Well my goal is to actually get to double that in the next few months. That would mean I have a $100k internet freedom business. And I will walk you through exactly how I plan to accomplish that in this post.
Now I previously wrote about how I made $24,067.08 in Less Than 30 Days in a step by step post here on the forum. But I do not want to use that strategy to hit this target and here's why...
You could call it entrepreneurial ADD (attention deficit disorder) but the truth is I hate the idea of schmoozing with affiliates to get them to push my offer. That method works amazingly but I just don't want to do it at this point lol.
So instead I will be building a super simple funnel that has only 3 components and drive my own traffic. The 3 components are as follows:
- Optin Form / Squeeze Page (to collect emails)
- Quality Lead Magnet
- Recurring Offer (My own or affiliate)
Super freaking simple. I got the idea from how Ben Settle runs his business. He does high 6 figures with just that basic set up (yes there is other things he does but that is the gist of it).
Now to hit my initial target of $167 per day (which is $5000 per month) I need to sign up 106 members into a $47 per month membership that I own or recommend 200 people into someone else's continuity program that pays $25+ per month commission.
If I am being an affiliate for someone else's continuity program then all I need to focus on is driving traffic to my squeeze page and email marketing to the offer.
For traffic I will be focusing on free traffic methods to start. Blogging, Content Marketing, Video etc with everything leading to my squeeze page. (I will probably share the details of everything I am doing in another post on here at some point.)
I will later re-invest some of my profits into paid traffic to really ramp things up.
Regarding email marketing I cannot just keep beating people over the head telling them to join what ever recurring offer i'm promoting they will just leave.
I need to make every email valuable and entertaining at the same time. Using what people like to call Edutainment or Infotainment. So even if they never join they have a reason to open and read my emails.
Some of the best I have seen do this is Ben Settle, Matt Fury and Ryan Lee. I know there are probably more but these are the ones I have come across and liked.
Following this method if you could only get 20 subscribers a day (using free traffic) and you could convert just one of them to sign up to the recurring offer (via email marketing) in just 6 and a half months you will have hit your target of $167 per day income.
Add paid traffic to that then improve your conversions and the sky is the limit.
Too many people try to over complicate things. This is basically the same business model Agora uses. They sell recurring physical newsletters using daily email marketing and they do about $500 million if I am not mistaken.
Hope this post was useful to someone. Would love to know your thoughts. Will you be giving this a go?