What are the most important numbers to measure running a high ticket coaching or consulting business?Aside from what you observe, data and statistics tell you more stories about how your business is doing. You may see clients are coming and feel your business is growing. However, it is also possible that numbers tell an exact opposite.How do you know if your business is really doing good? Find out in this episode.Timestamps:[0:40] Do you want to turn your expertise, passion, and experience into an online income stream? Try the platform Dan Lok is using and receive thousands of dollars worth of bonuses.[1:47] What is the reason why Dan Lok has been able to generate more than a hundred million dollars in the last few years?[2:12] What is CAC and why understanding this number is critical in growing your high ticket coaching business?[3:04] What lifetime value of a customer is and how do you get to that number.[3:41] What is Return On Ad Spent?[4:01] Why are these 3 numbers so crucial in your business.

As a coach or consultant, you cannot be hirable if you are not searchable. How do you get visibility and attention on social media to help you in your high ticket digital marketing?Before generating over a hundred million dollars in coaching and digital course sales, Dan Lok has faced the same challenges most coaches and consultants are experiencing early in his career, having a massive online presence.Today, you will discover three critical things Dan Lok has learned having built over 9 million followers on social media. Listen and implement the lessons so you can go high ticket in this episode. Timestamps[0:40] Do you want to turn your expertise, passion, and experience into an online income stream? Try the platform Dan Lok is using and receive thousands of dollars worth of bonuses.[1:48] What is the main reason why Dan Lok generated over a hundred million in coaching and digital course sales?[2:18] What are some of the things Dan Lok has learned having over 9 million followers on social media?[2:48] Is your social media presence all about having followers?[3:48] Why consistency trumps intensity when building your social media presence.[6:05] Why you should offer something for free to your audience.

The more you grow your high ticket business, the more you need to delegate. Virtual assistants can help you free up time so you can focus on things that will help you scale more. Before you hire a virtual assistant, what are the certain things you should consider and how do you make sure they will be up to speed? Dan Lok has hired many virtual assistants and you will discover three tips on how he makes sure they are up to speed in this episode.Timestamps:[0:26] Do you want to turn your expertise, passion, and experience into an online income stream? Try the platform Dan Lok is using and receive thousands of dollars worth of bonuses.[1:34] How Dan Lok's experience on his first virtual assistance look like.[2:50] What exactly do you want your virtual assistant to accomplish for you? Make sure you list them out.[3:23] Did you already give your virtual assistant your list? Here is what you should do next.[4:33] Your first virtual assistant is not your last so how do you train your next?

When running a high ticket coaching or consulting business, one of the challenges is experiencing an income roller coaster. Your income goes up and down because clients come and go.Dan Lok has generated over a hundred million dollars in coaching and digital course sales and today he will help you leverage your common coaching practices and turn it into recurring income.Timestamps:[0:40] Do you want to turn your expertise, passion, and experience into an online income stream? Try the platform Dan Lok is using and receive thousands of dollars worth of bonuses.[1:49] As a coach or consultant, are you having this same experience running your high ticket coaching program?[2:33] Here is one of the easiest and simplest ways in creating recurring income as a coach or consultant.[4:03] Break your lump sum into installments. Here is an example.[4:52] What is value-based pricing and why is it Dan Lok's favorite method in creating recurring income.

What should you do when you have a client who is not showing up and not making any presence in your high ticket coaching program? Dan Lok, who already generated over a hundred million In coaching and digital course sales had similar experiences before. Today, he will share with you the things he did that worked in his high ticket mastermind group to make your clients become active again.Timestamps:[0:40] Do you want to turn your expertise, passion, and experience into an online income stream? Try the platform Dan Lok is using and receive thousands of dollars worth of bonuses.[1:48] Do you have questions you wanna ask to Dan Lok? Join his community. Here is how.[2:28] What does a disengaged client mean? 3:08] How do you prevent a client from being disengaged in your high ticket coaching program?[5:25] What should you do if you have a client that you are about to lose?[7:11] What if your clients say "This program is not from me"?[7:28] Is it okay for your high ticket coaching program to let your disengaged clients stay?

Running a high ticket coaching or consulting business? As a good coach or consultant, you have to know how to ask good questions.Dan Lok has generated over a hundred million dollars in coaching, consulting, and digital course sales. Do you wonder what are the questions he always asks that made his coaching successful? Discover them in this episode.Timestamps:[0:40] Do you want to turn your expertise, passion, and experience into an online income stream? Here is the easiest and fastest way.[1:48] Sometimes, questions are the answers to help your clients. Here is why.[2:37] Can you coach without permission? Find out the answer here.[3:15] What is the one thing you want to get out of today's session? [3:49] What is the biggest challenge you are facing right now?[4:03] If you could wave a magic wand and change one thing about your life, what would that be and what led you to choose that?[4:43] Do your clients experiencing a hard time? Here is the question you should ask.[5:30] What have you learned from this?[6:00] What is your plan of action?

3 Common Consulting Proposal Mistakes And How to Fix Them #32Proposals are up until now still used quite often, especially in B2B deals. A very common problem that most consultants and experts make is that they spent hours and hours working on the perfect proposal and when they sent it out... they hear nothing back. In today's episode, I'll talk about the 3 common mistakes that cause this and how to fix them. Listen to this episode to create effective proposals and close more deals. Timestamps:[0:26] Do you want to turn your passion, expertise, and experience into an income stream? You can use the platform Dan Lok is using. [1:34] Have you made this same mistake Dan Lok has experienced before?[2:37] Are you making your proposal too complicated? Find out here.[3:26] Here is why you are using your proposal wrong and how you can use it properly.[4:35] Do you send a proposal according to what you want? This is what you should do instead.[5:19] How do you know if your prospect is ready to buy?[5:48] Do you really need to use proposals to close high ticket deals?

What are the differences between a mentor, a coach, and a consultant? What value can you give your clients and which position do you fit? In this episode, Dan Lok will give you clarity on how to position yourself and your high ticket business in the marketplace.Timestamps: [0:40] Do you fit better as a consultant in the marketplace? Find out here.[2:14] Should you be more successful than your clients as a consultant?[2:36] What does a good coach do to their clients?[3:00] How does a mentor differ from a coach and a consultant?[3:40] Here's a summary of the differences between a coach, a consultant, and a mentor.

In today's episode, I'm covering why high-ticket consulting can maximize your profits and how some of my clients and I are adding an extra 7-figures a year in revenue with little to almost no overhead costs while working with a small number of clients. Listen to this episode now to discover how you leverage high-ticket consulting to maximize your profits.Timestamps:[0:40] Do you want to turn your expertise, passion, and experience into an online income stream? Here is the easiest and fastest way.[1:48] Is it okay to add consulting services to your existing business?[2:22] Here is what Charlie Cook, founder of Marketing For Success, says about the importance of coaching/consulting.[4:55] Three reasons why Dan Lok loves running a consultation business while having a big portfolio of investments.[6:05] Here is another advantage when people know you are a consultant[7:22] Here's an example of how one of Dan Lok's clients added consulting to her existing business.

Running your high ticket coaching program does not only mean providing your clients with information, courses, and events to help them win. With more than 15 years of experience and after generating over a hundred million dollars in coaching, consulting, and digital course sales, there is something Dan Lok noticed in his clients' need to transform their lives. Discover how Dan Lok helps his clients and how you can implement his method to your high ticket services in this episode.Timestamps:[0:40] Do you want to turn your expertise, passion, and experience into an online income stream? Try the platform Dan Lok is using and receive thousands of dollars worth of bonuses.[1:47] Do you only need to provide your clients with information, courses, and events?[2:16] What Dan Lok noticed after training thousands of clients and students for over 15 years.[2:46] Here is a quick story on how you can actually pinpoint your clients' needs with your high ticket coaching program.[4:36] How to understand content vs context and why is this critical in helping your clients win?