Making 100k Online Made Easy

[Scumbag]

100,000 Dollars in one year. That is the category mainly reserved for doctors, lawyers, and power bloggers like Steve.

But can the average web user with minimal start up capital, make 100k in one year by using sound business principles?

I think the answer is a resounding YES and I'm going to attempt this project. Well, actually...I've already somewhat started. I created a site Real Brass Knuckles | Cheap Dusters last April and after about a year of relatively low traffic I began getting more visitors and more sales in the last few months to the tune of about 1000 dollars of cash in my pocket each month.

So I got to thinking...If I can do that..Isn't the the path to 100k a simple math equation?

The Breakdown

100k in 365 days.

100,000 divided by 12 = $8333 a month

100,000 divided by 52 = $1923 a week

100,000 divided by 365 = $274 a day

100,000 divided by 8760 = $11.41 and hour

What do the numbers say?

Basically, when you break it down the $8333 a month seems like a daunting task. But the more you dissect the numbers the easier it seems. 11.41 and hour for 24 hours a day at 365 days in a year doesn't seem like that tough of task.

How I'm going to do it

Multiple income streams. I already have one income generating source (knockoutkuncks) and I have another on the way that is going to be in the same genre that is being built by a professional web development team. This site will focus on self defense products and replica swords. Both of these sites should bring in at least 3000 a month when they are full indexed in search engines and I spend time promoting them.

Ebay affiliate marketing. I'm going to start off with about 15 Ebay affiliate marketing sites and have them full integrated with Adsense. I'll continually make more and more of them to where I have around 50 or 60 niche sites that require zero maintainence other than promotion. I'll probably even outsource the promotion of all my sites so that someone is constantly working on getting my sites more visability.

Ebay itself. If the goal is to make around 11.50 an hour all I have to do is find a few good drop shipping sources that allow me to make that profit 24 hours a day. Since there are about 12-15 countries that participate in Ebay I can find products that consistently sell and having auctions ending at peak hours in multiple countries. All while making about 12-13 dollars in profit every time I sell an item.

Summary

To start a mini online empire that allows a constant and steady cash flow with minimal time invested daily and eventually outsource much of the work to maximize profits and allow me to concentrate on bigger projects.


Feedback

If anyone is doing something similar I would love to talk with you. Suggestions on how I can improve my system or add other streams of income are always welcome.

[Brutha]

But can the average web user with minimal start up capital,

Why do you buy into the reality that you are an average web user?
Is it the excuse that you have if you fail?

[Savage]

What is the $100K of value for others you're delivering in exchange for $100K cash?

You can earn $100K your first year (it's uncommon, but people have done it before) by providing at least that much value for others.

[Buddy]

I think you'd have to deliver at least 5 TIMES the content for that amount. I'm not saying it is unreasonable but be careful you don't set yourself up to fail. Shoot for the stars and you might hit the moon, but "the journey of a thousand miles begins with one step." Put one foot in front of the other and you'll find yourself at journey's end. Under promise and over deliver.

[Scumbag]

Originally Posted by Brutha

Why do you buy into the reality that you are an average web user?
Is it the excuse that you have if you fail?

It's just an analogy..that the average web user can generate 100k if they follow sound business principles. It was no indication on my ability or anyone elses.

[ken nubo]

Originally Posted by Steve Pavlina

What is the $100K of value for others you're delivering in exchange for $100K cash?

You can earn $100K your first year (it's uncommon, but people have done it before) by providing at least that much value for others.

If you do affiliate marketing, I recommend click bank.

Steve says exchanging 100k in cash for 100k worth of value. Well, you got the value taken care of because you're going to sell what's popular and PROVEN to sell (aka, the value). This could be easily be done if you do it right with click bank.

All you have to do is have a system that funnels leads into buyers.

As for myself, I'm no where near 100k a year with affiliate marketing, but I make a teacher's yearly salary without working so damn hard.

[Morten P]

Great post Scumbag, sounds like you have made a plan and are on the way of following it through.
I hope you will keep us updated on your progress.

[Vanessa]

I am such a fan of building an empire to meet your vision! There are a few things I would like to point out to you before frustration sets in.

Ideally, setting up multiple streams of income should be done in a sequence. this way you have at least one that will work without you before moving on to the next source of income. Starting three things in a row means that it will take even longer to finish reaching the goals for the first one.

Here's what I mean
Focused Sequential: AAA BBB CCC
Project A is complete in Step 3, B in Step 6 and C in Step 9
All at once: ABC ABC ABC
Project A is complete in Step 7, B is complete in Step 8, C complete in step 9.

By doing multiple things in a focused sequence you'd reach your goals for Project A and B (Steps 3 and 6) before you would reach just your Project A (Step 7) doing everything at once.

Those sound business principles are really just common sense, but not everyone does the actions that seem so simple that produce results. Thats the difference between the average web user and the wealthy average web user, the actions they take.

To follow your plan to reach the results you want I would suggest you focus on bringing in your Brass knucks site to the level of revenue you would be satisfied with without you having to do the work yourself. Have processes in place and outsource the daily work to the same results you had doing it yourself then moving your attention to your new niche websites on other self defense products. When that new site reaches your target monthly income of 3k and you can outsource the daily processes and remove yourself from the activities associated with it, move your focus to building your first eBay affiliate site.

Keep moving forward with your plan and you'll reach your goals!

[krackato]

Wow, brass knuckles. It scares me that so many people would want them.