Thread by @ImSamThompson

The easiest way to make $9,000 every month.

A thread 🧵👇

I used this strategy when I was just getting started in online business. I wanted to make enough to:

1. Live a comfortable life
2. Not have to work for somebody else.

$9,000/month can change your life 🙌 Especially if you are looking to step into entrepreneurship full-time.

You are going to create and sell a high-value digital product.

Why a digital product? Why not SAAS or Ecom?

🚀 Faster To Build
🚀 Easier To Sell
🚀 Simpler To Operate
🚀 No Cost of Goods

This means you can go from making $0 to $9,000/month in 60 days or less.

First, you need VALUE 🔑

Digital products are designed to do ONE THING.

Take a customer from Point A (painful problem) to Point B (enjoyable solution).

It doesn't really matter what you talk about.

It could be running profitable facebook ads or baking the perfect muffin.

Your primary goal is to understand the problem a group of people is experiencing and create a ROADMAP to their desired outcome.

Example: This 30 Day Blueprint Helps Unemployed Full-Stack Developers Land Their Dream Job in Silicon Valley.

Clear 📍Point A --> 📍Point B.

Second, you need a PRODUCT 📦

What is the vehicle through which you deliver the ROADMAP? You have a few options:

🔥 Video Courses like @PaikCapital & @blackhatwizardd
🔥 Masterclasses like @SaaSWiz & @ecomchasedimond
🔥 Templates like @JanelSGM & @OneJKMolina

Pick one.

Your goal is to build a product that you can sell for $100.

Why $100?

✅ Affordable enough to sell a lot
✅ Expensive enough to earn your real money

And most importantly:

It FORCES you to create something that is ACTUALLY VALUABLE.

Third, you need a SALES MECHANISM 💰

I recommend @gumroad.

Why?

👉 Fastest to set-up your account
👉 Customers are used to buying there
👉 Handles both transactions & value delivery
👉 Let's you build an email list directly
👉 FREE to start

@shl smashed it🤘

Next, you need CUSTOMERS 👋

The internet makes this part EASY.

Social Media: Twitter, Facebook, Linkedin, Instagram
Forums: Reddit, Quora, Digg
Communities: IndieHackers, Makerpad, Jetpack
Blogs: Medium, Substack

Your customers are online. You just have to find them.

Once you find them, follow this simple formula every day.

50 Outbound DMs.
50 Comments on other's content.
1 High-Value Post.

Your goal is to spark CONVERSATIONS. Once you are having conversations with your target customers you are in a prime position to SELL.

Speaking of...

Lastly, you need SALES 💰

This is where people will either double down and make money OR give up and not make a dime.

There is no magic sales hack to $9,000/month.

It is 100% on you and your commitment.

You either show up and hustle OR you don't.

You goal is to sell 3 products a day.

$100 product x 3 sales/day x 30 days = $9,000/month.

100 Interactions (DMs/Comments).
👇
10 Good Conversations.
👇
3 Sales.

Showcase your value in the conversation and show them why it makes sense for them to buy your product.

Yes, it is that simple.

You don't need Facebook ads, a funnel, or anything complicated. Save all that for scaling from $9k/month to $90k/month.

Create something valuable, talk to your target customers and share your product with them.

That's it.

Now go make money 🚀💰

Need some inspiration?

These people sell digital products extremely well.

@jackbutcher @arvidkahl @DruRly @SaaSWiz @PaikCapital @blackhatwizardd @wizofecom @THETYFRANKEL @traf

Check out their stuff 🤘

If you are interested in learning more about growing a business online....

Pre-order a copy of my book coming out next month!

Only 250 copies available 🚀

Gum.co/thegrowthbook