Starting a full-time job can be fun but in an economic crunch, a time when everyone is desperately clinging to a low-paid job, this can soon lead to feeling bored and tired.
Just last year, I was also part of this race. I graduated in 2018, fast forward one year, COVID started and this was the time when I realized I was in for a roller-coaster ride.
To make matters worse, I was not as tech-savvy as people were expecting me to be. Now, I was stuck in a low-paying job just to retain the job. Moreover, I was unable to make ends meet and within three months, I ran out of my savings and landed in my parents’ basement.
Within the next 6 months, I worked on exploring every possible tech skill and eventually launched my first product. There is no doubt I worked hard for 6 months but after that, it was a smooth sale.
Now I see many people replicating the same strategy or they are working toward strategizing something similar.
If you are also tired of your 9-5 daily routine and still trying to make ends meet, it is high time for you to start learning something that can lead you toward financial freedom. Within this blog, I will help you look at one of the best and most promising ways of becoming financially free within a year.
Keep in mind that you do not have to be tech-savvy, instead, you just need to work on your browsing skills. A solid Google search can go a long way, especially with the help of a good internet like Xfinity. Xfinity is not just an internet; it can be a full entertainment package. You can enjoy seamless internet as a stand-alone or pair it up with Xfinity Bundle Deals for an enhanced entertainment experience.
Step By Step Guide To Financial Freedom In 2024
Start With a Niche
A good niche will go a long way but you need good skills to explore the options. One of the best ways to explore a good niche is to use SEO tools. Look for keywords that have good traffic and low difficulty.
In case you are facing difficulty, try to get into a micro niche. A good micro niche will help you focus on people who are interested in your niche and are willing to pay high.
Look For the Best Names in the Market
Now start exploring big names within your niche. There are always influencers and celebs within every niche who know a niche like the back of their hand. If you follow them regularly, you will be able to not just replicate their work pattern, but you will also be able to make the most out of your time because they are always on top of trends. For instance, follow Neil Patel if you are into SEO.
Look For Samples
Once you have followed the best names within the industry, look for their freebie work, their social media footprint, and their overall digital footprint. You will come across some of their best work and some samples that can eventually help you develop your product.
For instance, for SEO, you will get free SEO guides from the influencers that you can study and use eventually.
Work On Building a Product
Building a product is one of the most time-consuming steps because you will not be building just one product. Keep in mind that you need to work on a digital product that requires no manufacturing cost and little to no effort. A digital product will cut your overall cost to zero because anyone can pay you via the online payment method of your choice and download your product. A good digital product can be a tool, a guide, or an eBook to mention a few.
Optimize your product with variations
Now that you have developed at least three digital products within your niche, you can rank them based on value.
You need to keep the low-value but highly optimized digital product as a freebie. A freebie will help you gain attention from your audience; it can be a basic SEO calendar, any template, or just some basic trends that can help the user resolve and address their pain points.
Upload On Multiple Channels
Now that you have your digital product, you need to upload it on multiple platforms. Make sure to keep a copy of the original and make it customizable.
In case you have an SEO calendar, don’t share an editable calendar for everyone because this means if someone edits the original template. it will change it for all. Using open drive links like Google Drive is a big no-no.
Market It on Different Streams
Now, you can ready to market your product. Make sure to market your product everywhere based on your targeted audience.
Some of the good platforms where you can market your product include Instagram, Facebook, Pinterest, Twitter, and LinkedIn. A good strategy will easily help you earn more with maximum downloads.
Bottom Line
To sum it all up, financial freedom might seem like a farfetched dream right now but with the right planning and expectation, it can be possible within just 6 months. While there are so many untapped niches available in the market that can help you make money in your sleep, it is much better to look for a niche that is related to tech because as the technology improves, you will get more opportunities to optimize and improve your product and sell at a much better price.
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