From the archive: This episode was originally recorded and published in 2020. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL’s in these archive episodes are still relevant.

Ravi Abuvala is the founder of Scaling with Systems, a business accelerator that works to bootstrap and scale their clients’ businesses leveraging elimination, automation and fully-trained overseas assistants. In the past 14 months, he has scaled 2, 7-figure businesses with less than $1,000 of his own capital and 4 commission-based employees.

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Ravi’s Gift for Fire Nation – Free training! The 3-Step “Cash Machine” That Spits Out High Ticket Clients Every 6.5 Days.

3 Value Bombs

1) Ask yourself, if something happens to you, can your business continue to run without you?

2) Figure out how to be profitable from day one.

3) Sales should not be delegated to your virtual assistant. It should be the last thing you delegate because nobody can sell your product as good as you do.

Show Notes

**Click the time stamp to jump directly to that point in the episode.

Today’s Audio MASTERCLASS: Bootstrapping Your Way to Millions: How a Law School Dropout Builds Profitable Companies Using Virtual Assistants.

[1:25] – Ravi shares something interesting about himself that most people do not know.

In July 2019, he moved to Spain. While in a jazz club, a brawl broke out and he got arrested and ended up spending three and a half hours in a small jail cell in a coastal city in Spain.

[3:58] – What happened when Ravi’s dad got Stage 4 cancer…

After he found out about it, Ravi spent every day with his dad in every chemo therapy session while studying for law school.
It made Ravi realize how fragile life is.
He scored in the top 10% of test takers in the entire United States and got into a top school in the nation, then worked to figure out entrepreneurship instead.

[6:49] – From $300 to $300k a month – what had to change?

First, he stopped trading time for money.
In today’s noise-driven world, not only do you need to have an incredible backend product, but you need to have consistent new leads.

[9:40] – The machine that turns strangers into high-ticket clients in 7.5 days.

If you can have a machine in your business to the point that you’re fully removed from it, your whole life will change.
If you are able to have consistent traffic coming in, and you have an awesome piece of content that people are coming to, and you have automated retargeting that leads them into the funnel, then people will have around 8-10 hours of content that they’ve consumed by the end.

[12:44] – How has Ravi leverage overseas virtual assistants to run 90% of his company?

Most people, when listening to podcasts or joining coaching programs, don’t need more knowledge. They just need more action.
Virtual assistants are great because having them gives you the ability to take action, but with someone else doing it for you.
Delegation, in general, is really great for a person to do, but a lot of people are afraid to do that.
Virtual assistants allow you to delegate anything you want at a lower cost point.

[16:07] – A timeout to thank our sponsors!

HubSpot: HubSpot CRM’s powerful tools will help marketers WOW prospects, sales teams lock in deals, and service teams improve response times and overall service. Get started for free at HubSpot.com!
BELAY: Learn how to make the most of your time and maximize your results with BELAY’s free offer! Download Your Personal Guide to a Productive Work Week, today! Just text FIRE to 55123!

[18:23] – Ravi shares some examples of tasks he is delegating to his virtual assistants, and also those that should never be delegated.

Take lead generation off your plate.
Sales should not be delegated to your virtual assistant. It should be the last thing you delegate because nobody can sell your product as good as you do.

[22:30] – Why is startup capital for a business a myth, and how does it ruin lives?

Too much of something is a bad thing.
Figure out how to be profitable from day one.

[25:03] – How is Ravi making more money with COVID than ever before?

COVID or not, at some point, you have to get plugged into what’s trending or you will get left behind.
If you understand how online business works and understand the lead generation aspect of it, then you’ll be able to shift your model into a hyper-scalable backend offer.
In your business, if you are able to solve a problem that a group of people is facing, you’ll be ahead of everyone else.

[28:29] – Ravi’s takeaway and call to action for Fire Nation.

Ask yourself: if something happens to you, can your business continue to run without you?
Have this machine setup to make consistent cash flow and consistent results without you.
Ravi’s Gift for Fire Nation – Free training! The 3-Step “Cash Machine” That Spits Out High Ticket Clients Every 6.5 Days

[31:12] – Thank you to our Sponsors!

HubSpot: HubSpot CRM’s powerful tools will help marketers WOW prospects, sales teams lock in deals, and service teams improve response times and overall service. Get started for free at HubSpot.com!
BELAY: Learn how to make the most of your time and maximize your results with BELAY’s free offer! Download Your Personal Guide to a Productive Work Week, today! Just text FIRE to 55123!

Killer Resources!

1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!

2) Free Podcast Course: Learn from JLD how to create and launch your podcast!

3) Podcasters’ Paradise: The #1 podcasting community in the world!

Bootstrapping Your Way to Millions: How a Law School Dropout Builds Profitable Companies Using Virtual Assistants with Ravi Abuvala: An EOFire Classic from 2020

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