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how I made $17.4M online so you can just copy me

Charlie Morgan2024-03-04
269K views|6 months ago
💫 Short Summary

The video showcases a business model that has generated $17.4 million, emphasizing transparency and evidence of success. It discusses processes, traffic sources, expenses, team structure, and communication channels within the company. The speaker highlights the importance of School as a platform for hosting products and facilitating online interactions, with a focus on maximizing appointment bookings and achieving significant revenue milestones. The company operates in Dubai with a 65% profit margin and around 30 employees contributing to profitability. Overall, the company's well-structured operations lead to consistent revenue generation and success.

✨ Highlights
📊 Transcript
Speaker's $17.4 million business model breakdown.
00:30
The speaker shares financial details, traffic sources, team structure, and revenue proof.
Live sales team tracker and appointment data are showcased for transparency.
Introduction of the product featuring a community, courses, and coaching calls.
School is highlighted as the platform for hosting the product and enabling online interactions.
Importance of processes and SOPs in business.
02:45
Use of standardized procedures for sales reps.
Various traffic sources for driving appointments and revenue, such as YouTube, cold email, Facebook, podcasts, ads, and outreach campaigns.
Maximizing appointment bookings through effective funnels and highlighting high demand for sales calls.
Website as a supplementary tool for potential customers, emphasizing the necessity of a results page for company growth and achieving significant revenue milestones.
Breakdown of expenses and team structure in a company.
05:58
Expenses include ad spend, sales commissions, fees, salaries, software, and miscellaneous expenses.
Monthly expenses total around $350k with a 65% profit margin.
Team structure includes 10 sales reps and a sales manager.
Company operates in Dubai, resulting in $585,000 net profit per month due to no taxes.
Company structure includes various roles such as sales manager, data manager, creative director, ops manager, media buyer, and accountant.
09:04
Communication is centralized through managers, with ops manager overseeing operations and problem-solving.
Business partners rely on Slack channels for internal communication, including channels for YouTube, sales management, operations, and private discussions.
Specific team members like the accountant and media buyer are recognized for their contributions to the company's success.
Operations Management Overview
12:02
The speaker utilizes various channels, such as team meetings and external connections, for daily operations.
Emphasis is placed on the necessity of having an agenda for each meeting and the role of managers in ensuring smooth company operations.
The speaker highlights the success and efficiency of the company in generating revenue and managing cash flow.
Overall, the company's operations are well-structured, managed by executives, and result in consistent revenue generation.