How to Build a $53k Digital Business in 1 Year 💸 *NEW 2024* beginner's guide to making money online

Dina Lu
29 Dec 202309:59

Summary

TLDRThis year, the creator earned $53,000 through a YouTube channel, Etsy Shop, digital products, affiliate programs, and brand deals, fulfilling their dream of becoming a digital nomad. They traveled extensively through Southeast Asia and China. The journey wasn't easy, with a 5-year struggle post-quitting a 9-to-5 job. The creator advises focusing on one or two income streams at a time, testing the market before committing to a product, seeking help when needed, finding a personal work rhythm, and believing in oneself. They share their experience with a pre-sale strategy for digital products and emphasize the importance of self-care and following one's intuition for success.

Takeaways

  • 💰 This year, the creator earned $53,000 through a YouTube channel, Etsy Shop, digital products, affiliate programs, and brand deals, fulfilling their dream of becoming a digital nomad.
  • 🌍 They spent 7 months traveling in Southeast Asia and China, demonstrating the lifestyle benefits of a successful digital business.
  • 🔄 It took more than a year of hard work to achieve this success, emphasizing the importance of perseverance and gradual progress.
  • 🚀 The creator recommends focusing on one or two income streams at a time to maintain productivity and avoid spreading oneself too thin.
  • 📈 They started by focusing on YouTube and Etsy, then later expanded to brand deals and affiliate programs, showing a strategic approach to business growth.
  • 📸 The creator launched a successful 'Etsy listing photos course', highlighting the value of creating digital products that solve specific problems for their audience.
  • 🛒 They used a pre-sale strategy to test market demand for their course, which is a smart way to validate ideas before full-scale production.
  • 🛠️ The creator used Hostinger's website builder to create a sales page for their course, showcasing the utility of easy-to-use tools for digital entrepreneurs.
  • 🤝 They joined a membership program to learn about brand deals and contract negotiations, underscoring the value of mentorship and education in business growth.
  • ⏰ The creator found a work rhythm that involves working 4 to 6 hours daily, suggesting the importance of finding a sustainable work-life balance.
  • 💪 Lastly, the creator emphasizes the power of self-belief and following one's intuition, attributing their success to persistence and confidence in their abilities.

Q & A

  • How much income did the speaker generate this year through various online streams?

    -The speaker generated $53,000 this year through a YouTube channel, Etsy Shop digital products, affiliate programs, and brand deals.

  • What was the speaker's dream that they achieved this year?

    -The speaker achieved their dream of becoming a digital nomad this year.

  • How long did the speaker spend traveling in Southeast Asia and China?

    -The speaker spent 7 months traveling in Southeast Asia and China.

  • What was the speaker's first job after university?

    -The speaker's first job after university was a 9 to 5 job.

  • How many years ago did the speaker quit their job to pursue a digital nomad lifestyle?

    -The speaker quit their job about 5 years ago to pursue a digital nomad lifestyle.

  • What was the speaker's advice on focusing when building a digital business?

    -The speaker advised to work on only one or two income streams at a time to avoid spreading oneself too thin.

  • What was the first digital product the speaker created for their audience?

    -The first digital product the speaker created was a free Canva template for listing photos.

  • How did the speaker test the market for their Etsy listing photos course?

    -The speaker tested the market by doing a pre-sale, creating a sales page, and planning out the curriculum without actually making the course yet.

  • What tool did the speaker use to build their sales page for the Etsy listing photos course?

    -The speaker used Hostinger's drag and drop website builder to build their sales page.

  • What membership program did the speaker join to learn about brand deals?

    -The speaker joined Roberto Blake's membership for creators to learn about brand deals.

  • What is the speaker's daily work routine to avoid burnout?

    -The speaker starts work at around 10:00 a.m. and works until 3:00 or 4:00 p.m., totaling about 5 to 6 hours of work per day.

  • What book does the speaker recommend for improving productivity?

    -The speaker recommends the book 'Deep Work' by Cal Newport for improving productivity.

  • How did the speaker overcome a low point in their business journey?

    -The speaker overcame a low point by believing in themselves, following their intuition, and not giving up.

Outlines

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Highlights

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Transcripts

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Ähnliche Tags
Digital NomadYouTube SuccessEtsy ShopAffiliate TipsBrand DealsIncome StreamsProduct LaunchMarket TestingWork-Life BalanceSelf-BeliefContent Creation
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