The three big things I want to concentrate on in 2015 are; building out into my own online store, outsourcing my business and building a recurring income stream.
Today I want to talk about the recurring income stream. I have built a free membership group from one of the t-shirt niches I am involved in. I set it up way back in October and it has over 250 members today.
That group runs by itself now. I have literally put one post inside the community when it started and over time as I have added people they answer each others questions and post videos for help. I do not have to do anything.
The next step is to create a bridge page that takes people from my Facebook page to a sales page before they become a member. So I hired a copywriter to write the sales page. I found my copywriter on Facebook by using the Cult of Copy Job Board.
I got my copy back a week ago along with an email sequence and I am currently constructing it into a slick funnel on Clickfunnels.
This is where I am at so far. I need to set up a recurring payment button with Paypal and I’ll be ready to go.
It sounds simple but I’m sure there will be a couple of road bumps over the next few days.
So the plan… I am going to offer new members $1 for the first month and $10 per month after that. I will setup the funnel and use Facebook and Google ads to attract new customers.
The DREAM is to have 1,000 paying members. The first big mile stone is my first 10 subscribers, so let’s start there!
GOAL – Have 10 paying members by the end of May. Maybe that’s not ambitious enough, however I am moving to Australia for two months and I leave in just five days. I have a cruise planned for one week and will be doing a lot of visiting for the first week I am there. Maybe getting 10 members will be too ambitious… We’ll find out.
Like I have mentioned previously a recurring income is great because you will have guaranteed money coming your way every month without having to do anything. This will allow you to take time away from your business without worrying about how you will pay the bills next month.
This is just the beginning. Once I get this down and I know the process, it’s something I can replicate into other niches that I currently sell physical products.