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10 Ways to make (about) $1,000,000 in a calendar year

Interesting exercise, thanks!

Some of these are based on revenue rather than profit, but they can be adjusted accordingly.

10 Ways to make (about) $1,000,000 in a calendar year
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    1. Run a newsletter with 10,000 premium subscribers

    10,000 x $10 per month = $1,200,000 minus fees.

    2. Run a newsletter generating $30,000/month and sell it

    3. Same as above with an e-commerce store

    4. 4 products at $30 each, 25 sales a day

    This comes from Ryan Moran (I'm not an affiliate).

    5. Run an agency with 20 clients each paying $5000 / month ($1,2M / year)

    Or 50 clients paying $2000 / month.

    10 clients paying $10000 / month? I'm sure some types of businesses can pull that off. What sort of business could charge this sort of money?

    6. Sell 100 copies of a $10,000 course to corporate clients

    7. Self-publish a ton of $3 books on Amazon to the point where there are 10 books selling 150 copies per day

    Or 100 books selling 15 copies per day, why not.

    On a $3 book, I think you keep $2. That would be $3000 per day.

    8. Teach workshops around the world

    Charge $500 per person for a one or two-day workshop. It could be for 10, 20, or maybe even 30 people. Do it every few days. Let's say you only do one week-end per week, you'd need 50 participants to make $25,000 per week, therefore $100,000 per month. Ambitious, but it gets easier if you do it more than once a week. Still hard to pull off, since you need to spread the word and have enough people willing to pay for it, and of course you need a valuable expertise (and is it the kind of expertise that people will pay $500 for? or $5?), but you can also record everything and turn it into an online course, which could in theory be sold to tons of people every day. Additionally, there could be other ways to benefit from the workshop tour, such as getting new leads.

    9. Build an online community with a premium membership

    10,000 people subscribing for $10 / month, or 1000 people subscribing for $100 / month if you offer something of really high value. I guess that would be one of those masterminds, or a community related to investing and whatnot, I don't know. Or something related to sex, of course.

    10. Get 150 tourists per day to pay $20 for something that will make their stay better

    Collaborate with hostels, hotels, tourist offices and other organizations to be your affiliates. If it's a product rather than a service, this might be achievable by doing it in a bunch of different cities.

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