Make Money Online In 2024 With Digital Products (Full Step By Step Course)
Summary
TLDRThis video script offers a step-by-step guide to creating and selling digital products as a means to financial independence. It emphasizes the shift towards the creator economy and the potential of leveraging personal expertise to generate income. The speaker shares methods for developing educational resources like ebooks and courses, utilizing technology for transcription and formatting, and strategies for monetization, including using ebooks as lead magnets for courses. The script is a call to action for viewers to capitalize on their unique knowledge and create valuable digital content.
Takeaways
- 🚀 Digital products are educational resources that can be sold online, offering a way to generate income by leveraging one's expertise and knowledge.
- 💡 The shift to the 'Creator Economy' means that individuals can get paid for creating online resources and education, making digital products a viable income source.
- 🔑 Believing in oneself and one's unique knowledge is crucial for creating and selling digital products successfully.
- 🤔 The biggest hurdle for many is the mindset shift to believe in the value of their own knowledge and the willingness of others to pay for it.
- 📚 Digital products can range from ebooks and courses to online memberships and mentorship programs, catering to various niches and interests.
- 💼 The difference between traditional business and digital products is that with digital products, one-time work can lead to recurring income without the need for constant effort.
- 📈 Digital products have the potential for high-profit margins due to the lack of physical costs associated with traditional products, like storage and inventory.
- 🌐 The internet has made it possible for anyone with a phone and laptop to create and sell digital products, democratizing the ability to generate wealth online.
- 📈 The script outlines a step-by-step process for creating an ebook and a course, emphasizing the use of technology to simplify content creation and formatting.
- 📊 The video suggests using the ebook as a lead magnet to capture potential customers' information and then upselling them to a more expensive course, demonstrating a strategic sales funnel.
- 💰 The monetization strategy involves giving away value upfront to attract leads and then offering a paid course to those who have shown interest, capitalizing on the principle of reciprocity.
Q & A
What is the main purpose of the video?
-The main purpose of the video is to teach viewers how to create and sell digital products, specifically ebooks and courses, to generate additional income.
What are digital products according to the video?
-Digital products are defined as educational resources in the video, which can include ebooks, courses, online memberships, mentorship programs, and more.
Why are digital products advantageous over traditional business models?
-Digital products are advantageous because they allow for one-time creation with multiple revenue streams, have lower overhead costs, and can generate passive income without the need for constant trading of time for money.
What is the 'Creator economy' mentioned in the video?
-The 'Creator economy' refers to a shift from traditional education and business models to a system where individuals can earn money by creating and selling online resources and education.
What is the recommended first digital product to create according to the video?
-The recommended first digital product to create is an ebook, which is a condensed, online version of a book that provides quick and potent value to the reader.
How does the video suggest choosing the target audience for a digital product?
-The video suggests choosing the target audience by considering who you were 5 to 10 years ago in your journey, as you likely have valuable insights and solutions to offer them.
What is the role of otter.ai in the process of creating an ebook as described in the video?
-Otter.ai is used to transcribe audio or video recordings into text, which can then be used as the basis for the ebook content.
How can chat GPT be utilized in creating an ebook according to the video?
-Chat GPT is used to format the transcription from otter.ai into an ebook format, organizing it into chapters and readying it for publication.
What is the recommended approach to creating a course after making an ebook?
-The video suggests using the same transcription from otter.ai, separating it into paragraphs, and then recording a 5 to 10-minute video for each paragraph to create lessons for the course.
What platform is recommended for uploading and selling the course created?
-Kajabi.com is recommended for uploading the recorded lessons and selling the course.
How should the ebook be used in relation to the course according to the video?
-The ebook should be used as a lead generation tool, offering it for free in exchange for the user's contact information, and then using this information to promote the course.
What is the importance of providing value upfront before selling a course?
-Providing value upfront, such as a free ebook, helps build trust and rapport with potential customers, making them more likely to purchase the course at a higher price.
What is the significance of the 'back-end monetization' mentioned in the video?
-Back-end monetization refers to the strategy of selling higher-priced products or services after initially providing value for free, which is more effective than trying to make sales upfront.
How can the information from the video be applied to different niches?
-The process described in the video can be applied to any niche by creating digital products that cater to the specific needs and interests of the target audience in that niche.
What are some examples of digital products mentioned in the video?
-Examples of digital products mentioned include ebooks, courses, online memberships similar to Netflix or Spotify, mentorship programs, and cheat sheets like specialized spreadsheets.
What is the potential income range mentioned for creating and selling digital products?
-The video mentions a potential income range from $5 to $110,000 a month, with some individuals making hundreds of thousands of dollars in a single day.
What is the role of Fiverr in the process of creating an ebook as described in the video?
-Fiverr is used to hire freelancers who can create and design the ebook based on the transcription and formatting provided by chat GPT.
What is the recommended length for each lesson in the course?
-The recommended length for each lesson in the course is 5 to 10 minutes, focusing on providing concise and valuable information.
Outlines
💼 Embracing Digital Products for Wealth Creation
The speaker introduces the concept of digital products as a means to financial independence, emphasizing the shift from traditional employment to the creator economy. They highlight the potential of digital products such as ebooks, courses, and online memberships, and encourage viewers to leverage their unique knowledge and passions to create resources that others are willing to pay for. The speaker stresses the importance of self-belief and the value of providing a direct path to knowledge that people are willing to pay for, rather than searching aimlessly on platforms like YouTube.
🔑 Unlocking the Potential of Digital Products
This paragraph delves into the benefits of digital products over traditional businesses, illustrating the one-time effort required to create a digital product versus the continuous work needed in traditional jobs. The speaker explains how digital products can generate passive income and how they can be stacked to increase earnings. They also discuss the absence of overhead costs and the ease of entry into the digital product market, requiring only a phone and a laptop, in contrast to the significant upfront costs associated with traditional businesses.
📚 Creating Your First Digital Product: The Ebook
The speaker recommends creating an ebook as the first digital product, defining it as a concise, valuable educational resource. They suggest choosing a niche by reflecting on one's own past experiences and identifying the needs of those who were in the same position 5 to 10 years ago. The speaker provides a step-by-step guide on how to use technology to create an ebook, including recording a conversation with one's past self, transcribing it with Otter.ai, and formatting it into an ebook with the help of AI tools.
🎙️ Transforming Voice Notes into Profitable Ebooks
The paragraph explains the process of turning voice recordings into a formatted ebook using AI transcription and formatting tools. The speaker details the steps of recording insights and advice on one's phone, transcribing the recording with Otter.ai, and then using chat GPT to format the transcription into an ebook. They emphasize the ease of this process and how it leverages existing technology to create a valuable product without the need for extensive writing or formatting skills.
🖋️ Polishing Your Ebook with Professional Design
After the ebook content has been generated, the speaker suggests enhancing its appeal by seeking professional design services on Fiverr. They explain how to find a designer, provide them with the ebook transcription, and collaborate to create an attractive and professional-looking ebook. This step is crucial for making the ebook more marketable and increasing its perceived value to potential customers.
🎓 From Ebook to Course: Expanding Your Digital Offerings
The speaker outlines the process of creating a digital course based on the transcription used for the ebook. They advise breaking down the transcription into 10 paragraphs, each becoming a lesson in the course, and recording short video lessons for each paragraph. The focus is on providing quick, valuable lessons that can be easily consumed by the audience. The speaker also emphasizes the importance of using platforms like Kajabi to host and sell the course, allowing for a professional presentation and monetization.
📈 Leveraging Ebooks for Lead Generation and Course Sales
In this paragraph, the speaker discusses the strategic use of ebooks as a lead generation tool to create demand for a more extensive offering, such as a course. They suggest offering the ebook for free in exchange for the user's contact information and then following up with these leads to promote the course. This approach is positioned as a way to build trust and provide value upfront, increasing the likelihood of a sale for the course at a higher price point.
🚀 Launching Your Digital Products for Maximum Impact
The speaker concludes by summarizing the steps for creating and selling digital products, emphasizing the importance of providing value upfront through the ebook to generate leads and subsequently sell the course. They encourage viewers to apply the strategies discussed in the video and to share the content with others who might benefit. The speaker also invites viewers to engage with the channel by liking, subscribing, and commenting with their niche or target audience.
Mindmap
Keywords
💡Digital Products
💡Wealth Creation
💡Passive Income
💡Creator Economy
💡Ebook
💡Course
💡Lead Generation
💡Niche
💡Otter.ai
💡Chat GPT
💡Kajabi
Highlights
The video offers two digital products that can be created and sold to generate additional income.
Digital products are defined as educational resources, including ebooks, courses, online memberships, and mentorship programs.
The shift from traditional education to a 'Creator Economy' is highlighted, where individuals can profit from creating online resources.
The audience is encouraged to believe in their unique expertise and potential to create valuable digital products.
The video emphasizes the time-saving advantage of digital products over traditional business models.
Digital products allow for passive income generation with potential for high earnings, unlike traditional jobs.
The absence of overhead costs in digital products is contrasted with traditional business expenses.
The process of creating an ebook is outlined, starting with choosing a target audience or niche.
Using voice recording to capture ideas for an ebook is suggested as a time-efficient method.
Otter.ai is recommended for transcribing voice notes into text for ebook creation.
Chat GPT is introduced to format transcriptions into an ebook, leveraging AI technology.
Fiverr is highlighted as a platform to hire designers for ebook formatting and design.
The creation of an online course is discussed as a second digital product, using a similar process to the ebook.
Kajabi is presented as a platform to upload and sell the created courses.
The strategy of using the ebook as a lead generator for the course is explained.
The importance of providing value upfront to increase the likelihood of course sales is emphasized.
The video concludes with a call to action to like, share, and subscribe for more financial literacy content.
Transcripts
if you're tired of working to make
somebody else wealthy and you're ready
to work to make yourself wealthy if
you're ready to see your money start
working harder for you then you work for
it and if you have a desire to give your
family the life that you deserve but yet
you're not quite there yet financially
then this is the video for you in this
video I'm going to be sharing with you
two different digital products that you
can create and sell as early as this
week then I'm going to show you exactly
step by step by step how to create them
and and then I'm going to show you after
they're created what do you do with them
so that you can begin to make an extra
$5 to $10,000 every single month before
we jump into all of that come with me
over here to the board because I want to
go a little bit deeper into why digital
products are so incredible and how they
can work for you so guys what
are digital
products okay you might be more familiar
with digital products than you know okay
digital products I like to call digital
products they are
are educational
resources educational resources okay
this can be um an
ebook right this can be a
course this could be an
online
membership like a Netflix or a Spotify
right those are those are digital
products
um this could be uh a mentorship
program this could be a uh a cheat
sheet maybe you have a really cool
spreadsheet that works amazing for you
in a particular way and you want to sell
it for whatever 20 bucks to somebody who
would love to have it etc etc right so
here's the thing guys with digital
products
now at the recording of this video we
are in 2024 so education is now shifting
from traditional education like uh going
to college or university traditional
schooling right and we are moving now
into the what what is called the Creator
economy where you can literally get paid
for creating online resources online
education and I'm telling you right now
each and every one of you watching this
right now you have spefic specific
expertise you have specific uh knowledge
you have spe specific passion you have
experience in specific areas that people
would love to pay you just for you to
help them along their Journey okay
people would love to pay you for an
ebook a course an online membership a
mentorship program Etc the biggest thing
the the biggest hurdle I would say that
you need to get over when it comes to
like well man can I create digital
products of course you can the biggest
hurdle is this you have got to believe
in yourself you have got to believe that
you are more special than you actually
realize see a lot of times my my
students come to me new students
especially they come to me like man who
would pay me like who actually wants to
buy my course or who would actually like
to join my mentorship program when you
can go out and just get all this
information on YouTube Here's a
punchline guys there are thousands if
not tens of thousands if not hundreds of
thousands if not millions of people who
do not want to go spend 47 hours
searching on YouTube and then he says to
do it like this she says to do it like
that and you have all this information
but you don't have a direct path do this
do this do this do this do this right so
for all of those people who are like man
I don't want to have to waste my time
with all this I just need a proven
system a proven blueprint and I'm
willing to pay somebody in my specific
Market in my specific Niche to just show
me how to do it those are the people
that you are going to be targeting with
your digital products okay and I'm
telling you right now from experience
I'm telling you right now from having
thousands of students online okay people
pay for information the same way that
they would pay to go to uh Harvard or to
some kind of University or college it's
it's almost the logic to say like well
who would want to pay me it's almost
like saying like well man and who would
want to pay
$100,000 for a 4-year CPA degree like I
can go and learn how to manage taxes and
manage somebody's books on YouTube well
yeah you could but there's going to be a
lot of different information and you're
not going to know the exact way to do it
not step by step and there's going to be
so many different theories and ways to
do it you'd rather just go pay for the
information that's how digital products
work there's a ton of people out there
right now who would love to pay you for
the knowledge the skill the passion the
expertise the experience that you
already have and in this video today I'm
going to show you how to put all of that
knowledge experience expertise Etc into
two different digital products okay so
come back with me here to the board so
now that we understand what digital
products
are let's check this out okay so what is
the difference
between traditional business
and digital
products oops Yeah products okay so with
traditional business I say it like
this you have to work work work work
work work and then you get paid think
about that you have to go to work for
whatever two weeks right and you're
working every single day for two weeks
some people get paid every week some
people most people get paid every two
weeks some people get paid paid every
month whatever it is but with
traditional business and a traditional
job you've got to work work work work
work work work work and then you get
paid once in a while with a digital
product however you do the work one time
meaning you have to actually create the
digital product like I'm going to show
you here in just a few moments okay you
do the work one time and then after you
create the digital product that one time
when you put it out there then you get
paid you get paid you get paid you get
paid you get paid you get the point okay
okay so with a digital product you're
actually leveraging creativity to
generate wealth instead of trying to get
money by trading your time and your
effort for dollars that's what
traditional business is all about given
more time like if you want to make more
money you got to put in more hours you
got to work harder maybe you can pick up
a double you know maybe you can put in
some overtime with a digital product if
you want more money all you have to do
is just create another digital product
and put it out there and the crazy thing
about digital products guys is you can
stack these things you could have three
ebooks you can have five courses right
and then you can take those and you can
put them together into a program um you
could do this program over here around
this Niche then you could do this
program over there around this Niche
digital products are absolutely
mindboggling crazy potential okay but
let's keep going here okay so with
traditional business here's how your
bank account looks okay your bank
account usually looks like withdrawal
withdrawal withdrawal withdrawal oops
withdrawal withdrawal withdraw and then
once every two weeks again you see a
deposit right with digital products this
is so crazy man when you start putting
your digital product out there and your
Market is really connecting with your
digital product here's what your bank
account looks like deposit deposit
deposit oops deposit deposit right and
then you have the occasional withdrawal
for whatever expense you have but I am
telling you guys and get right now
digital products are absolutely
incredible for generating passive income
online just a couple more thoughts and
we're going to jump in to how to create
these digital products okay oops this
thing's glitching out here okay so also
with traditional business you have many
many overhead expenses that you simply
do not have with digital products check
this out hey I really hope that you're
enjoying the video I want to invite you
guys I have recently created a free
training teaching people how how to make
money online my students are literally
making anywhere from $5 to $110,000 a
month and some of them even make
hundreds of thousands of dollars not in
a year but in a single day if you want
more information on how you can get
started all you need is a phone and a
laptop you can go to digital product
academy.org or you can click the link
below in the description guys after you
watch the free training if it sounds
like it might be something cool for you
to check out you can book a free call
with one of my client success coaches
and they'll be able to help you more now
back to the video In traditional
business let's say you are into
e-commerce okay what is e-commerce
e-commerce is when you sell goods online
okay like uh you buy things from Amazon
or your favorite influencer pushes that
cool pair of socks and you like go buy
the pair of socks you're probably buying
um from some kind of Shopify store
something like that but here's the thing
traditional business or if you're
selling traditional products like
whatever toothbrushes socks um deodorant
whatever you know what I'm saying
notepads pens papers whatever you have
What's called the cost of goods what is
this okay well in order for you to sell
let's say you have a um let's say you
have a camera business I'm looking at
the cameras here let's say you have a
camera business okay in order for you to
sell cameras on mass to a bunch of
people you have to purchase those
cameras hopefully at a discount right
and then bring them to your Market and
drive the cost up a little bit so you
can actually make a profit so that you
can go buy some more cameras and then
you can hopefully have enough to live
off of or maybe you whatever maybe you
sell water whatever it is the the
concept is the same you have to go buy
the thing or have have pay to have the
thing manufactured okay like maybe you
uh maybe you sell uh journals online
right well you have to go paid to get
those manufactured you have cost of
goods with traditional business
traditional products okay that's just a
normal part of business in the
traditional sense but with digital
products check this out with digital
products all you
need is a phone and a
laptop and anyone can create digital
products on their phone and their laptop
like I'm about to show you here in just
a moment okay so yes you have to
actually have these assets like a phone
or a laptop but chances are you're
probably watching this video on your
phone already right chances are you
probably have a laptop already and if
you don't own one of these things
somebody you know has one of these
things but there's not like this
gigantic cost of goods guys I'm telling
you in traditional products especially
like e-commerce or if you're selling
products online or something like that
there are thousands and thousands and
thousands of dollars not just one time
but every single time when your when
your inventory is running out okay this
goes for restaurant businesses this goes
for uh apparel companies right this goes
for um office supplies whatever it is
when the inventory starts running low
guess what you have to go pay again to
get more inventory and this is the cycle
of traditional products but guys with
digital products you just need a phone
and a laptop anyone can can make these
digital products on their phone or their
laptop and of course these these costs
you do incur them one time but after
that you don't necessarily have to have
other costs if you don't want to right
you can do everything on phones and
laptops I've recorded tons of digital
products that have made tens of
thousands hundreds of thousands even
millions of dollars just with phones and
laptops okay couple more ideas here and
then we're going to jump in okay
traditional uh traditional business or
traditional products man you've got
overhead you've got overhead cost okay
you have to worry about storage right
like where you going to hold all these
products at right um You have to worry
about staff okay like well who's going
to actually ship all these things out
and deal with customer service and who's
going to receive the packages that
didn't get delivered correctly Etc right
with digital products I'm telling you
guys you can literally do this as a Onan
show okay oneman band so all you need is
a phone or laptop of course if you want
to learn how to create digital products
um the the the cost of Education it
could be as much or as little as you
would like but you can anyone can do
this even without education it'll just
go slower but here's the thing with
digital products there's no overhead
what does that mean guys when you create
the digital product say a course or an
ebook you just upload it to the internet
and you're not paying like some storage
container over there to hold all of your
basketballs that you have in your
basketball company or whatever it is
right digital products you create them
there's no overhead you just create it
one time and it's just on the internet
right check this out
storage you don't need any
storage right no storage is needed it's
again it's just on the internet St half
because there's no overhead because
there's no storage really especially in
the beginning you don't need any staff
like I'm telling you guys right now
digital products are absolutely
incredible and the craziest part about
all this is in traditional business or a
traditional job okay if you want to make
more money you've got to work harder and
you have to work longer right you
trading your time and your effort for
dollars but with digital products I'm
telling you right now it's crazy if you
want to create more money you just
create a new digital product and you can
stack these things on top of each other
man so now that we've talked about all
this let's get into what you really came
here for and that's how to create and
sell digital products all right come
with me back to the board so what is the
first digital product I would recommend
that you create I would recommend that
you create an ebook Okay so what is an
ebook an ebook is basically an online
book it's it's not a full entire book of
like 20,000 words or anything like that
it's not um 15 chapters of a book an
ebook is is an educational resource that
brings quick awesome potent value to the
market so for instance let's say you
were a homeschool mom and you you're
firsttime homeschooling mom what if
somebody would just be like yo I've put
together the 10 steps that every new
homeschooling model wish she knew in
this ebook it's only 10 bucks chances
are you'd probably pay for it especially
if you like the person or if you follow
the person right what if you were um on
the football team or your your kid was
starting uh football and they were
really having a hard time with getting
the spiral right for throwing the
football and what if there's someone put
this thing out like hey do you have a
kid who's just getting into football who
wants to perfect their spiral so that
they could be the star of the team like
here are seven different ways or seven
different tips that your kid can improve
their spiral on their football I don't
know I'm just making all this up right
but the point is this to give those
quick awesome value packed punches to
your Market in like five steps seven
steps 10 steps Etc to where it's not a
full they don't have to read a whole
entire book but they can get this ebook
and they can skim through it it has all
the incredible points in there it's got
chapters in it maybe Seven 8 10 chapter
chter and each chapter is only like two
or three paragraphs each right every
single one of us we would rather have
fast then more what does that mean it
means that if we could read an ebook
that takes us five minutes to skim
through and be like oh these are really
amazing tips to show me how to do my
latte art right I want to be a latte
artist I wish I knew how to make those
cool designs I don't but here's an ebook
I bought it for only whatever seven
bucks 10 bucks and this ebook shows you
like the five coolest designs to make on
lattes like guys I'm telling you this
works for any Niche out there okay so
what you want to do with your ebook
there's a couple of different things you
want to do I'm going to give you step by
step by step now that you understand
what an ebook is okay so it's a
condensed version of an actual book it's
online okay and the punchline is this it
brings Speedy transformation it brings
potent value the information in the
ebook is very very awesome
because you want them to get really
really great information I would go as
far as saying put your best information
in the ebook because whenever they go
man this was incredible I can't believe
this ebook was this good I wonder if
they have something more and that's what
we're going to talk about next but come
with me here to the board what's the
first thing you got to do when it comes
to your ebook number one you have got to
choose who you want to
serve okay uh another way to think about
this is you've got to pick your Niche
right the most incredible advice I could
give you when it comes to choosing who
you want to serve in your Niche is
choose to serve the
person that is where you were 5 to 10
years ago in your journey that you're in
now okay so maybe uh you have got over
trauma right and you're like on the
other side of that mountain and you've
been healed and you're finally good
mentally and in your soul and in your
spirit in your body you're over the
trauma and you're like well I don't know
what I would help people do yes you do
every single Mountain that you've
overcome can literally now become a way
for you to serve people because exactly
like you wish that you would have known
how to get free from in this case the
trauma five years ago or 10 years ago
you wish somebody would have had a book
a coaching program a course something to
help you there's thousands of people out
there who also wish
somebody could help them and guess what
you're on the other side now maybe you
have a sneaker flipping hustle that
you've been doing for three or four
years and you make whatever three grand
a month flipping sneakers on the
internet well guess what you could put
together an ebook and serve these people
who are exactly where you were 3 four 5
10 years ago man it'd be really cool to
flip sneakers on the internet I wonder
how to do it well again no one wants to
just spend a 100 hours searching YouTube
hoping to find something they would
rather just purchase your product right
so all of this to say the best way to
choose who you want to serve the easiest
and the best way to do this is to Simply
serve who you were 5 to 10 years ago
okay choose that that group of people
because chances are you have a bunch of
answers to a lot of the problems that
they're dealing with because you've
already overcome right so that's step
number one choose who you want to serve
okay step number two
two you want to open your
smartphone open it up to the voice
recorder that was me holding my phone
open it up to the voice
recorder and remember this part
here choose you want to serve and it
should be to somebody who you were 5 10
years ago okay on step number two open
up your smartphone to the voice
recorder and have a
conversation with who you
were 5 years
ago what does that mean well I'll break
it down for you okay literally take your
your smartphone okay whatever brand you
got open it up to the voice recorder and
if I were you this is how I do it I will
sit down in a quiet place I might even
write down some notes before and I
literally open up the voice recorder and
I sit there and have a 10 15 20 minute
30 minute 1 hour
conversation pretending like I'm sitting
across the table from who I was 5 years
ago and I'll be like listen here are
five things that I wish I would have
known when I was in your shoes number
one you got to do XYZ and here's why you
want to do XYZ and here are the the
pitfalls of this XYZ in this part of the
process number two I wish I would have
known how to blah blah blah blah blah I
would suggest putting together anywhere
from three to five even upwards of 10
different points and for the ebook you
don't want to go too much like you don't
want to have like here are the 83
different points that everyone needs to
know like no one wants to read 83 points
right but you also are not going to see
much value you if the ebook only has two
points okay and I'm going somewhere with
this so I'm getting a little ahead of
myself but the conversation you're
having in your phone is very very
important because of what we're going to
do next so you're going to sit down have
a pretend conversation with a person
like you were five years ago okay talk
to the person I I basically just coach
my phone like here's what you got to do
step number one you got to do this okay
and here's why step number two you got
to do this and here's why then you're
going to take that record recing okay
step number
three after you have recorded that voice
note you are going
to
upload that
file onto a website called
otter. AI okay what otter AI is going to
do otter AI is a website by the way I
have no affiliation with them but otter
AI it's a really cool website you can
take the the audio from your your uh
phone maybe you feel more comfortable
just shooting a video maybe you feel
more comfortable not showing your face
just speaking into the phone either way
you can upload a video or an audio file
here to
otter.ai okay and then this website is
going to
transcribe everything that you just said
it's going to transcribe the whole
entire thing okay so now instead of you
feeling like oh man I have to sit down
and actually write up an ebook no no no
we're going to leverage technology okay
cuz anyone can talk into their phone you
don't even have to share your face if
you don't want to then you're to
uploaded otter AI it's going to
transcribe everything for you and here's
what you're going to do next okay you
are going to take that transcription
step number
four and then you are going
to
[Applause]
upload the transcription
guys I'm giving you for real game like
this is for real for real upload the
transcription
to chat GPT if you're not familiar with
what chat GPT is uh the website is chat
doop
ai.com okay now here's the thing you
really don't have to because as the
recording of this video we live in 2024
you don't have to sit down on a laptop
and tried to write out a whole entire
ebook this is the best and fastest way
to create ebooks guys and I'm telling
you right now I have students who are
making thousands of dollars with their
ebook I personally I have made hundreds
of thousands even millions of dollars
with ebooks using this exact model okay
so chat GPT you're going to take the
transcription that you got over here
from otter okay. a you're going to C
copy that transcription then you're
going to go over into chat GPT you're
going to paste that transcription into
chat GPT and then you are going to give
chat GPT this prompt turn this
transcription into an ebook format it
into chapters now the crazy part about
using chat GPT like this and giving it
this prompt it's literally going to take
that audio file or maybe that video file
whichever one you did that you
transcribed into OT and you give it that
prompt chat GPT is going to kick out a
whole entire ebook for you and it will
be in your voice because it's literally
going off of the transcription of your
very own words it will be mind-blowing
to you just how simple it is to create
an ebook Okay so that is the fourth step
what is the fifth step I'm glad you
asked check this out now that you have
your ebook done chat GPT just did all
the heavy lifting for you it's already
formatted it's already in chapters
everything's done for you then you're
going to
go to a website called Fiverr and it's f
i v rr.com okay you're going to go to
fiverr.com
remember two RS and you are going to
search that is not how you spell search
search create and
design oops create and
design an
ebook Okay when you search this over
there on fiverr.com there are going to
be hundreds of different options of
people pop up that literally all you
have to do is take the transcription of
your ebook and pay them whatever five
bucks 10 bucks some of them are as low
as five some of them are as much as 15
250 whatever it is right you're going to
have to go through and do your research
do I like this person's work or do I
like this person's work do I like the
ebooks that they've created or do I like
the ebooks that they've created right
then whenever you find somebody that you
like you're literally going to take that
transcription that chat GPT did for you
and you're going to hire this person pay
them their fee and literally in less
than a week they're literally going to
get back to you an incredible ebook Okay
so what I'm going to do here is I'm I'm
going to pop it up on the screen right
now check out this ebook that I did this
exact process that I'm telling you how
to do this is my ebook right here your
fastest way to 100K okay the exact steps
I gave you guys I literally put together
this ebook Okay and we literally have
generated thousands of leads and
hundreds of thousands of dollars just
from this ebook alone so congratulations
you now have your ebook done let's talk
about the second digital product that
you can create okay so come back with me
here to the board okay so now let's talk
about how to create a course guys I'm
telling you right now courses are
incredible you can make thousands and
thousands of dollars with courses there
are tons of people out there who would
love to pay you for your course if you
do it right okay how do you do it right
step number one you're going to
take the transcription
from over at otter don't get rid of that
transcription guys keep that
transcription okay take the SC the
transcription excuse me from otter.ai
okay you're going to copy the
transcription step number two you are
going to
paste the
transcription into chat GPT again oops
okay and you're going to give it this
prompt
separate this
transcription
into into
10
paragraphs okay remember don't get rid
of that that transcription from utter
this this work that you did on your
phone a little bit earlier of talking
into your phone or shooting the video on
your phone and then getting it
transcribed on Otter it's very important
okay so step number one copy that
transcription step number two now you're
going to paste that transcription into
chat GPT give it this prompt okay step
number three come with me here to the
board check this
out you are then going
to
record a five to 10 minute
video for
each
paragraph
paragraph that chat GPT gave you okay so
here's the cool part when you copy and
paste that transcription into chat GPT
and you give it that prompt okay
literally now the the 10 paragraphs that
it gets you these are the 10 lessons for
your course now all you got to do is
record a 5 to 10 minute lesson for each
of these these paragraphs okay and when
you're you might be on here going like 5
minutes 10 minutes I feel like that's
not a lot no one wants to spend hours
and hours and hours and hours and hours
and hours and hours trying to figure out
something that you can literally take
five minutes to explain to them right so
everybody on the Earth right now prefers
everyone prefers just do it quick just
show me exactly how to do this step by
step by step as fast as possible let me
ask you a question would you rather have
two hours for this lesson two hours for
this lesson you're like what do they say
and I forgot or would you rather have 5
or 10 minutes for this lesson five or 10
minutes for this lesson it's the lad
right everyone wants faster everyone
wants Speedy results so you don't have
to feel like man I have to talk for an
hour on each lesson no you don't okay so
all those 10 paragraphs that chat GPT
just spit out for you now these are your
lessons in your course hey real quick if
you've made it this far into the video
and you're liking it do me a favor share
this video with somebody that you think
might also receive some value my biggest
heart in this channel is to Simply bring
some awareness financial literacy and do
it all from a Biblical perspective so go
ahead and share the video like And
subscribe do all that stuff too back to
the video step number
four after you have
recorded uh the the 10 lessons and again
this is arbitrary right maybe you're
maybe you want to do seven lessons or 10
or maybe you want to do 15 it's really
up to you I would I would recommend not
doing any less than 10 though for a
course okay then you're going to take
those recordings and you are going to go
to a
website
called
kajabi.com
okay then on kajabi you are literally
going to upload those lessons onto
kajabi.com and now you have a course
literally on kajabi you can set the
price you can you can make it look all
nice in there it's absolutely insane
incredible what you can do with a little
bit of work and a little bit of
Technology coming together and now if
you've taken step by-step action on all
of these different things I've said you
now have two different digital products
so remember at the beginning I said I'll
show you the the products I'll show you
step byep how to create them then I'll
show you what to do with them here's
what you're going to do next okay going
to end with
this now that you have an
ebook Okay and now that you also have a
course okay the best thing you could do
I always say it like this amateurs try
to monetize on the front end but experts
know how to monetize on the back end
what does that mean a lot of amateurs a
lot of people are just starting out
they're like man I I put so much work
into this ebook like even though chat
GPT did the whole thing for me I put so
much work in this I'm going to charge
everybody 20 bucks I'm G to charge
everybody $50 right for my ebook well
that's very cool and you could do that
and I have charged people for ebooks
before but you know what's better than
doing something like
that this you're going to use your ebook
Okay actually let me make a little bit
more space in between these things
you're going to use your
ebook as a lead
generation to create needs for your
course how are you going to do this okay
remember that ebook that I had you guys
make okay you are going
to drop the
link to the
ebook in your bio maybe on Instagram
maybe on Facebook right whatever social
media you use you're going to drop the
link to the ebook in your bio and then
you're just going to start putting out
valuable content around whatever it is
that you're talking about in your market
right guys I'm here I'm a whatever I'm a
seamstress and I want to show you the
best ways how to so uh I'm a gardener I
want to actually it's pretty cool I have
a student who's a gardener and he's
taken a lot of these steps and even
deeper in our program and he is
absolutely crushed on this guys here's
how to grow your trees as fast as
possible whatever it is and then you
give value on the post and then you say
if you like this information click the
link in my bio and I want to give you my
free ebook okay so then what you're
going to do after you drop the link in
the bio okay you're going to ask them
for their
name their
email and their phone
number okay so now that they've done
this okay guess what you have
now anyone who does this step right here
you now have a lead woohoo right and so
now you have exchanged this really aw
awesome
ebook in exchange for their name email
and phone number you've exchanged value
with them okay and then as soon as they
download the ebook you can email them
you can call them and you could say
something along the lines of hey let's
just say their name is John hey John uh
if you're liking the
ebook you're going to love
my new
course
on oops you're going to love my new
course come on
on XYZ whatever your Niche is and guys
here's how it works this is so crazy
okay all of those people who are like
man this ebook is incredible now you
have all of their information you can
email them you can text them you can
talk to them directly and just say hey
how you liking the ebook I'd love to
help you more I have this course
available guys at that point you can now
sell your course not just for 10 bucks
you could sell your course for 47 bucks
$97 $ 147 200 bucks like you can sell
your course now to people who have
received your ebook why does this work
because you have now provided tremendous
value to them upfront for free in
exchange for their information and now
because you have provided value to them
they are way more highly likely to
purchase your course at a much higher
rate than just trying to sell an ebook
for five bucks or 10 bucks right anyways
guys I try to just pack this video out
with value for you if you like this
video drop some fire emojis in the
comments and let me know what Niche or
what group of people that you are going
to serve as you begin to create these
two digital products okay guys thank you
so much for watching make sure to like
And subscribe to the channel if you want
to continue to see more information like
this and stay tuned for the next video
here on the screen see you next time
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