Want to learn one of the best ways on how to make $10,000 per month multiple times on end?
For those who have been following for some time, I appreciate your support. For those who are new, I’m glad you’ve made it to this blog post. I don’t know you personally, but I do know that you’re here to improve the current state of your income and life in general.
Hi, I’m Tucker Ferwerda. In a nutshell, I make a living by doing digital marketing for companies. What is digital marketing?
It’s any type of marketing that is online. This can include social media, sales funnels, web design, freelancing, affiliate marketing, blogging, etc.
I know you’re here to learn how to make $10,000 per month as a part-time digital marketing consultant so I won’t bore you with the details of my life. But I used to work in warehouses in manual labor, now I train companies how to run profitable digital marketing campaigns. If interested, you can learn more about my story here.
Anywho, let’s dive into it.
It’s been said time and time again to create multiple sources of income or income streams. In order to create wealth and live abundantly, you need multiple income streams. Here is a list of mine that makes me $10,000 per month:
- Done-for-you, service work, Agency work, or Freelancing (all the same in my book)
- Selling programs, training, or courses
- Affiliate Marketing
- Earning Passive Income
Want to become a life coach? Then don’t become a life coach. What do I mean by this?
It’s simple. There are a lot of people who want to get paid as coaches. This can be health coaches, business coaches, life coaches, etc.
So what do they do next? They grab a domain name, throw up a website and BOOM! Without any type of training or degree, they’re now “officially” a coach. Believe me, I used to be there too. I used to want to be a life coach. You can even check out this super old and unused Instagram account to prove it lol.
People don’t just wake up and decide they need a coach. This takes a lot of effort and time for someone to realize they need an expert in their industry.
This is what you need to do instead: Learn a skill that people don’t have the time to learn who are already paying for and master it. Take this for example…
When I first started, I learned how to design WordPress websites. The exact site you’re looking at and reading right now was built on WordPress with my very own hands. If you’re interested in starting your own website and personal blog, here’s my step-by-step blog post that will show you how. You also get access to my blog builder bundle.
Let’s continue. I learned a skill that people needed that they didn’t want to do. I learned how to do something that busy people didn’t want to do themselves, but rather pay for.
This then brought me to learn how social media worked. Now that people have websites and blogs, what do they need next? EYEBALLS ON THEIR SITES! So I learned how to get people looking at my client’s sites through Facebook, Instagram, Pinterest, Youtube, Linkedin, and so forth.
I got really good at it. I’m not saying this to brag at all. Shame on you. But what I am saying is that when you get good at something, people want your help. They need your help and need it yesterday. They will pay through the nose to get help and that is when you become a coach. Learn valuable skills that people don’t want to learn and master them.
My main bread-and-butter from coaching is by teaching people how to do Facebook advertising and sales funnels. Sales funnels are websites that are meant to make money. Not like random websites that are hard to navigate.You can do this one-on-one or in groups. This is called group coaching. I get coaching students all the time because they want to learn it as fast as possible and from an expert.
I charge all my coaching students and clients through a system call Clickfunnels. You’ll learn more about Clickfunnels below but I create invoices and sell
My next income stream comes from consulting. What’s the difference between coaching and consulting you ask?
Coaching is done-with-you with accountability and steps set in place. It can also be “I teach, you do” scenarios.
Consulting, on the other hand, is more hands off. You are training but you’re not tied to the results. You’re sharing information and not doing it for you. That is true consulting. There are different types of consulting that do offer done-for-you packages too. But in this case, consulting is just that: Getting paid to share information. There are thousands of companies out there that will pay more than 40 million dollars this year on consultants to share information with their staff and employees. I highly suggest becoming a business consultant, marketing consultant, or personal development consultant for large companies. This will dramatically increase your income tenfold.
This is work that you do for others and you get paid for it. Also known as an agency, freelancing, or service-based work. You get paid to complete a job. This can be hourly or fixed price depending on how you decide to go about it with your client.
People have a task that they don’t want to do because they are too busy to learn it, let alone do it. They are focused on building their businesses and don’t have time to learn new things. This is where you come in. Imagine being an expert at Facebook ads for example. Just like I charge, you can charge a local company like a chiropractor or a dentist $1,500-$4,000 per month to run their ads and get them leads and sales. Dentists don’t know how to do social media. Chiropractors don’t know how to run Facebook ads. They simply don’t have the time to learn because they are fixing teeth and backs. Get 10 people to say yes, and you are definitely making more than $10,000 per month.
I charge my clients and consulting clients with Clickfunnels as well. This is a great system that allows you to selll more of your products and services.
Some people don’t want to learn from you one-on-one like coaching, and some don’t have the budgets like multi-million dollar companies have to pay for consulting. But they still want to learn and do it themselves. So this is where you create courses, training, or recorded programs that people will purchase so they can learn on their own time and dime. This is incredibly profitable and saves a lot of time because you create something once and get to sell it over and over. It also saves you a lot of time because you’re not working individually with every single person or business. You can sell a program or course anywhere from $40-$5000 (I’ve spent money on both).
The beauty of affiliate marketing is that you don’t have to create something and then sell it. People might be better than you at something, have a better course or training, or have a better software that they’ve made. Instead of creating your own thing every single time, simple sell someone else’s product and get paid a percentage for it. Simple. Don’t try to reinvent something. If someone else has a better product, don’t try to beat them. Join them and get paid without creating something new. I have friends who are making $50,000-$70,000 every month from affiliate marketing.
What you want to look for are products that you can sell that are recurring. Meaning they bill every week or month. This is then called passive income, which brings us to our last topic.
Passive income is similar to affiliate marketing but different. Affiliate marketing you might be selling something once and you get paid once. Imagine doing something once, but you get paid for it for 5 years every single month. Pretty cool, right? That’s where passive income comes in. As said before, find a product that bills on a monthly basis that people need and are already buying.
A lot of people think that passive income is when you get paid over and over for not working at all. This is not the case and shame if you think it is! You can’t think this way. Creating passive income streams takes a lot of work. But when you have a system that works, it’s an amazing feeling knowing exactly how much money you’ll make next month.
Another passive income stream is blogging! My wife Kara and I get paid from our blogs because we write a post once, and it continues to sell for us.
My favorite passive income streams comes from Clickfunnels. Clickfunnels is an all-in-one marketing platform that allows me to create membership sites for courses, bill clients and students, and sell stuff for myself and my clients. This is what I used to make $10,000 in a month. In fact, I’m currently making over $400 per month with it.
This is how to make $10,000 per month and how I’ve done it time and time again. I absolutely love it.