How I Earned $250 from One Sponsored Post

How I Earned $250 from One Sponsored Post on my blog

Online business is an interesting thing. It took me 4 years of focused work every week to start making my first few dollars online. Now, $250 can be made in 10 minutes. I believe these are closely connected, though. Here’s what I mean.

The 4 years I’m referring to is the time I was learning how the Internet works, started Let’s Reach Success and published random blog posts on personal development. I was reading about other bloggers and lifestyle designers who were productive and having this incredible life and business. Yet, I had no idea where to begin. I also wasn’t sure if it was possible for someone like me to be there.

Now that I’m at the next stage of my freelance writing and blogging business, the next steps seem more achievable than ever.

I mean, making $4,000/month once is a clear proof that it can happen any other month. Which gets me closer to making $50K a year from what started as a free time activity.

If you’re curious to know how exactly I began earning online with no experience, I shared my exact steps in a free course. You can enroll by signing up here.

Check out How to Make Your First Money Online Freelancing. A free course I created using Teachable that will help you get your online business start and earn your first dollars from home by offering your services as a freelancer.

And I’m not the only one seeing progress after years of hard work and starting from nothing. The world is full of people like that. Maybe you’re the next one. Depends on whether or not you’re ready to put in the work.

Let me get to the point of this post.

It’s possible to make hundreds of dollars in 10 minutes.

For me, that’s thanks to sponsored posts. I started making money from them after having published 1000 articles here on the blog. Then sponsors began reaching out themselves.

Which means anyone else can do it. In the beginning, I accepted prices such as $10 for a guest post a company or individual provided. After which I made it live together with their link and got paid.

Then, it got to around $30 per post and I became stricter with the links. One was allowed and I refused to publish anything in a category I wasn’t comfortable with.

Over time, brands emailed me offering $100 for a single blog post that I publish on Let’s Reach Success. And they paid right away via PayPal.

Then I realized I was underpricing my services again (much like freelance writing in the early days). I stopped accepting anything under $50 per article, approved only well-written pieces from people who could give me company details and show they are legit.

Turns out, if someone has a budget for guest posting, they’d pay at least $100 for a site like mine. These were the standards, I just wasn’t aware of them as not much is shared online on how to make money from sponsored posts.

The fact that I was accepting much lower prices only showed my lack of confidence in the authoritative platform I’ve been building for years. It was clients who opened my eyes for the money I was leaving on the table.

A few times I was offered $200 for quality articles too and accepted it. Some would say it’s easy money. But I know pretty well exactly how much I’ve paid for hosting for Let’s Reach Success over the years and how many unpaid hours (hundreds!) I’ve invested in it.

I was inspired to write this today because I just got paid $250 for a sponsored post that took me 10 minutes to add to my dashboard. Doesn’t matter which one or by whom. The point is that anyone can build a powerful platform and monetize it over time.

However, one thing you can’t go without is putting in the work long before you see any money coming in.

Share my message with your audience by pinning the image below. I’d appreciate it.

Learn how I earned $250 from publishing one sponsored post on my blog that took me less than 10 minutes and why you can do the same. #monetize #passiveincome #blogging #makemoney

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How This Family Guy Makes $10,000/Month Online Teaching Others How to Make, Save and Invest Money

How This Family Guy Makes $10,000/Month Online Teaching Others How to Make, Save and Invest Money - Interview with R.J. Weiss from TheWaystoWealth.com

This is an interview-style post with R.J. Weiss from The Ways to Wealth.

Hey R.J. What’s your background and what do you do?

I blog about all things personal finance at The Ways to Wealth.

Before I went full-time into blogging, I spent ten years in the financial services industry. Specifically, helping families buy the right type of life insurance.

During my time with a full-time job, I’ve always had different side hustles going on. From freelance writing, Amazon FBA, conversion rate optimization, to website design — there were many projects I pursued outside of work.

How did you start your career in finance?

I got started in finance straight out of college working for my the family insurance business. As I love the financial planning side of things, I choose to specialize in life insurance planning. This led me down the path to obtaining the CFP® Certification.

What made you start blogging?

The Ways to Wealth, which I started in 2016, has been my 5th blog.

The others mostly fizzled out most due to a lack of interest. But, in 2009 I started a personal finance blog called GenYWealth.com (no longer around) that had some success.

The idea GenYwealth.com was to write about what I was learning about studying to take the CFP®. The blog was, by all means, a success. I was able to gain valuable knowledge, pass the CFP® exam, earn some extra money and build up a good community.

I then took this knowledge and started a business blog, which allowed the insurance agency I was working for to generate leads.

I started The Ways to Wealth because my passion is personal finance–from investing to travel hacking, I love the challenge of optimizing my finances.

How was The Ways to Wealth born?

I didn’t have much of a plan for starting The Ways to Wealth when I purchased the domain name.

I was actually thinking it would be a niche site, which was inspired by Pat Flynn’s niche site duel. Then, I came across the income reports of Michelle Schroeder-Gardner and wisely changed direction to a more traditional blog.

This change came about 6-months after starting to blog.  I did a timeline of the site in one of my income reports.

What worked best when trying to grow the site?

I had a decent knowledge of SEO. So at first, I started growing the site with email outreach. One of the first posts I had about best investing books of all time, had about 15 links to it.

This was nice to start with but was quite slow to build up, as it can take a while to earn Google’s trust.

The big turning point came when I started to understand Pinterest. I spent a few frustrating weeks on the platform, then it finally started paying dividends.

I went from about 100 sessions a day to 1,000, which was huge for me at the time.

How did you get to 3 million monthly viewers on Pinterest?

the ways to wealth pinterest 3 million monthly views

I lay out my Pinterest strategy here. But at the core the idea is to:

1) Write high-quality content that Pinners want to click through, read, and share.

2) Pin to my own and high-quality group boards, with a keyword-rich description.

3) Continue to Pin my best pins across my own boards/group boards, ruthlessly eliminating Pins that don’t perform well.

One thing to keep in mind is impressions don’t mean much on Pinterest. What counts are clicks to your website. So, you want to design not for impressions but clicks.

What aspects of the online business are you outsourcing or automating and how?

The first thing I outsourced was Pinterest design. I’ll design about 30-40 pins a month, so this was big time saver for me.

Of course, it took some work to get going. At first, I hired 5 or so people on Fiverr. I found one decent designer but the work quality deteriorated over time.

I then went to Upwork and posted a job for a  graphic designer. I found a great team down in Argentina, who I’m very happy with.

I’m currently experimenting with working with a ghostwriter. A few of my latest posts have been transcribed from my recording, with the ghostwriter making sense of it all.

I can compile about 3 posts in 90 minutes, then take another 90 or so minutes to prepare them. Saving me around 3-4 hours per post this way.

What’s your main income stream and why do you think it works for you?

My main source of income for the blog is affiliate revenue. It works because the partners I do have are high-quality businesses, who deliver value and solve real problems. This makes it easy to naturally link to such a partner.

When did you start making more than $10K/month and what was the turning point?

My first month over $10K was in January of 2018. In December of 2017, income was around $3,000 and in July of 2017 around $500. So, it was definitely a jump.

What happened then in January?

First, personal finance is at its peak interest in January.

Second, I had multiple Pins go viral.

Third, in November I started driving traffic via Facebook to the site. So, in January I could take campaigns I’d been fine-tuning for a few weeks and scale them.

How do you balance work and family life?

I have a routine I stick to Monday through Friday.

When inside of my designated working hours, I work. When outside of these hours, I’m not.

This is a lot easier said than done. But the thing important for me is not to take work everywhere I go. This means I don’t have any apps on my phone that are work-related (email, analytics, etc..)

What are you 3 best finance tips for newbies?

  • Focus on your savings rate. How much you save is the most important decision you’ll make.
  • Small incremental improvements add up over time. My favorite example is increasing your savings rate 1% every quarter, means you’ll be saving 20% of your income in just 5 years.
  • Study happiness. Become a student on how to increase your level of happiness. The natural result is you’ll want less overtime, making the game of personal finance a lot easier to win.

What books, blogs or podcasts help you stay motivated along the way of growing an online business?

I read a fair amount to keep fresh ideas in my head.

My favorite podcast is The Tim Ferriss Show.

Two blogs I enjoy reading are:

Farnam Street
Barking up the Wrong Tree

And as far as books. I try to read one a week. A few books I would recommend to online entrepreneurs would be:

Deep Work by Cal Newport
The Compound Effect by Darren Hardy
The Four Hour Work Week by Tim Ferriss

Pin this post if you enjoyed the interview.

Check out my interview with R.J. from TheWaystoWealth to see how he entered the finance niche, started making money blogging, began bringing traffic from Pinterest and monetizing it with affiliate marketing, and is now making $10,000/month from his online business. #blogger #interview #blogtraffic #incomeideas #income