If I had only a few hundred dollars to my name and wanted to start making money online, hereās exactly what Iād došš½
(As a quick note: Even with only a few hundred dollars to my name, Iād still want to look as bougie as possibleš¤£)
1-File an LLC with my Secretary of Stateās office-do it myself and call the SOS for guidance if needed. Next, apply for a Federal EIN online. If I canāt afford the LLC filing fee, Iād start out as a sole proprietor with my free FEIN.
2-Purchase my business domain, and get my email mailbox set up which costs $20-$30 total.
3-Sign up with an email marketing provider so I can build an email list. Also to use its PRETTIEST landing page template haha to create my email opt-in page. If I could afford the monthly fee, Iād start out with a scalable platform, like ConvertKit or MailerLite. If not, Iād start with something free, like MailChimp and then switch later.
4-Get a subscription with a scheduling platform so I can start accepting consultations and offering paid coaching sessions.Ā
4-Create my free social accounts and start sharing helpful advice 5/days per week for 4-6 weeks - of course, primarily, on LinkedInš
5-Put together an amazing free resource, using Canva, and share it with my audience to collect emails. (Canva has a free account, but of course you get more features with a $10/mo account.
6-Start inviting my audience to use my scheduling link to meet with me, and introducing myself to my followers, profile viewers, and post engagers in the DMs after several weeks of providing value.
7-Focus on closing a bigger coaching client, then use those funds to invest in coaching/mentoring, branding, and better systems.Ā
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When I first started out, I had lost my job after investing 5-figures in a Business Coach.
I didnāt have much income to invest in all the bells & whistles right away, but that didnāt stop me from making money in my business.
In fact, I landed my first 4-figure client before I even had a website!
Donāt let a lack of funds, knowledge, or courage stop you from getting started!