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Preface: I've been learning how to create websites for about 2 months now. I also got somewhat theory educated on sales and marketing during that time too. Before the 2 months, I didn't have much going for me other than being another 19 year old, about to turn 20, lamenting about how life was the same for the past few years. Same routine, expecting different results. So far I have 1 project under my belt in the home improvement niche, that's was paid and shown some results. The plan is I'm going to leverage the crap out of it. This thread is going to be a result of the application of what I know at the moment both in sales and web design and what I will be learning in the future. So far the idea is to document both my potential mistake and success and what actions resulted in them. For 1) I think it'll be a good reality check as I reflect on this thread and the critiques it'll get 2) anyone who's similar to myself first starting out can avoid the mistakes I make.
That being said, let's set up some numbers-
Our relative constant is: 3 months or 91 days.
Our variables:
Let my closing rate be roughly .01 or 1 out of 100 prospect.
Let my average project price between $750-1,000.
I need to get at least 14 projects at those rates to hit the mark.
To reach my target number, I'd have to do about 1,334 outreaches. At the rate of 750-1000$ for each project, I'll make $10,000~13,340.
On a daily basis, I'd have to do at least 15 outreaches a day to hit 1334 outreaches in 3 months.
However, to buffer any real world problems to the extreme, in case if my closing rate is really bad and is actually lower than 1%, 14 projects out of 1,334 outreaches, I'll do 6.66 times the outreaches on a daily, so it'll be around 100 cold outreaches.
Given the new daily outreach number or 9,100 calls in 3 months, the goal is to hit 10,000$ revenue. If I'm lucky and the closing rate is actually near 1% then the upper bound of this journey is any where between $68,250~91,000, at the rate of $750~1000 a project. If I'm not so lucky but have some success, and my closing rate is only around .0015, 14 projects out of 9100 outreaches, then my revenue with be anywhere from $10,247~13,663.
Lastly, the type of outreaches will be mention in the next update. Currently speaking, I'm sticking to cold calling.
Between the work I have to do and the learning that is to be done, my goal is to update this thread for every 500 outreaches and brain dump what I learned, what I'm learning, and what success/set back I may have then.
Target:
Get 14 paying projects
Outreach # 100 per day
hit 9100 outreaches in 3 months
10,000 Revenue
post-note: I realize that there might be a burn out at some point if it's 100 cold calls everyday for 91 days straight. My plan to counter that is to have the date be something like a pressure to keep me on target. If say I reach 91 days and I've reached 8000 calls, then the goal for this journey is to hit 9,100 cold out reach, close 14 deals, earn 10,000 revenue, and in 91-amount of days +-7(1week)
That being said, let's set up some numbers-
Our relative constant is: 3 months or 91 days.
Our variables:
Let my closing rate be roughly .01 or 1 out of 100 prospect.
Let my average project price between $750-1,000.
I need to get at least 14 projects at those rates to hit the mark.
To reach my target number, I'd have to do about 1,334 outreaches. At the rate of 750-1000$ for each project, I'll make $10,000~13,340.
On a daily basis, I'd have to do at least 15 outreaches a day to hit 1334 outreaches in 3 months.
However, to buffer any real world problems to the extreme, in case if my closing rate is really bad and is actually lower than 1%, 14 projects out of 1,334 outreaches, I'll do 6.66 times the outreaches on a daily, so it'll be around 100 cold outreaches.
Given the new daily outreach number or 9,100 calls in 3 months, the goal is to hit 10,000$ revenue. If I'm lucky and the closing rate is actually near 1% then the upper bound of this journey is any where between $68,250~91,000, at the rate of $750~1000 a project. If I'm not so lucky but have some success, and my closing rate is only around .0015, 14 projects out of 9100 outreaches, then my revenue with be anywhere from $10,247~13,663.
Lastly, the type of outreaches will be mention in the next update. Currently speaking, I'm sticking to cold calling.
Between the work I have to do and the learning that is to be done, my goal is to update this thread for every 500 outreaches and brain dump what I learned, what I'm learning, and what success/set back I may have then.
Target:
Get 14 paying projects
Outreach # 100 per day
hit 9100 outreaches in 3 months
10,000 Revenue
post-note: I realize that there might be a burn out at some point if it's 100 cold calls everyday for 91 days straight. My plan to counter that is to have the date be something like a pressure to keep me on target. If say I reach 91 days and I've reached 8000 calls, then the goal for this journey is to hit 9,100 cold out reach, close 14 deals, earn 10,000 revenue, and in 91-amount of days +-7(1week)
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