No secrets. No schemes. Just step by step plan from me.
I started and sold three businesses. Gaming business with 10M+ registered players in 2013, Website with 650k daily visitors in 2015, and YouTube channels with 5M+ subscribers. Last business I sold in August 2018 for six figures. Here is how much revenue ONLY one out of seven channels sold generated revenue for the past 365 days. Based on my prior experience and keeping in mind one-year period goal I would create a mixture of the following approaches.
Gamification+Blog+Youtube+Podcast+Instagram. It is absolutely real to reach the following numbers $0-5000 monthly revenue in One year $5000-10,000 monthly income in two years $10,000-25,000 monthly income in Three-Five years. Yo can sell such a blog for AT LEAST 36 months revenue on Flippa, which means $5,000 monthly revenue blog can be sold for $180,000+ $10,000 monthly revenue blog can be sold for $360,000+ $25,000 monthly revenue blog can be sold for $900,000+ Not bad and this approach works. Here is what I would do Select niche for your blog. Personal finances, making money online and freelance are my favorites. Create a blog on Wordpress and register a domain name. It is simple and takes one day to do.
Tons of FREE information on Youtube on how to set up your blog. Hire SEO specialist on Fiverr to optimize your blog and to help you with article ideas. Based on top keywords generate at least 50 ideas. SEO specialist will make basic blog optimization. Study all information about blogs and SEO you can find, buy courses, find a mentor, who can advise you what mistakes to avoid and what to do.
For the next five years, you need to write 1000 articles 5000+ words each. It is only 3-4 articles per week. Share your numbers with subscribers and be honest. This step will help you to generate a loyal audience. Grow you audience, answer comments, create groups in FB and messengers. After reaching 500-1000 daily visitors create a YouTube channel. With the help of TubeBuddy plugin find HOT topics in your niche. Generate original ideas and make a few videos per week. There are tons of information about YT optimization but get a basic understanding of how to optimize Video Title, Description and Keywords. Hire super cool photo editor on Flippa to make killer video pictures.
After reaching 2000+ daily visitors set up a podcast and interview successful online entrepreneurs. Create and sell an online product on your blog (course, mentorship, consultation, book etc.). Your products will generate at least 50% of monthly revenue in a few years. Create at least new product per year Be consistent. No matter of what write 3-4 articles and update your knowledge for the next 365 days. The more monthly revenue you will generate the better valuation of your business will be. I know some blogs in personal finance niche valed based on 100!!! monthly revenue multiplicator.
This approach works.
99% will not follow it. Good luck.