6 Ways To Make Your First $100,000 Online
Sales rep
the first way to make your first 100K online is by being a remote sales
rep even if you've never sold
before it was still a skill that you can pick up relatively quickly
now I would say for everyone watching there's a third of you that'll be
incredible naturally at sales there'll be a third of you that can learn and
easily make a hundred thousand dollars a year by being an online sales rep and
there's a third
of you that I would just say avoid sales like it's just not your
calling it's not your strong suit and it's better you make money elsewhere but
as I said for two-thirds of you you'll have a natural Talent at selling or it's
something that you'll be able to pick up
very easily and go on to make 100K your plus now I have sales reps for some of
my companies for example my software company we're literally within five weeks
someone starts with zero experience and they're making five thousand dollars a
month literally within the space of five weeks and that's definitely a great
pay but honestly as an online sales rep you should be targeting 120k a year in
fact one of my sales guys for one of my companies did thirty four thousand dollars
last month in commission so that's pure take home profit that's his money in
pure commissions the best part of being a sales rep these days is the fact that
you can be remote and obviously that's a big plus and a big positive and look
if you're watching this and you're thinking uh I don't know what makes me
special compared to another sales rep well then when you start agree to half
the commission that normal sales reps get and then as you start hitting certain
benchmarks have your commission structure go up to match basically what
everyone else is getting at the company
flipping sneakers
the second way to make your first 100K is by flipping sneakers now
this is a world that I am not too involved with but I have become a bit of an
end consumer I usually dress like a grandpa on 90 of my wardrobe is Laura Piana
zenya Brunello but one of the things that I do like are sneakers you know so a
lot of times I'll throw on some Travis lows or maybe some dunks and you need to
understand I'm going to be spending three to ten times the retail price of the
shoe so this is a very lucrative world and if it's something that you can
educate yourself on well then you can capitalize and it doesn't even need to be
a pair of super hype pieces for example it could just be some New Balance 550s
which I actually have a pair of and these shoes go for double retail so whether
you have the right systems in place to actually get it at retail Market it
correctly and make a 20 to 30 markup on eBay there's undeniably a lot of money
to be made in the world of sneakers it reminds me a lot of the World of Watches
which I know like the back of my hand I can't argue plus the benefit is that
the stakes are a lot lower so mistakes are less expensive as well so look you
will never see me flipping shoes like Benjamin kicks but I have seen with my
own two eyes just how profitable it can be
youtube
the next way to make your first hundred thousand online is with
YouTube you know for all of you watching this I'd say only 10 of you have it Factor needed to be successful on YouTube but even just the 10 watching you
know let's say this video gets half a million views that are still 50 000 people
who can start YouTube channels and go on to make their first 100K online with
it so for those of you that have the ability attention really is the new
currency I can't tell you just how life-changing creating a YouTube channel is
and it's not too late either you know you can make great money on YouTube I
personally make between 80 to 100 000 a month from AdSense and I've also been
offered between 100 to 120 000 a month in sponsorships by an agency that
represents the top talent in this
Niche so you'll notice that I'm probably the only person in the
space above 500 000 subscribers that talks about business finance that doesn't
do sponsorships and that's because I like my freedom to be able to speak about
you know how when people scam how climate change is all a hoax to control
people even further tax them even further on just their day-to-day living I
like the fact that I could talk about that stuff on my YouTube channel so for
me, I literally turned down 1.2 to 1.5 million
dollars a year and that's at the current rate and we're growing
super quickly so that will probably be 2 or three million dollars and I mean
look who knows if I can still talk about that stuff and still get great
sponsors I believe in then who knows maybe in the future I will so between
AdSense and you know sponsorships if I wanted to take it I could be making 2.5
million dollars a year just from YouTube now bear in mind I am in the highest
paying AdSense Niche so I get paid a lot of money for every single one of my
videos I honestly think that not everyone is cut out for YouTube but it is a
work in progress I mean I'm just gonna play a couple Clips right here from 2015
when I first started my YouTube channel guys I severely underestimate just how
much time effort commitment goes into making YouTube videos I just want to talk
about something that's been on my mind and that's disassociating yourself from negativity
negative people as you saw in today's video I'm getting paid a good amount of
money to run their branding so just remember you won't be great to start with
but it's worth taking the first step
dropshipping
the next way to make your first hundred thousand dollars online is by
Drop Shipping so Drop Shipping is finding products online and basically marketing
them through Facebook ads Google ads Tick Tock whatever it may be and then
having a third party actually deliver the product so that way you're basically
just the middleman so you make the margin and never have to deliver the product
now that sounds amazing Until you realize that the gross margins are so small
and then you're having to spend so much money on Advertising that by the end
it's just not even worth it and yes for that reason I've never been a fan of Drop
Shipping in the past because more people lose money from ads and they actually
do succeed but the reason now I'm mentioning it is because with free sources
like Tick Tock you can actually get free traffic so that means it's costing you
nothing from an advertising perspective and then obviously you've got someone
else to deliver the product so you know your margins aren't the best but still
even at 30 margins 20 margins it's still a very viable business model now do
bear in mind that finding a winning product is a lot of trial and error just a
lot of like banging your head against the wall and trying to find something
that works and then obviously once you find something with the works traffic so
not everyone can succeed not everyone can win in it but I think it's definitely
a very viable way to make your first hundred thousand dollars online by the way
Drop Shipping was one of the eight business models I talked about in that video
where I go over the money making Matrix so as I mentioned earlier I will leave
a link to that video down below
courses
courses are one of the best ways to make money online if you're
very knowledgeable about a topic
that said most people are so scared to launch and it flops or
people are unhappy and request refunds I can honestly say that launching
courses and being successful long term is a very difficult business to get into
it's been one of my businesses for four years back when I launched a course in
2018 eventually made that an education company brought on proper employees started
taking some of that profits and using that to build schools in Nepal which
we've actually successfully done
five of and then from there actually building a custom e-learning
platform so it's been a very long and difficult journey and at my education
company great agency we have 60 full-time people who work at the company with
over four million dollars a year in payroll so when I talk about that AdSense
money for example that's great Until you realize I have three full-time
thumbnail editors I have three full-time video editors to actually market and
actually show people the brand I have 12 full-time student success concierge
these are basically VIP concierge staff they get assigned to every single
person who enrolls in one of our programs plus all the other fun stuff you need
in a company coo operations manager this that it's very difficult business to
do it at super high level like I've done it and that's because I love online
education but for most people they just want to be able to sell a course be
able to sell their knowledge and just make some good money from it the highest
earning online course I believe it did over 100 million dollars in sales was
actually a course on how to use Excel sheets so for example if you're really
good at organizing and using notion then you can make 100K a year online from
it and I will say that half of the puzzle is making the program good the other
one is getting eyeballs to it and that's really where most people struggle and
don't realize just the amount of effort that is needed to actually do marketing
and get customers so this is why I always recommend for people to actually
launch courses on skillshare but skillshare has a very similar royalty model to
Spotify and I have personal friends of mine that make over fifty thousand
dollars a month just by launching a course on skillshare and obviously
skillshare is the marketplace so skillshare kind of does all the marketing for
the Creator so I would say this is definitely the best way to launch a course
with sort of your training wheel Wheels on the next way to make your first
hundred thousand dollars online is also great because it involves zero work to
actually make the product and that is affiliate marketing
affiliate marketing
now affiliate marketing involves you taking a product or a service you know maybe even software and basically, you promote it and get a kickback from it some of the biggest companies on Earth, for example, Amazon even have affiliate marketing programs now I personally make forty thousand dollars a month for affiliate marketing and that's just one product and I don't even mention the product publicly anywhere so if I really wanted to and I wanted to promote certain different software and stuff like that I could easily make between 100 to 200 000 a month from affiliate marketing now a few years ago I would have said that this isn't a real business model because the only way that I can earn this money from affiliate marketing is because of sort of the brand that
I have not everyone can replicate that as I said I have three full-time
editors and three full-time thumbnail people just for YouTube alone so I never
used to consider this sort of a beginner friendly business model but now these
days with free traffic sources like Tick Tock or even Twitter I'm really seeing
the ability for someone to gain free traffic and use that to convert affiliate
sales and make a full-time income the best part is If the product isn't High
demand it basically sells itself and this is basically what you saw earlier
this year with Andrew Tate's Hustlers University it was a simple affiliate
marketing program and Tate was growing so quickly and in such high demand that
there were people who were literally making five ten thousand dollars a month
just by taking podcast clips of him and basically posting it on Tick Tock
YouTube shorts reels whatever it may be it was great for them and it was genius
from Tate because he went on to be the world's most Googled man so promote a
software a course a supplement whatever you know is in line with your beliefs
whatever you believe is actually a great product because that obviously makes
it a lot easier to promote it and then find a traffic Source preferably something
that's free and if you can build up those free traffic sources well then you
can sell affiliate offers from it
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