3 types of products that I sell through
3) workshops & courses
This income doesn’t include ad income from Youtube/blogs, affiliate marketing, PLR products or sponsorships.
It’s also important to note that not all of this revenue is profit.
We operate on around 40-50% profit margins after paying me, my contractors and other business expenses.
You can definitely run a digital business on even higher profit margins than these but I love investing in growth and my team so I’m quite happy with where we’re at right now.
Would this look different by the end of 2023? I’m sure it will but had I not kept going for years before I could make a full-time income, I would never have reached this point.
So hang in there, one step after another. The only way you lose is if you quit.
P.S. Wanna learn how to build a profitable digital product business? Head to the free training linked in my bio.
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