Niall Doherty's Blog, page 70
April 29, 2024
This AI Learning Community Earned $225K in 6 Months
David Szabo-StubanCo-founder of Promptmaster $225,000 revenue in 6 months Published April 29, 2024 by Fardeen KhanReviewed and edited by Niall Doherty Check out Promptmaster, a course and community that helps you get more out of ChatGPT 
In a recent post, co-founder David Szabo-Stuban writes…
We almost made a quarter million dollars which is really good for a first year for a bootstrapped business.
The origin story…
I had some background in [Machine Learning] prior to ChatGPT… Since Nov 2022 I was spending all my free time hacking stuff together using GPT either via ChatGPT or the API.
Quickly I found myself teaching colleagues, friends etc and my friend Dave (same name, yes) who had a background as a teacher suggested we should focus on teaching.
They hired an ML professor and built a “prompt engineering” course together, which made them a quick $30,000 
Then, in September 2023…
We were lucky because one of our IG reels was picked up by a ChatGPT plugin developer who had 250k users and we did a live webinar together. That’s when we actually launched our first offer.
We had over 2k people signing up for our webinar, 700 attended, we made $40k in the first month.
So they’ve done really well with strategic partnerships, teaming up with experts to supercharge their efforts.
Could you do something like this in your niche or industry? 
Another key to their success…
When I’m looking at the prompting market I see 90% snake oil salesmen 10% real competition. We figured we’d take the hard road: outteach EVERYONE…
Our focus is on service, every day provide better service to our clients than yesterday. The product doesn’t matter. The funnel doesn’t matter. When I have a client in front of me with a problem, I help them solve it, period. Rinse and repeat.
In other words, they focused on delivering a ton of value to their customers.
One way they did this was via customer interviews, which had them connecting with their audience and collecting useful feedback so they could improve 
Last words from David…
If you’re just starting out, be patient. It took me almost a decade to finally get lucky. You’ll get there.
Love that 
If you stick around long enough, luck is sure to come your way.
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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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SEO Advice From a $1 Million Business
Kelan KlineCo-founder of The Savvy Couple $1 Million annual revenue Published April 29, 2024 by Fardeen KhanReviewed and edited by Niall Doherty A recent Google Search update has hit a lot of businesses hard.
Some even say that Google “is killing independent sites” 
Nick Loper recently talked with Kelan Kline from The Savvy Couple…
Kelan built his online business up from making $50 in the first year to now seeing around 500k pageviews a month. That led to his online business making 7-figures last year.
Kelan’s business has continued to do well despite Google’s algorithm updates 
Some key tips he shares…
Build brand authority: have a presence everywhere on the internet, not just your site.Create genuinely helpful content.Content production engine: have a system to help you produce regular content.Content audit and republishing: refresh and optimize old posts.Diversify traffic sources: Kelan uses YouTube and Pinterest to get more traffic.Create your own products: Kelan offers a bundle of digital products with upsells to reduce dependence on affiliate/ads.Kelan and his partner also monetize with a membership program for their other site, The Savvy Mama.
Related: a recent episode of the Authority Hacker podcast showing how they’re using Facebook as an alternative traffic source, and making money from it 
…
First time seeing our Online Money Maker profiles? Click here for a quick intro.
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 22,609 legendary subscribers.
Sign up to get the next edition of eBiz Insider delivered to your inboxHPWe'll first send a confirmation email to make sure it’s you
Check out our privacy policy to see how we protect and manage your data.
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 Subscribe to eBiz Insider Every Tuesday and Friday we email 22,609 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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Failed Dropshipper Now Earning $100K/Month
Neil ShapCo-founder of Linx Digital $100,000 monthly revenue Published April 29, 2024 by Fardeen KhanContributor: Niall Doherty Neil Shap is the co-founder of an agency called Linx Digital…
We specialize in direct-response video ads on Youtube, TikTok, and Meta.
In a recent interview, he reveals…
We are currently doing around 6 figures a month, with about 40-50% profit margin.
Neil studied aerospace engineering in 2016 and learned digital marketing while in college…
When I finished school, the aerospace industry in Canada wasn’t doing too well, so jobs in that field were tough to come by, I decided to give this online world a fair shot.
I started off doing SEO for my own private affiliate sites. It made a little bit of money ($400/month) and I was hooked. Not to say that was a lot of money or anything, but that first success kind of taught me that making money online was possible and wasn’t just a thing that was something theoretical.
He also tried dropshipping and lost $2k doing that 
But…
what that process did teach me was how to run facebook ads.
Then…
I had a friend that was looking for someone to help run Facebook ads for one of his clients.
I took the project on and did a decent job… We slowly realized that the ads management service we were providing was valuable to businesses and decided to approach it as a team.
Great example of how just trying things and being willing to fail can lead to eventual success 
Neil struggled with affiliate marketing and dropshipping but learned valuable skills from those efforts.
To get traction and spread word for the ad agency…
We posted on all of the places that had what we thought had our ideal customers and tried to have genuine conversations with them. We posted in relevant Facebook groups, private Slack channels, conferences and events.
Then once we did a good job, a good portion of new business came from referrals. We also would bid for projects on platforms like Upwork.
Nowadays…
The main marketing channel for us is our organic Youtube channel [20K subscribers]
We use this channel to give tons of information out for completely free.
As a result we have now become the leading authority on Youtube ads and some of the other platforms.
Monetization…
If a brand wants to work with us, the cost is $5k/m + a percentage of ad spend.
We also have a stand-alone course ($1497) that teaches people how to run their own youtube ads. We recently also launched a tiktok masterclass that teaches people the basic of running tiktok ads.
He adds…
One of the reasons for our success is that we were providing a service that was very new and had very little competition in.
Back in 2018-2019, there were very few people doing Youtube ads and this helped us stand out and get those first few clients.
Hmm.
What’s the equivalent of that for 2024?
I hear about AI and automation non-stop nowadays but that’s all still very new, so likely lots of opportunities there.
Accordingly, here’s the top ten from Upwork’s most recent in-demand skills list
First time seeing our Online Money Maker profiles? Click here for a quick intro.
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 22,609 legendary subscribers.
Sign up to get the next edition of eBiz Insider delivered to your inboxHPWe'll first send a confirmation email to make sure it’s you
Check out our privacy policy to see how we protect and manage your data.
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 Subscribe to eBiz Insider Every Tuesday and Friday we email 22,609 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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Local Newsletter For a Small City: $200K Last Year
Ryan SneddonFounder of Naptown Scoop $200,000 annual revenue Published April 29, 2024 by Fardeen KhanReviewed and edited by Niall Doherty Ryan Sneddon writes Naptown Scoop, a local newsletter for Annapolis, Maryland…
The Scoop does soft news, meaning coverage is generally light and lifestyle-focused.
Per a recent profile, the newsletter earned about $200,000 in 2023
(Check out their homepage. Amazing that something so simple can be the front door to a $200k/year business.)
Ryan started his first newsletter just before the pandemic…
Ryan quit his job to start his own thing (he wasn’t sure what). He landed on The Daily Thread, which he now says was “a terrible newsletter. It was a terrible project, but it did teach me all the basics of how to start a newsletter.”
Over 10 months, Ryan spent “500 or 800 bucks” running The Daily Thread, which topped out around 800 subscribers, a 35% open rate, and $300 in revenue.
Even though it never took off, working on that newsletter for 10 months was a valuable learning experience 
Ryan then moved in with his parents to Annapolis and started Naptown Scoop in August, 2020.
(Naptown is a nickname for Annapolis.)
Naptown Scoop quickly…
overtook The Daily Thread in terms of subscribers within a month, and [Ryan] sold that “terrible newsletter” to one of its subscribers for $800, going all-in on the Scoop.
In the 3.5 years since, Ryan has grown it to 18,000 subscribers and has been able to quit his day job.
A recent edition of the newsletter 
Come for the fun, take the cannoli
As you can see there, Ryan monetises via multiple ad slots.
I love local newsletter businesses like this, and Ryan proves that it can work well even in a small city.
(Annapolis population = 40,000)
Could you do something similar for your city or region?
Other location-specific online businesses we’ve profiled
Ryan’s advice for starting a newsletter…
Mastering the basics is what makes you win. It’s just about not quitting. So many people say they’re going to do a newsletter, write three episodes, and then quit.
If you commit to writing a newsletter, and you say you’re going to send it at this time on these days, and you just do exactly that, and you don’t miss an edition for three-and-a-half years — I’m living proof it can change your life.
First time seeing our Online Money Maker profiles? Click here for a quick intro.
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 22,609 legendary subscribers.
Sign up to get the next edition of eBiz Insider delivered to your inboxHPWe'll first send a confirmation email to make sure it’s you
Check out our privacy policy to see how we protect and manage your data.
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 Subscribe to eBiz Insider Every Tuesday and Friday we email 22,609 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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April 24, 2024
Built a $2100/Month App With No Audience or Coding Skills
Hausia SialeCreator of InvestorPro $2100 monthly revenue Published April 24, 2024 by Fardeen KhanReviewed and edited by Niall Doherty Hausia Siale is the creator of InvestorPro, an app that “helps property investors manage their deals all from one place.”
There’s a free version, and a $19/month premium plan for unlimited deals
Hausia writes in a recent interview…
12 months [after launch] here we are with 1,200+ users, 105 premium users and $2100 MRR.
His background…
I’m a 26 y/o Kiwi based in Wellington NZ.
For the past 4 years I’ve worked in Sales & Marketing for a couple of Real Estate companies. I started to get frustrated with the tools we were using and decided to try and build my own using No-Code.
He noticed that…
There was no widely used app for doing calculations on a property investment. Most people used spreadsheets which didn’t store information well and is terrible on mobile.
Hausia isn’t a developer, but was able to build his app with Glide…
Glide is a phenomenal MVP builder… it’s simple no-code drag and drop builder makes shipping an idea lighting fast.
Then the first step was to show it to the first few users. Based on their feedback we improved it and started adding more features like helpful resources, an explore page and sharing deals.
We also added AI (with OpenAI) to analyse the expenses, cashflow & yield of a property flip.
So there are some bells and whistles, but ultimately InvestorPro stores all the data that was previously stored in spreadsheets, and displays it in a nicer, mobile-friendly interface 
But building an app is one thing. Marketing it is another.
Hausia was smart about this…
I reached out to a prominent influencer who coaches people on how to flip property and asked if he’d like to collaborate…
The reason I approached Tama (co-founder) was because he had a significant audience—over 18k followers on Instagram.
I knew distribution was as important as product so I wanted someone who would give us a negative CAC (customer acquisition cost).
Think about what Hausia has accomplished here
He’s built a $2100/month app within a year without knowing how to code and with no audience of his own (he literally has <100 followers on X).
And it sounds like that $2100/month is just scratching the surface.
Amazing what you can do nowadays with no-code tools and strategic partnerships.
Do you have an idea for an app?
Who could you partner with to market it?
First time seeing our Online Money Maker profiles? Click here for a quick intro.
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 22,344 legendary subscribers.
Sign up to get the next edition of eBiz Insider delivered to your inboxHPWe'll first send a confirmation email to make sure it’s you
Check out our privacy policy to see how we protect and manage your data.
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 Subscribe to eBiz Insider Every Tuesday and Friday we email 22,344 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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She Earns $100K+ Per Year From Only 3400 Subscribers
Ellen DonnellyFounder of The Ask $100,000+ annual revenue Published April 24, 2024 by Fardeen KhanReviewed and edited by Niall Doherty Ellen Donnelly runs a newsletter called The Ask 
Launched during the pandemic, she describes it as…
The Ask newsletter helps entrepreneurial professionals to build a profitable one person business around their unique gifts & talent.
Per a recent interview, she has built it into a six-figure ($100K+ per year) coaching and content business in just over 3 years with only 3,400 subscribers 
Why Ellen started The Ask…
After a decade as a startup talent expert, I wanted to provide a destination for entrepreneurial people to make better decisions about their future.
How she grew the newsletter…
0 – 100 subscribers
Friends and other coaches I knew.
100 – 500 subscribers
Organic growth and word of mouth – literally asking people to sign up!
500 – 1,000 subscribers
This is where I really made a concerted effort to hit the 1k milestone in a short space of time: creating lead magnets, doing cross-promotions, and just really focusing on high-quality, shareable content.
1,000 – 2,500 subscribers
I ran an online summit in 2022 called Talent To Money, where I paid for amazing speakers and ran the event for free, so I added loads more people to the list.
2,500 subscribers – present
The Substack referral network helped to grow my list to 3.5k ish.
I especially like the online summit strategy
More on that…
The best, most rewarding strategy had to be running the Talent to Money summit and adding 1k people in a couple of months.
Whilst it was a high-lift from an operational perspective, it also created a lot of ‘goodwill’ in the online space.
Might be worth trying if you can afford good speakers
How Ellen monetises her mailing list…
My newsletter has been the engine of my business growth: it has been how clients either first learn about me or deepen their understanding of what I offer and who I am, so that by the time we meet on a discovery call they are often fully bought into the idea of coaching with me.
I have also monetized the newsletter through the odd sponsor and affiliate.
She’s also creating a membership community called Authority Club.
So she’s figuring out lots of ways to monetize her expertise
However…
A lot of the hype around business models these days is to earn ‘passive income’ or create ‘time freedom’ and this can lead to chasing revenue models that aren’t the best fit, either for your skills/experience or what will work best in the long run.
So think deeply about your business path and align choices to what works for you – not your competitor!
I’ve heard said before that chasing “passive income” is a fool’s errand if you’ve yet to figure out “active income” (ie. trading time for money).
From what I’ve seen, it’s extremely rare for someone to put the cart before the horse and have it work out well 
First time seeing our Online Money Maker profiles? Click here for a quick intro.
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 22,344 legendary subscribers.
Sign up to get the next edition of eBiz Insider delivered to your inboxHPWe'll first send a confirmation email to make sure it’s you
Check out our privacy policy to see how we protect and manage your data.
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 Subscribe to eBiz Insider Every Tuesday and Friday we email 22,344 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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This Farming Side Hustle Can Earn $38,000 Per Field
A paywalled August 2021 article at thetimes.co.uk…
The side hustle that can earn farmers £30,000 per fieldThat side hustle is turning a field into a fenced-off area for dog walking 
An example of such a business in Ireland: Woofwalks Cobh
From the Times article…
There are an estimated 600 dog-walking fields in the UK… with ten being created every week, according to Hannah James, the founder of the listings website British Dog Fields. She says farmers can earn an extra £20,000 to £30,000 a year per field.
That’s about $25,000 to $38,000 USD.
And again, that’s per field
Another article from 2020 quotes a farmer in the UK…
We had 1ha of land near the town that was very poor and sat really wet, so we hardly made use of it…
After transforming it into a “secure dog exercise area”…
We couldn’t believe the response. It has transformed the least profitable field on our farm into the most profitable, by far.
Thinking about this from a digital marketing angle, there could be an opportunity to partner with farmers and handle the online side of things: website, booking system, managing listings, social media marketing, etc.
Listing sites for this industry are also interesting.
In the UK, there’s the aforementioned British Dog Fields and the competing Dog Walking Fields.
Best I can tell, neither of them charge a listing fee, but the former does offer a consultancy service and sells ads
Looks like the UK market is pretty mature already, but there might still be plenty of opportunities in this industry in other countries.
From Struggling Influencer to $8000/Month as a UGC Creator
Chad LubinskiUGC Creator $8000 average monthly revenue Published April 24, 2024 by Fardeen KhanReviewed and edited by Niall Doherty Chad Lubinski is a user-generated content (UGC) creator on Instagram with 52K followers 
He reveals in a recent interview that he earns $8,000 per month creating videos for brands on IG.
An example of such a video Chad posted recently 3 Reasons I Love Mountain House #10 Cans
Starting out, Chad wanted to be an influencer…
I figured the only way that you could make money on social media was to have a following big enough to get brand partnerships and affiliate deals, ad revenue from YouTube, etc…
The problem was… it can be tough to grow a following and I really struggled with that.
In 2021, I went on this Colorado trail trip…
I only had a few thousand followers at that time, and I thought, “I just spent 18 months trying to grow this following, and I don’t really have much to show for it.”
That’s when…
A brand reached out to me; it was called LMNT Electrolytes, and they sent me some free product. They wanted me to try it, so I did and I loved it.
I uploaded a quick story on my Instagram and I tagged them in it. And I did this a couple more times over a few weeks.
To my surprise, they came back to me and said, “hey, we love your videos. We want you to create eight more just like this every month for us for $1,500.”
It was the start of Chad’s UGC journey…
I didn’t have a huge following at that time, but they weren’t asking me to post on MY account, they wanted me to post on THEIR account. And that was what changed my trajectory.
He realized…
“oh, this is totally different than being an influencer.” You don’t need an audience. You make quick videos, and send them directly to the brand. Sometimes your face doesn’t even need to be in them.
Chad then started reaching out to brands in his niche (outdoors, travel, snowboarding, etc.)
And brands eventually started reaching out to him…
Once you start building up your portfolio… brands will see that.
They’ll see your content from other brands and they’ll reach out to you directly wanting you to promote their outdoor products.
He adds…
With UGC, I’ve been making anywhere from $6,000 to $10,000 per month. My best months are $10,000, and average right now is around $6,000 per month (seasonality)…
Anybody can do it. Zero followers required.
The only thing you need to be a good UGC creator is know how to make good videos. And then just developing a relationship with brands by over-delivering so you impress them to hopefully get on “retainer” with them.
His blueprint for aspiring UGC creators
Phase One: Building Your Portfolio
Go on Instagram and find brands that have less than 15,000 followers. Those brands are going to be a great starting point for your first pitches…
DM or email the brand. You are going to offer to make them a free UGC video.
Phase Two: Free To Paid Content
Phase two is when you start moving from free product into paid product…
Average price for UGC videos is $150 per video and can go up to about $350+ for someone that’s advanced.
Phase Three: Getting On Retainer With Brands…
Phase Four: Build Your Personal Brand (Optional)
This is where you build your personal brand on the backend if you want to be an influencer. This is great for income diversification.
He adds…
Once you get on a retainer deal with these brands… depending on your expenses, two to three retainer deals is all you need to quit your job.
Chad’s #1 tip for anyone who wants to try this…
You can’t just pitch to 3 brands and expect to seal a deal. That’s a no-brainer.
Keep the expectation that the more brands you pitch, the higher your chances of actually getting a partnership. Every no is closer to a yes.
Get as many eyeballs on you as you can, and make sure your expectations meet reality.
First time seeing our Online Money Maker profiles? Click here for a quick intro.
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.
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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.
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April 22, 2024
Boring Software in Competitive Niche: $500/Month After 2 Months
Vikash RatheeCreator of IDM URL Shortener $500 monthly recurring revenue Published April 22, 2024 by Fardeen KhanReviewed and edited by Niall Doherty Vikash Rathee recently posted on Reddit…
Apparently he built his shortener (IDM.in) mainly to test out some tech…
I keep testing new cloud infrastructures to see what’s new!
So the simplest I can think of is a URL shortener with analytics.
Just two months after launch…
it’s now making over $500 MRR via Stripe (subscription) + Google Ads.
That’s surprising, given that there are so many other URL shorteners out there, many of them well established and feature rich.
Vikash says…
Yes, there are 100s [of competitors]. But not very well maintained and run professionally with API, Team access, Reports and Analytics…
[My product has] Reports and API access in all plans. None of the other software provides plain click report access [IP address, device, location, etc.] for each click.
Three things he did to promote IDM
1. Running one Google Ads campaign for targeting keywords
2. Launched on Product hunt (1 customer, 680 clicks on Launch day),
3. Submitted as Show HN on YC
For #1 Vikash targets keywords like…
URL shortener, Link shortener etc. with exact match and campaign goal as Conversion… [with a budget of] $8 to $10 per day.
That’s about $300/month spent on ads, which obviously cuts into profit.
But Vikash notes that the $500/month is recurring revenue. So his ROI should increase over time, so long as he can keep customers happy and paying their monthly subscriptions 
His advice for others building products…
Just ship something and start talking about it (marketing), someone in need will buy for sure.
Once you find your 1st customer, keep improving.
Here is a quick example to inspire you – Someone just subscribed to $7/m plan from this Reddit AMA as well
Vikash’s success goes to show that you can do well in competitive markets
So don’t be discouraged if your business idea isn’t all that original.
There may still be plenty of opportunity there if your product or service does things just a little differently.
Another example of this is Tim Bennetto’s Pallyy…
From Locksmith to $74K/Month SaaS in 4 YearsPally is yet another social media post scheduler, but it stands out enough from competitors to provide Tim with a good income
First time seeing our Online Money Maker profiles? Click here for a quick intro.
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 22,344 legendary subscribers.
Sign up to get the next edition of eBiz Insider delivered to your inboxHPWe'll first send a confirmation email to make sure it’s you
Check out our privacy policy to see how we protect and manage your data.
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 Subscribe to eBiz Insider Every Tuesday and Friday we email 22,344 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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Built Her Talent Agency To $11M/Year in Only 3 Years
Adriane SchwagerCo-founder of GrowthAssistant $11 Million annual recurring revenue Published April 22, 2024 by Fardeen KhanReviewed and edited by Niall Doherty Adriane Schwager is the co-founder of GrowthAssistant, a talent vetting agency that “embeds the best offshore Growth Marketers into your company.”
They vet workers from the Philippines 
and started in 2021.
In a recent interview, Adriane reveals…
Revenue reached a run-rate of $11M [annual recurring revenue]. We plan to grow to over $20M by the end of 2024.
What they do
We go through over 50,000 applications per year to find the top 0.5% offshore talent for our clients.
They don’t just match talent, they also manage them and charge clients starting at $3000/mo.
GrowthAssistant has positive online reviews from workers. Apparently they provide paid leave, health care and other benefits. That’s atypical, and surely helps them hire the best talent
As you might guess, Adriane has a background in HR…
I must have done 10,000+ interviews before I left [my corporate job] after 14 years.
How she got the idea for GrowthAssistant…
My childhood friend, Jesse Pujji, who had been doing very well with his digital marketing agency, Ampush…
We started a two-hour phone call by sharing business ideas from our lists.
Jesse outlined the vision for what would become GrowthAssistant. That call ended with me committing to building the offshore talent acquisition partner that had been on his list.
Jesse had a pretty big network and about 8k followers on X.
Along with Adriane’s HR skills, that was key to a successful launch…
$50k [monthly recurring revenue] in under 100 days.
Jesse’s network helped us A LOT initially. He knows so many people and opened so many doors. Most of our first customers came through it.
But hey, that was one of “unfair advantages” and I think we used (and still use) it quite well.
What unfair advantages do you have?
Could be someone you know, a community you’re connected to, skills or experience you bring to the table, etc.
How can you leverage something like that to build your business?
First time seeing our Online Money Maker profiles? Click here for a quick intro.
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 22,344 legendary subscribers.
Sign up to get the next edition of eBiz Insider delivered to your inboxHPWe'll first send a confirmation email to make sure it’s you
Check out our privacy policy to see how we protect and manage your data.
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 Subscribe to eBiz Insider Every Tuesday and Friday we email 22,344 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.
HPWe'll first send a confirmation email to make sure it’s you
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