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A Fresh Start To Entrepreneurship



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A Fresh Start To Entre

Written by: Chance Forman

Did you know 8 out of 10 new businesses fail? According to Forbes magazine 96% of small businesses fail within the first ten years.

What side of the statistics will the stampede of millennial entrepreneurs stand on with the rush of everyone claiming to be a CEO, Owner, or President of so many different businesses. News flash it can’t really be called a business unless financial transactions occur.
Brick and Mordor start ups can cost 100’s of thousands of dollars, to the upwards of millions, depending on what your industry is. Banks aren’t necessarily handing out loans like they were before 2008. So if you weren’t born into money and you haven’t won the lottery just yet, what is an eager entrepreneur to do?
IMG_5079
Scrolling on your phone seeing all these people getting rich online through social media and they’re 20 years old. You think to yourself, they must have rich parents or be faking it with pictures of them in there uncles Bentley.
Are they really putting on a front? I’m an entrepreneur and have several businesses including a retail store with high over head costs, so this topic really intrigued me.
I dove deep into the social media cash and have turned over some pretty interesting rocks. I’m currently finishing up an eBook to give all of you everything I have learned through the thousands of dollars of research, mentorships, and paid social media mastermind meet ups.
Gerard Adams (If you haven’t heard of him look him up, he sold an online start up EliteDaily for 50 Million at 24 years old) has now put out a new curriculum called Social Currency. The name couldn’t be more fitting.
This is the exact reason I came out of my cave and finally put myself out there on social media. It is the best way to invest in yourself and if we don’t do it now where will we be in 15 years from now… Decades behind the curve is the answer.
Anyway, there are so many ways to get money online. Start up costs are impressively lower, but don’t get me wrong there are still costs. The key to online money is affiliate marketing. What is this you ask?

af·fil·i·ate

verb

  • 1.officially attach or connect (a subsidiary group or a person) to an organization:“the college is affiliated with the University of Wisconsin”synonyms:associate withunite withcombine withjoin (up) withlink up with… more

noun

    • 1.a person or organization officially attached to a larger body:“the company established links with British affiliates”

 

Affiliate marketing basically means you partner up with companies or individuals selling a product. They give you a special link that tracks your sales with a commission % of everything you sell. So who can you partner with so you can start selling immediately?

Have you ever heard of Ebay, Amazon, or Adobe? You can become an affiliate with one of them, or all 3! Depends on how much online money you’re trying to earn. Don’t think that is it either, these are just a few names to give you an idea of some of the major players in the game.
You will need some type of platform to sell things on or to broadcast your affiliates product. I’m betting you already have a Facebook. What about an ebay account or a youtube blog?
You don’t have to have millions of followers, but hey that wouldn’t hurt. The more followers you have on as many social media platforms as possible, the more potential customers you have at your finger tips.
If you feel that youIMG_5208 are exceptionally good at something, whether it be parenting, gardening, or organizing… really just about anything that you think you are an expert in…  then you could build how-to videos and sell those as a curriculum.
 The beauty of the internet is you don’t have to wait for someone to walk into your place of business to make a sale. You can market and advertise efficiently through affiliate and influencer marketing online and have 2.6 BILLION internet users as possible new clients.
You start a subscription page for $9.99/month and you have 100 subscribers, thats an extra $1,000/month in your bank account. How many followers do you have right now? What if 10% of them subscribed to your monthly membership program.. you do the math. You see how easy it could be to get social media cash though.
Want to boost your sales? Network with leading affiliates in your industry. Email them saying you like what they do and you have a way for them to make money risk free. You let them sell your product for you for 50% of every one sold. Now you’re only making $5, but they had 300k followers and brought you new 1,500 subscribers.
These are just made up numbers to give you a point of what affiliate marketing is and how people are using it to quit there jobs through social media.
You have the ability to get the social media money just as much as anyone else. Social Currency, I love it… Nice label, Gerard.
“You don’t have to be great at something to start, but you have to start to be great at something.” – Zig Ziglar
Thanks for joining me and taking time to inspire yourself to live a more fulfilling life. Make sure to watch our weekly inspirational videos and to follow us on all our social handles.
Best,

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