$5 Million Per Year Selling Decks of Cards
Charles Burdett
- Founder of Pip Decks
- $5 Million annual revenue
Impossible To Find A Job? Try This…
NgelAndrs writes on Reddit that it's impossible to find a job…
I have been searching for a job as a Freelance Copywriter for a month now. I've reached out to over 300 companies of all types and sizes. Only five have responded, and it was just to politely decline my services.
I worked as a B2B Writer for two years at a small company and have some knowledge in copywriting due to some small copywriting tasks. My goal is to make a career as a Freelancer in this field, but it's proving to be quite challenging.
What's the problem here? 🧐
Could be a number of things, but a lot of people in the comments believe AI is the culprit.
💬 One response…
I think you haven't found a job as a copywriter because LLMs like Co-Pilot, Bard, and ChatGPT make it very easy for everyone to write something that's good enough.
Another commenter suggests that bulk pitching is the answer…
I recommend you check out how to send bulk cold emails. I tried sending 1500 cold emails a week and landed 2 clients.
Sounds quite spammy to me, but hey, whatever works.
My advice to NgelAndrs would be to read this article by Jakob Greenfeld 👇
In the past year I’ve worked with 100+ b2b companies and one of the main lessons was that selling generic offers is incredibly hard.
“We do FB ads”
“We do SEO”
Or even worse:
“We do SEO, Google Ads, Landing Pages, Recruitment,… really anything you’re willing to give us money for.”
There are a gazillion agencies offering the exact same thing…
Not a fun game to play.
But…
when you start coining your own unique mechanism, you start playing a completely different game.
“Our ‘Growth Amplifier Matrix’ supercharges e-commerce brands to break 7-figure revenue ceilings.”
“Through our ‘Impact Velocity Method’, we drive exponential user engagement for mobile apps.”
No one else is offering this.
Suddenly you’re operating in a category of one.
Prospects will actually want to learn more.
Humans and curious by nature.
When they hear a new phrase they feel a pull to understand it.
If you're struggling to stand out, give this a try yourself…
All it takes is taking your existing offer, writing down every single tiny piece that makes it unique, and then coming up with a cool sounding name.
I'd say the final piece is to be hyper-targeted with your outreach 🎯
Spend some time finding businesses you believe to be a great fit for your services, and let them know why when you pitch them.
But hey, that's just one approach.
There are endless others.
The main thing is to keep trying until you hit on something that works.
Only the persistent survive 💪
Clever Affiliate Site On Track For $200,000 in Year 1
Hamza J Alamtab
- Founder of Routines.club
- $200,000 Year 1 projected revenue
$1000/Month Passive Income From 2 Simple Chrome Extensions
Glen Chiacchieri
- Browser Extension Developer
- $1000 monthly revenue
3 Business Ideas From Least/Most Enjoyable Activities
Check out this study on Time Use ⏳
This image in particular stands out…
😫 The type of activities rated as least enjoyable…
- Doing homework
- Looking for a job
- Laundry
🥰 Most enjoyable…
- Theater, concert
- Go to sport
- Play with child
Jakob Greenfeld writes…
This seems like extremely useful data when looking for a business idea.
Agreed.
You'd basically be looking for ways to help people do less activities from the top of the graph and more from the bottom.
But instead of sitting here and racking my brain, I uploaded the graph to ChatGPT 🤖 and asked it to generate some business ideas based on the data that would be worth exploring.
In particular I asked it for "out of the box" ideas that could be done mostly online, without leaving home 😜
Some interesting ideas it came back with…
Online Decluttering Game: Since household chores aren't enjoyable, create a gamified online platform where users can set cleaning goals, challenge friends, and earn rewards for completing tasks in their real home.
Online Skill-Betting Platform: Users can bet on themselves to learn a new skill within a certain timeframe (like cooking, playing an instrument, or learning a language) and share progress with a community for accountability and support.
Remote Social Dining Platform: To mimic the enjoyment of eating out at restaurants, develop a platform where people can sign up to have meals with strangers over video chat, sharing the experience of cooking or eating together while apart.
No clue if those ideas are viable.
But hopefully that shows you the potential of brainstorming with ChatGPT. Especially when combined with real-world data 😎
Blogger Uses AI to Earn $76,000 in Year 1
Casey Botticello
- Founder of Blogging Guide
- $76,000 first year revenue from niche site
This AI Video Generator Will Blow Your Mind
🤯 I don't think it's possible to overhype OpenAI's Sora, described as…
an AI model that can create realistic and imaginative scenes from text instructions.
Scroll down that page and you'll see a bunch of videos that were created by AI from simple text prompts 🤖
One such…
Historical footage of California during the gold rush.
The resulting video isn't perfect, but it's pretty damn impressive, something that wouldn't look out of place in an old movie.
Think about how much time and money would go into creating a shot like that in the past. And now it's possible to create it with a few quick keystrokes 😱
Marques Brownlee shared his impressions of Sora in a YouTube video, with the reminder that…
It’s only been 1 YEAR since the Will Smith eating spaghetti video
In other words, AI-generated video has come a very long way in very little time.
Sora isn't available to the public yet, so you can't play around with it yourself 😩
But here are a bunch more impressive examples from it…
- A bicycle race on ocean with different animals as athletes
- Grandma cooking in a country kitchen
- Animated short fluffy monster playing with a candle
- Movie trailer of a spaceman with knitted helmet
- Several wooly mammoths walking through the snow
What might the implications of this be for your business?
Could you use it to create stock footage? Ad campaigns? An entire animated series? 🤔
Or how about using it to create such assets for established businesses, and charging them for the service?
🚀 That's probably the quickest way to earn money from this once it's available to the public.
$160K in 2 Years Selling Spreadsheet Templates
SimplyOrganizedPro
- Etsy Store
- $160,000+ estimated revenue
Unsexy Business Sold for $50 Million
This newsletter is all about making money online, but let's take a quick detour into the offline world ↩️
A recent post on Reddit…
Trash collection.
Friends of mine, a husband and wife team, started this in their 20s.
By age 45, it had grown huge and they sold the company to the largest waste management processor in their country and walked away with $50 million in cash.
Carpet/sofa cleaning. Met someone who is fully booked every single day.
These stories are a good reminder that there are lots of business opportunities in the offline world.
And there may even be more opportunities offline since so many people prefer to stay behind their screens nowadays 😵💫
One of the largest deficits in the coming years are industry tradesmen like plumbing, electrical, hvac, etc. Most millennials were told they had to go to college. Gen Z’ers followed suit. Now nearly any tradesman worth a shit can name their price in most areas.
An article from 2020 tells a similar story 👇
The number of unfilled HVAC technician jobs is about 80,000 or 39% of technicians currently employed. On top of that, we’re suffering a net technician loss of about 8% or 20,000 per year.
(HVAC technician = someone who installs and repairs air conditioning systems.)
One more comment from that Reddit thread…
Most people my age don't want to get their hands dirty anymore. I think it has to do with the social image we now see on social media.
If someone focuses on building a business that requires physical labor or work that requires human interaction together with automated digital processes managed by AI, I believe it could be extremely successful.
Reminds me of that guy who wrote software to optimize his sister's cookie delivery business and sold $200,000 in one month 🤯
So yeah, don't get too caught up looking to make money online.
There are plenty of good business opportunities offline, usually with less competition 👍
$20,000/Month Reading Reddit Posts Aloud
Am I The Jerk?
- YouTube Channel & Podcast
- $20,000 estimated monthly revenue
How To Get Rich With GPTs
OpenAI recently announced the launch of the GPT Store 🥳
That's basically an app store for ChatGPT, where anyone can create their own apps that enhance ChatGPT's functionality.
Simple example: there's a GPT called YouChat that lets you chat with any YouTube video 💬
(Note that ChatGPT Plus is required to build your own GPTs and use those created by others. That costs $20/month.)
Here's an 81-minute video from Liam Ottley breaking down the significance of the GPT Store and showing how you'll soon be able to make money from it 👇
- How to Get Rich With GPTs | Complete Beginner's Guide (OpenAI Custom GPTs)…
Liam says in the video...
Looking back to 2008, when Apple unleashed their App Store, only those with app development skills got a slice of the millions the App Store generated.
The difference for us today is that the skills required to create for the GPT store and start making money can be learned in an hour or two, rather than 3 years of software engineering at college.
GPTs can't actually be monetized yet, but OpenAI plans to launch a “builder revenue program in Q1. So hopefully within the next few weeks 🤞
Liam again…
Since there's going to be tens of thousands of people rushing to this new opportunity, the challenge is not knowing how to create GPTs, but how to create actually valuable GPTs that will stand out from the competition.
Liam lists 5 skills you'll need to accomplish this…
- Market Research and Use Case Identification
- Data Sourcing, Preparation, and Curation.
- Prompt Engineering
- Developing tools that enable your GPT to perform functions.
- Marketing
In the same video, he goes on to create a "stock investing assistant, based on the wisdom of Charlie Munger," showing every step along the way 👀
He also shows how you can take your GPTs out of the GPT Store and use them as chatbots or apps inside of Slack, WhatsApp, etc.
To give you a better sense of what's possible here, here's another GPT that blew my mind 👇
Grimoire is "a GPT coding wizard" created by Nick Dobos, a former Twitter engineer.
Examples of use:
Someone tweeted…
I've been using the GPT Grimoire… which is incredible… I've been relearning Ruby on Rails with it as a teacher and it's been phenomenal.
While creating and monetizing your own GPTs sounds awesome, I reckon the fastest way to make money here is to become a GPT creator for hire 😎
In other words: help businesses create their own GPTs to increase productivity.
Or even just show them how to use existing GPTs, set all that up for them.
Check out OpenGPT.com for inspiration, lots of crazy GPTs listed there 🤯
$6K/Month Business Within a Week of Launching
Ash M
- Co-founder of Repurpose Pie
- $6000 monthly revenue
Productized Service Ideas for 2024
Joe Davis is the co-founder of FATJOE, self-described as…
one of the world’s largest providers of outsourced Link Building, Digital PR, SEO Services, Content Creation and Design and Video services.
Joe has apparently “sold over $70m agency services” 😎
In a recent video, he shares his insights on 10 productized services you could offer…
For example…
🔗 Link building for businesses
📝 Content creation services
🌐 Digital PR that offers value beyond just link building.
🤖 AI services like setting up public and internal chatbots.
📈 Lead generation services which are in demand and easy to demonstrate value.
🎨 Design services like DesignJoy but maybe with a different focus point.
You could get started with this kind of thing by going local first.
Try this approach…
Get that working on a small scale, as a side-hustle, then build it bigger.
Another idea here 👇
While I was researching this story, I saw that FATJOE has a reseller program.
You could sign up for that and sell under your own brand. They fulfill services such as link building, SEO, digital PR, etc.
Ideal if you like selling but not fulfillment 👍
(To be clear: I have no affiliation with the FATJOE reseller program, not even sure if they do good work. Just something that might be worth checking out. There are surely many alternatives out there too.)
$20K/Month After 8 Months: “We Just Make Noise”
Afonso Matos
- Co-founder of Journalist AI
- $20,000 monthly recurring revenue
With This App: If You Can Draw, You Can Code
Get ready to have your mind blown 🤯
tldraw is an open source, free whiteboard tool.
They recently launched a unique AI feature called MakeReal (OpenAI API required) that lets you draw an app or website ✍️
Then, with the click of a button, it outputs the code that brings your app to life.
Here’s the official launch tweet from tldraw, where they quickly create a website.
Since release, people have been using it to make things like…
Incredible, right? 😱
MakeReal and tools like it are making it easy for non-coders to code.
Doesn't look like you can create complex apps with this yet, but you could probably build tiny utility tools and monetise via display ads 🤑
We've covered a few projects like that in previous editions of this newsletter…
- Free Password Generator Making $70,000 Per Year
- Tiny tool, 1 million visitors, $100K/year
- 10-Page Website: 4 Million Visitors and $5000 Per Month
If you'd like to try this yourself, check out Tim Bennetto's process. He's used it to build a suite of tiny tools that bring his website 300K visits each month 📈
$3745 Profit From an AI-Generated Blog Post
Niche Site Lady
- Online Entrepreneur
- $3745 profit in 30 days
Business Idea: YouTubers Would Pay For This
💬 Pat Walls shares a business idea…
Some sort of vetted YouTube/TikTok/Instagram scriptwriter marketplace / job board.
Pain point: Finding good writers for video content is nearly impossible.
Pat started a YouTube channel in April and has grown to 120K+ subscribers since 📈
A big part of that growth is storytelling.
A recent video from his channel will give you a feel for it…
- I Became A Venture Capitalist With Only $1,000…
Back to Pat's business idea…
1/100 people who call themselves writers can actually write video content that performs.
It's so hard to find this talent that creators will just say 'fuck it' and do it themselves, even though it's the biggest bottleneck for any creator trying to scale.
The hard part of this business would be vetting the scriptwriters to be amazing and keep it very high quality.
I would use this and pay for it.
There are surely a whole bunch of YouTubers like Pat who feel the same way.
But before you start building, keep in mind that marketplaces are tough 🙈
I consider them a Level 5 online business.
In other words, among the most complex / difficult / expensive to build.
So if you want to run with Pat's idea, a much-less-difficult approach would be to find 2-3 great video scriptwriters, and start an agency with them.
Your job as head of the agency would be to find brands to work with, and make sure the scriptwriters have everything they need to deliver great results for those brands.
If all goes well, you could eventually hire more scriptwriters and transition into a marketplace business.
💡 Another idea here: how about creating an AI app that generates new video scripts based on the scripts of existing videos?
Simon Høiberg did that for a video several months back (skip to the 3:19 mark)…
But I believe there's still no app that makes this process easier 🤔
6-Figure Paid Newsletter Blueprint (He’s Done It Twice)
Nicolas Cole
- Co-founder of Write With AI
- $200,000 annual revenue
