Youtuber Iman Gadzhi Shares 7 Ways to Make $10,000 a Month in 2023
Updated: Sep 17
Making money is a top priority for many people, and in 2023, there are multiple ways to achieve the goal of making $10,000 a month. However, it is important to choose a business model that has a favorable risk to reward ratio. Iman suggests avoiding Drop Shipping as a business model, as it is a dying industry, and instead, considering Affiliate Marketing,
E-commerce, Online Consulting, Stock or Cryptocurrency Investing, Selling Digital Products, Freelancing, or Real Estate Investing as alternative options. So in a nutshell, here are the 7 ways to make $10,000… according to Iman.
Who is Iman Gadzhi?
Iman A 23-year-old millionaire who achieved financial success through his thriving online advertising agency. He also has a significant presence on YouTube with over 1.84 million subscribers. The focus of his channel is to teach others about generating income online and imparting life skills that support the development of young men.
Key Points:
Dropshipping
High ticket closer (sales representative)
Youtube channel
Online coaching
Affiliate marketing
Copywriting
Online marketing agency
Drop Shipping
Drop Shipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third-party supplier and has it shipped directly to the customer. In 2023, Drop Shipping can still be a viable business model, but it's important to choose a product with high demand and good margins. Also, timing is crucial, as you need to have the right product at the right time to maximize sales.
High Ticket Closer
Being a natural salesperson and making it a full-time career can be lucrative. Many companies, such as solar companies, agencies, and software companies, are in need of salespeople and some sales reps are making $10,000 a month by speaking and selling to their enterprise clients. Sales skills are valuable for life and can be done from anywhere in the world.
YouTube
Creating a YouTube channel with good strategy and content can bring a monthly income of $10,000 or more. Making engaging content with good titles and thumbnails is key to keeping the audience interested and generating a good income from AdSense. Some people are even making hundreds of thousands of dollars a month on YouTube.
Online Coaching
Leveraging your unique skills and knowledge can be a way to make $10,000 a month through online coaching. People who have spent years studying a specific topic, such as gut health or smart home systems, can help others by coaching them online.
Affiliate Marketing
Almost every company has an affiliate marketing program, and the best offers are for software products. The speaker suggests using blogs or videos to promote affiliate offers and earn a good income.
Copywriting
Selling to many people through written words, such as email marketing or copywriting, can easily bring in an extra $20,000 a month.
Marketing Agency
Another way to make money online is to start a marketing agency, offering digital marketing services such as SEO, PPC, social media, and email marketing to clients. With a strong understanding of the industry and an ability to drive results for clients, a marketing agency can generate a substantial income and provide a valuable service in the digital age.
In conclusion, there are several business models to consider for making $10,000 a month in 2023. Iman suggests focusing on getting clients, using the best talent by outsourcing in different countries, and aiming for a high income.