Thread by @toyinomotoso

How to Generate Auto-Pilot Income With the Knowledge In Your Head

This month (August), I made N1,317,000 without doing anything

Last month, it was...N1,097,500

In June, it was N1,044,000

Etc

An average of N1m a month isn't a lot of money but it covers my monthly expenses

So, how do you do this?

All that money came because I created knowledge products that other people were promoting on my behalf

(HINT: Knowledge product means a product that shares knowledge on how to do or achieve a particular result. E.g. How to date an angry feminist...Lol)

Actually...It must be based on a topic that people really want to learn and are willing to pay for

Things like...

- Making more money

- Losing weight, Becoming healthier, etc

- Growing a business

The auto-pilot income I shared with you came from 2 knowledge products of mine

(1) A book

(2) An online course

I wrote the book in 2015

I created the online course in January 2019

Then, I left them in the hands of affiliates to promote

Affiliates promote them because they get paid a share of the products.

Here is how it works:

Let's say I created a product that sells for N20,000

I can give affiliates 50% (10,000) and keep the rest

Because of this, affiliates go all out to promote the product for me

And when they sell, I keep the rest and smile to the bank

To make this work, there are 3 things that must be in place though...

(1) The product you are selling must be based on a HOT topic that is in high demand or else affiliates won't touch it

(2) The product should have a well crafted sales presentation to sell it

(3) You should offer affiliates anything from N8000 upwards or else they might not promote your product

Once you have these things, then it is time to list the product on an affiliate platform

An affiliate platform is where affiliates can find it.

If you are selling to Nigerians, you should use Expertnaire

Expertnaire is an online platform for the sale of high value digital products.

That is what I use

And it is what some of my students use...

3 of them make more money than I do

One makes about N4m a month

Another one makes N2.8m a month

The 3rd one makes about N2m a month

If you have a high quality knowledge product or if you can create one, then you should do this

For details about listing your digital knowledge products on Expertnaire, email [e-mail]

Hope this helped.