3.4k$/MO by end of 2019

Tanzys

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Feb 10, 2019
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Hello everyone, I’ve been a stalker in BHW for around a year passively looking into different ways of making some income online, but not really taking any action. I saw some really interesting journeys here which bring value to people, so I want to try doing the same, while also helping to motivate myself while sharing my own journey with others.


My goal is to reach 3400$/month by the end of the year, and at least 30% of my earnings to be passive income.


Long story short, for 4 years I was working in different IT companies in my country and always thought that career was the most important part of my life. During my time working, I enjoyed launching new projects, managing teams and being promoted several times throughout first 3 years. Later I was headhunted by another company, received a nice payroll 3x than average salary in my country, but the job was terrible, I could barely make some decisions on my own, everything had to be approved by my boss who was a douche, and I wished that a war started or aliens landed on earth so I wouldn’t have to get up on Monday. So I took a decision to leave and chill, think what I want to do in my life and all the blah blah blahs of standard millennial (I turned 26 just a few days ago btw). Now I realize that getting back to 9-5 if something I definitely don’t want to do and IM is the way to go. After leaving my job a friend invited me to do some freelance project management in his media company, so I earn around 400$/month here working 1-5 hours/day and have a desk at the office which helps me to separate work-home environment, while enjoying what I do. Since I am still officially unemployed I get 700$ from government until 1st of May and I plan to move back living with my parents to get another 400$ renting my flat, as well as a motivational boost to move out once again.


So in total my current income is:

400$~ for Project Management

700$ until May from government

400$ When I rent my flat, plan to do this in the upcoming month


To live I need approximately 750$~, this covers gas, food, daily expenses, loan payment. So I am left with around 750$/month to invest into IM for the next 3 months, later it will drop to 350$, but I hope by that time to be making some money out there. To start I have 1500$ left in my savings account.


I tried dropshipping, had three stores opened, spent nearly 1k$ on marketing/Shopify but haven’t found big success, due to lack of consistency and my own mistakes doing targeting/promoting bad products and not taking data too seriously. In fact I only had 1 sale, but I find the business model pretty interesting and will definitely get back to it when I have a bigger bank roll.


Ok, so quite a long intro and now let’s cut to the case.

By the end of 2019 I want to have 3 different income sources:

  • Instagram accounts

  • Video Stock Market (since my friend owns media company I have resources to use, staff/equipment, so my deal is that I will earn 30% out of every sale made for managing shoots/account)

  • Shopify store or stores

My goal for February is to automate 100 instagram accounts in the following niches:

  • Beauty and makeup

  • Babes

  • Cars

  • Cats

  • Fitness/gym

  • Food

  • Interior

  • Luxury Lifestyle

  • Snowboarding (a passion of mine)

  • Traveling

I will be using Jarvee as a software, setting up 1 account per proxy testing different settings to see current limits of Instagram. AFAIK its much tougher now after November updates, so I see how that goes.


Starting budget:

1500$

Costs:

70$/month for Jarvee

260$/month for proxies

200$ for 100 phone verified aged IG accounts

70$/month for VPS


I will still be looking for better prices for these services, but these are approximate prices from what I’ve read until now.


When my IG accounts will have at least 10k followers I plan to launch different Shopify stores covering some of the niches to monetize them, and going to sell them later.


I plan to update my journey once or twice a week, with things that I’ve learned and mistakes that I’ve done, so any other starter don’t have to repeat them after me :)


Hope someone finds it interesting. GLHF.
 
wel no updated bro i guess the new IG policy killed your business model
 
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