🐦 20 Steps to Creating a $5M One-Person Business

With Zero Ads and Operating at a 92% Margin                                                                                                                                                                                                                                                                                                                                                                                                                 November 07, 2023 | [Read Online]( [fb]( [tw]( [in]( [email](mailto:?subject=Post%20from%20Leveling%20Up&body=20%20Steps%20to%20Creating%20a%20%245M%20One-Person%20Business%3A%20With%20Zero%20Ads%20and%20Operating%20at%20a%2092%25%20Margin%0A%0Ahttps%3A%2F%2Fnewsletter.levelingup.com%2Fp%2F20-steps-creating-5m-oneperson-business) Happy Tuesday, We’ve got 10 new posts to level up your business. First, we've got a guide on how to create a $5M one-person business. If you're dreaming of going solo, this is the read for you. We also dive into the secret behind Nvidia's meteoric stock price surge. This chipmaker is on fire, and we’ve found a post that explains why. Plus, eight other interesting pieces of content you’ll love. Enjoy and let us know what you think at the bottom! 💁‍♂️ 20 steps to creating a $5M one-person business [tw profile: Justin Welsh] Justin Welsh @thejustinwelsh [tw] Today, my little one-person business crossed $5M in revenue. That was my big goal when I started on August 1st, 2019. It took 1,548 days, I ran zero ads & operate at a 92% margin. Here are the 20 steps of my wild & strange journey: Hope they are helpful to someone ↓ Oct 30, 2023 4.59K Likes 342 Retweets 278 Replies 🤔 Is Google reading tweets to improve its algorithm? [tw profile: Google SearchLiaison] Google SearchLiaison @searchliaison [tw] Someone asked me this week for examples of how I bring the feedback people have outside Google back into Google. Good question. I've done this in the past. Here's a fresh one. After the discussions I've had over the past two weeks at an in-person event and online, I compiled a… twitter.com/i/web/status/1… Nov 3, 2023 398 Likes 75 Retweets 58 Replies Less than 65% of business owners use Conversion Rate Optimization (CRO) to improve their funnels Even though just a 1% increase in conversion rate can lead to a 10-20% increase in sales! What a missed opportunity. That’s why investing in CRO can skyrocket you over the competition. Now you can work with an expert CRO team. For a limited time, Single Grain is offering a free marketing plan to all new clients, including CRO opportunities. - They will analyze your site, your industry, and your competitors to show you the opportunities. - Then get a detailed execution plan for how they can achieve your goals If you want to supercharge your conversions, this [free offer]( is the quickest way to start. (Consider it an early black friday gift!) [Request Your Free Marketing Plan Here]( 🎯 The right way to think about business expenses [tw profile: ericosiu] ericosiu @ericosiu [tw] If you’re going to spend $5k on a business expense, you better be making at least 8x that. Why 8x? Assuming a 25% profit margin, that means you need to make $20k just to break even. But why break even? We want to profit. Go for 100%. So if you want to spend $5k, aim to make… twitter.com/i/web/status/1… Nov 4, 2023 25 Likes 2 Retweets 5 Replies 📈 The secret behind Nvidia’s 319% stock price surge [tw profile: MATT GRAY] MATT GRAY @matt_gray_ [tw] Nvidia is booming. • $1.138 trillion market cap • 319% stock price surge this year • $33 billion of revenue in the year till July Here's why: Nov 4, 2023 978 Likes 93 Retweets 39 Replies 💪 14 short habits that will improve your life [tw profile: Seek Wiser] Seek Wiser @SeekWiser_ [tw] 14 short habits that have a massive return on life... Nov 4, 2023 1.57K Likes 421 Retweets 10 Replies 🤌 Understanding Google’s 3 Pillars of Ranking [tw profile: Cyrus SEO] Cyrus SEO @CyrusShepard [tw] It here! The DOJ finally released "Life of a Click" - explaining how Google used clicks for ranking 3 Pillars of Ranking: • On-page • Links+Anchors • User-interaction 1/5 🧵 Nov 2, 2023 531 Likes 136 Retweets 16 Replies 🦹‍♀️ 9 AI tools that feel illegal to know [tw profile: Mind Wisdom Money🕊] Mind Wisdom Money🕊 @MindWisdomMoney [tw] 9 tools that feel illegal to know: Oct 31, 2023 2.35K Likes 651 Retweets 39 Replies 😏 A short guide on how NOT to become a starving artist [tw profile: DAN KOE] DAN KOE @thedankoe [tw] Do what you love but study psychology, marketing, and sales so you don’t become a starving artist. A quick thread on breaking free: Oct 31, 2023 7.86K Likes 1.05K Retweets 120 Replies 🤖 How to grow social accounts on autopilot [tw profile: Cody Schneider] Cody Schneider @codyschneiderxx [tw] how to grow social accounts on autopilot record conversations with friends who are smarter than you build ai powered content templates that write a week's worth of content based on transcripts schedule posts to all your channels Oct 31, 2023 169 Likes 8 Retweets 21 Replies 💲 Scaling a SaaS company to $1M bootstrapped [tw profile: Tibo] Tibo @tibo_maker [tw] In 2021, he quit his 8-year-long job to pursue his passion. He started four SaaS projects but they failed miserably. He didn't give up and now has scaled his SaaS business to $1M+ bootstrapped. The story of how Damon achieved what most indie hackers dream of🧵 Oct 31, 2023 526 Likes 33 Retweets 29 Replies How We Can Help That’s all for today! 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