Blueprint to Earn $1 Million in Just 12 Months
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Chapter 1: Introduction to the Million Dollar Plan
In the upcoming year, my objective is to transform a business from nothing into a remarkable $1 million venture, relying solely on my phone. Yes, you read that correctly—I won't be using any of my existing skills or a laptop. Stay tuned until the end to learn how you can embark on this journey as well.
Last year, I set myself a goal of earning $100,000 but ended up generating $346,000 over the course of 365 days. Now, I am ready to create an online business that will grow from $0 to $1 million in the next 12 months, and I’m excited to share my straightforward plan that anyone can replicate.
Section 1.1: Understanding the Newsletter Business
Let me introduce you to the concept of a newsletter business, which is my chosen path to success. If you’re not familiar with it, you might want to consider where you’ve been! Essentially, a newsletter business involves sending emails on specific topics to subscribers regularly—daily, weekly, or monthly.
Numerous individuals have successfully earned over a million dollars annually through their newsletters, and I plan to follow in their footsteps.
My strategy is straightforward: I will select a niche, master it over the next three months, and then launch a newsletter using Beehive. My goal is to scale this newsletter to generate $10,000 monthly.
Section 1.2: Projecting Future Earnings
Reaching a monthly income of $10,000 translates to $120,000 annually. However, my aim is to become a millionaire, so how do I achieve that? My plan is to sell the newsletter business once it reaches $120,000 in revenue.
A business that earns $120,000 a year typically holds a value of 10 to 15 times its annual income. Therefore, $120,000 multiplied by 10 gives a potential selling price of $1.2 million. Platforms like Flippa or Empire Flippers can facilitate this sale.
Chapter 2: Join the Journey
While success is uncertain, I am committed to giving it my all to meet this challenge. If you’re interested in pursuing a similar path, I invite you to join me on this free journey. I’ll be sharing weekly updates on my progress here on Medium.
Additionally, if you want to learn how to earn between $3,000 and $5,000 monthly while working less than four hours a day, be sure to check out my other articles.
The first video, "How To Make $1 Million Dollars In 1 Month (My Plan)," provides a detailed overview of strategies and insights on achieving this financial goal.
The second video, "How to Make $1 Million Dollars in the Next 36 Months," offers additional tips and perspectives on long-term wealth creation.
Feel free to comment below with your plans for 2024. I’d love to hear about your aspirations and share them with our community.
Don’t forget to follow my journey and support my work on Medium for more valuable insights into building online businesses. Thank you for reading, and check out my other articles as well!