In today's article I'm going to cover how to make ten thousand dollars profit a month with an online business, I'm not gon na try to sell you a course. The reason why I'm doing this is because all of the online articles out there on YouTube on how to make money are dated, and the best thing is a lot of these examples that I'll give you today can take you to that. First million dollars to make sure that you make the right decision on what business to start, I'm going to use a ranking system. The first is how cheap it is to get started. How much Capital do you need?
The second is how much technical knowledge? How easy is it to get started? The third is: how quickly can you expect to take ten thousand dollars out of the business, not just sales, but ten thousand dollars profit per month in your personal spending account and then the fourth criteria is: How likely will it be that this business can scale up To being a million dollars, take home cash for you, and I must say the last one on the list I do think can make the most money, but it might be the slowest way. So this brings us to our first business. You see, entrepreneurship is like surfing.
You don't get to create the waves, but you do need to paddle out, learn the skill and then you can catch the wave. When it comes you see, technology goes through platform shifts. First, we had the desktop. Then we had mobile. Now we have something called AI, which is artificial intelligence.
I'M sure you've been seeing lots of it with any new platform shift. The media goes absolutely crazy. All of these newspapers that are talking about job loss and stuff like that are creating fear in Founders and business owners that you can capitalize on. This is why one of the best businesses that you could start right now to make ten thousand dollars is an AI automation, agency or AAA. You see, automation.
Agencies have been around forever, however, now with AI they have just been super charged and the amount that you can do is way more. For example, I have one of the biggest outdoor retailers selling water sports equipment. We do about 20 million dollars a year and get thousands of physical is on our website. If you launch an AI agency, what you could do is you could come to a business like me and say I will set up a chat bot that utilizes chat TPT, that is so smart. It can really interpret people's intent and then incorporate our database.
So things like our FAQs all of our customer service, to give the best personalized experience on the website. Chatbots are one of those things that people feel really confronted about that it's really technically challenging to incorporate AI, but there are simple tools out there like bot, press and stack AI, as well as a ton of Shopify apps, even being launched at the moment that you Could tailor for your customers needs, but Founders don't know this, nor do they have time to do it. This is where you just need to learn those skills over a weekend and then start selling yourself. Another great application that your agency could do is cold Outreach, optimization using Google Sheets zapier and chat GPT, one of the best examples I've seen of this is where someone is Skyping, Shopify stores and it's very very easy to get a list of Shopify stores. You can just Google list of Shopify stores and they will pop up.
Then you set up an automation that asks chat gbt. What is an optimal app that I can pitch this Shopify store? For example, if it's a bath bomb store chat, DPT will write a tailored response saying this would be the perfect app that I would love to develop for you, where customers can tailor-make their bath bombs and pick all of their colors. It'Ll only cost this, and it will take about this long. The response rate would be massive for that compared to all of the other cold Outreach that I'm sure people have seen.
That makes no sense. So how do you get your first client for this? The best resource for this is LinkedIn, where you can go to all the outdoor stores and just reach out to them and say hey. I can create amazing chat, bot that will increase your return on ads, Bend and increase customer satisfaction. The other thing you have is just Google businesses.
If you don't want to use LinkedIn, you could write in dentist, find all the dentist in the area and create a custom, AI solution that helps their business function. So where does this business rate with our full criteria? The first, in terms of how cheap is it to launch it's probably going to be a 9 out of ten? Simply because you are doing everything yourself, you're gon na go onto YouTube and you're going to study how to set up these automations. The reason why it's not a 10 is you might need to pay for some support.
Maybe you need a developer every now and then, but I highly doubt it. You want to start off small with simple, no code Solutions in terms of technical or how knowledgeable you need to get started. It'S probably a six out of ten, it's probably the most complicated example that we have today in terms of how quickly I think you could be making ten thousand dollars a month. It is definitely a 10 out of 10 It is the perfect timing for this type of agency and it will be very, very easy for you to get clients and, finally, how easy is it going to be to make a million dollars? It'S probably a six out of ten, simply because anything agency side is hard to scale up, because you just need to hire lots more people when you get capacity.
So this brings us to our next business idea, which, if you're not technical. This is the perfect one for you. Unless you've been living under a rock, you have seen that threads has now launched, which is basically a Twitter clone. It means Brands will be flocking to the platform because they can transfer all of their Instagram followers into a text based app brands are going to be wondering. How do we even use a text-based app because lots of them weren't on Twitter they'll be looking for ways to use the platform to either educate or entertain, to grow their following and also sell their services to their following?
I was just talking to a Ghostwriter who has a very simple process. He has a call with the founder of the brand and asks them a bunch of questions. He records the entire thing transcribes. It sends it to the Philippines or even uses AI Chachi PT, to create all of these Twitter or thread posts for the founder. He was then charging his clients, five thousand dollars per month for this service, and he was creating hundreds of tweets, which was creating a lot of value you.
So how are you going to do this first you're, going to identify a certain Niche that you want to write about the best niches on these text-based platforms are ones that are selling to other businesses. This is what we call business to business. One of the best examples of this is agencies, people selling services such as Facebook, media, buying content creation or even influencer marketing, a common technique that they do is they create a free resource, so it might be 50 content hooks or my top Facebook ad account structure And then they'll create a post on Twitter or threads and say all you need to do is comment on this post and I will send it to you as soon as that happens, you've got that email, you've got their intent and you can sell them to servers Such as your agency, so where does this go in terms of cheapness? It'S a 10 out of 10 You need absolutely nothing to get started in terms of technical knowledge, ease of starting it's probably a 10 as well. All you need to do is write and you've been writing since school to start making your first ten thousand dollars a month.
It'S probably a seven out of ten and to scale it up to a million dollars. Probably a three out of ten. It'S gon na be very tough to make that into a million dollar business. So this brings us to our third business idea. Now you can't watch one of my articles without me mentioning e-commerce.
I'Ve made over 80 million dollars profit using e-commerce, but this idea is a little bit different because our main goal is to make ten thousand dollars cash in your own personal bank account. So let me give you an example of this criteria of just your classic e-commerce business where we're buying product from China we're branding it we're even porting it to a 3PO and we're selling online customers using something like Facebook ads some paid ads. If I had to write the capital intensiveness of that, it's probably a two out of ten, it's going to cost lots of money to get the branding done to order the stock. Look. I love e-commerce.
I'Ve made over 500 million dollars in sales through e-commerce, and I made all my money from it, but it is capital intensive to begin with technical knowledge. I do think e-commerce is simple, but there's just lots and lots of elements to master. You need to master fulfillment import loading, product design marketing, so even that's a 6 out of ten in terms of rating now. This is where things get really difficult. Making your first ten thousand dollars take home cash you're not going to be able to do that.
For a very long time, because you have to put all your money into inventory to keep up with orders if you're growing and to make a million dollars, I know businesses that are doing 10 million dollars in Revenue per year and they're still not taking a million Dollars out of the cash, so those ratings would also be really low, maybe a three and a two out of ten the main way we're going to achieve this is not ordering inventory. Yes, that's right! I can't believe that I'm suggesting Drop Shipping for this because you're just getting started. You might not have capital for those that don't know Drop Shipping is where you're not actually buying the inventory and shipping it to a country you're just shipping, it straight from China to the customer, so you're, basically only ordering your stock as you need it, and the Second requirement is we're not going to use paid ads? That'S why no Facebook ads for this business model, so the first step is exactly the same as it always is.
You'Re going to set up a Shopify free trial, get one or two samples. Ten dollar Amazon light box to take some photography of your product and then you're ready to start selling. Now this is where things get crazy. There'S a bunch of businesses out there that you may have seen on Tick Tock like the monkey smash toy or the sex tabs chocolate, there's even an amazing seller selling samurai swords using this organic strategy. The first step is finding a group of creators and I'm no.
I'M not just going to suggest influencer marketing, don't just send them a product, get them to do a post. That is the old way of doing things. You'Re going to build a relationship with these creators. Maybe you've got three or four: they need to be experts in making things viral then they're going to create a bunch of accounts, they're not going to worry about posting lots and lots of times and ruining their own followers on their own accounts or looking stupid, because They'Re using what we call vertical Niche pages, so if we're selling bath bombs, it might be bath bomb explosions or something like that and then they'll just post three to four times a day on that account with different viral formats and they all share knowledge. So all three of the creators are talking about what work you can pay them in different ways.
You can pay them based on affiliate commission. You might just pay them monthly for a certain amount of creatives, and this is how you absolutely explode on the platform. Getting hundreds of millions of views cheap, it's probably only a six out of ten, because there are a few expenses there. Technical I'd probably say a 7 out of 10 making your first ten thousand dollars a month, probably also a seven or an eight out of ten and they're, making a first million. I actually do think that this is a good way to do it.
It'S probably a six out of ten, because, let's face it, making a million dollars is not easy. The next business idea, I do think, can make you millions, and I do think that it's becoming more and more common, especially with AI. Have you ever seen? One of those videos on YouTube where it's like the top five Amazon fines and it just goes through - and it shows your bunch just random footage - and it's got this weird narration like an old infomercial. This is what we call a cash cow, faceless Channel, a Creator behind that has just compiled all of that footage, gone to upwork or Fiverr paid someone with a voiceover, edited it all together and put it on YouTube.
They can upload five videos a week in this format and then some of them rank really well in the algorithm, allowing them to produce revenue from the ads that YouTube provides. I recently talked to someone that's making over a one million dollars profit a year passively he's not even involved every single 12 months using this formula. So where does the secret lie? It'S all about picking the perfect Niche and when you're getting started, there's always riches in niches, meaning that you don't want to compete with everyone else. You want to use something like the free trial of exploding topics or Google Trends to find something really Niche and really current, so that you can create some videos for that.
You can use a bunch of stop footage use something like chat GPT, to help you with the script, outline use your iPhone to record the video and start pumping out these videos on YouTube. Until you can start monetizing my main tip with measures, is you don't want to advertise to people like 12 year olds that have no money? You want to focus on things like golf where they have lots of money, but you need to find niches within golf that you can create content for that ranks in terms of cheapness to get started. This is a 10 out of 10. All you need to do is get a free video, editing software in terms of technical, probably a 7 out of 10 you're going to need to learn how to edit videos how easy it is to make ten thousand dollars a month.
Probably a seven out of ten and a million dollars. I think this is possible at scale with AI - it's probably a six out of ten, so they're, the four top businesses to start making ten thousand dollars a month. If you have any questions, leave a comment, I'm always rooting for you guys don't forget to like And subscribe
