The Really Rich Podcast with Nicholas Crown
How to Make $10,000 per month (with no money)
Sep 25, 2023
Learn how to make $10,000 per month with no money by leveraging technology and your unique offering. Discover strategies for scaling up your business, hiring junior talent, and building virtual teams. Explore the factors that drive business growth and the importance of setting the right pricing strategy for success.
20:38
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Quick takeaways
- Technology and software have made it easier for tech-savvy entrepreneurs to achieve financial success without significant capital investments.
- A three-step framework for building a successful business includes deciding on a path, starting a business, and scaling up while focusing on key financial levers.
Deep dives
Earning over $100,000 a year is more attainable than most people think
According to a research survey, 18% of individual Americans and 34% of US households make over $100,000 a year. This is higher than it may seem at first because it doesn't account for factors such as retired individuals, young people, incarcerated individuals, and those not actively seeking higher income. There are two distinct groups of high earners: highly educated professionals (e.g., lawyers, doctors) and tech-savvy entrepreneurs. The latter group, which includes solo-preneurs and small business owners, can achieve financial success using technology and software.
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