How To Make Your First $500 Online

job shipping affiliate marketing Amazon FBA there's just so many ways to make your first $500 online it can be confusing and frustrating and difficult to know what business to start so in today's video I'm not going to talk about any of those things see the truth is they all work there is no such thing as the perfect business model it took me failing six businesses by the age of 23 before that finally sunk in I came to realize that there was five main factors that are more important than the business model that you need to

know before making money online they're kind of second nature to me now but they've always been in the play in the background that have helped me take my businesses from $0 to now making over $10 million in Revenue every single month before I run you through each of these five things let me be clear they all work together like a powerful chest strategy each calculated move sets up the neck so if you skip a step then the whole strategy will fail now don't forget that I've got a completely free Shopify course don't pay $8,000 for

good gurus click the Discord link below all right let's get into it the first move for making your first $500 online is definitely the most important I'm fortunate enough to have friends who have made millions of dollars some even billions of dollars using this one thing this is the one trait that they all have it stands out more than anything else and it's that they have learned to back themselves you see the reason you're not making money online has nothing to do with what business you pick and everything to do with something called self-perception theory

developed by a psychologist called Daryl bam in the 1960s the theory states that your brain decides what you're capable on based on past Behavior so if you've never made $500 online your brain thinks you can't do it even though it's not that difficult I don't actually remember this story however my grandpa recently pulled out footage of me graduating high school the other day before each student walked on the stage the teacher would say what the person wanted to do after they graduated first up was someone that wanted to do engineering next someone wanted to be

an architect and then she reads out my name and she says when he grows up Davey wants to be a billionaire and in 10 years time he hopes to be aaire even though this is pretty cringe and I would never say anything like that anymore it does show that the conviction and belief you have in yourself is extremely important stand your ground when someone starts questioning if you should start a side hustle or if you want to invest a weekend into an online course even when people say that it will never work get used to

trusting your own decisions even if sometimes they're not always right you may think that billionaires and millionaires have some magical talent that makes them super successful maybe you even think that about me but trust me I hang out with these guys and they all are normal people they all have the same doubts as you they've just learned to back themselves despite those doubts so if you want to start making money online pick a business and back yourself so backing yourself is the foundational chess move it'll keep your king save but this one is also really

important you need to start when you're busy how many times have you SE said to yourself I want to start a business but I'm just so busy right now I'll start after Christmas or I'll start after the holidays or when crypto starts to go insane again if you're not careful it will be the Trap that keeps you chained to the 9 to 5 forever I like to refer to this as the tomorrow illusion you've convinced yourself in some illusionary future that you won't be busy but I'm telling you that's the completely wrong way to look

at it this is because the brain follow something called Parkinson's law which states that we stretch out task equal to the amount of time that we give to complete them so if you give yourself a week to research a business idea it's going to take a week but if you give yourself 3 hours your brain will find a way to do it in 3 hours so by definition you're always going to feel busy no matter how much time you have back in 2013 I was insanely busy I was studying mining engineering but at the same

time I was finding the time to grow Instagram accounts I would sell advertising on these Instagrams and that led me to e-commerce if I didn't start when I was insanely busy doing mining engineering working assembling furniture on the weekends I never would have got into the industry if you feel like you don't have enough time just get up earlier I was getting up at 4:00 a.m. to work on Instagram and then I would go assemble Furniture the truth is you don't actually need to work these crazy hours to make your first $500 online all you

need to do is maybe 2 hours a week initially and just get started you do need to be laser focused and productive and this brings us to our next factor which is the 8020 rule you see when people are trying to make money online they're focusing on the wrong thing the wrong action that produce very little results the 8020 rule works by focusing 80% of your energy on 20% of the tasks that produce the most impact the most results for example most people who start a Drop Shipping business spend 80% of their time watching how-to

videos on YouTube this is instead of doing some high impact tasks like testing new video ads getting your iPhone out and shooting a viral Tik Tok and you know even launching a whole new product rather than just watching tutorial after tutorial so they never end up getting results and eventually quit when if they were just focusing on that 20% of those tasks that create sales specifically sales it would have been much more likely to succeed in business so use those 2 hours that you can dedicate to the business in maximizing results now if you feel

like you can't even find 2 hours a week to get started my last fifth factor is a really really good trick so keep watching I like to call it the copy and paste it's just to copy and paste the path of a mentor when I was first getting started in e Commerce I would just constantly fail miserably I launched my seasoning brand and nobody bought I just had no clear plan and then eventually I surrounded myself in the e-commerce community and I got someone like greater Van Real in my corner teaching me how to do

influencers and all of these mentors has shaped my path I would just grab a little bit of Knowledge from this Mentor in this area a little bit from like Toby Pierce in terms of business Acumen and this then helped me launch caling blankets my first successful brand which made over a million dollar profit in its first year this this is because mentors know exactly the traps that they fell into and they can teach you the hard lessons without you having to learn them now here's the Trap that everyone is getting into people think that to

get a mentor you just need to DM someone on Instagram and say can I buy you a coffee but a good Mentor doesn't actually need to be someone you have oneon-one a mentor can be an amazing book a really detailed YouTube video like a how-to or just a free online course another mistake I see people making is that they go and contact someone that's doing over $100 million in s but the truth is you don't need help from that person you just need to find a mentor that's doing $10,000 of sales because they have just

walked the path that you are trying to walk most recently so they know they can remember everything and you're just trying to achieve what they've achieved first it's all about sequencing and stepping up but just make sure that you're not getting shiny object syndrome and just constantly getting distracted with new ways of making money just pick one method that you think is going to work then find a mentor and just keep testing keep iterating all righty so I promised you a strategy about how to get 2 hours every week without giving up Netflix hanging out

with your partner or even doing things that you enjoy I use this technique every day to build my business and still enjoy plenty of free time it's called time blocking and after implementing you'll know exactly what to do and when you can relax see I used to feel like the day just got away from me I'd wake up in the morning with no clear plan for the day so I'd grab a coffee and just start working on whatever I felt like whatever I was passionate about or whatever was easiest I would start one thing and

then 20 minutes later remember I had to do another thing so all my day was basically exhausting my brain I was feeling extremely scrambled was actually taking energy to decide on what I should be doing this was until I learned about time blocking so the way time blocking works is you get your calendar and you schedule out your entire day every single second has a task in it so it might be waking up having breakfast going to work going to the gym eventually you'll realize that there's big gaps in your calendar that you're filling with

absolute nonsense this will then allow you to schedule research product launch shoper F store and you'll finally have enough time to get started making money online you'll find these random 15minute Pockets 30 minute Pockets that you can really focus on your online business now remember Parkinson's law if we give ourselves a very small amount of time to get a task done we'll probably be able to do it so this brings us to our final chess move to make $500 online it will completely remove your fear of failure so that you can finally start to take

action and generate an online income it's called the test and fail framework this framework goes against everything that school has brainwashed you with they drilled into you that if you failed it was a bad thing but this framework completely debunks that and it's the way that all successful people think because the truth is failure is the only way to achieve your dreams I launched an iPhone business headphone business I launched a cafe they all failed but they all built skills that I then used to create my successful business so don't be afraid of just getting

started and failing if you want me to help Mentor you watch this next video on how to build a Shopify Store and put all of these things into practice don't forget to like And subscribe thanks