$0 to $1 million in 5 years, possible?

[gipulvorka]

I'm really sick of living the average life. Want to get to a better place, I have a dream of earning $1 Million within 5 years.
I'm currently at $0, and I am learning IM from almost a year now and working on a website for 6 months now.
Is it possible for a newbie to earn $1 million in 5 years with very tight budget to spend on websites?

 

[Makemeproguys]

Lol no

 

[MisterXYZ]

Do you want $1 million in 5 years or $5 million in 5 years.

 

[Entexion]

I have done around $500k in 4 years purely from online ventures, but due to circumstances, expenses and bad planning I'm now at 0 and starting again.

 

[gipulvorka]

Do you want $1 million in 5 years or $5 million in 5 years.

more is better. It was a typo, I've corrected it.
need $1 million in 5 years

 

[gipulvorka]

I have done around $500k in 4 years purely from online ventures, but due to circumstances, expenses and bad planning I'm now at 0 and starting again.

this is motivating, what type of business you did to make this much?

 

[MisterF]

Earn as in turnover or as in profit? But in either case - YES, depending on what you're wanting to do.

 

[gipulvorka]

Earn as in turnover or as in profit? But in either case - YES, depending on what you're wanting to do.

I'm talking about profit here.
You and Webminati motivate me to keep going in this field.
I wish to work with you guys in the future when I'm good enough.
There's lot to learn from you guys.

 

[Willyfish]

yes, good idea, good strategy and good focus will make you a millionaire... But I doubt many can keep those things united when difficulties arrive

 

[gipulvorka]

yes, good idea, good strategy and good focus will make you a millionaire... But I doubt many can keep those things united when difficulties arrive

Yes, It gets really difficult to focus in tough times. But I think I can't be happy and satisfied with current situation, so I will have to keep working. Don't know how long it will take to get there.

 

[mainhoondon]

Is it possible to earn 100 million USD in 10 years?
Is it possible to reach the moon by making own rocket?
Is it possible to become the next Bill Gates?


... it would really depend buddy.
What kind of experience do you hold and your risk appetite and a bit of luck.
Making 1 million USD out of thin air is possible but highly highly unlikely.

How much is your current site making? How dedicated are you? Do you plan to scale this up to eventually form a company and have people working for you or want to do it all alone?

Lot of factors.. Lot of variables.. some of them in your hand.. some of them like COVID just happen.
So the answer to your question would be.. it depends

 

[Dopious]

Yes, defently possible to do. Even yearly, with affiliates or adwords as marketing method, combined with articles for the long run.

 

[blackhatO.owhiteheart]

more is better. It was a typo, I've corrected it.
need $1 million in 5 years

Heh maybe it is the answer for you, wish you get to find out. Though "more is better", hmm i dont know. Whatever you do remember to enjoy the journey.

 

[gipulvorka]

Is it possible to earn 100 million USD in 10 years?
Is it possible to reach the moon by making own rocket?
Is it possible to become the next Bill Gates?


... it would really depend buddy.
What kind of experience do you hold and your risk appetite and a bit of luck.
Making 1 million USD out of thin air is possible but highly highly unlikely.

How much is your current site making? How dedicated are you? Do you plan to scale this up to eventually form a company and have people working for you or want to do it all alone?

Lot of factors.. Lot of variables.. some of them in your hand.. some of them like COVID just happen.
So the answer to your question would be.. it depends

I will have to do it. no matter how many years, I will make it work and scale it . I need to get to a better place.

Yes, defently possible to do. Even yearly, with affiliates or adwords as marketing method, combined with articles for the long run.

I will keep working till I make it.
I'm also working on affiliate products but very low commission, once this starts working I will shift to better affiliate programs, but I currently only work with SEO.

 

[gipulvorka]

Heh maybe it is the answer for you, wish you get to find out. Though "more is better", hmm i dont know. Whatever you do remember to enjoy the journey.

It's really depressing when you get no results even after doing all that you know. It will not be like this forever, but starting is always tough.

 

[Deleted member 923340]

Only one way to find out.

 

[gipulvorka]

Only one way to find out.

Just do it?

 

[dotc0m]

There was a savings chart that @IamNRE mentioned.

Gain 10% a month every single month with $2000 as a base and in 5 years you will have riches

 

[gipulvorka]

There was a savings chart that @IamNRE mentioned.

Gain 10% a month every single month with $2500 and in 5 years you will have riches

I'm also learning to invest. I even started investing, but it is really hard to save for investing when you earn too little. So, I had to let it go for a while.
WIll only be able to invest when I make profits.

 

[Dopious]

I will keep working till I make it.
I'm also working on affiliate products but very low commission, once this starts working I will shift to better affiliate programs, but I currently only work with SEO.

The key here, is to not do affiliate, instead focus on your own product/service/membership and use other people as affiliates for your venture.

.