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Quit his job and made 2 sales of $15,000 🤑
Welcome to a fresh edition of eBiz Insider, my free newsletter packed with tips, insights and opportunities to build your online business.
Today...
Quit His Job And Made 2 Sales of $15,000
Earn up to $250 for a 60 Minute Interview
These Tailwinds Helped Him Build & Sell For 6-Figures
Facebook Ads Blueprint From a $10 Million Fitness Brand
$1000 in 2 Weeks Via WhatsApp Groups
June Finance Report
$149 Revenue From a 1-Hour Amazon Product
👋 Before we get stuck in, a couple more short videos I published recently…
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Quit His Job And Made 2 Sales of $15,000
Deepak from India 🇮🇳 is the founder of LeanMVP, an web development agency where they partner with non-technical founders to bring their ideas to life.
He recently posted on Reddit…
📝 There he writes…
A few months back, I quit my full-time software engineering job, where I was making $5k a month.
I started my business to help founders build their products by partnering with them as a Tech Founder.
After two months of getting everything on the road, I closed my first deal of $15k, where I am working with a founder who is building an AI-based A/B testing tool for websites, graphics, and sales copywriting.
Today, I am closing my second deal of $15k more, where I will be helping a non-technical founder build Wedding Planner software.
Looks like he charges a flat $15K to develop the first working version of the product and then plans on charging a monthly retainer to maintain the software 😎
When asked how he finds clients…
I got my first client through Reddit, initially they hired us for just the landing page but trusted us with our work, and signed the complete project contract.
Checking through his profile, he has commented on a lot of people’s queries for projects and offered help, so he likely found that first client by doing this repeatedly 💬
So Deepak is basically working as a "fractional technical partner" for non-technical founders.
Could you do something similar? 🤔
If you're not all that technical, maybe you could be a fractional partner for…
Marketing
Finance
Operations
Strategy
Compliance
HR
Or something else entirely.
And you don't have to start with $15K projects. You can start small and increase your rate over time 📈
Earn up to $250 for a 60 Minute Interview
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Easy way to earn a bit of extra cash.
Check out Respondent 👈
These Tailwinds Helped Him Build & Sell For 6-Figures
Hazel Lim recently profiled Daniel Ch, a 26-year-old startup founder who’s built multiple software businesses.
One of them was Simple.Ink, a Notion website builder, which Daniel sold for 6 figures 💰
He has since acquired ThumbnailTest and runs SignHouse and r/SaaS.
📝 Hazel writes…
One of his first successful startups, Legit Check is a productised luxury brand authentication service for items like watches and sneakers…
As he had a knack for being able to tell a genuine branded sneaker from a fake one (as you do at 19!), he created a project to share guides to help others spot imitation brands…
So Daniel basically started with some simple guides, shared them for free online, and attracted a ton of people to his site 👀
Then he offered a related service and made $200,000 in the first year.
Given that experience, Daniel strongly believes that…
You should build your distribution first, before writing a single line of code (or no code).
In other words, build an audience first – or figure out a reliable way to attract eyeballs – before you go to the trouble of crafting a product or service.
Hazel adds 👇
[Daniel] said something interesting – that his second startup, Simple.Ink, succeeded only because he was building on top of a tailwind…
A tailwind is an external advantage that accelerates your progress and success. It could be a growing market trend, tech adoption changes or anything that means the market you’re operating in is growing fast.
🏄♂️ Daniel was riding a few tailwinds with Simple.Ink…
1. No-code was growing. Technical and non-technical people alike were all exploring no-code tools.
2. Everyone was building side hustles post-Covid.
3. His personal Twitter account blew up, going from 300 to 10,000 followers in 9 months.
4. But most importantly, Notion was taking off. People love using Notion to build simple websites.
So Daniel bet on the rise of Notion back in 2022 and eventually sold Simple.Ink for that six-figure sum 🥳
Not that it was a walk in the park, but…
With tailwind behind him, every effort he put in was multiplied by the simple fact that the market was growing.
With that in mind, what are the current tailwinds or popular trends in your niche?
Could be related to…
AI
Automation
Short-form video
Could you leverage those somehow? 🧐
🗂 Facebook Ads Blueprint From a $10 Million Fitness Brand
From the archive, published July 2023…
Gael Breton recently tweeted…
It’s good to see the niche site world getting into FB ads.. but I think you guys are doing it wrong.
Buying likes will get you the lowest quality audiences.
Take it from a guy who spent almost $40,000 on FB ads in the last 2 months.
Instead, you should build a low-cost info product for your niche ($7-99 depending on the niche) or a Lead magnet that leads to a sales funnel.
Then advertise with conversions as a goal.
He goes on to explain why, and uses the example of Meredith Shirk 👇
She runs ads on Facebook (see her ad library here).
The ads lead to a quiz which leads to a $29 product offer.
Gael explains…
[The product is] not a money maker, it’s just to pay back for the ads (without waiting for months)
Through her ads, she gains followers to her FB page (and Instagram profile)
Not as many as if she advertised for likes, but because the audience is selected for being “action takers”, they tend to engage highly
So now all she has to do is post organic posts to her “highly engaged followers” and they advertise for her, for free by resharing her content.
Meredith’s example is a good one to follow.
She revealed in a 2019 interview that her business had done $10 million in revenue the year before, more than 10x the previous year 🤑