Hi everyone, welcomeback to another video. In today’s video, I’mgoing to be breaking down my rather simple plan to conclude$ 1 million in one month by age 26. Now I’ve noticed from examining through my canal now on YouTube, there are a ton of videos, butthey’re all tutorial videos in order to help you guys get to the point where I currently am in my business. With that said, I’ve nevershared my future programmes. So today is going to be a special video. And I are of the view that fetches a lot of value to the table because you don’t frequently find parties in onlinebusiness to this degree sharing what their futureplans are over the next year. So whether you’re brand-new to online business, or “youve had” some experiencewith online business, I think this video will be helpful in setting your long term goals.To all of you who are new to the channel. Welcome to the channel. My name is Greg and I like to talk about online entrepreneurship. And since I’ve been in thisspace for so many years, I’m trying to give backand share helpful resources to help you guys get to thepoint where I currently am. Now before we get into this video, I need to take a few seconds merely to thank all of you guys who are returning to this channel and to all of you guys who have been showingsupport on these videos. The likes, the comments, the sharing these videos, I actually do appreciate itand it hinders me motivated to give you guys more helpful content. So without further ado, let’s start this video and start unraveling myplan to clear$ 1 million in one month by senility 26. Now where we need to begin on this is to go back one stair and simply please explain how I got to get where I am. So I can be demonstrated you how I’m goingto do where my goal is set. When I started out on onlinebusiness over five years ago, I tried all of the differentonline firms out there. This is everything fromAmazon FBA to Dropshipping to Fiverr works. If your experience getting started in online business isanything similar to mine, you will see that thereare a ton of advertisements drive you and selling you on different online business simulations. Now probably just like you I had to try all of these business modelings to see what they were really about.Now over the course of the next few years from trying all these business examples, I was able to find out which ones were actually making money, which ones were realisticbusiness opportunities. And which ones most importantly were passive income business prototypes. Some of the business simulations that I tried, they did make money, but they were so pass on that it wasn’t worth the money that you were realizing. Now all in all, from the years of trying all of these business models, it truly boiled down tothe two business patterns that I currently do today. These two business modelsare print-on-demand and affiliate sell. With that said to any of you who are new to online business, orif you haven’t gotten into these business poses, yet.This is where all of the other videos on my canal will come in handy for you. They’re all free tutorials. There is a lack of paid coursesand all the information that you need to grow your businesses as big as mine is all on myYouTube channel for free. So hopefully now we’reall on the same page. But now the question becomes, how do I plan to turn myprint-on-demand business and my affiliate marketing business into$ 1 million in one month by age 26. This is the part of the video that I’m energized to share with you. So let’s get right into it.Over on print-on-demand, you’re able to create several details. What I signify by that is you can create an account on Teespring, you can create an account on Redbubble, you can create an account on Merch by Amazon. These are in my opinion the top three print-on-demand websites, although there are a handful of other ones out there that you couldupload intends on as well. The cool thing about this is that you can upload these same designing to each one of these industries, but all three of those websites, they get their own traffic, so you’re going to get marketings separately on all three of them.Now, the important takeaway from that, is that you have three separate enterprises on print-on-demand. Now coming over to the otherside on affiliate sell. This is where I’ve been creating niche specific affiliate marketing websites. The beautiful of this is thatthey are very low cost to is starting. Yes, they do take a lot of hard work and quite a bit of term for you to start ranking on Googleand preparing substantial money. However, you can make as manyof these websites as you crave. There’s literally no restraint, you can have one, five, 10, 50 different websites all making money separately every month. Now although it’s definitely possible to impel$ 1 million in one month only from the earnings of allthese industries mixed. It might not be realistic, and it’s going to make various more years to build these transactions up to that extent. Now my plan to make a million dollars in one month is course more realistic and is going to happen a lot faster. Something that’s not very common knowledge in online business, particularly for people gettingstarted in online business is once you germinate your online business, you can actually sellthat online business.Now this is where it gets good. Remember how I was explainingon print-on-demand, you have three separate notes. And over on affiliate commerce, you can have as many differentwebsites as you require. Well, the grace of thisis that you can sell any of those individually. If you have selected merely tosell one of your accounts on print-on-demand, youcan utterly do that. And you stop all of the other ones.Vice versa on affiliate sell, if you choose time to sell one of your affiliate market websites, you obstruct all of the others. You don’t have to sell them all as a good deal. So with that being said in a nutshell, my plan to constitute$ 1 million in one month by senility 26 is to sell offone of my businesses. This is only going tobe one of my websites or one of my print-on-demand chronicles and I’ll be able to keep all of the residue and continue originating them. However, the questionbecomes how large-hearted do you have to build up a business in order to sell it for$ 1 million. This raises us to the best part about selling an online business. And that is that online businesses often sell for 25 to 35 durations their monthly net profit. Now what that represents in layman’s terms is if you’re going off the modest number of this metric of exclusively 25 meters the monthly net profit of a business. That meant that if one of your business is paying a net profitof $ 40,000 in one month, you can expect to sell that business for a minimum of$ 1 million. Now since I’ve been an online business for over five years now.I’ve been able to putin a lot of hard work and a lot of term forthese businesses to grow. So I have several different chronicles either already earning over $40,000 revenue per month. Now if you guys have watchedany of the other videos on this channel, you know that I frequently is not talk about whatmy business’s revenue, but the reason I chose totell you that is simply to stimulate you or cause you and show you that this business model of print-on-demand and affiliate marketing is a viable and veryprofitable business mannequin. And the cherry on top of that is that if you choose tosell any of your details down the road, you are eligible to obligate 25 to 35 terms your monthly net profit on anyof those individual accounts.So the last part in thisvideo I think is going to be helpful and hold all this together. You may be asking how do you find someone who’s willing to pay a milliondollars for your business. And this is something that I’m going to be experiencing firsthandin the coming year. And as you can bet, I’m going to share this process with you guys on the direct. However, my project here isto use marketplace websites to sell online industries. And the above reasons I plan on usingthese marketplace websites is because I’ve been recommended them from people who have had success selling their online business in the past.Now merely to give you an ideaof one of these websites, so you can go look throughand appreciate other businesses that are for sale andwhat they have sold for. I’ve never personally squandered them before but one of the big-hearted websites in this space is called empireflippers.com and I know there’s acouple other ones out there that are very similar. Something that I personally like about Empire Flippers, grant that I haven’t put-upon them before is that it shows their total amount of businesses sold. At the time that I’m recording this video, they’ve sold just about $150 million worth of businesses. Precisely in the last 30 daytimes, they’ve sold about $3.6 millionworth of online jobs. This proves to me thatpeople are selling businesses and people are buying transactions for big extents of fund on this platform. So all in all, I hope thisvideo has be useful, it has become you think aboutsomething differently, and I hope it’s providedvalue at the end of the day. This is the first time I’ve shared something about my future plans for my personal online businesses.So I hope you were able to get some helpful takeaways from this and it obstructs you aroused to keep originating and working on your print-on-demand and affiliate marketing occupations. As always, if you hitthe thumbs up button, if you mention or share this video, I actually do applauded the fact, so expressed appreciation for. If you have any questions, let me know down in the specific characteristics. And I’m going to go aheadand link up a full tutorial for print-on-demand and a full tutorial for affiliate market. So if you are new to the space, you can get started the correct way. All liberty chaps, I hopeyou experienced this one and I will see you all in the next video ..
Video Transcript-As found on YouTube
