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

Summary

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 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.