THERE ARE NO OVER NIGHT SUCCESS STORIES
If someone tells you, you can make thousands of dollars in 1 hour they are lying to you. My success has come from building multiple streams of income from multiple sources. The key to remember is that any money is still money. It doesn´t matter how small it is it all adds up. One of my ventures is making me $10 per month another one is making me $3.95 per month recurring whereas another one is making me daily commissions of $127 it all adds up!
This is what have done to build up my income streams.
Each month I set myself a goal and work out how much money I need to make to cover my expenses, bills, rent, food etc. Then I write down how much I want to put into my savings account and investment fund. I also work out how much money I need to spend on my business for example domains, hosting, email responder etc.
I write down my goals and put them in big writing in the bathroom so I can read it every morning when I wake up and before I go to bed each night.
So now I have my goals set out I work out exactly how many websites I need to flip to make this amount of money. How many sales I need to make or how many commissions I need to make per day. Then I get to work hard on my various ventures.
Remember to start small if you are just starting out don´t give yourself unrealistic goals. Work out how many gigs you need to sell on fiverr for example.
Now here is my golden tip. If you want to build a solid business model and achieve a reliable full time income choose products that have a passive income for example:
- Promote subscriptions to products. You will get a commission every month as long as they remain a member.
- Adsense can be a great recurring income as its set and forget. Once your links are placed on the net you can just leave them and wait for the clicks to come in. Do the work one time and get paid for life.
- Create your own membership sites.
- Create your own products and get affiliates to promote your products for you. They do the marketing you get paid!
I am a strong believer in 2 books that have changed my outlook on Internet Marketing if you haven´t read them make sure you go out today and purchase them or even better put the audio books on you ipod!
- The 4 hour Work Week
- Rich Dad Poor Dad
These are lifechanging books.
Please don´t hesitate to ask questions.