If I had only a few hundred dollars to my name and wanted to start making money online, here’s exactly what I’d do👇🏽
(As a quick note: Even with only a few hundred dollars to my name, I’d still want to look as bougie as possible🤣)
1-File an LLC with my Secretary of State’s office-do it myself and call the SOS for guidance if needed. Next, apply for a Federal EIN online. If I can’t afford the LLC filing fee, I’d 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, I’d start out with a scalable platform, like ConvertKit or MailerLite. If not, I’d 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.
4-Create my free social accounts and start sharing helpful advice 5/days per week for 4-6 weeks - of course, primarily, on LinkedIn😜
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.
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When I first started out, I had lost my job after investing 5-figures in a Business Coach.
I didn’t have much income to invest in all the bells & whistles right away, but that didn’t stop me from making money in my business.
In fact, I landed my first 4-figure client before I even had a website!
Don’t let a lack of funds, knowledge, or courage stop you from getting started!