Hello Tribe,
Welcome to another exciting edition of Moneymint! We're more than just a newsletter—we're a community of go-getters, dreamers, and doers.
Today, I’m sharing a business idea that you can use anywhere to make good money. Get ready—this could be your next big opportunity!
The Free Website Business That Can Earn You $100K+ Every Year!
I know what you're thinking: "Free" and "$100,000" don't usually go together. But trust me, this idea is already working wonders for many entrepreneurs! 💡
The source of the idea is a recent tweet from Moses Araujo, he shares:
Pick a large niche (gyms, restaurants, etc.)
Create 5 website templates for it
Reach out to potential clients
Offer a website with no upfront fee
Transfer their content or generate new with ChatGPT
Charge $150/month for maintenance
Secure 50 clients for a $100k/year business
Sounds easy, right? Well, it's not a cakewalk, but with some effort, you can make it happen! 💪
The best part? This business model can be replicated anywhere. Don't like the $150/month price tag? Charge $49 or $99 instead!
Now, you might be wondering, "Who would pay $150 for website maintenance?" 🤨
But here's the thing: Paul, a pricing genius, has the answer!
And get this: Google recently shut down over 20 MILLION Google Business Profile websites 😱
Example of the sites on Google Business profile:
That means millions of businesses are now without a website, creating a massive opportunity for you!
So, what are you waiting for?
Start building those website templates, reach out to potential clients, and watch your business grow!
This is your opportunity to make $100K/year.
But how do you find the right businesses to target? 🎯
It's simple: Pay people on Fiverr to scrape leads from Google Maps in your area.
Once you have your leads, it's time to start 📞 cold calling.
The key to success? Reach out to 100+ businesses daily.
The more you call, the faster you'll make money.
And the best part? You can scale your outreach process up or down depending on your bandwidth.
But don't just take my word for it.
Meet Paul Cox, the mastermind behind TheChurchCo.
Paul is raking in $42,000 per month by building websites for churches! 🤯
So, how can you replicate Paul's success? 🤔
It all starts with finding the right leads on Google Maps.
Hire Fiverr freelancers to scrape the data for you and watch your lead list grow.
Let's dive into Paul's winning business model:
$0 Setup Fee
1-year Contract
Plans starting at $29, $49, and $199 per month (billed yearly)
But how did Paul get started?
Buckle up, because this story is a wild ride!
Paul launched TheChurchCo back in 2017. 📅
It took him a grueling 22 months to hit $10,000 in monthly revenue.
But then, something incredible happened.
In just 5 short months, Paul scaled his revenue to a jaw-dropping $15,000 per month!
Fast forward to November 2020, and Paul dropped a bombshell on Indiehackers.
TheChurchCo had amassed 1,000 active customers and was generating a staggering $42,000 in monthly recurring revenue! 🙌
So, how did Paul achieve this incredible feat?🤔
Here is Paul’s journey in his own words:
2015
I started writing code as a hobby to help me with various client work.
2016
I took on a few free customers and kept improving the product. I worked on the platform for about 5 hours a month.
2017
I started taking payments in July and had half my customers quit the same day. We ended the year at $900 MRR. I was working roughly 10 hours a month on the product.
2018
I started to get involved in Facebook groups and helping people with website questions and this resulted in a lot of growth. We did around 150 customers that year. I was working 5-10 hours a week. We ended the year around $6000 MRR.
2019
The growth caught up to me. I was working 10-20 hours a week in addition to my regular day job. We did 338 customers this year. I rarely slept more than 5 hours a day and was always awake and working by 6:30 AM every day. We ended the year at around $19,000 MRR.
2020
I put in notice, quit my job and am full time as of this week. We've done 50 customers already this year and are growing rapidly. We are currently at $21,000 MRR and adding around $1500 a month.
I’m excited to announce that I’ll be hosting a free webinar to teach you how you can easily make $10,000 or ₹10 lakhs in a year—and continue earning this amount every year after just the first year of effort.
If you’re interested, please sign up, and you’ll receive the details on your email: https://forms.gle/E5Am4QcCFVzSJ2FA6
How to replicate this in your country?
Want to replicate Paul's success in your own country? It's easier than you think!
In fact, I'm already doing it in India.
The key to success? Target a specific niche. 🎯
For me, that niche is doctors who need a website and have the budget to pay for it.
Now, I know what you're thinking. "$99 or $149 per month? That won't fly in India!" 😅
And you're right. That's why I charge ₹10,000 for a full year of website services.
The result? My doctor clients are thrilled!
I currently have 5 clients, all from word of mouth referrals. 📣
One example of the websites I am currently offering to doctors (I know it's really basic):
And get this: I only did 1 week of outreach using the method I mentioned earlier.
But instead of outsourcing lead generation, I scraped Google Maps manually.
I called 10-15 numbers daily, and within a week, I landed my first client. 🎉
The secret weapon? A demo website that showcased exactly what doctors would get.
So far, I've made ₹50,000 from just 5 clients.
Imagine if I scaled this up to 100 doctors. That's a cool ₹10 lacs in revenue!
But since this isn't my main gig, I'm leaving it up to you to run with this idea and make some serious side income. 😎
If you found this newsletter informative and thought-provoking, why not forward it to someone you think would enjoy it?
Thank you for reading. See you in the next time.
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