| I'm working on this now. Officially started January 1 of this year but giving myself a few months of grace because I hit a few bumps in the road with some family stuff. I'd spend the first 3-6 months creating info products (e-books on gumroad, amazon; e-courses on Udemy/Coursera). Once those are up and running spend the 4th month on t-shirts and merch with print-on-demand and sell via shopify/etsy. Take free cohort-based courses and do paid ones with the proceeds from the sales of the info products and merch. Set up affiliate links once I have a bit of an audience. Set up systems to automate all along the way. Mix in some freelance work to start and build websites and apps with no-code. Share my journey on Twitter and YouTube. Because I have money I'm adding podcasting and will buy Google and Instagram ads once I see some traction. I started by doing 100DaysOfNoCode. This is free and taught me how to build stuff on the web. It was a great way to generate business ideas. I've made a bit of money from a few of them. The one that's getting the most traction is micro-coaching with UnstuckIn15 The fastest way to a lot of money is offering cohort-based courses but you need a solid reputation to make it work. With these courses if you charge $199 and have 100 students for a 3 week course that's $19,900. Do one a month and you're basically there in 5 months. Caveat is being able to get 100 signups per month. It's the internet, and you have access to people all over the world. The best thing about this strategy is not having any obligations (no investors, employers, or employees). I'm thinking I'll make around $50K this year. My goal is to eventually make $1 million a year mostly in recurring revenue. I'm thinking that'll take 10+ years, but it's the internet so who knows? The key is try a bunch of stuff. Like how VCs diversify, don't put all your eggs in one basket. Be consistent on your daily output. No matter what happens in your day, do something to advance your work. |