Tai Lopez's 7 Steps to Start Your Own Marketing Agency

Most people dream of starting their own business and creating a life that lets you travel and have fun while getting paid. The problem is that 99 percent of people don’t follow through. But accomplishing it is easier than you think by creating a digital social media marketing agency.

Tai Lopez, member of The Oracles, says, “If I had to start out again with no money or experience, I’d find small businesses to pay me up to $10,000 per month to manage their social media.”

Unless you’ve been living under a rock, you can’t miss Lopez on social media. He’s leveraged social platforms to launch dozens of new businesses and scale existing ones.

He has one of the top 20 most popular TEDx talks ever. And his YouTube videos are used by some college professors to teach marketing. Why? He’s not afraid to experiment.

“I’ve spent $20 million running crazy social media experiments to see what works and doesn’t, making tens of millions in the process.”

As a marketer, Lopez quickly noticed that small-business owners find social media intimidating. “It’s technical and always changing,” Lopez says, citing Meerkat—the defunct live streaming platform—as an example of something that was popular in 2015, but now everyone barely remembers it. “Unless you’re immersed, it’s hard to keep up with how all the social platforms work.”

Lopez stresses how this creates an opportunity for you. “The secret to making money is to become valuable,” explains Lopez. “Even knowing how Facebook and Google work can be a game changer for a small business. They’ll gladly pay you forever if you can keep helping their bottom line.”

Lopez estimates that the average customer will pay you $1,500 a month—even if you work part-time. Five clients conservatively makes you $9,000 a month. That’s a six-figure business.

Lopez teaches how to create your own marketing agency with social media and get small businesses to hire you. Here are seven steps to start immediately.

1. Apply social media on yourself.

“Start marketing yourself,” Lopez explains. His viral “Here in My Garage” YouTube video was seen billions of times and shot with just an iPhone, “but it convinced people that I was a capable marketer.”

2. Pick lucrative niches.

Social media marketing is a “front-loading” business model, meaning that you put in a lot of…