Oh, the things we’d do for $10,000 a month. It’s possible to make that much from home with the knowledge you already have, and we’ll share 4 simple ideas to help you make just that. But first, what would making $10K a month consistently do for you and your family? How would your life change? Considering the possibilities will help you get the right perspective before we jump in.
Now more than ever, we have the ability to utilize the skills we already have to make a six-figure income during these trying times. The spread of COVID-19 may have halted routines in the past year but what if we told you there are ways to maximize your skills from home and make a profitable business from the knowledge you already have?
What’s the catch? There is none! We’re here to tell you it’s absolutely possible!
The fact is, many people have found ways to utilize what they already know and make $10,000 or more a month with these simple steps. You don’t have to search for jobs that will pay you $10K a month. Instead, you can make that money on your own. You don’t need to be an expert; you just need a skillset, ambition, a bit of dedication and you’re all set to make money online as a beginner.
Turn Your Knowledge into an Online Course
An online course is a combination of virtual classes, videos, audio recordings, and digital downloads made available over the internet to anyone who’s ready to learn. Online courses are based on the knowledge you have and focuses on helping your students achieve a goal.
It typically comes with a set of instructional experiences and digital interactions to teach your audience a skill that can be helpful for them. You may have noticed these types of courses on social media. For example, “How to run and manage Facebook ads to grow your social media audience” or “How to do yoga from the comfort of your own home.”
Anyone can create an online course as long as they have mastered the art of what they are teaching. You do not have to be an expert to have a course! Do you have a level five skillset? Perfect. Target an audience with the skills at levels one through four.
The great thing about online courses is that you can name your own price. If you have an online course that is $1,000, all you need is 10 people to sign up, and you’ve reached $10,000 a month goal. You could even launch a $500 course to 20 people and reach that same goal. A successful course leaves your audience feeling invested in and more knowledgeable than they did before.
Create a Knowledge-Based Membership Platform
Similar to online courses, a membership platform allows you to teach and display all of the perks of an online course, but more. In addition to courses, PDF downloads, and educational forums, membership sites often include a live component like webinars, group chat, and Q&A sessions. Membership sites often have a subscription-based model and serve as an “all-in-one” service for tools and resources.
Even more, membership sites are a great way to establish reoccurring income for your online businesses. New information can be added to your membership site on a monthly basis. You can have lower costs to make this information more accessible while focusing on a larger volume of students. The goal still remains the same: to help your students achieve a goal. There are many different platforms to choose from and the likelihood of members returning to your site is high due to a sense of community.
So how can you make $10,000 a month from a membership site? Create a site subscription for $100/month with 100 students enrolled, and you’ve got your income.
Offer a Done-For-You Service
A “done-for-you service” is exactly that: a premium service that is done for someone who does not want to perform the task themselves, in exchange for income. Have you ever hired an accountant for your taxes? What about a babysitter to watch your children from time to time? Those are all “done-for-you” services.
Done-for-you services allow individuals or companies to outsource help and essentially focus on other aspects of their business, leaving the results to you. The best thing about these types of services is that you can typically charge a bit more for them. For example, a graphic designer can charge $2,500 for their services. At that point, all they’d need is four clients a month and, voila, they’ve reached their $10,000 goal for the month.
Examples of done-for your services are endless:
Marketing & Social Media Manager
Meal Prep services
Email Marketing Manager
The best part: busy people are always willing to outsource skills and services, so there is never a shortage of work.
Package Your Expertise into a Coaching or Consulting Program
A coaching or consulting program is created when you take what you already know and teach and guide others how to achieve a specific goal. These programs can be done one-on-one or in a group setting. The purpose of these programs is not only to help someone achieve an objective, but to create something of value that you know people want or need.
This option is great for beginners! For example, a busy mom who has learned the art of time management could assist other moms in practical, realistic ways to raise a child while working from home, caring for children in quarantine, or homeschooling. With social distancing, online platforms like Zoom have made it easier to communicate with clients, while maintaining a safe and attainable distance to take the client through the process of achieving the goal they’re looking for. A payment plan of $1,000 with 10 people involved and you’ve got yourself $10,000 a month.
Don’t Count Yourself Out! You can make $10,000 a month from home as a beginner with your expertise.
What we’ve shared are simple steps that can be achieved by anyone. It all starts with one thing: take a pen and a piece of paper and brainstorm what you’re good at! Everyone has a gift and utilizing that gift to the best of your abilities can get you $10,000 a month and a six-figure income.
To learn more about how to turn your ideas into a six-figure income, grab a copy of my free checklist.
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