SUCCESS STORY QUICK WINS
Eric Sciberras was looking for a way to monetize the relationships he’d built through podcasting. He needed an actual business model to bring growth, revenue, and an opportunity to work with joint venture partners so he could scale up.
HOW HE USED VIRTUAL SUMMIT MASTERY
Because Eric didn’t have an email list to work with, he joined forces with a partner with an existing platform. Eric followed the Virtual Summit Mastery Method closely and modeled his summit after another very successful summit.
The summit resulted in 3000 email subscribers and $20,000 in revenue from all access pass sales. Eric reports he also received affiliate commissions on sales of his partner’s course, bringing in another five figures in revenue.
“Many of the things I visualized as an entrepreneur that I wanted in my life have come to fruition after the summit.” – Eric Sciberras
Who are you and what’s your business (after VSM)?
Eric Sciberras – CEO of E Sixteen Media (Digital Media Company)
Eric Sciberras began his entrepreneurial journey selling items out of his school locker. His desire to grow as a businessman propelled him to start businesses in the event and nightclub, and fashion industries. His focus turned to online business when he realised the potential the Internet gives any entrepreneur. He is currently founder and CEO of E Sixteen Media Inc. He is an advocate for open-minded learning and connecting with like-minded people. You can check out his video content at ericsciberras.com
What were you struggling with the most before you joined Navid’s VSM? What did your business and life look like?
I was looking for a way to monetize the relationships I built with my podcast and make a larger sum of money in a shorter period of time.
My business needed some growth and an opportunity to work with joint venture partners that could help me take things to the next level.
Why did you want to host a summit and why was it the best way for you?
It was a great way to bring all the relationships I have nurtured into one event and build a business relationship with my summit partner. It seemed like the best way to build a product and create an audience around it since all the speakers would promote it.
Why did you join VSM (and not other courses)? What was your thought when you first found out about VSM? Did you do any research before you purchased?
I interviewed Navid and he seemed like the real deal. I am a big believer in finding the expert and investing into learning their method. Also, Navid actually introduced me to virtual summits. Didn’t do much research since I am more of a “let’s get it done” type of person but I looked at some other virtual summits to see how they were doing.
What are some specific strategies, tactics or pieces of advice you learned in VSM that helped you create a successful (and profitable) virtual summit?
In terms of summits, I learned everything from VSM. Navid lays out the process in perfect steps so I just followed the formula. He also has many examples but I just picked the one that did the best and modeled my summit after that.
How to setup up the landing page, sales page, and all the inner pages. Templates for reaching out to affiliates and sponsors. Marketing strategies such as Facebook ads and email blasts. The whole process was mapped out perfectly. Our whole email follow up series was built using the VSM vault.
Also, setting up the whole payment funnel. Linking Samcart to Stripe and Mailchimp and Membership site so everything is automated. When someone pays their profile is automatically created and emailed to them.
What specific results (email subscribers, revenue from all access pass, upsells, affiliate promos etc.) did you get by implementing what you learned in VSM? The more specific you can be here the better!
3000 email subscribers
$20,000 in revenue from all access pass sales
We sold my partner’s trading course for the upsell when the event was over and made another $52,000 which I received a cut of.
We also built a strong Instagram following for Trading Mastery Summit which now how 12k+ followers.
From start to finish, how long did it take you to put it together? And was it worth the time you spent?
5 months – Definitely worth the time
What was the cost of putting together your summit?
Did you face any big challenges in your journey to create, promote and launch your summit How did VSM and the community help you overcome them?
Our main speaker threatened to sue us and wanted to be removed from the summit a few days before launch. Other than that it was pretty smooth sailing.
The VSM community is great for little things like the setup and marketing questions. Every time I asked a question I got answers from many people.
How did you feel when you made your first sale from the summit?
We made our first few sales pretty early on and at that time I knew we had something that would make money.
How has hosting this virtual summit changed your business and life?
My business has grown and now I work closely with my partner who was a very established business person and trader. I am actually at his place in Florida working on our next project as I am writing this. Many of the things I visualized as an entrepreneur that I wanted in my life have come to fruition after the summit.
Were there any surprises that resulted from hosting your virtual summit that you didn’t expect at first?
Doing the launch webinar resulted in a flow of sales that I didn’t expect. Made me realise I should do more webinars. Also, some of the customer service questions showed me that although I may understand something, many people are complete newbies and need things really laid out as clear as possible.
What are you most excited about for your business moving forward?
I am very excited to continue the momentum and keep working on new projects with my summit partner. 7 figures is coming!
Anything else you’d like to add?
Two things I did that really helped the summit was that I found a partner in the niche with a big following and pitched the idea to them in a way that showed them how it would benefit them. Having a partner gave me access to a large community, a big name, and other connections. Also, to avoid information overload I picked one example from Navid’s list which was the summit that made the most money and modeled mine after that.
I have bought many courses over the years and in everyone I learned something new but Navid taught a business system that worked and put money in the bank which is rare in today’s online educational world.
As an active member of the Virtual Summit Mastery program and community, what would you say to someone who’s thinking about joining VSM?
If you want to start or grow an online business then buy the program or you will face a lot of time and money trying to figure it out for yourself and likely fail. The odds are against you unless you find an expert that you can model a proven system after. Grow a pair and buy the course!
What’s the BEST part of VSM in your opinion and why?
It focuses on making money which in the end is what matters.
Eric’s Key Takeaways:
• The VSM community is great for little things like the setup and marketing questions. “Every time I asked a question I got answers from many people.”
• Be prepared for customer service questions! “Many people are complete newbies and need things really laid out as clear as possible.”
• To avoid information overload, pick one example from the VSM list to model your summit after.
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