The Sure-Fire Recipe for 5-Figure Monthly Revenues for Tiny Tribes🪶
How Focusing Initially on 1-2 Done-For-You Services and/or Private Coaching Can Boost Your Subscribers and Set You Up for Even Better Paydays
It’s Nearly My Birthday and I have a Special Offer for You
But keep reading… we’ll get to that.
Here’s what I think
Mini-Books are cool. 😎
I’ve published a few.
eBooks are easily scaled. 💰
I’ve published many.
Paid subscribers are some of the most beautiful beings on the planet.😇
Yet, I discontinued that chase some time ago.
Unfortunately, content alone won’t get you to five-figure monthly revenues…not in the beginning anyway.
You’ll need a much larger subscriber base for that.
In my experience:
Courses are easy to scale but challenging to sell.
eBooks are easy to produce but require astute copywriting skills to sell.
Even membership sites can be slow to gain traction and turn a profit.
Sorry to be a Debbie Downer about this, but…
It’s no secret that content is an advanced marketing product category.
They might be the easiest to produce and scale, but for Tiny Tribes🪶with a subscriber base of <10,000, they remain an inefficient revenue producer for those striving for 5 figures/month.
That’s because ebooks, mini-books, and self-paced courses don’t bring in much money per sale, and if between 1%- 3% percent of your subscribers are buyers, you’d need a pretty sizeable subscriber base to earn five figures month over month.
eBooks: $47USD (median price)
Self-paced courses: $97- $197
Mini-books: 14.99
I know from experience this is true. Sometimes, you can’t even give away an eBook.
What’s a Triny Triber to do?
The Killer Recipe, so to speak, for a Tiny Triber includes one or more of the following ingredients:
One-to-One Private Coaching -$150-$350/ session
A hybrid of One-to-One Private Coaching with a Done-for-You (DFY) Service(s) (optional) - sold as a multi-session commitment - $1,500 - $5,000
DFY Services (alone) - Hourly or flat rates
Done-With-You (DWY) Services - Higher hourly or flat rates
The benefit of offering these services impacts your bottom line in a much more positive manner… you get:
▶️ Immediate cash flow vs. the delayed and averaged annual payments via Substack.
▶️ A paying customer - you convert a free subscriber to a customer who knows and trusts you and will likely feel comfortable buying from you again.
▶️ A built-in email list - who better to market your coaching package to than past customers and current subscribers who already know your work ethic and are satisfied with your work product.
▶️ A likely long-term client base - past customers and free subscribers are warm leads… the best type. No more cold outreach for you when you’ve got warm leads who trust you!
OK, Now for the Birthday Deal: 🥳
“Let’s Get You to 5 Figures in the Next 90 Days”
Instead of a coaching program in which I tell you what to do, and you go off to figure things out independently, we’ll do things differently.
I roll up my sleeves and build your 5-Figure Monthly Recurring Revenue Business alongside you.
It’s not your typical coaching program, but a complete done-for-you AND done-with-you implementation system that builds your $10K/month business in just 90 days.
The next cohort begins December 1 and runs through the end of February 2025. That 90-day coaching and implementation will prepare you for your first five-figure month.
A few public seats are still available, and I decided to offer them here. But they will fill soon, so grab one while you can!
I don’t know when I’ll open this again.
For more info, click here for the details.
Wait… where’s my present? 🎁🤣