How To Go From $0 to $100,000 In 2025
Published: 2024-12-24
Status:
Available
|
Analyzed
Published: 2024-12-24
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
To earn $100,000 in 2025, break down the goal into smaller, manageable pieces.
"if your goal is to earn $100,000 in the year 2025 you have to start by breaking it down into smaller bite-sized pieces"
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To reach $100,000 in 2025 (365 days), one must earn approximately $274 per day.
"if you take $1,000 divided by 365 this tells us that you will have to earn $274 a day to generate $100,000 over the course of a year"
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To achieve $100,000 annually, daily sales targets vary based on profit per sale: 27.4 products for $10 profit, 2.7 products for $100 profit, or one product every 4 days for $1,000 profit.
"if you sell a product that makes you $10 you would have to sell 27.4 of those products every single day... if you sell something that makes you $100 per sale well now you only have to sell 2.7 of those things every single day... if you sell something that makes you $1,000 well now you only have to sell one thing every 4 days"
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Businesses lack AI knowledge, creating an opportunity to become an AI consultant by offering integration services to help them save time (e.g., 5 hours/week).
"business idea number one is you can become an AI consultant every single person is talking about AI but many businesses have no idea how AI works so if you're hit with technology take a couple courses online watch some videos on it read some books on it and if you can become good at AI you can show businesses how they can save 5 hours of time a week through your AI Integrations and then you can provide the service for businesses"
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Businesses like realtors, mortgage bankers, and chiropractors need leads, creating an opportunity for a specialized social media agency focused on lead generation through improved social media presence.
"number two you can create a social media agency that specializes in lead gen... for example realtors for example Mortgage Bankers for example chiropractors who need leads for their businesses and if you can specialize in one industry say real estate and you can show that you can help Realtors generate more leads to buy or sell homes through making their social media Pages better"
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Local businesses desire first-page Google rankings, but lack the knowledge of SEO, presenting a business opportunity.
"number three is understanding how to do SEO in today's time and then selling the service to businesses especially local businesses because guess what every single business wants to be ranked on the first page of Google but the problem is most people have no idea how to do that"
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The AI-driven algorithm changes in SEO create a new opportunity for those who understand how to rank businesses on platforms like Google, Yelp, and Google Maps.
"the reason why it's so difficult today is because the algorithm has changed because of AI and if you can show how you understand the new algorithm how you can rank in this new time and get businesses to rank on Google to rank on Yelp to rank on Google Maps"
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Businesses often spend money on YouTube ads without knowing how to manage them effectively, creating a need for YouTube ad managers.
"number four is you can consider becoming a YouTube ad manager again you can learn by taking classes by reading books by watching YouTube videos and reading blogs how you can manage YouTube ads and there's a lot of businesses out there that are spending money and advertising that have no idea on how to manage Those ads"
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Specializing in specific ad platforms (YouTube, Meta, X) can lead to higher earnings for ad managers.
"notice that I said YouTube ad manager because I want you to specialize if you don't want to do YouTube ads look into meta ads if you don't want to do meta ads take a look at Twitter ads or X ads do something specialized because that's going to help you earn more dollars"
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Busy CEOs lacking executive assistants can be served by a virtual assistant agency offering email management and administrative support.
"number five is you can start a virtual assistant agency where you can find Busy CEOs that don't have a full-time executive existant and you can now come in and save them time by managing their emails and doing some other basic administrative work for them"
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Transitioning from one-time services to a subscription model for services like virtual assistance, ad management, SEO, lead generation, or AI consulting, charging around $1,000 per month per client.
"instead of just selling a business a one-time service create an agency but now you're putting these businesses on a subscription model for example instead of charging a business $11,000 one time to do any one of these things now let's say that you're trying to find businesses that will pay you $1,000 a month to do their virtual assistance services or to do their YouTube ad management or to do their SEO or to do the social media lead genen or to do the AI Consultants"
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The goal for subscription-based agencies should be to add at least one new business client per month.
"if you can find a business that pays you $1,000 a month now the game is very different now instead of trying to find a sale every 4 days which you can work to do now is try to add at least one new business to your subscription service every month"
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With a target of one new client per month, by year-end, 12 businesses paying $1,000/month would generate $12,000 in monthly recurring revenue.
"by the end of the year you'll have 12 businesses that are paying you $1,000 a month each which is $112,000 a month"
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A projection suggests that contacting 200 leads per month, with a 10% meeting rate and a 5% closing rate, results in approximately one sale per month.
"if you can do more than this great but now you have 200 businesses 200 leads that you're reaching out to a month if you're reaching out to 200 leads a month let's assume that 10% of them are actually kind of interested and you can set up a meeting with 10% of them that means you only get 20 meetings a month... now out of these 20 meetings that you generate I'm going to assume that you are a horrible salesperson... and now you can only close let's call it 5% of these meetings a month that is one sale a month"
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High-yield savings accounts are expected to offer interest rates between 3% and 5% annually.
"make sure it's FDIC insured and that it's a legit bank but now these are banks that are going to pay you somewhere between 3 four close to 5% a year in interest"
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A recommended financial plan suggests allocating a maximum of 75% to spending, a minimum of 15% to investing, and a minimum of 10% to saving for every dollar earned.
"75 cents is the maximum that you can spend 15 cents is the minimum that you are investing and 10 cents is the minimum that you're saving"
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It is advised to actively negotiate bills to lower costs.
"start negotiating your bills a little bit lower"
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Selling unneeded items, such as electronics or clothing, can generate extra cash.
"sell some of your stuff or downsize some of your stuff if your car is too much sell it if you have a whole bunch of electronics in your house that are just collecting dust sell them if you have extra clothes sell them start selling the things that you don't need"
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A free, live, and virtual wealth-building workshop is scheduled for January 7th.
"I have a couple resources for you if you want to join me on a free wealth building workshop that's going to be on January 7th it's free and it's live and it's virtual"
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A free newsletter called 'Market Briefs' is published six times a week by Briefs Media.
"my team at briefs media publishes a free newsletter called Market briefs every morning we publish it six times a week"
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The long-term debt cycle occurs every 50-100 years, and the speaker poses the question of where we currently stand within this cycle.
"this long-term debt cycle if it happens every 50 to 100 years you might only live through one we've seen how these short-term debt cycle recessions work not happened with 2008 with the great financial crisis so the question you're going to naturally have is where are we on this long-term debt cycle"
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In 2019, Ray Dalio indicated that the economy was very late in its debt cycle.
"back in 2019 Ray Delio said that we are very late in this de cycle"
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