Hi my name is Lewis Howes and welcome to the Daily Motivation Show.

What math is required to make a million dollars?

Like we can either sell, you know, a hundred, ten thousand dollar things,

we can sell a thousand, thousand dollar things,

just how much somebody's going to spend with you over the period of time that they buy from you in general.

Right now if yourself as a product,

that might just be the lifetime value.

But if you sell services like the dog guy,

he probably has people who stay with him for years.

And so he has to add up that total lifetime value

as the number.

So the first is like, what is the math to get to the million?

And you have to figure out how many units you're going to sell.

So let's use a thousand dollars because it's an easy one.

Okay.

So you have to do a thousand sales of a thousand bucks.

Exactly.

So we have to do a thousand sales. Now how are we going to break that down on an annual basis because

thousand sounds like a huge number? Well it's about three a day, right? Like okay. Well three a day

all of a sudden a a lot more manageable.

And we're like, okay, well, what creates a sale?

So at some point, you have to sell something to someone.

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