How to Make 10K a Month In Only 1 Hour Per Day

Summary

This video provides a simple 7-step strategy to build a successful online business in just one hour per day. The key steps include choosing a niche, growing an email list, driving traffic through paid and organic channels, curating valuable content, engaging with your audience through email marketing, and monetizing your list through affiliate offers and ads. The video emphasizes the importance of consistency, leveraging free and paid traffic, and using content curation to save time. With this model, you can generate substantial income and grow a profitable business with minimal daily effort.

Takeaways

• 😀 Focus on building an email-based business model known as the 'Authority List.' This model revolves around growing and engaging an email list to generate revenue.
• 😀 Choose a niche you're passionate about or have personal experience in. Enjoying the subject matter will keep you engaged and motivated over time.
• 😀 Growing your email list is crucial. At the minimum, you'll need a landing page, email service provider, and a lead magnet to attract subscribers.
• 😀 For driving traffic, use a mix of paid ads (e.g., Facebook, YouTube) and free organic strategies (e.g., vertical videos on TikTok, Instagram Reels, and YouTube Shorts).
• 😀 Curate valuable content to share with your audience. Use spare time (e.g., commuting, doing chores) to consume content relevant to your niche for email sharing.
• 😀 Consistency is key when emailing your list. Aim for 2-4 emails per week to keep your audience engaged without overwhelming them.
• 😀 Monetization is a core component of the business. Promote affiliate offers, sell your own products, or seek advertisers to place ads in your emails.
• 😀 Growth hacking strategies, like list swaps and referral programs, can accelerate list growth and help scale your business quickly.
• 😀 Even with just one hour per day, you can manage the daily tasks of email marketing, content curation, list growth, and monetization effectively.
• 😀 The business model works well in multiple niches including fitness, wellness, food, pets, relationships, travel, hobbies, and personal finance.
• 😀 Building a large email list provides leverage. Once you have hundreds of thousands of subscribers, the revenue generated from just a few emails can be substantial.

Q & A

What is the main goal of building a $10,000/month online business with just one hour of work a day?

The goal is to create a sustainable online business by focusing on five simple daily tasks: list building, content curation, traffic generation, email marketing, and monetization.

How do you choose the right niche for an online business?

Choosing the right niche involves identifying areas you are passionate about, such as fitness, relationships, hobbies, or money. It’s important to target a specific audience with interests that align with your expertise or passion.

What is the purpose of having an opt-in page and email list in the process?

An opt-in page allows you to collect email addresses from interested individuals, building a list that you can nurture and monetize over time through regular communication.

How should you drive traffic to your opt-in page?

You can drive traffic using paid ads like Facebook or YouTube ads, or organically through social media platforms such as TikTok, Instagram, and YouTube Shorts, where you create engaging content to attract viewers.

What is the benefit of curating content for your email list?

Curating high-quality, relevant content provides value to your subscribers, keeps them engaged, and builds trust. It can come from various sources like podcasts, videos, or articles related to your niche.

How can affiliate marketing help monetize an email list?

Affiliate marketing allows you to promote products or services from other companies. You earn commissions by recommending these products to your email list, generating revenue without creating your own products.

What is growth hacking and how can it benefit an online business?

Growth hacking involves using creative, low-cost strategies to rapidly scale your business. This can include list swaps, partnerships, or leveraging viral marketing techniques to increase your audience and sales quickly.

What are some key actions to take daily to grow an online business?

Key daily actions include sending regular emails to your list, driving traffic through ads or organic methods, curating and sharing content, and monitoring the performance of your marketing efforts.

What types of monetization strategies are discussed in the video?

Monetization strategies include affiliate marketing, displaying ads in your emails, and selling your own products or services once you’ve built enough of an audience.

How can one manage an online business effectively with just one hour of work per day?

By focusing on high-leverage tasks such as sending email campaigns, optimizing ad performance, and automating where possible, you can efficiently manage an online business in just one hour a day.