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- Zero to $40K per month in less than 6 months 🚀
Zero to $40K per month in less than 6 months 🚀
Welcome to a fresh edition of eBiz Insider, my free newsletter packed with tips, insights and opportunities to build your online business.
Today...
Zero to $40K/Month in Less Than 6 Months
Use This to Create a Short Video in 3 Minutes
$6000/Month From Her Niche Crochet Blog
Positivity Podcaster Earning $5200/Month
$120K/Year Being The Help He Didn't Have
Latest Momentos
$420K/Year Repurposing Content
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Zero to $40K/Month in Less Than 6 Months
👉 Check out AutoShorts, self-described as…
Faceless Videos on Auto-Pilot. Our powerful AI video creation platform allows you to fully automate a faceless channel.
See their YouTube channel for impressive examples of videos made with their software 🤯
I gave it a try myself and was able to generate an impressive demo video in about 3 minutes.
And channels like Steller Sagas (405K subscribers) show that there's an audience for this kind of content 📈
AutoShorts founder Eric Smith recently shared how the business has grown…
Dec 20th: Idea formed.
Feb 1st: First subscriber.
Feb 28th: 1K [monthly recurring revenue].
March 16th: 2K MRR.
…
May 5th: 30K MRR.
May 13th: 40K MRR.
I had no idea Autoshorts would be this popular during the first ~$1k MRR… then it snowballed all of a sudden. Keep grinding 🤷♂️
💡 How Eric came up with the idea…
It was something I wanted for myself. So I just built a quick and dirty MVP that I would use and then built features for customers as they trickled in.
Gaining traction…
Initially it was Facebook ads, then more recently it has been through affiliates and word of mouth.
Also…
As we got more users they started making YouTube videos sharing the SaaS, which sorta snowballed on its own.
He's likely referring to videos like these 👇
Eric's business expenses…
Costs come in at about $10k per month. Biggest part of this are server costs, costs to run AI models, and Fb ads.
So he went from $0 to $40k with AutoShorts in less than 6 months, with a 75% profit margin 🚀
While you could try growing a channel like Steller Sagas with this software, methinks a more reliable way to make money here would be to offer AI video creation as a service.
Armed with this software, it's pretty easy to crank out shorts for clients 😎
You could even create a demo video for them in a few minutes, use that to pitch them on your service.
Use This to Create a Short Video in 3 Minutes
Today's email is brought to you by AutoShorts 🤖
Yep, that's the software mentioned above.
Sign up for a free account and create a video within minutes 🚀
(You can only download/post videos with a paid account, but paid plans are quite cheap, starting at $19/month.)
Again, I think there's a great opportunity to build a service business off the back of software like this 👍
$6000/Month From Her Niche Crochet Blog
Arunima Goel is the founder of KnitterKnotter, a website all about Tunisian crochet 🧶
In a recent interview, she reveals…
On average, I make around $6,000 per month, with most of it coming from pattern and course sales.
🧐 The origin story…
I learned how to crochet when I was in high school but I didn’t really do much with it until about 15 years ago, when I picked it up again and re-taught myself using YouTube videos.
Then…
KnitterKnotter happened by accident, when my husband and best friend encouraged me to share my crochet work with others.
I’ve been a full-time crochet designer for a little over 5 years now. I focus on Tunisian Crochet, which has been picking up in popularity lately.
Arunima started sharing her work on social media, and her audience began to grow 📈
Before she monetized…
The next step was to pick a niche, and I found that the crochet community had a lot of well-established designers. Finding an audience in that space would not be impossible, but it would be very hard, so I decided to focus on Tunisian Crochet instead.
🤑 To make money…
I considered selling crocheted products, but I quickly realized that it wasn’t a very scalable business model, so I shifted my focus to creating and selling crochet patterns instead.
However…
I didn't make any money for the first 3 years, but the business has grown significantly in the last two years.
To the point that it's now a $6k/month business 💰
Arunima's main marketing strategy is…
… building relationships and keeping customers engaged. Repeat customers are most valuable to me. I focus on connecting with my audience as much as possible…
One strategy that has been very successful over the years is to host a yearly crochet (called a Crochet Along, or CAL) event, where people crochet a product together over the course of a year.
💬 Her advice for others…
Prioritize progress over perfection. It's okay to start small and improve over time.
I like how Arunima's business is built on something she enjoyed doing as a teenager, and got back into as an adult.
Could you do something similar with an old hobby? 🤔
🗂 Positivity Podcaster Earning $5200/Month
From the archive, published May 2023…
Henry G started a podcast back in February 2018 🎙
He was off and on with it for a while, then relaunched it as The Positive Mindset Podcast in March 2020.
He’s done several hundred episodes overall, usually uploading a new 10-15 minute episode every weekday. All time, the podcast now has about 5 million downloads 📈
In a recent video, Henry talks about monetizing his podcast with Spotify for Podcasters (formerly Anchor)…
I’m making around $5000 [per month] and that’s just from Spotify for Podcasters. I still have sponsorships outside of that [as well].
Later in the video he says the number is actually about $5200 per month 🤑
You can learn more about Spotify for Podcasters here. The program basically makes it easy to have ads on your podcast, and they also provide some other monetization options.
But to use Spotify for Podcasters your podcast has to be hosted on Spotify and most of the monetization options are only available for US podcasters right now 🇺🇸
Also worth noting that it took a lot of work for Henry to get to $5000/month.
He has a video from January 2022 – almost 2 years after he relaunched his podcast – where he showed his total ad earnings to be only $13,418 up to that point…
He emphasizes again there that those ads were NOT his only source of revenue from the podcast, but I suspect they were the bulk of it.
One last video from Henry where he gives some tips for growing a podcast…
Including 👇
I created 2793 minutes of new content so far this year and that’s 99% more than creators in my category… I do an episode five days a week…
Five days a week for a whole year… imagine how good you will be if you committed to your podcast or your show every day, or five days a week for a year, or two years, or three years. You would get so much better…
It’s really about consistency and not needing [to see] results right away. If you want to hit it big within the first year, podcasting is probably not for you.
I’d say the same applies to pretty much every kind of business.
Find something you’re happy to stick with for the long haul, and you’ll have a big advantage 💪