2023 Q&A Session
74: First Q&A.
As promised two weeks earlier in our cold emails, market shift, and side you want to be on article. Here is our first Q&A to wrap up 2023 - without a doubt, we had the best year in many aspects, and we are sure many of our readers did as well. A bunch of questions were received. We tried our best to answer the most common ones. One could argue the most common ones are often “low value”. At the same time, we felt that if we got them out of the way, we could always reference back to our 2023 Q&A session - better said this article. Saving us hours on not repeating ourselves.
1. What is WiFi money?
WiFi money is money made over the internet. Some would consider only side operations (apart from their 9-5) as WiFi money. Others will also take into consideration their 9-5 career that can be completely remote. The whole point comes to being geographically independent while still having the opportunity to bank.
2. Examples of WiFi Money?
There are more examples. But this should cover the majority. It’s important we mention we are not putting any 9-5 gig on the list - which can be completely remote and considered as WiFi money.
3. How To Make WiFi Money?
Without a doubt, this is the question we have been asked the most. The answer is simple. All of us have been deeply into the consumerism economy, especially for the last 10 years, as the internet has become available for the majority. Your game plan should be simple. Pick one skill you are good at and start building further on it. Attack it from a certain angle and offer the value. The easiest way to do this is to transfer your current career or a hobby - area where you do have knowledge. There are so many ways to make WiFi money that there is no reason for us to point you to exactly one model. Play your strengths. Whatever you start creating and putting out there - offering sooner or later, you will have the possibility to monetize. Your best bet? Start ASAP. Everything will become much clearer.
4. You always talk about affiliate profiles to follow. Any recommendations?
5. What is your sleep schedule like?
Quite boring and predictable in the last few years. We used to push for 5 hours for years. But it’s far from optimal - since we would get sick every few months. Add in the bad nutrition and stims abuse, and you are in for the ride. Would argue that 7 is for optimal performance, and that is something we are aiming for. Creating a schedule around your sleep is a key. One of the best things you could do to make the next year better is to find out if you are are morning performer or late-night performer. Something we plan to cover more deeply in the article. having a schedule that works for you is crucial when it comes to building the WiFi money.
6. Where do I get B2C leads?
Not many options. The first one would be to run focused ads based on your ICP - extra points if you run up an operation where you offer “something of value for them” in exchange for their information - lead magnet. The second one would be to browse forums and buy cracked databases that fit your needs. An example would be if you are selling insurance to buy cracked bank data - something relevant to your offer. Not legal advice.
7. Mind Sharing Your Favorite Books?
Hard answer to give. We have quite a few of them. Efficiency, How To Get Rich, and The Art Of Wordly Wisdom must be at the top. Currently, we are reading The Mastermind: Drugs. Empire. Murder. Betrayal. Which is a solid read.
8. Do you have any resources on Cover Letters for developers?
Dont send a cover letter. Because, well, no one is reading them, and they are a huge waste of time. It’s all about your resume - CV. In case you are looking for a resume template, make sure to check out our resume for tech sales which, can be used for developers. The Idea behind is the same - change it so it’s relevant for your role.
9. What do you use to repurpose videos on Instagram and TikTok
10. Tips for starting a clothing brand?
Not big fans of the clothing business. Could you still make a bank with it? Definitely. But there are better business models. Our only tip and one that could possibly save you thousands of dollars. Make sure to do preorders before getting any stock. One of the worst things you could do is order the stock before testing the market. Good luck.
11. YouTube/Website/Book or course when it comes to WiFi money
Our articles should give you a solid overview of where to start. No one will hold your hand during the process, and there is no magic course either. Execute quickly and fail. Once you fail, your next best bet is to start building another project. Another solution would be to get a remote job - better-said career. In case you still don’t understand what this is about, do yourself a favor and read Efficiency. Dont overthink it.
12. I am looking to start an online business (P.S: I'm not good at writing-related business ) but can't narrow down on a field coz Lead gen, email marketing, copywriting, everything seems to be crowded and full of over competition!
Hard to tell since we don't know your skill set. Better say what you are good at. The real truth? Everything is saturated. Everything you can think of right now has a certain level of competition. That should not be your worry. Your worry should be finding something, stick to it, and build on that. Develop your skill set. One that, in the end, will be transferable to your next adventure. Your best bet? Go out there and try. In case you fail you will be able to bring things up to speed significantly faster on your next business venture. Simple as that.
13. Getting web design client tips?
It’s all about outbound games - until you don’t have enough social proof, clients will rarely come to you. Your best bet? Start building your ultimate outreach system. Dont be afraid of abusing the cheap social proof - as mentioned in the LinkedIn article. Social proof and outreach are all the magic there is.
14. Hey been following your content for the past month now. Some crazy stuff about WiFi and coding. Please keep posting. Noticed you talk about sales, coding and WiFi money. I am at a crossroads here. What should I focus on as a broke student? Coding or marketing/sales.
We did a whole write-up on navigating the college successfully and the internship game - both are important reads for young guns. Since you are at a crossroads between two. The question is simple. Are you better at talking to other people and winning them over? Or are you low on social battery and prefer to work on more logical challenges? Only you will be able to answer that one. But that should serve as a strong base on what to aim for.
15. Advice for outsourcing web design and dev. Need a team PM, design, dev, and SEO.
Run job postings across the boards. Not the answer you want. But the one you need. Also, make sure to check out GitHub link to help yourself. Better said to find the job boards worth looking at.
16. Hi. I really want to get into SaaS. I want to build software that solves problems and make me money. I have a background in programming. What should I start with?
17. Best start up sales tech stack for rapid growth?
There should be no difference in the sales tech stack between startup and other types of business structures - your only concern could be expenses. In each case, you want the best possible DB with leads. Cold emailing software, LinkedIn software to automate as much as possible, and something to take care of cold calls. Close.com is a solid tool that will allow you to do so - including a power dialer. Plus, it will serve as a CRM as well. Everything else? Nice to have. But not a must-have. When it comes to cold emails make sure your technical setup is on point, and you are taking care of your domains. Suggested reading 10 rules of cold email to make things even easier. Check out Smartlead as a tool of choice for sending cold emails.
18. Is selling drugs a good way to get things started?
Arguably the best one. The problem is you will not be able to stop - cash flow that is hard to beat.
19. The most lazy, quick and most profitable way to start your own SaaS in 2024?
Nothing can compete with this when we are talking about the lazy, quick, and SaaS in the same sentence. Any of the technologies on the list will do good enough damage if you know what you are doing - SaaS Boilerplates.
20. Hey! Thanks for the great content and resources you share. I'll get straight to the question. I've been doing SEO for e-commerce stores in decent competitive YMYL niches. I've recently been deep diving into funnels, ad campaigns etc. I'm thinking of offering them as service and also getting my own hands dirty getting into affiliate marketing. I'm also learning python (also your recommendation) How do you think these industries will hold up in the coming years? Funnels, SEO, marketing (content, copy and otherwise) etc. I'm 27 so I don't know if I should pivot and if I should - which department?
First of all, congrats. You are a young one and already moving in the right circles. What will happen with all of those? Absolutely nothing. Those saying funnels, SEO, and marketing will disappear are trying to sell you something. It’s equivalent to saying sales will not be worth it. The only thing we see may be an SEO change. Impact of AI sooner or later, we feel like big players will have to do something in order to stop mass low-quality spamming. Everything else is here to stay. Funnels will also change, and copy will change. Will they disappear? No. Dont worry about it. Keep developing your skills - all of them are good to know skills.
21. Appreciate your posts. Would like to know what your advice is on path to setting my family straight for years to come. Currently 30 now, young family, learning python via bootcamp paid for and would like to achieve success in next 10 years. Not many can offer advice to this level so I thank you. Daily is bookkeeping, so looking to break into coding
Escape the accounting and building your side gig should be your two biggest priorities. Python BootCamp is a solid choice. But doesn't guarantee you will be able to land a role. Make sure you do whatever you can to ensure one - follow our principles related to tech sales. At the same time, since you do have bookkeeping and accounting experience, one of the easiest things you could do is spin-off side gig offering exactly those services. It's not the most optimal thing since you are still trading time for the money. But it’s going to help in certain aspects while you are breaking into a new industry. Good luck.
22. What tools do you recommend for advanced web scraping?
Stick to API scrapers, and your life will be easier. Got a list of solid scraping tools here.
23. Where should I Target clients as a web developer?
The core principles are the same as with any outreach - when it comes to gathering clients. Locate your target list (focus on niche, industry, or technology). Scrap the leads you need and outreach. All the magic there is. You can find basic principles in our lead generation agency article. Also getting tools that allow to check web technology should be useful. Providing you with insights into what your potentional clients are currently doing.
24. How to earn money if you are in a developing economy?
Again no reason to do anything different than in a developed economy. You got the internet? Consider yourself lucky. Because the bar for the quality of life is much lower than in developed countries. You making 500$ each month is equivalent to someone else making 5k - we are talking about buying power. Something you could use to your advantage and start WiFi money is VPN arbitrage.
25. Not really a degen question for your Q&A but what's a good starting point for someone wanting to code?
26. Question: If you're an outsourcing guy based in third-world country and leverage the AI LinkedIn strategy to secure clients. What Problem do you think he should solve in LinkedIn Community - he has experience in selling websites so do you think targeting Locals to redesign their website will worth it in LinkedIn? Or any other Problem bcs we have resource there and can easily delegate any service.
We didn’t quite catch your question. Not sure what you mean by the AI LinkedIn strategy to secure the clients. Do you post AI content trying to create inbound traffic, or are you using AI profiles for outreach? There are many cases in which AI is being used for. If we are talking about local business avoid LinkedIn. Assuming that is what you mean by "Locals". Stick to Google Maps and scraping of the same - reaching over the phone, cards, and cold email. Attacking with all weapons from arsenal. Talking about pure B2B? LinkedIn should be part of your outreach sequence.
27. I'm currently a soft dev. with more than a year of experience but still less than 2 yrs. I feel like I am leaning more towards continuing being a soft dev /engineer since I already am one and I am good at it. My aim over the next couple of yrsis basically I want to start a SaaS biz and I feel like it would just make more sense for me to continue being a software dev/engineer since that way I already have the coding chops and would continue to keep improving my coding skills. Also this current role I'm at is a hybrid role where I spend 3 days in office and 2 days remote and I just want to be fully remote(honestly sick of in office work) and I want to be making 6 figures with my next move, preferably 150k TC or more while also maintaining a good WLB and I know such roles are out there as well.
I have also been considering tech sales (partly because I just have not been as satisfied with my software dev role lately I think it's mainly because of the role itself, so maybe once I get a new role things will be better) specifically a Sales Engineer role since that would be the best role for me to transition to but I've been considering tech sales as my possible next position because of the benefit of having a somewhat "uncapped" salary thanks to commissions and because of the remote opportunities as well and I would also learn sales as I progress throughout my career and I would possibly aim for transitioning to an Ent AE role later down the line to get more of that commission structure and with that it would also put me closer to the business side of things. I feel like I have also been considering tech sales too, partly because I have just been seeing so many people mention this industry as well and maybe I just feel like I'm missing out on some sort of hype train, if you want to call it that because the more I think about it the more I realize I'm not really someone who likes having to do presentations and demos but I feel like if I were to try the tech sales route I would have to learn to cope and improve how I deal with the stress or anxiety of having to do such tasks.
I think the main thing that I am really looking for is I want a fully remote position that makes 6 figures preferably 150k TC or more with great or similar WLB to what I have already, so that I can then have the time and money to invest and start working on my side business basically. And the only reason I feel like I have just been so indecisive with which way to go is because of a few different factors mainly because I feel like I might be missing out on something if I weren't in tech sales and also just because of how things have been job wise in the software engineering job market with layoffs and now all these AI developments. Also extra tidbit not really sure if this matters but just want to make sure I am giving you the full picture of my situation but, I am single and relatively young(25 years old) and do not have any dependents that I have to take care of only major debt I have is student loan debt and i will also be living on my own in the next year as well.
Extremely complex question when you consider all the inputs you have given us. First of all, you need to ignore the noise. You are falling for the hype trap. What we have to point out immediately is you mentioned - "I realize I'm not really someone who likes having to do presentations and demos". This is huge. Something that can’t be ignored. Can you work over it? Yes. But will it burn you out after a year or two? Most likely. Since the majority of your working hours will be spent on communicating and maneuvering around people.
SE role would be a better choice since you would have a taste of both worlds, and we would strongly consider you giving it a try instead of going the full sales route. You have also been mentioned as being part of the industry. You have to realize you are a party of industry, just not on the side you think you should be on. 150K for the entry tech sales role? Possible. But you have to be at the right place and solid performer. Maybe both of those. No dream selling here. In each case, you have to be honest with yourself. What’s the worst that can happen? You will get back to being Soft Dev in case your SE / SDR role dont work out. The SaaS part, without a doubt, you can start right now. Nothing should be stopping you. In general, we didn't see you mentioning a side gig anywhere. That is something you should be working on ASAP. You have lots of space to risk. Consider that as your advantage - good luck.
Start SaaS building ASAP (or any other form of side income)
Be honest with your strengths and weaknesses
Dont follow the hype
You have loads of space to risk - use it to your advantage
Thank you all for participating. The goal for the next year? Deliver more. We are running the game plan from what you do to make the next year better. Also giving away a 1-month free subscription to all of our yearly subscribers or those who are yet to become one until December 31st - our token of appreciation.
Check out our list of approved products to make your life easier
Looking for tools to start your WiFi journey? wifimoneytools.io
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