Realistic Ways to Make 5 Million Won per Month

Key insights

• 💰
  The speaker shares their experience of making 5 million won by starting a rental studio business, highlighting the potential for unlimited growth and increased happiness in life.
• 📈
  The speaker highlights the importance of considering all costs, including those incurred during expansion, in order to accurately assess profitability in the manufacturing industry.
• 💰
  The speaker suggests that a 20% profit rate is ideal, requiring daily sales of 1 million won.
• 📺
  YouTube can help us create a store where 1,000 people come, making it achievable to turn 10,000 won into 1,000,000 won.
• 🤔
  People who come in through search have a higher purchase intention compared to those who come in through recommendations.
• ⏰
  Unlike traditional offline businesses, running an online studio allows for more flexibility and potentially higher profit margins, as it requires less time and effort to maintain profitability.
• 📺
  YouTube's success is attributed to its unlimited access and lack of fixed costs, allowing it to reach a large number of people without the need for significant capital investment.
• 💰
  "If you approach it by increasing the number of rooms, anyone can achieve earning more than 5 million won."