New Year, Same old stuff…
I found myself in a similar situation again a couple of days ago, maybe you can relate:
I had joined a group that was supposed to help me open and thrive in a credit repair business.
I joined a bunch of credit repair groups on Facebook and started posting about my credit repair business and nothing happened.
Then, I realized that all the people there were people doing the same as me…
What does that mean for me?
There’s a market without any customers who are actually a new set of customers.
I see another set of posts coming from a place claiming to have clients needing credit repair.
These are the smart guys.
But, do they really have the leads or not?
I don’t know and I don’t want to pay to find out.
My goal is to write a post on Facebook, a blog, or some other social media outlet and generate traffic to a squeeze page that collects emails.
I’ve thought about solo ads because they’ve worked in the past to get people on my list but I didn’t and don’t know how to monetize this traffic.
The way I was taught and thought would work didn’t work for me.
Now, I am working a different angle.
I don’t know if I need to have websites or not but, maybe it can be part of my business model.
If I can start generating lists of paying customers who make me money or make money for someone else, that’s valuable.
I may start pages and the ones that start generating money I will expand into a website and either continue to grow it or sell it and start something new.
I can also systematize a type of business, like a nursery that also sells compost and compost worms.
I can sell off the business that I start and it can move and I can start a new one to do the same thing.
As far as creating an audience and selling products to them, or at least promoting offers to them can be a lucrative business.
Now, I need to create a landing page and then send traffic to it, but, before that I need to have a plan for those who come to my site.
That’s where Facebook groups and other social media sites that have specialized groups are where I will have an audience that I can start building lists and where I can also sell these lists!
There are also places where I can buy ads in larger publications, like solo ads and other online type of ads, to build a list quickly.
If what they say is true, a list of 1,000 people should be worth at least $1,000/month.
That’s $12k per year and that’s just one list.
You’d need to prove your concept first, I’d suppose, or help someone do it for a piece of the business or for a fee.
But, a $12k/yr. business could put a large chunk of cash in your pocket right now if you were to sell it.
There are so many paths and I think that a list of subscribers that actively read and interact with your content are worth lots of money now and can be huge streams of income in the future.
My first lists are affiliate marketing and credit repair.
I am getting much more activity in credit repair and now I have to put my marketing skills to work to make me some money…
I think that a few prompts for AI in a pdf to help people write their own dispute letters might be a good download and a good place to start building a list of subscribers.
I run a lot of ideas through AI and I don’t implement enough of them.
Putting together a plan to post is nice but with AI I could have almost unlimited automated posting available to me for practically free or maybe even free if you DIY!
So, implementing more automation, in a helpful and meaningful way, could help service a market, automatically for you!
I like the idea of using polls to generate traffic, it is logical and easy.
Now, I need a way to service the markets I find in need. That’s what I will use AI and free keyword research tools for.
That can be a good way to disseminate my message for free and place ads to generate some revenue for me.
There are some issues with this but if it is to sell my own products or ones that I use, I don’t have an issue with it.
I use AWeber for my email automation.
They are free to start and pay me a commission if I refer you to them and you become a paying member.
I know there are other similar services but I use AWeber and recommend others use it so I can show you how and we are using the same tools or systems…
That’s another day of lot’s of rambling and wandering and still no definite agenda or direction.
The credit repair angle seems to be getting the most traffic but I have other options and AWeber can help me create an email list in all of them and more, that I can grow and monetize myself, with a team, or sell for quick money right now.
The idea of owning part of a portfolio of mortgage notes that pays dividends is a nice idea.
Putting a group of people who’d also like to get into it and having them pay for it while I get paid for participating in and setting up the group.
If I were to bring together a group of 10 people with $10k each and they bought a note with that money, together, and it was paying out $1,000/month I would take $20/month or 2% and they’d share the other $980, which is a no interest situation or no profit and bad for business but in a profitable loan I’d get a share of the profits for putting together the deal and the group would earn based on the loan.
I could petition a group leader or member of a loan broker and find notes for the group to buy, and do this lots of times to build up my cash flow and eventually just be on the investor list and grow faster!
For now, I need to put together the investors and the deals and I can sell that to folks all day long, especially if it makes sense to me.
I can create newsletters with deals for each of these markets.
For investors, getting 10%+ return per year is not too shabby. That would be a minimum and a good place to start.
I will need buyers, someone who wants to buy a home, and someone who has the money to invest in the note, the group or an individual, professionals all around would be nice but how do I put myself in these deals?
How do I get a cut or a payout from these deals?
I could charge to advertise them, get in on finding them and get a commission from the buyer or the seller, or I could help a group get good credit and qualify for loans.