- Joined
- May 27, 2018
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- 167
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Starting with the positives, I hit my 2019 target of raking in $15,000 a month—though, truth be told, that milestone only lasted a grand total of two months. A whirlwind of events unfolded in between. Now, let's freshen up that history. The backstory is a saga in itself and can be breezed through; it simply illustrates the myriad opportunities the Internet throws our way when it comes to stacking that cash.
Approaching the big 30, hailing from Germany, and navigating the English language as a non-native speaker, I extend my apologies for any minor slip-ups in advance. Now, onto the next noteworthy point—I'll admit it, I can be a bit lazy. My lack of organization and motivation led to the creation of this thread, aiming to bring some structure into my life and keep me on my toes through a bit of social pressure.
Back in early 2018, my inherent laziness steered me towards the realm of online money-making, primarily to avoid the grind of a conventional job while juggling university commitments. I dabbled in various ventures like Twitch streaming, selling perler art on Kickstarter, and growing Instagram accounts. While each endeavor had its measure of success, it didn't quite reach the level of sustaining a livelihood.
Then came May 2018, the turning point. In an attempt to break free from the monotony, I delved into buying shoutouts from influencers and fanpages on Instagram. By coupling this with dropshipping and utilizing shirt fulfillment sites like Teezily, TeeChip, Teespring, and ViralStyles, things took off. With just 10 hours a week invested, I managed to rake in a staggering $28,000 in September 2018 alone—a personal record that left me in awe.
The markets I was venturing into experienced a gradual decline, especially after Instagram's timeline change in 2019, turning it into more of a hit-or-miss scenario. That led me to pump the brakes on that venture. Instead, I shifted gears and snagged two accounts, each boasting a cool 250k followers, for a mere $400 per account. Lo and behold, a few weeks later, I flipped them for a sweet $5,000 and $8,500, respectively. Fast forward to today, and I'm still dabbling in the occasional buying and reselling of Instagram accounts.
Opting for another change, I shifted my focus to growing my YouTube Channel. The endeavor proved to be a success, with a swift climb to 10k subs and a steady $100 per day within just two months. By May, three months into the journey, I hit a monthly milestone of $8,000. However, there was a hiccup—my Etsy Shops faced suspension in the same month. Battling a bout of laziness, my YouTube channel's income dwindled to around $500 per month.
Come December 2019, I made the decision to part ways with the channel, sealing the deal for a sum I won't disclose. Maintaining a solid connection with the new owner, it's exciting to note that the channel recently hit the 100k mark.
NOW
Currently, I'm juggling three Etsy Shops, each showcasing different products with varying degrees of success. They all operate on a print-on-demand model, and I've got two Fiverr gigs in the mix, functioning as a sort of "dropshipping" setup. All my orders are seamlessly fulfilled through Printify, although I've experimented with Gooten and Printy6 in the past and might revisit them down the road.
Let's break down yesterday's earnings:
Shop 1: Racked up 9 orders for high-margin products, bringing in a cool estimated profit of $250.
Shop 2: Bagged 3 orders, adding $30 to the pot. Shop
3: Unfortunately, a goose egg—no orders.
Total profit for the day: Approximately $300, but it was an unusually good day. In terms of revenue, I crossed the $500 mark.
Now, onto the expenses, as I'm currently in the midst of scaling up this month:
Moving forward, my plan is to flood Shop 3 with a plethora of designs, testing the waters to see what sticks. A recent experiment with a niche product featuring 800 designs online turned out to be a flop, so I'll pivot back to merch and reassess. Additionally, I'm considering adding a few high-quality designs to Shop 2 and potentially a smaller number to Shop 1. Exploring further, I'm contemplating expanding my designs to additional platforms like Shutterstock, Red Bubble, and maybe even Merch by Amazon. The print-on-demand game on Etsy in 2022 is becoming more challenging, requiring a wealth of tricks and methods for ranking. While I'm not sure how many advanced hacks I'll divulge in this thread, I'm here to answer any Etsy or YouTube-related questions you may have. Expect updates in this thread twice a week!
Approaching the big 30, hailing from Germany, and navigating the English language as a non-native speaker, I extend my apologies for any minor slip-ups in advance. Now, onto the next noteworthy point—I'll admit it, I can be a bit lazy. My lack of organization and motivation led to the creation of this thread, aiming to bring some structure into my life and keep me on my toes through a bit of social pressure.
Back in early 2018, my inherent laziness steered me towards the realm of online money-making, primarily to avoid the grind of a conventional job while juggling university commitments. I dabbled in various ventures like Twitch streaming, selling perler art on Kickstarter, and growing Instagram accounts. While each endeavor had its measure of success, it didn't quite reach the level of sustaining a livelihood.
Then came May 2018, the turning point. In an attempt to break free from the monotony, I delved into buying shoutouts from influencers and fanpages on Instagram. By coupling this with dropshipping and utilizing shirt fulfillment sites like Teezily, TeeChip, Teespring, and ViralStyles, things took off. With just 10 hours a week invested, I managed to rake in a staggering $28,000 in September 2018 alone—a personal record that left me in awe.
The markets I was venturing into experienced a gradual decline, especially after Instagram's timeline change in 2019, turning it into more of a hit-or-miss scenario. That led me to pump the brakes on that venture. Instead, I shifted gears and snagged two accounts, each boasting a cool 250k followers, for a mere $400 per account. Lo and behold, a few weeks later, I flipped them for a sweet $5,000 and $8,500, respectively. Fast forward to today, and I'm still dabbling in the occasional buying and reselling of Instagram accounts.
Opting for another change, I shifted my focus to growing my YouTube Channel. The endeavor proved to be a success, with a swift climb to 10k subs and a steady $100 per day within just two months. By May, three months into the journey, I hit a monthly milestone of $8,000. However, there was a hiccup—my Etsy Shops faced suspension in the same month. Battling a bout of laziness, my YouTube channel's income dwindled to around $500 per month.
Come December 2019, I made the decision to part ways with the channel, sealing the deal for a sum I won't disclose. Maintaining a solid connection with the new owner, it's exciting to note that the channel recently hit the 100k mark.
NOW
Currently, I'm juggling three Etsy Shops, each showcasing different products with varying degrees of success. They all operate on a print-on-demand model, and I've got two Fiverr gigs in the mix, functioning as a sort of "dropshipping" setup. All my orders are seamlessly fulfilled through Printify, although I've experimented with Gooten and Printy6 in the past and might revisit them down the road.
Let's break down yesterday's earnings:
Shop 1: Racked up 9 orders for high-margin products, bringing in a cool estimated profit of $250.
Shop 2: Bagged 3 orders, adding $30 to the pot. Shop
3: Unfortunately, a goose egg—no orders.
Total profit for the day: Approximately $300, but it was an unusually good day. In terms of revenue, I crossed the $500 mark.
Now, onto the expenses, as I'm currently in the midst of scaling up this month:
- Printify: $30
- Erank: $20
- Full-time VA: $200
- Fiverr services (ranking, backlinks, a few designers): $200
- Main Fiverr designers: $800
- Shutterstock: $200
Moving forward, my plan is to flood Shop 3 with a plethora of designs, testing the waters to see what sticks. A recent experiment with a niche product featuring 800 designs online turned out to be a flop, so I'll pivot back to merch and reassess. Additionally, I'm considering adding a few high-quality designs to Shop 2 and potentially a smaller number to Shop 1. Exploring further, I'm contemplating expanding my designs to additional platforms like Shutterstock, Red Bubble, and maybe even Merch by Amazon. The print-on-demand game on Etsy in 2022 is becoming more challenging, requiring a wealth of tricks and methods for ranking. While I'm not sure how many advanced hacks I'll divulge in this thread, I'm here to answer any Etsy or YouTube-related questions you may have. Expect updates in this thread twice a week!
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