Step by step how i made $16.4M so you can just copy me | Summary and Q&A

247.0K views
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January 20, 1970
by
William Brown
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Step by step how i made $16.4M so you can just copy me

TL;DR

In this video, Will shares his step-by-step journey of building a $16.4 million online education company and offers insights and lessons for viewers to apply to their own ventures.

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Key Insights

  • ๐Ÿ’— Learning from mentors and investing in education can be crucial to overcoming obstacles and growing a successful business.
  • ๐Ÿฅบ Continuously improving and expanding products based on customer feedback can lead to increased sales and customer satisfaction.
  • ๐Ÿคจ Scaling a business requires strategic hiring, raising prices, and exploring new marketing channels.
  • ๐Ÿ‘ป Selling a successful company can be a milestone achievement and allow for new ventures and opportunities.

Transcript

hey guys it's will and in this video I want to tell you step by step how I made 16.4 million through my online education company uh so that you can copy me and do the same or or at least very similar to to what I've done I'm sure that you're not going to do exactly the same because that would that would probably be pretty impossible but I'm just go... Read More

Questions & Answers

Q: How did Will initially monetize his online education company?

Will started by offering a word document with trading tips and insights for a nominal fee. As more customers requested additional features, he gradually improved and expanded the product, raising the price along the way.

Q: What marketing strategies did Will use to grow his company?

Will utilized Twitter and YouTube to share his expertise, build a following, and connect with potential customers. He later implemented YouTube ads and sales call funnels to drive further growth.

Q: How did Will scale his company and increase profitability?

Will continuously scaled his company by hiring a team, raising prices, and expanding his product offerings. He also invested in mentorship and education to learn new strategies and optimize his business operations.

Q: What led Will to sell his company?

Will decided to sell his company to a private equity firm as it reached its peak profitability and he wanted to pursue new opportunities. He also realized the importance of being constantly open to learning from others and constantly improving.

Summary & Key Takeaways

  • Will started his online education company with just an idea and $7-8k in capital, growing it from a word document to a comprehensive program over the course of several years.

  • He leveraged social media platforms like Twitter and YouTube to market and sell his program, continuously improving and raising the price as he received feedback from customers.

  • Will later transitioned from a webinar model to a sales call funnel, further scaling and increasing profitability, eventually selling the company for multi-seven figures to a private equity firm.

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