If I had to make $1,000 in 7 days... I'd do this.
Summary
TLDRThis video script offers unconventional advice on how to quickly make $1,000 in just 7 days, tailored for both beginners and established brands. The speaker, a seasoned entrepreneur with a million-dollar business, shares insights from his diverse experiences in affiliate marketing, agency work, course creation, and coaching. He suggests leveraging personal skills and passions to choose between service-based businesses or affiliate marketing, emphasizing the importance of picking the right business model and strategy for immediate financial gains. The script also touches on the value of offering the first service for free to build a portfolio and credibility, and the potential of scaling up to higher ticket items for sustainable revenue.
Takeaways
- 💼 The speaker has made six figures from various ventures including affiliate marketing, agency work, courses, and coaching, amassing a combined value over 2 million dollars.
- 🔑 The importance of choosing the right business model and strategy is emphasized for quick financial gains, especially for those needing money in a short time frame.
- 🎨 For creative individuals, the speaker suggests finding a market within the creative space where high ticket items can be sold, leveraging one's unique skills and passions.
- 📈 The speaker highlights the value of understanding one's personality type, such as being analytical, operational, creative, or a leader, to choose the most suitable business model.
- 🤝 The concept of offering the first service for free to build a portfolio and trust is introduced as a strategy to attract clients and showcase one's abilities.
- 🔄 The potential for recurring revenue by providing services that clients will need regularly, such as different types of sales funnels for businesses, is discussed.
- 📊 For analytically inclined individuals, the script talks about the benefits of working with numbers and data, such as managing ad campaigns and focusing on sales metrics.
- 📹 The idea of becoming a 'growth partner' to clients by offering additional value beyond the primary service, like providing video ideas to a video editor client, is presented.
- 📈 The potential to scale a service-based business to an agency model and then to a CMO-like role, where one can charge higher fees for strategic growth services, is highlighted.
- 🔗 The speaker mentions the viability of affiliate marketing for beginners if the right products that people are already buying are promoted.
- 🌐 The power of the internet, specifically YouTube and landing pages, to passively generate income through affiliate marketing is underscored, as these platforms can facilitate sales without direct interaction.
Q & A
What is the speaker's background in making money online?
-The speaker has made six figures from various online ventures, including affiliate marketing, running an agency, creating courses, and coaching. They have built a million-dollar business and have a combined value and actual cash collected in all their ventures crossing 2 million.
What are the two different business models the speaker suggests for making money quickly?
-The speaker suggests the freelance/service solutions model, where one offers a service like web design, video editing, or sales funnel building, and the affiliate marketing model, where one promotes and sells products or services for a commission.
Why does the speaker recommend offering the first service for free?
-Offering the first service for free helps to build a portfolio, establish trust, and attract more clients by showcasing one's skills without any commitment from the client.
What is the importance of finding a market that is already buying within the creative space?
-Finding a market that is already buying ensures that there is demand for the service being offered, which increases the likelihood of making sales and earning money quickly.
How can one identify their personality type to choose the right business model?
-One can identify their personality type by assessing their natural skills and passions, such as being creative, analytical, organized, or having strong leadership and sales abilities.
What is the concept of 'second order consequences' in the context of selling services?
-'Second order consequences' refer to the follow-up problems or needs that clients might have after receiving the initial service, which can be addressed to provide additional value and services.
Why is it beneficial to become a 'growth partner' for clients?
-Becoming a 'growth partner' adds more value to the services provided, making it harder to be replaced and allowing for higher charges and long-term, recurring revenue.
What is the potential downside of relying solely on affiliate marketing for beginners?
-The potential downside is that affiliate marketing programs can change or shut down, which could affect income. It's also suggested that building a brand and offering services first can provide a more stable foundation.
How can creating videos around what people are already looking for benefit an affiliate marketer?
-Creating videos on topics that people are actively searching for can drive targeted traffic to the affiliate offers, increasing the chances of making sales and earning commissions.
What are some of the skills one can learn to become a certified funnel expert?
-To become a certified funnel expert, one can learn skills such as offer creation, design, copywriting, client acquisition, and funnel agency systems to scale their business.
How does the speaker suggest scaling a service business to increase income?
-The speaker suggests scaling a service business by offering additional services that clients need regularly, such as different types of funnels, and by becoming a 'growth partner' or 'CMO' to provide more comprehensive solutions.
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