The road to a $1 million business

The very first product I ever sold was a $4.95 e-book. To view this email as a web page, [click here]() {NAME}, The very first product I ever sold was a $4.95 e-book. This one: [Ramit's 2007 Guide to Kicking Ass] I was so nervous when I first started selling it. What if they hate it? Or worse, what if no one even buys it? So imagine my immense relief when that first $4.95 sale came in. Oh my god, someone’s actually reading this! Yes, it was only $4.46 after processing fees, but who’s counting? That didn’t matter to me. What mattered was somebody pulled out their credit card and paid over the internet for something I had written. Side note: Seeing Earnable Live students make their first sale is one of my favorite things… [Earnable Live Student First Sales] [Earnable Live Student First Sales] [Earnable Live Student First Sales] I love it! Back to my story… A couple days after I launched my first product, I was out with friends and more sales were coming in. I got about three, if I recall correctly, over the course of dinner. Money just pouring in automatically while I was away from my computer. That’s when I started to understand just how big this could be. Fast-forward to my business now. For my 40th birthday, I organized a long vacation in Mexico with friends. When the trip came, I unplugged and had an amazing time. But my business kept running. [Automated sales] Even after 15+ years, it's still amazing to see that I can earn money when I'm away from my computer, with friends, having fun — even sleeping! My business kept running, and my income kept flowing, thanks to automatic systems. [Earnable Live shows you how to build these systems for yourself](). You don't even need a complicated business like IWT today to enjoy automated income. My site started off really simple, really small. Everyone starts small. And you can stay there, enjoying a steady second income stream, or you can scale up and become one of our Earnable students making multiple six-figures (or more). The road to a $1 million business One of the key lessons I've learned in starting and growing IWT is that business isn’t magic. It’s just math. Here's what it takes to generate a million dollars over five years. And I say five years because I’m being conservative. Say you have three products at three different price points: - One is $50 - One is $500 - And then you have a high-end product at $2,000. Forget about what the actual products are. It doesn’t matter for this thought experiment. Let’s just focus on the numbers. If you sell three units of the $50 product every day, or 90 per month, you make $270,000 over five years. Here's the math: $50 product x 90 sales/month x 12 months x 5 years = $270,000 That sounds pretty good to me! It’s a lower price point. So in general, you’re going to have more people buying it. Next, if you get one sale of the $500 product every other day, or 15 per month, that’s $450,000. $500 product x 15 sales/month x 12 months x 5 years = $450,000 Notice that with the higher price we sell fewer units, but we can see more revenue. Finally, if you sell just three units of the $2,000 product every month, you still make $360,000 over five years. Here's that math: $2,000 product x 3 sales/month x 12 months x 5 years = $360,000 Now imagine that you’re selling all three of these products. What does your total revenue come out to? $270,000 + $450,000 + $360,000 = $1,080,000 $1,080,000 over five years! This is how 6-figure and 7-figure businesses are built. You start with one product. You learn a lot and dial in on what the market likes and wants. Then you build another product. Maybe three, four, five, who knows how many products you want to build. But just imagine what that does for your income and your life. What would an extra $10,000 a month do for you? Even an extra $1,000 a month, on autopilot, can be life-changing. How would you spend an extra grand each month? - Use it for guilt-free fun money — a monthly shopping spree? - Take an extra 2-4 vacations with your family each year? - Pay off your student loans as fast as possible? - Give to charities that you care about? - Splurge on your family and friends, "just because"? Now I know, when you’re starting out these numbers might seem crazy, but every successful person started somewhere. And slowly, [with the right mindsets and systems](), they gradually grew. You can build a business that pays you, automatically, to live the life you want. The question isn't IF you can do it, too. You can. It's just math. There's a system. The question is WILL you do it? [Start your business today]() Don't forget, the doors to the 2023 Build Your Business Challenge close TOMORROW at midnight. Join Earnable Live to be a part of the action. [Here's the link](). [Signature] P.S. Want to see how adding multiple products and other levers makes your income start to scale rapidly? Use the calculator on the Earnable Live product page ([click here, then scroll halfway down the page]()). [Earnable Calculator]() All the details on Earnable Live and the 2023 Build Your Business Challenge are also on that page. Featured Products [Learn how to be your own boss, do what you love, and earn more.]() [What if you woke up EXCITED to go to work? I show you how to achieve it, step by step.]() [Ready-to-use mental frameworks for increased happiness, confidence, & success.]() [No guilt, no excuses, no BS. Just a 6-week program that works. Over 1,000,000 copies sold.]() The I Will Teach You To Be Rich Podcast Raw, unfiltered conversations with real couples: - One partner is $300,000 in debt, but shrugs it off. The other cries at night, anxious about the future. - A couple that’s so worried about money, they feel like they’ll never have enough. They go to a restaurant and order chicken instead of steak to save $10. Their household income: $600,000. - Two parents who feel overwhelmed by work, kids, and debt. When I ask them how they’d describe their lives, they instantly say the same word: “Stuck. ” Listen in to hear real money conversations from behind closed doors today. [Apple Podcasts] [Apple]() [Spotify]() [Google]() [IWT]() Follow Ramit: [insta]() [Twitter]() [twitter]() [youtube]() [Linkedin]() Was this forwarded to you? [Sign up here.]() This email was sent to {EMAIL}. If you no longer wish to receive these emails you may [unsubscribe]( at any time. 548 Market St #89946 San Francisco, CA 94104-5401