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Hello,
I own a self-publishing brand on Amazon, which grosses between $6,000 and $10,000 per month with a 50% profit margin.
Although this business model is semi-passive, I am growing tired of it.
The barrier to entry has become quite low due to AI, making it difficult to stand out in the crowd. Additionally, Amazon is known to shut down accounts without any recourse.
After reading The Millionaire Fastlane , I decided to explore new business models and high-income skills. My goal is to learn new skills and apply them, by copying proven models, THEN, in the future hopefully i will develop my own unique, fastlane business.
As I improve my skills, I am considering several business models that have caught my attention.
I am interested in the following models: Local Lead Generation (Rank and Rent), Flipping Online Businesses and Websites, and owning agencies in general. I believe these models require high-income skills that are not easily learned and can unlock greater opportunities. I intend to learn these skills in the following order:
Looking for critiques to my approach, interested to know if i am misthinking this and i should do this in a different way
I own a self-publishing brand on Amazon, which grosses between $6,000 and $10,000 per month with a 50% profit margin.
Although this business model is semi-passive, I am growing tired of it.
The barrier to entry has become quite low due to AI, making it difficult to stand out in the crowd. Additionally, Amazon is known to shut down accounts without any recourse.
After reading The Millionaire Fastlane , I decided to explore new business models and high-income skills. My goal is to learn new skills and apply them, by copying proven models, THEN, in the future hopefully i will develop my own unique, fastlane business.
As I improve my skills, I am considering several business models that have caught my attention.
I am interested in the following models: Local Lead Generation (Rank and Rent), Flipping Online Businesses and Websites, and owning agencies in general. I believe these models require high-income skills that are not easily learned and can unlock greater opportunities. I intend to learn these skills in the following order:
- Sales (SEO, Copywriting, Paid Ads traffic, Cold-Calling, Email Marketing): I have purchased several books by Sabry Suby, Alex Hormozi, and Dan Kennedy. I believe there is significant value in being able to drive traffic, more leads, and bring more customers to business both online and offline.
- Technical skills, such as WordPress, article writing, link building, and affiliate marketing: Once I learn how to increase sales, customers, and leads through digital marketing skills, I will be better equipped to start my own ventures or buy and improve monetized websites for profit.
Looking for critiques to my approach, interested to know if i am misthinking this and i should do this in a different way
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