Building Digital Leverage for Efficiency
Digital Leverage is a powerful concept that allows you to achieve more with less time, effort, and resources. Learn how to use the 1000x formula to create content, automate tasks, and research trending topics.
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Justin Welsh
The Diversified Solopreneur | Building my one-person business to $5M+ in annual profit and sharing everything I learn along the way at https://t.co/27OAdtwjh5
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How to build Digital Leverage.
— Justin Welsh (@thejustinwelsh) June 16, 2023
Use the 1000x formula: -
One of the most powerful concepts is “Digital Leverage.”
— Justin Welsh (@thejustinwelsh) June 16, 2023
It means using the internet to achieve more - with less time, effort, & resources.
You only have 24 hours in a day, and it's especially important to be efficient when you're a team of one.
Here's how: -
Content: Think 1x, Publish 10x
— Justin Welsh (@thejustinwelsh) June 16, 2023
The best content starts with a single idea.
I create one robust, long-form piece of content.
Sometimes it’s a newsletter issue, an article, or a Thread.
Then, I chop it up & publish it 10x:
- Twitter
- LinkedIn
- Instagram
- IG Stories pic.twitter.com/XhVYdaf28I -
Selling: Publish 10x, Sell 100x
— Justin Welsh (@thejustinwelsh) June 16, 2023
Use these posts as a “trojan horse” to promote your business.
Here's a few ideas:
- Link back to your website
- Promote a testimonial
- Encourage people to read an article
All of these can link to your products or services.
Passive selling. -
Compounding: Sell 100x, Compound 1,000x
— Justin Welsh (@thejustinwelsh) June 16, 2023
If you make a few sales, you can start creating an army.
Incentivize your customers to talk about your business!
I set up a simple affiliate program that pays 35% instead of the typical 20% I see.
The goal?
Turn 100 sales into 1,000. -
This is the long journey from 1 idea to 1,000 sales.
— Justin Welsh (@thejustinwelsh) June 16, 2023
- Content: Think 1x, Publish 10x
- Selling: Publish 10x, Sell 100x
- Compounding: Sell 100x, Compound 1,000x
I break down this whole flywheel here: https://t.co/K7rWwkjNlN -
If you enjoyed this thread then:
— Justin Welsh (@thejustinwelsh) June 16, 2023
1. Give me a follow @thejustinwelsh for more Solopreneur tips.
2. RT the first Tweet below to share: https://t.co/5Wlu0KYsr1