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Side Hustle Nation has an interview with Timmy Bauer, who leveraged his knowledge and skills from writing kid’s books into a book production company 📚
This new path has taken Timmy from “just over the poverty line” to running a 6-figure business in the last 12 months.
The books are super niche – aimed at kids, explaining what different jobs are like – but the most interesting part to me is how Timmy initially priced his service at $500 a pop…
Timmy has raised the price of his service several times since then. Today he’s charging $6,000 for his standard service and has a team he works with.
His hourly rate at that $500 price probably worked out very low, but it was necessary to land those first customers, gather feedback, and see if the idea had potential.
Reminds me of that billionaire who started out selling chewing gum and delivering newspapers 🗞
So if you’re wondering how to earn $100,000 online in 12 months… start by figuring out how to earn $1, then $100, then $500.