Aleksander Vitkin Podcast

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Tim is a member of our mastermind “The Daily Business Hustle” and he just had his most successful year in business.

Tim did not have any prior experience in business. It’s difficult to guide yourself and that is why it is very helpful when you are a part of a mastermind. There are so many instructors and other members in the mastermind who are always willing to help you when you face a problem.

They have already faced the problems that you face right now and know how to solve these issues. Tim was constantly implementing all the advice and valuable knowledge that the instructors provide.

Sometimes it just takes a little bit of time to get results in business. But, you should not get yourself down. Instead you should keep trying until you get some initial results. After that it would get easier and your business will start growing exponentially.

Tim was able to close a very big client, which was a huge boost of motivation for him. Tim believed in himself and continued to keep working hard to grow his business. That fact that this big company chose Tim instead of his competitors gave Tim the confidence to keep it up. He did everything he could do to make them satisfied with his work.

Furthermore, getting confirmation from them made him more confident when he approaches other companies when he is doing sales. That huge sale was like a snowball effect. Other clients started coming in to Tim. After a while Tim made his first $20K month in business.

You just have to keep putting in the hard work and keep implementing even though you are not getting results. Make sure that you have people around you who can show you the right path in business. They have to point you to the right direction and as a result you will avoid doing the same mistakes over and over again.

Analyze and see what you are doing wrong and right. Then, keep working on the things that bring you results. If you keep working hard and smart, you will eventually get results.

The most important skill that Tim acquired from the mastermind is how to make sales. Moreover, he learnt how to talk to people and build relationships and trust. He was able to put all that together into a working sales process.

What is more, Tim learnt how create a lead generation process that brings him enough leads to get proficient at sales.

Another super important aspect in business is delivery. Make sure that your client knows that you want to provide a really good service. That makes a huge difference. Show to your clients that you truly value them and they will appreciate that they chose to work with you.

Over deliver, make them happy and you will get a great number of referrals and video testimonials.

The combination of having a really good lead generation process, being great at sales and being able to deliver awesome work to your clients is the core of a successful business.

Once you have that proof, testimonials, happy clients, getting new sales becomes easier.

Join our growing entrepreneur community on Facebook: https://www.facebook.com/groups/139597470073188/

Got any questions? Ask me on Facebook:

https://www.facebook.com/AleksanderVitkinPage/

Check out my free business training: http://www.vitkin.net

Today, you are going to learn how to become more effective as an entrepreneur and as a business owner.

Entrepreneurship is the #1 way to influence the world in a positive way. I decided to go into entrepreneurship because, at a certain point I realized that I want to help more and more people achieve the same thing that I have achieved.

Many people work hard, but only a few become really successful. That’s because smart work is what makes the difference. Being smart is about making smart choices. It’s about making the right decision, the right step or the right choice.

Try to be smart in making your choices in life and work hard towards fulfilling your dreams!

When I work smart, I am able to work more efficiently and my business grows faster and as a result more people get more value out of my business. I am better able to make a positive change on the world. You cannot sell something unless the other person knows that he will get more value out of the transaction than he would by keeping the money.

The more value you create, the more you add to people’s lives and the better the world becomes. This is an upward positive spiral of success.

Some people want to start a business, but they don’t want the reason. They don’t understand what it takes to build a real business and how to develop their passion. They have to discover what it is like to learn a new skill. They have no idea how much effort is needed to get up the hill and that there will be many downfalls in business.

Even though you are failing over and over again, you might not get the success that you expected. Despite that you have to keep going. That is what it takes to become an entrepreneur.

The strong believes come from really hard work and seeing that the positive influence on the world is possible even when it does not feel good and even when you have to work harder than you used to. After you see the failures and successes, you will understand how important the strong believes are to succeed in business. You cannot just get them, you develop them and this is part of the process.

Nowadays, there are so many people on social media showing us a very luxurious life with lamborghini and you can be a part of that in a very miniscule way. In fact, the real world is completely different. You do not see the hard work that is hiding behind the scenes. You don’t see the years and years of grueling failures and mistakes that they have made along the way.

They worked so hard that we cannot even imagine what they went though. People who are successful in business life, work, or a profession typically go through hell before they can reap the rewards of success.

You only see that small part of their lives when they have some time to take a cool picture. You are just a spectator fueling their social media with likes and engagements.

Don’t be a spectator anymore. Take your life in hands, take action and start a real business. If you want to be successful in the long run, you have to put long hours into work.

There are so many business models that you may be interested in and that is what you should be doing. The #1 thing that you have to take into consideration is what does the market wants and not what you are passionate about.

Join our growing entrepreneur community on Facebook: https://www.facebook.com/groups/139597470073188/

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Check out my free business training: http://www.vitkin.net

Dominique is a member of our mastermind “Daily Business Hustle” and he is achieving great success so far.

Before he joined the mastermind, Dominique was freelancing here and there, but with very low success and not enough money to live on. What is more, he earned almost no money in the first few months. He was working for $5 an hour. Dominique had a developer background and was applying mainly for web developer jobs on Upwork.

Most people think that freelancers on Upwork make $5 per hour and they think that’s normal. However, the truth is that you can run a 6 – figure business with no portfolio and not even doing the work yourself.

After half a year Dominique was making $15 per hour which led him to $2K - $3K per month. He was getting invitations in Upwork. The jobs were with very long requirements for very little amount of money and he knew that this does not make sense for him. His clients had no idea how much work he has to put in to deliver what they want. He had to reject so many offers.

3 months ago Dominique decided to join the Daily Business Hustle mastermind and that changed his whole mindset completely. He learn so many valuable things from the mastermind like sales, how to organize his project, how to speak with clients, how to set clear expectation and so on.

Dominique made the switch from being a freelancer to a business owner. He went from making $2K - $3K per month to making $10K in his first month of his participation in the mastermind. After a few months he made $16K in a single month.

He does not want to do all the work himself, because that distracts him from the more important parts of his business. He is now focused on other processes in his business like sales, project management and lead generation. Dominique wants to automate his business as much as possible and that is why he is hiring people from all over the world and outsourcing the work to them. He tries to do no development at all. Right now, he is doing around 10% to 20% of the work. The other part of the work is done by his team.

It took Dominique a lot of time to find the right people to work with. But, the fact that he invested that time in this process turned out to be very important. Now, he has the right people who he can rely on and work for a long period of time.

Dominique and his team are looking for ways to standardize the offer, so that it is easier for his team to deliver the work and to speed up the delivery process.

The next step in Dominic’s business would be to hire a project manager. He wants a person who can talk to his clients, organize the projects and communicate correctly with the developers.

Dominique was in a very bad mood while being in his 9 to 5 job. He wanted more freedom and to travel the world.

As a freelancer Dominique did not know how to organized his day, how to set client expectations and how to get new clients. As a result, his day was not structured at all. His income was very unstable. Sometimes he had too much worked with a possibility of getting burned out. And sometimes he had no work at all.

Got any questions? Ask me on Facebook:

http://www.facebook.com/aleksander.vitkin

Check out my free business training: http://www.vitkin.net

The internet is without any doubt the most important breakthrough in the field of technology and communication in the twentieth century. The impact of the internet on the evolution of marketing is very big. It has changed the way we communicate, we seek information and we do business.

The world is now in the digital space. We have reached a time where there are millions of active users who are logged in to social media every day. Technology and the market were always linked to each other. Today when most of the potential consumers are online every day and companies are doing their best to reaching them there. They are constantly running a variety of marketing campaigns to target them.

The early stages of internet marketing in the late 90s was completely different than what it is now. The marketing choices local businesses had to make were very limited and straightforward. There were people clicking on banner ads and as a result they were getting affiliate commissions. People were installing clicking bots and leave them all night to earn money.

In the beginning of 21st century people started posting stuff on eBay. They started doing make money online businesses. Moreover, the info marketing products started coming into action.

After 2005 there was a huge boom of the eCommerce stores. They are extremely popular nowadays as well. People use SEO, Google and Facebook ads to market their stores everywhere. Everyone can build his own online store from the comfort of his home and sell to people all around the world.

There were a lot of scammers in the early stages of Internet marketing evolution. They were trying to scam people with the “Think and Grow Rich” and “It’s All About Mindset” stuff. That went away with the time.

After 2007 many people started running real businesses based on science and data. They started applying scientific advertising for Internet. People started to realize that what really works is science.

The real money is made with marketing based on science.

All scammy old – fashioned marketing like clicking on ads and rely on your luck is being replaced by real marketing campaigns, tracking data and results, Facebook pixels and so on.

All non – trackable stuff is going out the window and now it is being replaced with science. Actual Internet marketers and gurus start talking about this more and more.

Right now you can reach other people on the other side of the planet with just a few clients. As a result people can get new clients from all around the world. People invent better and better marketing campaigns to catch user’s attention on social media.

That is a very brief summary of the evolution of Internet marketing.

Got any questions? Ask me on Facebook:

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Check out my free business training: http://www.vitkin.net

Today, you are going to find out how to decrease your stress level while running a business and how to double your revenue at the same time.

Stress and anxiety result when we feel we can’t handle the pressures and adverse situations of everyday life. The best way to deal with stress is to track your stress level every day. You can do that by using a stress tracker.

Most entrepreneurs and business owners have very high stress level, because they have to think constantly about so many things that happen in their business. Any situation, that makes our stress level go up, demands a lot from us, so we would be wise to learn some basic ways to respond to stressful situations that cannot be avoided.

Your health as an entrepreneur is super important. It’s not only about how many sales you can make or how much money you make, but also about how long will you be able to keep doing it and how much can you contribute to the world by staying healthy.

Actually, it’s not about stress prevention, it’s about how to recover from stress. You have to increase your recovery speed to such a degree where your stress goes away instantly.

Here are a few tips on how to decrease your stress level.

1 – Sleep 8 hours per day. Go to bed and wake up at the same time. Be consistent.

2 - Exercise is one of the best ways to ease stress and anxiety. Higher intensity cardio is great for stress reduction because your body releases endorphin and that boost your energy and mood. Interval training helps relieve stress by allowing you to work at higher intensities for shorter periods of time.

3 – Another great way to decrease stress is meditation. Just stare at a wall and concentrate on your breathing. Meditation is a simple technique that, if practiced for as few as 10 minutes each day, can help you control stress, decrease anxiety, improve health, and achieve a greater capacity for relaxation. After a while you will develop a skill that can control your own stress.

We train our minds and increase our mental resources. Then, when stressful situations arise, our training will have provided us with the skills we need to work with our emotions.

Don’t add all these activities in your daily routine instantly. It takes a while to add so many things in your life. Some people try to do everything in their entire day and at the end of the day, they are completely exhausted.

You have to live your life while slowly adding on the habits, stability and growth in your life.

When you understand that it is better to work on yourself and your business than to go to a party 3-4 times a week, that is when your life actually starts improving.

Your life is going to improve, you will get in better shape, eat healthier. You will be able to get more work done in less time. You will have your business under control and you will feel that you can grow your business.

Got any questions? Ask me on Facebook:

http://www.facebook.com/aleksander.vitkin

Check out my free business training: http://www.vitkin.net

You are going to find out how to make friends on the Internet. You can never have enough friends, be it online or in real life. By using online social media tools like Facebook, and making smart choices about what type of information you put on your profile, as well as how you communicate with your online presence and which Facebook groups to join, you can create a large network of old and new online friends.

Have you ever been part of one of those big Facebook groups, and thought “Wow. It would be great if I can create something like this myself.”

There are a lot of Facebook and mastermind groups where you can find people with the same interests like you.

Many people join Facebook groups and masterminds, but they rarely talk to other people, because they are afraid of making the wrong first impression.

The old fashioned way of thinking about making new friends is that first impression is the most important and that is what people are going to think about you forever. That is completely not true in the online space. If you are dealing with people who are actually doing stuff in their lives, then no such issues occur that much.

You get a certain reputation when you say something, but it tends to go away after a while if you provide enough value. If you keep providing value and helping people, it does not really matter what your first impression was.

People are constantly asking questions in Facebook and mastermind groups. Some of them do not get any response, because there is so much to in our lives and everyone is super busy. It’s helpful if members like yourself are commenting in the groups and helping other members. It’s better to have people who are pillars of the community and keeping the community alive. You will be a very valued member of the community.

Add a very valuable response and try to solve someone’s problem once or twice a day. People are going to recognize you and treat you like a valued member of the community. That is how you make friends on the Internet.

People tend to participate when they need something. If you participate in conversions only when you need something, you are going to make yourself very unpopular and you will build a bad name for you.

You have to build a social capital over a period of time before you ask for stuff. You are using up social capital when you ask for stuff and you are building up social capital when you are adding value.

Just running a group does not really mean anything. Your job as a Facebook group owner is to provide value to other members. It’s how much value you provide and how much change you create in people’s lives. Anything other than that is useless to them and they will treat it as such.

Got any questions? Ask me on Facebook:

http://www.facebook.com/aleksander.vitkin

Check out my free business training: http://www.vitkin.net

Today, you are going to learn how you can build a new business based on what you have learnt from your clients. Vlad, who is very good at learning from his clients and developing new business models, is our guest today.

You have to be good at the service that you deliver. Being good at something brings more confidence in you and once you are confident enough that you could invest some money in a similar business model, then you can go ahead and do it.

The members in our mastermind Daily Business Hustle start with service businesses. That’s because they can work with many businesses and learn very valuable things from them. They can learn their business models from the inside out. You can learn how they run their businesses.

Once you have a good stream of cash flow coming in from your service business, you have to invest right away. You cannot expect your business growth to be always positive. There are fluctuations in every business and your job as a business owner is to predict them. Investing money into something valuable for your business is the thing that can prevent your business from going down.

You have to take advantage of the period when your business was on an upwards spiral of success. That is the time when you have to invest in your business or invest in another business.

Right now, Vlad has a very good time in his service business and is investing more money into a second product business. His goal is to make his second business reach the 6 – figure mark.

The product-as-a-service business model is gaining popularity as companies look to establish lucrative subscription-based product lines. Sometimes founders realize that they’re essentially solving the same problem over and over again for their customers and decide to capitalize on that demand by creating a product solution.

Running a product business is more scalable than service business. There are a lot of things you need to take into consideration when running a service business like contracts, high quality clients. You have to hire the right people and have a really good project manager.

Once you have a market that is big enough and you have a product that is scalable, then you can be a lot more successful than with your service business.

You can learn successful and profitable business processes, if you are doing the delivery of product based company. Then, after you see what works and what does not, you can start your own product company. This is not stealing the business model. This is learning the market.

If you play with the big boys, you get treated like a big boy. Product businesses are superior if you have the cash to play with and the willingness to take risks.

As soon as you earn enough money from your business, you should dedicate it to invest in another business model. It’s possible to lose this money, but if you do it in a proper way and you can make the second business profitable as well. This second business will make you feel more secure and stay safe. There are always going to be fluctuations in your businesses and if something happens with one of your business, this won’t be a disaster, because you have a second business.

Got any questions? Ask me on Facebook:

http://www.facebook.com/aleksander.vitkin

Check out my free business training: http://www.vitkin.net

You may have friends who always complain about something that is happening in their lives. They always complain that they cannot afford taxis, cannot afford to go to the best doctor and complain about anything in life. Moreover, they refuse to take control of their lives and think like a victim.

You can choose who to listen to and the people who surround yourself with. You can choose to have better friends. You have the ability to change your life and do what you want to do and live the life that you want to live.

It is not about how smart you are. There are many people who are a lot smarter than me, but a lot less successful as well.

Running an online business while traveling all around the world and enjoying life every single day might sound like a dream come true for some of you. Not anymore.

You can get a lot more done online than ever before. You can live on an isolated island with no access to anything, besides Internet, and build a million dollar business. You can automate and scale your business by outsourcing work to freelancers all around the world. The possibilities are really limitless.

It’s possible to work from anywhere while still being able to connect with clients and team members across the globe. The Internet is providing great benefits for business communication. It is the easiest way for a business to connect with customer and clients.

We live in a time that has never existed before and I think it our obligation to use the new technologies that provide us with a better quality of life. These pieces of technology make living easier by automating or streamlining day to day tasks.

Starting a business can be chaotic, but there are many available tools that are invaluable for creating and scaling manageable systems from anywhere.

You don’t need fancy education and people to tell you what to do. You can define your own destiny and build your own business. You can define how to live your life, because all the resources on the world are available online.

Hustle super hard and you can achieve anything in life. Don’t let other people mislead you. There are no limitations to what is possible today.

If you work hard, you can turn any business activity into a 7 – figure business. Not all business models are easy, but it is better to get started than keep complaining.

If you choose to live your life building business from all around the world, that will lead you to very high quality lifestyle.

Got any questions? Ask me on Facebook:

http://www.facebook.com/aleksander.vitkin

Check out my free business training: http://www.vitkin.net

Here is how to make a 6 – figure business using Upwork.

1 - Create an Upwork profile and choose something that is not very popular on Upwork, so you can get approved. Upwork is making it harder and harder for new freelancers to come into their platform. The reason why they are taking this step is because the flood of freelancers is getting bigger and bigger.

They want to make sure the platform has more professionals and as a result to make the user experience of both freelancers and employers better.

2 - Get other people review your profile. Usually, these are clients that you have been working with outside of Upwork. 5 reviews are enough to get started and get ranked higher on Upwork. These reviews will make your profile stronger and you will appear as a very trusted person who can provide high quality work.

While digital freelance marketplaces like Upwork have played a big role in helping companies and individuals find talented independent workers, the sheer size of freelancers bidding for a project make it very difficult to separate the wheat from the chaff.

It is much harder to get high quality clients without having good reviews on your profile.

As a freelancer, trying to find good paying projects on Upwork can be an uphill task. You need to not only outbid talented competition, but also contest with freelancers who are willing to charge very low rates. Your reviews is what is going to differentiate you from the crowd.

3 - Figure out what you are going to sell on Upwork. Do your market research and make sure that there is a demand in the market for what you are selling. There have to be at least 20 jobs per day that you can apply to.

Marketing research can give a business a picture of what kinds of new products and services may bring a profit. Failure to do market research before you begin a business venture or during its operation can result in a lot of wasted hours in trying to find a client that needs your services.

4 - Get people on calls and close them. Talking to your clients on the phone brings more authority in you. They trust you more and you have a much higher chance to close them. Ask them to pay you 100% upfront or even recurring. Repeat the process and fill up your pipeline with more leads.

People think it’s super complicated to be successful on Upwork. However, if you keep it simple and do not do the service delivery forever, you make a successful 6 – figure business. In other words, you have to make 8 sales at about $1K.

Your goal has to be the charge clients on recurring basis every single month and to offer a life time value. That way, you will build stability in your business and you don’t have to worry whether your business will survive the next month or not.

Got any questions? Ask me on Facebook:

http://www.facebook.com/aleksander.vitkin

Check out my free business training: http://www.vitkin.net

Making a commitment is a big deal. If you make a commitment to doing something, something magical happens where you know that what you are doing on a daily basis is going to pay off. However, It’s not something you should jump into if you aren’t ready. You should feel confident and believe in your skills that you are capable of doing it.

It is very hard to create 2 videos a day for several years, but I made a commitment to do it. The secret is that you have to commit to it 100%. You don’t have any other option. That is a life or death situation and you will find a way to make that happen no matter what it costs.

Sometimes, you might not be in a good mood or you don’t have any idea what you are going to talk about, but you do it anyway, because you must do it.

Even though you know that you cannot come up with the best ideas and the best content, you know that this is going to help the business grow. That is what motivates you to push yourself and do it. That is the type of commitment that is necessary to build any business.

People think that if they send a few proposals and do several sales calls, they will be done for the day and they have done enormous amount of work.

Enough work means that you have to do all the work that is in your capabilities on a daily basis.

How to do 2 videos a day.

I choose a topic, turn on my camera or my phone and I start recording. I usually talk about what my students have asked me on my calls. That is already proven to work. I see that people follow my YouTube channel and like my content on social media. I have built a brand based on the type of videos I am creating right now.

Usually, the time when I don’t want to work, but I do it anyways, I experience the most growth. I am doing the most amount of work when I don’t feel like working. As a result, the best month this year, my business did $100K in revenue with 50% profit margin.