Finally Made Over $10,000+ Last Month Online

61 replies
Well, I joined the WF about a year and a half ago and finally made over $10k last month online (mostly from Kindle ebooks). It's all passive income as well and will continue for the foreseeable future. It's awesome to finally achieve that goal of which I set a few years back

For those of you feeling discouraged or overwhelmed, that's okay! I felt discouraged, afraid, overwhelmed, stressed, and much more along the way. That's just a part of life. But if you're willing to push through all the emotions, stumbling blocks and self-sabotage, you too can achieve your goals!

Here are some of the biggest lessons learned:

1) Become a Master In Your Niche

Don't try to become a jack of all trades. Just become really frickin' good at one thing, better than anyone else out there in the world. Read every book, look at every course, interview every expert in your field. When you can no longer find books or experts that can easily teach you anything new in that field, you've become an expert. Now go teach what you know to others so they can follow your footsteps.

2) You Only Win By Helping Others

People who think you can rip others off and get rich - you suck. Get off the internet. You will earn a lot of money by helping other people solve their problems. If you teach things you don't know, copy other people's work or try to rip people off, shame on you. You're going to be broke the rest of your life because you don't understand what wealth creation is.

3) Go The Extra Mile

I read Napoleon Hill's book The Master Key To Riches recently and it should be mandatory reading for all entrepreneurs. The most important habit for success is the habit of going the extra mile. Don't stop once you've created your product - continually make it better as you learn more. That's how you turn a decent product into a good product into a great product into the best product in the world. And that's why people pay you and refer their friends to you.

Going The Extra Mile means no longer cutting corners and looking for shortcuts to success. If you think you can sneak in the back door of success without giving it your full effort and attention, you're chasing fool's gold. Even if you do get rich that way, you'll feel that sense of guilt inside knowing you never really gave it your all or did the best you could. I recommend learning everything you can from John Wooden, arguably the greatest sports coach in the history of the world. He's got a great .

4) Don't Listen To Broke People

Everyone wants to give you advice. Don't listen to any financial or marketing advice unless they're earning more than you are, or at least enough to know what they're talking about. I still get broke people trying to give me advice on marketing. If it worked then why aren't they earning more than minimum wage?

5) Work Your Ass Off

The 4-hour work week is a joke for newbies - you don't start that way and expect to get rich quick. You work your ass off to build a business first. Then you systemize and delegate it and can work 4-hours a week. But not until it's built. Malcolm Gladwell talks about how it takes 10,000 hours to become a master at something. Well, it's going to take you a long time to become a master at anything working 4 hours a week hoping to get rich without putting in the effort.

Speaking of delegating, do it sooner rather than later. Hire a VA for $3-$5/hour to do mundane tasks as soon as your online business is creating enough cash to do so. You won't need a full-time VA to start, you can get someone for 10 hours a week or so to start, that's less than $200 a month and all that extra time you'll save you can use to do high-value activities that bring in new customers and business.

Finally, Give Back
Once you figure out a system for creating a seriously profitable and sustainable business, go out and give back. Teach others by selling educational products or help clients by using your system to help them earn more.

After a few months, all my friends on Facebook asked me if I could help them get their books published and sell well so that's why I started TCK Publishing and offer a service where we do all the hard work of creating titles, cover design, formatting for Kindle, publishing and marketing for our clients and split royalties 50/50.

If you ever wondered why so many Internet Marketing gurus sell IM training products, it's because it works! Once you find a system that works, the easiest thing to do is just take your system and sell it, turning it into a product or service that helps others. The hard part is creating a system that works, but once you do that, it's a lot easier to take that system and scale it up by sharing it with others.
#$10 #finally #kindle #made #month #online
  • Profile picture of the author higherluv
    You seemed to have learned a lot of wise pearls in such a short time. Judgeing from your advice I'm not surprised you've done so well.

    Thanks for sharing.
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  • Profile picture of the author logmycalls
    This is some great advice! You really focus on some key values to work on. I especially like how you mention to help others. So many people just focus on themselves and their business and their revenue increase. It is refreshing to hear someone to be concerned about others.
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    • Profile picture of the author livo
      Well done Tom

      Really pleased for you,Wow $10000 if only i could make $1000 that would be something.

      Writing Kindle books or any books is not my strong point but i have a friend who is unemployed and has got a fantastic imagination,he could easily write a book no problem, i mentioned that a lot of people are making serious money writing Kindle books but he just laughs.

      I will show him this post and see what he says now!

      You say the majority came from Kindle sales what are the other things do you do to make your money online may i ask?
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  • Profile picture of the author Warrior X
    I agree wholeheartedly with all of those.

    The last one, I would say 'work your ass off' to build a system that will
    eventually pay you without you having to put much more into it.

    I think that was the jist of what Tim Ferris was getting at, and that's the
    difference between an employee mindset and an entrepreneur mindset.

    Great advice though!

    Warrior X.
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  • Profile picture of the author Kim Phoenix
    All really great advice! I agree with all of them, but #5. is really important for new people to understand. You cannot have that 4-hour work week until you have learned a few things, and put systems in place. Congratulations!
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  • Profile picture of the author mattjay
    Congratulations on your success. Those are some excellent insights.
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  • Profile picture of the author Nickmlm
    Thank You for that you have inspired this Newbie
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  • Profile picture of the author xdarata
    This is a very great clue to success and I am happy to read it. I also think like that, though I have not reached that success. We have to have a special experience and the experience can be given to someone else. Do not give anything that we have not got the experience for it. I want to get that special experience. Thank you very much.
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  • Profile picture of the author chrisuchi
    TRUE INDEED, GREAT GUY HERE
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  • Profile picture of the author Theduke2011
    Great read, very inspirational on just focusing on a goal and sticking with it. I was wondering if you were interested in doing any webinars? I am very curious because if your ebooks are selling that well, a webinar may be the next step for you to top that $10,000.

    Get a hold of me when you find time, I would like to converse with you sometime!
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    • Profile picture of the author LilBlackDress
      Congrats! Awesome news on your Kindle earnings and great tips!
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  • Profile picture of the author MKCookins
    Great read Tom. May I ask more on how to made your money? Did you create your eBooks and then market them online.

    Or did you have someone else create them then you promoted them as an affiliate?
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  • Profile picture of the author Danny Shaw
    I have a few g's set aside for this kind of project. A clickbank product, a wso, a kindle book..... who knows but I feel all will be a good ROI.
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  • Profile picture of the author konakid
    Congratulations, and thanks for sharing your tips! It's always really nice to hear success stories to get some more motivation and ideas.

    Are you going to stick with kindle or have you thought about branching out and trying other things now that you've found success with one thing?
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    • Originally Posted by konakid View Post

      Are you going to stick with kindle or have you thought about branching out and trying other things now that you've found success with one thing?
      Still testing other distribution channels. Not happy with Smashwords at all. Pubit (B&N) and Kobo might be okay. I'll just have to keep trying new things and testing.

      If you mean like completely different businesses, well I started a publishing company. That'll keep me pretty busy. Why start a new unrelated business when you can expand on valuable knowledge and experience and enjoy it?
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      • Profile picture of the author Russell Mark
        Originally Posted by AuthenticHealthCoaching View Post

        Why start a new unrelated business when you can expand on valuable knowledge and experience
        This guy totally gets it. Well done AuthenticHealthCoaching, hope to hear more from you in the future!
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  • Profile picture of the author Evocess
    Firstly, Congratulations to your success!
    I highly agree with the tips that are listed above.

    Earning online is not that easy you need to go for extra mile to make your business grow.
    I would also suggest is you need to have a model that will really inspire you to work your ass off.
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  • Profile picture of the author Deezign
    Congratulations Tom. It is always motivating to see others succeeding online Thank you for all your great advice. I guess a lot of warrior members can benefits from them!
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  • Profile picture of the author John Romaine
    I'm not doing anything with Kindle, but I feel I should be.

    The only thing that has me confused are that ebooks are selling at like $3 a pop.

    You must be selling high volume, yes?
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  • Profile picture of the author Malcolm Thomas
    Solid information and advice. This post has really summarized everything it takes to be successful in the online world. Great post.
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  • Profile picture of the author theory expert
    Banned
    If you think you can sneak in the back door of success without giving it your full effort and attention, you're chasing fool's gold. Even if you do get rich that way, you'll feel that sense of guilt inside knowing you never really gave it your all or did the best you could.
    I think I would feel just fine whilst I bury my guilt in the cash I swim in viewing ocean views in the yacht..LOL.. Just my opinion.
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  • Profile picture of the author sweetcrabhoney18
    Thank you for sharing both your success and your advice. You are right about every point. I was inspired by your statement of " if you're willing to push through all the emotions, stumbling blocks and self-sabotage, you too can achieve your goals!" I'm having such a bad week already I needed to read that so thank you again and Congrats.
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    keep moving forward

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  • Profile picture of the author Anton543
    Sometimes you can read too many books on a subject for your own good and be pulled in all directions, not knowing which to take in the end.

    It would be interesting to know which tasks you outsource to the VA.
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  • Profile picture of the author AffluentGifts
    Wow. Thank you for this. Just gave me more inspiration and practical advice in 2 minutes than many of the products I've bought.

    I've had a passing interest in IM for 10 years, but never really put enough of myself into it, and never really had the resources to do it right. I needed to make quick cash and so I spent a lot of time failing. A few years ago I built a small Amazon site about something I was personally interested in learning about. Suddenly it was easy to interact with others through social media, promoting my site wasn't a chore - often it was a direct answer to their question (usually "where can I buy _____ online"). I made about $180 in my best month but more important was that lesson. Make it an answer to their question.

    I haven't really been active online for the last 2 years or so, but I've been working on some cool projects now for a few weeks. I look forward to using the advice you gave in this short post to help people on and off the forum and achieve success in on- and offline ventures.

    All the best,

    Peter
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  • Profile picture of the author odinstorm17
    Thanks for your advice, especially about working my ass off. I love the book Outliers by Malcolm Glad well and his 10000 hours rule. You can only archive the true mas ter of your art if only you put at least 10000 into practicing it.
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  • Profile picture of the author USA
    Very wise words of wisdom Tom. It took me many years of trial and error to learn what you just detailed and condensed in but a few words. To anyone reading this post who has yet to find his place in the IM world, Mr Knowles simple yet profound advice, if followed devoutly, will most assuredly lead you to success.
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  • Profile picture of the author HzCy
    Great advice - thank you very much.

    And good luck with your future.
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  • Profile picture of the author kamonlojn
    Great advice, thank you so much.
    Congratulation for your success
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  • Profile picture of the author smodha
    The 4 Hour Work Week is definitely not for newbies. You need to understand every task and every process before you outsource. The common misconception with outsourcing is that someone else is running your business. That's a myth. You are outsourcing processes, not your business. You control the business.

    Don't forget that kids.

    Btw - great thread
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    • Profile picture of the author jachu2
      Great inspiration thread mate! I have been thinking about putting my guides up on kindle too
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  • Profile picture of the author tziahs
    Great post! Especially the work your ass off.... Unfortunately, most of us won't actually comprehend the exact meaning until we apply it on ourselves. It's a common misconception that IM involves just browsing the web a couple of hours per day.
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  • Great list. I would like to add one more point...

    6. Learn the 80/20 rule in your business, and leverage it: 80% of your revenue comes from 20% of your products/services/affiliates/resources/activities/etc. Identify ASAP who/what that core 20% is, focus your personal efforts on it, and outsource/staff the remaining 80%. You should spend your personal time/efforts in the very core of your business only, and let employees deal with the rest.

    This is a very important lesson in business as a business owner. Otherwise, you will spread yourself too thin.
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  • Profile picture of the author tonyb23
    Awesome man. Great advice. Very inspiring to hear success stories like yours.
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  • Profile picture of the author +newportone
    Best advice , thanks, IM is an intense career , not a hobby
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  • Profile picture of the author Zakhar
    By the sounds of it, you truly deserve the success. thanks for the nice read.
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  • Profile picture of the author Kenster
    To the OP...


    HOW FREAKING GREAT IS THE INTERNET!!!!
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  • Profile picture of the author LList
    Thanks for sharing and CONGRATS to you!! You've inspired many with this thread!
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  • Profile picture of the author bigjara
    At lot of people don't understand that most passive income streams require a fair amount of work "up front" and only becomes "passive" later down the road.
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  • Profile picture of the author ErnieH
    Good tips in your post and congrats to you.
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  • Profile picture of the author Will Edwards
    Great TED Talk - thanks for posting - and good luck for the future.

    Will
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  • Profile picture of the author jasondinner
    Nice job Tom!! And great portfolio you have there

    I'm sure you're doing it already, but if you're not and want to double your income, make sure you have ways in your books to get people on your opt-in list.

    Maybe its a free bonus they can only get by subscribing to your newsletter.

    But this way, you will also be building a list you can market to over and over again. Your list will be an asset that will keep on producing revenue for you.

    Keep up the good work and great advice too btw!!
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  • Profile picture of the author ownergolan
    this is gold. thank you
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    • Profile picture of the author Haroon Ballim
      What often happens to many of us , especially in the beginning is that we are all over the place , jumping from one product to the next , without really trying many out for a sustained period.

      You are so right about focusing on one particular aspect and giving it your all . Focus and things just become easier
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  • Profile picture of the author Nathan Bumstead
    Originally Posted by AuthenticHealthCoaching View Post

    1) Become a Master In Your Niche

    Don't try to become a jack of all trades. Just become really frickin' good at one thing, better than anyone else out there in the world. Read every book, look at every course, interview every expert in your field. When you can no longer find books or experts that can easily teach you anything new in that field, you've become an expert. Now go teach what you know to others so they can follow your footsteps.

    Great advice... One of my favoriate quotes of all time is (and I'm not just saying that): "If you work hard on your job you can make a living... If you work hard on yourself, you can make a fortune."

    It's good to read through "lessons learned" from someone who did so well. Thanks for posting.
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  • Profile picture of the author holicanmc
    Congrats! It's always nice to see when it's working out for others, gives me hope
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  • Profile picture of the author ijohnson
    AuthenticHealthCoaching,

    Great points made ... and they're well taken. Congratulations on your achievement!!!

    QUESTIONS:
    1. How many books do you currently have listed on Kindle?
    2. Are your Kindle books in the health category or various categories?
    3. How long have you been publishing on Kindle?
    4. What have you found to be the most difficult task you've faced to create these Kindle books and get them published?
    5. What is your strategy going forward ... do you plan to create and list a certain number of books every week, month, quarter, etc. to scale it up?

    Thank you.
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  • Profile picture of the author serresser
    "I am a great believer in luck, and I find the harder I work, the more I have of it." ---Thomas Jefferson

    Apparently, you're a really 'lucky' guy! Congrats and gr8 tips! My favorites have always been something similar to #4: Never let someone who hasn't done something, tell you you can't do it.....and....If you're the smartest person in your circle, then your circle is too small!
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  • Profile picture of the author lucidbs
    Thanks and congrats for your success. I think to really become successful you need to have the passion and drive first. Like Tony Robbins said the RPM plan (Reason, Purpose, Method) Once you figure your reason and purpose, the method will come.

    Keep it up!
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  • Profile picture of the author himanuzo
    To reach earning $10,000/mo, you need to focus one niche. One niche is enough for making money at least $10,000/mo.
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  • Profile picture of the author rapidcereb
    Great advice, and yes you are right, it is probably best to master one topic and stick to it. I am writing a trilogy of books, and i do consider myself to be knowledgeble in the topic of my first book, which is on holistic healing. I am however going to be moving into uncharted territory with the next book. Gotta get studying.

    With selling kindle books, does it take 3 months before you get your first payment from amazon? thats just what i heard but not too sure
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  • Profile picture of the author Jay27
    Tom,

    Thanks a lot for the inspiring post.

    I'd be lying if I said I learned something new. But even if you already know all this stuff, it's a great thing to refresh that memory!
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  • Profile picture of the author AndrewCavanagh
    Great advice.

    The obvious next step in business for you would be to go
    back to your purchasers and offer higher end courses and
    consulting.

    At a minimum you could offer them related books but I imagine
    you're already doing that.

    It's great when you have your first great month after working
    your arse off for so long.

    I hope you see many more.

    Kindest regards,
    Andrew Cavanagh
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  • Profile picture of the author kelvintoro
    Thanks for the tips and congrats on your earnings. That's a big amount to earn for only a month.

    I agree that it is important to concentrate on one niche. That way, you would master it. People who read your content would know if you really know what you're talking about or you're just talking about basic stuff.
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  • Profile picture of the author Heart Cardio
    First off congrats to you on this. What a great accomplishment you have made. how exciting for you. I think that you have offered some great tips on here. I have looked into ebooks before. Are you writting these yourself? Just curious as to how you do it?
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