I Found the Fastest Way to Make $900+/day Online (Using a Laptop)

Jastej Choong
6 Apr 202413:18

Summary

TLDRThe video script outlines a strategy for creating a lucrative online business by establishing paid communities. It suggests that traditional Facebook groups are becoming less effective due to algorithm changes, and proposes building communities on a platform called 'school' instead of social media. The speaker shares personal experience from running a social media marketing agency, pivoting to help business owners monetize their knowledge through tiered community memberships and high-value coaching programs. The key to success is offering a compelling, low-risk proposition to potential clients, leveraging the power of reoccurring revenue and high-ticket sales to build a sustainable business.

Takeaways

  • 💡 The script introduces a method to make money online by creating and monetizing online communities.
  • 🚀 The speaker has personally tested and made money with this business model, collecting $5,400 for it.
  • 📉 The speaker mentions that traditional Facebook groups are becoming less effective due to algorithm changes.
  • 💼 The concept involves charging a monthly fee for membership in a specialized community, similar to subscription services like Spotify.
  • 🏢 The platform 'school' is highlighted as a place to build these paid communities, instead of Facebook or Discord.
  • 🤝 The importance of human beings being part of a tribe or community from ancient times to the present is emphasized.
  • 💰 Examples are given where communities with memberships can generate significant monthly revenue.
  • 🛠️ The speaker used to run a social media marketing agency but pivoted to helping business owners create their own communities.
  • 🔑 A three-step ladder strategy is introduced, starting with a $97 per month community, escalating to a $297 per month community, and finally high-ticket coaching programs.
  • 💼 The script suggests targeting wealthy business owners who can afford to pay for services that help them create recurring revenue streams.
  • 🎨 The idea is to help business owners '10x' their income by leveraging their existing knowledge and skills in a new way.
  • 📈 The speaker shares personal experience and strategies for helping clients build successful coaching programs and communities.
  • 📊 A money-back guarantee is used as a risk-removing strategy to make the offer more enticing to potential clients.
  • 📧 Cold DMs and cold emails are suggested as effective methods for reaching out to potential clients with the offer.

Q & A

  • What is the main proposition of the speaker in the video?

    -The speaker proposes an online business model where one can create and monetize a community, similar to a Facebook group but on a different platform, and charge members a monthly fee.

  • Why are Facebook groups mentioned as 'slowly dying down' in the video?

    -The speaker suggests that Facebook groups are declining due to algorithm changes made by Mark Zuckerberg's team, which may affect their visibility and engagement.

  • What platform is recommended by the speaker for building a paid community?

    -The speaker recommends using a platform called 'school' for building a paid community, instead of traditional platforms like Facebook or Discord.

  • What is the significance of recurring revenue in the business model discussed?

    -Recurring revenue is crucial because it provides a steady income stream, similar to a subscription service like Spotify, making the business sustainable and less reliant on one-time sales.

  • How does the speaker suggest approaching business owners with this business model?

    -The speaker advises approaching wealthy and successful business owners who already have a proven track record in their field and suggesting they start teaching others how to achieve similar success.

  • What is the 'three-step ladder' strategy mentioned in the video?

    -The 'three-step ladder' strategy involves creating a tiered system of paid communities with increasing price points: a $97 per month community, a $297 per month community, and a high-end $10,000 coaching program.

  • Why is it beneficial to start with the high-end coaching program in the 'three-step ladder' strategy?

    -Starting with the high-end coaching program allows the client to begin making money quickly, while simultaneously building the lower-tier paid communities to ensure a steady revenue stream.

  • What is the speaker's background in relation to the business model discussed?

    -The speaker used to run a social media marketing agency in the real estate niche but pivoted to become a community expert, helping business owners monetize their knowledge.

  • How does the speaker suggest structuring a coaching program?

    -The speaker suggests structuring a coaching program with multiple modules and providing video ideas for each module to guide the学员s through the learning process.

  • What is the importance of a 'no-brainer offer' in attracting clients?

    -A 'no-brainer offer' is so compelling that it's hard for potential clients to refuse, increasing the likelihood of them purchasing the service and becoming a long-term customer.

  • How does the speaker use guarantees to enhance the appeal of their service?

    -The speaker offers a money-back guarantee that if the client does not make back their initial investment, they will receive a full refund, removing the risk for the client and making the offer more attractive.

  • What pricing strategy does the speaker recommend for a new service provider?

    -For new service providers, the speaker recommends starting with a lower upfront price, such as $3,000, to attract more clients, with the understanding that the price may need to be increased as the service becomes more established.

  • How can cold DMs and cold emails be effective in securing clients for this business model?

    -Cold DMs and cold emails can be effective by presenting the compelling 'no-brainer offer' to potential clients, which can pique their interest and lead to a response or engagement.

Outlines

00:00

💰 Monetizing Online Communities for Passive Income

The speaker introduces a method to generate significant daily income by leveraging online communities. They describe how traditional Facebook groups are declining due to algorithm changes and propose an alternative platform called 'school' for creating paid communities. The concept is to charge members a monthly fee for exclusive access, similar to subscription services like Spotify. The speaker shares their personal experience of monetizing a Facebook group and emphasizes the importance of community in human history. They provide examples of successful communities and suggest that this model can generate substantial revenue, urging the audience to consider this business approach.

05:02

🚀 Building a High-Earning Business Model with Paid Communities

The speaker discusses the transition from a traditional social media marketing agency to a community-based business model. They explain how to create a three-tiered system offering different levels of access and price points, starting with a $97 per month community, escalating to a $297 per month option, and culminating in a high-value $10,000 coaching program. The focus is on providing recurring revenue and occasional high-ticket sales. The speaker also shares their experience in the real estate niche, helping a real estate agent create a community to teach others about the industry, thus diversifying their income stream beyond traditional sales.

10:03

🔐 Crafting a No-Brainer Offer with a Money-Back Guarantee

The speaker shares strategies for attracting clients without being a sales expert. They emphasize the importance of creating an irresistible offer, using the 'buy one, get one free' ice cream shop and unlimited car wash membership as examples. Inspired by these, they implemented a money-back guarantee for their service, promising to refund clients if they don't recoup their initial investment. This approach, combined with a unique offer that no one else was selling, led to a successful sales pitch. The speaker suggests starting with a lower upfront fee to attract more clients and then increasing the price as the business grows, also mentioning the effectiveness of cold DMs and cold emails in reaching potential clients.

Mindmap

Keywords

💡Online Business

Online Business refers to a commercial activity conducted over the internet. In the video's context, it is about creating a source of income through the establishment of an online community. The script mentions an online business that the speaker has personally tested and made money with, emphasizing its viability and profitability.

💡Community

A community in this video refers to a group of people who share common interests or goals and interact with each other. The speaker discusses creating a paid community on a platform called 'school' as a means to monetize shared interests and expertise, which is a departure from traditional social media groups like Facebook.

💡Monetization

Monetization is the process of generating income from a business or service. The video script explains how to monetize a Facebook group by charging members a monthly fee, and later discusses the concept of monetizing an online community through membership fees and coaching programs.

💡Paid Community

A paid community is a group where members pay a fee to access exclusive content, resources, or interactions. The script uses examples such as a skincare group and a credit-building group to illustrate how these communities can generate significant monthly revenue by charging members for access.

💡Revenue

Revenue refers to the income generated from a business's operations. In the video, revenue is discussed in the context of the earnings from a paid community, with specific figures mentioned to demonstrate the potential income from such a business model.

💡Coaching Program

A coaching program is a structured series of lessons or guidance provided by an expert to help individuals or groups achieve specific goals. The script describes how the speaker helped a real estate agent create a coaching program to teach others how to succeed in real estate, which became a source of income.

💡Reccurring Revenue

Reccurring revenue is income that a business receives on a regular basis, often through subscriptions or memberships. The video emphasizes the importance of having reoccurring revenue in a business model, using the example of a $97 per month community as a way to ensure consistent income.

💡No-Brainer Offer

A no-brainer offer is a deal or proposal that is so attractive it's hard for the recipient to refuse. The speaker shares their strategy of creating an irresistible offer for clients, which includes a money-back guarantee, to secure their business and illustrate the power of such offers in sales.

💡Sales Funnel

A sales funnel is a marketing strategy that guides potential customers through a series of stages, from awareness to purchase. The script describes a three-step ladder as a sales funnel, starting with a $97 per month community, moving to a $297 per month community, and finally to a $10,000 coaching program.

💡Upselling

Upselling is the practice of selling a more expensive item or service to a customer who has already shown interest in a lower-priced option. The speaker mentions upselling as a strategy to increase the lifetime value of each customer by offering higher-priced services, such as a more expensive coaching program.

💡Social Media Marketing Agency

A social media marketing agency is a business that provides services to help other companies manage their social media presence and marketing efforts. The speaker discusses their previous experience running such an agency, which they later pivoted to focus on building communities.

Highlights

Discovered a method to make $900+ per day with only a laptop and 60 minutes of work per week.

Earned $5,400 by promoting an online business that has been personally tested and proven successful.

Introduction of a community-based business model as an alternative to declining Facebook groups.

Proposal to charge a monthly fee for membership in a Facebook group, similar to subscription services like Spotify.

Transition from social media marketing to creating and monetizing online communities.

Highlighting the importance of human tribes and their modern equivalent, online groups, for knowledge sharing.

Case study of a group with 686 members generating $686 per month by sharing expertise in skincare.

Example of a credit-building community with 1,400 members earning $54,600 per month in revenue.

Concept of a paid community as a source of recurring revenue, akin to a gym membership but online.

Strategy to approach wealthy business owners with a new way to monetize their knowledge and expertise.

Building a three-step ladder for clients to start with a $97 per month community and scale up to a $10,000 coaching program.

Emphasis on recurring revenue as a business necessity, as advised by a mentor.

Differentiation from traditional social media marketing by selling to affluent business owners.

Use of the 'deal of the century' strategy by copying successful coaching program elements to create a unique offering.

Teaching clients to create offers, structure coaching programs, and price their offerings effectively.

Utilizing a no-brainer offer with a money-back guarantee to attract clients and remove risk.

Selling a unique service that solves the problem of recurring revenue for business owners.

Providing a step-by-step guide on how to approach and sell to business owners to build their perfect business.

Strategy to use cold DMs and emails to pitch the service with a compelling offer to attract new clients.

Transcripts

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I found the fastest way to make $900

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plus per day that only requires your

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laptop and no more than 60 minutes per

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week so I collected $5,400 for this

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exact business now there's hundreds of

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videos that are being posted each and

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every day that talks about the new way

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to make money online the laziest way

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that you can make money online The Lazy

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way is that anyone can make money online

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laziest way to make money but what that

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really does is it leaves you confused as

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to which business you should really

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start so for this reason I'm going to

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give you an online business business

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that actually works that I've personally

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tested and made money with this business

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is where you become a community but

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there's actually more to that so let me

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explain you see we're all familiar with

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Facebook groups you know Facebook groups

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have been around since 2010 however

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Facebook groups are slowly dying down

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because of these algorithm changes that

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are being made by Mark Zuckerberg's team

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at

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Facebook but that's sort of besides the

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point what if you were able to charge

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each member of a Facebook group a small

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monthly fee for being part of the group

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the $5 a month or $50 a month or even

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$97 per month for being part of the

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Facebook group it's sort of like paying

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for Spotify each month a community teer

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essentially helped someone start a

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Facebook group and monetize it in

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different ways it's sort of like that

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however the only difference a community

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here doesn't do that on Facebook now you

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might be thinking like the only other

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place where you can really start a paid

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Community is sort of on Discord nope

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it's not even on Discord instead is

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building a community on this guy's

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platform called school I want to explain

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my strange Behavior now I'll get to why

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this guy's company is so special but

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before that let's pause here for a

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second what's so special about

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communities now once I cover this I'm

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going to share with you who you should

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help how you can help your clients make

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a lot of money and why these clients

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will pay you a lot of money for your

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help and how to price your services in a

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way where you get clients like clockwork

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with very little effort you see since

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the beginning of time humans have always

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been part of a tribe I mean your

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ancestors were surviving by sharing

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knowledge Resources with their tribe in

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today's world it's sort of like the

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exact same thing as being part of an

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online group you know people that like

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talking about skincare want to be part

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of a group with other you know skincare

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loving people Gamers like to game would

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love to be part of a group and chat with

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other people that are Gamers you know

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idiots like me that drink coffee all day

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would love to chat and be part of a

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group with other coffee lovers but

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here's the thing these same communities

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can be used to make a lot of money now

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you might be wondering like how can you

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use these communities to make money for

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example this one group has 686 members

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paying $10 per month you know this

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person who knows how to get fit is

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making

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$686 per month just by sharing his

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knowledge and his expertise he's sharing

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this with his people with his tribe and

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sort of his crowd this group that

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teaches people how to build their credit

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has 1,400 members paying $39 per month

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that's

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54,600 per month in Revenue this

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community can also be referred to as a

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paid Community it's sort of like having

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a gym membership but it's all online but

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there are actually better ways to make

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money with a paid Community which I'll

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get you shortly but before before that

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am I telling you that you should be

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starting a paid Community yourself of

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course not you know it's likely that you

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don't have a big YouTube channel because

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otherwise instead of being watching this

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video you would instead be planning or

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recording your own video and you're also

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not like one of these Tik Tok girls that

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just needs to dance to pull in thousands

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and thousands of views on her Tik toks

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and we're also not bad baby who made 188

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million within 30 days in 1 month from

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her subscribers on only fans catch me

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outside how about that instead here's

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what you do you approach business owner

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and you give them a new way to make

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money Richard Branson had one sent you

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have to offer something that is

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dramatically better and different than

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the competition but ja you know have you

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ever done this like are you just giving

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me an idea like have you ever done this

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yourself give me some proof now for

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those of you that know I used to run a

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social media marketing agency since 2019

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in the real estate Niche however I soon

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made a 180° pivot within my marketing

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agency by becoming a community here so

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what did I actually do so instead of

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approaching you know broke business

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owners and you know trying to spend

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hours trying to convince them to buy my

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marketing Services i instead approached

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wealthy Rich business owners one being

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is this real estate agent named William

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he was already making multiple six

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figures per year selling real estate and

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I approached him and I said to him why

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don't you start teaching other people

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how to make multiple six figures in real

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estate you know you can help that

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50-year-old woman that just got a real

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stre license and you can also help the

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18-year-old student that just got out of

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high school and now they're looking to

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become a realtor you do realize well

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willum that you know you can make money

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from home teaching other people what you

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already know and he said to me you know

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what you are right that makes so much

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sense now for him I didn't just build a

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basic Community instead what we did was

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We Built This three-step ladder and the

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first step of the ladder is this $97 per

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month hate Community now the second step

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of the ladder is building a $297 per

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month paid Community now the third step

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of the ladder is where we started

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selling this $10,000 expensive coaching

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program however we built the third step

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of the ladder first because I wanted my

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client to start making money as fast as

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possible and we started getting sales

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from my clients like this but let's

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pause here for a second one more time I

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want you to take a breather you know is

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this business similar to an ipgm nope

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you're not building a COI program for

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your client instead what you're doing is

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you're showing them how to build a COI

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program and build what I call the

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perfect business which has reoccurring

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Revenue similar to Spotify and apple

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music and it also has these big shotgun

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deals these cash injections into the

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business when you saw these expensive

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$10,000 coaching programs but then the

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question becomes like why don't you just

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sell the $10,000 coaching program

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instead of trying to sell this $97 per

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month and $297 per month paid

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communities you see the reason being is

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because at times your client may not

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close these $10,000 coaching program

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sales and we don't want them to you know

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become discouraged sad and feel

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disappointed that your service doesn't

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work so while they're trying to you know

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get into this new business of trying to

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close these expensive $10,000 coaching

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sales at the same time we're building

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this $97 per month and $ $97 per month

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reoccurring Revenue we're just going to

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pay for expenses like and employees team

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members office expense and softwares and

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tools to run the business the real

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reason is because I was once told by a

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mentor that if you don't have

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reoccurring Revenue in your business you

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do not have a business but how is this

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different from the smma that I used to

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run with an smma you're selling a

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service that pretty much every

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18-year-old kid out there is already

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selling to broke business owners however

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as the community here you're selling a

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service that no one is selling to

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actually rich business owners wealthy

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business owners and people that actually

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have money solve rich people problems

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they pay better lot of controversy

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around that but it's true sell better

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customers will you ever get this is too

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expensive I don't have the money for

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this this is too much money for what

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you're providing me no you're never

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going to get that from a client like

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this now here's a real bit more advanced

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definition of what a community here

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really is a community here works with a

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business owner to 10x your income in a

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new more higher leveraged medium it's

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sort of like trying to make more money

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with you know less effort now are you

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still confused don't worry let me break

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this down even further so my client

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William makes money by selling homes

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let's just say he get a $7500 commission

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check for each home that he sells how

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much money William makes is dependent on

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how many homes he can sell for year and

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because there's only one of William his

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income has a ceiling to it instead I'm

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giving him a way to earn money from home

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which has no ceiling and where he just

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teaching other Realtors you know how to

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sell more homes just with his existing

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knowledge and whatever stuff that he has

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in his brain the best part is it's also

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not just limited to real estate agents

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but it can work for any type of business

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owner do you need to have specialized

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skills or knowled knowledge to really

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help these business owners are you able

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to really do this yourself you see when

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I was running my social media marketing

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agency helping real estate agents I just

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thought to myself you know why not just

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help Realtors do this so I just picked

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real estate agents this was another

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realtor that I had helped I mean I

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wanted to make more money in my social

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media marketing agency so I just thought

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to myself like what else can I sell to

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my clients and I just asked this one

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client and I said you know why don't you

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do this as well and the real reason I

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actually pissed him was because I had

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this one Mentor that kept telling me you

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need to sell to existing clients you

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need to make some sells you need to

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increase a lifetime value of each

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customer so realistically just to show

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him that I can make some upsells I made

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this one upsell to this one realtor you

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know at first you know I was trying to

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figure out everything myself on how to

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help him build the perfect business you

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know I would do some research on YouTube

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but eventually something struck me that

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Pablo Picasso had once said he said good

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artist copy but great artist deal so

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what did I do so I simply just looked at

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some of the most successful coaching

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programs out there and I just took like

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bits and pieces of each coaching program

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and just sort of copy and pasted that

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for this one realtor then what did I

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actually end up doing for him I only

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showed him these three things and I want

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you to pay some close attention here but

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first I helped him come up with an offer

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so I just asked him like how much money

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have you made selling real estate and he

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said oh I made a multiple six figur

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selling real estate now what you're

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going to do is you're going to just

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teach other people how you make multiple

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six figures selling real estate okay

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cool j so that's what we did number two

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is I helped him structure his coaching

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program I sort of showed him like you

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know how to build his course area you

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know you should have these four to five

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different modules and also gave him some

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video ideas that he can have as part of

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his courts under those modules at last

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number three I helped him come up with

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the pricing and how to sell his program

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but here's the best part he's now

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already making a lot of sales for this

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exact coaching program and now we're

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sort of Planning and Building out his

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$97 per month paid community and his

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$297 per month paid Community after

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working with him he's now closing deals

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like this the truth is you can really

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work with any sort of type of business

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owner that has something to teach now

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this is all great but it's only going to

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work if if you can actually get clients

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yourself so how do you actually get

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clients if you're scared to do sales and

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you don't even know in the back of your

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mind whether you can truly help this

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person out so you're sort of scared of

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selling something that may not even work

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how about I tell you what I did so you

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can just copy me you know at first I

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sort of thought that I need to become

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this you know marketing genius or I need

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to become this super salesperson to

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start getting clients however that was

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not the case the answer was instead

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right in front of me but I just didn't

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see it at first one of my mentors just

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told me just make a no-brainer offer so

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what did he actually mean like offer

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something so good that people are just

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like I just can't say no it's just that

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good of an offer I remember I had gone

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to the beach around this time and as I

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was you know walking down this beach I

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noticed this ice cream shop that was

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promoting this buy one ice cream get the

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second ice cream for free offer and

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although it was very cold it was

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freezing outside and I had no plan on

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buying ice cream at this time the offer

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was so good that I I was tempted to

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force me to turn around go to the ice

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cream shop and get those two ice creams

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for the price of one even recently

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there's this this one car wash very

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close to my office and this is like an

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automated car wash where you just take

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your car and these machines put soap on

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your car wash your car and then at the

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end dry your car I noticed it was $30

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for a regular car wash and as usual I

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was just going to go in and get this

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onetime car wash however I noticed this

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one board to my right that said for $80

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you get unlimited car washes each month

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so it was like a membership offer and I

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thought to myself why am I going to pay

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30 bucks for one car wash when I can get

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unlimited car washes each month for $80

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per month it was such a no-break your

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offer I immediately stopped for that $30

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offer and I took him up on that

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membership and now I'm paying 80 bucks

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each month and initially I thought that

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I'm going to be going in every single

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day as I'm you driving to my office I

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going to be getting a car wash every

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single day but the truth is I don't have

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the time I only go once or twice a month

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but now they have me as a lifetime

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customer just because of that godamn

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good offer so stuff like this you know

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got my head spinning with ideas I

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decided to add in a guarantee to my

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service so if for any reason my client

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does not make their initial investment

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back whatever money that they paid me

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I'm going to give a full refund to my

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client I priced my service at $10,000 up

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front and removed all Risk by adding in

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a money back guarantee and I started

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presenting this offer to potential

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clients since it was sort of like a

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no-brainer offer I just started getting

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people to buy it and take me up on this

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$110,000 offer it was sort of like

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having a no-brain offer like the ice

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cream shop and the car wash here's a

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secret you don't have to be the

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Superstar salesperson or this marketing

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genius instead you just need to have a

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really good goddamn no-brainer offer

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more than that I was selling that no one

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else was selling so you combine that

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with a no-brainer offer and you sort of

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unlock this key to the treasure chest I

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found 11 different ways to price your

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services but since in the beginning I

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really just wanted to make money fast I

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just charged $10,000 up front and also

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sort of took a percentage of sales on

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the back end however if you're just sort

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of starting out and you just want to

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make money fast just like I do you could

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just charge $3,000 UPF front just keep

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in mind you will be getting a lot more

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clients than you would be able to handle

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at the $3,000 price point so you do want

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to definitely bump up how much money

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you're going to be charging for a

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service like this now if you noticed I

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sort of pitched this service initially

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to my existing social media marketing

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agency clients but if you're just sort

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of starting out and you don't have an

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existing you know marketing agency that

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you're running how can you get clients

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since no one else is pitching this this

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offer works extremely well with cold DMS

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and cold emails you just need to present

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a crazy no-brainer offer to people and

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it will get people to respond to you you

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know in my case I sort of threw in this

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crazy guarantee the best part is you

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don't have to be this Grand Cardone

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level you know sales person because

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you're selling something that is new

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fresh and it's very exciting now if you

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want me to talk further on becoming a

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community let me know in the comment

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section below and other than that I'll

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see you next time

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