6 Figure Products...How?

Sorry, Randall, but I disagree. Most of the people running in my circles make over six figures online and very few of them have products above $100.

With the right funnels, some solid JV partners, and a good head on your shoulders, you can make six figures rather easily without offering any products over $100 and without spending much on advertising.

Skepticism in moderation is a "good" thing - just don't let it cloud your thinking.

Like many of the things that worked well in the past, that "6-figures per year" is somewhat dated too. In a thread last summer (2011) it was fairly evident to me that the new gold standard is 1K per day.

The fascinating part to me is that virtually any model in any niche can be scaled up to earn you 6-, 7-, 8-figures IF you are prepared to do what it takes to get from where you are today to where you want to be.

My personal choices are evergreen niches that I already know a LOT about and have some genuine passion for them. That makes it less like trading one treadmill for another, and as often as not more like fun than work.

I've never considered myself a "writer" but I've always been in a position - military, industry, undergraduate and graduate student - where it was NOT optional. I simply had to write whether I wanted to or not, whether I felt inspired or not, and always with some arbitrary deadline hanging over my head.

I knew coming in that there weren't any existing products that were appropriate for the audiences I was targeted. Again, no choice - I would have to create the entire product line for my sales funnel from scratch. That may not apply to your niches, then again, it may be just the competitive edge that you need to stand out from the herd.

What worked for me is precisely what you'll read time and again in these threads - it's always about what your customers want, not what you want. They don't want history lessons or academic dissertations, they want answers, solutions, results, and they want them now. Take care of your customers, and you won't have to worry about money.

It took me 18-20 hours a week for the first 6 months, gradually tappering off to closer to 12-15 hours over the next 6 months, and further to 6-10 hours up until 13 weeks ago when I took a hiatus to work closely with a group of college students so they could ramp up their online businesses so they'll be earning their "gold standard" to equal the average salary of a tenured full professor at Harvard by the time the earn their master's degree.

The point being that their models and blueprints are as diverse and unique as their chosen niches as the necessarily have to be for everyone who expects to succeed in this or any other business.

You can and should adopt tested and proven techniques but the tricky part is fine-tuning all of them to work together in synergy not against each other in self-sabotage.

Not necessarily true.

There are alot of experts in their chosen field and have knowledge that could be turned into a coaching program that could bring in six figures a year, but they are only making a measly income.

What they are lacking is any marketing skill, or any idea on how to get that information out to a wide enough audience.

Lots of coaching has nothing to do with how much money someone is making and so this isn't a requirement at all. For example, fitness coaches don't normally delve into finances.

Besides coaching isn't about the coach - it's about the client. For example it doesn't matter whether your doctor smokes or not and has no bearing on whether you smoke or decide to quit. Apples and oranges.

Mark