179: Breaking Down the Path From $0 to Your First $1 Million
She Means Business Show
Carrie Green
4.9 • 628 Ratings
🗓️ 11 October 2022
⏱️ 5 minutes
🧾️ Download transcript
Summary
Making your first $1 million can seem like an impossible task, especially when you’re just starting out in business. But once you simplify it and break it down, it becomes so much more manageable and achievable!
Here’s what I’m sharing in this episode:
- The 2 main things you need to focus on to get to $1 million
- How to figure out exactly how many customers or clients you need to get
I hope this episode helps you to realise that you can achieve your financial goals, whether it’s $100, $100,000, or $1 million and beyond!
I'm hosting a workshop called How To Build Your Ultimate Sales Machine For Making Your First $100k And Beyond > save your free spot here: https://femaleentrepreneurassociation.lpages.co/fea-create-warm-workshop-october/
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Let's break it down. |
| 0:01.4 | If you had a product, so let's say you've got an online course, this is what you would need |
| 0:05.6 | to do in order to make a million. |
| 0:07.8 | You would need 5,000 people to buy a $200 product to make a million. |
| 0:14.8 | 5,000 people to buy a $200 product. |
| 0:17.2 | You would need 2,000 people to buy a $500 product, 2,000 people to buy a $500 product, or a thousand people to buy a $1,000 product, or 500 people to buy a $1,000 product, or 300 people to buy a $3,333 product. |
| 0:39.0 | Let's say that you actually had a subscription |
| 0:41.3 | instead of a course. |
| 0:42.9 | So for me, I've got a membership |
| 0:44.4 | and it was my membership that got me to my first million. |
| 0:47.0 | So let's look what that would look like |
| 0:48.9 | if you have a subscription service. |
| 0:50.6 | You could get 5,000 people to pay you 17 a month |
| 0:53.8 | for 12 months that would generate a million. Or you could get 2,000 people to pay you 17 a month for 12 months that would generate a million. |
| 0:55.6 | Or you could get 2,000 people to pay you 42 a month for 12 months, that would get you to a million. |
| 1:02.0 | You could get 1,000 people to pay you 83 a month for 12 months, get you to a million. |
| 1:07.0 | 500 people to pay 167 a month for 12 months or 300 people paying you 278 a month for 12 months. |
| 1:15.1 | So each one of those gets you to a million. |
| 1:18.0 | So asking yourself the question, okay, could I create a subscription or a membership that would be 83 a month? |
| 1:25.5 | And what would it take for me to get a thousand people to sign up at 83 a month? |
| 1:30.3 | What would it take? So for me when I started my membership, I started it out and it was |
| 1:34.5 | $25 a month. Okay, how many people do I need to get signed up at $25 a month to make a million? |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Carrie Green, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Carrie Green and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.