MAKE $100 & $200 DAILY
MAKE $100 & $200 DAILY
There are many ways to earn $ 100 - $ 200 per day online, but just like earning $ 100 - $ 200 offline, expect to put in a lot of effort.
This is the process I used to do this:
- Create a process that adds value
- Package this into a service
- Find people who will buy that service
- Hire and delegate this process to your employees.
- Repeat steps 3 and 4.
This resulted in annual recurring revenue of over $ 180,000 and my first business sale.
The only time I left the house for this business was to file a fictitious business name statement. Everything else was done in my room on my computer. While the first 8 months were tough, I was finally able to delegate most of my responsibility to the point where I spent between 2 and 5 hours a month operating the business.
My story
In my last year of college I started to play with marketing. I was an accounting and finance student, so what did I know? My budget was tight, but I needed an effective way to market one of my startups.
I came across a few articles on how to effectively market one's business with Instagram, and after some testing and tweaking, I came up with a process that allowed me to effectively draw the attention of those within my business's target audience to through the social media platform.
Somewhere along the way, small businesses started contacting me on Instagram to help them grow their following. The next thing I knew, I had 10 clients. I just saw this as a side project that was earning me a small amount of money to help fund my main startup, but before I knew it, I had 20 clients, then 30, then 100.
I charged only $ 15 per month for this service as it required very little time on my part per client, but since I was surpassing 100 clients, I knew I needed help. I started outsourcing some of this work, increased the price to $ 30 per month, and focused my attention on marketing this service.
Clients continued to sign up and I continued to focus on marketing and employee recruitment and training. We soon reached monthly recurring income of $ 15,000 and grew 15% each month.
Because I spent so much time training my employees and delegating my responsibilities to them, I had reached a point where I was spending 2-5 hours a month in this business. This gave me plenty of time to focus on my other projects, which included an app to help people with food allergies find the best local foods, a proprietary device to help men with erectile dysfunction, a service to promote restaurants and brands. of food through aid. of foodie micro-influencers, a service to provide business owners and marketers with unlimited custom designs for a flat monthly fee, and a few others
Takeaway
With an increasing number of responsibilities, I sold this business to focus on my other ventures and allow myself the ability to venture into my growing interest in real estate. While this business allowed me to earn more than $ 200 a day without having to leave my home, more importantly, it allowed me to grow as an entrepreneur and learn the importance of delegation.
The business model that I used is one that I am implementing with my other projects and that I am sure can bring success to anyone who takes advantage of it.
There are many ways to earn $ 100 - $ 200 per year online, and they all involve finding a way to provide value to others and turn it into a service or product. Start looking for ways you can bring value to others and then prepare to work hard :).
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