EXACTLY How to Make Your First $10,000/mo (my formula)

3 min read 2 hours ago
Published on Jan 31, 2025 This response is partially generated with the help of AI. It may contain inaccuracies.

Table of Contents

Introduction

In this tutorial, we'll explore how to make your first $10,000 per month online using a structured framework introduced by Jason Lee. This guide will cover essential models and strategies that can help you achieve your financial goals in 2025. Whether you're starting a side hustle or looking to monetize your skills, this framework will provide actionable steps to set you on the right path.

Step 1: Understand the First Rule of Making Money

  • Mindset Shift: Recognize that making money online requires a different mindset than traditional jobs. Focus on value creation rather than just earning.
  • Commitment: Dedicate time and effort consistently. Success won’t happen overnight, but persistence pays off.

Step 2: Learn the J-Curve Model

  • What is the J-Curve?: This model illustrates the typical trajectory of success in online businesses. Initially, you may experience a decline in results before seeing a significant increase.
  • Key Components:
    • Initial Investment: Expect to invest time and resources upfront.
    • Patience: Understand that early struggles are normal; stay committed to your plan.

Step 3: Explore the Instant Revenue Model

  • Definition: This model allows you to generate revenue quickly without the J-Curve's initial dip.
  • Implementation:
    • Identify High-Demand Niches: Focus on areas where consumers are willing to pay immediately.
    • Create Simple Products or Services: Offer something that meets urgent needs, such as consulting or digital products.

Step 4: Consider the Hybrid Model

  • Combination of Approaches: This model merges the J-Curve and Instant Revenue tactics.
  • Strategic Planning:
    • Build Long-Term Assets: While generating immediate income, also work on projects that will provide ongoing revenue.
    • Balance Efforts: Allocate resources to both short-term gains and long-term sustainability.

Step 5: Adopt Jason's Personal Approach

  • Monetize Your Skills:
    • Identify Your Skills: Choose skills that are marketable and in demand.
    • Leverage Online Platforms: Use platforms like YouTube or social media to showcase your expertise.
  • Quick Monetization:
    • Set a Target: Aim to monetize your YouTube channel or other platforms within 30 days.
    • Create Quality Content: Focus on delivering value to your audience to drive engagement and revenue.

Conclusion

Making your first $10,000 online is achievable with the right framework and mindset. By understanding the J-Curve and exploring various revenue models, you can strategically position yourself for success. Remember, persistence and value creation are key to your journey. Start identifying your skills and consider how you can leverage them to generate income. With commitment and the right strategies, you're on your way to achieving your financial goals.