The Growth Booth

BETA Results: Students Making Money In UNDER 24 Hours!? | The Growth Booth #53

January 10, 2023 Aidan Booth Season 1 Episode 53
The Growth Booth
BETA Results: Students Making Money In UNDER 24 Hours!? | The Growth Booth #53
Show Notes Transcript

Is it possible to make money in UNDER 24 hours?!

Welcome to the 53rd episode of The Growth Booth Podcast, a show focused on supporting budding entrepreneurs and established business owners alike, towards achieving lifestyle freedom through building successful online businesses.

This week, Aidan shares a series of interviews he’s done with several pilot program testers of his brand new training program, 123 Profit. Listen in to see how these beta testers were able to generate up to $500 per day, using a simple, no-fuss, set-and-forget business model.

Whether you're looking for step-by-step strategies to start building an online business, simple game plans to grow your business, or proven lifestyle freedom frameworks, you’re in the right place.

Stay tuned and be sure to join the thousands of listeners already in growth mode!


Timestamps:

00:00 Intro

01:25 What is 123Profit?

04:09 Beta Testers: Their Progress So Far

06:57 How Fast Before The First Sales?

10:30 How Does It Operate?

25:00 The Program Team

28:37 Why Should People Try This?

30:41 Outro


Links and Resources Mentioned:


About Our Host:

Aidan Booth is passionate about lifestyle freedom and has focused on building online businesses to achieve this since 2005. From affiliate marketing to eCommerce, small business marketing to SAAS (software as a service), online education to speaking at seminars, the journey has been a rollercoaster ride with plenty of thrills along the way. Aidan is proud to have helped thousands of entrepreneurs earn their first dollar online, and coached many people to build million-dollar businesses. Aidan and his business partner (Steven Clayton) are the #1 ranked vendors on Clickbank.com, and sell their products in over 100 countries globally, as well as in 20,000+ stores across the USA, to generate 8-figures annually.

Away from the online world, Aidan is a proud Dad of two young kids, an avid investor, a swimming enthusiast, and a nomadic traveler.

 

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Welcome to The Growth Booth episode number 53. This is the second episode of 2023, and I'm doing something a little bit different today because what I wanted to share with you is a series of interviews that I've been giving recently to people who were involved in a pilot program for my brand new info product called 123Profit. Now, 123Profit is about how you can get yourself making money in a very short space of time without needing to sell a single thing. And because of this, we have astronomically high conversion rates in the 30%, 40%, and 50%. 

So another way of looking at that is three or four or five out of every ten people that come to your website end up making you money. And we're not just talking about a few dollars here either. We're talking about large amounts of money. And it really puts it in a whole new league and allows everyday people to earn money online unlike they've ever been able to do before. So to really put the method to the test and to see how it would go when we rolled it out to more people, what we did was we invited a small group of people to work with us in what we call our pilot program. 

And you can think of this as a form of beta testing. And what the people in our pilot program were able to do was to sort of watch this whole journey unfold for themselves. And the results have been absolutely mind-boggling. We took people from different areas of life, different corners of the globe, and they've all gone through absolutely every single one of them has come through this pilot program and ended up with a website that's making them not just $100 a day, but multiple hundreds, like $300, $400, $500 in a single day. And these are results that we've been able to achieve in a very short space of time. In fact, as you'll hear when you're listening through this compilation that I've put together here for you today, most of these people were able to get results incredibly quickly, even in a matter of hours of turning this sort of magical process on. 

So that's what I've got for you today. And if you want to find out more about this, then I urge you to head over to 123profit.com. This is a very limited opportunity to find out more about this. This is something that I only do for like a one-week period at the start of each year. And this is the very first time that we've given away any information or any training on what we call a 123Profit method, even though it's something that we've been doing and earning millions from since 2006. So enjoy the content today. I hope you get some good value out of it and learn more about what we're doing here, and then make sure you head over to 123profit.com to find out even more information. So, with that said, we're going to start diving into this compilation of interviews that I put together for you. Enjoy it. 

 

 

Aidan [to Chris]

Can you share anything about where you're at and what you've been able to see with your website so far? 

 

Chris

Sure - it's actually really exciting because it's been a great run and the growth is accelerating. So I'm already over $5,000 earned. And I was just looking at some of the stats here before we got on the phone. And the best day is $481.This week is up more than 25% over just a week ago. And my month-to-month because we've only been doing this about 60 days to 70 days since the very beginning and running ads for about 60 - and yeah, I'm up more than three times month over month. So that's all super exciting. The other thing is I'm just running literally one keyword. This is all off on one keyword. And even in my niche, there are many more. And you know just in the nature of the beta program as we were running it just running a single keyword. So I'm super excited to see if it'll scale both. I can run more on the ad front, but it also scales by just adding more keywords that just the same way I did the first of your head, roughly speaking.

 

Aidan

What’s been, maybe your best day so far, for example? 

 

Dom

Sure, remember, it's only been a short time. And we've had a day, we've had $500 days of revenue. 

 

Aidan

Yeah. 

 

Kerry

So that's pretty exciting. 

 

 

 

Aidan

Yeah. For sure! Would you say that you've been surprised by the progress you've made or did you kind of expect that you'd be where you are now? Thoughts about that?

 

Noel

No, the progress has been quicker than I probably could have imagined, if I'm totally honest. I didn't know what to expect, but from my previous work with Amazon, that was a very slow build and maybe you didn't see any results at all for quite some time. Whereas this really, after just a short space of time, or it seems like a short space of time - of a number of weeks- you start to get results very quickly. And when I made results, I mean revenue, and certainly, as you've said earlier, about 10 weeks now, we've been working together, and even though you've had some holiday periods in there with Thanksgiving and stuff in the States and we've had to pause things, those results have kept happening. Again, the revenue is, I think, just over $7,000 in that time which is, which is quite amazing. And that’s the space of time that you can generate, and we're starting. 

 

Aidan

Where are you so far? What's that journey been like? Maybe you could share a little bit about your numbers to give people some context here, and then we can dive into some more of the details of the model. 

 

Vaughn

Yeah, for sure. Look its only early days, like you said it's only been a few months. So, I feel like things are just really getting started, to be honest. And look, my largest day so far would be just over the $400 mark, which is really good. I think from the start, we're pretty close to around $8,000 in revenue. So just short of $8,000 in sales, which is really exciting there. As I said, it's only early days. 

 

Aidan

I think we've been going around for about 10 weeks since your website kicked off and the first few weeks were very much about just giving you some background information about the model. So we've probably had, I would say traffic coming in around about seven weeks, something like that. So to be at $7,000 and your first sort of seven weeks of actually turning traffic and having hit $400 - is that $400 US or 400 Australian dollars? 

 

 

Vaughn

No, that's U.S. $400 US dollars. Yeah, that’s right.

 

Aidan

Do you remember how long it took you to see your first conversion or to make your first money using the system? So from when you started from the moment you turn on the traffic. Let's say how long from then did it take you to say “oh, I've got my first sale” or “my first commission” I should say?

 

Vaughn

It was almost instant. Yeah, as soon as you turn the traffic on, it was that day from memory. 

 

Aidan

Same day?

 

Vaughn

Yeah, it was quick. It doesn't take long at all to do that. 

 

Chris C

So, the biggest revenue day has been just over $500. In just a short amount of time it's done, done fantastically, really. 

 

Aidan

Yeah, that's awesome. And I think what we typically see is a gradual increase in the way that we run this so you know, if you're hitting your largest revenue days of $500 now, then I would expect in the next month or so that hopefully, you'll be able to be up above $1,000. And not just increase the revenue but increase the profitability as well because a lot of what we end up doing leverages what we call the back end which we're not paying for any traffic in that case at all. Do you think that you would sort of hit a limit with how much money you could make in one niche Take, for example, you know, we're not going to reveal your niche here, but do you think that you're going to quickly hit a ceiling on how much money you could make from there? 

 

Jack

I don't think so, no. It depends on how much you think the more you put in, then the more you get out of it. So, it's like you can kind of choose your cat pretty much. And that's the exciting thing about it. You can just kind of tailor it to how much your kind of threshold is if you're a bit worried then you can lower it or whatnot. But yeah, I think the ceiling is an invisible ceiling.

 

Aidan

How is that compared with different projects that you've worked on in the past that just that speed that we're talking about, 48 hours?

 

Chris

I mean, I think it's amazing. Like I've definitely had experiences where I've offered a product for sale and been able to sell it very quickly. But usually what happens is if you're doing that you immediately get swarmed by competition, because people are watching what you're doing and seeing, hey, if you're starting to move units, they're going to come at you with competitive pricing, and some of those other things. But in this space, it felt very, very different. Obviously, there are lots of people advertising lots of things on Google and Microsoft, but it's so much bigger than I am. I never have to worry about any kind of competition on my words or anyone's going to suddenly find me and come after it. 

So the biggest difference is it's not just that it happens quickly, which is nice and I love it. But it's also that it has longevity: you find a good opportunity and you can then just continue to run it for as far as I can see more or less indefinitely. I'm sure there are limits. But you know, everything I found in E-commerce, at least for me, was that  I'd find a great opportunity but the competition was so incredibly aggressive coming after me. Where this is a much more defensible business opportunity, which I love. 

 

Aidan

Can you explain a little bit about the flow of why they would be interested in the first place? 

 

Chris

Sure. Like with anything else, the goal is to place ads, very, very simple ads and the audience is amazingly large, that place very simple ads, say on Google or Microsoft, and drive them to an offer that matches what they're actively searching for. So, they already have that intent and that interest. And the kind of information depends on the niche and so on. But basically, think of them as just adding them to a subscriber list to a subscription list, so you can send them a follow-up email, and then offer them exactly what they were looking for. In terms of what they were searching for. 

And, the affiliate business, this kind of model is so great because there's not really a fulfillment there other than passing them along to an offer that's highly targeted to what they were searching for. The rest of the follow-up happens out of my hands, I don't have to do anything with that. So it's a really great way. 

 

Aidan

Why do you think you can turn the traffic on and very quickly get a conversion?

 

Vaughn

I think this is where it's probably different from the e-com, but it’s so simple. Right. You've got the foundations there set up and you point the traffic, and people fill out the details and that converts into a lead, which is just getting it's just simple.

 

Aidan

Money in the bank.

 

Vaughn

Yeah, it’s money in the bank, which is the huge difference here. With this model, people have to go through it. In e-com they've got to go through and want that product and checkout and put their credit card details in there and all that kind of stuff. So all those kinds of things are another step in the funnel. But with what we're doing here, it's just so much simpler. People just fill out a form and you get paid. 

 

Aidan

If I think about all the different business models that I'm in and we're involved with software, development software, selling information, eCommerce, obviously traditional affiliate marketing with any and all of those, there's always an element, almost like I need to convince my visitor to do something and if I'm good enough at convincing them, then I make money. Whereas with this that's so aligned. I think we're giving the traffic, the visitors, we're giving them the opportunity to get something that they already want, and I think that's why we see such high conversion rates. It's just fundamentally different from a psychological standpoint. 

 

Vaughn

Yeah, you're right. People are looking for what we're offering them, which is excellent. So, they're already coming in as a not-so-much as a cold lead. I guess I come in and as a very warm lead, they’re so much simpler to convert.

 

Aidan

Being in Australia, what has your experience been in the past? With running an online business? Has it sometimes, do you think, been more challenging, being outside of the USA and obviously your experience with E-commerce? We've spoken about other things as well. And then leading on from there, how has it been for you being in Australia, and getting this going? 

 

Vaughn

Yeah, look, it's different, to be honest, you can be anywhere in the world in regard to doing this. It makes absolutely no difference. E-com, yes, it's probably a little bit more challenging (doing e-com). Being in Australia, doing the e-com. Especially in the US, because in Australia, you're on the other side of the world. So, you've got to get in your head that when it's summer here, it's winter over in the US and yet people are buying different things. And you've just got to try and reverse everything that is happening locally. You're not kind of, just speaking about e-commerce, only you're not tapped into what's going on locally there in the US, because you're in a totally different country.  So, it's a little bit more challenging, but with this model, it makes absolutely zero difference. You could probably do it in the Antarctic if you had an internet connection there! 

It’s great, you don't need to know all those various buying habits and whether it's summer or winter or what have you. It's just so much simpler. I guess with the connected world that we're living in now, everything's so much smaller right with the internet and doing zooms and just touching base with people. We're so much more connected now. So, the world is a smaller place, which makes it fine as long as you've got an internet connection. You can, you can do this. It's fine. 

 

Aidan

Do you think you're going to need to have a team to run this or for it going to be a big addition to what you're doing on a day-to-day basis with the rest of your business? What's your outlook on that? 

 

 

 

Chris C

Yeah, that's an excellent question. That was something I was really interested in right at the beginning of the program, and something that I'm looking to get involved with more is something that's more passive. And this is more passive. There's an initial setup. But once you've got the ads going and bearing in mind the figures I mentioned, that's not even started scaling yet. So, once you start scaling and increasing ad spend, the increased money is going to happen. And once that gets going, there's very little to do on a day-to-day basis. So, really, it's passive income once set up. 

 

Aidan

A lot has to do with the simplicity of the ads. So, in e-commerce over the years and sort of like traditional affiliate marketing, if you like, and other businesses, we've had to get quite creative with our ads to be able to get anyone to pay attention because everyone's not got much attention span. So, but with this, that's quite different in that it's almost like if you're selling a good whatever it is you're selling, maybe you're selling some product, for pets, but maybe it's whatever it is, some product that you're selling. You just say what it is in the ad. And then people click on it. It's not like you have to get overly creative or have a degree in copywriting or anything like that. I mean, you've already got 10 words to work with, basically. 

 

Chris

I think that's, that's one of the things that I'm so excited about is it's a really nicely defined - like, I think that's part of what's so exciting about the program overall there’s is opportunities in so many different directions, so many different niches, and that you don't have to go right along the script. You don't have to go create a lot of visual creatives, and you don't have to do a lot of those things that yes, are possible and people have success doing it, but it has a learning curve. 

What I found here is the learning curve is (you know, that makes sense for folks the idea of like what you have to learn to be able to operate), it's actually quite simple. And so it allows you to get very quickly to the place where you're actually in front of potential customers. You're getting real feedback really fast. You don't have to learn all these complicated tools and build new graphics and figure out what images you're allowed to use or any of that sort of stuff. You start really simple, really focused on a few ads, and even Google helps you automate that testing at the beginning. To get a few different examples run through, get some feedback, see which one is generating the right kind of traffic, and then you get to expand on that. 

So yeah, so I mean, I have nothing but good things to say about e-commerce too -   obviously lots of people have success, but you know, there's a lot of learning that has to happen a deeper it's just a deeper well you have to go through before you know how to do all the steps where this feels just a lot more accessible. So, I love e-commerce, but the experience I had is like there are just a lot of things you have to learn to really be an expert there. And what I'm seeing here is it's just a shorter path to get in front of customers and start getting real feedback. You don't have to learn so many different tools in so many different products before you're able to “Okay, let's put up an ad and see if it gets a response.” And then Google will help you and optimize for you to make sure that the traffic that converts is the kind of traffic they send you more of. Because their whole goal is very simple just to keep finding new, profitable traffic so that you keep running ads, and you get to leverage that really well. So I love that about it. It just makes it more accessible for people, which makes me excited for folks to be able to see this program. It's really been eye-opening!

 

Jack

Yeah, I think the big selling point for me is not having things to worry about like external, physical things or anything, which can be fine, but I just like to know that I can buy everything. I can take my laptop wherever and kind of run the business from that pretty much and it's a different business model in the way that it's you are getting leads and it's I've never done that before. And it's an exciting way to kind of build revenue from something that I wouldn't have thought of making money before.

 

Aidan

Have you done anything in the past where you've been making commissions online, like any traditional affiliate marketing? 

 

Jack

No, I haven't really no, I haven't tried affiliate marketing stuff before. 

 

Aidan

So basically, you came into this completely new style of marketing that we're doing. This business model was completely new to you?

 

Jack

Yeah, so I came into it pretty fresh. I knew a little about certain things. But not really in the realms of what this course covers, which has been great, I’m always trying to learn new things. And this course has just shown me, it opened up a whole new kind of world of opportunities pretty much and yeah, I didn't know much coming in and now I feel like I’ve learned so much in the last couple of months. And yeah, it's kind of opened up new doors for me. 

 

Aidan

I've always loved this [model] and comparing this to the other types of businesses that I've got online there's not an ongoing requirement for things like content. For example, obviously, there’s the Search Engine Optimization world or a lot of not just that world, but a lot of different things nowadays, you need to be constantly creating content. There might be videos, blog posts, newsletters, and so on and so forth. Whereas with this, there's no need to do that whatsoever. It's just not really part of the business model. And one of the most common questions I get from people is, can I scale my business faster if I've got a virtual assistant or an employee? With this model, there's not really anything for them to do. I mean, is that what it has been? Is it aligned with your experience? 

 

Chris

Absolutely. Yes. The whole thing is simple. That's what I was. That's my biggest takeaway. It's quite a complex thing made simple, which is great. And it's something that you can set up. If you've never done Google Ads or Microsoft ads before, then the way that the training has been done is done simplistically. So, they took something that could be really drawn out over a long period, but they've done it in such a way that it's quick to set up and quick to scale, quick to add, so you won't need to get a team of people instead, anyone can do this themselves. If you've never done it before, then there's a bit of a learning curve, but the training will provide that. So, this is a fantastic opportunity for anyone, really, to make passive income online. 

 

Aidan

Any comments about some of the coaches we've got on our team? 

 

Noel

Yeah, they're all very professional. They are super supportive. Nothing's ever a problem. There are no problems. It's just if there are any obstacles that come up, we've worked through them.  There weren't any, to be honest, over the 10 to 12 weeks, certainly none that spring to mind. If I had a question, as I've already said, being quite new to the space, the team, we're brilliant and answering anything I had or any of the other guys that we're working together with. I found the coaches really good as you were saying there. But the length of time that some of your ads are running -  for the knowledge -  you can see the knowledge that’s been there for a number of years and they're very expert in this field and that helps give me confidence. It helped me at the start, to give me confidence that I would pick this up, and then somebody would be there to really show me what I needed to do to get the results that I had done.

 

Kerry

I have two things to say: One is they're incredibly experienced, like really experienced years and years of experience in different niches and so forth. And they're also been very, very forthcoming with sharing their knowledge and their experience, and that's been really good. 

 

Dom

And to add to that they also have they also know what works and what doesn't work. They know what tools I mean, in our E-commerce business, we've been through dozens of tools and thrown out dozens of tools. So these guys who have done they've already done that part. They've already found the ones that are no good and throw them out and found the ones that are good and kept them and then they tell us, so we don't have to do that part of the business either. 

 

Aidan

Yeah, I think that's something that the stage I almost sort of take for granted in my business so that every day I remind myself why we are so grateful that I've got this amazing team that can work with me behind the scenes because they really are the ones that can make a huge amount of difference to people's lives. And be able to help people you know, make those kinds of dreams come true. So, you know, last couple of questions for you. If someone had said to you 10 weeks ago, that you would be sitting here right now with an income stream coming in that has done, the facility of $500 per day using this model: thinking back to where you were 10 weeks or so ago. Is that something you would have signed up for? Is that something that you would have been happy with? 

 

Kerry

Yeah, we would have signed up for it. 

 

Aidan

Good. 

 

 

 

Dom

And we also know from what we've said that we're just scratching the surface. We know that this is a pilot program. It's just 10 weeks. We've only been working on it for 10 weeks. There are lots that we don't know yet.

 

Kerry

Yeah, and there's a lot of potential.

 

Dom

So that shows us when you see those numbers, that just shows us that the potential is there once we get to build our knowledge base up and implement some of the additional parts. 

 

Aidan

Yeah, something I see really exciting about what you're doing is we're talking about hitting these numbers like $500 a day but you're only actually capitalizing on one of the monetization methods, and there’s actually another much bigger monetization method that you’re now ready to start building into the backend. So, I won't get into that now, it's a conversation for another day, but it's really exciting. The last question that I do have for you is, any final words for people who might be listening to this conversation we're having and who might be inspired by what you're saying, but may also have doubts about what you're saying? Because maybe they've tried things in the past that haven't worked all that well for them, or maybe they've been burned in the past or maybe they're just afraid, but any final words that you would leave with the people who are listening? 

 

Kerry

Well, my one big thing is that when you take on a project, or business model, where there are experts like these coaches that we just talked about, my advice is to do what they say because they know I don't know better than the coaches in the 123Profit system. And I'm not about to second guess them. I'm about to do what they tell me to do. Because I know that they've been successful and I want that same success. 

 

Dom

Right and I'll add on that, yes, we have tried over and have been in business for a long time, and I've tried a lot of different ideas and different paths, and some have been more successful than others and some have been abject failures. But to Kerry's point, when you have a good team behind you that knows what they're doing, and you're not figuring it out on your own, it's like, “oh, let's do this 123Profit model. I'll just do it on my son by myself.” We've been down that road and lost if you will. So, this is just incredible to have this. These people are behind us. 

 

Aidan

Awesome. Guys, thank you so much for taking some time out there and sharing a little bit about your story. I'm really excited about where you're going with this. And I know that you're going to have big things happen this year. So again, congratulations on what you've been able to sort of put together so far. And thank you, thanks for being here.

 

Dom

Our pleasure. If it helps somebody make a decision, we're glad that we were able to help.

 

 

Well, there you have it. That's a wrap for this episode of The Growth Booth. As always, you can get the transcript, you can see the video version of this and so much more by heading over to TheGrowthBooth.com and navigating to episode number 53. Make sure you also head over to 123profit.com to find out more about what we're doing there. We'll make sure that we include that link wherever this podcast episode is finished. And like I said earlier, this is a once-in-a-lifetime opportunity. It's a very limited opportunity to come on the inside with me and work with me to learn how you can potentially do this for yourself. So head over to 123profit.com to get all the details, and I look forward to seeing you on the next episode of The Growth Booth.