Top 6 Revenue Streams in 2024

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Welcome to The Growth Innovator. Exclusive content where I showcase how to start, grow, and monetize a 1-person online business through organic content in 2024.

Today’s Email:

• Online Course

• Private Community

• Coaching Program

• Productized Service (Agency)

• Newsletter Business

• Affiliate Marketing

• Innovative Action Plan

Alright, Let’s Innovate:

Having only one revenue stream is the best way to go broke (I’m serious).

As of 2024, you can create many profitable business models.

If you’re posting content online and building up your personal brand but aren’t diversifying your revenue streams:

• You can lose all of your revenue overnight.

• You’re missing out on potential cash flow.

• You’re not focussing on the long-term picture.

Once you go through this post:

• You’ll have six new ways to monetize your 1-person business.

• You’ll have the tools to create more cash flow.

• You’ll have the clarity to win.

Here are the top six revenue streams to build in 2024.

Online Course:

Tools You’ll Need: Gumroad (free), Notion (free), Stripe (free)
Type of Offer: Low-Ticket
Price Range: $47 - $150
Example: https://www.alexcolhoun.com/Growth-OS

Private Community:

Tools You’ll Need: Discord (free)
Type of Offer: Medium-Ticket
Price Range: $50 - $500 / Month (depending on what you offer)
Example: https://discord.gg/wYwk6Xjsby

Coaching Program:

Tools You’ll Need: Calendly ($19 / month)
Type of Offer: Medium-Ticket
Price Range: $179 - $779 / Session (create different packages)
Example: https://www.alexcolhoun.com/coaching

Productized Service (Agency):

Tools You’ll Need: Typedream (landing page)
Type of Offer: High-Ticket
Price Range: $479 - $4,079 / Month (depends on your service)
Example: https://www.alexcolhoun.com/elevate

Newsletter Business:

Tools You’ll Need: Beehiiv
Type of Offer: Low-Ticket
Price Range: $2.99 - $24.99 / Month
Example: https://innovator.beehiiv.com/upgrade

Affiliate Marketing:

Tools You’ll Need: Affiliate Programs
Type of Offer: Low-Ticket (Residual Income)
Price Range: N/A
Example: https://innovator.beehiiv.com/p/tech

I recorded a short video to showcase the top 6 revenue streams for 2024/25. I’ll update if I make adjustments or add anything to the list.

Watch it below:

Innovative Action Plan:

With all the systems I’ve gone over, let’s create an action plan (for this one, you don’t need to do all the steps):

1. Create an online course. A free platform for this would be Gumroad.

2. Build a private community. I’d use Discord or Skool.

3. Make your coaching program. Calendly works well for this.

4. Finalize a productized service. Any agency could work well.

5. Build a newsletter business. Beehiiv is the top tool for that.

6. Utilize affiliate links in all of your products.

7. Adjust and experiment with what works and what doesn’t.

It’s time for you to grab my video course, The Growth OS.

It’s my full blueprint for creating content, writing emails, and building products that sell in 2024. If you don’t make your money back in the first 30 days, I’ll refund 100% of your investment.

I’ve applied a 15% off coupon for you (use the link above).

Cheers,

Alex