Making a million dollars is not as complex as many people believe. Play with the numbers.
Earning $1,000,000 can be:
250,000 people spending $4
100,000 spending $10
50,000 people spending $20
10,000 people spending $100
1,000 people spending $1,000
What if you had a product or service that you charged $83 per month? You would only need 1,000 customers to earn $1,000,000 per YEAR.
Stop and think about that. When you consider how many millions of people are on some recurring subscription every month for all kinds of things…..the possibilities are endless.
A friend of the person who’s article I’m reading from sells a newsletter for real-estate agents to learn how to market real-estate better. He charges $99/month.
Subscriptions used to be for magazines. Now, subscriptions are for everything. Take cookies…
Say the cookies cost $10 to make, and they sell them for $50. That’s $40/month they’re earning in gross profit. If they had 2,000 people on such a subscription, they’re doing a million dollars per year.
Just plain old free enterprise with an internet twist.
So, Luckies…the answer is this:
Get a pencil and a piece of paper and start playing with the numbers. Think about what you can do that others would be willing to pay for each month. And take action.