How To Generate A 5 Figure Income As A Beginner

This is a 3 part tutorial series, and this one right here happens to be the second part of the tutorial. If you missed out on the first part, then I'll advise you to check it out before reading through this for better understanding. "The blueprint to achieving a $10,000 monthly income" has been linked in this article below.

Throughout the first part, we looked at some business models that are common but are not beginner-friendly, and that's exactly where we will take things off. This is why I will encourage you to go read the first part of this tutorial series.

Now the next online opportunity is info products. Info products are ebooks, audiobooks, and online courses. With info products, the scenario is very similar to affiliate marketing, but you have control over the price of the product so you can have higher ticket items if you want.

However, with control over the product also comes the responsibility of delivering the product itself, which is the most difficult and time-consuming task of the whole business model. In the past, I myself have spent six entire months of my life, day in and day out, preparing and recording classes for one of my info products.

That is a lot of time to invest in something if you don't have any certainty that such a product would sell. As a beginner, you should be investing the majority of your time in selling, not fulfilling the sale. Finally, you have to have money to invest in ads, a lot of money on ads testing software, and a lot more, which is going to have a very similar effect on your margins as some of the examples above.

Then for deal type, you can choose to have your product as a one-off or as a subscription. So once again, info products are great. All of these business models work if you have money, if you have a lot of experience in business, or you have a massive audience. These things can work, but if you're a beginner and you want the fastest path to making $110,000 a month in 2024, do not pick those business models.

Do you see why it's so hard to succeed as a beginner if you don't pick the right opportunity? It is literally the difference between success and failure. So after going through all of them, the question becomes "what would be the ideal beginner-friendly opportunity then?"

Does it even exist? Well, let's take a look again at our first part of this tutorial in the first article and together draw the ideal scenario. When it comes to transaction value, ideally it should require just a few sales to get you to $110,000 a month.

That it becomes a realistic and achievable goal, this means that it needs to be something that sells for at least $1,500. Now when it comes to upfront investment, ideally it should be as close as possible to $0 because as a beginner you want to risk as little cash as possible to get started and then for upfront work, we want something that ideally requires as little upfront work as possible to start making money

For profit margins, we want something with very little cost so that you keep pretty much everything that you make. For fulfillment, we want something that is easy to fulfill and that doesn't take the majority of our time, finally when it comes to recurrence, we want something that ideally is sold once and then pays us recurring every single month

That will mean each sale stacks on top of each other and each month we have a higher payout than the month before and so that we never have to start back from zero when the next month comes around. I have discovered an online opportunity that takes advantage of a legal loophole that checks all of the boxes for every single one of the ideal parameters that I just mentioned.

This is the only solution I know that allows you to have the best of each parameter The Upfront investment for it is virtually non-existent, all you need is a business email and then you're good to go. The margins are very high usually in the 70 to 80% profit range and clients are willing to pay anywhere from $1,500 to $10,000 but not a one-time payment a recurring monthly payment of $1,500 to $10,000 a month

Before I talk to you about how 20-year-olds are taking advantage of this little-known legal loophole to get paid $10,000 a month online with no previous experience and while having all the service fulfillment taken care of for them, I want you to think about the biggest economy shift humanity has experienced in the last 200 years

What happened between 2020 to 2022 really accelerated the digitalization process of businesses by 10 to 20 years. You know, even when I started my first online business not that long ago, there was no TikTok, no one knew what Facebook ads were.

If I wanted to sell, not only did I have to convince people to work with me personally but I also had to convince them that they needed this thing that they'd never even heard about. Now during the lockdowns a lot of companies went out of business and the ones that managed to survive were forced to adopt to do one thing and that is sell online.

They understood that if they wanted to stay in business moving online was not an option it was a requirement and as a result, now every single business out there knows what Facebook ads are and they know what TikTok is and they not only know what it is but they also understand how vital all of those mediums are to their business.

A lot of them are willing to pay top dollar for the people who provide it. Imagine those big physical stores with hundreds of thousands if not even millions in stock that needs to be sold paying $10,000 a month for someone who can help them sell online? well that's pocket change to them, it's nothing and it's not only the big physical stores who need this literally every business out there that doesn't sell online yet knows they need to move online urgently

Otherwise they know that they're going to be out of business in the next 24 to 36 months. Sufiana is living proof of that, he managed to sign a local business from his hometown in Germany for a one-time €155,000 fee as well as €2,500 a month retainer in just one month of using this business model

The best part is the demand for such services is way higher than the number of people who can can deliver them, meaning there is a gigantic gap in the market and the people who take advantage of this opportunity are inevitably going to do well so the business model is something I've called "drop servicing" this is the exact online opportunity Earnest used to make in one day would used to take him an entire year to make as a waiter he made 9,248 lbs in a day

Michael also used this business model to make six figures in 5 months drop servicing work for local businesses after spending six entire years failing at other online ventures such as affiliate marketing, Shopify, eBay, and more. Now I'll explain in detail what drop servicing is in just a minute, but just know that this might be one of the best opportunities of the decade right in front of your eyes.

Now let's take a step back here. You're probably asking yourself, "Okay, but I don't know how to help these businesses sell online," and that leads us directly to this little known legal loophole that I mentioned.

Who do you think gets paid the most in the football industry or soccer for Americans? Now, most people would say Messi or Ronaldo or Neymar. Little do they know that none of those answers are right. You see, behind every single successful player, there's someone who gets paid more than them: their agent.

Now, you probably don't even know who the agent is behind Messi or Ronaldo or Neymar, and to be honest, I don't know either. And that's the crazy thing about it. These agents get to make so much money because they get paid a small percentage of everything that their player makes.

Now, the thing is, they don't only manage one player. Most of the big agents manage 5, 10, 20 players. And because they have so many players under their wing, they end up getting paid more than all of them without having to be the one that actually does the work.

And the thing you need to understand is this: they don't know how to play football. They didn't need to spend decades of their life perfecting their technique to become a top 1% athlete. All they do is find people that have this skill, and then they connect these people with teams that want to sign them, and they get paid a hefty fee to do so. And this doesn't only happen in football, by the way, it happens everywhere.

Listen, the most wealthy individuals in most industries are the ones who connect the party that has the problem to the party that has the solution. I mean, just look at music. Take Justin Bieber, for example. He's one of the most well-known celebrities in the world today, and his net worth is around $300 million.

His agent, Scooter Braun, who's also the agent for Kanye West, Ariana Grande, Demi Lovato, and others, his net worth over a billion. And that is exactly what you do with drop servicing. You connect businesses that have a problem with the people who have the solution, and you get paid four and five-figure commissions to do so.

It's really simple. The individuals who are succeeding in the new economy are not the ones that own the final solution but rather the ones that connect the end consumer to the final product and set their own prices for doing so.

Listen, the same is happening with businesses. Uber doesn't own any cars. All they do is connect drivers to people who need a way of transport, and, by the way, their drivers are not employees legally; they're just contractors. So they don't even need to worry about the headache of like employment contracts and having full-time employees and pensions and all this stuff.

And let's look at Airbnb. They don't own any houses or apartments. Alibaba doesn't have any stock. Even TikTok, one of the biggest content production apps, doesn't produce any content; content creators do that for them. All of these businesses are simply arbitraging supply and demand. They find customers with a problem and connect them to a solution.

It's that simple. And we do the exact same thing with drop servicing. We simply find businesses who are looking to pay four to five figures a month to get a problem solved, and then we find someone to do the work for us for very inexpensive prices. How? Well, I'll break down exactly how we take advantage of this little known legal loophole to do that in just a second, but what you need to understand is that this is the hottest opportunity online today.

This is what's working right now. This is exactly how Ed signed a $11,400 a month deal as a 15-year-old just 6 days into his new drop servicing agency.

So what we do is we sell online services to all types of businesses. We get someone else to fulfill it for us, and we make from $1,500 to $10,000 a month per client for it. And that is why this opportunity is for anyone with no prior experience or skills, and Nicholas is the perfect example making more money in 48 hours than he did working two months at his day job.

And that is also why this is the perfect beginner-friendly business. You don't have to make hundreds of sales to make a decent income. You don't have to invest thousands to get the business running. And you don't even need to fulfill the services yourself since someone takes care of the fulfillment for you.

So now let me finally show you how to make money with this in step five. Now, there's a three-step plug-and-play system to make money with this legal loophole. I like to call it the three steps to 10K a month with drop servicing in the next 90 days. Now, this system that I'm about to deliver to you has generated the most success stories in the industry.

There is no system out there with more student results than this. It is proven to work. When you execute this process correctly, you should be able to get three to four new clients per month at $2,000 a month each. That's $6 to $8,000 in new monthly recurring revenue each month.

By the way, that's 72k a year on the low end all the way up to 96k a year on the higher end. And remember that with each new client, this result compounds to make this much in a regular job takes a lot of qualifications, decades of work experience, and slave-like hours. Now with drop servicing, $100,000 a year is the norm.

Now, the first step is to set up everything we need to get up and running, and we actually only need two things: a niche and a service. Now, this step is super important because when you get this right, you'll get clients 10 times as easy.

The first thing you need to pay attention to when picking a niche is pricing. Ask yourself, is your potential client making at least $10,000 a month? The reason that this is so important is if you try to work in a niche where businesses on average make less than $10,000 a month, realistically, they won't be able to pay for your fee.

For example, small restaurants, personal trainers, clothing stores; these are all bad niches to work with because they don't make much money, so the math never really works in their favor. As a rule of thumb, I recommend you stay away from any niche that has low ticket prices, that is, anything below $100.

In fact, when first starting out, I recommend you go for niches with products or services that sell for at least $1,000. Here's why: it is way easier to get five sales of a $5,000 product or service than 500 sales of a $50 product—way easier. And there are tens and hundreds of thousands of businesses that charge these prices for their services; they are not hard to find by any means.

I mean, just think: lawyers, pool installation companies, pest control, home renovation, custom furniture, enterprise software companies—these businesses sell $1,000, $5,000, $10,000 packages every single day, and these are just obvious examples.

And this is exactly where most people make their big mistake: they go for the obvious niches. Now, here's the thing: don't do what everyone else is trying to do. Everyone else goes for e-commerce, real estate, clothing brands, chiropractors, dentists, then their competition is enormous, and they fail to succeed.

It is a recipe for disaster. Instead, go for weird niches. Some of my most successful drop servicing clients that paid me the biggest commissions were in niches like amateur radios for Preppers, power washers, software to host medical and scientific conferences, Montessori education programs for children. So, try to be creative with this; think outside of the box.

And here's how to do that in practice: take the usual niches and think, who sells to these people? Take dentists, for example. Who sells them equipment? What tools do they have to buy on an ongoing basis? Who sells them their dentist chair? Do you know how much one of these chairs costs?

Because they're super expensive, anywhere from $10,000 to $20,000. And now imagine the number of dentists around the world that buy one of those chairs every single day. So, if you're drop servicing a business like this for $5,000 a month and you get them three to four clients per month, they would be making an 8 to 16 times return on the amount of money they're paying you. That's why I say that there is a lot of money to be made in these weird niches.

Another example people like to go for are online businesses and info-pro companies. Now, think: who sells to those businesses? Let's use Educate, which is my online e-learning platform, as an example. I pay tens of thousands of dollars a month for email marketing tools, tracking tools, video hosting.

I mean, do you know how much money it costs me just to host videos inside of my platform? I pay tens of thousands of dollars a month just in video hosting because, listen, obviously, I can't simply publish my program videos on YouTube; I need specific software for that.

Now, have you ever seen someone who specializes in helping video hosting platforms get more customers? Because I haven't. The thing you have to understand here is that there is a lot of demand from the businesses in those weird niches and no one to fulfill such demand because everyone is just focused on the obvious niches that everyone else is going after.

And the craziest thing is that a lot of these weird niche businesses have huge amounts of money to spend on online marketing services—money that they have already budgeted for 2024, meaning they need to spend this money, and a lot of them even struggle to spend this money because they can't find anyone to help them. It is literally a blue ocean hidden in plain sight.

Now, the second thing you need to set up is your service, and the beauty of the drop servicing model is that you don't really need to settle for one single service; you can always offer different services because you always drop service them using different people who fulfill them for you.

The only thing I recommend here is for you to stick to online marketing type of services because those are the ones in highest demand right now, meaning the businesses already know that they need these services and they are actively looking for people who can fulfill them and willing to pay top dollar for it.

Remember that earlier I mentioned that when I first started, I needed to convince businesses that not only they needed to work with me, but I also had to convince them that they needed Facebook ads in the first place. Well, with these services, that's not the case anymore; businesses already understand the need for them.

So you don't even need to convince them to work with you; you just have to claim the money that they're going to invest either way in these services because they've already put it in the budget for 2024. This is where we draw the curtains for the second part of this tutorial series.

The next episode and final tutorial will be published exactly two weeks after this one has been published. Stay glued and I'll catch you in my next update.