How To Grow And Scale Up Your Online Business

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Want to learn how to grow and scale up your online business?

Recently Stefan was asked to speak at a panel at the Amazing Summit, where he shared some of his best practices and strategies for growing and scaling up your online business.

The Amazing Summit was related to building a successful Amazon FBA business, which Stefan has some additional free training available at https://projectlifemastery.com/fba/?utm_medium=social&utm_source=youtube&utm_campaign=free-amazon-fba-training-promo&utm_term=how-to-grow-and-scale-up-your-online-business&utm_content=lc-youtube-description

In order to grow and scale up your online business, you need to master your psychology and mindset, which is the most critical factor in creating results in any area of your life.

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How To Grow And Scale Up Your Online Business

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First question, I guess we’ll just start back at this end, first question is

what does your morning routine look like? That’s awesome. For me, the most important

thing when I wake up is I smile just because I think that’s the most

important thing. You wake up just feeling grateful, being proud for another day. I

like to go through a process first thing in the morning just to make sure that

I’m at my best whether that’s asking myself certain questions: what am I happy

about, what can I focus on, what can I give today, how can I become better? I find

just by asking those questions, it puts me in a great state, so that I can be

productive and do the best that I can in my business.I love self-development so

everything from affirmations, visualization, vision boards, things

like that are great, reading books and just planning out the day. I find

that in terms of business, focusing on that highest leverage thing,

the most important thing, that one thing as the book says, just focusing

on that one primary objective, if you can do that everyday, just focus on one high

leverage thing, then over a week, or a month, or a year,

it’s amazing what you can accomplish. Sweet.

Playing off the morning routine, what’s an average workday look for you guys? What I do now is much different than when I started. When I first started, I was working in my business, not on my business,

so I was doing everything. My focus was applying as much as I could,

learning as much as I could. At a certain point, I learned that I could get

further ahead just by focusing on fewer
things and really focusing on the things

that I’m good at and the things that only I can do that I enjoy. Most of my day is … The

most important thing that I do in my business is create content because that’s what

I love, I enjoy that, whether that’s YouTube videos, recording videos,

writing articles for a blog. I use those channels to funnel into whatever

email list that I have or whatever product that I might be selling.

That’s the main thing I do. Also, interviewing people, learning as much as

I can, learning new ideas, strategies that I can implement into my business. I

also focus on trying to systematize as many things as possible. Once I do

something one time and I get good at it, I know it works, then

I’m going to try to find a way to automate that. That could be having a virtual

assistant. My customer support is automated now at this point. A

lot of my social media is automated with Instagram, Facebook.

That’s a lot of my time everyday is just learning strategies, systematizing it.

That is what has allowed me to scale up and grow.

Now, the next question is if you were to start over in your business, what would

you do differently to make yourself successful faster? A lot of these

people are probably where you were at maybe six months ago, a year ago,

two years ago. What would you do differently

starting back over that would get you to where you’re at now faster? I’d say

the first thing, which all of you guys have already done, is finding and

investing in a high quality course. When I first got started making money online and

trying to exploit this opportunity I was
just trying to do it all by myself you

Looking online, trying to put all the pieces together and I found that to

be very frustrating,

very time-consuming, and I failed a lot. It took me years

before I started making any money online. Finding a good quality course and I

think one step further than that would be finding a coach, a mentor,

a mastermind group, surrounding yourself with the right people because

that can just fast track you there much faster. I kind of always use the analogy

of if you’re in the jungle, and you’re trying to get to a certain

destination, and you’re trying to do it by yourself, then it’s not going to

be a very pleasurable experience. You’re going to get lost.

It’s dangerous, certain things can happen. Whereas if you have a map, at least you can get

a lot faster. If you actually have a coach or a mentor that can hold your

hand and guide you through the process and help you avoid all the

failures, the pitfalls, all the pain that a lot of people have to go through,

then you can definitely get there a lot faster. Sometimes it’s worth it to

invest the money to get there faster and avoid all the pain, discouragement and

all that stuff you have to go through. Each of you have had tremendous success,

but it was never just slowly going up and up. There had to be a point where it

kind of just, all of a sudden, wow, this was a game-changing moment. What was it

in your business, what’s one thing that you can look back at and say, “When

this started happening … ” It could be a strategy you started doing. It could be

a focus on customer support, something. What was the key moment in your business

that you noticed a huge transformation? The biggest thing that helped me grow to

the next level was making the switch from being a business operator to a

business owner. I kind of described that at building a team, outsourcing,

systematizing things. That would, all of a sudden, free up my time to focus

on the things that matter, the things that are really important. That was

probably one of the biggest things. I’ll share one more thing that really helped me personally was

with goal setting. The moment when I started making my goals public

and publicly declaring them, what that did for me is kind of interesting because

I have a blog, and YouTube, and even on Facebook with my friends is I’ll publicly

declare, “This is my goal. This is what I want to make happen. This is the deadline.” By

doing that, it was actually very uncomfortable and scary because

usually you’re just accountable to yourself. If you don’t follow-through on your goals, it’s not

that big of a deal. If you’re publicly declaring it to other people, it creates

more this urgency and this pressure. I found that took me to a whole new

level in terms of my productivity, motivation because, all of a sudden, it was a

must. When something is a must, you’ll find a way. If you can’t find a way,

then you’ll make the way. I found that to be a pretty powerful shift in terms of me

being able to achieve a lot more in my life.

All right. We are out of time, but who would like to hear their answer to what advice they

would give you that would guarantee you would double your business? Not to put

you all in the spot or anything. What advice would you have someone sitting in

the audience that would guarantee they would double their business over the

next six months assuming they’re producing sales now? If you had to put

your best bet on it, you had one thing you could tell them and

this was your one thing, what would that be? For me, personally, kind of going back to what I

said, I would say I think the biggest thing that would get you there to double

your business isn’t some sort of marketing strategy or technique. It’s

more so you as a resource and what you’re capable of, becoming more

resourceful. Going back, within six months,

declaring that, believing that, setting that as a goal. It’s amazing

when you’re back against the wall how resourceful that you actually become because

often times we have excuses and these beliefs of I don’t have the time, the money or

whatever it is. If someone had a gun to your head, you would find a way. I would say,

just kind of going back to what I said, if you can

find a way to make it a must and say, “This is what I want six months from now,

to double my business.” One more thing I’ll maybe add is I

heard this from Jim Rohn a long time ago is to work harder on yourself than on

your job. The more that you grow as a person, the more you’re investing in you

and your capacity to be able to add value, to be able to have more success in your life.

That probably be the biggest thing. Let’s give them a big round applause. Get up, get up. Good job, man. Thank you.

Hey, this is Stefan. Thank you so much for watching this video. If you

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I’ll talk to you soon.