Niall Doherty's Blog, page 37

$12,000 Monthly Profit From His Amazon Store

Luu NguyenEcom Entrepreneur $150,000 monthly revenue

A recent interview on YouTube with Luu Nguyen…

Luu is based in Houston, Texas and started an Amazon FBA business three years ago while still in medical school.

Now…

with my store, I’m currently doing 150k a month.

Luu is a partner in five other Amazon stores, and says the minimum net profit margin they aim for is 8%.

So his main store should be earning him at least $12K profit per month.

Luu started with only $800, raised by donating plasma.

He focused on retail arbitrage to start: buying goods in physical stores then reselling them online for a profit.

Later he started doing online arbitrage (buying and reselling online) and wholesale (buying in bulk from wholesale suppliers).

Sounds like Proven Amazon Course (aff link, reviewed here) was a key resource for Luu.

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Zero to $100K/Month Dropshipping in Only 9 Months

BenDropshipper $100,000 monthly revenue

A video posted on YouTube a few months back…

That’s an interview with Ben, a train driver from the UK.

He started 9 months earlier and built a dropshipping business to $100K/month in revenue.

He mentions that his niche is clothing, but provides few details beyond that.

Profit margin unclear, but sounds good…

I was kind of break even… for like 6 months and now it’s really solidified… I’m getting consistent sales everyday, crazy profits which is insane

Ben says his dropshipping biz is paying him more than his full-time job now.

Worth noting that Ben signed up for a mentorship program to help build his business. The video is actually a case study for that mentorship program.

Nonetheless, it all sounds legit and shows that dropshipping can still be a profitable business to start nowadays, especially with the right guidance.

Another video from the same channel that dives more into the “branded dropshipping” approach…

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Sponsored a Micro-Influencer, Got a 20x Return

Cesar GilOwner of Symphony Advertising $2500 per client package

Cesar Gil is the owner of Symphony Advertising, a digital marketing agency

He shares on Reddit…

Last Month, I sponsored a Micro-Influencer for $120. All this person did during their post was say “If you need Web Design or Markeitng Services, contact Symphony Advertising”. 

Earlier this week, I got a call from this company that is looking for someone local to Houston, that can speak spanish, and also knows about marketing. They were interested in our $2,500/month package.

Had the consult, did an audit, and today they agreed to move forward. I have to say, $120 for $2,500 is a heck of a return lol. 

A few ideas off the back of this

Sponsor micro-influencers to promote your own business.Manage micro-influencer sponsorships for your clients.Help micro-influencers find more sponsorship opportunities.Build a database of vetted micro-influencers and sell access to it.



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Try This $780,000 Business in Another Country

StampMyVisa.comVisa Service $780,000 Pre-Series A Funding

#19 on the latest Gaps Income Report…

StampMyVisa.com raised a Pre-Series A funding round of around $780,000 (converted from rupees) in November.

The business allows any travel agent in India to effortlessly handle the visa requirements of their customers who wish to travel to countries like Malaysia, South Africa, Singapore and beyond.

Essentially, they take a tedious job and enable companies to easily outsource it to them.

To date they’ve helped process over 5 million visas with a 98.5% success rate.

… I could totally see people modelling this concept around the world.

How about trying this elsewhere?

More broadly, what businesses have you seen work well in one place that you could emulate in another?

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$100,000+ From His Template Business in 2 Years

Michael AndreuzzaFounder of Lexington Themes $100,000+ revenue

Michael Andreuzza tweets…

✺ Lexington has smashed past six figures in sales!

He’s referring to Lexington Themes…

Premium multipage themes and UI Kits…

Beautifully crafted with Astro.js, and Tailwind CSS — Simple & easy to customise.

Looks like Michael launched that 2 years ago

Nothing fancy here, just doing the work and tweeting about it every day.

Consistently and persistently.

I’ve shared before how people are making good money making templates for platform like Framer and Squarespace

$1000 in 10 Days Despite a Tiny AudienceShe Earned $1 Million Selling Templates

Michael’s templates aren’t built on any particular platform, so they can be used anywhere.

These kinds of templates are much easier to build nowadays with the help of AI

Michael apparently uses Copilot.

You could try building something with that yourself. There is a free version.

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Earning $10K Per Week as a Consultant

No-Winter8632NetSuite Consultant $20,000 monthly revenue

A recent post on Reddit…

Officially had first $10k week

I have been hovering around $20k a month for the past 5 months and right now a lot of things in the biz are starting to come together all at once. 

I’m shooting for my first $30k month in December…

Then in the comments…

I run a small NetSuite consulting company

NetSuite is a big complicated enterprise software.

OP probably worked in a company that used it, then became a consultant, helping companies make the most of the software.

Goes to show that you can make a lot of money if you know your way around software like this

Other examples…

AWSHubSpotJiraSalesforceSAP

Lots of enterprise software have free training and certification programs (eg. HubSpot Academy).

Pick one you already have an interest in, get trained and certified, then hang your shingle

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Subscription Box For Cats = $30,000 Per Month

Alex BrittinghamCo-founder of CatBox $30,000 monthly recurring revenue

Alex Brittingham tweets…

CatBox has crossed $30k in MRR!

CatBox is a subscription box for cats.

Each delivery contains toys and treats.

Plus the box itself…

An added bonus for your fur baby to sit in. If I fits, I sits!

The founders – Alex and his partner Dani – look quite young, perhaps still in their 20’s.

And Alex is bullish on the potential of the business…

CatBox is gonna be a 7 figure brand next year

Mark my words

I’m thinking this business model could work for other pets.

Could also be worth trying in other countries, since CatBox is only available in the USA

More generally, think about a subscription box service you wish existed.

How about creating it yourself?

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$2000/Month Side Hustle Selling Digital Products To Teachers

Rob PhelanPersonal Finance Teacher $2000 monthly revenue

From a recent interview with Rob Phelan…

Rob is a high school math and personal finance teacher at fieducator.com. He’s built an impressive side hustle selling lesson plans and resources online at fieducator.store.

Through the popular platform Teachers Pay Teachers, Rob has turned his passion for financial education into a growing business that regularly brings in $2,000 a month — and it’s been growing 40% a year.

Rob’s products on TPT

As of 2022, more than 300 teachers had apparently earned $1M+ in profit via the platform.

Might be worth looking for best-selling teacher-targeted products on Etsy that don’t have an equivalent on Teachers Pay Teachers, then creating your own version to sell on the latter

Also, keep in mind that this kind of business takes a while to build up…

Rob started small, throwing a few resources up on Teachers Pay Teachers (TPT) and making just $0.52 in his first sale.

He kept refining, learning, and uploading new products — so the magic of compounding effect kicks in.

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This German SaaS is Adding €1M ARR Every 12 Days

Din BisevacCEO of Buena €1 Million ARR every 12 days

#27 on the latest Gaps Income Report…

Buena CEO Din Bisevac said it took almost two years for his property management SaaS platform to hit €1M in annual recurring revenue.

Now it’s growing by that number, on average, every 12 days.

In simple terms, Buena helps landlords with repair management, tenant support, legal services and utility bill processing.

The thing is, Buena is 100% focused on the German market, and their entire website is in German

What if you built similar software targeting a different language?

Property management SaaS is notoriously competitive, but it sounds like there may still be big opportunities if you focus on a non-English market

Also worth considering other popular SaaS products: which of them are doing a poor job of serving non-English speaking customers?

Could you fill that gap?

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She Sold Her $100,000+ Per Year Podcast Agency

Brigitte LyonsFounder of Podcast Ally $100,000+ annual revenue

A recent story about Brigitte Lyons and her business Podcast Ally…

Six months after closing her podcast agency, she sold the business for its IP

Excerpt…

[the agency] matched clients with the right-fit podcasts and prepared them for guest appearances…

Before shutting down, Podcast Ally was bringing in 6 figures of annual revenue by working with clients whose year-long contracts averaged $24,000.

Reminds me of Podcast Clout, featured previously…

Sold Her Podcast Pitch List for $100,000+

So clearly there’s a market there for helping podcasters connect with guests

Could you start something in this space?

Also pretty cool that Brigitte was able to sell a business that she’d shut down months prior.

Do you have any old projects that could be worth something?

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We treat all income claims we find online with skepticism.We don’t report incomes that seem especially controversial or unrealistic.We cite our sources and/or share our calculations so you can see where the numbers come from.If there are uncertainties about an income claim or estimate, we tell you what those are.

If you see an income claim or estimate that seems off, please tell us so we can fix it.

Is this kind of business right for you?

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