Posts

The Benefits of Business Coach & Mentorships

If you want your business to thrive, being part of a business mentorship program is the solution. Most newbie enterpreneurs see business mentorships as waste of time and money. The reality of that is most entrepreneurs, like 95 procent of them fail online.

You know the reason why?

Because most of them don’t learn from the experts. They learn from other newbies.

Thus wouldn’t you like to build a thriving online business while being helped by a millionaire business coach mentoring you what exactly you should do?

Offcourse yes! Makes total sense right!?

So how what can help you achieve success in your online business having a mentor?

One word: Strategy.

Step #1: Don’t Fool Yourself Thinking You Don’t Need Business Coach Or Advisor

Stop trying to do things perfectly. Stop searching online for the best way to start your business. No one has a magic pill, and if you are looking for one, you will most likely end up scammed.

The first step is to commit to building your business through mentorship. Start by creating income, lifestyle and contribution goals.

  • What is your target monthly revenue? Write it down as an income goal.
  • How many hours do you want to work? Write it down as a lifestyle goal
  • What legacy do you want to leave behind? Write it down as a contribution goal.

Make sure your goals are visible everywhere you spend over 2 hours at a time.

Step #2: Learn Your Customer Avatar Well In And Out

Business success whether in retail, avionics or coaching is about serving clients in ways the market is not, or not effectively doing so at the moment.

How hard did Apple have to sell you the iPhone?

What about the iPod?

To succeed in business, you must know the pains, desires, and troubles of those you wish to serve to later offer a solution irresistible to them.

This is where e mentor can help you get insight into how you can get to know your customers better.

Step #3: Create A Unique And Irresistible Business Offer

To achieve success, especially in the early stages, you must stand out with your offer.

This is especially important in crowded markets like online marketing that are growing bigger and bigger annually.

How do you stand out?

By delivering a result that matters to the people you serve.

Your task is to develop an enjoyable offer that consistently solves one of their top 5 pain points.

Be creative but remember who you are serving:

  • One on one sessions alone put an excessive burden on your shoulders.
  • Online programs may not be suitable for executives wanting a break from technology.
  • Long presentations or webinars may not be suitable for those in grief.

Step #4: Use Business Mentors Insider Knowledge To Price Your Offers

There is nothing expensive or cheap in this world.

There is just value for money.

If your offer solves some pressing issues for your clients, charge premium prices, which is anything upwards of $3k per client. This will avoid bargain hunters and those uncommitted from working with you, which will preserve your worth as a true entrepreneur.

Step #5: Get Clients Now To Build Your Business

You don’t need elaborate website designs, marketing funnels or mentions on TV to get clients.

You need resourcefulness.

Tap into your existing network right away and don’t over-complicate things by describing your method or business process you follow.

Here’s an example: Katja Kempe, founder of Viveka, the world’s largest marketplace for coaches and speakers advises:

“Your clients don't care about the process, when people buy coaching services they want to know what results you will achieve for them. Focus on the outcome and not how you will get them there.” Click To Tweet

Speak to people’s emotions and show you understand and care.

At the end of your communication prompt people to get on a call with you.

Once you are on the phone, ensure they are a good fit and enroll them as a client.

Step #6: Get Help For Millionaire Business Mentors To Scale Big

Start by freeing up your time.

How can you better leverage your time to spend less time client facing whilst producing the same or better results for clients?

By doing so you start evolving small online business from a profitable hobby into a scalable multi million dollar business.

With time in your hands, consider starting an online community for your clients. Post regularly and invite members to share the group with others in your target audience. Do client interviews and provoke the group to take action and solve once and for all the issues you can help them with.

Grow your community by driving traffic from joint ventures, content marketing, advertisement or the countless other options available to you, whichever is most suitable for your coaching niche.

Step #7: Keep Growing Through Business Mentorships Programs And Masterminds

There will be a point where complexity takes hold of your online business venture.

You will have to make sacrifices and balance life at work with the endless struggles of running an online business.

To continue to thrive as a business, coach or what every you are doing you will have to learn to let go and trust your mentors to guide you.

This is because no matter how skilled you are, you are limited as a human being. Mentors have mentors, and so should you.

At this stage, your role shifts away from execution and into leadership, a rewarding shift that comes with its own troubles.

hope you’ve gotten value out of this post.

Share or comment below what you’ve find worthy of implementing and why.

About The Author

Your Millionaire Mentor
Shaqir Hussyin

Shaqir Hussyin is the founder and CEO of Shaqirhussyin.com & Funnels.com Nicknamed the “Backpack Millionaire”, he’s invested $350,000 into his own education and training. Whilst traveling to 100+ countries, Shaqir has built over 10+ million dollar brands and attracted over 500,000+ subscribers.

His signature program is now available at: CreateDigitalCourse.comspecially designed for aspiring entrepreneurs wanting to start their online business with their very own high paying product.

Shaqir is also a highly sought-after speaker and direct response “Sales Funnels” global leader you can meet in person. His work has impacted over 100,000 businesses in 65 different countries. Connect with Shaqir on Instagram, YouTube, LinkedIn & FB Group.

How To Find A Millionaire Mentor Or Business Coach

How do you find a millionaire mentor or business coach for yourself? Here are 4 steps I follow on how to find a millionaire mentor. There are important steps I’ve found that usually work every single life event I attend. Finding a millionaire mentor is a three step process:

  1. Know Yourself First
  2. Attend & Network At Conferences
  3. Pick Best As Candidates
  4. Build A Rich Relationship

#1. Know Yourself First Before Getting Mentor Or Business Coach

When you seek a mentor, it should be for a reason.  Wanting to find someone who will “just make all the things better” is seeking a therapist, not a mentor.  A mentor is someone who has experience in a specific area of your life and can share information, encouragement, and insight so that you can better that part of your life.  Determine which areas of your life you are seeking to improve before you seek a mentor.

#2. Attend & Network With Millionaire Mentors At Conferences

When I attend a conference, I like to have an event to invite people to. That means I get all of their cell phone numbers to be able to text them the location and time. It feels exclusive, so people ask if they can invite other people.

When I was at a conference in Vegas, a friend of mine had a complimentary suite. I asked if we could plan something in his suite, and I invited another friend, a mind-reading sword swallower, to join us and bring his swords.

When I was mingling with people and found someone I wanted to further connect with, I said, “I’m putting together a little gathering. There will be a sword swallower and a crazy card game called Cards Against Humanity. Just give me your cell, and I’ll text you the details.”

how to find a mentor,how to meet millionaires,rich mentors,millionaire mentors alliance,best business mentors,millionaire mentor videos,millionaire mentor india,rich mentors app

There were a few millionaires I knew at the conference, and I was able to connect with their friends, who were also millionaires. One of the millionaires I invited was John Hall from Influence and Co, and he brought the alcohol! It cost me zero dollars. Great connections were made, and it was a really fun night.

This strategy is effective because you’ll get to know millionaires on a personal level, which is better than just getting to know them over the Internet. These in-person networking events will help you transform your relationships with successful people from being acquaintances to friends.

Here’s how you can replicate this:

  • Set specific goals – before attending a conference, set goals that describe who you’d like to talk to or how many connections you’d like to make.
  • Meet someone before you go – ideally you want to be friends with a key influencer before you go to the conference. That way you have someone to vouch for you. Find out who is going and start to build that relationship early. When you meet, make a point of meeting that person early in the conference.
  • Get introduced by your successful friend – when you already have one friend that knows others, it’s easier to have them introduce you. It’s harder to walk up to someone successful and build a trusting relationship within minutes.
  • Plan dinners – like my story above, plan a party in a suite or plan a dinner at a restaurant near the conference and invite several people with whom you’d like to connect.  They have to eat too, and having a reservation or arrangements already made so that all they have to do is show up makes it super easy for them.

#3. Pick Best Business Coaches & Mentors As Candidates

Mentors must be people you can reach.  If you seek to have the President of the United States as your mentor, you will very likely not succeed. The reason is simple – you simply cannot reach him.  

Start with a pool of experienced individuals in your field of improvement who are also people that you can reach. Mentors must also be committed to your success.  He’re are some examples of  business mentors i choose to be coach by.

how to find a mentor,how to meet millionaires,rich mentors,millionaire mentors alliance,best business mentors,millionaire mentor videos,millionaire mentor india,rich mentors app

It’s not uncommon for someone to ask a cousin to help improve his basketball game, only to find that the cousin just wants to dunk on him all the time.  That’s not a mentor, that’s a sparring partner.  Being committed to your success means that the person in question will gain personal emotional reward from seeing you accomplish your goal.  This can either be in the personal level (like a parent) or in the impersonal level (like a national-level sports coach).  In both cases, you want someone who will have a “selfish” motivation that you succeed.

Parents, teachers, pastors (if you are religious), experts in a field, elders, professional coaches (sports, business, life, etc.) are all candidate pools for mentors.  Write down the names of ALL the experts around you, regardless of age, then sort them from best to worst.  Call the top 10.

#4. Build Relationship With Best Mentors & Business Coaches 

It’s always a compliment to be asked to mentor a person.  It’s also a burden and commitment.  If you are seriously asking someone to mentor you, then you need to be sure that you are both serious about making you better in the area that matters.  

That means that not only should you be committed to showing up on time, respecting the mentor’s time and personal life, but you need to know that the mentor will also be committed to be present at the designated time, be capable of listening and paying attention, and be willing to stick around until you both agree that the situation is better.  

It’s a negotiation, and by treating it as such, you express a respect to the mentor and to yourself.

Thoughts On How To Find The Best Mentor & Business Coach For Entrepreneur

  • Set ground rules for time management.  Mentorship isn’t a free license to just call this person any time of the day with whatever ails you.
  • Set a window of contact time that is regular.  It doesn’t have to be “every Tuesday at 5pm” (though that is also acceptable if you both agree), but it should be at least “one hour every week” or some such commitment.  Leaving it open will lead to fade away.  Remember, the mentor’s time is the driver here, he or she is doing you a favor.
  • If the mentor is a paid individual, expect more work from the mentor – and say so up front. A great way of phrasing it is, “I have had coaches in the past who just made it up as we go along, so I’m wondering what your plan looks like and how much feedback you’ll give me outside of the training session?”  Homework, assessments, written materials are reasonable to expect from paid mentors.
  • Don’t be afraid to “fire” a mentor at any time if you find that he or she is not working. ALWAYS be polite and grateful, even if they were horrendous. Why? Because this is a person who gave you some of their time.  But ultimately, the driver is your success, not theirs – so if it isn’t working because the hat doesn’t fit, just get another hat — it’s not about whether they’re a good person, it’s about whether it works.

Related Content:

No matter where you turn to find a rich mentor, connecting with the right one should be a key step in your business plan. The right mentor can guide you through tough business choices and help set you up for success for years to come.

Want my 1:1 help from a millionaire mentor?

Claim your FREE 30 minute Millionaire Mentorship Session – Click here.

I hope this article sparked your interest, and brought you closer to understanding the importance of having the right mindset and right mentor.

If you’re interested in a specific solutions, check out more insightful knowledge here. 

And, of course, if you have any questions, comments, or feedback…  Feel free to post them in the comments below!

About The Author

Your Millionaire Mentor
Shaqir Hussyin

Shaqir Hussyin is the founder and CEO of Shaqirhussyin.com & Funnels.com Nicknamed the “Backpack Millionaire”, he’s invested $350,000 into his own education and training. Whilst traveling to 100+ countries, Shaqir has built over 10+ million dollar brands and attracted over 500,000+ subscribers.

His signature program is now available at: CreateDigitalCourse.com specially designed for aspiring entrepreneurs wanting to start their online business with their very own high paying product.

Shaqir is also a highly sought-after speaker and direct response “Sales Funnels” global leader you can meet in person. His work has impacted over 100,000 businesses in 65 different countries. Connect with Shaqir on Instagram, YouTube, LinkedIn & FB Group