How to make $5,000/mth online (no advanced skills required):
Let's address the 800lb gorilla in the room first...
Everything I lay out ahead takes work & time.
No get-rich-quick schemes here.
But.
It is simple. Anyone can do it.
There are plenty of ways to make money online.
Today I'll guide you on building & monetizing an audience.
Everything I lay out ahead takes work & time.
No get-rich-quick schemes here.
But.
It is simple. Anyone can do it.
There are plenty of ways to make money online.
Today I'll guide you on building & monetizing an audience.
1. Identify your "Intersection of Income"
It's not enough to just create content about what you love.
You must create content at the intersection of:
• Your expertise
• What's profitable
• What resonates
Identifying this early enables you to build a profitable audience!
It's not enough to just create content about what you love.
You must create content at the intersection of:
• Your expertise
• What's profitable
• What resonates
Identifying this early enables you to build a profitable audience!
2. Study those successful in your niche
"It's good to learn from your mistakes. It's better to learn from other people's mistakes." — Warren Buffett
Don't repeatedly fail until you figure it out on your own.
That will make you broke.
Cont. ↓
"It's good to learn from your mistakes. It's better to learn from other people's mistakes." — Warren Buffett
Don't repeatedly fail until you figure it out on your own.
That will make you broke.
Cont. ↓
"If I am great, it's because I stand on the shoulders of giants" — Sir Isaac Newton
Study the crap out of the best in your niche and model them;
• How they write their hooks
• Content topics
• How they format their posts
• Publishing cadence
Learn. Emulate.
Study the crap out of the best in your niche and model them;
• How they write their hooks
• Content topics
• How they format their posts
• Publishing cadence
Learn. Emulate.
3. Strategize monetizing your audience
By now you're ahead of most people.
Most people fail at the start by not executing steps 1 and 2 effectively.
Common monetization models:
• Digital products
• Consulting
• Sponsorships
• Affiliate income
Cont. ↓
By now you're ahead of most people.
Most people fail at the start by not executing steps 1 and 2 effectively.
Common monetization models:
• Digital products
• Consulting
• Sponsorships
• Affiliate income
Cont. ↓
Research what's profitable in your niche.
Strategize how to incorporate revenue-producing content into your content.
Don't monetize too early.
Get audience growth rolling first then monetize once you have credibility.
Strategize how to incorporate revenue-producing content into your content.
Don't monetize too early.
Get audience growth rolling first then monetize once you have credibility.
4. Become a master of copywriting
Copywriting is one of the most important skills in building an audience.
And creating great copy is dam hard!
It used to be anyway.
Work with an AI writer like Jasper to turn your writing into captivating content.
Copywriting is one of the most important skills in building an audience.
And creating great copy is dam hard!
It used to be anyway.
Work with an AI writer like Jasper to turn your writing into captivating content.
5. Create valuable content consistently
Value + Consistency = Growth
Focus on providing your niche as much value as possible.
Be diligent with your consistency.
These are the two most important pillars of building an audience!
This took me from 0-100k in 10 months.
Value + Consistency = Growth
Focus on providing your niche as much value as possible.
Be diligent with your consistency.
These are the two most important pillars of building an audience!
This took me from 0-100k in 10 months.
6. Own your audience instead of renting
Building an audience on a social platform is a rented audience.
Start a newsletter to own your audience.
Redirect platform traffic → owned traffic.
Do this with an autoplug to a lead magnet or directly to your newsletter.
Building an audience on a social platform is a rented audience.
Start a newsletter to own your audience.
Redirect platform traffic → owned traffic.
Do this with an autoplug to a lead magnet or directly to your newsletter.
7. Leverage your owned audience
Newsletters are a perfect channel for selling.
Subscribers have a strong relationship with you.
Leverage it:
• Don't build/sell a product
• Find out what they want
• Build & sell them that product
Newsletter sponsor revenue is large too!
Newsletters are a perfect channel for selling.
Subscribers have a strong relationship with you.
Leverage it:
• Don't build/sell a product
• Find out what they want
• Build & sell them that product
Newsletter sponsor revenue is large too!
8. Scaling
The difference between a $1,000/mth and $20,000/mth is scaling.
The main factor behind scaling this model is TIME.
Content Creation Process + Time = Large Audience and Income.
The difference between a $1,000/mth and $20,000/mth is scaling.
The main factor behind scaling this model is TIME.
Content Creation Process + Time = Large Audience and Income.
Summary:
Building & monetizing an audience is actually simple.
And the process of taking it from $1k to $20k/mth is mostly the same.
But simple doesn't mean easy.
It takes hard work & time.
Most fail at the starting blocks, get the initial steps right & your on your way.
Building & monetizing an audience is actually simple.
And the process of taking it from $1k to $20k/mth is mostly the same.
But simple doesn't mean easy.
It takes hard work & time.
Most fail at the starting blocks, get the initial steps right & your on your way.
If this thread was helpful to you:
1. Follow @ChrisStaud for more content on building digital businesses.
2. Like & Retweet the tweet below to share it with others 👇
1. Follow @ChrisStaud for more content on building digital businesses.
2. Like & Retweet the tweet below to share it with others 👇
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