How To Build An Easy $1,000 Per Month Money Stream Online
How I've built five of them since 2017
In 2020, I dabbled in video game streaming a little bit on Facebook. I know, I know, hurl the insults towards me later.
My goal was to someday make $1,000 per month from it.
I eventually stopped streaming because I wasn’t enjoying it as much as I thought I would.
However, after building 5 different $1,000+ per month revenue streams since 2017, I’ve realized that you need to do 7 things to sprout your own money tree.
Let’s get to it.
1. Put In 10 Times More Reps Than You Think You Need
I’ve never seen a streamer with 10,000 followers who only went live 3 times. That’s ridiculous, right?
Same with writing online, making videos, and even growing an Instagram page.
If you don’t create a lot of stuff, it doesn’t matter what steps 2–7 are — you just won’t make it.
So, before you think you’ve failed, you need to ask yourself whether you’ve put in the necessary reps. Think what that is. Is it 10 blog posts? Multiply that by 10 and now we’re talking. 100 blog posts.. write 100 of them.
Take how many reps you think you’ll need and multiply that by 10.
2. Treat Every Person Who Pays Attention To You Like Gold
I used to spend an hour every night responding to comments when I had 300 followers.
People appreciated that. Then I noticed the same people kept coming back to comment on my stuff again and again. We had inside jokes, running gags, and I sometimes mentioned these folks in my articles.
It was a great time.
I took that and carried it over to Youtube and Facebook when I started making videos. People appreciated that.
The same thing goes for your own venture. Treat the first few people who pay attention to you like gold. Give them more of your time. Smile. Go the extra mile. Time spent thinking about how to make their day is not time wasted.
3. Change Your Location If Need Be
My first blog was a Wordpress blog. After 6 months, I had about 3,000 total views. Then I switched to this site. In my first 6 months here, I had over 20,000 views.
Sometimes it’s all about the location.
Youtube was a platform that was difficult to crack for me. I’d upload videos and get 100 views tops. Then I started uploading my videos to Facebook and got 2,000 views on my first video there.
Location is everything.
Location could mean all the difference in the world.
4. Experiment Constantly
During my first video game stream I played Call of Duty. On my second stream I played Mobile Legends. My third stream I’ll probably play something else.
Experimentation is crucial to finding the sweet spot of anything.
If people don’t like what you’re giving them, then give them something else. Experiment or die. Who knows, maybe you’ll like it too.
5. Do What Your Peers Are Doing
During my short-lived streaming career, I spent a lot of time looking at what other creators typically did, too, on Facebook.
Stand on the shoulders of giants. 2 hours of research on what your peers are doing is probably more valuable than 20 hours of figuring it out by yourself.
This is important mostly to see how they make their money. Once you understand how they do it, you can duplicate it.
6. Deviate When You Feel It In Your Gut
Two years ago I got a strong urge to write about God. I NEVER write about religion or God or any spiritual topics.
It would be like Donald Trump tweeting about how to be good at knitting or something.
It just wasn’t my style, and it wasn’t really a “strategically” good decision to make for me. But I did it because I felt it was right in my gut. I wanted to deviate because, well, I don’t know.
I ended up writing one of my best articles ever, I think. It didn’t get a billion views or anything, but I got some of the most thoughtful responses on that article that I’ve ever gotten in my life.
There comes a point on your road to mastering something where you’ve essentially seen the entire trail. You know what parts to stay away from. You know what’s on the other side.
When you get to this point, it’s important that you indulge your curiosity to stay in love with whatever you’ve mastered. It’s here, at this crucial juncture, where you can find your own path and make your own mark.
So indulge yourself when you feel like it.
7. Build A Network Around What You’re Doing
A group of 5–10 writers helped me take my publication, the Post-Grad Survival Guide, to the next level a few years ago.
These are all friends of mine. Without them, my publication would still be relatively irrelevant.
I can’t stress how important it is to build a network. If you want to go fast, go alone, but if you want to go far, go together.
I’ve realized over the last few years that this is a crucial capstone requirement to truly mastering something. Meet your peers and work together.
For every venture I’ve ever attempted, I’ve replicated these 7 steps to find success. Number three is one of the harder ones to get right, but once you get that one squared away, I believe you can build a $1,000 per month money tree online.
I can't seem to come up with an idea that sticks for subject or audience. So you have any suggestions on how I might research areas of interest?
I don't feel like I have anything valuable to share. It's not lacking in self-confidence. My focus and interests change frequently so it's difficult for me to paint (write) inside a box.
Luv this, dear Tom. You’ve given me precious tips on how to write consistently and build a loyal tribe. I am now deeply thinking if I’ll gonna write something that happened in my life but was feeling scared and hesitant to do so. Thanks so much for the inspiration. 🙏🏻🖤🤔🧐