205: From a $1 Million Bankruptcy to $20k in Monthly Recurring Revenue: A Productized Service Case Study

The Side Hustle Show

Nick Loper

Entrepreneurship, Business, How To, Education

4.7 • 1.6K Ratings

🗓️ 8 December 2016

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Gabe Arnold is the founder and chief pencil sharpener at CopywriterToday.net, a subscription based article writing service. In his early 20’s Gabe saw his construction business hit by the downturn in the property market to the tune of a $1 million bankruptcy, and began freelancing to support his family. One common hold-up on his website projects was the words to paste into the pages, which gave him an idea. Tune in to hear how he took that idea from zero customers to $20k in monthly recurring revenue.

Full Show Notes and PDF Highlight Reel: From a $1 Million Bankruptcy to $20k in Monthly Recurring Revenue: A Productized Service Case Study

Transcript

Click on a timestamp to play from that location

0:00.0	Side Hustle Show 205, from a million dollar bankruptcy to 20 grand in monthly recurring revenue.
0:07.0	This is a productized service case study.
0:10.0	Welcome to the Side Hustle Show, where aspiring part-time entrepreneurs learn how to turn their
0:16.4	side hustle dreams into reality.
0:19.4	Because your 9-to-5 may make you a living, but your five to nine makes you alive.
0:24.3	And now your host, Nick Loper.
0:27.6	What's up, what's up, Nick Loper here. Welcome to the Side Hustle Show where it's all about
0:35.4	ideas, action, and results. All three are in full effect today with my friend Gabe Arnold.
0:40.1	He's the founder and chief pencil sharpener at copywriter today
0:43.9	net a subscription-based article writing service in this episode you'll hear how he
0:48.8	came up with the idea how he landed his first clients and how he scaled the
0:52.1	business to where it is today with a team of 50 remote
0:54.5	riders and $20,000 in monthly recurring revenue. He says creating a
0:59.4	subscription model business has turned out to be one of the best things I've ever invested my time in.
1:03.5	It's led me to grow from barely being able to provide for my family for the first time in my life,
1:08.0	reaching a six-figure income and the flexibility to truly work when I want to.
1:12.0	You can find all the notes, links in a free PDF highlight reel
1:15.2	with all of Gabe's top tips for building a recurring revenue service business at
1:19.4	Side hustle Nation.com.
1:21.6	Before we dive in, let me take a moment to thank today's sponsor. Nation. business owners like you deal with your day-to-day paperwork and accounting.
1:33.8	The award-winning invoicing and bookkeeping software has been redesigned from the ground up and
1:37.4	custom built to save you time, money, and headache.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Nick Loper, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Nick Loper and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.