a position of success. It's a declaration to share the truth. It's a commitment to keep going to make it happen no matter what. It's an activation and invitation for me for you and for us to play a bigger game. So my question for you is this. Do you really want it? Do you really want to make your dreams come true? Do you really want to become a six figure coach? Welcome to the diaries of a six figure coach podcast, I am your host, Theresa Lambert, and I dare you to get ready to show up, boss up and make it happen.

Theresa Lambert:

$8,333.99 $1,333.99 is all it takes to make every single month to hit six figures in your business. So many entrepreneurs get hung up with feeling that they need to hit five figures a month in order to hit six figures a year. It is not true. It is not true. And I wanted to come on and talk about that. Because I think that we get so hung up. To make that 10k In a month, we get so hung up on the five figure months that we sometimes forget to look at the big picture or to think about what it actually takes. So if you make an average of $8,333.99, you're already there. And this really sank in because I had a conversation with one of my clients. And we just celebrated that she is at a $9,000 month already. For the month of October. It is only October 14, this was a few days ago. So there's still an opportunity. And the beautiful thing about that is that not only is she sitting at $9,000 for the month, but the way she's building her business, the way we've been working on things is really, for her to have contracts retainers. And so this is actually locked in for multiple months already, which is super, super exciting. And I said to her, I was like This is amazing. Like, I'm so proud of you. And you know that at $9,000 a month, you You now have the trajectory to have a six figure business. And she was like no, am I? And I was like, yeah, yeah, you are. And this is when I remembered that it only takes $1,333.99 a month to be able to hit six figures. So I think we get so caught up sometimes for things to look a certain way for things to be a certain way that we we forget, we forget to step back and actually be like, oh, what does it take to get to six figures? What would I actually have to make and you know, reality is to that in your business in your coaching business in your you know, in your online business doesn't matter what you do, there's going to be fluctuations, there's going to be fluctuations, there's going to be months that are bigger, and there's going to be months that are lower. And I very much believe in a scalable business model, I believe in stalking your income, I believe in setting up a business model where you can ultimately work with things like payment plans, and retainer agreements, and, and all those subscriptions and all those beautiful things in order to be able to start building a base that goes out a few months at a time, which will help your nervous system sink down. But it also helps you to accumulate money faster or hit bigger months, right like you actually able to scale because once you have a base of $5,000 a month, or $10,000 a month or $15,000 a month, then if another client drops, and all that client drops in a painful, boom, right away, you might go from a $10,000 month to a $20,000 month, right. So it actually goes quicker. But the beauty of this is when we're slowly building when we're really having a strategy and an intention behind our business model that supports us in a way that makes us feel safe. And it makes us feel secure. So many incredible things are possible. And so I just wanted to come on and chat about this because I think sometimes we get so hung up on certain things like hitting five figures in a month. And we make it our everything. It's like if it's not five figures, then I'm failing. If it's not five figures, it's not working. If it's not five figures, I'm not there yet. And I wanted to bring this conversation in because I think it's a dangerous game that you're playing with yourself. Because a You're always so focused on this one piece at a time right hitting the 10k but you're really losing sight of the big picture. And you're so focused in on this one thing that it's like, okay, well, but then you might make $10,000 ones. And then not again and not again, not again.

Theresa Lambert:

So when we are looking at the bigger picture, when we're starting to understand that a, you don't even need to make five figures to have a six figure business that is one, a B, when we're looking at building our businesses in a way, that is a slow and steady growth in a way that allows us to build a base, it feels very different. It feels really different. And I can tell you that while I have been on this major life transition, while I have scaled scaling my business why why I'm setting up my business structure differently, why I'm bringing in a team, I have been focusing a lot on the behind the scenes, I've been focusing a lot on dismantling and rebuilding, revamping, rethinking new processes, new systems, new automation, new steps. And because of that, for sure, I have been not quite as consistent selling, I haven't been out there as much talking about my products and services, because I'm really getting everything ready to be able to scale to where I want to scale, which is multi six figures. So when we're scaling, and when we're implementing things, there is going to be the times where things a little bit slower. And there's gonna be times where we might take a step back from actively promoting and selling to be able to sort out what we need to sort out in order to be able to hit the ground running again, in a way that feels good. Because I was hitting capacity. I couldn't do it, I was dealing with personal things. I was in a huge life transition through going through separation and divorce and dismantling 16 years of my life. And the thing that I really appreciated throughout that was having my clients having a lot of my clients on payment plans, having money come in, regardless of knowing that there was at least a bit of cash coming in. No matter if I show up this month, no matter if I'm selling this month, no matter if I'm able to be out there and drumming up business and getting in leads. I knew money was coming in. And that feels really good. That feels really good. And I also reminded myself that I don't need to hit five figures every month, just still be at my six figures, and I'm there anyways. But it was just a good thing to remember, a really good thing to remember. And we're about to go into the final quarter of the year we're about to go into like the final sprint, we're in queue for already. This is always I find a big time of the year like I generally have a lot of sales. And so for right now for me, I am prepping, I'm making sure things are ready to go for Black Friday sales. What am I offering, I have created some incredible programs like content one on one and trouba TV that no one has seen other than my private clients or my co club clients I've launched. I've not launched these programs yet. So they are going to come out. And I'm so so excited about them to have these evergreen products, which I haven't really had in that sense. And I'm excited for them to come out. But I've been getting them ready. I've been recording them I've been building, I've been setting them up. And now we're building the final pieces so that we can hit the ground running. And it's the same thing with the strategic mastermind coming back. I'm revamping it a little bit, it's probably going to be ongoing enrollment, which I'm really, really excited about. And I'm thinking about offering different experiences to my clients about coming into my world. So while I am doing all that things have sort of been at times feeling like they're slow, but yet they're not right, because we're adjusting we're saving. So I am getting ready right now for q4 thing ready to really hit the ground running while I am traveling. While I'm going to be going from Argentina, to Buenos Aires to Buenos Aires I'm Buenos Aires from Buenos Aires to Costa Rica, actually, I'm going to have a stop in between, you're gonna have to keep watching or keep following me at Theresa Lambert coaching on Instagram to find out where I'm going to stop for a little bit in between, but I'm off to Costa Rica, I'm going back to the femoral trade, which I'm super excited about which is also going to be epic. I'm going to spend a month in the jungle at the beach. And then it looks like I might be heading off to Spain a little bit to spend Christmas with my family. And then after that I'm not sure yet. So I'm traveling I'm doing things I'm going in different timezone. So for me, this is a time to get things ready. This is a time to get things ready. And this is also the time to consciously remind myself that getting ready and taking this extra time right now to really be able to hit the ground running these last two months of the year is so essential, so essential. And so I'm bringing these new experience I'm doing these new things, while also being able to support my clients to do the same and getting them into this position where they're actually starting to realize shit. I am on the trajectory to have a six figure business which is so so cool. So $8,333.99 is all it takes to hit six figures. All it takes to hit six figures. How do you feel when I say that? out what comes up? Do

Theresa Lambert:

you feel relief? Do your shoulders relaxed that you're like, oh my god, that's so much easier. And you're like, wow, I can actually do that. Imagine by the end of the year, imagine by December, you actually had $9,000. On the books in your business. Imagine you knew how to get to a place where you had $9,000 coming in consistently? How would that feel? Would that be epic? Would that be amazing? I think it would. And you know what, I'm having a really cool experience. And I'm inviting you into it, I'm doing something that I've not done before in this format. I have run a lot of free master classes and, and I've run a lot of free events and multiday things. But I've never offered a free high touch high level container. And I've decided to offer 10 entrepreneurs the opportunity to spend 10 days with me diving into their business, looking at where you might have bottlenecks, why you're stuck at your current income level, what's working, what's not working, and then help you create a plan. So you can hit the ground running. So you can have an epic December and started a new year. So you can get to the $1,303.99 Or heck 15 or 20 or $30,000 months that you want to get to, and you have a plan in place that feels good. So this is a 10 day mastermind experience, it's by application only, there will only be 10 spots, and you have until November 11 to apply. So November 11, is the deadline, the actual mastermind is gonna run between the 21st and the 30. Of so if you want any, there's a link in the show notes. And you can apply. And I really encourage you to apply. And I will be looking at all the applications and figuring out who is a great fit for this who wants to come in. But it's an opportunity, it's an opportunity for you to hit the ground running, it's an opportunity for you to figure out where you might be stuck, it's an opportunity for you to shift your perspective and look at your business differently and have my eyes on your business and a high level high touch experience that usually, if you're in a strategic mastermind, you'd be looking at $1,000 a month. So this is an incredible, incredible opportunity, we'll be having an incredible mastermind call to kick it off. And then we'll literally be playing together for 10 days, for 10 days. I am so so excited. Because this really excites me helping entrepreneurs scale their businesses is what I do. This is what I live for having these moments with clients where I'm like you realize at that income level, you'll be on the trajectory with six figures, and then being like, a lot having that moment. This is the moments that I will always remember, these are the things that are incredible. And I think that so often again, we get so stuck on something. And the reason the reason or the way I should say the way to get unstuck from that is really to change your perspective to look at it differently, or to have somebody else come in and help you gain perspective that you need. So you can adjust your lens, see it differently, and then take new actions that lead to new results that lead to something that you really want. So I am so so excited, I can't wait to hear what comes out from this episode for you, I can't wait to hear how you feel about the fact that you need to not need to make $10,000 a month to be able to hit six figures a year. Imagine that. That means you also need to make less than $20,000, you only need to make roughly $16,000 16,666 Probably and 99 cents to hit $200,000 in your business. Isn't that incredible? Think about this, we get so stuck on the monthly thing we get so stuck on that. Look at the big picture, look at what's opening up, start to realize that you're so much closer than you think. And notice what happens and I cannot wait to meet some of you to read some of your applications and to welcome you into my world and to play with you for 10 days. So we can literally launch you into your next level, while also making sure that the way we build the strategy, the way we talk about what you're going to do and the plan is going to leave the freedom to play. And with that being said, I am literally out of the door. Now I am off to meet a friend for coffee at five in the afternoon. This is what we do here in Argentina. One is IRAs, and then I'm meeting another friend for dinner. I cannot wait. I love you all so much. And I cannot wait to be back next week. Take care