Make $100k/Month Running communities without any audience- Unique Business Idea
01 |
π§ Concept
Dean Bokhari makes $100k/Month from his community and you can do the same without any audience
Let me explain.
πΊοΈ The concept
Creating communities for companies and influencers
π€ Why
1. Communities are on a huge rise right now
2. Create way to build brand affinity
3. Create way for monetization
02 |
π Opportunity #1
Creating a community is a completely new skill that not many people know how to do
β‘ Create a service that set ups communities
1. Set up community website
2. Set up emails
3. Set Up communities tabs, FAQ
4. Set up Outreach to join community
03 |
π Opportunity #2
Managing community is also a lot of work and requires unique skills
β‘Create a community management service
1. Charge monthly fee management
2. Different offers (running Q&As, accountability, challenges)Β
3. Fee for driving traffic to community
03 |
π Approach
β‘ Option 1
Find companies and influencers and charge them a fee
β‘ Option 2Β
Find influencer/company and do revenue split with them
Easier to convert as there is no risk for the influencer
You can leverage their massive following and share profits with them
If someone has 1 million followers you could have a paid community of 10, 000 people
10 000 x $10 = $100k a month (50% of that for you)
04 |
π° Making Money
Option 1
Leverage platforms such Buddyboss
You can purchase 10 websites at $388 plan and charge $100 from clients
That’s $600 passive income from just this
Option 2
1. Set Up Fee
2. Management fee
3. You can even do revenue splitΒ
Option 3
Create digital products
1. Operating Practices for running challenges
2. Operating Practices for running accountability groups
3. Email templates
Option 4
1. Charge premium fee for a paid community
2. Sell one of events
3. Sell one of digital products
share profits with the infleuncer
04 |
π οΈ How to do it
Use softwares like budyboss, Tribe, Circle
If you need use wordpress hosting for a few dollars
Get virtual assistant from onlinejobsPH or Upwork to do the basic management for you
π₯οΈ Tools Mentioned:
π§° Google Trends
π§° Answer The Public
π§° Systeme.io
π§° Bluehost
π§° Hostinger
π§° Mailerlite
π§° Getresponse