Okay, two things: 

1) This article is best for you if you are currently at $5k/month and want to break your plateau and scale. If you’re just getting started, I have lots of other good stuff for ya, but this one is not the most helpful. 

2) I get super vulnerable and honest in this article. Respect that, please. It takes courage to pull back the curtain like this and that’s why most business coaches don’t. So, read with an open mind and suspended judgment. Thank you.

1. People think you’re a millionaire…they forget about overhead.

In case you haven’t heard it before, there’s a very big difference between pulling in a millie in cash and having a net worth of a million dollars. I’ll be there soon enough but I think it’s important we talk about overhead. That way, you know what you’re in for when you hit your 7-figure year.

In the circles I run, coaching businesses take home anywhere from 45% to 60% profitable. Of course, this varies, depending on the business model and the industry. There’s always that one dude making $750k/month with one VA, but that’s not the norm.

 And there’s always those extremes on the other end, who have way too much overhead because they’ve thrown people at a problem…instead of building out proper systems and processes in place so they can bring more money home.

But yeah, overhead’s a thing. 

7-figures doesn’t mean millionaire status…although you’re well on your way.

2. Taxes are a bitch.

No way around it, you’ll be paying more in taxes.

My advice? Find a good tax strategist who will help you sort that shit out. 

I dilly-dallied on that one and ended up paying wayyy more than I should have because I didn’t have the proper structure in place. 

Here in the US (and probably elsewhere, let’s be real), taxes are one of those things that get talked about a lot, usually in context of the top not paying their share. 

Ex: did you know that I paid more in federal income taxes this year than Jeff Bezos did in 2017? Yup, I didn’t believe that, either. 

There’s LOTS that can be said about that issue but the end point, as it fits into this blog post, is this. 

When you make more, you will pay more taxes. A lot more.

3. You feel insanely guilty sometimes. It’s close to “survivor’s guilt.”

I am going to be real here. 

The narrative in our culture can feel very anti-money, very anti-capitalist.

And, at heart, I am a people pleaser. 

So sometimes, I feel weird about making good money. 

It’s not something I want to fully talk about just yet but here’s what I do know: 

  1. It’s totally okay to start a business to be profitable. Wealth creation is not inherently wrong. 
  2. Money is a neutral tool that can be used for good or for evil. 
  3. I truly believe good people should make good money.

I’m not a therapist, I show people like you how I made $100k months. Business stuff. 

But just know it comes up and it’s something we get to work through.

4. You stop worrying about money so much, it’s amazing. You buy things and you rarely look at prices anymore. 

Unless it’s a large purchase, I really don’t check the price. 

Can I be honest? Even writing that out feels weird…maybe irresponsible. 

But, I wanted to give you a real insight into what it’s like (not just a fluff piece.) 

When I go into a store, I look at different things now. 

Is it a quality piece? 

Do I love it now? Will I love it in 5 years? 

And, do I want it? 

And if the answer is yes, I get it. 

That is such a different experience than I used to live, even only a few short years ago. 

(For those of you who don’t know my story, the short version is that, while I did have some privileges because I am a white woman, I was certainly not born with a silver spoon in my mouth.) 

So, as you can imagine, it’s incredibly surreal to just put things in my cart and check out. 

5. You are debt-free…if you want to be. Or you chose to leverage other people’s money to make even more money. 

Either way, I have new choices now that I didn’t always have. 

I did pay off a lot of debt when I first started making good money. 

Now, I actually see debt a little differently. 

My friend, Jereshia Hawk, talks a lot about using money as leverage to make more money.

Obviously, the choice is yours but that’s the whole point; you now have more choices around money.

6. It’s incredibly uncomfortable to talk about online — especially if family and friends follow you. But when you are connected to your mission, you do it anyways.

Oh my goodness, it’s so weird talking about this stuff online, isn’t it? 

I am sure you can relate, if you’ve been doing this longer than 2 seconds. 

But let me tell you…it gets wayyyyyyyy weirder when you start talking about things like income. 


Some friends and family are chill and it stays the same. 

Others get super super weird. 

But honestly, at the end of the day, it’s ok. 

It doesn’t really matter, in the grand scheme of your WHY. 

And I firmly believe that the women who are in my world need me to show up. 

They need me to talk about money. 

They need me to talk about my business. 

But, it’s true, no one really prepared me for the weird random little comments…but I just warned you…so now you have a head’s up. You’re welcome. 😉 

7. You realize you are part of the 1.7%.

Can I tell you a story? My team and I got curious about the amount of “Maria only work” I did. So we timed it. We clocked and categorized everything I spent my time doing for a month. 

And, as it turns out, there were only 4 hours in the whole month of work that only I could do. 

If I chose, I could work 4 hours a month and be done with it. 

But I work a hell of a lot more than that because I truly want more women to know how to do what I did, if they want to.

Of all businesses that hit $1M in annual revenue, only 1.7% of them are women. 

So you simultaneously are proud and angry that the number isn’t higher.

I am insanely proud of everything I’ve done to get to this point. 

I am humbly conscious of some of the advantages I had to get here. 

I am immensely grateful. 

And I have a deep and intense desire to show other women how to have this life…if it’s something they want. 

Which is why I created the $100k Mastermind Experience

This program, if you’re admitted, will change you and your business beyond recognition.

The $100k Mastermind will double your income in 1 year and get you to $100k months in 3 years. This is our guarantee. 

With the $100k Mastermind: 

1. You will have the ultimate gameplan to scale your business. We have created simple-to-implement, plug & play “scaling projects” that stack on each other. Each scaling project should add $10k/month to your income. Implement 10 scaling projects and bam! You’re at $100k months, cash collected. 

Examples of scaling projects you will access include: 

  • 5-Figure Launches: Unlocking My Secrets To An Easy Profitable Launch
  • Low Ticket Sales Machine: How We Enroll 400+ Customers A Week
  • Pinterest Ads: Attracting High-Quality Clients On Autopilot
  • $10k+ In 1 Hour: Mastering Live Webinar Sales
  • Email Marketing: Revealing the Keys to Making Money On Demand
  • Scaling with DMs: Quickly Scale to $100k Months By Ditching Sales Calls
  • We will be adding 1 new scaling project each month, based on your business needs.

2. You will have the highest level of constructive accountability. Each of you will have a personal coach assigned to you — this coach will help make sure your projects are completed on time. They will be there to answer questions you have — and help you overcome the inevitable hurdles that will crop up. 

3. You will have access to other 7 & 8 figure earners. Success leaves clues — and I will be bringing in other millionaire friends and mentors to share the strategies that have helped them become successful.

4. You will be pushed & challenged — perhaps more than you ever have before. This Mastermind is not for you if you aren’t willing to put in serious work. It is a full-time commitment and you’ll need to dedicate 10-20 hours a week to complete your projects. 

5. You will be unable to “fly under the radar” — we will insist you stay engaged and plugged in — so you can actually get the results we guarantee. We will double your income in 1 year — and get you to $100k months in 3 years — and that requires a solid combination of hard work (on your end) and proven business strategies (on our end). 

My current Mastermind students have seen some incredible results. 

7 Things No One Tells You About Making A Million Dollars

7 Things No One Tells You About Making A Million Dollars

Their results are incredible — yours might be different.

The success rate of our program is EXTREMELY high because of our attention to detail.

If you invest in this mastermind program you become a private student of Maria Wendt and we absolutely refuse to allow you to play at a level that is anything less than phenomenal.

We’re going to be working closely together. I’m going to be your mentor, your guide, and your coach and my SOLE INTENTION is to call out the powerful business owner in you.

  1. We are looking for female business owners who believe they should be wealthy, successful women — and who will use that money to make a positive impact. 
  2. We are looking for down-to-earth business owners who aren’t afraid of hard work. 
  3. We are looking for givers — women who are willing to share what’s working in their business so we can all grow.
  4. We are looking for women who help other businesses grow. (business coaches, strategists, launch experts, mindset coaches, copywriters, web-designers, social media experts, etc.). In some way, shape or form, you must help people grow their online businesses. We reserve the right to determine if this program will work for you. 

We are NOT looking for: 

  1. Tire-kickers who aren’t committed to leaping in and saying, “yes!” — you must be willing to take a bet on yourself. 
  2. Low-vibe complainers who will join and not implement anything and then ask for their money back. You must be all in for your success. 
  3. People who believe there is a “secret” to success. There’s no secret. It’s just a lot of proven business strategies, implemented well.  

We wanted to keep it fair for everyone (since we know demand will be insanely high). 

So we decided to do things a little differently and created an application process so you can apply to join this mastermind.

This is high-level. High-level investment. High-level commitment. High-level results. High-level money. 

If you are accepted, you will have everything you need to double your income in 1 year — and hit $100k months in 3 years. 

You will be a powerful business owner — running a business that is flourishing beyond anything you could have imagined. 

If you would like to be considered to be a student in this $100k Mastermind Experience, fill out this short application form

From the entire team here at Team Maria, we want to say “Good luck!”. 

We are on the other side…getting ready to help you change your life. 

Written by

Maria Wendt

Maria Wendt is a highly sought-after business coach who specializes in helping ambitious female entrepreneurs get clients online.

Published and interviewed in many different places, including Forbes & Business Insider, she mentors her community of 150,000+ business owners, teaching them exactly how to build a profitable online business.