Made my first sale!!!! Realized how easy it is to COMPLETELY replace your income.

I have never been this excited in my life!  It's currently 2:34am and I'm at my office working, why?  Not because I have to.  Not even because I need to.  It's because I am so excited that I couldn't sleep.  If you've never been this excited to go to work, then maybe you should look into starting a new career.

The main reason I woke up at 2am to go into the office is because it's the middle of the work day in America and I wanted to talk in real time with my suppliers and get my orders fulfilled today.  After the first few initial orders everything will be fully automated.

Here's how it works:

A customer comes to my online store -->
He or She buys a product  -->
Pays online  -->
An email gets automatically sent to my supplier with his order details and shipping address -->
My supplier sends me a shipping confirmation with tracking number  -->
This email is automatically forwarded to my customer and his credit card is charged.   -->
The order arrives at my customers door  -->
Another email goes out asking him to review my site and the product  -->
Everyone is happy.

How much money did I make from this sale:

The products in my store range from $200 to $2,500 which is a good range for everyone.  This particular product is was $459 with free shipping.  My cost price for the item was $355 + $35 shipping.  Add on the 1% fee that my e-commerce platform takes and 2.9% + 30¢ that my payment processor takes and my net profit is around $50.  

How that $50 completely replaces my 8-5 income:

I didn't really believe it until I sat down and did the math, but stay with me for a second and you'll realize how insane this is.  When I was working a normal 8-5 job at a big corporation in America I was making $48,000 a year.  This was right out of college and was considered a very good starting salary.

What did that $48,000 a year get me?  Around $3,000 a month take home after taxes, which allowed me to have some decent basics including a studio apartment, the ability to eat out with friends a few nights a week, but nothing really that great.  As for savings, I would be lucky to even save $500 a month, and that was pushing it.  

So how in the world does making $50 in profit after a sale completely replace me working 40 hours a week?    Well first, assuming I make one average sale per day, I would be making $50 a day times 30....since it's an automated online business, you get paid 7 days a week, even when you're not working.  So by making just one sale a day at a $50 profit, that's $1,500 in my pocket.  (I'll get into why I won't be paying taxes on this income in a later post)

Then factor in living costs and lifestyle costs.  For $1,000 in total expenses a month I'm currently living a much better life than I did back in the U.S. You can read about it in my older posts.  

So right away, at one sale per day, I have already completely replaced my monthly income of working 40 hours per week.  With $1,500US a month, it pays for 1 month of rent in a serviced apartment, cable, wifi, house cleaning, utilities,  my co-working office space, unlimited CrossFit memebership, eating out 18 meals per week, and even saving $500 in the bank to use for travel and as a backup.  

But here's the thing, I didn't just make one sale today.  I made two.  At this rate, instantly I've doubled my monthly income.  Since I'm 100% content with my current apartment and lifestyle, I can just save $2,000 a month into my bank account or reinvest it into my business.  

But here's the real kicker, what's stopping me from making three sales per day?  Or even just one of the higher priced units?  Absolutely nothing and this is why it's so exciting for me to have started my own business and to finally start making sales.  

I'll keep everyone updated on how it goes, but i'm really really excited!  Perfect timing as well as I leave Chiang Mai in a few days to go home for the summer.  I really wanted to get the store up and running 100% and have it completely live and making money before I went home and while I still had access to Anton in person.  It worked out PERFECTLY.  Stay tuned and I will continue to update my blog as the month continues.

Edit: One of my good friends, who's about to get married, just asked if he should sign up for the e-Commerce training course. I told him that if he really wanted to get started, to keep his day job and work on it during his free time as  it took me 1.5 months to turn a profit from it.  I also said to him wait a few weeks and let me really test how much income it generates before I can wholeheartedly say, 100% that it works.   Go ahead and start.

Warm Regards,

Johnny FD