What's the best way to get to your first 1,000 dollars?
It really depends on what you're good at and what type of business you're trying to build.
Here are a few ways to reach that goal.
1. Consulting / Coaching
You can charge premium prices for helping others accomplish a specific goal. Maybe you're a personal trainer or have extensive knowledge about stock trading.
People are willing to pay hundreds of dollars to get advice from an expert. This may work for your market, or it may flop if you're teaching people how to knit. (nothing against knitting)
All you need is a handful of high paying clients to get to 1,000 bucks. 10 clients paying $100 for your time = $1,000. You just need to be comfortable charging that much.
2. Information Products
Selling ebooks, courses and membership sites is also a great way to earn. Depending on how much you're charging for your products, you may only need a few customers to reach your $1,000 goal.
Think about it. If 26 people buy your $39 product, you're doing great. Again, pricing will be different for different markets, but you get the idea.
My ebook Blueprint course goes into pricing and launching for a big pay day.
3. Freelancing
Maybe you have a skill that other people need. Web design, programming, website development, and content creation are just a few that come to mind.
I don't really like freelancing, but I've done it in the past. It brings in a good amount of money for a few hours of work. If this is something you enjoy doing, then you can build a good business doing work for other people.
The business model that I enjoy working on the most is, of course, information products. Why? Because you can scale it and automate it.
...and when you're building online, scale and automation are your friends.
Hope you got something out of this email. If you have any questions, feel free to hit reply and ask me.
- Hector
PS. don't forget that you can use the code: newsubscriber to save big on Ebook Blueprint. (friendly reminder)
Enjoy your weekend. :)
No comments:
Post a Comment