I’ve been running an online business for several years, and the past few months have been nuts. We did close to 6 figures in May, and then ran into some gov issues due to some regulatory wording updates stepping on a few of our established marketing claims… so that took a while to figure out, but we managed to avoid any serious repercussions (aka fines) and everything is back to normal now. Almost.
As for me being away from the forum, in addition to being crazy busy with work I took some time off for a vacation in June, partly because it was my birthday and also because my wife is pregnant (very pregnant now) and it was our last chance at a vacation before the little one arrives in September.
But, of course, where I’ve been isn’t what the question was about.
Since I started running subs, I’ve had an insane amount of growth with my business as well as my personal mindset surrounding wealth and business in general. Relative to last year, my personal income has more than doubled over the past 6 months and is approaching 3x when you factor in my side hustle income.
So what do I do?
I’m a C-level exec (and head of operations) for a biotech company that does B2B and B2C sales for distribution of our products. I also do some affiliate marketing and print-on-demand products for myself. I have dabbled with dropshipping in the past, but the shipping situation right now makes conventional dropshipping (Shopify store with products from Aliexpress etc) not very viable. I like easy, and automated.
If I had to start again right now, I would 100% go for affiliate marketing, especially with offers that helped people either improve their health or make money. I almost wish I could start there again, lol… In the past year my company has spent well over $100k on legal and consulting fees for products in a highly litigious and heavily regulated sector. Pushing affiliate links would be simpler.
As for recommendations…
Chad Bartlett and Franklin Hatchett all have very solid (and free) affiliate marketing training on YouTube. I’d start there. (edit: removed one suggestion that actually doesn’t do affiliate training, my bad)
To succeed, you need 3 things.
- A landing page + an email list tool (Check out Convertkit, it does both for a very good price)
- A good offer that converts decently well (Digistore, Clickbank, etc is full of them)
- Traffic
#3 can be the hardest part when starting out, but if you’ve got some $$ to invest, you can get a head start with basic Google ads or Facebook ads. I use both, they’re useful for different things so I don’t consider one better than the other. I’m just getting into YouTube ads, so I’ll hold off on judgement for that for a while yet. A couple of years ago my wife set up a Pinterest account for my print-on-demand shop and that’s still consistently driving 80%+ of the traffic & sales for that. The shop is fully automated, so it takes almost no time to operate. Took a while to get everything set up, but it’s been passive ever since.
So, short answer… yes?