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It& #39;s a Game of Numbers
You don& #39;t have to be
- most creative
- most original
- super skilled
- lucky
to make a $2000/month online
You just need to understand the power of math.
// A THREAD //
You don& #39;t have to be
- most creative
- most original
- super skilled
- lucky
to make a $2000/month online
You just need to understand the power of math.
// A THREAD //
Say, you start making websites (like me).
It takes you one month to learn the basics and get first reference from a friend who you made websites for free.
Then you start to outreach.
You target cleaning companies and propose a website for $600 ( very cheap)
It takes you one month to learn the basics and get first reference from a friend who you made websites for free.
Then you start to outreach.
You target cleaning companies and propose a website for $600 ( very cheap)
You are terrible at closing and people don& #39;t trust you as you are new
Fortunately, there is still some math to do...
You start to outreach to 15 clients a day first thing in the morning (2 hours)
That& #39;s 450 clients/month
Let& #39;s say just 10% of them are interested
Fortunately, there is still some math to do...
You start to outreach to 15 clients a day first thing in the morning (2 hours)
That& #39;s 450 clients/month
Let& #39;s say just 10% of them are interested
We have 90 ppl interested in your offer/month
You are a newbie and rather a terrible closer so you close only 4,5% of interested clients
That& #39;s 4 clients a month
You are a newbie and rather a terrible closer so you close only 4,5% of interested clients
That& #39;s 4 clients a month
Have you noticed?
You are a total newbie and terrible closer
and yet...
You sell a $2400 worth of websites (profit) and 4 x $25 monthly maintenance fees (in your 2nd month!)
PS. I may be lucky but I stopped outreach when I closed $2000 in first two weeks doing outreach...
You are a total newbie and terrible closer
and yet...
You sell a $2400 worth of websites (profit) and 4 x $25 monthly maintenance fees (in your 2nd month!)
PS. I may be lucky but I stopped outreach when I closed $2000 in first two weeks doing outreach...
You are new and you will make mistakes
Costly ones
Some clients won& #39;t pay
You will struggle with deadlines
your process will need to be improved
your communications skills will most probably suck
So probably just about 70% of that $2400 will actually end up in your account.
Costly ones
Some clients won& #39;t pay
You will struggle with deadlines
your process will need to be improved
your communications skills will most probably suck
So probably just about 70% of that $2400 will actually end up in your account.
That doesn& #39;t matter, just be prepared
What matter is that if you keep doin outreach 15ppl/day
You can easily make $20 000 (sites) and $800+ monthly passive income (maintace fees)
in your FIRST YEAR
not bad, right?
What matter is that if you keep doin outreach 15ppl/day
You can easily make $20 000 (sites) and $800+ monthly passive income (maintace fees)
in your FIRST YEAR
not bad, right?
The real magic happens in your 2nd year tho.
Now, you have plenty of references.
You are much more skilled.
You are trusted.
So you will start to target more profitable niche/raise your prices and now sell one site for $1200 (still very cheap)
Now, you have plenty of references.
You are much more skilled.
You are trusted.
So you will start to target more profitable niche/raise your prices and now sell one site for $1200 (still very cheap)
You have also some capital now, so you can
- hire someone to do the outreach
- hire someone to help you with making the websites
That allows you to take up another skill (like copywriting, SEO, sales... that you can upsell) or make your whole process much more effective.
- hire someone to do the outreach
- hire someone to help you with making the websites
That allows you to take up another skill (like copywriting, SEO, sales... that you can upsell) or make your whole process much more effective.
Now, the math gets crazy.
I believe you can make easily $5000+ and $250+ (maintenance fee that compounds) / month in your 2nd year and probably even much more.
I will test those numbers early on my own so will keep you updated.
I believe you can make easily $5000+ and $250+ (maintenance fee that compounds) / month in your 2nd year and probably even much more.
I will test those numbers early on my own so will keep you updated.
