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$2000 per month from his AI quiz generator 🤖
Welcome to a fresh edition of eBiz Insider, my free newsletter packed with tips, insights and opportunities to build your online business.
Today...
$1 Million Business Teaching Parents How To Teach
Coffee Website Replaced Their Full-Time Income
$2000/Month From His AI Quiz Generator
Flight Time Really Matters
Self-Promotion Is Not A Selfish Act
Her Fat Positive Newsletter Earns $175K Per Year
$40K/Month With Line Drawings of Unicorns (And Other Things)
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$1 Million Business Teaching Parents How To Teach
Spencer Russell built a thriving online business in an unusual niche: teaching toddlers to read 📖
According to a recent interview, Spencer has built his Toddlers Can Read brand into a 7-figure business in just 2 years 💰
He mainly sells courses – see them all here – that teach parents how to teach their children.
Spencer was heavily influenced by the book Good to Great by Jim Collins, which recommends focusing your entrepreneurial efforts at the intersection of three criteria 👇
Something you can be the best in the world at
Something you're excited to do
Something that can provide for your family
Spencer had already taught his 2-year-old son how to read, and his market research looked promising…
he found very few [online courses] tailored specifically to building early reading skills for the toddler demographic.
Despite the massive market of anxious parents eager to prepare their children for kindergarten and beyond, this narrow sub-niche appeared wide open.
After an intensive period of learning about online marketing and course creation…
Spencer pieced together a basic course and began collecting pre-orders at $49… He promoted it verbally to his network of friends and family.
But he didn't see any sales coming in for the first few days 😔
From the YouTube version of the interview…
I cried in that period of 3 or 4 days of no sales… but to me there was never this concept of this is going to fail in general. It's just, this launch didn't work, this strategy didn't work.
… it sucks, and then you bounce back. You're like, okay, what do I do next, what's the thing I need to do to fix this and make sales.
Spencer ended up making 30+ pre-sales, and that was enough to get some feedback and figure out how to improve…
My takeaway from that was I need to make it more engaging and make it easier to access.
He revamped the course for mobile devices and recorded higher quality videos, optimizing the experience for busy parents on the go 👍
Spencer also got busy building an audience on social media, particularly TikTok.
The 17th video he posted on TikTok went viral, and has racked up 1.8 million views to date 🔥
Spencer's channel now has more than 900K subscribers and 7 million likes.
Sounds like he has spent a lot of time getting to know the TikTok algorithm…
If a particular video underperformed, Spencer broke down the data to determine exactly why.
“How many people were still watching after one second? What was the angle? Was there a kid in the shot? Where were the captions? Was it a negative hook?”
A nice productivity hack from Spencer is the "11am rule"...
he ignores messages before 11:00am to reserve mornings for strategic work. This discipline enables him to effectively scale the business.
Coffee Website Replaced Their Full-Time Income
Today's email is brought to you by The Authority Site System (TASS).
I've now done in-depth reviews of 40+ popular affiliate marketing courses, and TASS ranks #1.
That ranking isn't just based on my own extensive experience with the course – the 49 student reviews we've collected have the biggest say in the ranking 🤩
A recent review…
My wife and I worked through the material and found it immensely helpful. Based on the AH training, we began The Coffee Folk, an affiliate marketing website. It started slowly, but reached the point that it was earning around the amount either of us would make with our full-time jobs.
$2000/Month From His AI Quiz Generator
Ramsri Goutham Golla is the founder of Questgen, an AI-powered tool that generates quizzes from text prompts 🤖
He tweeted back in April…
Questgen.ai has been a really interesting journey for me!
1. Released an open-source GitHub library (700+ stars)
2. Made a course from the open-source library on Udemy (10k $+ in revenue)
3. Finally made the course into a SaaS (1600$ MRR)
A 3 yr journey of part-time independent research!
Sounds like he never intended to build a SaaS (software as a service).
But his GitHub library became popular and formed the base for his Udemy course 👀
Looks like he launched his SaaS in August 2021.
Here's how Ramsri finds customers for his products…
Every month I get about 1500 new signups combined for the apps Supermeme.ai and Questgen.ai
I get ~400$ in NLP course sales with very little publicity about it.
All with 0$ for marketing
How?
I drive 18k blog views every month on Medium and plug relevant links as necessary
Check out his Medium posts here.
Ramsri recently tweeted an update about Questgen…
Just hit 2000$ MRR 🚀
Solo, bootstrapped, and a fractional work side project! 85% profit margin. No affiliate pay. Growth via SEO. No recurring cost of customer acquisition (paid ads etc)
He adds…
I wrote blogs on Medium + have a GitHub repo on Questgen where I open-sourced some previously built tech (2 years ago). These are the main drivers of growth.
After some traffic, I optimized my landing page and added a lot of auxiliary pages to my main website for discoverability and SEO. It has been a slow and long journey.
Ramsri also recently published this article…
He’s done well to build up his business over time, improve his skills, and develop multiple income streams 💪
His #1 tip for earning a living online…
Write blogs and create videos. Post your learnings on social media. If you are an expert, educate the audience. If you are an explorer, be their guide in saving time and energy.
Do it for 1–2 years straight. Without any expectations or rewards. You will build authenticity with content and affinity with frequency.
Flight Time Really Matters
🗂 From the archive, published April 2019…
In a recent appearance on the ID10T podcast, Penn Jillette – you know, the comedic magician dude, half of Penn and Teller – talked about how important it is to simply put in the time working on your craft.
He and Teller have apparently done 12,000 shows together over the decades, “more than the Beatles, the Stones and Bob Dylan all together… by a factor of five.”
Jillette went on to give the analogy of pilots learning to fly…
When you want to be a pilot, all they care about is flight hours. They don’t ask you, have you flown in many storms? They don’t say, what are your goals for the future? They just say, how many hours have you sat in the cockpit while this plane has been in the air? Flight time really matters.
With that in mind, are you putting in the “flight time” for building your online business?
You don’t have to work 60 hours a week – that’s crazy and unsustainable – but you should be clocking the time consistently.
If you’re struggling to find the time, here’s an article and video to see you right: