$200,000 Working Part-Time With No Employees
OK, let me cut to the chase here. I mentioned earlier that I've pulled in more than $200,000 in a single year online. Let me clear something up right now though... I did NOT do that my first year online, and you probably can't either. (Contrary to what lots of other "marketers" will have you believe!)
But before you get too disappointed, let me say this... you can do quite well your very first year. I'll share some of my own hard figures with you in a moment so you'll know how well you can do. I'll even show you the step-by-step process I took, so you can copy it if you would like to.
But $200,000 a Year?
"Does your simple, web-based business really pull in that much money?" ...
In a word, YES!
I realize many of you reading this right now may have a hard time believing it is even possible for one person to make six figures a year, from the comfort of home. (Although many of you who have been with me as a BizWeb Gazette subscriber since the beginning may have no problem at all believing it.) But it is exactly what I have been able to accomplish. And that figure could be much higher if I weren't so lazy. (Many weeks I work as little as 12-15 hours - especially during golf season!)
And sure, that figure represents gross income. Uncle Sam gets his hands on a nice chunk too. (Actually, I now pay more in taxes each year than I took home annually at my old job.) But considering I really do work when I want and have no one to answer to, I'm pretty happy with the results so far. A six-figure a year business from your basement may seem outrageous to many, but it really is "par for the course" for lots of new cyber-business owners. (The few who do it right anyway.)
NOTE: Even if a six-figure a year income sounds totally unbelievable in your mind because you've never done it before (or yet!)... then at the very least, allow me to show to you how you can make 4-5 figures EASILY, working part-time with almost ZERO risk!
Now you may be wondering...
"How is all that money made?"
It's all pretty simple actually... About half of it comes from direct sales at my website, where I promote my small selection of manuals. Customers place orders using their credit cards and the money goes into my bank account. The other half of my income arrives via commission checks. Every month I receive a handful of ever-growing checks in the mail. These checks come from a small group of carefully selected affiliate programs I've joined on the web.
But the best part is this... all this "money-making" happens whether I'm working or not.
Now I am NOT telling you all this to brag, and no, I am certainly not "filthy rich." Although six figures a year may seem like a lot of money to some folks, I consider this income just a mere step in the right direction. I plan to increase my income while decreasing my workload even further over the next few years. (Hmm... what a crazy concept... "work less , but make more "... too bad everyone else does it the other way!)
But let's talk about right now, not a few years from now.
Right now, I can think of lots of folks who could use an extra three or four thousand bucks every week. Maybe you're one of them. Or perhaps you'd be happy making even an extra $1000 bucks a month ? Whatever your goals are, I'd like to help you reach them.
But I must caution you before we continue... I will not guarantee that everyone reading this right now will have the same success I've had. Different people have different ambitions. But I can promise one thing
I will reveal every key step I've taken to get here. If you're interested in trading your job for "making a living online," you just got started on that path. And all you have to do is read on, discover the steps I've taken, and copy them! (By the way... you don't have to quit your current job either. Heck, I wouldn't even recommend that at the beginning. But in a few short months, when your online income equals or surpasses your current job, then you can quit!)
Now before I reveal those steps to you, I'd like you to listen to a few more details about my own story. Only then will you realize that I really am just an average, ordinary guy. Actually, years ago I never even dreamed I'd ever have my own business. I never sold a thing in my life and had no desire to. I was pretty content working 40-50 hours a week for the same company for 10 years. I had even made it up to service manager, just before my contentment was shaken by an ugly word -- perhaps you've heard it before...
Downsize
The mid-1990s was not a good time to be a new manager in an old company that had too many employees. As downsizing reared its ugly head, I began to wonder when my number would be up. What would I do without my $400 salary every week? I had zero money in the bank and all my credit cards had somehow gotten close to their limits. I didn't realize it, but I truly was living from paycheck to paycheck.
If I was next to get that famous pink slip, I was in trouble. I had no "plan B" to go to. Moving back in with my parents at 30 was not something I was prepared to do. (I doubt they would have embraced the idea either!) I figured it was time to find another way to make money.
Money Does Not Always Come From Money
Now for some odd reason, I had always believed that people who had money were born into it. Although this is true in some cases, these days it is becoming less true all the time. I'm living proof that you can also make your own fortunes in this world.
In early 1996 I took my modest tax refund ($300) and bought my first computer. It was an old beat up 386 - slow as molasses. I fired it up every night when I got home from my job, and started researching ways to make money online. I bought dozens of books and read everything I could get my hands on. And I failed miserably for three months...
That's right, I failed big time before hitting pay dirt.
The fact is, many now successful entrepreneurs, have failed repeatedly before hitting on something that works. So if you've been trying without success, you're in good company!
My first failure? I figured I would make my fortunes at mail-order. Unfortunately, I had no idea what I was doing. I made exactly $50 in sales during the first two months and my expenses enormously outweighed my income. A total flop, right?
Well not completely. I experienced some very valuable lessons during that short "discovery period" as I like to call it. And within the next few months of this "awakening" I started my rapid ascent. The biggest lessons I learned:
- How you market something is what matters most.
Sure, you need a solid product or service, but you can locate those anywhere. (I'll explain that later.) It's the actual marketing that makes or breaks small businesses and I had no idea of the importance of that when I got started. Once I learned the techniques that really work, I was on my way.
- The real world is no place for a small or home-based business. At least not if you want to double or triple your income every year. There is only one place that this type of rapid income growth can perpetuate in cyberspace. Only online can a "tiny-budget business" experience rapid growth in income. There are lots of reasons for this. Among them are the tiny operating costs, a global customer base, and more. Take my word for it. I am a living, breathing example of just how powerful a force the Internet is for small and home-based businesses.
So how did you get to where you are today, Jim?
Well, as I mentioned above, it was not an overnight process. If you're looking for overnight riches, even online, you can look elsewhere. And you'll find plenty of marketers offering just that. Unfortunately, they won't be able to deliver on it. Folks looking for overnight riches had better stick to playing the lottery. Because your odds of hitting the lottery are better than overnight success in any business. But that's not to say you can't grow an income source online, and do it much faster than you can anywhere else...
With my first failure behind me, by my fourth month in my online business I was up to almost $750 a week in sales. Then after eight months, I hit $1700 a week. And by the end of that same year I started, I was making enough money on my own, part time, to render my once "cherished" 9-5 job unnecessary. Actually, keeping my job was costing me money by the end of that first year. I knew I could make far more if I spent more time in my home business!
I beat my boss to the punch! You should have seen his face.
He probably thought I was coming into his office that morning to ask if I was next in line for the ax. What he got instead was my resignation letter. And by dedicating more time to my home business, my income did continue to rise.
At the one-year mark it went over $2000 per week. And in my third full year, the income from my site and the affiliate programs I had joined surpassed $200,000. And each year as I work less and less, my income has continued to increase . But it's no longer about the money. Sure, the money is great, but working only when I want and spending more time with my family is the best part. The beauty of it is that I now have the freedom to do whatever I want with my time. Not many people can say that and really mean it.
And the most important thing to remember from my example is this: There is no way, you or I or anyone else in the world can attain pay increases like those described above when you are working for someone else. It is impossible. Unless you are a professional athlete with skills that match the greatest players in the world, you just can't do it.
However, in your own business, once you get started on the right path, your income can grow indefinitely. Oh sure, you'll have to do some work. I never said you could make six figures a year without putting in some effort. But hey, if you run your own online business the right way, you can automate most of the work and still get richer all the time.
And remember: Absolutely anyone with a brain can do exactly what I'm doing. All you have to do is follow the steps I've taken...
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