Niall Doherty's Blog, page 46
November 4, 2024
$1M Business Idea Framework Hiding in Plain Sight
Ashish HirparaOdoo Developer $10,000 monthly revenue
Pat Walls tweets the framework…
Step 1: Find a $1B saas.
Step 2: Build tools on top of it.
He goes on to give a few examples, such as…
$180K/year Notion form builder$7K/month Telegram bot$50K/month Chrome extensionAshish Hirpara responded to Pat’s tweet with his own example 
I have build $10k a month business…
Basically we sale custom apps on odoo app store, same like shopify store but for enterprise businesses
Check out the Odoo apps store and Ashish’s Odoo service.
While you could try building an app like Pat suggests, I reckon a service business on top of a $1B SaaS company is a more reliable way to earn $10K/month 
Odoo isn’t even a $1B company yet – and I’d never heard of it – but Ashish is earning good money with his piggyback service.
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Learned How To Do This Online And Charges $70/Hour
Kate JohnsonBookkeeper $70 per hourHere’s a profile on Kate Johnson, who started a bookkeeping business in 2017 and now earns $70/hour working from home 
This is key…
In the US, there are no formal certifications required to call yourself a bookkeeper…
all of the major bookkeeping software providers have their own certification programs. By taking these, you can demonstrate you’re proficient in using their software. But you’ll still need a foundational education on the rules of accounting.
Kate took some online courses to learn the ins and outs of bookkeeping.
She found her first clients via in-person meetups and Paro, “a kind of matchmaking service for bookkeepers and small businesses” 
She charged $20/hour starting out.
Kate has niched down to bookkeeping services for Freshbooks users and uses her YouTube channel for marketing.
Definitely plenty of opportunity in this space.
How about launching your own bookkeeping business? 
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This Faceless Review Video Probably Earned $400+
A post on Reddit…
The product is Infography, an AI tool that turns blog posts into infographics.
Researching it, I found this video review on YouTube
…
It’s a simple screencast with a voiceover, the guy just trying out the tool for the first time and sharing his impressions.
Nothing fancy.
Posted 3 months ago, the video has ~5000 views on a channel with only 16K subscribers 
He has an affiliate link for Infography in the description, and gets paid 30% per referral, works out to $15-45 commission per sale.
I wouldn’t be surprised if that video has earned $400+ in commissions 
And that channel is posting a review video like that almost every day.
Lots of opportunity for review channels like this, similar to how niche review websites started taking off back in the day 
October 31, 2024
$300K ARR From A Tool He Launched 6 Months Ago
Jan HammerFounder of 3D AI Studio $300,000 annual revenue
Jan Hammer tweets…
I just hit an insane Milestone
From 0-300k ARR in 6 Months as a Indie Hacker!
… 1 Person Team.
60% Profits
His business is 3D AI Studio, an AI tool that generates 3D models from text or image 
Apparently Jan was developing the tool for 4 months before launch.
This gets me thinking: what other AI generation tools could you create?
Text and image generation are now standard.
And Jan is crushing it with 3D model generation.
(Maybe room for a competitor?)
For inspiration, you could look at the 1+ million AI models listed on Hugging Face 
Default sort is trending but you can also sort by most likes or most downloads.
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Here’s how:
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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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This QR Code Generator Could Be Earning $5 Million Per Year
QRFY.comQR Code Generator $1-5 Million estimated annual revenueCheck out QRFY.com, a QR code generator.
Staticmaker tweeted about it recently…
generates 4.1 million visits a month.
monetization via subscriptions.
estimated revenue 1 to 5 million a year.
Perhaps there’s room for a competitor there, though I reckon the market is already saturated.
But how about offering QR code setup as a service for restaurants or bars in your area? 
Set up their digital menu, the QR code, and the QR code stickers.
A lot of operators don’t know how to do this themselves.
Once you have the relationship there are a bunch of other services you could offer them 
To get started, find a local bar or restaurant that doesn’t have QR codes and offer to set it up free of charge.
Do a good job, get a testimonial, leverage that to get paid for the next one 
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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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$90K Per Month From His Book Arbitrage Software
Peter ValleyFounder of Zen Arbitrage $90,000 monthly revenueA story about Peter Valley 
Valley started out finding free or cheap books and flipping them for a profit 
Then, in 2015…
he turned this passion and money-making gig into a software, Zen Arbitrage, which scans Amazon for books listed under their typical selling price.
In 2022, when he sold his business, Zen Arbitrage had 750 paid users and raked in $90,000 in monthly revenue
Perhaps an opportunity there to build similar software for other niches on Amazon.
Or for other big marketplaces, such as eBay, Etsy or Poshmark 
A killer app could be one that does this for event tickets, scanning platforms like StubHub or Ticketmaster to identify underpriced tickets that could be bought and flipped (where permitted).
What other arbitrage opportunities could you help people take advantage of? 
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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 onlineThere 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
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She’s Earning $400,000 This Year From 4000 Email Subscribers
Jess CampbellFounder of Out in the Boons $400,000 annual revenue
Jess Campbell writes about her website and newsletter that helps nonprofits make more money via email…
Today, Out in the Boons has an email list of 4,000 nonprofit fundraisers and I’m on track to earn $400k in my business in 2024.
Jess started small, covered a broad range of topics in her niche, eventually found something that worked well…
teaching fundraisers how to write effective fundraising emails.
She first monetized with a virtual summit, which earned her $10K while also growing her list 
One of the main ways she monetizes now is via a template shop.
Also…
I host an annual Black Friday Bundle for Nonprofits that generates $30k+ in sales and adds 300 new buyers and email subscribers to my list in just seven days.
Could you put together a Black Friday Bundle for another niche?
Or help established influencers do that for their niche? 
(BF 2024 is Nov 29th, btw)
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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 onlineThere 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
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He Built a Multi-Million Dollar No-Code Empire
Levon TerteryanCo-founder of Zeroqode $1+ Million annual revenueFrom an interview with Levon Terteryan of Zeroqode 
My co-founder Vlad Larin and I started working out of a shared desk in a coworking space. Now, we’re an international remote-first team of over 60… We did it all with just $200 investment that we spent on our landing page design.
Fast forward to today – we are a 7-figure business and we control more than 60% of the revenue of Bubble’s plugin marketplace.
So they’re a no-code agency and sell their own products (700+) via Bubble 
See their products listed here (plugins tab).
Sounds like there’s lots of opportunity for people who know their way around Bubble.
Get skilled with that platform and you could…
Build and sell your own pluginsBecome a freelance Bubble developerWork for a company like ZeroqodeBuild your own profitable productsExamples of the latter 
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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 onlineThere 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
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October 28, 2024
Zero to $2000/Month in 4 Months, Then Sold For $70,000
Hero AltmanFounder of Twitterthread $70,000 approximate sale price
Ayush tweets…
Does this tool exist?
1. Fetch latest post from my Blog/RSS
2. Summarize it/ Repurpose it with AI for each platform
3. Cross post on each platform
– Twitter/X
– Thre3ds
– Medium
With a link back to the original blog post.
Is anyone building this?
A few people replied that they’re building something similar.
Closest is Hero Altman’s Twitterthread, which was earning $2K/month with 70% profit in August – up from $0 MRR in May – and he sold it recently for around $70K 
But that app doesn’t seem to be online anymore, buyer might have rolled it into something bigger.
Regardless, as we’ve seen many times in this newsletter, there’s plenty of room for competition in niches like this 
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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 onlineThere 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
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Keyword Research Led Him To $3000 in 4 Months
Tony SyrupFounder of FindMicroSaaSIdeas.com $3000 revenueTony Syrup posts on Reddit…
How I went from $27 to $3K as a solopreneur still in a 9-5He did it by building FindMicroSaaSIdeas.com, a site that shows you SEO reports for different niches 
Freemium pricing model.
How he came up with the idea…
If I could find a keyword that people were searching for on Google hundreds/thousands of times every month and it was easy to rank high on search engines then I would go all in
(in SEO land this equates to a Keyword that has a Keyword Difficulty of <= 29 and an Average Search Volume of >= 500).
He found that the keyword “micro saas ideas” was getting ~600 searches each month with low keyword difficulty 
So…
I created a database of Micro Saas Ideas with SEO Potential and launched it in June 2024…
I made $700 in the first week of launching.
Solid way to come up with your own business idea: do keyword research until you find a low competition keyword that you can build a freemium product for 
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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 onlineThere 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
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