If you’re serious about making 100k, one of the most important things you can learn is how to set yourself proper goals, and then once you’ve done that – actually achieve them!
It’s no good just having a vague idea that you ‘want to be rich’. There are a million and one different definitions of ‘rich’ depending on who you ask. You need to be clear on exactly what you want to achieve before you have any chance of figuring out how to get there.
I’m going to tell you what I know about setting goals. Every success I’ve had in my life has started by clearly seeing where I needed to get to, and then reverse engineering, working backwards to figure out how to do it. (And I’ve still had plenty of failures too! But without clear goals and a plan you are just playing the lottery.) Here are my five steps…
Want an Aston Martin? Work out what you need to do to get one. Set a goal.
5 steps to 100k
Step 1 – Be specific
The first rule of goal-setting is: Be specific. Really, really specific.
So what you don’t say is ‘I want to be rich’. You say, ‘I want to make £100k’. Now you’ve got a real, concrete goal to be aiming for. You’ll know when you actually get there. There’s an endpoint.
But that’s still not good enough.
Step 2 – set a timeframe
Did you want to make £100k…over your entire lifetime? This year? This month? This week? When you’re setting goals, you have to also give yourself a time frame.
This is so important because the next step of building your goal depends on how long you have to achieve it. It will also help you to benchmark how high you are aiming. £100k in a year – easy! £100k in a day? Well, that might take a bit more work!
Step 3 – Break it down
Let’s say your goal is to make £100k in a year. What does that mean you will have to make per month to get there? It’s just over £8k per month.
Break it down more – how many days are you working each month? At 20 working days in a month, that means you’ll need to average income of around £400 per day. Now we’re starting to get a clearer picture of what it’s going to take to have you hitting your target.
Step 4 – Evaluate
Now that you’ve broken your goal down into more manageable chunks, ask yourself if it’s realistic. Can you make enough sales at the required margin under your current setup to make the £400 profit per day you’ll need? If not, why not?
Perhaps your margins will need to be higher, or maybe you need to increase the number of days you sell/work per month, so you can still be on track with lower average sales per day. Do you need to find another revenue stream, to make up the shortfall? Increase your product range. Cut your costs?
There’s no one answer, as everyone’s goals are going to be different, but the process still applies. This is the part where you start to drill right down to actionable steps you can take to make things CHANGE so it works. Make yourself an action plan, so you can see exactly what you need to do to hit your goal.
Step 5 – Make the changes
It’s no good doing all this goal-setting work and then spending 6 months just thinking about it. You actually have to make the changes you need to get things started. Take action!So if that looks like taking on more staff to enable you to process more transactions, investing in new equipment to double your outputs, or finding a new market to sell to – that’s what you’ve got to do!
The only reason you are going to fail
I see a lot of people failing to achieve their full potential, and it’s so easy to spot why. Everyone who fails to achieve a goal has something in common. Either they didn’t take the right steps to make it happen, or they COULDN’T take the right steps to make it happen. Maybe they didn’t have the right skills or didn’t put in the effort required.
Don’t be one of these people.
What you have right now is the direct result of the amount of work you’re putting in. If there’s a gap between where you are, and where you want to be – it’s on YOU to change it, and you need to change your mindset!
If you set your goals properly, you will end up with a clear vision of what you want to achieve, a view of what practical steps you are going to need to take to get there, and an action plan of all the steps you need to take.
If once you’ve done this, you recognise that you need funding to make any of the steps happen, then I can help.
I’ve funded deals for businesses in so many sectors, from startups to established businesses that are expanding or moving into new markets, and there’s not a problem in business I haven’t dealt with first-hand.
So if you’ve got ambitious goals, and need funding to make them a reality, let’s talk!
How to Make £100K in 5 Easy Steps – No Fluff, Just Results!
What would you do with an extra £100,000, if you had it? Take that dream holiday? Buy your dream home? Finally quit the 9-5 and start your own business? Whatever it is, one thing’s for sure, making six figures isn’t just for Wall Street wolves or Silicon Valley geniuses. It’s for YOU.
Matt Haycox knows this firsthand. From a broke entrepreneur drowning in debt to a self-made millionaire funding businesses across the UK, he’s been in the trenches. And if there’s one thing he’s learned, it’s that making money isn’t magic, it’s a method.
So, if you’re ready to stop wishing and start earning, buckle up! Here’s your 5-step roadmap to hitting £100K , no fluff, no excuses, just results!
Step 1: Choose Your Money-Making Method
Let’s be honest, if making money were easy, everyone would be doing it. But here’s the thing: it IS easy when you have the right method. The problem? Most people either overcomplicate it or wait for the “perfect” opportunity.
But not you. You’re here because you’re serious about making money, whether it’s an extra £100, £1,000, or scaling up to six figures. And the first step? Choosing a money-making method that actually works for YOU.
You don’t need a fancy degree. You don’t need a trust fund. You just need a proven way to start earning.
Here are some battle-tested ways to make money fast:
1. Freelancing – Get Paid for What You Already Know
Do you have a skill? Writing, graphic design, coding, video editing, or even social media management? If yes, you’re sitting on a goldmine. People are paying good money for skills you might take for granted.
Think freelancing isn’t lucrative? Think again.
- Have you ever heard of Steven Bartlett? Before building his multimillion-pound brand, he was just a broke uni dropout with a laptop. He started offering social media management services, built a reputation, and BOOM, he’s now a household name.
- Matt Haycox himself didn’t start with millions. He leveraged his skills in business and finance to create multiple income streams, now he funds businesses and helps entrepreneurs grow.
You don’t need to be famous to make money online. Freelancing websites like Upwork, Fiverr, and PeoplePerHour connect you with clients ready to pay.
The realistic earning potential? £100+ per gig, depending on the skill. Some freelancers charge £50 per hour, or more!
2. Flipping Items – Buy Low, Sell High, Repeat
Ever watched The Apprentice and seen contestants scramble to flip products for a profit? That’s not just a TV stunt, it’s a real-world money-making machine.
People can’t resist a good deal. And if you can find items for cheap and sell them for more, you’re making pure profit.
Here’s how you do it:
- Raid your home – That old iPhone in your drawer? That designer bag collecting dust? List them on eBay or Facebook Marketplace. Instant cash.
- Thrift shop finds – Ever heard of Gary Vaynerchuk? He started by flipping garage sale items. You can do the same with second-hand stores, charity shops, and car boot sales.
- Retail arbitrage – Buy discounted items from stores like TK Maxx, then resell them online for a profit. Some sellers make thousands doing this.
Realistic earning potential here: £20-£100 per item, depending on what you’re selling. A few good flips and you’ve hit your goal!
3. Side Gigs – Get Paid for Simple Tasks
Not everyone wants to learn a new skill or deal with online sales. That’s fine! You can still make money through simple, everyday tasks.
Here are a few ways to earn quick cash:
- Dog walking & pet sitting – People LOVE their pets but don’t always have time. Apps like Rover can get you started.
- House cleaning & odd jobs – Handy with a mop? Offer cleaning services. Sites like TaskRabbit connect you with people who need help.
- Delivery driving – Got a car or bike? Deliver food with Uber Eats or Deliveroo and make cash on your schedule.
- Tutoring – If you’re good at math, English, or even music, parents are willing to pay for extra lessons.
Earning potential: £10-£50 per task. Do a few in a day? You’re already hitting your first £100!
4. Passive Income – Money While You Sleep? Yes, Please.
Want to make money without trading hours for cash? Passive income is your best friend.
Here’s how:
- Cashback apps – Use apps like TopCashback or Quidco when you shop and get money back, easy!
- Affiliate marketing – Promote products online and get paid a commission for every sale.
- Digital products – Create an ebook, online course, or printable template, sell it over and over again!
Earning potential: £50-£500 per month (and it grows over time).
Step 2: Set a Timeframe
Alright, you’ve picked your money-making method. Now, let’s talk about time.
Here’s a hard truth: “I’ll do it someday” is the same as “I’ll never do it.”
If you don’t give yourself a deadline, you’ll keep pushing it back. And before you know it? Another year has passed, and you’re still stuck.
But not this time. This time, you set a goal, and you hit it.
Break It Down: The £100 Plan
- Want to make £100 in a week? That’s just £14 per day.
- Want £1,000 in a month? That’s about £33 per day.
- Aiming for £100K in a year? That’s £8,333 per month.
Sounds more doable when you break it down, right?
Deadlines = Focus = Results
Remember how Matt Haycox turned his business failures into success? He didn’t sit around “waiting for the right time.” He set aggressive goals, worked like hell, and made it happen.
Want proof?
- When Matt went from being broke to running successful businesses, he didn’t hope for success, he created a plan and executed it.
- Big brands, investors, and even celebrities work with him because he understands money and how to scale fast.
If you want real financial freedom, you need to start thinking like a high-performer. Set deadlines. Stay accountable. Make it happen.
Your Challenge: Make £100 This Week!
If you’re serious, set a deadline for making your first £100.
Example plan:
- Day 1-2: List and sell unused items.
- Day 3-4: Complete side gigs (deliveries, freelancing, surveys).
- Day 5-7: Use cashback apps, promote affiliate products, or start a long-term gig.
See? Simple. Achievable. No excuses.
Step 3: Take Action – Start Earning!
Thinking makes ZERO money. Action does.
You could sit around researching for months or you could make £100 right now.
Here’s how:
- Sell Unused Items – Got old gadgets, designer clothes, or furniture collecting dust? Sell them on eBay or Facebook Marketplace, cash in hand by tonight!
- Offer Local Services – Got a car? Try Uber or food delivery. Good at fixing things? Offer handyman services. Even dog walking pays!
- Try Gig Work – Sign up for freelancing platforms and land a quick job TODAY. Writing, social media management, or even virtual assistance, people are hiring!
- Rent Out What You Own – Spare room? List it on Airbnb. Got a car? Rent it out on Turo. People will pay for what you already have!
The faster you take action, the faster you see results. No more waiting. DO something today!
Step 4: Optimise & Increase Earnings
Making £100 is easy. Making £100,000? That’s where strategy comes in.
Most people settle for one income stream. But the wealthy? They stack multiple.
Here’s how you can earn more, faster:
- Raise Your Rates – If you’re freelancing or offering services, don’t stay cheap. Increase your prices as you gain experience.
- Sell Smarter – The difference between a £10 sale and a £1,000 sale? Where and how you sell. List high-value items in the right places.
- Use Multiple Platforms – eBay and Depop. Fiverr and Upwork. Airbnb and Booking.com. Don’t rely on one source, spread out!
- Leverage Passive Income – Ever heard of affiliate marketing? Blogging? Digital products? These things make you money even when you sleep.
Think bigger. Work smarter. The goal isn’t to hustle forever, it’s to earn more in less time.
Step 5: Repeat & Scale Up
Once you hit £100, you’ve unlocked the system. Now? Scale it.
- Reinvest your profits. If flipping items worked, invest in bulk inventory. If freelancing is your thing, build a brand and charge more.
- Automate where possible. If you’re making money online, find ways to streamline. More automation = less work.
- Think long-term. Want serious wealth? Start a business. Matt Haycox went from entrepreneur to investor because he scaled. He didn’t stop at small wins, he kept reinvesting and growing.
Making £100K isn’t a dream, it’s a formula. And now you have it.
Ready to Make It Happen?
At this point, you have zero reasons to say “I don’t know where to start.”
Let’s be honest, most people won’t do this. They’ll read this, nod along, and then go back to scrolling social media.
But YOU? You’re different.
You now have the exact steps to go from making £100 to £100K. The only thing left? ACTION.
Will you take action? Or will you keep scrolling, waiting for “someday”?
So here’s the deal, you can do this alone OR you can fast-track your success.
If you’re serious about scaling a business or need funding to take your side hustle to the next level, Matt Haycox is your guy. He’s helped countless entrepreneurs turn their ideas into serious money, and YOU could be next. Ready to make real money? Talk with him!
