Want to make $1,000,000 in a year?
A tangible, step-by-step roadmap 👇
A tangible, step-by-step roadmap 👇
Quick PSA 🚨
This thread is going to be LONG but...
It's a simple breakdown of the LaunchOS.co framework that you can copy for your ideas.
It takes hard work but will change your life.
Save, study and share with friends.
Let's dive in ✅
This thread is going to be LONG but...
It's a simple breakdown of the LaunchOS.co framework that you can copy for your ideas.
It takes hard work but will change your life.
Save, study and share with friends.
Let's dive in ✅
First, you need to understand the math.
This isn't about making $1m in revenue/profit.
This is about EQUITY 💰
Here's how it works:
$15,000 Monthly Profit
x 12 Months
= $180,000 Annual Profit
x 5-6 exit multiple
= $1,000,000 Acquisition
Equity = Leverage 🔑
This isn't about making $1m in revenue/profit.
This is about EQUITY 💰
Here's how it works:
$15,000 Monthly Profit
x 12 Months
= $180,000 Annual Profit
x 5-6 exit multiple
= $1,000,000 Acquisition
Equity = Leverage 🔑
Next, let's talk about CUSTOMERS
Customers come first, ideas come after.
Ideal Customers: PROSUMERS 🔥
Examples:
👉 Shopify Owners
👉 Content Creators
👉 Agency Owners
They are highly motivated to succeed and willing to INVEST in their success.
Customers come first, ideas come after.
Ideal Customers: PROSUMERS 🔥
Examples:
👉 Shopify Owners
👉 Content Creators
👉 Agency Owners
They are highly motivated to succeed and willing to INVEST in their success.
Customers (Part 2)
At the CORE, prosumers want 2 things:
1. To Make More Money
2. To Get More Attention
They don't necessarily care about HOW.
They will spend money on tools & resources to turn their DREAMS into a REALITY.
🔥 UNDERSTAND THIS.
At the CORE, prosumers want 2 things:
1. To Make More Money
2. To Get More Attention
They don't necessarily care about HOW.
They will spend money on tools & resources to turn their DREAMS into a REALITY.
🔥 UNDERSTAND THIS.
Now, let's talk about your idea:
The priority here is to keep it SIMPLE.
One Problem 👉 One Solution
You don't have to build the next Facebook to make $1,000,000 ❌
Example:
Shopify owners struggle to find influencers to promote their brand.
Idea: creator discovery tool
The priority here is to keep it SIMPLE.
One Problem 👉 One Solution
You don't have to build the next Facebook to make $1,000,000 ❌
Example:
Shopify owners struggle to find influencers to promote their brand.
Idea: creator discovery tool
Ideas (Part 2)
Your primary goal is to understand the problem a group of people is experiencing & create a TOOL to help them achieve their desired outcome.
📍 Point A --> 📍 Point B.
Here's some more tips for finding ideas 👇
Your primary goal is to understand the problem a group of people is experiencing & create a TOOL to help them achieve their desired outcome.
📍 Point A --> 📍 Point B.
Here's some more tips for finding ideas 👇
Now it's time to build:
You are building a VEHICLE for value delivery.
Databases
Chrome Extensions
Dashboards
Automations
...you have options
Answer 1 question:
What's the simplest way to deliver value?
Here's a VEHICLE I built in 24 hours + $120👇
You are building a VEHICLE for value delivery.
Databases
Chrome Extensions
Dashboards
Automations
...you have options
Answer 1 question:
What's the simplest way to deliver value?
Here's a VEHICLE I built in 24 hours + $120👇
Now you have a product, it's time for some fun:
GROWTH 🚀
There are many ways to grow your business.
🔥 Twitter
🔥 Instagram
🔥 Cold Email
🔥 LinkedIn
🔥 TikTok
🔥 Reddit
🔥 Quora
🔥 Podcasts
and the list goes on....
But one strategy BEATS them all 👇
GROWTH 🚀
There are many ways to grow your business.
🔥 Cold Email
🔥 TikTok
🔥 Quora
🔥 Podcasts
and the list goes on....
But one strategy BEATS them all 👇
Prosumer's are my favorite market because you can use ONE strategy to scale FAST.
Facebook Ads
Your customers are CONSUMERS FIRST meaning you can target them on Facebook and Instagram.
Here's a full breakdown 👇
Facebook Ads
Your customers are CONSUMERS FIRST meaning you can target them on Facebook and Instagram.
Here's a full breakdown 👇
Growth is the lifeblood of your business.
And it's more than just acquiring new users.
It's about building a GROWTH SYSTEM that turns cold traffic into loyal customers.
Here's a deep dive into growth marketing 👇
And it's more than just acquiring new users.
It's about building a GROWTH SYSTEM that turns cold traffic into loyal customers.
Here's a deep dive into growth marketing 👇
Once you have solid growth you need to focus on RETENTION.
Keeping a customer is cheaper than acquiring a new one.
Lead with product value + good customer service
Whoever is going to buy your company wants to see that your customers stick around.
aka RETENTION MATTERS
Keeping a customer is cheaper than acquiring a new one.
Lead with product value + good customer service
Whoever is going to buy your company wants to see that your customers stick around.
aka RETENTION MATTERS
You can make $1,000,000 in 12 months with less than 500 active customers.
Let's review the math:
500 users x $40/month
= $20,000 Revenue
- $5,000 operating expenses
= $15,000/month profit
x 12 months
= $180,000 Annual Profit
x 5-6 exit multiple
= $1,000,000 Acquisition ✅
Let's review the math:
500 users x $40/month
= $20,000 Revenue
- $5,000 operating expenses
= $15,000/month profit
x 12 months
= $180,000 Annual Profit
x 5-6 exit multiple
= $1,000,000 Acquisition ✅
A Few Last Tips 🔥
1⃣ BENEFITS > FEATURES: Sell the WHY not the HOW
2⃣ Focus on customer problems and your offer, then build the solution
3⃣ White-Label ≠ Big Exit - you won't get the multiple when you try to sell
Just remember that unique ideas aren't always the BEST ideas
1⃣ BENEFITS > FEATURES: Sell the WHY not the HOW
2⃣ Focus on customer problems and your offer, then build the solution
3⃣ White-Label ≠ Big Exit - you won't get the multiple when you try to sell
Just remember that unique ideas aren't always the BEST ideas
BOOM ✅ get to work.
Have questions?
DM me 👉 @ImSamThompson
Want to launch a business?
Check out Launch OS 👇
launchos.co
Have questions?
DM me 👉 @ImSamThompson
Want to launch a business?
Check out Launch OS 👇
launchos.co
Want help building a valuable product?
Here are the best people to follow 👇
@SimonHoiberg
@jack_kruger_
@levelsio
@MarieMartens
@landforce
@barkerdestefano
@Patticus
@nils100km
@tibo_maker
@DsMatie
@plemasterr
@jspeiser
@gaganbiyani
@tdinh_me
Here are the best people to follow 👇
@SimonHoiberg
@jack_kruger_
@levelsio
@MarieMartens
@landforce
@barkerdestefano
@Patticus
@nils100km
@tibo_maker
@DsMatie
@plemasterr
@jspeiser
@gaganbiyani
@tdinh_me
Want help marketing your product?
Here are the best Twitter accounts 👇
@thePhilRivers
@heyalexfriedman
@MarketingMax
@JimmyFarley00
@houstongolden
@JamesonCamp
@amandanat
@thestevenmellor
@thebrianmoncada
@JunaeBrown
Here are the best Twitter accounts 👇
@thePhilRivers
@heyalexfriedman
@MarketingMax
@JimmyFarley00
@houstongolden
@JamesonCamp
@amandanat
@thestevenmellor
@thebrianmoncada
@JunaeBrown
Want help running/selling a business?
The best people to talk to 👇
@matt_gray_
@stephenolmon
@LeilaHormozi
@kelceylehrich
@jordan_ross_8F
@ConnorAbene
@agazdecki
@kellylions
@MrFourToEight
@Codie_Sanchez
@kmendes
@barrettjoneill
The best people to talk to 👇
@matt_gray_
@stephenolmon
@LeilaHormozi
@kelceylehrich
@jordan_ross_8F
@ConnorAbene
@agazdecki
@kellylions
@MrFourToEight
@Codie_Sanchez
@kmendes
@barrettjoneill
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