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The Side Hustle Show

664: The $1 Product Challenge

The Side Hustle Show

Nick Loper

Business, Education, Entrepreneurship, How To

4.71.6K Ratings

🗓️ 27 March 2025

⏱️ 46 minutes

🧾️ Download transcript

Summary

I can almost guarantee you've heard the phrase the "money is in the list." And all the experts, myself included, extol the virtues of building your email list, right? Because it's the platform that you own and control. But the question is, are you building an email list of buyers?  Subscribers are great, but you're not buying groceries on subscribers alone. Pete Boyle is the founder of growthmodels.co and he  has a unique list-building and business-building strategy that throws free lead magnets out the window in favor of low-priced products, starting at just $1, and has seen some exciting results, including $4,000 in just 10 days. Tune in to Episode 664 of the Side Hustle Show to learn: how a $1 product can turn cold leads into paying customers (without ads) why low-ticket offers convert better than free lead magnets how to stack simple offers into a $250+ funnel that leads to high-ticket sales (Start your own $1 product experiment at growthmodels.co/dollar.) Full Show Notes: The $1 Product Challenge New to the Show? Get your personalized money-making playlist here! Sponsors: Airbnb — Discover how much your home could be worth and find a professional co-host today! Mint Mobile — Cut your wireless bill to $15 a month! Indeed – Start hiring NOW with a $75 sponsored job credit to upgrade your job post! OpenPhone — Get 20% off of your first 6 months! Shopify — Sign up for a $1 per month trial!

Transcript

Click on a timestamp to play from that location

0:00.0

The $1 product challenge, have my guest earned $4,000 in just 10 days without paid ads.

0:07.0

What's up? What's up? Nick, over here. Welcome to The Side Hustle Show, light on the theory,

0:12.1

heavy on the tactics. It's an entrepreneurship podcast. You can actually apply. And we've been around

0:17.0

online business for any length of time. I can almost guarantee you've heard the phrase

0:21.7

the money is in the list. And all the experts, myself included, extoll the virtues of building

0:28.5

your email list, right? It's the platform that you own and control. You're not at the whim of

0:34.0

algorithm updates, social media changes. But the question is, are you building an

0:39.8

email list of buyers? Subscribers are great, but you're not buying groceries on subscribers

0:45.3

alone. My guest today has a unique list building and business building strategy that throws

0:50.4

free lead magnets out the window in favor of low-priced product starting at just a dollar

0:55.8

and has seen some exciting results, including that $4,000 in just 10 days from growth models.co.

1:03.7

Pete Boyle, welcome to The Side Hustle Show. Thank you for having me. It's great to be here.

1:07.6

You bet I'm excited for this one. I've got to know, what's the $1 product that you came up with?

1:12.0

How did this work?

1:12.7

Basically, I found myself in a position where I tried a bunch of things in business.

1:16.0

They didn't quite work out.

1:17.1

As is always the case.

1:17.9

You know, you try some new things.

1:18.8

It doesn't always work.

1:19.8

And I was like, right, I need to get some good positive cash flow coming back in. went back, tried the usual lead magnet, get people in, tried to nurture them towards buying

1:28.4

from me somewhere down the line a day or week a month, whatever, it didn't work. And so I was like,

1:33.5

right, I need to actually get some customers coming in. And so at that time, you know, chat GPT

...

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