💡 Tips for Generating Passive Income: Here are some insights on building multiple SaaS products and generating income.
📚 First Product: Course - I created a T3 stack course that generated $10,500 in sales since its launch on April 16, 2023. Despite being outdated, it continues to sell through my YouTube channel.
📈 Sales Channels: Most sales come from YouTube, emails, and organic search. I recommend having a marketing funnel for your courses.
🖼️ Second Product: Icon Generator AI - Launched before the course, it made $6,000 in gross volume. However, it's losing traction due to competition and better alternatives.
🔍 Traffic Sources: Most traffic comes from organic Google search, not just my YouTube channel. SEO is crucial for visibility.
📊 Third Product: Project Planner AI - Aimed at creating a subscription-based product, it currently has 24 subscribers. This was a learning experience in project management software.
🛠️ Key Takeaway: Niche down when building your first SaaS product. Simplicity can lead to better results.
🎉 Fourth Product: Free Starter Kit - Inspired by a successful paid starter kit, I created a free version to help others learn coding. It has generated 6,200 downloads.
👻 Fifth Product: Scary Story Generator - Currently a fun project with no sales yet, but it aims to generate AI images from user-written stories. Future plans include expanding its capabilities.
🌟 Main Takeaway: Explore social media for ideas, replicate successful concepts, and add your unique twist. Build what interests you for better motivation and creativity.
👍 Final Thoughts: Building multiple projects enhances your skills and knowledge. Keep experimenting and learning!