He Built A $600,000 One Person Business (with video editing) | Starter Story
Starter Story
The Power of Productized Services
This chapter delves into the benefits of packaging skills into productized services to enhance profitability compared to hourly billing. It also covers the growth journey of a video editing business, focusing on remote team management, niche market establishment, audience targeting, and the significance of education for entrepreneurs.
He Built A $600,000 One Person Business (with video editing)
📚 Make Your First $1 (10x Faster) with Case Studies - https://www.starterstory.com/?utm_source=youtube&utm_campaign=scott&yts=true 📩 Business Ideas Newsletter (free) - https://www.starterstory.com/newsletter/?utm_source=youtube&utm_campaign=scott Here's how Scott went from freelance video editor to running a $50,000/month company in 1 year. 0:00 - Intro 0:27 - The business 0:47 - Type of clients he sells to 1:18 - What makes a valuable product 1:50 - Scott's early days 2:36 - Dropping out of college 3:17 - Building a resume 4:02 - How he started video editing 4:42 - Going from $50K/year to $50K/month 5:35 - How to turn your passion into a business 6:36 - Business Ideas 7:25 - The best business model 8:25 - Building a team 8:46 - Hiring overseas 9:17 - How to find good talent 9:41 - Costs + Techstack 10:47 - How to build an audience 11:17 - Advantages of a niche 11:56 - Advice for beginners 12:19 - Work setup 12:48 - Growing the biz to $50K/month 13:43 - Pivoting + Revenue in early days 14:14 - Finding clients 14:37 - Cold outreach + Cold email example 15:40 - Sales funnel (secret sauce) 16:27 - How to learn about business 17:24 - Daily routine 18:26 - Working on weekends 18:50 - Vacations as an entrepreneur 19:26 - Advice on passion Scott’s Socials 🐦 Twitter - https://twitter.com/scottcmillard 🎥 YouTube - https://www.youtube.com/@scottmillard Subscribe for weekly videos: https://www.youtube.com/@starterstory
Sharing ideas that make money!
Disclaimer: This podcast is published by a viewer using content from Starter Story's YouTube channel with the goal of making his valuable insights more accessible to those who prefer audio formats, helping more people discover and learn from the insights shared in his videos. It is not an official production of Starter Story. For any requests from Starter Story, please don't hesitate to get in touch.
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