Earning money online does not have to be mysterious or complicated. If you can just start by offering a service or coaching/consulting and use those interactions to start building digital products (later on), you can actually get to $5k per month in income in a relatively short period of time.
$5k/mo Online Business Income Fast Track $60k per year
Service Based Business
1. Service Based Business - Trading hours for currency.
Examples: Web Design, Graphic Design, Email Marketing, Virtual Assistant, Video Production, Accountant, Bookkeeping, Social Media Specialist, etc.
$5,000/mo ➗ $50/hr = 100 hours/mo (25 hrs/wk = 5 hrs/day 5 days/wk)
$5,000/mo ➗ $75/hr = 67 hours/mo (17 hrs/wk = 3.5 hrs/day 5 days/wk)
2. Coaching/Consulting - Trading hours for currency.
Examples: Financial Coaching, Life Coaching, Health And Wellness Coaching, Sales Coaching, Business Coaching, Executive Coaching, Team Coaching, Technical Consulting.
$5,000/mo ➗ $150/hr = 33 hours/mo (8 hrs/wk = 1.6 hrs/day 5 days/wk) $5,000/mo ➗ $250/hr = 20 hours/mo (5hrs/wk = 1 hr/day 5 days/wk)
3. Digital Products - Completely scalable. Far less time trading.
Examples: Online Courses, Downloadable PDF Guides, Apps, Stock Photography, Graphics, NFTs
The Math: (Assuming you're selling a course every other day.)
$5,000/mo ➗ 30 days = @$167/day
$97 Course x 6 days/wk = $582/wk $147 Course x 5 days/wk = $735/wk
$582 (4) + 735 (4) = $5268/mo
My Online Business Journey
Started with financial coaching.
Added blogging (learned graphic design, web design, email mktg).
Added Web/Graphic/Email/Video Contracting.
Built digital products (printables, courses, memberships)
6 Steps To Starting An Online Business
Hard, didactic teaching. No fluff. You'll have EVERYTHING you need to know to get started. AND you'll be able to see if this is something you want to do.
Discover the six simple steps to start and grow an online business that help you monetize the things you already know, so you can begin to work less and live more.
FREE AUDIO TRAINING DOWNLOAD INCLUDED