Easiest Online Business To Make $10K/Mo In 2024

Summary

This video script outlines a strategy for individuals to capitalize on the evolving digital landscape by leveraging AI to start and scale online businesses. The speaker shares personal experiences, emphasizing the importance of starting small with services or workshops, building an email list, and creating membership platforms. The script details how to engage with audiences through storytelling via email, and stresses the significance of validating product ideas with the audience before creation. The ultimate goal is to establish a sustainable income stream, with the speaker promising to share further insights in an upcoming video.

Takeaways

• 🌐 The world is rapidly changing, and individuals should adapt by embracing online opportunities, especially with the rise of remote work and digital services.
• 💼 Online entrepreneurship is becoming more accessible, with people from various backgrounds starting six to nine-figure businesses with minimal resources, leveraging just a laptop and Wi-Fi.
• 🔑 Selling services online is an effective way to start making money, particularly with the aid of AI tools that can help scale operations without the need for a large team.
• 📈 The speaker emphasizes the importance of starting small, aiming for initial earnings of $3K to $10K, to build confidence and establish a foundation in online money-making.
• 🛠️ Leveraging AI for services such as copywriting with Claude and video editing with Opus AI can significantly reduce the time and effort required to deliver quality work to clients.
• 📚 Offering to teach clients how to use AI tools can be a valuable service, as many business owners lack the time to train themselves on these technologies.
• 🏆 Building a community, or 'tribe,' is crucial for selling online courses and products, and even those without a large following can start with their existing social media networks.
• 🎯 Identifying a niche or area of expertise that resonates with a larger audience is key to selling workshops and higher-ticket programs.
• 💌 Email marketing is highlighted as a powerful tool for engaging with customers and promoting products, with the speaker's personal experience underscoring its effectiveness.
• 📈 Creating membership platforms or communities around topics of interest can lead to recurring monthly income and a loyal customer base.
• 📝 The script suggests that building trust with an email list through storytelling and personal connections can lead to higher conversion rates when promoting products.

Q & A

What significant changes have occurred in the world that the speaker mentions at the beginning of the transcript?

The speaker mentions a pandemic, a recession, banks collapsing, and even presidents being convicted of crimes as significant changes that have occurred in the world.

Why does the speaker believe that online businesses are becoming more prevalent?

The speaker believes that online businesses are becoming more prevalent due to the shift to remote work and the increasing number of people, including teenagers, busy parents, and ex-corporate professionals, entering the online world without any previous work experience.

What is the speaker's claim about making money online?

The speaker claims that making money online is easier than most people think, but the challenge is that most people approach it incorrectly.

What is the speaker's advice for someone just starting out in online business?

The speaker advises starting with selling services, leveraging AI to scale, and focusing on achieving smaller milestones like $3K, $5K, or $10K per month before aiming for larger figures.

How does the speaker suggest using AI in service-based businesses?

The speaker suggests using AI tools like Claude for copywriting and Opus AI for video services to reduce the time and effort required to service clients, thus allowing for scaling the business.

What is the speaker's view on the importance of starting with a marketing agency?

The speaker believes that starting with a marketing agency is beneficial because most people are not yet adept at using AI, and there is a high demand for such services.

What strategy does the speaker propose for selling online courses without significant ad spend?

The speaker proposes leveraging one's existing social media following or 'tribe' to gauge interest in a workshop or course and then offering a higher-ticket program to those who participate.

How does the speaker define the term 'tribe' in the context of online business?

In the context of online business, the speaker defines 'tribe' as one's existing social media followers or friends who could potentially be interested in the products or services offered.

What is the speaker's suggestion for creating recurring revenue streams?

The speaker suggests building membership platforms or communities around topics of interest, where people pay a monthly fee for ongoing access to content and community support.

How does the speaker emphasize the importance of email marketing?

The speaker emphasizes the importance of email marketing by sharing a client's experience who failed to start an email list early and faced difficulties in reaching out to customers when business slowed down.

What is the speaker's approach to building trust and engagement with an email list?

The speaker's approach involves sending personal and professional stories that connect to business lessons, which keeps the list engaged and builds trust over time.

How does the speaker suggest determining the success of a product or service before launching it?

The speaker suggests asking the audience directly what they want through a voting system, and then creating the most desired products or services to ensure demand.

What is the speaker's perspective on the ease of making money online today?

The speaker believes that making money online is extremely easy today if one puts in the initial work, implements the right strategies, and builds trust with their audience.