Newsletter Subject

How much can you earn?

From

iwillteachyoutoberich.com

Email Address

ramit.sethi@iwillteachyoutoberich.com

Sent On

Thu, Mar 23, 2023 05:17 PM

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When I started selling products, you know what my goal was? To view this email as a web page, {NAME}

When I started selling products, you know what my goal was? To view this email as a web page, [click here]() {NAME}, When I started selling products, you know what my goal was? "Let’s sell two per day." And that was a stretch goal! I'd have been thrilled if I sold two per day. Today, my goals are obviously much larger, but all businesses start at the beginning… - Make your first sale - Make another one - Make another one - Make another one Every marathon is run one step at a time. Likewise, every business is built one sale at a time. And you get to decide how far you want to go. [gif] Today, I want to give you a roadmap of what's possible. Let's quickly break down how you can make $1,000…$5,000 a month…even $50,000 a month or more from your business. What does it take? How to make $1,000 At a basic level, everyone can create a small, $50 product. It could be an ebook, video, or audio program that teaches something simple. Then sell two per month. That's it! And once it's set up, it doesn't take much effort to sustain this once you get going. That's $100 a month, which is a little over $1,000 a year. Not a lot, but enough to prove that "Hey, I can do this!" How to make $10,000 Most of us can do much better than $1,000. That's just a starting point. With the same simple $50 product, if you get a little bit more traffic, you should be able to get 20 sales per month. Think of it this way: - 20 sales per month is less than one sale a day. - Or, if you can get 100 people to look at your product, can you get just one of them to buy it on most days? I bet you can. [Especially with a step-by-step system for how to find your audience and make an irresistible offer](). 20 sales of a $50 product is $1,000. Do that every month and you'll hit $10,000 a year. What would you do with an extra $1,000 a month on the side? How to make $30,000 This is where things get really interesting… Let's say you put out a second product that’s about $200. How many of those could you sell per month? I bet you could do around ten to start. Think about it. You’re already doing pretty well with one product. Now, you have a second product to sell, and you already have customers who are happy with what they’ve bought from you. Just ten sales of a $200 product gives you an extra $20,000 per year. That’s a total of $30,000 — higher than a year's worth of median mortgage payments in the US. What would you do if you no longer had to worry about rent or mortgage payments? If these numbers seem out of reach, consider that you're not running the same business at $30,000/year that you are at $1,000/year. To achieve this level, you've started an email list. You're probably active on social media. You're learning how to reach a bigger audience. [All things that are taught in Earnable](). [How To Find Your Best Customers]() How to make $60,000 What happens if you release a $500 premium product? If you sell just five copies a month, that brings in another $30,000 a year — doubling your revenue. Best of all, doubling your revenue doesn't mean doubling your work. You can make an extra $30,000 per year just by adding a single product to your existing system. The more successful you get, the faster you can make this flywheel spin! How to make $100,000 At this point, business is booming! - Maybe you’re getting a little media coverage. - Maybe you’re hanging out with other entrepreneurs who are referring you some traffic. - People are loving and sharing your material. Your business flywheel is spinning full force. What do you want to do next? Let's say you put out a subscription program. For example, people might pay you $35 a month for a series of videos and access to an online community each month. If you get 100 people to join — most of whom will be your existing customers eager for more — that's over $40,000 a year. Combine this $40,000 with your existing $60,000 a year and you're past the $100,000 mark! Note that I'm not saying this is easy or can be done overnight. It is hard work. But you can front-load the work. You do the work up front building your business, then you can benefit from it for years and years to come. Also note that these are just examples. You can substitute different products at different price points. Do you want to focus on higher-dollar products for advanced audiences? Or do you want to include freelance work? What about coaching or consulting? It's up to you! The hardest part The hardest part of building a business is getting started: - Do you know how to find a profitable business idea? - Have you tested it with real, potential customers? - Have you made your first sale? - Do you know how to find more customers? - Can you get out of your own way and just take action? There's a reason my [Earnable]() program goes into such depth on these initial milestones. If you get these fundamentals right, then everything afterwards is much, much easier. And as your business grows, you too can enjoy the power of increasing your income without working harder. [Signature] P.S. How to get my personal help starting your business… The doors to join my Earnable program are open for this week only. One of the available tiers, Earnable Live, includes a 5-week live online workshop — hosted by me. In this tactical sprint, you'll make more progress on your new business than most people make in years of struggling on their own. Here are the goals for each week of the sprint: - Week 1: Find your business idea - Week 2: Create your offer - Week 3: Get to know your customers - Week 4: Make your first sale - Week 5: Build your Profit Playbook In these live workshops, I'll personally walk you through the first steps in Earnable — from "no idea" to your first paying customer. (Need to miss a workshop? No problem. Everything will be recorded and shared.) Don't worry about getting stuck. With Earnable Live, you can share your work and get helpful feedback — right when you need it. [Let's build your business together]()! 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

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