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๐ [MSN] Win a Cash Prize by clicking the buttons! ๐ฐ
Decompose Your Goals
Online Wealth, Simplified
Welcome to another issue of Millionaire Syrup!
In case if you missed Easy money with Zero investment please read it here
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Actionable steps in every issue to transform and enhance your lifestyle.
Have you ever heard about decomposing your goals?
To find the right business that fits your investment budget and goals, and helps you not just to be sustainable but also to grow, you need to do the initial math.
Please do it with me while you are reading.
Write on a sheet of paper:
How much money do you want to make per year?
Letโs say you wrote down $120K (which will help you survive and cover your bills).
$120K is just $10K/mo of pure profit.
Which means, if you are offering services, you need to close about $20K to have 50% profit.
If you are selling something physical, your sales should be around $30K per month, which is just $1K per day.
NOW.
Letโs think about what kind of business can bring you just one thousand per day in revenue with the following conditions:
Doing business purely online, no office and initial employees required
Minimal financial investments
Not showing yourself on camera
Sounds about right?
And one more thing โ your market has to have capacity for a new entrepreneur, with a consistently high demand where the competition is based on quality, not pricing.
Poll: Which Type of Business Would You Launch Based on Your Expertise? |
๐ Reminder: Monthly Contest for Our Readers!
Starting from the last issue, we launched a monthly contest for our readers.
We will have the TOP 5 contributors receive $500 in rewards:
One person will receive $200
Two people will receive $100 each
Two people will receive $50 each
All you need to do is click on the links in the newsletter.
Beehiive automatically counts your clicks inside each email you open. If you consistently open our emails, read them, and click on the majority of the links, you will be considered a top contributor by the system. The TOP 5 will receive the cash via PayPal or Zelle.
We also believe that by clicking on the provided resources, you will be able to learn more and take more actionable steps.
Recommended Books to read
1. Surrounded by Idiots: The Four Types of Human Behavior and How to Effectively Communicate with Each in Business (and in Life)
10 People You Have to Follow to Create a Strong Business
Generating Your First Income on Instagram:
A Quick Guide
In case you already have an idea in mind, try to do this right now and see what happens:
Optimize Your Profile
Profile Picture: Use a high-quality, representative image.
Username and Bio: Keep it simple and relevant, with a clear CTA.
Link in Bio: Use Linktree or Shorby to direct traffic to multiple offers.
Create High-Quality Content
Content Pillars: Focus on 3-5 main topics related to your niche.
Visuals: Use Canva for consistent, branded designs.
Captions: Write engaging, story-like captions with a CTA.
Leverage Instagram Stories
Daily Updates: Share behind-the-scenes content and quick tips.
Interactive Features: Use polls, quizzes, and questions.
Links: Direct traffic to landing pages.
Engage with Your Audience
Respond to Comments: Show you value your audience.
DM Conversations: Build relationships and thank new followers.
Engage with Other Accounts: Like and comment on similar niche posts.
Use Hashtags Strategically
Research Hashtags: Find relevant hashtags using tools or Instagram search.
Hashtag Sets: Rotate sets of 20-30 hashtags to avoid spam flags.
Collaborate with Influencers and Brands
Identify Partners: Look for influencers or brands with similar audiences.
Reach Out: Propose collaborations highlighting mutual benefits.
Cross-Promote: Share each otherโs content to expand reach.
Offer Value through Lead Magnets
Create a Lead Magnet: Design a valuable freebie (e.g., e-book, checklist).
Promote in Posts and Stories: Regularly mention your lead magnet with a CTA.
Landing Page: Use tools like ConvertKit to collect emails.
Launch Your First Paid Offer
Develop a Low-Cost Product or Service: Create an affordable entry-level offer.
Build Hype: Use stories, posts, and live videos to generate interest.
Promote Consistently: Share customer reviews and success stories.
By following these steps, you can start generating leads and earning income on Instagram. Try it now and see what happens!
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We'll See You in a Couple of Days!
Get ready to flex your entrepreneurial muscles and make some serious cash. We're here to sweeten your journey to successโbecause making money should be a blast! ๐ฐ๐
Stay Sweet, The Millionaire Syrup Team