How I’d Make 10K a Month If I Had To Start Again
Mark Tilbury・2 minutes read
Young millionaires can earn significant income selling niche-specific information products, with examples like a farmer making $20,000 monthly selling chicken care programs. Key strategies for success include choosing the right niche, collaborating with experts, and building a community around the product to increase sales and profits.
Insights
- Young millionaires often find success selling niche-specific info products, such as a part-time farmer making $20,000 monthly selling chicken care programs, highlighting the profitability of targeted markets.
- Building a community around info products can boost sales and profits significantly, emphasizing the importance of fostering a loyal customer base for sustainable revenue growth and financial independence.
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Recent questions
How do young millionaires make money?
By selling niche-specific info products globally.
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Summary
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Maximizing Wealth with Info Products and Investments
- Young millionaires often make money by selling info products, with one example being a part-time farmer earning over $20,000 monthly selling chicken care programs at $11,000 each.
- Info products have a global reach but are niche-specific, so choose a niche with demand and minimal competition, like the health niche.
- Anthony Mativa's info product, focusing on memory enhancement, attracts a diverse audience, generating over $120,000 annually.
- To succeed in selling info products, choose a skill or niche, collaborate with an expert, and price programs strategically to earn over $10,000 monthly.
- Building a community around your info product can increase conversion rates, leading to higher sales and profits.
- Upselling, like McDonald's value ladder, can be applied to info products to offer additional products or services at increasing prices.
- Creating a value ladder for a fitness info product can generate significant revenue by offering various programs and coaching services.
- Investing a portion of earnings in the stock market can help grow wealth sustainably, with Weeble being a recommended platform for investing.
- Selling to the same customer multiple times, through memberships or additional products, increases lifetime value and revenue potential, providing financial freedom and location independence.
