johnnyfdk
Loading...

How to Get Rich Quick, Overnight!

Want to get rich overnight and have instant success quickly and easily? Well this post is for you, as you most likely need a reality check. I have no idea why people always assume they can get rich quick or have success overnight just because it's an online business and not an offline one.

Some people might assume just because I have tons of different income streams and it looks like all I do everyday is travel around the world, hang out on beaches and scuba dive that everything I've done was an overnight success. But here's a reality check and a realistic timeline of how long each method takes, the investment involved, potential income, and downsides if it doesn't work. I'll even include a few actual ways to get rich quick at the end of the post just for fun.





Get Rich with Dropshipping



I'll start with dropshipping as the first case study as this was what I personally did first to start my "overnight success" with online business.

Time it Takes with Drop Shipping:


Overnight! Just kidding. If you read any of my posts about how I started my dropshipping store, you'll hear time and time again that it took me 2 months before I made my first sale. With my 2nd store, I set a 30 day new store challenge to get a store up and running since I figured I've already been through the course once, and knew what to do. But it still took almost two months to get our first sale.

For the majority of people I've met in person or in the forums, it takes them all around two months to go through the course, get suppliers, and make their first sale.




Potential Profit:


The nice thing about drop shipping is if you manage to actual dedicate the time to go through Anton's course, do everything he says, and make your first sale, it is almost guaranteed that you'll continue to make consistent sales.

Most average stores make around $1,000 a month, with the best stores doing $7,000 in profit. My personal stores usually make around $1,500-$4,000 a month each. You can see screenshots of the timeline it took me to ramp up my income here.


Investment and Downsides:


The good news about dropshipping is there is no upfront inventory, so the main cost of starting is time and money to learn how to start. Right now Anton's dropshipping course is $1,299 $1,497 and keeps going up in price as more and more people join and he adds more content. Without the course most people spend around 6 months researching how to do it on their own, and most people up wasting 6 months as they get stuck somewhere or aren't successful because the missed a key step or two.

In total if you completely fail, you'll most likely have spend $1,800 or less.

Edit: Anton just released the custom theme, supplier directory, shipping software and custom app so the price is now $1,497. However, the version I took years ago the basic version without the software or apps is only $997 and works just fine if you're willing to do everything manually like i've done.






Get Rich with Amazon FBA



Although I personally haven't started selling through fulfilled by amazon, I know a bunch of people personally that have successful FBA businesses.


Time it Takes with FBA:


Technically FBA is a very hands off business once it's actually set up as Amazon does all of the shipping and customer service for you. The biggest waiting points are in the start when researching your niche, getting product samples sent from China, and then waiting on the manufacturing and overseas shipping times.

Once your products are in Amazon's warehouses and you can start making sales right away. The only downside is for the first year or two all of your money will be reinvested into buying more inventory as the items have to be pre purchased. For most people I've met, it takes around 6 months to 1 year to turn their FBA business into a profit/cashflow producing business.




Investments and Downsides:


Even though there is a pretty big start up cost to get into Amazon FBA, as long as your product isn't defective and you actually get it to Amazon's warehouse, you should never actually lose your $3,000-$10,000 initial investment as you can always sell it for cost price just to recoup your costs.

If you want to know more about Amazon FBA, check out this interview I did with the FBA Empire guys. 





Get Rich Selling on Ebay


You probably won't ever get rich selling on Ebay, and up to a few months ago I honestly thought dropshipping items on ebay or doing arbitrage was completely dead as that's what everyone online kept preaching over and over.


Time it takes with Ebay Dropshipping:


The good thing about ebay arbitrage is that it's probably the only thing on this list that actually is somewhat of a make money overnight story. Most people I met are only making $700-$1,000 a month in profit from their stores, and it's not a long term sustainable business model, but then again, if you're just looking to get something started, there isn't a big downside either.




Investments and Downsides:


Just like with running an actual dropshipping store, there is no inventory to pre purchase and with the ebay model, there is even less overhead as you don't even need a website to get started. The downside of this is aside from some skills you'll learn from the process and the confidence you'll gain from making sales online,  you won't actually own anything at end besides the money you saved up as selling an ebay store isn't nearly as profitable as selling a self-hosted dropshipping store like Anton teaches.

With David Vu's Ebay Course being the cheapest of all courses that actually work, it's the only thing I can honestly say is a "make money quickly" plan that actually works, just don't expect to get rich from it and don't expect it to become your full time single source of income forever and ever. Just have it be a great first step into online business as it's cheap to get started, doesn't require any inventory, works worldwide, and can be turned semi-passive if you hire a virtual assistant down the road.





Get Rich with Affiliate Marketing


Even though I've been making a huge part of my income lately from affiliate commissions, I've never once said it was an overnight success. I've been blogging since I've been in college, and have always done it for fun as I've never made more than a hundred bucks or so from any of my blogs until recently.

Time it takes? For most people to do what I do, or to learn from my course Earnest Affiliate I say in the very first module that it takes most people 6 months or more to build a read-worthy blog, get enough traffic, and build enough trust before you'll make a penny from your site.



Time it takes with Affiliate Marketing


If you want to earn $10,000+ a month from affiliate commissions like I do it'll probably take you 1-2 years even with hard work, and proper guidance that I provide in my course.

For most people, they don't want to wait that long which is why I created a shorter, mini course called Udemy Affiliate that I actually give away to my Earnest Affiliate members for free. Because you get to start with leveraging other people's traffic instead of building your own, some of the students in my course started making affiliate commissions from promoting Udemy courses within a month or two.




Investments and Downsides:


If you do PPC/Ad Based affiliate marketing the downsides are huge. I've known people who have wasted tens of thousands of dollars in ads and never made it a profit. Luckily, some of them never gave up and after spending 1 year and over $15k they figured it out and are doing well now.

With the type of organic affiliate marketing I do, aside from the cost of my course and hosting for your website, there's almost no additional investment costs. 




Other Ways to Get Rich "Quick"


Learn to Code: 


Generally it takes about 1 year of full time studying to learn how to code, then another 2-3 years to get good enough to actually made a decent living from it. I have friends who make a lot of money with programming but it takes a lot of dedication and isn't for everyone.

Sell on Kindle:


I've met a bunch of people who have been crushing it publishing kindle books that they outsource. It typically only takes 1-2 months to get a title written, uploaded and to start making money from it. In this interview I did with Adrian he explains step by step the process it takes as well as how much money he makes from doing it.

Rob a Bank:


Probably the only real way to get rich quick in this article. But if you want to risk going to jail for the rest of your life or shot by the police while making your getaway, you have a decent chance at getting away with a bank heist and getting rich overnight.

Sell Your Body:


Don't want to go to jail and don't want to put in the time it takes to start an online business? This next one is for you! There are plenty of things you can sell, including your eggs if you are a woman or your kidney if you're a man! You can even become a stripper or webcam model!






Final Thoughts:



Making money with an online business often gets a bad reputation and there are a ton of courses out there and marketing tactics designed to "trick" people into thinking they can get rich quick. But the honest truth is, everything worth doing takes effort and most of the time, people know a one click system for $7 sounds too good to be true, because it is too good to be true. But the sad reality is, the "quick" and "cheap" options allow customers to trick themselves into taking their first step and buying something.  

There are course, guides, and other paid products out there that will help guide you on the path for success, but they all take effort on your part and anything worth $1,000 will actually cost $1,000. I promise you that. The good news however, is there are tons of legitimate ways of making money online that actually work. Now it's just up to you to put in the work yourself.

Stop thinking there is a way to get rich quick with little or no effort, and stop thinking you can become successful overnight. Still don't believe it takes time? Read this post outlining my journey from 2007-2013 which took me almost 6 years to figure it out.






Warm Regards,

Johnny


Like this post? Share it!


Like This Post? Share It!

Business 6532537464720646861

Post a Comment

  1. Great post, Johnny! I totally see what you mean when you said that you got haters. That dude on your previous post is whacked.

    Anyhow, I want to thank you for this post. It helped to answer a lot of questions and I appreciate your transparency. I just have one question from reading your past post about your crazy journey.

    After having only $200 in your account, how did you manage to afford Anton's Course? Was it cheaper back then? The reason I am asking is that I am debating between saving money for the course (but I am afraid that by the time I have enough, it would be closed or priced higher) OR to take a dive and put the cost of the DSL course on my credit card... any advice?

    ReplyDelete
    Replies
    1. Whacked how Richard?

      Delete
    2. Hey "Anonymous" I don't know who you are, but I am genuinely sorry that you were not successful with Anton's course. I'm sure he gave you a full refund as long as you asked for it within the return period so I have absolutely no idea why you have such a chip on your shoulder and feel like it's your vendetta to stop others from starting their own stores.

      Every week there is someone in Anton's course who starts a successful store. People used to say it didn't work in Australia or the UK because of XYZ-Reason but luckily people didn't listen to the nay sayers and now there are a bunch of super successful people drop shipping outside of the U.S. in their home countries.

      If you ever want help or guidance, I'm happy to help you, and I think you know deep down inside there are plenty of successful people with dropshipping stores. I'm sorry yours didn't work out, but i'm willing to bet you never earnestly followed the course or launched your store. One reason I know that is because no one in Anton's course sells DSLR Cameras or Grey-Market products. It's not even a thing we have access to as Anton teaches to get approved straight from the supplier.

      I genuinely, sincerely wish you all of the success in the world, and I'm sorry if I pissed you off or offended you somehow, I really am. But I know your anger and hate has nothing to do with me. Anton is a legit guy, a great teacher, his methods work and there are plenty of people who are successful with their dropshipping stores. I'm sorry it's not for you, I'm sorry for whatever else is happening in your life that makes you so unhappy, and I hope you all of the best.

      Delete
    3. Richard - Hey sorry completely forgot to answer your question, I was so busy replying to the other guy.

      $200 - Even though it makes headlines and stands out, remember I was still making $200-$600 a month from my first kindle book when I was working on my first dropshipping store, so I had income, just not a lot of it, when I joined Anton's course, not only was it cheaper at the time (because it had a lot less content). The $200 point was when I was already in the middle of building my store, and was simply the lowest point my bank account was in as I was running out of money during those 2 months.

      So to answer your questions. No I would not recommend putting a $1,300 course on your credit card. I would freelance, work as a bartender/server or something to get some quick cash, then buy the course once you have it and you have 2-3 months to work on it before it starts making sales.

      Delete
  2. I've been grinding away Ebay,Robbing the Bank!sounds like a fun time wouldn't mind the fresh air*;)

    ReplyDelete
    Replies
    1. Haha please don't actually go rob a bank. But do get out and get some fresh air more often. =)

      Delete
  3. I think there are 2 key traps that most of us fall into (I know that I still do)

    1. Assume there is a simple system that shortcuts all time. I constantly guard against buying the next shiny course that I am convinced holds the missing "secret". That's why I like Anton's course. There are no secrets. Just an A-B system.

    2. We think we are "above average". For some reason we think we will "work harder" or be "smarter" and somehow beat the system. I've seen it happen, but very, very rarely.

    The trick is to keep going even when there is little hope. You, Johnny were one of the first to publicly talk about your success from Anton's course. Now the pathway is that much easier for everyone else because they KNOW they will be a success if they just stay consistent.

    ReplyDelete
    Replies
    1. Great advice Quinton! Happy to share!

      Delete
  4. I hope that Johnny is open to try FBA and interview more people on the podcast!

    ReplyDelete
  5. More FBA podcast would be great!

    ReplyDelete
    Replies
    1. Just what I need, even more to add to my to-do list! =)

      Delete
  6. a "make money quickly" plan? You forgot to mention PayPal's 21-day hold?

    ReplyDelete
    Replies
    1. There will always be an excuse not to get started, if paypal's 21 day hold is reason enough not to get started you are not meant to be an entrepreneur.

      The are a ton of ways to get around this, for example, receiving payment through Paypal and ordering items with your credit card (which you have 30 days to pay off)

      Delete
    2. That makes no sense whatsoever Johnny, what if you don't have the money to buy on your credit card in the first place? This is probably an issue if you're dropshipping on ebay in the first place, a lack of real funds.

      Unless you're selling 10 dollar items (why would you even do this?), the costs would be high initially. If your item costs 50 dollars and you sell 10 in 21 days, that's 500 dollars up front. Higher priced/more sold and you're talking 1000's that you have to pay out before Paypal releases your funds.

      If you have 1000s in the bank already to do that, what the hell are you doing wasting your time dropshipping on ebay?!

      No idea why you call it an excuse, it's a legitimate problem with the business model, and there are plenty of others that you overlook.

      Delete
    3. You don't need money on your credit card to buy things, you're thinking about a debit card.

      Either way your biggest problem right now isn't that Paypal might hold your funds for 21 days as a new account. Your biggest problem is that you have no income coming in.

      Having too many sales is a high quality problem that you'll happily figure out when the time actually comes. One easy solution would be to only list X amount of items when you start out and slowly scale up from there. Another would be to show a friend or family member your sales and ask to use their credit card to fulfill the orders. Another would be to apply for a real credit card and not use a debit card. The list of solutions go on.

      Delete
    4. You make good points.

      Delete
  7. Hi Johnny,

    So far, I've seen success in David Vu's eBay dropshipping course and my business is still growing. I've found a way to outsource much of the work and would like to start a new venture. I have some capital, so I was thinking about starting an FBA business. Do you still reccommend the FBA Empire course? Do you currently know people that are successful after taking Michael's course? Thanks!!

    ReplyDelete
    Replies
    1. Hey congrats on your success with David Vu's course so far! Glad to hear you've been making sales following it and now have the capital to invest in FBA. I know a bunch of people making money with FBA in general and the FBA Empire course (http://www.travellikeabosspodcast.com/episodes/ep-83-dropshipping-to-an-amazon-fba-empire-with-michael-coghlan) is still probaly the best option for people starting out as it's the most updated and comes with a lot of personal help in the forums as there aren't a million members yet.

      Let me know how it goes!

      Delete
    2. Thanks, Johnny I'll keep you posted!

      Delete
  8. JOIN ILLUMINATI ORDER FOR RICH, WEALTH, FAME, LOVE, LUCK,

    Join Illuminati society - world wealthy society - Call on +2348115531558
    You were born free and die free but will you live free? As long as habit and routine dictate the pattern of living, new dimensions of the soul will not emerge. JOIN our powerful society to gain and practice secret knowledge and information that was once only accessible by the privileged elite and society members.This is a private, exclusive, members-only global association.
    No matter how much the rich have, they always want more. And the richer you are, the more you get. And the more you get, the less others get, so you are actively making the poor poorer. Isn't that the world we live in? That's how we have the 1% versus the 99%. They will take everything from us, unless we take it all back from them. The difference between a successful person and others is not a lack of strength, not a lack of knowledge, but rather a lack of will.
    GET OUT OF POVERTY
    Get off the poverty road and onto the path of prosperity now. If money has been tight and things haven’t been going very well financially, Our Illuminati society will empower you to change your life and live your life to the fullest.
    INCREASE YOUR INCOME call +2348115531558
    Join our society so that you are empowered to get paid what you are worth. If you feel you’re just not getting paid what you’re worth and would like to increase your income, then you will be in the right place.
    This works in one of two possible ways; many people get a sudden, unexpected promotion at the same company they have been working for, earning a lot more money than before, and other people find that they are suddenly presented with opportunities to move to a different job, making a lot more than they were before.
    Are you self employed? a businessman? Do you want to become super rich than you are today.
    Call, +2348115531558
    Email, oyeyetemple@gmail.com.

    ReplyDelete
  9. GREAT ILLUMINATI SOLUTION KINGDOM Of MONEY AND POWER !!!

    JOIN THE ILLUMINATI TODAY email us now via(illuminatikingdom714@gmail.com )

    Whats-app: (+2349038420842)

    Are you a business man or woman, political, musician, student,
    DO you want to be rich, famous, powerful in life, join the Illuminati solution
    brotherhood cult today and get instant rich with the sum of 1 million dollars
    in a week, and a free home. any where you choose to live in this world

    BENEFITS GIVEN TO NEW MEMBERS WHO JOIN ILLUMINATI.

    A Cash Reward of USD $500,000.00 USD
    A Dream House bought in the country of your own choice
    A V.I.P treatment in all Airports in the World
    A total Lifestyle change
    Access to Bohemian Grove

    Monthly payment of $250,000.00 USD into your bank account every month as a member.
    One Month booked Appointment with Top 5 world Leaders and Top 5 Celebrities in the World.
    If you are interested kindly send your e-mail to
    (illuminatikingdom714@gmail.com )
    Whats-app: (+2349038420842) for immediately initiation.

    New members Initiation is now open.

    Regards,

    Lord RICK

    ReplyDelete
  10. JOIN THE ILLUMINATI FROM NIGERIA, USA, OR,
    ANYWHERE IN THE WORLD TODAY BE RICH, FAME,
    AND POSSES POWER.email us via,
    Illuminatichurch66@gmail.com OR call or whats app us
    on +2348169911981 for immediate initiation New
    members registration is now open online now !!!!!
    BENEFITS GIVEN TO NEW MEMBERS WHO JOIN
    ILLUMINATI Cash Reward of USD $300,000 USD
    A New Sleek Dream CAR valued at USD $120,000
    USD
    A Dream House bought in the country of your own
    choice
    One Month holiday (fully paid) to your dream tourist
    destination.
    One year Golf Membership package
    A V.I.P treatment in all Airports in the World
    A total Lifestyle change
    Access to Bohemian Grove
    Monthly payment of $1,000,000 USD into your bank
    account every month as a member...
    email us via
    Illuminatichurch66@gmail.com OR call or whats app us
    on +2348169911981 for immediate initiation New
    members registration is now open online now !!!!!

    ReplyDelete
  11. Join the great illuminati to change you life for the better
    666'' do you wish to be a member of illuminati and
    acquire instant and automatic wealth,join now and
    get your heart desire riches, fame, power to do
    what every you wish to do and control people around
    the world call us on this number +2348073132649). at
    our mail (illuminatitemple654@gmail.com) join now and become a great
    man/woman

    ReplyDelete

Please take a second to log in before you comment. I've turned off the anonymous commenting option. I'm open and respectful with you, please be the same back. Stay positive, trolls and spam comments will be automatically deleted.

emo-but-icon

Home item

Are you an Insider yet?

Search this Blog

Loading...

Keep in touch




Recommendations


Any product or service I recommend on this blog I personally use and would recommend to both friends and family. All links are affiliate links so please use them in the resources page or anywhere on the blog if you want to give me credit for referring you.

If you want to learn more about how to earnestly recommend products through your blog, check out my course Earnest Affiliate.

Featured Post: Selling My Dropshipping Store

I Sold My Drop Shipping Store for $60,000

Want to start an online business?

Want to start an online business?
A post written for friends and family - Step by Step instructions on How to start your own online business.

How I Learned How to Make Money Online.

How I Learned How to Make Money Online.
This is the course I took to learn how to start my drop shipping stores. I recommend this course 100%.