I made my first dollar online fairly quickly. Unlike others, it was a pretty uneventful, unmemorable moment. I simply installed AdSense, and got my first few clicks on the same day.
A lot of people I’ve talked to remember very clearly the moment they made their first dollar. It was an impactful, meaningful moment for them. It showed them that making money online was possible, and that they can do it too.
Not me. I don’t even remember the exact dollar amount my first click on AdSense was.
In this tutorial, I’m going to give you some realistic expectations on making your first few bucks with your blog.
How long will it take you to make your first dollar?
The question really shouldn’t be how long it takes you. Making your first dollar isn’t all that special. Sure, it gives you the realization that it really is possible to make money from your blog. However, it’s not 10 years anymore. We all know that earning a living through a blog is possible. Tons of people are doing it. There isn’t that need for reassurance anymore.
Making your first dollar quickly isn’t always the best thing.
I installed adsense when my blog was brand new. I was literally getting zero visitors per month through search.
This was 10 years ago, and I had no idea what I was doing. The only way I could drive traffic was by spamming Reddit, and other forums.
As you might know, these traffic sources are only temporary. You’ll get a spike of traffic, but it’ll die off pretty quickly as your link gets pushed down by newer posts.
After about a day or so, my traffic was back at zero. And I couldn’t keep spamming these forums, linking to my site. It might work once, but if your only goal is self-promotion then you’ll get banned pretty quickly.
So while I did make my first dollar pretty quickly, it meant nothing. It wasn’t consistent at all.
I realized that making my first dollar meant nothing. I needed to grow the site to my first $1/day. That would be be meaningful. It’s easy to make a dollar online, just once. The difficult part, and the part that most people fail at, is earning it consistently day after day.
How long it takes depends on how you decide to monetize
Are you going to be running the blog on an ad-based business model? Are you going to be focusing on affiliate sales? Or maybe you want to sell services or products.
Whichever you choose is going to determine how fast you make money.
Obviously, AdSense is going to be the fastest. Someone just needs to click on an ad for you to make some money.
The next fastest is affiliate sales. If someone lands on your site, then clicks your affiliate link and purchases something, then you make money.
The one that takes the longest is selling services or products. You need to gain someone’s trust and attention before they decide to purchase something directly from you. You need other tools like an email list.
On the upside, selling services or products has the potential to make you the most money. Services and products can sell for upwards of $1000 each. It’s a large amount of money, which again is why you need to take the time to build trust with your audience before it works.
Making your first $1000 is what’s noteworthy
Don’t spend time chasing your first dollar. You’ll lose focus and end up doing things that hurt you in the long run.
Instead, make a goal of making your first $1000 with your blog. That’s the milestone that’s worth achieving.
Making a dollar means nothing. But if you can make $1000, then you have something with real potential in your hands – something that can be grown and scaled into a 6-figure business.