How to Make Your First $1 Online

Making money online is just like solving a Puzzle. When you've got a puzzle in front of you with the pieces all over the place in a huge messy pile, getting those first two pieces to connect feels impossible. The thing is that after finding just the first two pieces that click together, not only will you be able to make your first dollar online, but it lays the foundation for even greater success.

The next dollar will be easier than the first one and it'll keep compounding into more and more success. It took me about four months and $580 of money that I didn't have to make my first $1 Online. But that's only because I didn't understand what I'm going to be sharing with you today.

After making my first dollar, it took me only eight months to reach my first six figures in profit after tax, and it wasn't long after that until I grew my businesses to seven figures.

So today I'm going to give you the blueprint to make your first dollar online with whatever business model suits you best. And if you aren't sure yet, I'll give you the business model that I use so you today to make your first dollar online.

How To Get Your First Dollar Online?

Now, the thing to understand about making your first dollar online is that first dollar is by far the most difficult to make. Finding those first two puzzle pieces, like making that first dollar, is the hardest step. When I got started with dropshipping back in the middle of 2019, it took me four months of time and $580 that I couldn't afford to lose, before I made my first dollar online in October of that year. I had thought of giving I made that first dollars, but once I made it, it unlocked a new perspective for me. I no longer thought that online business was all just a scam or a money grab or a dying trend or just people getting lucky. And I saw it for what it actually was, which is just an exchange of value.

If you want to make your first dollar online, the first thing you need to do is understand how to create value. The issue is that you might hear the word value and get scared because you don't know how to create it. At least that's how I felt. You hear all kinds of different definitions for value, but at the end of the day, value is a product or service that you can sell in exchange for money.

In other words, it's the amount of time and effort it takes you to solve a problem that someone else doesn't want to solve or doesn't know how to solve. Most of the big influencers will tell you you need to solve big problems to make big money. If someone doesn't have a roof over their head, they'll pay a lot of money to solve that problem. But the issue is that if you've never created value before, it can feel impossible to take on a challenge like this.

So if you're a beginner, I much prefer the approach of creating lots of small value products. Instead of looking at it as, how can I create as much value as possible at once, try thinking about ways that you can create even a tiny amount of value.

Remember, value is something that someone else will pay you for that they can't or don't want to do. This means that the products we're selling could be something that already exists and maybe just market, market it so the customers can see it better. That's a traditional dropshipping business where you're not adding any value to the actual product, but instead the real value is the fact that the customer may have never seen the product without your marketing. Or you could make a digital download product like a planner or a journal. Anyone can make it, but you're saving the customer time by having it already made so that they can buy it and use it.

Now, the business that I used to make my first six figures was print on demand. It's similar to normal dropshipping where you're selling blank products like mugs or T shirts that have unique designs on them. The design is the value that you're adding. So the more unique or the funnier the design is, the more value the product has and the more money you can make.

The thing about all three of these business ideas is that there's hardly any upfront costs, or they could be started completely for free. And you can keep making more and more products trying to create those small amounts of value until someone buys. This doesn't mean that it's easy, but it does mean we can create lots of smaller value products until we find something that sells.

And eventually, when you start figuring out how to make the products that you want to sell with more and more value, your success will compound. And even though you're selling those lower value items, it'll really start to add up.

Now, when looking at the business vehicle options, there's businesses that are perfect for beginners, and there's businesses that make way more sense for advanced entrepreneurs. As a beginner, it doesn't make sense to start with an advanced puzzle that has 100,000 plus pieces. We're starting at the level we are at, which is the beginner level solving our 100 piece beginner puzzle. This is why I always recommend beginners start beginner businesses like dropshipping, print on demand and selling digital products because the more advanced business vehicles require a lot more experience and are much harder to do.

Making your first dollar in an advanced business is way harder than making it in a beginner business. It doesn't make sense for a beginner to try and build the next Louis Vuitton or Gucci, but it does make for them to start a beginner business to earn them the skills and develop the character traits to become a higher level entrepreneur down the line.

So to make your first dollar online, start by picking a beginner business vehicle that will pave the way for future success. I kind of like thinking about it as choosing a puzzle.

People ask me all the time, why don't you recommend getting into the businesses that you're getting into? Well, the businesses that I'm getting into now are a little bit more of an intermediate level business. If I started with a very hard business upfront, I would have given up a long time ago. The three most beginner friendly business options that I know are print on demand, dropshipping, and digital products. These businesses can get you your first dollar online as well as lay a good foundation into scaling into more profitable businesses down the line.

So after you pick the business vehicle that you're going to use, we still have to put in the hours and test a lot of those combinations of puzzle pieces to find the pieces that fit together. But it's absolutely doable it just takes time. Obviously, once you pick a business model to go with, you have to stick with it until you make your first dollar. If you just picked up a puzzle and tried to put a few pieces together and then it didn't work right away, so you put it down and moved on to the next puzzle, it puts you back at square one. But if you keep working at the same puzzle long enough, eventually you will find those combinations of two pieces that finally click together. And after those first two pieces connect, the next two after that will be even easier. At least commit to making your first sale and making your first dollar with the business model that you original chose.

Now, on top of committing to just one business model, you also want to get started with as little startup capital as possible. Now when I started out my dropshipping journey, I had maybe six or seven hundred dollars in my savings account to my name and I spent about 580 of those dollars trying to make it big dropshipping. Now this temporarily ran me out of money and I had to go back to the drawing board to figure out a way to reduce my costs and start up something for free.

To make your first dollar online, you need a free vehicle where you're just investing time. This is why I always recommend my readers to start on a free platform like Etsy. Etsy is a marketplace, which means they drive their own traffic and people organically come to their website to shop for all sorts of items.

Now you can post up to 40 products on their website for free and then it's only $0.20 per listing after that. Now here's where I think it gets really powerful. When you post those products for sale on Etsy using good SEO and keywords, the Etsy search algorithm will drive those ready to buy customers to your listings when they're searching for something similar.

This is the exact strategy that I've used to grow some of my seven figure businesses online. One of them I've literally never ran ads in and have zero marketing costs. With these basic principles down, If you were to pick a solid beginner business model, commit to it and discover a way to start it for free, or at least with reduced costs, your path might look something like this.

You could decide to start selling on Etsy, and you'll be selling print on demand T shirts. You already know it's competitive, just like everything else you'll ever do in your life that's worth doing, but ignoring the competition, you start anyway. You start by making the best T shirt designs that you know how to make and posting them for sale on Etsy. Maybe one of your first 40 will sell, or maybe they don't sell right away. That doesn't mean that it's too competitive, or that selling T shirts doesn't work, or that you even did anything wrong. It just means that with each attempt, you're getting one step closer to that first sale and getting those first two puzzle pieces to finally connect.

And that first sale tells you so much, It tells you that for some reason that T shirt or whatever product you're selling is better than all the other ones that you tried. As you do more of whatever worked, your success will begin to compound.

If you're interested in starting this business, I've got a nine minute quick start guide linked from here. which will get you signed up for Etsy with 40 free listings and a custom business name and connected to Printify if you want to do print on demand, all completely for free in under 10 minutes. I've also got a lot of articles teaching how to make and sell specific products and different strategies.