How to go From $0 to $100,000 in 2020 - FASTEST Way #Best Education Page #Online Earning

 All right, so what is the fastest possible way out there

to go from zero dollars to $100,000?

That is what I'm going to be showing you guys

in this video today.

And I can almost guarantee you guys it's a business model

that you've seen before, but you've probably never really

thought about it in this way that I'm gonna

show you guys today.

And I know what you guys are probably thinking;

you're guessing that what I'm gonna talk to you guys

about is affiliate marketing, or blogging,

or one of my businesses, and while I am making

multiple six figures per year with these businesses,

that's not the fastest way to start making $100,000

or get to that six figure level.

So, affiliate marketing for example, I make well over

six figures per year with affiliate marketing alone,

but this is my third year of running my YouTube channel

and leveraging affiliate marketing for the last

two years or so, maybe year and a half.

So that's definitely not the fastest way to do it,

while it's possible it's not the fastest.

Blogging, definitely not the fastest.

I'll tell you right now my blog that I'm working on,

Investing Simple, while we are scaling that up

it's nowhere near the six figure level just yet.

Is it social media marketing?

That's actually probably a pretty decent way to get

to six figures, but that's not the one we're gonna talk

about in this video, it's not dropshipping,

it's not Amazon FBA, it is a totally different business

that you've probably seen before, but you've just never,

again, thought about it in this particular way.

So first of al
l, what I wanna talk about is what

society tells you about how to make $100,000 per year,

or how to get to that six figure level.

And I'm sure a lot of you guys know the answer

to this question, if I were to say to you,

how do you become a six figure earner?

Well, what most people are going to say is to become

a doctor or to become a lawyer.

So basically if you go ask somebody in a traditional

environment, hey, how do I get to that $100,000 level?

They're gonna tell you to go to school to become

a doctor or a lawyer, or maybe an engineer,

or something like that.

But there's a number of problems with that strategy

of going to school, getting this formal education,

to then make a six figure income.

And I wanna point you guys towards this number right here,

170,000, and then I have a second number here for you guys,

122,000, and as much as I would like to say that these

are the average starting salaries for lawyers and doctors,

that's not what these numbers indicate right here at all.

$170,000 is the average cost of medical school

if you wanna come out and be a doctor and then be

a six figure earner.

$170,000 in debt when you walk out of the door

of medical school in most cases.

Not including interest payments, that is literally

just how much you owe walking out of the door.

So when you calculate the interest on top of that

as well, and this is after accounting for

any kinds of scholarships and grants.

The actual true cost is a lot higher,

I'm using the most generous number here possible.

And the second number, 122,000, again, we would hope

that the average salary of a lawyer, it's not.

That is the average cost of law school, $122,000

in debt, not to mention, if you're talking a doctor,

you're talking six to eight years in order

to get to that level, and if you're talking a lawyer

we're talking probably four to six years of time.

So, that is what society tells you, if you're trying

to make $100,000, they say, go $170,000 into debt,

and spend six to eight years accruing

this college education.

Meanwhile, you're not working, you're not making any money,

how are you supporting yourself while you're in school

for six to eight years?

Well, you're supporting yourself probably with debt.

So, factoring in housing costs and all that,

this number could be easily a quarter of a million

to half a million dollars, or they say go to law school

for four to six years, go 122,000 into debt on average,

and then come out and then get a job,

and then work in this super high stress environment.

I mean, let's be honest, who wants to be a lawyer

and a doctor at the end of the day?

Some people do.

Some people are very passionate about that,

and no offense to them at all, but I know in terms of me,

I wouldn't want a job that is that stressful.

So basically what society tells you here about making

six figures, well we're just gonna cross this out

because that's not the way that I'm gonna show you guys

how to get to a six figure earnings level.

This, it would take you six to, well, four to eight years,

what I'm gonna show you guys in this video

you could pretty much get this done in six months

if you really buckle down.

So let me get into what that is right now.

And so what this business is that I'm going to be showing

you guys is the business of selling a digital product.

Now, some of you guys have seen digital products

being sold out there, some people have never heard

of a digital product and they're saying, how can you

have a digital product if it's not a physical product?

But it is this realm of business that is insanely

profitable, and there's also a number of perks

to this type of business as opposed to other

opportunities out there.

So essentially when you look at the business model

of selling digital products, which I'm gonna show you guys

the whole business model here in this video,

it basically takes all the things that you don't like

about other businesses out there, like,

maybe Amazon FBA sounds like a great business,

but you gotta deal with inventory and returns,

and all of this other stuff, and customer service.

And sure, dropshipping sounds cool, but again

you have inventory, and you have to actually have

physical products being shipped out to people.

And maybe you like the idea of social media marketing,

but then there's the customer service aspect of it

where you're dealing with clients calling

your phone all the time.

Well, this is a business model where essentially

all those crappy things about these other businesses

they don't exist in this business model.

And I know you may be saying, oh, that sounds

like a scam, but just hear me out and I'll walk

you guys through exactly why this is.

So the first biggest pain in the butt with starting

any kind of business are your overhead costs.

If you start a physical business, for example,

you're gonna be paying for a retail space,

you're gonna be paying for products,

if you open up a coffee shop you gotta buy equipment,

you gotta pay for coffee beans, all kinds of stuff

like that, that's all considered to be your overhead.

Well, with a business of having a digital product,

there is no overhead, other than maybe some very nominal

subscriptions services like an email marketing service,

or for example, a web hosting service,

but it's nowhere near the types of expenses

that you pay with a traditional brick and mortar

business, or some of the other business

opportunities out there.

And even Amazon FBA for example, there are some

overhead costs there, and some initial startup costs

for product research, inventory, et cetera,

that you just don't have in the business model

here of selling a digital product online.

And in case you guys don't know what that means,

a digital product is exactly what it sounds like,

it's a product that lives on the internet.

It could be a membership site, it could be

a course, it could be a guide, anything digital

that's non tangible, information you can package

up online, in one form or another, and then sell

people to get access to that information.

And I know a lot of people are thinking,

who in their right mind would buy online courses?

But you guys would be surprised how many people

are out there, including myself, consistently buying

online courses for continuing education.

And you see it happen all the time now,

with universities, switching to more of an online

education, and that has, I think what paved the road

for this new type of online learning,

was the transition from the university

teaching people in classrooms at the schools

to actually teaching people online where you can learn

at your own pace, and in the comfort of your own home.

So the other big perk to this business is there's

no inventory, you don't have a warehouse full

of digital products and downloads sitting in

an Amazon warehouse, or sitting in your garage.

They're infinitely sellable because there's no inventory.

And as a result, it doesn't cost you any more

to sell 50 copies as it would to sell one copy.

So once you make it, there's no inventory,

you can perpetually sell that product over and over

without ever worrying about running out of that product

or stocking inventory, or paying for the overhead

for any kind of warehouse space.

Another huge piece here is that there's no real

returned products.

You will have refunds, you'll have unhappy customers

in any business, but there's no returned products.

Nobody's mailing back your digital product

and saying, I want a refund.

They may ask for a refund, and there are often

totally legitimate cases where people do want a refund,

but there's nobody mailing you back products

that you then have to open up and send return,

or send refunds to, and then re-warehouse those products,

none of that whatsoever in this business.

And again, since there's no product, there is no

shipping, there is really not much customer service,

and the customer service involved with this business

can be outsourced to virtual assistants.

If you don't wanna handle that day to day customer service

but essentially what you're doing with this business

is taking a, something that you are very skilled about

and then creating an online resource

that teaches people for you.

So if you were to go out there and start

a business where you were tutoring someone,

for example, that business doesn't have the same

scalability as selling a digital product,

because your time is actively involved with that.

And so let's say you're really good at calculous

for example, and you're a calculous tutor,

and you're charging $20 per hour,

well that's the only amount of money you're ever

gonna make per hour, unless you maybe increase

your price a little bit, but it won't be possible

to scale that beyond however many hours

you wanna work per day.

So the reason why this is such an appealing business

model, and the reason why it's infinitely scalable

is because rather than having you physically teaching

this student, you take your lessons, you put them online,

and then they're accessible 24/7, 365, to anybody

who decides to purchase your digital product,

and then enroll in your course, or your membership site,

or whatever it may be.

So that is the business, that is what is the fastest

way to go from zero dollars to $100,000.

I wanna literally now draw it out for you guys

and show you exactly how you can take action

from this video, and then begin making money

by selling digital products.

So what I wanna tell you guys right now is this;

myself personally, learning this funnel right here,

which is the simplest funnel out there,

and this type of sales funnel can obviously get a lot

more complicated, but this funnel alone,

understanding the concept of how this works,

I can't even put a number on how much money

this has made me.

If I had to, I would say this has made me

well over $250,000 since I've started my online business.

Understanding, I would even say even more,

probably more like half a million dollars.

Basically, this is my entire business model

in a nutshell, and if you look at basically any business

out there, especially in the online digital space,

this is the exact business model people are following.

There's a funnel, and if you guys aren't familiar

with a funnel, this is a means of directing traffic

towards one specific goal.

The outcome in this case is whatever your offer

is going to be, whether you're selling an online course,

selling a membership site, selling coaching.

Whatever it may be.

And so at the top of the funnel, this is where

you're gathering all of your traffic,

and the way that you gather traffic today

with the internet, is with something called content.

Now the best way to do this is with YouTube

because video is one of the best forms

of content to build rapport with people,

but it's still possible to do this with blogging

or podcasting, and other means like that.

But essentially this is what you're doing.

You are putting free content out there

on the internet, and in exchange you are funneling

traffic into your sales funnel here.

And the way that you're collecting leads

is through something called a lead magnet.

I guarantee you every single person watching this video,

unless you've been living under a rock,

you've seen a lead magnet.

This is when you click on someone's website,

and you go to scroll away, and you go to hit

the X in the corner, but just before that,

a pop up shows up, and they tell you, they're gonna give you

all of the secrets you've been looking for,

all you have to do is drop your name and email.

And I know many of us, if not all of us have put

our names and emails in before, gotten the free resource,

and then received marketing emails from

that particular blog or influencer, or whatever

it may be.

And that is how you funnel people into this sales funnel,

is by having free content out there

which adds value, builds rapport with the audience,

and then that lead magnet allows you to capture

that lead and gather that email.

And then if you wanna add some more complexities

into here, you could.

You could have an auto responder that follows up

with them after they join your list,

that's not a bad idea.

But if we're talking as simple as possible here,

literally all you have to do is have free content

out there, have a lead magnet, and then have an offer

at the end of your funnel.

And maybe you're not gonna launch your offer

until you've done this for about six months,

that's gonna be the golden rule here based

on my experience.

So I'm gonna get a little bit ahead of myself here, guys,

and show you the bigger picture of how this simple

funnel turns into $100,000, then I'm gonna circle

backwards and go into a little bit more detail

about each of these levels of the funnel.

But essentially what you're going to be doing

is creating free content, and if you do this

for a period of six months, and you really do it

in an effective and consistent manner,

it's entirely possible to have a six figure launch

when you do eventually launch some kind of digital product.

Particularly this works well with digital courses.

So your goal here in this is to, through your free content,

to gather 10,000 leads.

10,000 emails in this case.

And that may sound like a crazy high number

but it is totally doable in a six month span of time,

if you are very purposeful with the type of content

you're producing, and the type of content

you're putting out there.

And then what you wanna do is have your offer,

and you just want 1% of people to convert.

So if you had a room of 100 people, if you could get

one of those people to buy your course,

and you have 10,000 people that you're reaching

out to, well then you can have a six figure launch

with just 10,000 leads.

And again, for me, for example, when I first started

my YouTube channel, it really didn't take me that long

to get to that 10,000 subscriber level.

Now, I made a bunch of mistakes early on,

I didn't understand this sales funnel,

I wasn't even collecting emails until I had

like 150,000 subscribers, so the lost opportunity

there is something I don't even wanna think about,

because of how much money I left on the table.

But if you build that funnel the right way

from the beginning, and you have your lead magnet

in place, and everything like that,

that is how you wanna go about doing this.

But essentially that's what you wanna do,

create free content, add value and build rapport,

for a period of six months with people,

gather leads, gather 10,000 emails, or 10,000 subscribers.

Email I think is the best way to reach people

because you own that audience, but it works

with subscribers as well, or a blend of both of these,

and then you're going to launch your digital product.

And it's gonna be a formula on 10,000 leads

that looks something like this.

Well, as we said, if you have 10,000 leads here,

and you have 1% converting, which is a very crappy

conversion rate, that means you're gonna have 100 people

opt in to whatever that offer is right there.

So in terms of how much money you wanna make from this,

you just basically work backwards.

So you would set a goal for yourself in terms

of how much money do I want to make?

And that number is gonna go over here,

and then you just divide that number by 100,

which is, you're at 10,000 leads, at a, just a 1%

conversion rate, which is very conservative.

So if you did wanna have that six figure launch,

if you wanna have $100,000, you would simply take that

$100,000, divide it by 100, and you would just then

sell that product for, basically you would do 997,

that's a more appealing number, 997,

maybe 999, you know how that works,

the whole psychology behind numbers,

but you would then work backwards, put that number

in there, and say, okay, if I can sell 100 courses

at $999, well, there's my $100,000 launch.

Maybe you're more ambitious, and you wanna do

200,000, or $500,000, all you do is adjust this number

accordingly, and then of course you have to build

the actual digital product that backs that value.

And I know a lot of you guys are saying,

who's buying courses for $999?

But to be honest with you guys, I've been watching

the trend here with digital products,

and for a while the norm was like, 497 to buy a course,

$497, and then it went to 997,

and then it went to 2,497, and now I'm seeing

many influencers with courses in the five

to $10,000 range.

Now the one thing I do wanna say about this right now,

before we go any further, is that you need

to promise me, if you do decide to actually follow

this business model, you're using it for purposes

of good, and not purposes of evil.

Because the unfortunate thing is that basically anybody

could take this system here and then go out there

and foreseeably make $100,000 or even more

following this exact strategy of providing free content,

offering a lead magnet, selling to 1% of their audience,

and then basically having this digital product.

And while there's nothing wrong with

this business model, there is a problem when people don't

actually do what they're actually selling you on.

And so it's kind of like the analogy here of the gold rush.

So during the gold rush, who made the money?

Was it the people that were mining for gold?

They made some money, but the people who really

made money, for example, Levi, that is where

Levi jeans came from, was the jeans for the gold miners,

and you know who else made money?

Was the people out front selling the pickaxes.

They had this golden opportunity in front of them,

they said, oh, you can go dig for gold over there,

here's your kit, here's your pickax,

here's this, that, and the other,

they were the ones who made the most money

by selling the opportunity.

And so you do oftentimes come across a lot of people

in this digital learning space

that are simply selling shovels and selling

pickaxes for an opportunity that they've never

actually done themselves.

So, I hope nobody watching this video

has that type of intent in mind with this business model,

and it's very difficult to discern,

because you will oftentimes come across people

and you can't really tell if they're actually doing

the business themselves, or are they just

selling the opportunity to other people.

So if you do come across somebody selling a course

like that, do some due diligence on them.

So for me personally I have an affiliate marketing

course that I sell, it's actually closed right now

just because I'm working with my existing students

for a bit, I'm gonna show you guys the numbers

on that course in a little bit,

but that course for example, you guys can see

my affiliate earnings, I was doing monthly updates

for the first half of the year, literally showing

you guys screenshots of my Paypal, of all of my dashboard

showing my affiliate earnings.

So make sure if you do decide to take a course

from somebody that there's that level of transparency there

about their actual earnings, so you know

they're not just selling pickaxes for an opportunity

that they've never actually taken advantage of themselves.

But that being said, this is the model here,

that is how you go and you make $100,000 with this

very simple sales funnel, and now I wanna give you guys

a little bit more detail as to how

this actually works, and how these different components

work, and how you can literally start taking

action on this business model immediately

after this video.

But the one favor I wanna ask of you guys really quick

is if you've learned anything from this video so far,

if anything I've showed you so far

is new information, or something that peaked

your interest, all that I ask is that guys drop

a like on this video, it helps me out a lot

with the algorithm, and I would just certainly

appreciate that, and it also shows me whether or not

this video was immensely helpful to people

or if maybe it needs more work, it's just

great feedback for me.

So if you've learned anything so far, I would

certainly appreciate a like on this video.

Okay, so now what we're gonna do is take that

initial funnel that you guys saw there

from the previous section of the video, we're gonna

break it out into actually six separate sections

that are a little bit more explanatory in terms

of what you would actually need to do to literally take

this and start taking action towards having a six

figure launch with a digital product.

So the very first step, the number one thing

you have to look at is going to be

what is the niche that you're going to be serving?

And this is ultimately gonna come down

to whatever it is that you're good at,

whatever it is that you're passionate about,

because again, like we said, you're using this business

model for the purposes of good, not the purposes of evil,

so you're not gonna go out there and pick some

random money making niche, and say, oh,

I'm gonna teach people how to make money

by opening a franchise, if you don't know

anything about franchising.

So you're gonna take something you're already,

are knowledgeable of, and interested in,

and that is going to be your niche.

And I know a lot of people think, oh, I gotta be

showing people how to make money, or showing them

how to lose weight, or how to find

their ideal relationship, but there are so many people

out there looking for information that you already have,

that you're already an expert on, and you'd be

amazed how much people are willing to pay

for the information.

And essentially what they're paying for

is for you to solve a problem for them.

And let's say somebody is struggling with a certain

area of their life, it could be anything.

Let's say they're trying to increase their

speed for running track, or something like that.

Or they're trying to get better grades on tests,

or how to score higher on the SAT.

If you're able to solve that pain point for them,

it's gonna be extremely valuable to them,

and oftentimes it's gonna be significantly more

valuable than even the price you're paying for that course,

or they're paying for that course.

So that's the number one thing you gotta figure out.

Is what is the niche that you're going to be serving?

I can't help you with that part, but I can

certainly help you guys with the other steps involved here.

Number two, the second thing you're gonna do after that

is you're going to get your lead magnet in place.

And literally guys, all I do for this,

I write my lead magnets, 'cause I like the voice

to be consistent, I like it to be my content,

and I also like my lead magnets to be extremely valuable,

but then what I do, I go on Fiverr, I pay someone

to paginate my lead magnet and make it look pretty,

I pay for a cover on Fiverr, and so basically

for 100 bucks I've got a nice, clean looking lead magnet.

So those are your very first two steps.

Before you begin creating any content,

you put together your lead magnet.

'Cause again, that was one of the biggest mistakes I made,

was I didn't start collecting emails, like I said,

until I had over 100,000 subscribers.

So you wanna have all of this infrastructure in place

for your funnel before you begin working on the top

level of that funnel, which is your free content.

Getting eyeballs and collecting leads.

So that is basically what you do; you take whatever

niche you are in, and you identify a very common

pain point, so let's say for example your niche

was going to be, I'm just gonna pick something

at random, scuba diving.

And so, your lead magnet could be five things

every beginner scuba diver needs to know

before getting started.

And that could be a perfect lead magnet

if you're going after beginning scuba divers,

and maybe that's the niche you're going after,

and that's the course you're going to sell,

is the best scuba diving videos.

And I'm sure there's certification involved,

but maybe you're telling people the best places

to scuba dive, the best equipment, and everything else

involved with that.

How to get certified.

So let's say your lead magnet, like I said,

is that right there; five things that beginner

scuba divers really need to know.

So your niche is scuba diving, lead magnet, you spend

a Saturday afternoon writing out your list.

You put together a three or four page Word document,

you go on Fiverr, you pay someone to paginate that

and make it look pretty, and then you pay someone

50 bucks to make a cover, and so 100 bucks later,

and maybe six hours of your time at the most,

you have a nice, snazzy looking lead magnet

that's going to allow you to begin collecting leads.

So step number three is going to be the email list,

and that's going to tie in directly with your lead magnet.

And this is a very simple step, guys.

Essentially all you're doing is taking that lead magnet,

and you're either gonna host it on Dropbox,

or you're going to send it as an attachment,

and literally all you're going to do is the most

basic thing in the world, I'm not even

gonna cover it in this video, it is so simple,

you take your email marketing software

and you integrate it directly, so when somebody

subscribes to your list, the lead magnet is sent

to them, and their email is then added to your list.

That is all you're doing for now.

If you wanna go a step further, you could setup

an auto responder sequence, which is a series of emails

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