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#1 Lesson For Freelancers
Lots of great takeaways for consultants and freelancers in this article by Patrick McKenzie 👈 Patrick is a programmer, but stopped calling himself that once he realized it made his services sound like a commodity. Now he chooses to frame his services in a much more lucrative way… “I solve business problems — occasionally a computer is involved.” Also…
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Blueprint: $600k/Year 1-Person Business
Inspired by the success of Nomad List – a $770k+ per year 1-person business – Ben Tossell lays out the blueprint in this thread. A rough summary… However, as the founder of Nomad List notes, “only 4 out of 70+ projects I ever did made money and grew.” So knowing when to quit vs persist is key 🔑 Seth Godin has some good…
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Online Solitaire Site = $10K/Month
Holger Sindbaek’s Online Solitaire site earns $10,000/month from 1 million visits, monetized through display ads. Started as a Mac app, chose solitaire based on market analysis, not passion.
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6-Figure Bird Blogger
Scott Keller worked as an insurance agent for many years before getting into blogging. Initially he blogged about finance, but soon got bored of that and turned to blogging about his passion: birding 🐦 Scott’s site is called Bird Watching HQ, and according to a recent profile… In 2018, the blog made over $30,000. In 2019, it made…
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1 Month Selling a Course = $53,000
Randall Kanna helps job seekers. She apparently earned $53,000 in February alone 🤯 with a course that helps developers prep for job interviews. Two years earlier, Randall spent months creating another course. She gave that one away for free and ended up with only a couple of students. The difference between that product and my course generating $53,000? I spent time…
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$2.5K/Month Selling Resume Templates
Ana Colak-Fustin does that via her Etsy store, including more than $11,000 in two years from this one template 👈 (Check out the slick product images for that template – very well done.) Per a recent interview, Ana had four years of corporate experience working as a recruiter before launching her business in July 2018. It took several…
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$1 Million From These Daily Actions
Alexander Cortes writes about how he’s “made $1 million through Twitter, an email list, & ebooks.” His key habits… Tweet every day, for 5 yearsWrite every day, for 5 yearsOne video a week, for 5 yearsOne hour a day devoted to a skill, for 5 years Success is built on the compounding returns of these daily…
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Your Story of Resiliency
Jim Harmer writes in Work Energy about building his photography blog up to $30k/month. But then revenue declined sharply, and he had to lay off employees. It was an especially tough time for Jim because he’d let his company’s success become a core part of his identity. Accordingly, when the company struggled, he became “truly depressed” 😔…
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Why It Costs That Much
Next time you have a client or customer complaining about price, soothe your frustrations by looping this explicit little ditty… First thing I thought when I heard that: this song would crush on TikTok. Sure enough, a few TikTok videos have used it and racked up millions of views 👀
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$0 Revenue SaaS Sold for $4.5K
Richie McIlroy launched Recover.so last November 🚀 It’s a SaaS to “recover abandoned Stripe checkouts.” Two months later, the business had $0 revenue and Richie wanted to focus on other projects, so he listed Recover for sale on MicroAcquire. Within a couple of weeks he’d sold it for $4500. Takeaway: don’t underestimate the value of a “failing” business. Even though…
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5-Year-Old Website: $500,000/Year
Starter Story is a platform sharing interviews with successful entrepreneurs. Founder Pat Walls automated tasks to streamline operations and grow revenue to $500,000 annually.
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10,000 People Paying Him $1/Month
I’ve been using this screen capture Chrome extension for years and only recently saw that it pulls in $10,000/month 🤑 The premium version costs $12/year (ie. $1/month), so it’s got about 10,000 paying customers. Peter Coles launched the extension way back in 2012 – originally to scratch his own itch – and only monetized it years later when it had amassed…
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Building A Local Newsletter Business
Nathan Barry writes about the first year launching and growing From Boise. It’s a local newsletter for Boise, Idaho (population ~230k) that goes out twice weekly. Here’s a recent edition 📫 Nathan has outsourced pretty much all the work, spending $62k to grow it to 10,000+ subscribers. Though he estimates he could have saved $34k if he had done…
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$8 Million A Year Selling Slime?
A 20-something-year-old named Andrea could be earning as much as $8 million a year selling slime via TikTok (4.4M followers), Instagram (1M) and YouTube (1M) 🤯 That’s according to some public math by Codie Sanchez, who includes a quote from Andrea… “My business would not exist if it wasn’t for social media marketing. We haven’t spent a penny on paid ads, which is very unusual…
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Freelance > Agency > SaaS
Check out Molly Wolchansky’s business journey 👈 She started out as freelance marketer. Her first client was her mother, a real estate agent. Molly gradually took on more clients and evolved her business into an agency. Eventually, feeling “overworked, overwhelmed and underpaid,” she leveraged her deep knowledge of marketing for the real estate industry to launch a SaaS called The Agent…
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