How to Run an Online Business for Fun and Profit – The Money is in the Work

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any what’s going on this is Glendon camera and founder of hustlers kungfu all about making that money without a job now today we’re going to talk about a very unpopular but necessary topic the work that goes into starting an online business first of all your money is going to be in your research that’s where it’s going to be and many people want to do it I look at my questions in the comments on the live streams I look at all the questions are predicated on how to i get to this point without doing the work that’s usually the snot all the questions but usually that is the point of how do i get there without working so hard and the reality is you don’t you just don’t now part of making money online is then there’s 100 ways to make money online there’s a ton of ways to make money online but people are trying to jump through very narrow or crowded channels all the time and i’m going to show you something let me do a little google here real quick it’s nothing that all right let me find it all right let’s come out all that air already this is uh let me see is this moving kind of slow yeah it’s been kind of slow I shall not i will get rid of some of these things in a minute let’s see all right just give me a second all right so get with the screenshare here and all right just go ahead and look at that this is uh a lot of people talk about all kinds of stuff like is this website mind-blowing no seriously just look at it now I want you this whole website is predicated two sheets pillowcases that’s all that it does sheets and pillowcases right that’s it and I’m going to show you some in a minute once I get it to get let’s see I want you to guess how much traffic this website that only sell sheets nothing sec well now depending upon if you’re a person that likes a comfortable home nice sheets could be pretty sexy to you just really depends this is going to cater mostly the women now just guess how much traffic is very unsexy website is putting out the sheets done special right two sheets let me jump this in here so we’ll come out and we’ll just show you million hits a month now let’s talk about this because I get all kind of people like oh you know Glendon this and add miss and I need to spend X amount of money from my website and then no need to do this and I need to do that and I need to crowler suffer the the website is bully I mean when I said it’s not like gorgeous now understand it’s highly functional and highly they’ve done a lot of things to it and it wasn’t a cheap website the bill but from the terms of looks and feel it’s okay but taking the million views a month selling sheets and going up and understand I guarantee you these are targeted views will go down here a little bit and look at this thirty-eight percent comes from search not a lot on the email side thirty percent from search direct look at their traffic so and they’re making a lot of money online seventy eight figures if not more so when we talk about doing businesses online a lot of y’all have got let the sexy go that it needs to be hot it needs to be trendy I’m showing you the numbers here million hits a month for sheets and pillowcases alright that’s how i’m going to start this off a little cranky because i get all these people who don’t have an online business who want to tell me how online businesses should run they don’t work that way so let me get that all right let me give it a chat room it’s a rainy day in georgia was the benjamin with subsidies what’s up elder waiting on her last three more money that’s funny what’s up Pauline Oh Jay Louise you didn’t answer that question what’s up virtual input what’s up Rose what’s up mangoes what’s going on douglas jones thanks as always you’re a great gift to humanity that’s squishing it Robert thanks for all the videos appreciate it running part type of service business and work 60 hours a week full-time service job and any books insights you recommend 0 service base with online tions go to my video how to start a service business that should lead you in the right direction what’s up benjamin yeah yeah this yeah see that’s the thing people need sheets and pillowcases yes at least that’s the thing a lot of people are milling needs internet businesses on unsustainable business models or trying to be trendy or trying to be slick or trying to make that money with all that knowledge you know and they’re missing the boat because that websites going to continue to make money year after year after year after year after year because the chili says people need sheets some of the most profitable businesses in the world are boring they’re not you know internet hot they’re not super sexy they’re just they just make money year after year they just make money so reframe your thought now one of the things that you have to do is start becoming a research junkie or an information junkie that that’s going to be a really big part of your success you’re just going to need it because uh it is this it’s a lot of people when I’m going to say this because this is one of the ability to not be an associate a bunch of people a lot of people online a full of and with that full of component you have many people who are just straight up lying in your ass I just caught with it they just straight lining your ass or they don’t know what they don’t know or they have business models that will not last much longer than the next algorithm change or whatever Google or YouTube or Facebook does but when you go ahead and create serve needs that serve people they have the rare ability to stay around for years and years and years all right excuse me I’m going to show you something else just hold on a second let me uh get in here and let’s see let’s do a little math all right some stuff bad um let’s see let’s go here I’m looking for it that’s some ads I’m holding on all right so we’re going to go to now the one I did the sheets I didn’t know how much traffic I knew it would be over half of me and hits a month I figured it’d be that so it’s trending because it is the holidays and people are looking for gifts and getting those homes ready for the holidays and Grandma and Grandpa and john-boy mariela all of those folks are coming over I got them having some nice sheets so the owner or the host will not be embarrassed with some less than desirable sheets ok so let’s see what we’re working with here ok hips same thing all right so all right we’re gonna do this I’m gonna show it to you all right how many hits it’s this bad boy getting perm up just take a wild guess now all they sell our steak knives and knife kits and other things just steak knives now with a little understanding that steak now I’ll see well kitchen tools cookware anyone heard of electors selectors still exists let’s see this used to be a store no I don’t like those kitchen it’s all a soul looks tougher your kitchen um kitchen & Company okay I guess they were bought out but we’ll go back here how many hits are they getting just go ahead and put that in the comments and I will pop out and see what we will we have here let’s see let’s come in here what’s up Jer oh what’s up Tyrone bungee jumping learn from all aquatic mr. safety forever bungee jumping learn from under qualified can be dangerous if your pet 320 half million Restaurant supplier maybe three million same as the other site let’s get back in here and nope this one is I don’t know how old it is but it’s um let’s get in here present everyone and write this site is doing I don’t know how old it is but 85 then the peaks here 180 when you see all these peaks and valleys this is paid traffic this is not a natural organic reach curve so boom something happen there it went up again and went down they went up so I’m thinking they did promotions to do a lot of paid traffic you can learn a lot by looking at a website analytics or you know this is estimated it’s not a hundred percent they’ve got the true analytics but I guarantee you it’s not that far off all right this used to be Lecter’s I don’t know what this is going to be a see let’s come out there I will look and see what they’re cooking with I’m a show you may not but the point I’m trying to illustrate here is a lot of stuff that you don’t really think is hot yeah that I don’t know if this is new because they’re really not doing that well online they only getting like 50 35,000 hits a month but these are this is probably targeted traffic also I don’t know how old this is and this is let’s see this could be some money working from home they’ve got the let’s see they’ve got the UH Instagram going hmm I think this is somebody working from home yep that’s what I think because they’re really not doing oh let me let me look at this again do they have stores I don’t see any stores stores and cleaning so yeah this could literally be someone working at home and if it’s starting the traffic that can be a pretty penny so let’s come out of there come out of there come out of there get back in here only at the it’s websites look similar to godaddy template online stores oh okay the stores and the look of the website is really radically different from the hosting so that those two different animals i would say certain template certain things may look similar because they’ve been proven to work because i’ll tell you I cheat all the time if I’ll see the apple or I’ll see that Sears or target they’re doing something or they have their website set up a certain way I’ll just borrow it and it’ll works because they’ve got all of these resources and these huge departments to work on this stuff and it’s just a two-person operation so I don’t have those resources but I can I’ve cheated now this doesn’t always work because sometimes you’re cheating you all know what’s on the back end and it won’t work at all because you’re not doing what they’re doing on the back end so just put that out there well yeah is paid traffic definitely Benjamin paid traffic pay trevor has those spikes so let’s get into the strategy before you build your business because I see a lot of info lot of emphasis on the tools website get response email clients with little [Music] action on the audience because no sheets I know that blue some of y’all’s minds but I wasn’t surprised I didn’t know before I click on it but I knew how many sheets I sold when I had to thrift store couldn’t keep him you will literally get some lady would come in and shoot see like 30 sheets and they were like a dollar piece she grabbed all of them then I started going to the store and seeing that you know certain kinds of sheets $200 um you know and that it just it was crazy so we never put the sheets on the ebay even if they were named for him because usually there was an issue and will sustain there was a rip that was a cut or it wasn’t complete he was just too much work but I know that we let some really nice stuff go out the door for a dollar but they saved us money there’s some less things that we had to deal with but i can tell you homegoods i can tell you matter of fact like anything that is that has a huge market like diapers there was a website call diapers.com let’s see I used to know this off the top of my head how many babies are born a year in the United States okay that’s worldwide that’s not the United States let’s see in the US it’s funny it seems to have everything else but us first okay so here’s a huge market for you in the united states of america and i’ll show it to you so you don’t think I’m making this up this is the kind of stuff that you have to do the build your business you have to do this kind of painstaking research looking for stuff all right there’s almost 4 million babies born per year in America so that’s 300,000 new kiddos every month now let’s look at the life cycle of diapers so let’s just do math on this if my calculator will do what it needs to do we’ll come in and we’ll go all right 300 let’s say 330 yeah you know it’s pretty interesting that’s pretty interesting because there’s another stat I do know and this this this actually correlates lift that stat very well and they’re in the same place every month for United States 330 million not 330,000 people reach the age of 18 and become legal adults where they can enter into contracts and do stuff so this this is really interesting i should have just guess because i think i’ve been right so it’s 330 kids kiddos every month let’s see this is time so it sounds 12 so if okay four million a year kids stay in diapers let’s see 3 get 3 90 and let’s c plus fifty percent I’m skewing down that you get your kid out diaper so like 15 months but some of them going diapers like two years or more but we’re gonna say right so that’s five million as i’m going to six million times let’s say ten bucks so that’s like 60 million dollars per month in the diaper market so it’s a billion-dollar business selling diapers diapers diapers I’m saying you see this is the thing that’s where the money comes in diapers yeah Benjamin doing the box yeah we didn’t get a lot you know if it was new the Box we were solely but while this stuff was just thrown in there Flint food diapers waters hello I mean diverse because everybody’s trying to do a mastermind or trying to do some of this stuff online and one of the things that gets in there is you know I’ll just leave that up there is people are not looking now we’ll go the Amazon I’m going to actually show you this one let’s just go tell it to em I’ll show it to you get a little tea cuz it’s raining out there but let’s see I’m going to show you some diapers I come ex-exactly box yeah here we go mmm let me now this is why amazon bought them because diapers.com owned at that time the complete online thought they were the Amazon doc they were the Amazon like com of diapers and that’s why I amazon bottom because Amazon was building their own thing now just a little history lover they just talk about now you know for our um some heads how Jeff Bezos crush diapers.com so Amazon can buy diapers calm let me just put this in here amazon is a beast I have respect to their business hustle but the thing is if Amazon is going to do this to a big company why wouldn’t they do it to you what they got you know only reason they’re not gonna touch you is you’re not on their radar are you mentioning on their radar locked load it target acquired boom that’s what’s going to happen now excuse me Jeff Bezos is ruthless I am NOT shocked okay now here’s some more history level to you everybody knows that jet calm was fought right I walmart right but what some people don’t know is the guy who founded gedcom was the same guy who founded diapers.com and I think this was his revenge on Bezos he built another company that I think he knew would be acquired by bigger company than amazon and once again you know i put this out there and people like oh no no no Walmart sales walmart or marks let’s see no cells I’m just report cells 2015 1.6 trillion I believe haha yeah trillion Walmart is the biggest company by sales in the world in the world in the world in already did the video where I was showing that in terms of international rank cuz when you talk about companies today you have to go international because so many people are related amazon is like two or three mean amazon is 444 and Walmart’s like to one or two is this Chinese company that was ahead of Walmart but Walmarts in the top ten in amazon’s like 444 so that’s four hundred companies to have more money than Amazon now that’s problematic because money you know will take over so let’s see don’t want to stop the broadcast we just want to get out of there but yeah that’s how that went down diapers I know people just like bugging out right Jer because you take this business model and build an Amazon website based on particular pitch in the exam rolling now technology man it happens lip readers please y’all are hilarious really y’all are but that’s the thing you have to look at those things and you know we’ll go back to something else let’s say listen another market that people don’t really think about order I’m not going to get into the whole thing with the Holy with everything but water is really a big thing really really a big thing oh I’m late for work dessel arias well you know batteries dying they happen and that’s something else I’m gonna do this whole thing because I get people talking to asking about the camera and stuff and everything probably next year I’ll do a whole series on this because it’s Facebook makes this easier way easier than YouTube but YouTube to me has a hot what I call extended reach you’ll have this this thing going on right now right then later on I’ll get thousands and thousands more views it’s like Facebook is like this BAM you get a whole bunch of use but youtube is like this you could get a whole bunch of use but you’ll get views they have today mouth after muffs oh excuse me you know we’re talking about online businesses here one of the appeals to certain kind of business models is you can make a kind of money really really quick and you don’t have to do that much work but the reality is if you’re going to be successful in any business you’re going to have to do a lot of work and that’s what the whole thing is that that’s what this whole things about doing your research looking at marketplaces versus tactics platforms because just audience the audience runs everything the audience is going to be what will make you success with our audience would be what will make you unsuccessful it’s all going to be predicated on the audience that’s what it’s going to be so we got in here so that was just a short one I’m not going to be here too long today I’d like to do just put this out here to just see you know what would 1030 do because that’s when we you know I’m play around with the time because a lot of people want me to do like a dedicated time but I need to figure out what’s going to be the time that the most people will show up so we will see all right so I just want to say thanks to everybody showed up today be sure to subscribe like and share this video