Niall Doherty's Blog, page 37

December 26, 2024

He Turned $20K into $1.7M Trading Crypto

Headshot of Craig PercocoCraig PercocoCrypto Trader $1.7 Million revenue

A recent video from Craig Percoco…

He begins…

Starting with about $20,000 in 2021, I’ve now been able to turn that into a 7-figure crypto portfolio by following my game plan using strategic compounding and understanding market cycles

On screen he shows a portfolio balance of $905,564 from a couple of weeks before the video was posted.

And the video title implies he’s earned $1.7 million overall.

Craig emphasizes the importance of managing your emotions in this line of work…


Most people are following normal human intuition, which is the exact opposite of how you should act when investing…


You have to fight every natural tendency you have as a human being to invest at the right time…


People only want to start buying when prices are high because it feels safe, but that’s usually the worst time to invest.


Also risk management…

Not every investment will succeed, which is why it’s critical to diversify and not overexpose yourself to any one asset.





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Published on December 26, 2024 05:56

He Turned $5 into $1000 in 4 Days Trading Forex

Headshot of Anthony AlvarengaAnthony AlvarengaForex Trader $12 Million revenue

A recent video from Anthony Alvarenga…

He says in the video…

I have $3 million in cars, $10 million in houses, and I’m making about a million a month overall

Sounds like not all that money has come from trading forex, as he mentions earning up to $100K/month teaching as well.

And it was slow in the beginning for Anthony…

This did not happen overnight, this took years… it took years for me to finally turn $100 into $10,000

Another recent video from Anthony that highlights his expertise…





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Here’s how:

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Published on December 26, 2024 05:36

$500/Month Software Business (With Big Potential)

Josh StrangeJosh StrangeFounder of GrubBux $500 average monthly revenue

An annual thread on HackerNews…

Ask HN: Those making $500/month on side projects in 2024

One response 👇


I have a side business when I provide software for online and in-person festival payments (entry/food/drinks). If you take the total revenue (or profit) for the year and divide by 12 I’m well over the $500/mo limit.


I currently do 3 festivals a year which all pretty much fell in my lap, I’ve yet to start any sort of sales/marketing due to being busy with my day job/life and not wanting to grow too fast…


Each new festival has new needs but I’m starting to get fewer feature requests and less I need to build for each new client which is nice.


Lots more details in the full post + comments.

Pretty sure this is the business: GrubBux

Sounds like there’s a lot of potential for software like this, but OP isn’t in a position to capitalize.

Could you? 🤔

Or if you’re a marketing person, perhaps there’s a partnership opportunity there.





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With that in mind, we strive to ensure the accuracy and transparency of the income claims and estimates that you see on this website.

Here’s how:

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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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Published on December 26, 2024 04:32

They’d Pay $1000/Month For This Productized Service

Olly MeakingsOlly MeakingsCo-founder of Senja.io $48,000 monthly revenue

Olly Meakings is the co-founder of Senja.io, software to help you collect and share customer testimonials 🤩

The business was at $2K/month a couple of years ago. Most recent report has it at $48K/month.

💬 Olly tweets a productized service idea…


Customer knowledge base articles as a service


Pay $50 an article or $1000/month


You track article feedback, product changes, and feature launches


Create + update articles


Your clients get fewer support tickets because their customers can self serve


Sounds like Olly would be happy to pay for such a service for Senja, as would a few people who responded to his tweet 🔥





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Our goal at eBiz Facts is to give you accurate information about online business so you can gain clearer insights, make better decisions, and achieve your own success.

With that in mind, we strive to ensure the accuracy and transparency of the income claims and estimates that you see on this website.

Here’s how:

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?

Check out our framework to see the 19 types and 6 levels of online business, and discover which is best for you.

Other ways to make money online

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Published on December 26, 2024 03:59

He’s Earned $1.9 Million via His Free Facebook Group

Headshot of Dave SmithDave SmithFounder of YunaPRO $1.9 Million revenue

A recent video by Dave Smith…

Dave started a Facebook group in 2021 called Audience & Influence, now with ~16K members.

He shows at the 0:20 mark of the video that he’s generated $1.9 million in sales from “one of” his Facebook groups 💰

Presumably the same group, since the revenue graph also starts in 2021.

Looks like Dave uses his group to provide free value to members, and eventually direct them to his paid training here.

Another recent video on YouTube 👇

That’s by Bex Band, who also built a business off the back of a free Facebook group.

Her group…

Love Her Wild; Women’s adventure community (UK)

Bex says…

What started out as a little Facebook group has actually grown into a pretty big organization… that takes thousands of women on adventures each year… it’s also built a career for myself and it’s provided loads of really cool opportunities

🤑 Bex leverages her group to make money in a few ways…

Organized tripsSponsorshipsBook salesSpeaking engagements

Goes to show that there’s still plenty of money to be made via Facebook groups.





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Our goal at eBiz Facts is to give you accurate information about online business so you can gain clearer insights, make better decisions, and achieve your own success.

With that in mind, we strive to ensure the accuracy and transparency of the income claims and estimates that you see on this website.

Here’s how:

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?

Check out our framework to see the 19 types and 6 levels of online business, and discover which is best for you.

Other ways to make money online

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Published on December 26, 2024 02:50

Short Form Video = Waste of Time. Do This Instead.

💬 Neil Patel tweets


You’re wasting your time creating short form videos.


We worked with 41 businesses to track what they spend on content (including employee hours) and what it generates in revenue.


He includes a graph that shows the best kind of content in terms of ROI 👇

WebinarsBlogCase studiesEmail newsletterTools

You could build an agency or productized service around any of those.

We covered the last one recently…

Earn $500 Per Day Building These Tools With AI

But my favorite from the above list is webinars 😍

Seems old-fashioned now but they’re still a big thing.

This guy on YouTube has some great content on webinar funnels.

Study up on that, then start helping businesses create awesome webinars 💪

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Published on December 26, 2024 02:41

ChatGPT Business Idea With 2000+ Bookmarks

🤖 Sam Parr uses ChatGPT as an executive coach / thought partner…

– It’s spent loads of time asking me questions about myself, my goals, my strengths, weaknesses, business financials.
– I’ve given it books to read and asked “how would this author approach this problem.”
– Even things like “what should the focus be this week to hit my goals”?

😕 But there’s a problem…


I just use the same prompt window in ChatGPT.


This is less than ideal because the context window prolly isn’t long and its forgetting stuff.


Plus if this prompt thread goes away, hours of training it is now lost.


What’s a good way to solve this?


Lots of bookmarks and comments on the tweet.

Seems a lot of people would be interested in a layer on top of ChatGPT that solves this 👍

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Published on December 26, 2024 02:19

Reddit Just Had Its First Profitable Quarter, 19 Years After Launch

Reddit logoRedditDiscussion Platform $348 Million quarterly revenue

📝 The Verge reports


Reddit just turned a profit for the first time. As part of its third quarter earnings results released on Tuesday, the company reported a profit of $29.9 million, along with $348.4 million in revenue — a 68 percent increase year over year.


The company hasn’t been profitable at any point in its nearly 20-year history. Since going public, Reddit lost $575 million during its first quarter on the market, but it decreased that loss to $10 million last quarter and is now finally in the black.


Another report explains Reddit’s new-found profitability…

Reddit’s user growth is surging, helping build momentum for advertising sales. It also has a new revenue stream in AI content licensing.

I have a love-hate relationship with Reddit 😕

On the one hand it’s a great one-stop shop for finding real conversation about any topic.

On the other hand, Reddit has pretty much killed the thousands of independent forums and message boards that once populated the internet 😭

There seemed to be one for every possible niche, operated and moderated by people passionate about their chosen topic.

I’m sure many of those people made a decent living from such forums as well.

But now Reddit has replaced them all 😔

Worse still: it’s apparently against Reddit’s terms of service to monetize a subreddit, so those old-school forum operators can’t simply shift operations to Reddit and continue to earn a living.

Although that may soon change…

Reddit might let users make paid subreddits



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Our goal at eBiz Facts is to give you accurate information about online business so you can gain clearer insights, make better decisions, and achieve your own success.

With that in mind, we strive to ensure the accuracy and transparency of the income claims and estimates that you see on this website.

Here’s how:

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?

Check out our framework to see the 19 types and 6 levels of online business, and discover which is best for you.

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Published on December 26, 2024 01:42

Elopement Matchmaking Service: $1.4M in Bookings in Year 3

Headshot of Janessa WhiteJanessa WhiteCo-founder of Simply Eloped $1.4 Million bookings in year 3

Simply Eloped is a marketplace site that connects couples with venues and vendors for elopements or small weddings 👰

Founded by Janessa White and Matt Dalley in 2016, the business recently sold for an undisclosed sum.

They Got Acquired has some numbers…

The business brought in $40,000 in bookings in its first year, $300,000 the following year and $1.4 million in year three, White told Hampton. By 2021, she’d built an $8-million business, according to Bootstrappers.

I suspect that last number refers to gross volume 💰

Unclear what kind of cut Simply Eloped takes from each booking.

Janessa also told Hampton in 2023…

To date, we haven’t been an incredibly profitable company but I can proudly say this is the first year we’ll be turning that corner.

They must have received a good offer to end up selling only a year later 😎

And while marketplaces are a tough business due to the chicken-and-egg problem, it’s worth considering what other niches this could work for.

Think: where else is it currently difficult for buyers and sellers to connect and do business? 🤑





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Learn more about income claims and estimates on this website

Our goal at eBiz Facts is to give you accurate information about online business so you can gain clearer insights, make better decisions, and achieve your own success.

With that in mind, we strive to ensure the accuracy and transparency of the income claims and estimates that you see on this website.

Here’s how:

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?

Check out our framework to see the 19 types and 6 levels of online business, and discover which is best for you.

Other ways to make money online

There are many other ways to make money online, to work from home or anywhere in the world.

Full list of ways to make money onlineMore profiles of online money makers👇 Subscribe to eBiz Insider 👇

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Published on December 26, 2024 00:44

$10M+ Per Year From a Marketplace He Built For Colleagues

Headshot of Paul EdelmanPaul EdelmanFounder of Teachers Pay Teachers $10+ Million annual revenue

Teachers Pay Teachers is an online marketplace where teachers buy and sell teaching materials like lesson plans, worksheets, printable games, etc.

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

One TPT success story we featured recently…

$2000/Month Side Hustle Selling Digital Products To Teachers

🚀 TPT’s origin story


In 2006, Paul Edelman, a New York City public school teacher, had a light bulb moment. He noticed that his students learned best when he incorporated teaching ideas from his colleagues…


So he decided to build a website where educators everywhere could share their ideas and resources.


Hard to get an exact revenue number for the business, but one estimate has it between $5 and $25 million per year, and other estimates go much higher.

Safe to say TPT is pulling in at least $10 million per year 🤑

Especially when you consider this 2019 report

last year, around 70 percent of all U.S. educators utilized the service.

I love that Paul Edelman was a teacher himself and built an online marketplace that would allow his colleagues to earn money from existing activities.

Could you do something like this for another niche or profession? 🤔





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The goal of our Online Money Maker profiles is to show you all the different ways people make money online. We strive to ensure that each profile is realistic – no hype, no scams – so you can see what it really takes to build each type of business.

If you'd like to hear when we publish new profiles, subscribe to our free newsletter below. Each edition is packed with tips, insights and opportunities to build your online business. We send it out every Tuesday and Friday to 23,058 legendary subscribers.

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See our latest profiles of Online Money Makers


Learn more about income claims and estimates on this website

Our goal at eBiz Facts is to give you accurate information about online business so you can gain clearer insights, make better decisions, and achieve your own success.

With that in mind, we strive to ensure the accuracy and transparency of the income claims and estimates that you see on this website.

Here’s how:

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?

Check out our framework to see the 19 types and 6 levels of online business, and discover which is best for you.

Other ways to make money online

There are many other ways to make money online, to work from home or anywhere in the world.

Full list of ways to make money onlineMore profiles of online money makers👇 Subscribe to eBiz Insider 👇

Every Tuesday and Friday we email 23,058 people like you with top tips, insights and opportunities to build your online business. No hype, no scams, no fake gurus. Sign up below to get the next one.

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Published on December 26, 2024 00:19