Cody Berman, co-founder of Gold City Ventures and co-host of The Financial Independence Podcast, dives into the world of digital products. He shares insights on identifying profitable product ideas and common mistakes to avoid in creation. Listeners will learn about effective platforms like Etsy and Shopify for sales, plus tips for leveraging SEO to maximize reach. Cody emphasizes the importance of starting small and building on success, providing a roadmap for turning ideas into a reliable source of passive income.
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volunteer_activism ADVICE
Defining Digital Products
Define what you mean by "digital product".
In this context, it means printables, PDFs, ebooks, not digital courses.
question_answer ANECDOTE
First Product Flop
Cody Berman's first digital product was a 21st birthday party drinking game printable.
It failed because 21-year-olds don't typically buy such things on Etsy.
volunteer_activism ADVICE
SEO Validation
Use keyword research tools like E-Rank and Everbee for Etsy or Ubersuggest and Google Trends in general.
Look for "unicorns": products with high search demand and low competition.
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In 'Two Weeks Notice,' Amy Porterfield provides a practical and inspiring blueprint for women to transition from corporate jobs to becoming their own bosses. The book offers a step-by-step process, grounded in research and Porterfield's real-life experiences, to help readers navigate the mindset shifts, strategies, and tools needed to build a successful online business. It covers topics such as choosing the right business model, avoiding common boss traps, creating a marketing plan, and setting up a business for financial and time freedom. The book is designed to empower readers to overcome fear, find their niche, and create a life of impact, time, and financial freedom.
The 4 Hour Workweek
Timothy Ferriss
In 'The 4-Hour Workweek', Timothy Ferriss presents a step-by-step guide to 'lifestyle design', encouraging readers to question the traditional notion of retirement and instead create a lifestyle that prioritizes freedom, adventure, and personal growth. The book teaches how to outsource life tasks, automate income, and eliminate unnecessary work using principles like the 80/20 rule and Parkinson’s Law. Ferriss shares his personal journey from a corporate workaholic to a location-independent entrepreneur and provides practical tips and case studies to help readers achieve similar results. The book emphasizes the importance of focusing on high-value activities, taking 'mini-retirements', and living life to the fullest in the present rather than deferring enjoyment until retirement.
Creating digital products that sell, generating major passive income, and building the online business of your dreams.
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