So this is the second ebook I have seen from someone who went through the 30x500 course. I thought the entire premise of the course was to get 500 subscribers to pay you $30 per month?
BTW , for such a niche product the price probably needs to be higher
The final price will be higher ($50.00). Right now there's a significant discount for the beta version.
This isn't intended to be my only product -- ebooks have a pretty vicious falloff in sales after launch. It's a chance to get all my marketing ducks in a row for when I do sell software.
It's a slight difference, but it's more about getting 500 people (unique or recurring) to give you (an average of) $30 per month.
This could be automated recurring revenue (like SaaS), or building products that are one-time or intermittent purchases with many customers. Or, you can try to get fewer customers at a higher price, or more customers at a lower price for some things (but that's almost always harder to make it work).
It's also about building products that aren't full-time jobs in and of themselves, so you can have several products over time, that cover a range of concepts and audiences. This has the added benefit of providing you with diversified income, so you aren't SOL if a single product starts to lose customers.
Ebooks are a common initial product, because they have a little less initial risk and are a little easier to start as a side project than a full-fledged SaaS product.
This was a great read. I've been working on an ebook myself and need all the advice I can get. I really appreciate that he's sharing some of his experience freely instead of just making yet another "How to get rich" ebook.
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This could be automated recurring revenue (like SaaS), or building products that are one-time or intermittent purchases with many customers. Or, you can try to get fewer customers at a higher price, or more customers at a lower price for some things (but that's almost always harder to make it work).
It's also about building products that aren't full-time jobs in and of themselves, so you can have several products over time, that cover a range of concepts and audiences. This has the added benefit of providing you with diversified income, so you aren't SOL if a single product starts to lose customers.
Ebooks are a common initial product, because they have a little less initial risk and are a little easier to start as a side project than a full-fledged SaaS product.