You’ll eventually become numb to hard-times. You will instead see hard-times for what they really are.
Hard-times test you to see if you really want what you said you did. If you can handle them, the world is yours.
Mike Cernovich went on to say…
Be specific. You’re not going to write, “10 Ways to Improve My Life.” You’re going to write, “10 Ways to Lose 20 Pounds,” or “10 Ways to Read More books,” or “10 Ways to Spend More Time with my Family.”
This is super crucial. I wasted 8 years being vague with what I wanted out of life. All I wanted was to be my own boss and make 1 million dollars by 26.
Well, those are two of the vaguest aspirations ever. Those aspirations are just as good as spoiled milk.
In other words, you can drink it and call it milk. But you’ll end up getting sick and having to start over.
So after I walk through this exercise. PLEASE BE SPECIFIC. Save yourself 8 years of time and start off the right way.
10 Ways to Improve My Income is an okay title. But I’m not going to risk being vague again. Improving my income could result in only a dollar more.
And that isn’t acceptable to me.
So let’s go with this title instead…
10 Ways to Make $3,000 a Month Online By 10/19/2018
Ahh that’s more like it. We’ve listed out the exact amount and a deadline. This makes it real and achievable.
But why does being specific matter?
By being specific you aren’t throwing ideas against the wall. Instead, you’ve got a deadline for your income.
From there you can easily figure out the best path to get there.
Because most people just say they want an extra $1,000 a month. I was one of those people not too long ago.
And guess what?
I got just that. But it wasn’t for my online work. It required me to stay in one place and have to leave my house to collect the checks.
Which is the exact opposite of making money online. Here are 10 ideas for making $3,000 a month by 10/19/2018.
Release a video course
Launch your secret project
Start an events business
Launch a t-shirt campaign (link)
Startup SD again
Offer social-media management
Release a new book
Now that we’ve got 10 ideas listed out. Let’s slice through each one and find the one. The one is the most practical.
So now let’s go through each idea and see what it’ll take.
1) Release a Video Course
Video courses are a great way to generate income. I could easily record 5 hours of premium content and charge many times more than I could for a book.
Why? Because video course take more time and are more personal. My book Think and Go Hustle sells for $8.99 per copy.
While I’ve had over 1,000+ downloads of the PDF alone. From a business standpoint, it would make more sense to focus on a video course.
With a video course, I could charge $35, $125, or even $597. Let’s take a look at the math and compare them.
PDF: $8.99 x 100 sales = $899
That isn’t bad, but 100 sales can take time. There are only a handful of associates of mine who hit those numbers regularly.
To get 100 book sales requires plenty of content, loyal readers, and time.
Video Course: $75 * 100 = $7,500
I got goosebumps as I worked out this math. As you can see from a value standpoint and profit standpoint.
Releasing a video course would be a great idea. For one I know that I could sell 100 courses within a 6-month period.
From the loyal readers on this blog to my network. Moving 100 units is VERY realistic. But how exactly would I create the video course?
Well, I would need a platform to host the course on. Luckily I already have the platform selected. ✔
Video course outline. ✔
Camera setup. ✔
Video editing software. ✔
Looking at what all I need to get started and launch my video course. I have everything except the content.
I imagine with a few days worth of recording. I could have the course recorded and then spend 1-2 weeks editing.
You may think that 1-2 weeks sounds too long. But when it comes to product creation, there are plenty of unforeseen things.
I learned that when I wrote Think and Go Hustle. Most of the writing was completed within 2 days.
From there it took 5-months to get it edited, a cover designed, deal with issues, and put together a sales-page.
If it weren’t for my team behind the scenes. It would’ve taken me 8-months of trial and error.
And seeing as a video course is more in depth and has many moving parts. I’d say 1-2 weeks of editing is reasonable.
That’s just editing though.
From there you’ve got to take into consideration everything else. Marketing, sales-page, user-dashboard, and other details.
So we’re looking at one to three months. The only reason I can pump it out that fast is that I’m much more experienced now.
Also, I know the right people to bring into the project. When I was working on my book. I had to fire 3 different people.
They were time wasters and plain lazy. But that’s just a part of building a business. You find what works and what doesn’t work.
Idea Rating: 8/10
2) Launch Your Secret Project
My secret project is something that I’ve wanted to do for 2 years now. While I’m not going into exactly what it is.
It would require a website, YouTube channel, and IG.
But most brands take at least a year to build. Of course, with my level of influence. I would be able to speed that process up.
However, I have no interest in giving my energy to a venture like that.
Idea Rating: 1/10
3) Start an E-Com Store
A friend of mine recently gave me access to his dropshipping course. I’m about 20% into it as we speak.