The Fastest Way to Make 10K a Month
In today’s video, Matt is reacting to the idea that a) it’s easy to make 10K a month and b) how to do it. Watch this video to see if Matt thinks this is a slam dunk idea to make 10K a month fast.
There are tons of people out on social media giving business advice. Some of it is good advice, but most of it isn’t good. In this series watch CapForge’s owner react to different advice videos. He’s an expert in all things business and has 20+ years of experience under his belt. Some of the things he reacts to might even surprise you!
Video Transcript:
Business Advice Video:
So the fastest way to make $10,000 online, it’s find a product that solves a problem, build a Shopify store around it, and launch some Facebook ads. If you really want to get specific with it, find a product that’s doing well on TikTok shop, rip all the TikTok shop content, and launch that as your Facebook ad. That’s the fastest you can get to 10K a month.
Matt’s Review:
I would say it’s not that easy to get to 10,000 dollars a month profit. By ripping off somebody else’s ad or somebody else’s TikTok shop and posting it as Facebook ad. What’s to say those guys aren’t already also running Facebook ads and not just selling on TikTok? And what’s the differentiation between your product and all those other products? And how much is it going to cost you to get that set up and get that going? And if it’s all dropshipping, then again you’re competing with tons and tons of other people with access to the exact same products. You have nothing different about what you’re doing. So can it be done? Yes. Are people doing it? Probably. But is it easy to do? Is it an automatic slam dunk? And can you scale it then from 10,000 to 100,000 a month? No. If it was easy to do and everyone can do it, then it’s BS, right? Because then everybody would be doing it. And if everybody is doing it, then there aren’t enough customers in the world to buy all that crap that people are then selling. So when somebody says it’s easy to do and simple and anyone can do it, then immediately be suspicious that either it’s going to make little or no actual money for you, that it’s much harder and much more complicated than they’re implying. One of those things is true in order for any of it to be true.
