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- His AI tool earns $10K per month (but not how you think) 🤑
His AI tool earns $10K per month (but not how you think) 🤑
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eBiz Insider
Hey, it's Niall 👋
I've given the newsletter a new lick of paint for this edition.
What do you think?
Let me know via the links at the bottom of the email 🙏
Aside from that, we've got the usual dose of business ideas, tips and insights in this edition.
Enjoy!
Niall Doherty, eBizFacts.com
Contributor: Fardeen Khan
SOLOPRENEUR | BUSINESS IDEAS
His AI Tool Earns $10K/Month (But Not How You Think)
Remember PressPulse AI?
🤖 It's an AI-powered HARO notification tool built by Elvis Sun that we featured back in December…
PressPulse AI basically helps you get mentioned in (and linked from) media publications 😎
Elvis was at about $1000/month back in December, and he recently tweeted…
I finally hit $10k/mo.
Climbing from $1k to $10k took 5 months and nearly burnt me out.
Because it's a totally different ball game.
The surprising part: PressPulse AI only makes $2000 per month directly.
Elvis is earning the other $8K/month via a HARO link building service 💰
With that service, he's essentially using his own tool to get results for clients.
He reveals how he grew the service business in a recent article 📝
Two things you can read more about there…
Using an AI agent to build an email list of 19,000 prospective clients
Pitching that list with personalized cold emails (example)
But my key takeaway here: people prefer to pay Elvis to use his tool on their behalf, rather than use it themselves.
Even though it would be much cheaper to do the latter.
And I believe that's true of many popular tools: people know they could get good results if they used it, but they simply don't have the time ⏳
And so they're happy to pay someone good money to use the tool for them.
With that in mind, consider using a tool like PressPulse AI to start your own service business 🧐
Elvis has laid out the entire blueprint for you.
Another idea here: have you developed your own internal tool or process that delivers great results?
If so, could you create a service business around that? 🤔
PRODUCTIVITY | SPONSORED
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BUSINESS IDEAS | PRODUCTIZED SERVICE
Simple Service Business: Zero to $15K/Month in 4 Months
Bohumil Pokštefl from Bratislava 🇸🇰 is the co-founder of Deal Harvest, which he describes as…
Deal Harvest is a social selling agency for LinkedIn, catering primarily to B2B tech companies with high lifetime values for clients
In a recent interview, Bohumil says they launched the business this past February and…
4 months later we got to 8 clients, a monthly recurring revenue of 14,000 euros [$15,000 USD] and we're signing more clients… It's working quite magically.
🧐 What they do exactly…
1. We gain a deep understanding of the latest trends and topics from your industry.
2. We conduct a 30-minute interview every month to capture your unique insights as a thought leader.
3. We create and publish the content on your behalf.
🚀 Bohumil explains how the business came to be…
I was using a ghostwriter on LinkedIn during my tenure as CEO at Kontentino. It worked fairly well… So, we thought we could improve upon this and tested our approach with [another business] for three months, which yielded positive results.
Then…
Our first customers came from my network of B2B tech founders. I approached them with questions about their operations, sales cycles, and LinkedIn strategies. When I introduced our solution, they found it to be a good fit with their needs and current trends.
Bohumil has a decent following of 6,000+ on LinkedIn.
💬 His advice for anyone starting out…
It's not about the idea; it's all about execution.
You can have competitors and still win in the market by taking a slice of the pie. In fact, having competitors is a good sign because it means there's a market.
You don't have to be completely unique or one of a kind.
With that in mind, you could go offer the same service as Deal Harvest on LinkedIn.
And there's likely opportunities to do something similar on other social networks, or even in podcast format 🎙️
We recently covered a business doing a version of this for clients on YouTube…