How far fetched is 100,000 a year?

Well you would need to make about $300 per day to make $100,000 per year. If you can sell $300 per day on average worth of stuff, then yea you can make that much money each year.

People make it to that level by having their own product, and lots of affiliates.

Im is not as easy as it seems bro it sometimes is even harder than concrete and motar business. It's true that you can earn that much from physical business too and about working while traveling is a myth. If you want to earn 100,000 per year you must work really seriously for initial years until you brand yourself and have long email list. Once you reach that position than may be we beginers can do that. Just my 2 cents

It really is just simple math, and learning the right tactics. Most people that aren't making anything are trying everything; pick one method and do it til it makes money. 100k a year will happen, but not overnight, no matter how ebooks and auto software you buy. I'm not trying to be insulting, I spent over $500 on different IM tools, and the most successful I've been is with the free methods. Funny :-P

thanks for all the replies... i hear alot of great techniques... how many people here are implementing these techniques and making this kind of money or more?

Why is this a myth?

Is it possible? Well you have the whole world to market to...Which includes billions of dollars in circulation. So YES...It's very much possible.

Now if you are asking is it possible for you? Well that depends upon what you are willing to do to get there.

Every successful person out there is willing to do WHATEVER it takes...And if you have a similar attitude. I would say even millions are possible for you.

Ask yourself this- If I didn't believe it was impossible...What would I do?

You will automatically find ways to make way more than 100k per year.

Cheers.

Of course it is possible. Not only is it possible, it can be much easier than some people make it or would have you believe.

Thousands of people do that every single year.

There isn't only one single method of doing it... there are hundreds.

Just look around the forum here, you can gather enough info here to create a 7 figure business.

Don't let any limiting thoughts stop you. Create your $100,000 (or whatever figure you need/want) plan and implement it like your life depends on it. That's what I did...

Peace

Jay

p.s. If Steven Wagenheim can do it by publishing articles, then imagine what you can do with some leverage?

definitely it's possible..you need to be determined and have a looooot of patience, and in the mean time don't give up.. I know I didn't give you some cool tip which will help you make money fast, but believe me, this is the most crucial tip to succeed online..and when you come to certain stage, 100k will be achievable in one good product launch

Someone already mentioned a few calculations, but if your income goal is $100,000 per year then you must take into consideration what it is costing you to achieve that goal. Earlier you said you have spent around $800 without any earnings. The $800 isn't your only loss, unless you work for free. Add to that your hourly wage. And every three months, subtract your quarterly tax payment to the IRS.

About $48.08 per hour, working 8 hours a day, 5 days a week, 52 weeks a year, will add up to $100,006.40. But you don't really get to keep all of that after you subtract the cost of doing business, such as:

- web hosting provider
- Internet service provider
- domain registrar
- graphic designer
- books and magazines
- travel costs to conferences
- sales tax
- liability insurance
- income tax
- annual renewal for LLC, and incorporation costs
- registered agent
- business license
- loan payments
- office rental
- mailing costs
- faxing, photocopying and printing
- printer ink cartridges or laser toner
- cellphone bill
- savings and retirement
- and plenty of other fun stuff

How did you decide to target $100k per year? And did you mean that figure to be income only (your take home pay), or sales revenue (projected sales from products and services), or profit (all business income minus all business expenses)? I think it is entirely possible to reach this level.

$100K is more than just possible. It has been accomplished by dozens of IMers I have personally known.

It also doesn't take affiliates although that is one good business model. A friend of mine sold 20 licenses to software for $5K each to make $100K in 13 days. Another friend sold 1,000 copies of a CD home study course for $1K each in a single day. Neither used a single affiliate.

I'm not knocking affiliates. I run a successful affiliate program. I am just echoing that there are thousands of ways to make $100K per year with or without an affiliate program.

I personally passed that mark many many years ago. I know from personal experience.

Wow, some good advise here!

creativity is your best tool to reach 100k a year, or even 100k a day.
other than that, just rinse and repeat what other successful people have done.