Part 5/9:
Growing an Audience: Identify and engage with a target audience. Use social media platforms to share your knowledge and attract potential customers.
Developing a Product: Create a product that addresses a specific need or pain point for your audience.
Marketing the Product: Understanding how to market your product is crucial. If you can't effectively present the product to your audience, it won't sell.
The speaker points out various successful case studies of individuals who have thrived using this model, demonstrating its viability and the potential for growth.