What you did with your first online income ?

by abdulquddus

Posted: 16 years ago 48 replies

INTERNET MARKETING

Hey warriors,

What did you do with your first online income... This thread will give newbies to take a proper decision

I re-invested it and got more returns

#income #invested #online

LaneB 16 years ago

My first cash flow stream, or muse, took me too long to build and cost 3 times as much had I known then what I know now.

That being said, I used to first stable cash flow to pay myself back and bootstrap into progressively more ambitious project.

As soon as your IM activities are matching your 9-5 salary, its time to blow up the cubicle and do whatever you feel like doing.
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lavenderchartreuse 16 years ago

I'm a newbie and looking forward to the replies. Mamma's gotta pay those vet bills, invest in a new outfit or two and save for a replacement car. That's my plan...

Then I'll think about traveling to see some friends in Europe with my honey.

Michelle
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- LaneB 16 years ago
  
  Well, you best get cracking on cranking out those products or promotions! Before that, I'd spend a TON of time lurking and learning here.
  
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hatingtherain 16 years ago

paid my phone bill
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- Jeremy Kelsall 16 years ago
  
  I bought my son a gokart
  
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kaswistry 16 years ago

I bought myself stuff. Haha. But then again, I was ony 17 or 18 at the time
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John Atkins 16 years ago

If I remember correctly I saved some of it and used the rest
to try PPC advertising.
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raradra 16 years ago

I used it to outsource my second project
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Maverick4090 16 years ago

My first online income came in the form of a pre-paid World of Warcraft game card. So I played WoW for two months. Win!
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flowerwedding 16 years ago

i go for a second project.
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jushuaburnham 16 years ago

Invest in offline business.
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John Durham 16 years ago

Paid my bills...
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dadamson 16 years ago

Re-invested in my business. Re-investing allows you to reach your overall business goals faster.
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- Ryan Johnson 16 years ago
  
  With my first check, I bought a tire for the dirt track car. Yep, wasn't much, but it got me into the game and starting to try to improve on the first.
  
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vstar00 16 years ago

invest, tralala
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- jan roos 16 years ago
  
  I invested every penny back into my business until I had a big enough income to quit my job and paid off most of my debt.
  
  Cheers
  
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MikeLiving 16 years ago

I used it to start five more sites. Then I used that income to start another five sites. By my third "payment" to myself I could make my pay my car payment and insurance. Oh and my online income bailed me out of jail in June...
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John Romaine 16 years ago

It was a $5 transaction back in 2006 I believe. Once paypal took their cut, I was probably left with $4.85. I have no idea what ever happened to it
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MarketingVet09 16 years ago

Did some reinvesting and moved into my own place (away from roommates).
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jamescoa 16 years ago

I put this money to investment and get some education in IM.
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- Luis Medilo 16 years ago
  
  Dated my girlfriend.
  
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  NeilC 16 years ago
  
  Invest it back into your business until you can get to a decent level, there's so much that can be speeded up when you can afford to do that.
  
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Greenwarrior 16 years ago

Went to Aruba,with 1/2 and re-invested 1/2 in the business.
Ian
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DireStraits 16 years ago

My first online income came back in 2003 or so, from providing web hosting and domain-name registration services, and a bit of web-designing.

What I did with my very first payment, I don't recall exactly.

I do remember I spent absolutely thousands of pounds on random stuff over the next couple of years. DVDs, books, guitars, guitar amplifiers, random guitar accessories, computers, games consoles, online subscriptions, magazine subscriptions, etc. Everything, really.

And when faced with the task of selling off or dumping a lot of it later (due to a lack of space or need), I wished I'd have just saved my money and used more of it for travelling and the things I really care about.

You live and learn, eh?

I'm not as dumb as I once was, but I'm still far from being smart - and I'm certainly more frugal and wise when it comes to spending money.
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- AndrewCavanagh 16 years ago
  
  Yes it's boring but I also used the money to pay bills.
  
  I didn't have a job.
  
  Big motivator to make income without spending any money to do it lol.
  
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  Andrew Cavanagh
  
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getsmartt 16 years ago

I used it to buy the former GF (now fiancee) an engagement ring
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gskesavan 16 years ago

I got drunk and wasted it. When I realized my hard earned cash was gone in an evening, I was verrry motivated to make more money. I am mature enough to not spend it like a fool now.
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EpicPerformance 16 years ago

Paid my bills off, bought some nice shoes and then reinvested back in to building my online business and have been doing it ever since!
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moneey 16 years ago

re-invested on my business to grow faster
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imkazu 16 years ago

nothing beats getting that first check, you get lots of motivation/ideas out of it
i re-invested that into advertising dollars
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Bingo123 16 years ago

Just deposited it into my account really and carried on
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Mega B 16 years ago

Re-invested it again straight away so i was cash flow positive from day one and have been that way for 4 years.
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- abdulquddus 16 years ago
  
  Hi All of you guys, thanks for posting.
  
  Keep the experiences coming
  
  Thanks
  
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AdiPurush 16 years ago

My first online income was like "come and gone" because i was in need of money badly so i didn't even think of reinvesting it and have to pay some debts. And when income get increased (within last 3-4 months) then first thing i did was buying war room membership.
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JamieSEO 16 years ago

Reinvested it all in more websites
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sk8er431 16 years ago

i bought a cellphone on ebay worth $100+ I was happy then =D
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- Jill Carpenter 16 years ago
  
  I bought a bottle of Veuve Clicquot (grande dame) and proceeded to drink it.
  
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- unclejoe 16 years ago
  
  When I got my first check from Adsense I reinvested it. At that time I had lost lots of money to that point so I promised myself that I would get myself cash positive from that point forward. I dont buy anything now unless its a killer product and if i buy through clickbank and the product doesn't do what the sales page says then i get a refund.
  
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Diana Lane 16 years ago

Spent some on beer, but wasted the rest.
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- Adam1981 16 years ago
  
  I invested the profits I made from my first profitable week in supporting the local economy and networking
  
  Or in other words, I took some of my friends to the pub and paid for the drinks
  
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jamjar919 16 years ago

Still In Paypal and i might be paying it all on christmas presents as my bothers dont have a paypal
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- Pixus 16 years ago
  
  I won a logo contest so I bought some beer for further inspiration
  
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aandersen 16 years ago

My first clickbank check was almost exactly the amount as my rent (I think within $5), so it payed my rent.
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IM Outsider 16 years ago

Bought 15 new domains!
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Jonathan 2.0 Banned 16 years ago

I'd love to say something clever like I invested it back into my "business." However, the truth is, after I finished jumping up and down, I banked it and then spent it.
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- winds 16 years ago
  
  Hookers and blow...but then I realized I didn't have a 'guy' and already had a 'girl', so I bought a new computer chair instead - well that and a plane ticket to Hawaii, but I had already planned on doing that anyways.
  
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Fun to Write 16 years ago

I honestly can't remember. It was so long ago. Probably just spent it on food, rent and bills.

Sure, it's great if you have the presence of mind to reinvest it into your IM business. But most probably just spend it for everyday life stuff.
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Anonymous Affiliate 16 years ago

I bought a new computer and an external backup Hard Drive. My old laptop was totally wasted so I "re-invested" in my business with a new Dell PC with my first $1,000

Man, those times were exciting... I remember getting my first check from Clickbank and I was like if I had won the lottery!
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