June 12, 2019
by DR. MARK T. WADE
#018: Why A Summit Is Your Salvation - Don't Wait
Introduction
In today's episode, I want to share with you some heartbreaking insights on how I almost lost a multimillion dollar company and why you shouldn't wait to host your virtual summit.
Entrepreneurs Survival Mode
- Working hard to keep their businesses afloat.
- Our businesses are steadily and predictably staying out of that red zone
- The Red Zone - where we're just a few weeks away from not being able to pay bills.
The Power Of The Small Win
✔️ It is harder to hit a home run or a grand slam in business
✔️ Quicker
✔️ Easier
✔️ Build Momentum
✔️ Changing Perception
✔️ Go Back To The Basics
Break the Cycle Of The Red Zone
➖ Run A Summit
➖ Small but effective predictable victories
➖ Using a 10% model, you could be making $40,000 with a product or $12,000 in recurring revenue
➖ Relationship Building
➖ Stop the mentality of "I know I should do a virtual summit, but I'll do it later
➖ Your salvation is not in that next campaign or promotion or launch, it's in a summit.
Our Strategy
➕ Run 2-4 multi-day summits
➕ Run 4-8 one-day summits
➕ Small, effective, predictable wins
My Request:
I’m going to give away all the best insights and knowledge but just need YOUR help!
- First - subscribe & leave a 5 star review on this podcast
- Second - share this podcast with anyone you know who has done, or wants to do a summit
That’s all I ask...
How To Get In Touch:
👉 I am always looking for feedback
👉 If you have questions send them to me. (I’ll start doing a special Q&A monthly episode)
👉 If you want to be a guest reach out and let me know
👉 If you know someone I should interview please put me in touch with them.
Email me at: Podcast@VirtualSummits.com
Resources you can get in the show notes at Podcast.VirtualSummits.com/resource
✔️ One Day Summit Guide
✔️ Virtual Summits Framework
✔️ Plug & Play
✔️ Free Trial Virtual Summit Software
I want to end this episode by saying,
"I believe in YOU & YOU can do this."
Summits are by far one of the most powerful ways to quickly grow your list, launch your platform & make more money! (Even if you are just getting started).
Don’t get caught up in Analysis paralysis, because the world needs to hear your message & there are people who are waiting for you to help them.
So just get started. Imperfect action is always better than doing nothing!
Thank you and see you on the next episode!
Dr. Mark T Wade went from brick & mortar to multi-million dollar online business using a strategy called the "One-Day Summit".
Having created 6, 7 & Multi 7-figure businesses in the Brick & Mortar, Online (Education) Business, & Software As A Service space (Virtual Summits Software), Dr. Mark now helps entrepreneurs scale their online businesses with proven strategies such as the One-Day Summit Formula.
Table of Contents
📄 Entrepreneurs Survival Mode
📄 The Power of Small Wins
📄 Break The Cycle of The Red Zone
📄 Our Strategy
LINKS MENTIONED IN THIS EPISODE
🔗 Virtual Summits Software Free Trial
🔗 One-Day Summit Starter Guide
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