EP023 – The 7 Figure Sales Plan

23-7figuresalesplanThere’s two big milestones in the life of an independent business owner is the $10,000 a month mark and then the jump to the $100,000 a month level.

In this episode of Business Unleashed, we show you how simple it is to map out and implement a strategy to get to 7 figures a year.

Here’s the numbers we go through in this episode, so you can work out your own:

7 figure sales plan:

  • Target 1,000,000
  • Average Sale $30,000
  • Number of Sales to hit the target 33
  • Assuming a conversion rate of 30%
  • Number of proposal required – 110
  • Assuming %50 conversion from presentation to proposal
  • Number of presentations required – 220
  • Number of phone calls required – 1,100 (based on a 1 in 5 conversion rate on qualifying your prospect)
  • This means to make $1Million dollars in sales you would have to make 4.6 calls per day in a 48 week year

So, as you can see, $1,000,ooo a year boils down to about five calls a day.

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