Coffee With Cole: The Digital Writing Podcast

Q&A On How to Make Your First $1 Online

71 snips

Aug 19, 2024

Learn firsthand strategies for making your first dollar online, focusing on identifying profitable writing niches and monetizing content. Discover how to effectively engage your audience by solving their problems and building lasting relationships. The discussion includes managing content creation amidst growing a digital business and insights on pivoting from ghostwriting to larger projects. Plus, hear personal anecdotes about early successes and lessons learned that can guide newcomers on their online journey.

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ADVICE

Monetization Strategy

Focus on building skills and habits before monetizing.
Identify what content resonates with your audience and double down on it.

ADVICE

Value of Time Investment

Embrace uncertainty as a signal of potential upside.
Initial time investment might have low ROI, but digital businesses can scale exponentially.

ADVICE

Finding Your First Client

Start ghostwriting in areas where you have an information advantage.
Initially, target your existing network for clients instead of broad niches.

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Q&A on how to make your first $1 online

In this episode, I answer common questions on how to make your first dollar online, drawing from my experience of selling over $10 million in digital products. I cover essential topics like how to identify profitable writing niches, effectively monetize your online content, and strategically build a digital business. Whether you're into ghostwriting, email marketing, or creating newsletters, this Q&A provides actionable advice for beginners on how to find your audience, solve their problems, and scale your earnings through writing and online ventures.

(00:00) Intro
(00:12) What’s the most realistic way to earn my first $1 online?
(05:21) Is it worth earning your first dollar online if it costs you more time than it’s worth?
(09:08) With no experience, who should I target for my first client?
(14:49) How does one manage to create content on social platforms while building all of the assets that support those offers?
(18:51) Is it wrong to choose a niche I’m interested in but have no experience in to make my first $1 online?
(21:36) When do you make the transition from running a ghostwriting agency to other big projects?
(26:55) How did you make your first dollar online?
(31:12) if you had to start again, what 3 things would you do differently to earn your first $1 online?
(34:23) The hardest thing to realize.

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📚 For more information on my books, businesses, and other writings, visit my website: https://www.nicolascole.com