How long until you made your first IM dollar?

by Administrator 53 replies
A discussion with a WF member gave me this idea. How long from the time you started until you guys made your very first cent? It can be from an affiliate commission, or an actual product sale, or ad revenue. It doesn't even matter if it's 2 cents or 2 thousand dollars, as long as its actual measurable monetary results. This is for the benefit of newbies who are on the fence or who may just be starting out.
#main internet marketing discussion forum #dollar #first dollar #how long to make money #long #made
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  • Profile picture of the author brettb
    When I released my software product it took 2 weeks before I made my first sale - $39.95.

    That was confirmation that rushing out a version 0.1 was worthwhile.
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  • Profile picture of the author pauloadaoag
    Administrator
    Back in 2010, my first real internet dollar took too long - 4 months.

    Didn't really know much then about lean practices and my team and I built this complicated boondoggle from scratch BEFORE trying to reach out to people who may want to pay for it.
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  • Profile picture of the author T S Chan
  • Profile picture of the author John47
    It was about 2002/3 and I was using Yahoo groups to post links to various affiliate products in the IM niche. After a few months I sold a marketing course by Corey Rudl. The commission was about $70 I think.

    It was a complete fluke as I had no system in place, neither website nor email list but it proved to me that you could make money online if you put a product in front of eager buyers.
    It gave me confidence to keep learning and kept the wife quiet for a while about "spending so much time on the computer"!
  • Profile picture of the author Mabu Map
    It took me 4 months until i bought my first solo ads 50 clicks. I got 1 sale. Love it
  • Profile picture of the author discrat
    Originally Posted by pauloadaoag View Post

    A discussion with a WF member gave me this idea. How long from the time you started until you guys made your very first cent? It can be from an affiliate commission, or an actual product sale, or ad revenue. It doesn't even matter if it's 2 cents or 2 thousand dollars, as long as its actual measurable monetary results. This is for the benefit of newbies who are on the fence or who may just be starting out.
    Back in late 2007. Within a week. That was filling out Paid Surveys.

    Actual IM stuff with a blog ? About 2 to 3 weeks. Adsense and CPA


    - Robert Andrew
  • Profile picture of the author jords16
    after 2 week i got a half $1 commission, someone buy a trial of the product i promoted.. but i bought a system that create landing page for me and doing email marketing for me. what i did is sending traffic only to my landing pages which was included to the system i bought. at the same time i building my email list. in just 2 weeks i generated 75 email list. then i got my very firsts commission
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  • Profile picture of the author grandstar
    Mine took like a year.

    It was for satellite dishes. I sent my affiliate link to a few souls using blackplanet.com (was popular before myspace) and I made $40.

    This was like 2003
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  • Profile picture of the author Michael Meaney
    Adsense... and I wouldn't recommend it.

    ..took a very long time, and a whole heap of traffic, to earn a decent income.
  • Profile picture of the author J50
    One day. But that was because I was building a website for fun long before I entered the IM space, so I already had an existing but small audience. I placed Adsense on the site after learning about it somehow and made a few dollars the first day, we're talking 2007/8 here back in the good old days of Adsense.
  • Profile picture of the author kilgore
    Originally Posted by pauloadaoag View Post

    This is for the benefit of newbies who are on the fence or who may just be starting out.
    How? I really don't get the benefit of this sort of question at all. What fence are they sitting on and how will this data help them to know which side of the fence to get down on?

    The problem is that the "first profit" or "first dollar" or "first whatever" doesn't tell you anything about anything. You can easily make a dollar dumpster diving for aluminum cans, but it's hardly a recipe for a sustainable, long-term, scalable business.

    Talk to me about your 100,000th dollar or your 1,000,000th dollar. Heck, talk to me about your 10,000th dollar -- even at that small scale, you get a sense for what's working and what's not. But first dollar? That's like trying to use the temperature when you woke up this morning to predict the weather 100,000 years from now... in Antarctica... Not completely worthless. But pretty close!

    A better, more interesting question might be to ask about the strategies various entrepreneurs employed when launching our sites. There are good reasons some of us make money faster than others. Some of it's luck. A lot of it has to do having a compelling value proposition (i.e., a great website and/or whatever else you're bringing to the table) and even more of it -- at least if you're looking for a fast dollar and not necessarily a sustainable business -- has to do with creating a solid launch strategy.

    For the record, we made our first dollar the day we launched. How does that knowledge help the OP or anyone else? It doesn't, but that's what you asked, so there you go!
    • Profile picture of the author pauloadaoag
      Administrator
      How? I really don't get the benefit of this sort of question at all. What fence are they sitting on and how will this data help them to know which side of the fence to get down on?

      The problem is that the "first profit" or "first dollar" or "first whatever" doesn't tell you anything about anything. You can easily make a dollar dumpster diving for aluminum cans, but it's hardly a recipe for a sustainable, long-term, scalable business.
      It's like going to the gym to lose weight. It helps newbies who are going to dip their toes in the pool a good idea of how soon to expect results. You and I are different as we are in the industry already but not everybody would have shared our enthusiasm.


      Talk to me about your 100,000th dollar or your 1,000,000th dollar. Heck, talk to me about your 10,000th dollar -- even at that small scale, you get a sense for what's working and what's not. But first dollar? That's like trying to use the temperature when you woke up this morning to predict the weather 100,000 years from now... in Antarctica... Not completely worthless. But pretty close!

      A better, more interesting question might be to ask about the strategies various entrepreneurs employed when launching our sites. There are good reasons some of us make money faster than others. Some of it's luck. A lot of it has to do having a compelling value proposition (i.e., a great website and/or whatever else you're bringing to the table) and even more of it -- at least if you're looking for a fast dollar and not necessarily a sustainable business -- has to do with creating a solid launch strategy.
      That's actually a great idea for a thread.
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  • Profile picture of the author Gary Chapple
    I was going to say 10 years before I made my first sale of $97 (4.5 years ago), but then forgotten I should include Ebay $30k 1st year, trading $900k in 5 years, $12.2k IM in 9 months.
  • Profile picture of the author Rose Anderson
    I ran an ad on this forum and started making money as a freelance ghostwriter within the first month. While it's certainly not "passive" income I love what I do and I've written about a multitude of fascinating topics. Others not so much.

    Rose
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  • Profile picture of the author WarriorWasim
    Back in 2007 I think, I started my first $ and it was around $30. The journey is crazy I love every bit of it. Thanks :-)
  • Profile picture of the author salegurus
    CENSORED....
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  • Profile picture of the author ryanbiddulph
    Hi P,

    Took me many months. But I had lots of blocks around money.

    For on the fence of newbie IMers; the amount of money you make is what you allow in. Or, if you have many zany limiting beliefs around money - most newbs do - then the time it takes may be a minute before you earn your first dollar, or, your first $100 bucks.

    Focus on IMing mainly for fun. When your energy is devoted mainly to giving, the getting aka money making grows easier because you will be busy helping folks, learning, studying, creating value and making friends with pros in your niche. Then money sneaks in the back door.

    Ryan
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  • Profile picture of the author Samfakroon
    Took me 2 years and Loss of some hundreds of dollars jumping from product to product but then I made $5 from fiverr and that made me $1000 the first year which I paid to a mentor all and learnt affiliate marketing which gave me a never ending stream of income.
  • Profile picture of the author shmol
    It took me two months.

    I made it off a clickbank product I promoted through a press release.

    Didn't get another one for a while, though.

    But, man was I stupid--although depending on who you talk to--I am always stupid, I did not build a list from all that traffic I was getting.
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  • Profile picture of the author Affportal
    It took me about 2 months to figure out adwords and get an email submit for a $500 grocery card to turn a profit.

    I'm glad I moved to promoting higher quality offers soon after... The email submits like that never sat well with me.
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  • Profile picture of the author Monica Luve
    My first time making money was through Kindle when I formatted a little ebook about quotes I made... Didn't make much money but it was something.

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