What you did with your first online income ?

48 replies
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
  • Profile picture of the author LaneB
    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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  • 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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    • Profile picture of the author LaneB
      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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      SEO
      Paid Traffic
      Growth hacking
      PR
      Re-marketing
      and all other forms of money getting otherwise rarely taught elsewhere
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  • Profile picture of the author hatingtherain
    paid my phone bill
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  • Profile picture of the author kaswistry
    I bought myself stuff. Haha. But then again, I was ony 17 or 18 at the time
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  • Profile picture of the author John Atkins
    If I remember correctly I saved some of it and used the rest
    to try PPC advertising.
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  • Profile picture of the author raradra
    I used it to outsource my second project
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  • Profile picture of the author Maverick4090
    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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  • Profile picture of the author flowerwedding
    i go for a second project.
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  • Profile picture of the author John Durham
    Paid my bills...
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  • Profile picture of the author dadamson
    Re-invested in my business. Re-investing allows you to reach your overall business goals faster.
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    • Profile picture of the author Ryan Johnson
      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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  • Profile picture of the author MikeLiving
    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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  • Profile picture of the author John Romaine
    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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  • Profile picture of the author MarketingVet09
    Did some reinvesting and moved into my own place (away from roommates).
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  • Profile picture of the author jamescoa
    I put this money to investment and get some education in IM.
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    • Profile picture of the author Luis Medilo
      Dated my girlfriend.
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      • Profile picture of the author NeilC
        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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  • Profile picture of the author Greenwarrior
    Went to Aruba,with 1/2 and re-invested 1/2 in the business.
    Ian
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  • Profile picture of the author DireStraits
    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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  • Profile picture of the author getsmartt
    I used it to buy the former GF (now fiancee) an engagement ring
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  • Profile picture of the author gskesavan
    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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  • Profile picture of the author EpicPerformance
    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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  • Profile picture of the author moneey
    re-invested on my business to grow faster
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  • Profile picture of the author imkazu
    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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  • Profile picture of the author Bingo123
    Just deposited it into my account really and carried on
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  • Profile picture of the author Mega B
    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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    • Profile picture of the author abdulquddus
      Hi All of you guys, thanks for posting.

      Keep the experiences coming
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  • Profile picture of the author AdiPurush
    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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  • Profile picture of the author JamieSEO
    Reinvested it all in more websites
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  • Profile picture of the author sk8er431
    i bought a cellphone on ebay worth $100+ I was happy then =D
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    • Profile picture of the author Jill Carpenter
      I bought a bottle of Veuve Clicquot (grande dame) and proceeded to drink it.
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      "May I have ten thousand marbles, please?"

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    • Profile picture of the author unclejoe
      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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  • Profile picture of the author Diana Lane
    Spent some on beer, but wasted the rest.
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  • Profile picture of the author jamjar919
    Still In Paypal and i might be paying it all on christmas presents as my bothers dont have a paypal
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    Feel free to ask me any IM related questions or add me on skype :D
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    • Profile picture of the author Pixus
      I won a logo contest so I bought some beer for further inspiration
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  • Profile picture of the author aandersen
    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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  • Profile picture of the author IM Outsider
    Bought 15 new domains!
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  • Profile picture of the author Jonathan 2.0
    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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    • Profile picture of the author winds
      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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  • Profile picture of the author Fun to Write
    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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  • 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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