So we all know this is a very upside-down time in our world, something
that we've never experienced in our lifetimes. And in today's video I want to
talk about a very important topic, and that is making money online during the
quarantine right now in 2020 and explaining how it is very, very possible
to make a six-figure and above income even right now during the pandemic. And I
want to emphasize that right now is the greatest time to start taking advantage
of people who are spending money online. So in this video we're going to go over
a few things and that is ideas for brick-and-mortar business to turn their
brick-and-mortar sales into online sales, and also for people looking to get their
online businesses started, we're gonna talk about that. And also the hottest
trends of making money online right now literally during the quarantine. What is
working right now, and what is not, so definitely stay tuned. So the first thing
I wanted to address is the misconception that people are not spending money right
now. Yes, it's true that we are kind of in the beginning of a recession and the
trends of the economy are generally going down right now,
however, that does not mean that people are not spending money and that people
won't continue to spend money. I mean, just think about things that you have bought
in the past week, was every single thing absolutely
necessary for your survival? Probably not, I know for me they weren't. I mean I
bought some beer and some Oreo cookies that aren't essential to my survival in
the quarantine, some can argue about the beer, but the point is there's still
people spending money on digital products, on coaching, on consulting, all
the things online that people still need and problems still need to be solved
right now, so don't be discouraged at all to create a business and to start
selling because there is a demand still, even during this time of the quarantine,
that people need your services. So the first thing that I wanted to address is
the brick-and-mortar businesses. There's tons of brick-and-mortar businesses
right now that are closed and that are in business and that are not pulling in
the revenue that they were before because their business was heavily human
interaction based. So I want to invite those business owners to really take a
look at what skills they have, right? And when I think of brick-and-mortar
businesses I think of a friend of mine who literally has four of them, right?
He's a promoter of a nightclub, he has a auto shop that installs
speakers in the cars, he owns a barber shop and he owns a food truck. My first
thought when I think about his example is "Oh my gosh, he's got all these skills
that I have no clue how to do," and so the prime opportunity right now during this
quarantine is to teach people what it is he does. So what skills does he have and
has he developed over the years from building those four businesses and how
can he create an offer from the skills he knows of building up those businesses
that people are going to buy right now? I mean, I can guarantee there's a ton of
people out there that want to learn how to build a barber shop and be a
really successful promoter of a nightclub, and so the best thing right
now is to do market research and explore what one of these skills are already
being sold on the Internet. So what I would do is I would go to Amazon and
just look up all the barber shop products and all the nightclub
products that are on there and figure out what digital products are already on
Amazon and also a website called udemy.com where there's a bunch of digital
products. And I would do research to figure out what people are already
selling, what's already proven to sell in the marketplace, and how you can model
after that product and create a product yourself. Because looking long term when
this quarantine and the pandemic is over, because it will be over,
(I hope!) because when this is all said and done, he's now going to have you know all
the income streams coming in from his businesses as he did before the
quarantine, but now he will have an additional income stream coming in
passively from the online products that he's created during this time. And so the
moral of the story is that having the transition from brick and mortar to
online businesses is that you're going to have to sell
different types of products and you're going to have to learn, probably, a couple
of different skill sets that you didn't know before, like how to create a digital
course or how to host more zoom calls with your team, because there's people
out there that still don't know how to host a virtual meeting, and that's okay!
It's really simple to learn how to host a virtual meeting and to start making
these different things in your business virtual. So let me give you guys an
example of a story I heard about a brick-and-mortar business owner who
owned a business that was about plays and acting, she has a studio where kids
can come and they learn how to act and sing and all this stuff and, obviously,
she lost her clientele and her business overnight because she had to
close down shop and people weren't able to go and continue to get
her monthly services. So what this business owner did, it was really cool,
she thought "Well what could I do to increase or create a different type of
product where I could bring in an income today?" When Easter came along she decided
"You know what? I'm going to dress up as the Easter Bunny and give out Easter
baskets to people that were in my studio and make it kind of a fun activity," so
she delivered these Easter baskets and voila she made $4,000 in one day. So it's
just about shifting your perspective right now and thinking "What other skills
can I offer and what other type of product I can create that is Quarantine
friendly?" And I would also suggest whatever other type of product or
service you're thinking about doing right now, don't just do it to have it be
a temporary thing during the quarantine, make it a product that is sustainable
and that you're going to actually want to scale and continue when the
quarantine is over, along with the other services you were offering in the
beginning. The next thing I wanted to talk about is a no-brainer offer. n=Now
this applies to business owners that already have a business and people
wanting to start online and create a product that they could sell. So the way
that I'd describe this no-brainer offer, let's say you already have a course or
are looking to develop a digital course and what you want to do during this time
is to continue to stack value to this offer. So continue to sell this product,
let's say you are selling it for $297, continue to sell this product but just
make it a no brainer offer. What I mean by that is
make it sexy, make it so irresistible that people are going to want to
continue to buy it, so maybe you can add some additional bonuses that you didn't
offer before, maybe you can make it a little bit more personalized and offer
some extra coaching sessions along with the product if they were to buy it, and
so you really want to stack the perceived value of this product so what
I mean by that is if you're selling a product for $297, you want to value it at
$5,000 or more so people understand what it is they're really getting because the
more and more people say "Yep, I need that, yep I need that, ooh yes I really, really,
really want that bonus on whatever it is," people are going to buy the product and
it's going to be a no-brainer for them. So during this time I advise that you
definitely continue to find a way to serve and to add even more value to what
you were doing before with the product you were selling. So here's some business
models that I have seen super trending online and here's one that I have not
talked about in literally years, and that is ecommerce. Something that is a really
cool business model that you could start right now, and it can be profitable now
and beyond the quarantine, is a print-on-demand store. This was actually
one of the first things I did online, I had a print-on-demand store where I was
selling custom shoes where I put my own design on the shoe and it would be
printed and they would go wear the shoe. And so this is a really great idea
because with the election coming up in the United States with Donald Trump
running again and with the quarantine, you could think of all types of creative
designs, logos, quotes, sayings, that are comical, that are entertaining, and that
are emotional and that people are going to want to wear. And so
what I mean by this is you can take advantage of what's going on right now
and make things relating to the quarantine and relating to the election
and other world events that are going on. For example, I'm positive someone is
going to have this, and doesn't mean that a bunch of people can't have it, but this
I know is going to go viral. People are going to create these print-on-demand
stores where they take these designs and they can print them on cups, on
laptop sleeves, on shirts, on shoes, on really anything, pillows, and
they're gonna have different jokes about the quarantine, like "I survived the
quarantine," and "blah blah blah blah blah like quarantine 2020," and now's the time
to really think about what you can do to take advantage of that with your
print-on-demand store. Think about all the memes we've seen on social media,
it's insane. When you go on Instagram, or Facebook, or
tik-tok, wherever, there's always somebody making a joke about the quarantine and
the coronavirus and this pandemic because we're all going through,
and everybody in the world is going to be able to relate to this, and it's funny
like I see a meme I'm like "haha" and then three seconds later I'm like "Damn... it's
true... we're all stuck in this quarantine," but it's gonna be something that we
survive together and if you have merchandise that relates to it it's
going to sell like wildfire. The other cool thing you can do right now, it's
still in the e-commerce world but that is to start an Etsy store and to create
different handmade products or different products that aren't
like print-on-demand, which I just mentioned, for example, one of my good friends she has a
store, an Etsy store, and she's making Bank on selling these face masks to her
audience. I think she made like $9,000 in one day just from
selling these custom face masks, and I was like "What? Seriously? Nine thousand
dollars?" and she's like "Yeah, we can't keep up with the demand and the
manufacturer is like really pumping out the material right now," but what she did
was she saw the opportunity to take these face masks and make them really
cute and sell them online because everywhere in the world right now people
need to wear a mask if they go outside to the grocery store, or
to the pharmacy, or wherever, she took the face mask idea and concept of it not
being too cute and pretty and made it really cute and pretty, so there's a huge
audience that is demanding that right now. So just think about something in the
e-commerce world of what you can do and sell online so if you've gotten some
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I've had to start from complete scratch three times and so I know what it's like
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