It was in 2015 that I first realized that internet businesses could be an interesting opportunity; and I wish someone had told me “Lorena, here’s how to make your first $1,000” back then.
From 2015 to 2020, I was in an observing position. I was just gathering information, whilst looking up onto those who had started that journey.
It was in 2018 that I realized that I knew for sure I’d like doing that. So I did two attempts in 2018 and 2019, to no avail. I tried to do things my own way, and I did all the possible mistakes one could do when beginning this adventure.
After investing some substantial amount of money, it was hard to realize that my results were a disaster. So I took a step back and thought of how one could start making their first $1,000 online.
With the help of one of my mentors, I have listed three methods.
How to make your first $1,000 online exactly?
Affiliated products
It is very common for business owners to get their training through someone else’s training program.
You can start earning your first dollars by recommending your mentor’s training course – provided that they allow it through an affiliating program.
Each time someone purchases through your affiliated link, you gain a commission. In some countries (and on some products), the commission can be up till 50% of the product’s sales price. So, go on and recommend affiliated products through your affiliation ID.
Coaching
Coaching others is an excellent way to grow whilst gaining from it. It makes you to understand your lead’s difficulties, finding solutions to those difficulties and help them implementing those solutions.
Not only you will have a better understanding of your customer’s needs, but helping them will make you grow.
And you get paid for that.
Speaking of coaching, Afrotitude offers coaching sessions. You can apply and book using this link.
Selling your own products
Ultimately, your end goal is to sell your own products. Affiliated product sales is interesting, but you’ll never get 100% of the sales price as the product isn’t yours.
As for the coaching: time is precious. And we ought to make the most out of it. If you are having many coaching requests for the same issues, you might as well create your own products aiming to fix that issue.
Creating your own products will require a minimum of time and competences. However, this will contribute into building your personal branding.
Do you have any other ideas on how to make your first $1,000 online? I’d love to read them in the comments section.
This article was a guide on how to make your first $1,000 online.