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Welcome to a fresh edition of eBiz Insider, my free newsletter packed with tips, insights and opportunities to build your online business.
Today...
Single Mom With Chronic Illness Earning $4500/Month
An Encyclopedia for Making Money Online
His Boring Business = $1.7 Million Annual Revenue
1000x Better Than A Great Idea
$5000/Month From His Travel Sites
Update: $10K/Month Converting Text
$182K Per Year Via YouTube
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Single Mom With Chronic Illness Earning $4500/Month
Sarah Stewart is a Glasgow-based time management coach ā°
Per a recent interview, she left her corporate job in May 2021 and now earns ~$4.5K/month.
š Origin storyā¦
I was diagnosed with Crohnās Disease shortly after my mum passed away when I was 20 years oldā¦
Soon after, Sarah's father hired a life coach to help her stay on trackā¦
Some of the first things that I started to work on with my life coach were how to prioritize my to-do list, and how to schedule my workload.
We created study schedules for my third year of university; the workload for pharmacy was intense and I was studying most weeks during term-time in addition to my classes.
She taught me how to prioritize my tasks, thinking ahead about how much time I realistically had and making sure I had a balance of work and play.
And so Sarah got quite good at managing her time. She later became a single parent, which took her time management skills to the next level šŖ
She left her corporate job during the pandemic and was training to be a life coach herselfā¦
The lightbulb moment came when I was on a Zoom call with some of my peers that I had trained with when I suddenly realized that I should be leveraging my strengths, skills, and knowledge from my corporate career as well as my lived experience and I very quickly niched into time management at this point. It felt very natural to make this pivot.
From discussions with multiple people from all walks of lifeā¦ managing time seems to be a common struggle. When I meet new people and mention that I am in the niche of time managementā¦ the most common response is āIām so rubbish with my time, I could benefit from your helpā.
Sarah monetizes in a few ways š
Sarah says about the cohort course, priced at Ā£1499ā¦
I have successfully launched this program four times over the last two years, where Iāve delivered the material to cohorts of no more than 15 people.
She addsā¦
The business is profitable, and I achieve this through multiple income streams including coaching, consulting, workshops, and events.
To date, I have served 121 customers, and my lifetime revenue is $150k. Each month the number of customers I work with varies, but I can work with 5 coaching and/or consulting clients alongside those that join my program during a launch (no more than 20 in a cohort).
My average monthly revenue is currently $4,500.
š¢ Sarah's approach to marketingā¦
I decided to play the long game with my marketing, placing a strong focus from the beginning on blogging and email marketing. The majority of my customers have been on my mailing list, where I provide value each week with my [news]letter.
Sounds like she doesnāt have a huge audience either. Instagram looks like her most popular channel, with about 5100 followers š
A nice takeaway from Sarah's storyā¦
the more organised I am in my home life, the easier it is in my work life.
True: if your personal life is a mess, itās hard to focus on work.
What are some loose ends you could tie up in your personal life so it's easier to build your business? š¤
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An Encyclopedia for Making Money Online
Today's email is brought to you by Proven Amazon Course š
That's the top-rated Amazon course on my site, with 30+ glowing reviews from students š¤©
One student calls itā¦
An encyclopedia on making money by using the internet creativelyā¦ The wealth of information and kindness in that group is next to none. I had my account for about 5 months and ended the year at $64k.
Lots of Amazon courses are super-expensive and underwhelming. Proven Amazon Course is the opposite, with the price set at only $39/month and offering a ridiculous amount of value.
š Check it out here or read my review.
ā¹ļø full disclosure | sponsorship info
His Boring Business = $1.7 Million Annual Revenue
David C. Baker is the founder of Punctuation, tag lineā¦
The leading authority on positioning, reinventing, and selling firms in the creative and digital space
David runs Punctuation with his son Jonathan.
š¬ In a recent interview, he revealsā¦
Thereās two of us. Itās a $1.7 million business, hardly any overhead at all.
š§ Apparently it's David's email list that powers the businessā¦
I feel like I could rebuild anything I wanted if I had that. I guess thatās because I have this relationship with these, at the moment, itās 13,000 people that get a weekly email from me.
Whatever I wanted to do, I could do it as long as I could tell those people what Iām doingā¦
itās also the one thing that Iāve been doing for almost 30 years, even before there were email service providers, is doing that weekly email.
David's approachā¦
Letās say I go to a website, and something intrigues me, and I kind of want to read this .pdf theyāre promising me.
But I know that nine times out of 10, Iām gonna be disappointed, and that Iām going to be dropped into some stream, or theyāll try to convert me to something else.
It just annoys me! So I just donāt do that to people.
š And he likes to take it slowā¦
Iāve been doing it for many years. I love helping people. Iām going to keep giving away what I hope is useful content.
And if you need to talk with me next week, or 10 years from now, thatās totally fine. I want to wait until you really need me.
He addsā¦
If you look at the growth of my email list, it seems somewhat like a failure, as itās been around for two and a half, three decades, and itās only 13,000. But itās more about the quality of the list than it is the quantity.
Only 13,000 people, but through the relationships he's built with his subscribers, the business does $1.7 million in annual revenue š¤Æ
Goes to show that you don't need a big audience to earn big money.
Especially if you're focused on providing value and willing to play the long game.
Wrapping it up with a fitting quote from Mark Manson, via one of David's articles š
The older I get, the more I realize that success at most things isnāt about finding the one trick or secret nobody knows about. Itās consistently doing the boring, mundane things everyone knows about but is too unfocused/undisciplined to do. Get good at boring.
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š 1000x Better Than A Great Idea
From the archive, published September 2022ā¦
Felix Dennis was a š¬š§ British entrepreneur who amassed a mega-fortune in the publishing industry.
Words from his book, How To Get Rich, which is much better than it soundsā¦
The follow-through, the execution, is a thousand times more important than a āgreat idea.ā In fact, if the execution is perfect, it sometimes barely matters what the idea is.
If you want to get rich, donāt sit around waiting for inspiration to strike. Just get busy getting rich.
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