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Monetizing any Project Make $10,000 a month with minimal effort by Mind Map: Monetizing any Project  Make $10,000 a month  with minimal effort
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Monetizing any Project Make $10,000 a month with minimal effort

Process

STEP 1: Break down what content I want to create for project [ie.software, audio, video, PDF, manuals, etc]

STEP 2: Define the content development costs and time to complete each content type

STEP 3: Calculate total development costs and production time

STEP 4: Determine how many units I need to sell to recoup development costs

STEP 5: Prepare to test the concept to ensure it has the potential to generate $10,000 a month with minimal effort following the next steps

STEP 6: Do keyword research to discover the size of the potential customers and if I can compete with existing products

STEP 7: Calculate website conversion rate at 1-2%

STEP 8: Calculate estimated profit

STEP 9: Research the cost each time someone clicks on your PPC ad (Pay Per Click) to determine advertising cost

STEP 10: Calculate Advertising Cost

STEP 11: Calculate post advertising profit

STEP 12: Evaluate the ROI% of post advertising profit

STEP 13: Do the same calculations with another key term

STEP 14: Calculate ROI of each key term, add up all advertising costs and determine success of project before you even begin

FINALLY: Quit your day job and gain control of your life

Read

The book that taught me this process flow

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