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A word of caution (re: affiliate marketing)
I’ve been getting a strong impression lately that many eBiz Facts readers are jumping into affiliate marketing because they see me having increasing success with it. Please keep in mind that a massive factor in that success has been my 8 years of experience working online BEFORE starting eBiz Facts. I did freelance web design and project…
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$25k from first-time ebook launch
That’s Shawn Wang’s story. The book is called The Coding Career Handbook, and it went from conception to launch in less than 3 months. Shawn wrote on Indie Hackers: “I had a lot of small little tactical lessons learned but honestly i dont think I did anything unusual. just followed standard launch advice everybody says.” He lays…
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Free training for top 10 in-demand jobs
This week Microsoft announced an initiative “to help 25 million people worldwide acquire the digital skills needed in a COVID-19 economy.” They’ve identified the top 10 most in-demand jobs and are offering relevant training courses for free on LinkedIn Learning. Here’s the list: They’re also offering some “soft skills” training free of charge:
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Beef Marketing
I heard about this concept on a recent episode of the My First Million podcast 🎧 Basically, you pick a fight with a business that’s bigger with you, calling them out for something you think sucks. The guys at Basecamp/Hey wrote about it back in 2010 and it looks like they’ve been following their own advice recently by picking a…
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Mom’s $1000/month Fiverr side-hustle
A few months back, Charvee Buch taught herself web design so she could build her own ecommerce site. The site never took off, but Charvee figured she’d learned enough about web design to start offering that as a service on Fiverr. Fast-forward four months and she’s already earned $4,500 from her Fiverr gigs 💵 What skills could…
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Apply it in one direction
I heard from a few people this week who are working on several projects at once. That always strikes me as dangerous ⚠️ This quote from Thomas Edison (via James Clear) helps explain why: “You do something all day long, don’t you? Every one does. If you get up at seven o’clock and go to bed…
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Buying and selling shares in people
Speaking of investments, the Hustle has a write-up on a company that lets you buy and sell shares in people 🤑 Entrepreneurs and futurists are selling up to 500 hours of their time — priced at 1 hour per share — over at Human IPO. […] The idea is this: As the people behind the IPOs become…
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Robo Advisors: $25,000 Comparison Study
Robo advisors “create investment portfolios based off of automated strategies.” They’re basically a set-it-and-forget-it investment strategy. You might have heard of Wealthfront and Betterment – those are robo advisors 🤖 Day Trade Review deposited $5000 in each of five different robo advisors and have been measuring the performance and benchmarking them against the SPY ETF. After a…
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3 Levels of Pricing
Charles Burdett writes that plenty of people still buy his £90 physical product – a card deck to facilitate workshops – even though he gives the digital version away for free: I’ve learnt that there’s only three levels of pricing: Premium, free or Introductory Pricing. The psychology around introductory is that it rewards loyalty to customers,…
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Startup School from Y Combinator
Y Combinator is a startup accelerator. They’ve helped launch over 2000 companies, including Stripe, Airbnb, Dropbox and Twitch. All combined, the valuation of the top YC companies is more than $150 billion 💰💰💰 Oh, and they teach a lot of their best stuff for free via the YC Startup School. Here’s the curriculum. 30 lessons total, about…
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63 business opportunities the virus has created
Exploding Topics has the list, backed by real data 🤓 They also give an explanation for each opportunity (easier to read on Reddit). For example: TikTok Editor – interest is up 7,200% why the growth: TikTok usage has exploded over the last few months. And as brands enter the platform, they want professional editors that can…
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Interesting way to get freelance clients
Alec Larson builds sites and sells them on Flippa, makes about $1000/month doing that 💰 But he also writes: Every time I auction a website, one lucky person wins and becomes the new owner. Of the people who don’t win, a lot of them send me job offers to build similar websites for them. Since I’m creating…
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Mike Tyson earning $100k/month on Facebook?
Actually, it might be as much as $150k per month, according to this video from Lester Diaz… The money comes from showing ads on videos shared on Tyson’s Facebook page, which has 8 million followers. Rather than creating original content, Tyson’s team shares licensed videos that are proven to go viral 📈 If you have a Facebook…
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Uncomfortable with selling?
If so, watch these two short videos by Ramit Sethi… In the second he talks about becoming “the trusted advisor” for your clients, a concept from a book of the same name: The Trusted Advisor talks about how it’s your duty to put your clients first. And if you put them first, if they see you as their trusted visitor,…
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Success = Sales + Marketing + Production
On Reddit, the owner of a $1m company writes that “the successful execution of 3 areas is a guaranteed recipe for a healthy business.” I reckon the 3 areas he lists are just as important for an online business 💻 Marketing: “The entire purpose of marketing is to generate opportunity. Opportunity for people to interact and potentially…
