How to Build a $53k Digital Business in 1 Year πΈ *NEW 2024* beginner's guide to making money online
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
- π° 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.
- π They spent 7 months traveling in Southeast Asia and China, demonstrating the lifestyle benefits of a successful digital business.
- π It took more than a year of hard work to achieve this success, emphasizing the importance of perseverance and gradual progress.
- π The creator recommends focusing on one or two income streams at a time to maintain productivity and avoid spreading oneself too thin.
- π They started by focusing on YouTube and Etsy, then later expanded to brand deals and affiliate programs, showing a strategic approach to business growth.
- πΈ The creator launched a successful 'Etsy listing photos course', highlighting the value of creating digital products that solve specific problems for their audience.
- π 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.
- π οΈ 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.
- π€ They joined a membership program to learn about brand deals and contract negotiations, underscoring the value of mentorship and education in business growth.
- β° The creator found a work rhythm that involves working 4 to 6 hours daily, suggesting the importance of finding a sustainable work-life balance.
- πͺ 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.
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