Niall Doherty's Blog, page 164

May 21, 2021

eBiz Weekly #124

eBiz Weekly is a free newsletter packed with tips, insights and opportunities to build your online business. We send it out every Friday to 14,158 legendary subscribers. We also post the content of each email here on the website.

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This week:

The secret to building a $39k/mo businessYouTube to pay $100M for short videosThe Most Interesting Marketer in the WorldFree review of your Amazon listingRoast My Landing PageHow to find the next big thingDon’t buy stuff, buy cash flowThe Einstein of Computer ScienceComplete SEO Course for Beginners (Free)MomentosThe secret to building a $39k/mo business

Jordan O’Connor launched an automation tool for Poshmark about 5 years ago.

Now it’s pulling $39,000 in monthly revenue

He recently revealed the secret to his success:

if I just told you about my product’s revenue growth – it would be a wild story. Starting from “nothing” and growing it to where it is now. What a dream.

What’s not told, is the years and years of learning valuable skills required to pull something like that off.

Any real success takes a lot of time, and chances are, if you’re not what you consider “successful” you may not have been doing it long enough.

YouTube to pay $100M for short videos

Announced last week.

YouTube Shorts is YouTube’s version of TikTok. Videos are 60 seconds or less. See examples on this page.

YouTube pouring millions into this is similar to Snapchat pouring millions into their Spotlight feature last year. As reported in the newsletter a few months back, some people were earning big money via Spotlight, including one woman banking $500,000 for a video of her sister deep frying a turkey

So if you’re looking for a way to break into YouTube, Shorts might be the ticket.

The Most Interesting Marketer in the World

According to one YouTube video, his name is Gabe Whaley, and he’s the founder of MSCHF.

Some of the viral products MSCHF has come out with:

Jesus Shoes, with holy water in the soleCussCollar, translates dog barks into cursesFinger on the App, $20k prize to touch a screen for 70 hours

Back in 2019, Gabe discussed his creative process on the Prehype podcast. Worth a listen to get your own marketing juices flowing.

Brainiac also has a good case study on MSCHF (use promo code EBIZFACTS for a 25% discount).

Free review of your Amazon listing

If you’re selling a product on Amazon, Amazing at Home offers a free review of your listing to help boost sales.

Heard about it on this episode of the eCom Exits podcast

The host of that podcast – Nate Ginsburg – built and sold a $1 million Amazon business, and shared his story here.

Roast My Landing Page

Amazing at Home uses the free offer mentioned above as a lead gen for their $99/month Mastermind Membership.

Roast My Landing Page skips the free offer and charges £149 ($210) for a 20-minute video analysis of your SaaS landing page.

Oliver Meakings, the guy behind RMLP, writes that he’s been offering that productized service for a year, and it’s gone pretty well:

I generated about £20,000 in roast revenue, and another £50,000 of freelance marketing work from clients who discovered me through being roasted.

That works out to $99,000 total revenue, and he reports about $14,000 in expenses

Oliver’s write-up is worth a read if you’re considering offering a productized service – pay special attention to how much he tweaked his offer and marketing to find what worked best – or if you want to improve your landing page conversions.

How to find the next big thing

Steph Smith from Trends (reviewed here) breaks down her clever research process in this thread

An example of an opportunity she spotted recently:

Hard kombucha.

In grocery stores in California, there’s an entire section for it. In Florida, I can’t find it if I try. That won’t be the case in 5 years.

And for the rest of the world? There’s almost no search volume. So much room to capitalize.

If you’re already focused on a niche or industry, you could use Steph’s research process to spot emerging trends and/or find topics to cover on your blog/podcast/whatever.

Don’t buy stuff, buy cash flow

This article is a good reminder to think twice before spending money on stuff that generates ongoing expenses, like a car or a house

Better to spend money on stuff that generates cash flow, like an established business or a nice rental property.

When you purchase future cash flow you become wealthy. When you purchase future debt, you become poor.

Of course it’s not always as simple as that, but you get the idea.

The Einstein of Computer Science

A recent episode of Cautionary Tales told the story of Claude Shannon, the so-called Einstein of computer science and the inventor of the world’s first wearable computer, which he used to cheat at roulette in a Vegas casino back in 1961.

The episode describes how Shannon never stayed focused on one thing for long. Maybe he would have made more significant contributions to the world if he had been less scattered… or maybe his lack of focus is what made him so brilliant in the first place

Indeed, there is evidence that having serious hobbies is correlated with greater career success…

Compared to other scientists, Nobel laureates are at least twenty-two times more likely to partake as an amateur actor, dancer, magician, or other type of performer.

Nationally recognized scientists are much more likely than other scientists to be musicians, sculptors, painters, printmakers, woodworkers, mechanics, electronics tinkerers, glassblowers, poets, or writers, of both fiction and nonfiction. (source)

It’s easy to believe the Elon Musk narrative that you need to work 80 hours per week to change the world. But there’s a good argument to be made that you’ll deliver better results with less work and more “distraction.”

Just be sure to choose your distractions wisely

Complete SEO Course for Beginners (Free)

Ahrefs just dropped a free 2-hour SEO course on YouTube

You’ll need access to the premium Ahrefs tool to make the most of it. They offer a 7-day trial for $7.

Go through that course and play around with the tool for a week, and I bet you could provide valuable insights to many a business with an online presence. At that point, it wouldn’t be too hard to start charging $20+/hour for your expertise.

Follow this 3-step process to find your first clients.

Momentos

You can read my latest batch of personal ramblings here

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That’ll do it for this week.

Feel free to forward this email to a friend, or you can direct them to the online version here: https://ebizfacts.com/ebiz-weekly-124/

In case you missed em, here are the last three editions of eBiz Weekly:

#123 – $1500 for 30 days of napping #122 – $20k/mo affiliate site in a weird niche #121 – $10 For Your Published Review Full archive

Until next week, rock on with your legendary self

—
Niall Doherty – Tbilisi, Georgia
eBiz Facts

By the way...

$10 For Your Review

Have you ever taken a course that promised to help you make money online? If so, share your review of that course and we’ll send you a $10 reward when we publish it.

How To Make Money Online

A deep article laying out all the possibilities for making money online, based on the 6 levels and 19 types of online business.

Recommended Resources

Check out our collection of the best tools and resources for building an online business. Web hosting, email marketing, productivity, top-rated courses, etc.

Free Courses

A massive list of FREE Udemy courses to help build your online business. We only list top-rated courses – minimum 50 ratings – and update every 24 hours.

Find A Remote Job

See our list of the best ways to find a remote job, based on 100+ hours of research and testing.

Start Earning Online

A free crash course to help you build an online business, consists of 11 videos shot in Spain, Russia and Montenegro.

Facebook + Twitter

If you enjoyed the above, come follow eBiz Facts on the socials. We share this kind of content regularly on Facebook and Twitter.

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Published on May 21, 2021 02:09

May 14, 2021

eBiz Weekly #123

eBiz Weekly is a free newsletter packed with tips, insights and opportunities to build your online business. We send it out every Friday to 13,873 legendary subscribers. We also post the content of each email here on the website.

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View the archive

This week:

$1500 for 30 days of nappingThe Far Side of ComplexityDeal of the Week: 25% off BrainiacThe most liked online post everHow 7-Figure Newsletters Make MoneyLearn digital marketing via Acadium$450,000 freelance writing on FiverrLow-rated apps people pay forHow would you grow this?$1500 for 30 days of napping

Quite literally a dream job that Eachnight are hiring for right now.

You basically need to run napping experiments every day for 30 days and report your findings. They’re only hiring five people but you can apply from anywhere in the world.

(Added this to our list of weird ways to make money online.)

The Far Side of Complexity

This 20-minute video by James Jani serves as a sober overview of Bitcoin. Check it out for a simple explanation of how the technology works, and how a single coin went from being worth $0 in 2009 to about $50,000 today

His explainer video on the stock market and investing is also worth a look.

As you’ll see from those videos, James does a great job of breaking down complex topics so they’re easy to understand. Someone who does the same in written form is Tim Urban of Wait But Why.

With the world growing increasingly complex, we need more people like James and Tim.

Is there a complex topic you know a lot about, or could learn a lot about? And then explain that topic in simple terms to other people?

James and Tim have shown that you can make a good living doing just that

James earns an estimated $7756 in ad revenue from each video he puts out, an additional $1600/month via Patreon, and likely much more from sponsorships. And it looks like Tim is earning about $10,000 a month via Patreon alone.

Deal of the Week: 25% off Brainiac

Brainiac is the cheat code marketing professionals have been waiting for: a science-backed online database of 150 cognitive biases, principles and models that influence your customer’s decisions.

Use it to sell more, sell smarter, and sell faster.

I bought it at full price myself, but you can use promo code EBIZFACTS at checkout to get a 25% discount

Click through for a 1-minute video demo of Brainiac and see why it was voted #1 Product of the Week on Product Hunt.

All deals this week Depositphotos: last week’s popular lifetime deal is still availableThe most liked online post ever

It’s this photo of an egg on Instagram, with over 55 million likes

Heard about it via a case study in Brainiac, where it’s included as an example of the Von Restorff Effect, which basically says that things that go against the norm tend to attract lots of attention.

Mimicry comes at a cost. What might seem like a safe choice in a boardroom will most likely be a waste of money. Advertising that feels safe or familiar is actually quite risky.

Everyone else on Instagram was posting flashy lifestyle photos. That was the zig. A simple photo of an egg was the zag, something completely different and therefore remarkable

Take a look at what your competitors are doing. Could you do something completely different that would help you stand out?

(More info about the egg on Wikipedia)

How 7-Figure Newsletters Make Money

Ethan Brooks breaks it down here

He notes that there are 3 main ways to make money from a newsletter:

1. Free subscriptions (monetized via ads)
2. Low-price subscriptions
3. High-price subscriptions

Alone, each can be a multi-million dollar biz. But together they’re better…

Via that thread I found this list of the highest earning Substack newsletters, including one about China ($648k+ per year) and another about the climate crisis ($216k+ per year). And here’s a free newsletter for young professional women that earned $1.1 million last September

Learn digital marketing via Acadium

Acadium is a platform that connects mentors and apprentices, especially in the digital marketing space.

As an apprentice you don’t get paid, but it sounds like a great way to gain real-world digital marketing experience and set yourself up for well-paid work down the road.

They also have a bunch of free courses for learning digital marketing.

I heard about Acadium via an interview with the founder on Mixergy

$450,000 freelance writing on Fiverr

That’s Carrie French, a former music teacher who started on Fiverr back in 2013.

According to Forbes:

French became a full-time Fiverr seller, offering gigs such as writing product descriptions and SEO website content as well as offering her own copywriting ecourse. To date, she’s earned nearly $450,000 and typically works two to three hours a day, seven days a week.

See Carrie’s Fiverr profile here. Side Hustle School also featured her in an episode

Low-rated apps people pay for

If you’re looking to build a money-making app, check out this website for ideas.

[It’s a] list of apps/plugins/extensions from various marketplaces with the option to filter for ideas for which many people pay but arent too happy with the current solution (low rating).

How would you grow this?

Here at eBiz Facts we’re transitioning from in-depth reviews of online business courses (like this), to more of a user-generated review model (like this).

Any course that promises to help you make money online… we’re aiming to collect, validate and display reviews from real students.

Ultimately that should help our readers find the legit courses and avoid the crappy ones

Our goal is to publish 200+ student reviews in the next 2 months, and the niche we’re starting with is Amazon FBA.

There are many smart entrepreneurial people on this mailing list, so I’m wondering if you might have some creative ideas for generating user reviews?

We’re already offering a $10 reward for each published review.

Resources:

2 person team working full time$10,000 budget to spend on rewards and marketing.Established website (DR60) earning $15,000+/mo from in-depth reviews (but not yet much SEO traffic related to Amazon FBA)

So I’d love to know: if this was your business, how would you go about generating those reviews?

Hit reply and let me know.

Or, better yet, drop a comment here so everyone can see your suggestions.

You've been reading the web version of our free weekly newsletter, eBiz Weekly. Enter your email below to join 13,873 subscribers and get the next one delivered direct to your inbox.

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That’ll do it for this week.

Feel free to forward this email to a friend, or you can direct them to the online version here: https://ebizfacts.com/ebiz-weekly-123/

In case you missed em, here are the last three editions of eBiz Weekly:

#122 – $20k/mo affiliate site in a weird niche #121 – $10 For Your Published Review #120 – $225k a year Salesforce Consultant Full archive

Until next week, rock on with your legendary self

—
Niall Doherty – Tbilisi, Georgia
eBiz Facts

By the way...

How To Make Money Online

A deep article laying out all the possibilities for making money online, based on the 6 levels and 19 types of online business.

Recommended Resources

Check out our collection of the best tools and resources for building an online business. Web hosting, email marketing, productivity, top-rated courses, etc.

Free Courses

A massive list of FREE Udemy courses to help build your online business. We only list top-rated courses – minimum 50 ratings – and update every 24 hours.

Find A Remote Job

See our list of the best ways to find a remote job, based on 100+ hours of research and testing.

Start Earning Online

A free crash course to help you build an online business, consists of 11 videos shot in Spain, Russia and Montenegro.

Freedom Business Builder

FBB is a private community of online business builders. Our 300+ members range from people just starting their first online businesses, to experienced online entrepreneurs earning thousands of dollars each month.

Facebook + Twitter

If you enjoyed the above, come follow eBiz Facts on the socials. We share this kind of content regularly on Facebook and Twitter.

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Published on May 14, 2021 05:10

May 10, 2021

123 Affiliate Marketing Review

123 Affiliate Marketing: Pat Flynn affiliate marketing course

This is a stub review of Pat Flynn’s affiliate marketing course: 123 Affiliate Marketing.

(Have you taken this course? Get a $10 reward for your published review! Add your review or learn more.)

Pat’s сourse aims to teach you how to make money online via affiliate marketing.

123 Affiliate Marketing – Key Points

About

A course that aims to teach you how to monetize an online audience via affiliate marketing.

💰 Price

$599 for lifetime access (details)

Overall RatingIncomplete/5
Add Your Review

About our review processHow does 123 Affiliate Marketing help you make money?

Pat’s course aims to help you monetize your existing online audience via affiliate marketing.

If you’re looking to build affiliate sites with the course, that’s not what it’s for. It’s taking an audience you have, or one that you are building toward, and finding the right products to promote, and campaigns to support those promotions.

@PatFlynn on Twitter

Affiliate marketing is when you promote other people’s products or services, and collect a commission for every successful referral.

Learn more about affiliate marketingHow much does 123 Affiliate Marketing cost?

The listed price of Pat Flynn’s affiliate marketing course is $599. That will give you lifetime access to the program.

Keep in mind that you’ll probably need a little extra money to spend on email marketing software to make full use of the course.

123 Affiliate Marketing Discount?

Sorry, there doesn’t seem to be any discount available for Pat Flynn’s affiliate marketing course.

Refund Policy

According to the sales page for the course, there is a 30-day money-back guarantee (source).

123 Affiliate Marketing Alternatives

Here are some other affiliate marketing courses you may want to consider…

Top 10 Affiliate Marketing Courses

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1.The Authority Site System4.8/5 2.The Affiliate Lab4.6/5 3.Project 244.0/5 4.Passive Income Geek3.7/5 5.Commission Hero2.6/5 6.Affiliate Marketing Mastery1.5/5 7.Affilorama1.5/5 8.Making Sense of Affiliate Marketing1.5/5 9.Wealthy Affiliate1.0/5 10.Six Figure Mentors0.7/5
See all reviews of affiliate marketing courses »

Enter your email below and we’ll let you know when we have more info about Pat Flynn’s course.

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Your Thoughts on 123 Affiliate MarketingHave you taken this course yourself?
Add your review here. If we publish your review, it will be shown on this page and you’ll receive a $10 reward (learn more).Do you have a question about this course?
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Published on May 10, 2021 00:38

May 7, 2021

eBiz Weekly #122

eBiz Weekly is a free newsletter packed with tips, insights and opportunities to build your online business. We send it out every Friday to 13,626 legendary subscribers. We also post the content of each email here on the website.

We'll first send a confirmation email to make sure it’s you 🔒
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View the archive

This week:

$1.8 million teaching writingThe Racecar Growth Framework$1500/month for studying full-timeDeal of the Week: Depositphotos772 Startups Hiring Remotely$20k/mo affiliate site in a weird nicheThe Super Mario Effect$100k online community in one yearMomentos + Finance ReportBeing poor is an advantage$1.8 million teaching writing

That’s the estimated annual revenue from David Perell’s course, Write of Passage

Actually, it’s likely much higher than that. David shared in December that they have 600-700 students a year, charging $3000 to $5000 per student.

One key to David’s success has been building an audience on Twitter.

From his article entitled Audience-First Products:

I launched the course with a built-in audience of 10,000 email subscribers and 20,000 Twitter followers. Since I had organic reach, I didn’t have to pay for marketing.

He launched the course in April 2019 and the first two cohorts pulled in more than $200,000 profit

If you want to build an audience on Twitter, here’s a good thread on how to do it via DMs.Twitter is rolling out their new Tip Jar feature, but it has some issues.The Racecar Growth Framework

From Reforge:

Think about your business like a high-performance race car. The same components that help a car drive faster are also the components of your Growth Model:

The (Growth) Engine
Turbo boosts
Lubricants
Fuel

Click through to learn why your Growth Engine is the most important factor, and how four core engines explain the growth of breakout successes like Uber, Salesforce, Slack, Airbnb and Tesla.

(I came across this framework while listening to Lenny Rachitsky on the Creator Lab podcast, a new addition to my list of best business podcasts.)

$1500/month for studying full-time

Computer engineering student James Scholz has a YouTube channel where he live streams his marathon study sessions, with occasional appearances by his cat

Recently he put out a video about how he studied 12 hours a day for a year (excluding weekends).

His channel now has 279k subscribers and recently he’s been getting up to 600,000 views per video

Once calculator estimates that he earns an average of $138 in ad revenue from each video, which works out to $690 per month. Looks like he’s also earning at least that much every month via Patreon. And he has Amazon affiliate links in each video description.

I’d estimate that he’s earning minimum $1500/month from everything, though of course it’s taken him a year of live streaming to get to that point.

A few other live streamers profiled in this article:

#16 – folks in South Korea earning as much as $10k/month for eating on camera#17 – another live-streaming student earning $253 per videoDeal of the Week: Depositphotos

Depositphotos is a library with over 195 million high-quality and royalty-free stock photos and vector images

Right now you can get 100 download credits for only $39. Grab the deal multiple times if you like. Credits never expire.

See all deals this week

772 Startups Hiring Remotely

All in this Google Sheet

Also check this list of additional ways to find a remote job, including 5 Facebook Groups that regularly post remote job opportunities.

$20k/mo affiliate site in a weird niche

The specific site is undisclosed in this interview, but apparently the niche was heat press machines.

As in, machines that print designs on t-shirts

Dan and Naomi Morris started the site in 2015 and built it up to $5k/month within about 18 months. They sold it last year for six figures, by which point it was pulling in almost $20k a month.

What I like most about their story is that they had no knowledge of the niche before getting into it, but through researching and creating content consistently they became an authority on the topic.

7 things you should know about affiliate marketing 23 affiliate marketing website examplesThe Super Mario Effect

Mark Rober’s TED Talk will show you how to trick your brain to learn more and see more success.

Especially worth a watch if you give up on challenges too easily. Mark shows how a simple reframe got people sticking with a challenge 2.5x times longer

$100k online community in one year

That’s Ness Labs, “a community of curious humans who want to achieve more without sacrificing their mental health.”

Anne-Laure Le Cunff started it in March 2020 and it’s now up to $9,272 in monthly recurring revenue, and has earned $109k total so far

The community grew out of a free weekly newsletter Anne-Laure started in 2019.

In a recent AMA she explained how she’d grow the business if she had to start over from scratch:

Start by building an audience, which I did on Twitter and with my newsletter. Once you reach a decent number of followers/subscribers, launch a community so they can connect together (the exact number of followers/subscribers you need depends on the type of community you want to build, for example a small mastermind of 10 community members may only require a newsletter with 100-200 subscribers)

Momentos + Finance Report

Check out my latest personal ramblings, or see how much I earned and spent in my business last month.

Being poor is an advantage

I highlighted almost every one of Kevin Kelly’s 99 bits of unsolicited advice.

Sharing two with you:

Money is overrated. Truly new things rarely need an abundance of money. If that was so, billionaires would have a monopoly on inventing new things, and they don’t. Instead almost all breakthroughs are made by those who lack money, because they are forced to rely on their passion, persistence and ingenuity to figure out new ways. Being poor is an advantage in innovation.

This is the best time ever to make something. None of the greatest, coolest creations 20 years from now have been invented yet. You are not late.

Let’s get to work

You've been reading the web version of our free weekly newsletter, eBiz Weekly. Enter your email below to join 13,626 subscribers and get the next one delivered direct to your inbox.

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That’ll do it for this week.

Feel free to forward this email to a friend, or you can direct them to the online version here: https://ebizfacts.com/ebiz-weekly-122/

In case you missed em, here are the last three editions of eBiz Weekly:

#121 – $10 For Your Published Review #120 – $225k a year Salesforce Consultant #119 – £500K+ from freelancing in 4 years Full archive