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- The 3 Levels of Making Money
The 3 Levels of Making Money
There are three levels of making money:
Job - pure time for money transaction. For example: let’s say you’re a cashier, you make $10 per hour. Just show up and work, you get paid a set fee.
Career - income is dependent on both your performance and your time. For example: a salesperson who takes 10% on each deal they close (but taking sales calls requires their time).
Business - income is based completely on performance and completely detached from your time. For example: your team runs ads for your clients, who compensate you based on the performance of your ads
Many people start a business for the sole reason of getting their time back. They don’t want someone to have control over their time.
The problem is, that most agency owners operate like a glorified job rather than a business. They take their fixed monthly retainer, run ads for their clients, but fail to scale without unlocking their time.
This is NOT a real business. Last month, I took 2 full weeks off. No slack, no emails, no work whatsoever. And my business GREW during that period.
That’s because my business is NOT dependent on my time.
There are a limited number of hours in the day and if you fail to unlock your time from your money, you’ll never be able to truly hit big numbers.
The best way to start is by having a performance based business model. Pay Per Close is based strictly off performance.
The better the results you get for your clients, the more you get paid. You don’t have to bring in more clients, take more sales calls, or hire a larger team, you just need to provide a better service.
Not only is this a real business, but it’s also the future of the agency space. The retainer model is dying fast as Pay Per Close agencies are taking over.
>>If you want to avoid getting left in the dust, then you need to adopt a Pay Per Close model today.
Nathan