Professional Documents
Culture Documents
The purpose of the guide is to provide you with the Pros and Cons of the different ways
you can make WiFi Money.
Every paid resource is 100% approved by me. I’ve bought them. I’ve used them. I know
they work. And for this reason, I feel comfortable promoting them. So if you click on the
links to tools, resources, and products mentioned in the guide and purchase via my
affiliate link, it’s likely I’ll receive an affiliate commission at no extra cost to you.
That said, I want to thank you for subscribing to my newsletter, and I hope you find
value in this guide.
Finally, feel free to send me any questions you may have to my email address,
jose@rosa.do.
Onward!
Conclusion 26
And I was broke for years because I didn’t tap into this market.
Worse yet, when I tried, I hopped from one way of making money to another.
I tried out many of them at the same time. But I never went deep.
Once I decided on ONE way to make WiFi Money, things started going my way.
The transition between them was flawless because I stuck to ONE way of making WiFi
Money for a long period of time before moving to the next one.
And today I'll show you 8 different ways to tap into the trillion-dollar digital economy.
To be honest, I could've kept this list within the 3-5 ways, but the thing is I want to give
you options so you can create your own WiFi Money path.
So read along.
But before you do, I highly recommend you choose only one of the ways to make WiFi
Money and stick to it for at least 3 months. If you don’t, you'll end up running in circles
and wondering why nothing is working.
Good?
If you like writing, releasing an ebook could become a great source of income.
You can sell ebooks at higher prices than printed books. The reason is they usually
provide an answer to a tiny but painful problem. This means that your ebooks aren’t
meant for the general public. Instead, you craft them for a small audience with a specific
problem you can teach them to solve.
Generate leads and newsletter subscribers with ease. Feel free to write ebooks with
the intention to give them away for free to incentivize people to join your newsletter.
Easy to repurpose content. In full transparency, the idea for this free ebook was born
from an email I sent to my newsletter. I saw it got a ton of praise, so I decided to expand
the information and turn it into this ebook.
Cheap to create. You don’t need much to write an ebook. I used Google Docs for the
layout, Canva for the cover page, and Grammarly for spellchecking to create this guide.
Global reach. You can distribute your ebooks through different digital channels like:
blog articles, social media, newsletters, paid ads.
Instant gratification for you and your readers. There’s virtually no waiting time to get
access to an ebook. Your readers give you their email addresses, and they gain instant
access to your content. And you'll also get a notification on every sale you make.
A printed book feels better. Having your book printed out gives you a sense of
achievement that an ebook might not offer. But, if you get over this and start measuring
what can be measured (sales and money), this stops being an issue.
Confusing tech stack. Learning new software can overwhelming. That’s why I
recommend beginners to use Gumroad. Gumroad is the simplest e-commerce tool in
the market.
Piracy. It’s a risk you must accept. I see being pirated as a badge of honor. Not
because I like it, but because it means that I’m worthy of being copied, plagiarized, and
pirated. That said, piracy is against the law. So don’t pirate content.
Recommended Resources
Ebook Printer by Jose Rosado
His Business
Joseph owns a multi-six-figure flipping business. He wanted start a new coaching
business teaching others how to sell stuff on Amazon and eBay.
The Challenge?
Joseph had two major challenges she needed to face.
The Solution
Joseph joined my Breakthrough Coaching program. During the coaching, I
detected many opportunities to help him create his new coaching service.
The results?
After one month of coaching with me, Joseph got his first 3 clients, bringing in
$3.5K in sales in his first month. This coaching business eventually made him
6-figures in sales in less than 8 months.
Also, I know people who buy Rolex watches at $10,000 apiece and selling them for
$30,000.
If you'd like to learn more about this, follow Coach Joe Hart and Joseph Oliver (my
student) on Twitter.
Pros Of Flipping
Quick profit. You can buy low-cost products at Walmart and sell them for a profit on
Facebook Marketplace, eBay, or Amazon.
Low initial cost. You don’t need to create the products or hold massive amounts of
inventory.
Low-risk, simple business model. You buy stuff at a low cost and sell it for a profit.
You can start by buying things at $5 and selling them for $20-$50. As time passes by,
you buy more expensive stuff and sell it for a profit.
High traffic. Amazon, eBay, and Facebook Marketplace send users to your postings.
But you’ll need to optimize your product’s page so it gets more traffic.
You can sell on different platforms. You’re not tied to Amazon, eBay, or Amazon. You
can sell various products in each of these marketplaces.
Shipping and handling. If you shipped something and don’t have insurance, you’ll
have to refund the money to the buyer, and you lost the product.
Difficult to build trust with your customers. One lousy feedback can destroy your
reputation. Getting people to trust you when you have zero-star ratings on some of
these platforms is challenging.
Software learning curve. Learning the Amazon, eBay, and Facebook marketplace
algorithms can be a hassle. These platforms are search engines for products, so you’ll
have to study their algorithms.
Recommended Resources
The Art Of Flipping by Joe Hart (affiliate link)
How To Make Your First $10K Reselling by Joseph Oliver (free course)
Creating a well-produced video course takes longer than writing an ebook, but people
are willing to pay more for them.
Easy management. You can continuously update your courses by adding more videos,
templates, and resources to them.
High margins. You keep 90% of most sales before taxes. Not bad!
Free to start. You can use free software such as Loom or Zoom to record your screen
and yourself. And use iMovie for Mac or Shotcut for PC to edit your videos.
Some people still think it’s a scam. It’s normal to get called a scammer when you sell
digital courses. Get used to it.
You need a big audience. Creating a video course is one ingredient of a more
extensive formula. Once you create the course, you need to market it. If you don’t have
many followers, you’ll have a tough time selling these videos courses.
Difficult to price correctly. Should you price your courses at $25? Or $97? Or 497? Or
the infamous $997? I recommend always starting at a lower price, then raising it as you
get more testimonials.
Piracy. Every digital product can be pirated. It’s the law of the land. Get used it.
Recommended Resources
Conquering Information Products by Jose Rosado
His Business
Alex is an ex-Google employee turned fitness coach. He helps people of all age
groups eat healthier and get leaner using his unique approach to dieting.
The Challenge?
Alex had three major challenges he needed to face.
The Solution
Alex joined my Breakthrough Coaching program. During the coaching, I detected
many opportunities to help him generate more sales.
The results?
After three months of coaching with me, his Twitter following doubled, he
launched an information product that’s been sold in 40 countries, and set the
foundations for future launches.
How?
● Cold Email
● Social Media Marketing.
Cold email is the art of sending emails to “strangers.” But not any kind of strangers.
These strangers are people you've researched and believe you can help.
Once you decide to send a cold email to these “strangers,” you can either automate this
process with Mailshake or send them manually.
This consists of optimizing your social media accounts so that people who visit your
profile instantly know what you do.
You achieve this by posting content relevant to the type of clients you're trying to attract.
Pick your projects. You work with who you want to work with. If you don’t like the
prospects, you can disqualify them on the spot. Just say, “I’m not the right fit for the
project.”
Easy to pivot between careers. Got bored with web design? Get into funnel creation.
Or email marketing. Or sales. You’re your boss. So do as you please.
Lack of trust. When you’re starting this new venture, you might need to work for free to
get a couple of testimonials and experience. These testimonials are golden to gain trust.
Time off is unpaid. Got sick? You won’t get paid. Being lazy? You won’t get paid.
Selling your services is mostly selling your time.
Rejection. Getting rejected is the #1 reason why most people quit selling their services.
Getting told “no” on a Zoom call can be a distressing experience for most people.
You’re selling your time. You get paid for putting in the hours even if you’re not
charging on an hourly basis. Your income is determined mainly by the time and effort
you put into your business.
Recommended Resources
Cold Email Mastery by Cold Email Wizard (affiliate link)
Back then, I was looking for someone to design posts for my Instagram page, so
I agreed to the meeting. Shreya sent me the Zoom link, I clicked it, and there we
were, talking about the future of my IG page. After some questions, she told me
the price, and I said no. But only because she didn't offer me what I needed. So I
told her exactly what I did. Two months passed, and I was so impressed by her
skills that I decided to coach her in closing bigger deals.
● Frustrated because she didn't have a lead generation system that worked.
● Terrified of losing clients and being ghosted if she raised her prices.
● Annoyed at her self-perceived lack of sales skills.
The Solution
The results?
Grew a six-figure agency and sold thousands of dollars in digital products during
2021.
“I get paid between $3,000–$5,000 for 12-week online coaching. We Zoom once a
week, and they get unlimited text support from me.”
We have fitness coaches, business coaches, holistic medicine coaches, sales coaches
taking full advantage of the golden age of online coaching.
Incredible!
If you have a skill and you love to teach, try online coaching.
Meet interesting people. Helping people you like win at life is satisfying. Coaching will
teach you a lot about others, and you’ll learn a lot about yourself too.
Quick feedback. You see other peoples’ results in real-time. Your students keep you
posted about their successes, and you can talk about their wins online as they are
happening.
Premium prices. You can charge a lot more money for a 12-week program with a
30-minute weekly call than you can for 12 individual 1-hr consultation calls.
Some people prefer in-person training. Yes, a lot of people still prefer in-person
training. For example, I’ve been offered only fitness coaching, but I always reject their
offerings because I like my personal trainer to help me lift.
Require good time management. With coaching, you’re still selling your time. So you’ll
have to plan ahead so that coaching doesn’t destroy your leisure time.
More risk. People expect more from you because they paid a premium price for your
coaching service.
Recommended Resources
His Business
Ethan is an Online Fitness Coaching – he helps men in their 30's and 40's get
leaner, stronger, and more confident.
The Challenge?
Ethan had three challenges he needed to face.
The Solution
Ethan joined my Breakthrough Coaching program. During the coaching, I
detected many opportunities to help him generate more sales.
The results?
After one month of coaching with me, he fixed his landing page, got an influx of
new leads through social media, and increased his closing rate, leading to a
600% increase in monthly sales.
There's a massive market for design templates, photo filters, Notion templates.
If it saves you time, it can also save time for other people.
Separate time from income. Like other types of digital products, you only need to
create the template once and sell it multiple times.
Easy to update. You can provide your buyers with new updates to make them happier
they bought your product.
No branding. People buy templates to modify them. And once they edit the templates,
most people won’t know you were the original creator.
Piracy. Get used to it because your templates will eventually get pirated.
Take, for example, @blackhatwizardd, who grew a Twitter audience and made
hundreds of thousands of dollars teaching cold email marketing.
He started promoting his sales coaching when he had 2,000 followers on Twitter.
How?
He proved to his small audience he knew about sales and then he launched his
coaching service.
Build lasting relationships. Having a personal brand opens new opportunities quickly.
People with similar interests will follow you and reach out to you.
People buy you. Not your product. I always tell my coaching students that people
don’t buy their products, services, or coaching. People buy them. Your audience buys
from you because they trust you.
You are who people say you are. Personal branding is a game of perception. So you
have to work hard to maintain a positive perception.
Living for the brand instead of living the moment. For example, taking photos and
shooting videos instead of savoring the moment. Every person who gets into building a
personal brand eventually runs into this issue.
There’s no business without you. Since people buy you and follow you, you can’t sell
your personal brand. Nevertheless, you can delegate some content creation to save
time while building new businesses by leveraging your personal brand.
Privacy concerns. If you build a massive online presence, people will recognize you in
public, and strangers will treat you like a long-lost friend, which could be uncomfortable
for most.
Instagram Growth & Monetization Blueprint by Unleashed Your Knowledge (affiliate link)
His Business
Leila is a relationship consultant who helps women find “the one.”
The Challenge?
Leila had two major challenges she needed to face.
The Solution
Leila joined my Breakthrough Coaching program. During the coaching, I detected
many opportunities to help her get more coaching clients.
The results?
After one month of coaching with me, Leila got her highest sales month ever,
bringing in over $14K in her first month. And much more during the following
ones.
Many people mess up their affiliate marketing efforts because they think they can
quickly become rich by promoting their Amazon Affiliate links or someone else's
courses.
But you’re built differently. So you’ll put in the work to maintain a high-quality.
While making a good amount of money with affiliate marketing is possible, bear in mind
that the best affiliate marketing experts play the long game.
And they do so because Affiliate Marketing consists of driving tons of traffic to someone
else's products.
Many affiliate programs pay you not only for the initial sale you make but also for future
purchases. These are the best affiliate programs you can get into. Legendary Marketer
has a couple of these programs.
Personally, I like the recurring revenue programs. For example, ConvertKit (aff lin), the
newsletter platform I use, pays me a 30% commission of the recurring payments they
get from people who joined using my link.
Minimal investment. Most affiliate programs are free to join. Most of the time and
money you’ll invest will be creating content to promote these products.
It’s a long-term strategy. Getting affiliate sales requires you to drive tons of traffic to
these products. Since you’re not the product creator, the number of people who
purchase it is usually lower than if you had been the creator.
High competition. People think affiliate marketing is easy. So they join, believing they’ll
become rich by selling other people’s stuff. For this reason, competition is high. So you’ll
have to battle for the clicks and traffic.
And don't be like some people who quit after seven days.
But no matter which way you choose, here's a 3 phase process on getting started.
Phase 1. Research
First, figure out who are the key players in the industry you choose.
You're going to want to emulate their process, not their success, because you can copy
methods but not results. Make a note of their systems and processes. And Discover the
patterns.
Second, travel back a couple of years to find out what they do to get where they are.
Work out a way to implement what you discover. See what they did so you have
someone you can aspire to reach.
Discover what it is that they actually want. People lie to themselves all the time. It's up
to you to sort the fact from the fiction.
>>> If you'd like to learn more about Market Research, read this Twitter thread
Visualize the ideal amount of money you want to generate. For this, download my
Income Planner for free.
And make a plan to get there. Start by mapping out the daily actions you have to take to
get to where you want to be.
Phase 3. Implement
It's time to take action.
I know you don't want to do it right now because things aren't "Perfect."
Here's the thing, they never will be perfect. There's no escaping this. Take a deep
breath and dive in.
If you want to tap into the digital economy, be willing to work for it.
See how you feel. And double down on the things that begin to drive positive results
and cut anything that doesn't serve you.
Au-contraire!
It is simple.
At first, you'll have to trade your time for income until, eventually, it flips.
Finally, if you liked Wifi Money 101, please give it a 5-star rating on Gumroad.