Reddit Reddit reviews Trust Funnel: Leverage Today's Online Currency to Grab Attention, Drive and Convert Traffic, and Live a Fabulous Wealthy Life

We found 2 Reddit comments about Trust Funnel: Leverage Today's Online Currency to Grab Attention, Drive and Convert Traffic, and Live a Fabulous Wealthy Life. Here are the top ones, ranked by their Reddit score.

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Trust Funnel: Leverage Today's Online Currency to Grab Attention, Drive and Convert Traffic, and Live a Fabulous Wealthy Life
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2 Reddit comments about Trust Funnel: Leverage Today's Online Currency to Grab Attention, Drive and Convert Traffic, and Live a Fabulous Wealthy Life:

u/QualityJohn · 1 pointr/Entrepreneur

I think you have an interesting idea here. But I see one glaring problem with turning this idea into a successful business: scale-ability.

With service-based businesses - like you concept for electronics repair - is that your ability to service customers depends on physically traveling to them, having the customers travel to you, or otherwise finding a way to obtain the product needing repair, repair it, and return it to the customer.


Online Courses

A think a better option for you might be to create and market an online training course that teaches people how to repair electronics. Sure, plenty of people who might need a watch repaired won't want to bother learning to do it and acquiring the tools needed themselves. But plenty of other people might be thinking exactly what you are not, which is where they can find a course on watchmaking or electronics repair.


Leveraging your Knowledge NOT your Time

By creating a course made up of relatively low-tech and easy-to-create video tutorials or a few webinar courses that you record and later distribute, you don't even have to be in a classroom to actually teach what you know. In fact, you don't even have to teach the course repeatedly - just record it once, collect feedback and refine the course, and then sell the course online. Then you'll be generating what some refer to as "passive income" and you'll have to do very little work to maintain that income. Hence, you'll be leveraging your knowledge for income, not your time - a very important distinction.

Suggested reading:

  • Launch by Jeff Walker

    This book will walk you through the concepts for creating an online course, including how to effectively market one. This is a very highly regarded book for this industry and is applicable to others aside from online courses, as well.

  • Trust Funnel by Brian G. Johnson

    This book is less well-known but offers good advice for branding and some of the technical aspects of creating and marketing video online.

    I hope my brief insight has been helpful. And I do hope you at least explore this option before deciding to go the direct-service route with your skills and knowledge.

    Cheers!
u/bkc2014 · 1 pointr/Entrepreneur

Trust Funnel wasn't bad