January 16, 2017 110 comments

How to Start a Profitable Online Business for $50 in 3 Months or Less

by Regina

How to start an online business for $50, in 3 months or less. Want to start freelancing, coaching, or selling infoproducts online? This is your guide.

This post is for your eyes only if you are currently trying to start an online business (a profitable one) from scratch . . . and you want to do it in three months or less . . . oh, and you only want to spend about $50.

Whereas this post (originally published in April of 2015) used to link to a podcast episode on this topic, I decided to completely revamp the post. Why? I think the first chapter of my newest book (which you can find out more about at the bottom of this post) might inspire you and help you to create an amazing online business this year. Ready?

Let’s only assume 3 things as you start your business:

  1. You have access to a computer and the Internet a few times per week.
  2. You have access to a smart phone (yours or a friend’s) that can take pictures and connect with social media.
  3. You either have your closest friends’ and family’s email addresses, or you’re connected with them on Facebook, or through some other electronic means. As in: You can get in contact with your people—whether that be 10 people or 1000, for me, it was more like 10 when I first started. Or, if you’re not connected with friends and family, you’re okay with building a presence online and engaging with strangers (who will totally become your friends, don’t worry).

Now, let’s get into the first chapter.

Chapter 1 of Build Your Freedom Business for $50 in 3 Months or Less: How to Start Coaching, Freelancing, or Selling Information Products Online

“What have I gotten myself into?” you may be asking. A lot of things. But the main one is discovering a new system for starting a business you love. Really, a way of thinking and moving through the very involved, and intricate, and amazing world of creating a profitable online brand or empire.

After years of creating various businesses, years of creating websites for clients and personal projects, and most recently, years of creating and running online businesses full time, I can without doubt tell you I’ve failed a lot.

Wait, what?

Yes. I’ve failed miserably, I’ve failed publicly, and I’ve failed my way to success. Let me explain. Because I believe the lessons learned can help you create your own business online with less stress, fewer headaches, fewer sleepless nights, fewer mistakes, and less time. It will still be a lot of work, but man will it be worth it.

Let’s explore.

The Internet created a whole new world of possibility and completely changed the way we (1) get information, (2) make purchasing decisions, and (3) operate businesses . . . among other things.

The online space as it is today makes it possible for people like my friend Erika, a mother of three adorable kids, to make a living online training people how to provide better customer service. The Internet allows my friend Mike to provide coaching for mind, body, and emotional health. It allowed my friend Kelsey to create and sell planning templates to busy women for a full-time income until she decided to also show people how to design their own (which gave her another full-time income). My friend Ivan sells design and brand strategy work online. My friend Aislinn markets and sells her freelance writing skills online for a living. And I could go on . . .

I have friends doing everything from teaching yoga, and selling interior design or architecture services, to creating fabric patterns and selling cookbooks online. I myself write and publish books on business and marketing, plus create courses on starting and running a business, getting better at conversations as an introvert, and using yoga and movement to increase your flexibility, durability, and range of motion as an athlete or gym rat.

How is it possible to make and sell the types of products and services all of these people are creating? How can you really create significant extra income each month or perhaps even work for yourself full time online?

There is more than just one way to accomplish this goal, and in this book, you and I are going to explore the “system” I’ve used to create a full-time income online in the following ways: through freelancing, through online coaching, through self-published books, and through online courses.

Please be mentally prepared that this process is not easy and will require consistency from you, and that the “system” I’m showing you is a solid framework that you can modify and mold to fit you.


Here’s an overview of the system that we will dive into deeply within this book:

Step 1: Start with PASSION.

As cliché as it sounds, I think that the passion you feel for a hobby, a cause, a people group, a certain subject, or a specific skill will be a key driver of creating something meaningful and awesome.

In this book, we will get into a questionnaire to help you discover some of your true passions plus a list of 1001+ niche topics to help you pinpoint what interests you, what you want to talk about and create content on, and what you love.

As an example, for the purposes of this overview, let’s take a woman named Frankie who is a yoga + fitness instructor, a woman named Ingrid who is passionate about the uniqueness and strength of introverts, and a man named Paul who has transformed his health and body by becoming vegan and eating an amazing plant-based diet.

Meet Frankie, Ingrid, and Paul. Your friendly avatars will help us process all this epic information on starting an online business coming at you.

Frankie identifies her passion as helping people get fit.

Ingrid identifies her passion as helping introverts embrace + use their personality traits and succeed in life.

Paul identifies his passion as the power of veganism to transform your internal health and your body.


Step 2: After identifying your passion, identify your PEOPLE.

Part one. When you have a specific topic/niche in mind, it’s time to start imagining the basic details and habits of the type of person who will be interested in your topic or who needs help with what you provide content on.

Paul might assume that women (and a few men), between the ages of 24 and 50, who have had digestion issues or who are having a hard time losing weight or staying energetic throughout their day might be in need of his information.

Frankie might start to realize she really wants to work with martial artists and other athletes in need of strength and agility. She might then assume most of her clients or audience will be between the ages of 20 – 40, and she might also assume that many of her clients will be men.

Ingrid might realize that most of the people she’s ever talked to about extreme introversion are women, between the ages of 25 – 50 who are tired of being made to feel like their personalities are weird or bad.

Part two. Once you have the basic details of your people in mind, you can head to the Internet (and to in-person events, hangouts, or organizations) to actually find these people and engage with them. In fact, you may already be involved in groups either online or in real life that hold your ideal audience members.

Part of creating a successful online business is narrowing down and/or deeply understanding your audience--the people you want to help.

Ingrid might find a Facebook group or another type of online community for introverts and join it. She might also start reading the comments on top blogs about being an introvert.

Paul might find a Facebook group for people trying to lose weight or struggling with digestion issues (there are groups online for all types of needs, people, and interests).

Frankie might connect with people in her gym or people who regularly comment on a popular MMA Instagram account or a men’s health magazine’s Instagram account.

Part three. After you’ve engaged with your people a bit, it’s time to learn more specifically how to help them. This may include working with them pro bono, providing free content to them, or even creating some low-priced services or products to test the waters.

Paul might offer to coach one of the women in an “Overcome IBS” group online through a plant-based diet for 30 days. He might also create some free meal plans and share them with his friends on Facebook.

Frankie may decide to offer a few free sessions to a martial artist at her gym who she has seen lifting in such a way that will slow his progress towards becoming more quick and agile. She might also decide to do a “10 Days of Basics” series, where she covers some foundational lifts, exercises, and principles for people who want more speed and agility—then she might share her videos or pictures with an online group she is a part of and invite people to ask any questions they may have.

Ingrid may start asking questions in the “Introvert Power” Facebook group she found about what people’s biggest struggles are or where they feel most misunderstood. She might then create and share several new blog posts that address the topics the other women have brought up.

Part four. Once you’ve worked with your people a bit, it’s time to go back to that basic description you created of your ideal audience, and truly take time to expand it. Understand your people fully, ask them questions, draw from your experience of working with them for a while, and confidently move into the next stage of your business with the knowledge that you can really help the people you want to.

Ingrid may figure out that the majority of people’s issues (at least, the people she’s connected with) stem from their discomfort in social situations. As a fellow introvert, she knows the value that introverts present to friendships, organizations, and the world in general, so she wants to help introverts function better socially—and be able to get more and give more in their time around “strangers.”

Frankie may come to realize that she’s most passionate about working with mixed martial artists and basketball players. She might decide to start pitching freelance content to elite gyms, sports magazines, or popular Instagram accounts in her niche. She might continue to work with athletes and listen to their questions and frustrations intently.

Paul may start to realize he really wants to work with people who are having troubling stomach issues and not people who are only interested in weight loss. He can start to engage even more with people who fit this description, he can take notes and learn from the questions and ideas of the few people he worked with for free, and he can ask lots of questions of the people he’s finding.


Intermission—It’s time to figure out which product(s) will get the information or help you offer (from your passion you identified in the first step) to the people you came to understand in the second step.

At this point, you will likely have some idea of how to best help your people. Is your topic/expertise something you need to walk people through step by step? Maybe a coaching program is best for you.

Is what you do so specialized and fun for you that you want to just create it for your client instead of helping them create it? Perhaps freelancing (graphic design, copywriting, interior design, etc.) is best.

Do you want to take all your knowledge and package it up as videos, audio, or even text and images that people can access anytime, anywhere to help them accomplish a goal? Perhaps creating an online course will help you reach the most people.

Or, would you like to find ways to communicate through text and images and create a low-cost product with zero to no ongoing maintenance? Perhaps writing and publishing your own book is your best bet.

When you create a profitable online business, you must decide what types of products best deliver your information or assistance to your ideal audience members.

Paul might decide that the hand-holding and emotional support of a coaching package is the best way to serve his clients during such a sensitive time in their lives. He wants to offer 1-on-1 options (for those who want privacy) and group coaching options (for those who want to meet and learn from others going through similar issues).

Ingrid may decide that a book (a very non-invasive learning tool for introverts) on better conversations and socializing will serve her audience best.

Frankie may come to discover that one-on-one coaching is super effective but that an online “Need for Speed” course is a great way to transform athletes from a distance who desperately need her knowledge.


Step 3: Now. Once you have a grasp of your passion and your people, it’s time to create the rough draft version of your PRODUCT.

When I say “rough draft” know that this can actually mean anything from a landing page with information on your service or product plus a place for people to request more information and get a free resource while they wait . . . all the way to a site for a full-blown, fully published book on the topic of your choice.

The great thing about the Internet though . . . is it lets you test out ideas before you sink a ton of time, money, or work into them.

Paul might build a landing page for a new 90-day transition and healing program he’s outlined (but hasn’t finished creating all of the content for yet).

Ingrid might put up a blog post and pre-sales page on her website for her new book. She might even give away the first chapter for free.

Frankie might create a short introduction video series for her “Need for Speed” course that athletes can get for free when they sign up to her email list. She may then email them information on a full-blown course/program and see how many people click a special link to say they’re interested in the program at the price point she’s suggesting.

In this book, I will show you how to set up your minimum viable product (MVP) or rough draft product for four of the things I’ve done online for a full-time income: coaching, freelancing, book publishing, and course creation. Keep in mind though, you can also choose to create physical products out of your passion, or hold in-person workshops, among many other things.


Checkpoint—It’s time to establish an entity, brand identity, and content plan (this is what will consistently show people you know what you’re talking about and attract people to your brand).

Oh, and here’s the good news. In this book I show you a few different models of content creation. There is more than just the strategy of creating tons of blog posts or podcast episodes consistently. I promise. I’ve seen it and I’ve done it multiple ways.

Ingrid might start her business, then brand it with very soft, neutral colors, and start creating a “conversation tips series” as downloadable audio files that her audience can listen to as they commute, work, run errands, or relax.

Paul may decide to form a legitimate business entity, name his business something catchy dealing with gut health or veganism, and start interviewing people on plant-based diets twice a month.

Frankie might start her business, name it after herself, and start recording videos of some of her most fun workouts.


Step 4: After you’ve got your minimum viable product (or idea for it) and your brand in place, it’s time to really focus on creating a powerful PLATFORM for you and your information.

You will want to consider creating “audience magnets” (content to draw the right people to you online), organic search engine traffic to your site (by playing nice with Google and Pinterest), regular social media posts in the right channels, and even online events to drive awareness of your topic and brand.

When you are trying to consistently attract the right audience for you to your online brand, it's important to develop some audience magnets, or content upgrades, that will engage your ideal people.

Frankie might create an eBook called “Speed for Martial Artists” and another one called “The Baller’s Guide to Agility” and release both for free, sharing them consistently. She may release some of her workout videos on Instagram and on YouTube and start hosting regular live informal “workshops” or Q+A sessions online to attract athletes with questions.

Ingrid might create a quiz called “What type of conversation introvert are you?” that helps people identify their major fears or blocks when talking to strangers, networking (psst—as an introvert, this word makes me cringe), or meeting new people.

Paul may decide to create “The Beginner’s Guide to Understanding Plant-Based Diet Healing” for free and release his interviews regularly on YouTube and as a podcast on iTunes. Paul might also start creating custom graphics for each episode that he can share on Pinterest.

Psst—you and I, and Frankie, and Ingrid, and Paul, will all probably benefit from creating an actual editorial plan (as in: a super professional, and well-thought-out schedule) for our content so that it all fits together nicely and works toward common brand goals. You don’t want to create individual pieces that don’t fit well together or serve a greater purpose.


Step 5: Now that you have your online platform planned out and rolling, it’s time to discover how (and what types of) PROMOTION can consistently point interested people directly to your epic solutions for their needs.

You may want to set up something like content funnels (ex: a set of automated emails that happen after someone signs up for one of your resources or online events) to consistently create sales of your product or inquiries from interested parties about your service. Or, you may want to master the basics of email marketing, high-energy online events (think: webinars, workshops, summits, or challenges), or sales for sensitive people who don’t want to seem “salesy.”

Paul may decide to host a “Quit Effing Around with Your Gut Health” webinar once a month for people who are in desperate need of change. During and after his webinar he might create some automated pitches of his full coaching services (or a cookbook he’s since developed) to encourage consistent sales.

Frankie might decide to use her eBooks as the start of an automated funnel, but also set up a “Speed Challenge” that starts on the first of every month as a Facebook group for athletes. She can pitch people her course during or after the guided challenge that familiarizes people with her teaching style and effectiveness.

Ingrid may also create a challenge that helps people spark up conversations with strangers. She might design it as five days of unique activities, and each day that an automated email goes out (as in: she can schedule it in her software and doesn’t have to press “send” each time for each person) she might also offer a discount code for her full course.


Ongoing tasks: It’s important to keep accountability partners, and a plan for the organization + auditing of your life (self-care, balance) and business as you go.

If you let things “progress naturally” with no plan of accountability or organization, you may end up as I did . . . with a business that is running you, with tons of stress, and with more work than is reasonable for one person.

Ingrid may join a weekly mastermind group for support and hire a virtual assistant to help with recording expenses and organizing her email inbox.

Paul may look into getting a business coach and joining a few key business support groups on Facebook.

Frankie may set up a plan to do her own home practice of yoga and fitness so that her own body is not neglected while she serves others.


So, what do you think about this framework? Are you willing to try it? Can you see the image of something epic brewing on the horizon? (Way to mix metaphors and sound silly, Regina.)

If you think you’re ready to begin this journey into creating a profitable business online, the next chapters of Build Your Freedom Business await you.

We’ll begin at the beginning. With your passions—the things that you love and live, the things that drive you and make you want to create.

Let’s begin, my ninja friend. Sign up below if you want information (and an offer for an epic price) on my newest book before it’s released in a few days. I’ll send you an email with some goodies soon.

110 responses to “How to Start a Profitable Online Business for $50 in 3 Months or Less”

  1. Luke Jordan says:

    Hey Regina,

    Looking forward to seeing your strategy; I am a firm believer that anyone can make money with nothing but internet access and determination (both to learn and succeed).

    Have a great week,

    Luke Jordan
    Intergeek

  2. Whitney says:

    Thanks, thanks and thanks again for this, Regina!

    My goal is to launch my site by May 1st, so this is SO perfectly timed for me. I’m currently in that, “ I’m so excited, I’m so excited…I’m so scared” phase of site/brand development. (Did you just get my Saved By the Bell reference?)

    It’s fair to say I’ll be absorbing every little detail of this! And by the way, congrats on bravely venturing out into the podcast world, girl! You.So.Fierce.

  3. I can’t wait to listen to the podcast later!
    How do you produce so much great content so quickly??

  4. Miranda says:

    This is EXACTLY what I needed today! Thank you for being awesome.

  5. Helen says:

    Regina, will look forward to following along with you. I did pretty much this in 2002 (sold it in 2006). Then again in 2009. Have been derailed somewhat, by personal events, and the landscape has changed so much recently, I’ll be really interested to see what you have to say (and, hopefully, to learn a great deal from you – firstly how on EARTH to listen to a podcast….I’m such an old school technophobe, it’s untrue)…..thank you, as ever, for your amazing generosity and kindness of spirit…..Helen

  6. So fancy! Will this be available to download on my iPhone? I can totally walk and learn instead of walk and stare at people.

    If not I can just come back and listen later. You’re so amazing with how much quality stuff you put out!

    • regina says:

      Erin, thank you for your question. I will make it available on iTunes soon; right now it can only be downloaded through the SoundCloud app.

      I appreciate your sweet comment, and I’ll try to get this up as soon as possible.

  7. So excited for this Regina! I just proclaimed to the Universe that I am going to have a life coaching business that replaces my day job income by June 1st and your outline will match perfectly with my intentions. Plus, I already have some of the things you have on your list accomplished so I definitely feel this is possible!

    • regina says:

      Yay, Gabrielle. I love that this is such an exciting time for you. I’m wishing you all the success with your brand. I can’t wait to release the next episode now.

  8. Nicole says:

    What you’re doing is so cool, exciting and inspiring!

    I heard somewhere that instead of reading multiple sites and getting overwhelmed by all of the information available over the web that you should find just one that you go to regularly to read, learn from and/or aspire to. Your site has definitely become that one site for me!

    Thanks for all that you share so well and so freely!

  9. Sara says:

    Regina I’m really excited about this Podcast series! Thanks for being amazing as always and have a fantastic week 🙂

  10. Mary L says:

    This post could not have come at a better time. For a couple of weeks now, I decided to start a business, but had know idea where to start. This is perfect! Thank you!

    http://www.sweetheartofthesouth.com

  11. Sasha-Shae says:

    Awesome, totally tuned in, great first session. Looking forward to the others. This is truly inspiring Regick, and I’m so ready to get my ideas off the ground 🙂

  12. Sheba says:

    Can’t wait to listen! It’s also timely for me. Go you!

  13. I’m so there! This is awesome. I’m pumped for episode 1!

  14. Bonnie C says:

    It’s almost like you picked my brain (or scrolled my most recent pins ;p) and tailored this to *exactlywhatIneedrightnow*! Also, I just recently discovered podcasts (I am the antithesis of “hip”) and am *loving* them so, YAY! A new one! That’s relevant!

    Quick question: Will the podcasts only be available here on the website or are you planning to release them on iTunes or Stitcher or whatever else the kids are using these days?

    Thanks!

    • regina says:

      Haha, the kids these days. You’re funny Bonnie. Yes, I’ll be releasing this on iTunes very soon. Honestly, I’m really still figuring all this out; I just thought I’d release it instead of waiting for the moment I had it all figured out, because, let’s be honest, that’d be never.

      Thank you for your comment and I’ll try to get out the iTunes situation soon.

  15. Erika says:

    I am SO FREAKING EXCITED that you’re doing a podcast. I just had to say that. Now I’m off to listen.

    *happy dancing*

  16. Angie says:

    Have you been reading my thoughts (quit doing that)? I’m working on re-launching my site in a few weeks and this is perfect for me. Yay! Thanks a bunch!

  17. Sydney says:

    This is awesome! I’m looking to upgrade my “just for fun” blog and make it biz card worthy. I’m at my day-job listening and took some post-it notes, but I’m definitely going to be revisiting when I can truly focus. Thanks so much!

  18. Ivanna Baron says:

    Hi Regina. Great post! I have a question about what you think about naming a brand. I have my brand and website Petite Heartbeat. However on my blog I sell online personal training services with my business name Wellness by Ivanna. What do you think the best way is to handle a situation like this. Thanks in advance and thanks for the great information -Ivanna

    • regina says:

      Ivanna, just to make sure I understand, are you saying you want to combine under one name, or find a way to make it clear that your personal training + wellness services are under a separate name? Or, are you thinking of making a separate site?

      I guess my real question is what is your overall goal with your brand + business? I think that might help me answer you.

      Also, thank you for your comment.

      • Ivanna says:

        Hi There, I’d like to keep my blog name the same, and only have one site the current one. I do not want to combine the names. However I want to let my readers know I offer wellness services, under Wellness by Ivanna. Do you think this is too confusing for people? I currently have a link that says online training on my blog page which takes them to my information concerning Wellness by Ivanna and allows them to buy training packages on my blog site. Hope I didn’t confuse you even more. Thanks so much for responding.

        • Mark McGuire says:

          I took a look at your site, the one that links to by clicking on your name here and saw it went to petiteheartbeat.com then forwarded to ivannamarie.com.

          My first impression regarding ivannamarie.com is a great one. I know it’s about you and what you are focused on (lifestyle, fitness, and wellness). It seems like you figured this question out.

          It appears straightforward to me, a blog with posts on various topics. I don’t see any products other than your videos which is clearly separated and that’s great.

          In addition, the Work with me page also clearly separates your offer to collaborate from your wellness services you mentioned.

          I can only presume you will be offering your services later on, or via a different site. In any case, it’s refreshing to see how clearly defined your blog is. Certainly provides me with some thoughts regarding mine due to a problem I am having.

  19. Yay, a podcast! One more way to learn more from you.

  20. Ellyn says:

    SO happy you posted this! Also, I love the podcast venue that you’re going with now. It’s great, especially for long drives to/from work or wherever.

    I’m so happy you mentioned Squarespace in this podcast. I’m new to the blogging world (start in October 2014) and have been using Squarespace. I knew NOTHING about making a website when I started, but Squarespace has made it so freakin’ easy to get started. I’ve been incredibly pleased with how easy it’s been and their customer service is just amazing. So, as someone who uses Squarespace, I HIGHLY recommend them if you’re new to blogging and want to get something started easily. 🙂

    Can’t wait for the next podcast in this series, Regina! Keep up the amazing work. Your readers are loving it!

  21. this is SO SO helpful, regina! i cannot wait to schedule this in my calendar to listen to with undivided attention later this afternoon! thanks for being so giving in all you do!

    • regina says:

      Yay, Chelsea. Thank you so much for your comment. That means a lot to me. I was nervous to release this . . . but that goes for just about everything, so I did it anyway.

      Thanks again.

  22. […] post How to Start a Profitable Business for $50 in 3 Months appeared first on by Regina [for bloggers + freelancers + creative […]

  23. Tenns says:

    I’m so excited for your podcast Regina! Can’t wait to listen and see what you have in store. This is such an awesome series and again, I can’t wait to learn more!

  24. Lily Meade says:

    Awesome, awesome, awesome! I haven’t really been in the habit of listening to podcasts, but I’m willing to start!

  25. Yay! I’m so excited to see how this goes. From the beginning, I wanted to start a podcast but wasn’t sure if people would care especially in my niche (parenting, etc.) I can’t wait to get into this when the little one is napping. I must admit you are my biz idol. Nobody does it like you. I’m sure I will learn a lot (like always) and start some Epicnes. Lol.

  26. Amanda says:

    Thank you for sharing this information!! I recently created a blog and am excited to learn more about expanding it!

    -Amanda
    http://www.blissfulgal.com

  27. Lynnette says:

    i swear Regina…you’re like all up in my brain (it’s rather crowed in there, huh?) i was JUST thinking about this yesterday and today – that i need some kind of structure to what i’m doing because i feel like i am flying by the seat of my pants and my focus is going in all directions. and i was thinking ” hmmm… wouldn’t it be nice if there was a “Step 1., Step 2,” type of help out there. you’re scurring me guuuuurl!

    Lynnette

  28. This sounds awesome. I giggle anytime you post something new or when Wednesday is coming aka newsletter day. I think I have a problem. Anyways, listening to your podcast will be the first thing I’ll do on my “work time” later. And I’m already so excited !

  29. Podcasts, videos, writing .. it’s all very brave, no matter how you communicate. And you have an awesome community to boot. Nice one, Regina 🙂

  30. Meg says:

    Ooh how exciting, definitely going to give this a listen today! Thanks for sharing such awesome detailed information with us (as always!) 🙂

  31. Annie says:

    This graphic is different than you usual. I think I like it more b/c of the bright pretty blue + the fun cartoonish “stamps” (pencil, laptop, flashdrive, COFFEE, 🙂 – all the essentials). Can’t wait to listen now 🙂 Just wanted to say I love your new graphic style.

  32. Angela says:

    This is amazing! All I need to do is figure out what service or product to offer… 🙂

  33. Hey Regina,

    Great stuff to hear about you doing a podcast. Looking forward to checking it out and learning what you had to share.

    Have a great week.

    – Andrew

  34. Chloe says:

    LOVED this! I pretty much had the first 4 items on the list already covered, but every single podcast after this is going to be extremely invaluable. I definitely need to work on my email list. If you want to put out one of these puppies like every other day, that would totally work for me. Haha. Can’t wait for the rest of the series!

  35. Sierra says:

    Man, I wish I had this a year ago! 😉 Great takeaways and plenty of advice for new and old businesses alike.

  36. Debbera says:

    Thank you Regina, for all your information, inspiration. Through your inspired series I’ve taken our group of at home creatives pro. We just started, you never know we might even take over the world – Pinky and the brain style.

    • regina says:

      Debbera, I love your super attractive website; I definitely think you’ll be doing this Pinky and the Brain takeover thing.

      Thank you so much for your awesome comment. I really appreciate that you took time to leave it.

  37. Trixee says:

    Hi Regina, I listened to your podcast yesterday and it was great. Some very useful tips that I’ve added to my to-do list. I had a crack at the logo and let’s just say I think I should leave that one to the experts! I look forward to the next podcast.

    • regina says:

      Trixee, thank you so much for taking the time to listen to it and for taking out time to leave a comment. That really means a lot to me. And yes, I feel you on the logo thing, sometimes I do them myself, but sometimes I have to hire someone (like for my current site logo). Thank you for sharing.

  38. PY says:

    Love the podcast Regina! It was very informative, detailed and FUN to listen to. I cannot wait to implement some of your useful tips in to my brand. Thank you so much for taking the time to do this. Cant wait for the next one. BTW….do you sleep at all? 😀 I love to have your energy and your work attitude and passion!

  39. Rachel says:

    Regina, I just have to say… You are UNSTOPPABLE. You continue to amaze me with each new idea you come up with. I can’t wait to dive into your podcasts. 🙂

  40. Alyson says:

    I just finished listening to the recording you made (Thank You) and although I already have my blog set up I’ve never made more than about $4 from google ads on my site (*blush*). I’ve been blogging for over a year and I would LOVE to find a way to make money from it. I love writing it and will for sure be listening to the other recordings to come in this serious. Time to go check out pixlr and try my had at making a logo…yikes! Wish me luck. Thanks again!

  41. Kate says:

    Where’s the snake oil?
    Okay, so that was my slightly snarky way of saying, holy cow, that was an awesome podcast!
    I’m surprised, because often, when someone tells you that they’re going to tell you how to do something fast and cheap, it’s snake oil, as in, same old same old garbage that everyone is spewing and isn’t actually helpful. This podcast is helpful. And the rest of them promise to be as well, if they’re going to be anything like this one.
    Which raises the question, when’s the next episode? I’m ready.

  42. Ebony says:

    Hello Regina,

    Wow! First off, I’m not sure how I stumbled across all this AMESOME-NESS *insert emoji praise hands here*. This is my first time visiting the site and you have a new follower!!! The podcast was EVERYTHING and much more that I need at this moment. I’m in the beginning stages of my blog and I’m trying to build a following on instagram (oh yeah..follow on instagram- thevogueroom) shameless plug (lol).
    BUT– I came across an issue. I have “claimed” this name through all platforms of social media (twitter, IG, facebook, even blogspot and wordpress), but the actual domain name is taken *real tears*. What should I do? Should I go with a different extension. People are so accustomed to .com they may come across the other website (that’s basically sitting out there). But, that’s my dilemma. If you can give words of advice that would be great. Can’t wait to listen to the next podcast (which I think should be weekly).

    Thanks,
    Ebony

    • regina says:

      Ebony,

      Thank you for your comment. You are so sweet, and I appreciate the support.

      In answer, I’d check to see if the name is trademarked, and if it’s not, I would highly consider going with a different extension of the name you love. If it is trademarked or if that other site is high in search engine results and is about the exact same thing, I’d take the time now to rename your brand, even though it would suck.

      Thank you again for the comment.

  43. WURD says:

    Hi there!

    We were extremely excited to discovered your blog this week! Can’t wait to get involved with this project. The timescale is fast pace yet realistic! It’s worked out to be perfect timing for our business. Going to start with the first checklist this weekend. Would love the know when to expect the next one.

    Thanks

  44. Danny Outlaw says:

    Hey Regina –

    I’ve been stalking you online for a while.

    No need for a restraining order.

    Yet.

    This post and podcast is great. I just wanted to touch on the email aspect for a min.

    When you are first getting started it can be hard to gauge how well your email list is growing.

    Only seeing 1 or 2 signs up every few days can be depressing.

    But what if that is the exact amount of email subscribers you should be getting?

    I published a short post on my site that breaks down the formula if you want more details: http://pictalo.com/how-many-new-email-subscribers-should-you-be-getting-daily/

    Basically though, the math is quite simple.

    The short of it is that you should be converting 2% of your traffic into email subscribers.

    Here is an example:

    100 visitors a day = 2 new email sign ups a day
    5,000 visitors a day = 100 new email sign ups a day

    I hope that helps.

    Also, to your point on creating your first products or services…

    I find it strange how many people struggle with this.

    There are a number of services that every business can and should have up on their website when they start out.

    A few examples:

    Training Session
    It goes without saying that all of your products should come well documented on how to use them. Just because you have included this documentation doesn’t mean you cant take it a step further and charge money for it.

    Add On Services
    This one won’t apply to everyone. But, if you can find a way to offer in some sort of similar service I suggest you do. Many of the people who sell on Etsy have this one nailed. Almost every shop has add-on service for their products.

    Consulting / Review / Feedback
    This is probably the most hands on product in the list. I think its a great product for new and established shops. This is especially helpful for new shops for a couple reasons. One being that it is an easy way to increase your bottom line. You can charge a decent amount for this and the only cost is your time.

    Now that I have written a blog post within your blog comments I’ll stop.

    Cant wait for the next podcast.

  45. […] How to Start a Profitable Business for $50 in 3 Months via By Regina  […]

  46. Danica says:

    Hi Regina,
    You are amazing! I have been reading your post and implementing these tools and resources. Simply thank you, if I amin Austin to visit we must sip some wine and create. XOXO

  47. […] Starting a creative business?  Only have $50?  Perfect! […]

  48. Jeanie says:

    You are heaven sent. Great post as always. Thank you, thank you. You’ve helped me a lot if you would want to know. 🙂

  49. Sarah says:

    First of all, really helpful podcast! Secondly, I’ve been making a logo with canva but they just sent me an email saying you can’t use any of their text holders. Also, you can’t set a transparent background. I moved everything to a different website so I’m on track to get this whole thing launched, but I wanted to point that out because it cost me some time and I wanted to make sure others knew.

    • regina says:

      Thank you so much for your comment. Yeah, I think Pixlr.com or Photoshop might be best for the logo. Canva for inspiration and for blog images and social media images, etc.

      Thank you for sharing Sarah.

  50. […] How to Start a Profitable Business for $50 in 3 Months (this link takes you to part 1 of a podcast s… […]

  51. Eve says:

    Wow….Just when I think you couldn’t get any more awesome-er! I cannot thank you enough for all of the wonderful content and direction you provide. You are truly a gem!

  52. Tiffany Ima says:

    Oh, Regina, you never fail to deliver EXACTLY what I need. I cannot wait to see this! I’m also planning to purchase the INFOBOMO next week. I’m excited, but at the same time don’t know where to start!

    TiffanyIma.com

  53. OMG, I really need to learn to listen in English , I read because I learned alone , but always lose those contents that attracted my attention because my ear is terrible for English: /

  54. Thank you so much Regina! I just found this post today, and it’s EXACTLY what I needed. Yesterday I purchased a domain name and hosting (although I might have to purchase another domain name after listening to your podcast), and today I was going to work on branding. I am so glad you decided to get into podcasting because I love podcasts and I learn well with audio. So thanks for taking the leap into the podcasting world. As for frequency, I might binge listen if you had all the podcasts finished already. If you put them out as often as you can, that would be fine by me!

  55. Hi Regina,

    Sensational breakdown at the end 😉 Name your brand. Work off of this key element, this foundation, to grow your business. I built my current brand, then, built a blog, and eBooks, and all that good stuff. I did it in reverse, old skool me did, and my business lacked the mojo that a brand lends to a biz.

    Thanks Regina, fab blog!

    Tweeting and Pinning from Bali.

    Ryan

  56. Heather K says:

    This is great, I took lots of notes! When will the next segment be available? Thanks!

  57. […] actually listening to the first episode right now and while I’m at it, I work myself through that article and the attached worksheet that goes along with […]

  58. […] not an entrepreneur yet but really wish you were, check out ByRegina’s new podcast, The Independent. She teaches you how to start a business with $50 in three months. There’s no reason not to […]

  59. Mary Lyndall says:

    This is amazing! I can’t wait to start listening to it. I have been wanting to start my business for a while now, and this post/podcast was the kick in the butt I needed. Thank you!

    Mary Lyndall

    http://www.sweetheartofthesouth.com

  60. […] Food for thought, for the eventual leap into the real world (even though I’m not planning on being my own boss from Day One. Definitely not..) : one, two […]

  61. […] far and as with anything in life, the more you put in, the more you’ll get out. Although you can start a business with $50 or less and bootstrap your growth, there will be moments when your big goals will require a bigger […]

  62. Palesa says:

    Hi Regina,

    You are living my dream. For the longest time I have been looking for something/one that will take me through a simple step-by-step process to build an information based online business . I am very excited to be able to listen to this and the following podcast and in 3 months time, the idea is to have a thriving coaching business (well, at least, one that’s on its way to thriving). Thank you

  63. Idia says:

    Ugh! Regina. If only I’d found you sooner!!

    Thanks for putting out this kind of resource. I took a leave of absence from my corporate gig to focus on my own venture (3 months) and all small-minded people kept telling me is that “you’ll never be profitable in that amount of time.” To be honest, I internalized some of that negativity and just felt lost and confused (even though I knew in my heart of hearts that it was possible!). Still working on my dream. Thanks for putting all this valuable and positive information on the web. So glad that I found your website!

  64. […] Favorite episode: How to Build a Profitable Business for $50 in 3 Months […]

  65. Jade says:

    You know, I’ve been working really hard these last six months researching and preparing for my blog launch next month and I have to say that nothing has helped me more in regards to this than you and your blog. I have to say I am eternally grateful for the amount of heart and reliability I sense in each post.

  66. […] list. So, as a part of Episode 3 of The Independent Podcast (which is currently in a series on how to start a profitable business for $50), we’re exploring what you can send to your email list, how and why to “up your email […]

  67. […] list. So, as a part of EPISODE 3 OF THE INDEPENDENT PODCAST (which is currently in a series on HOW TO START A PROFITABLE BUSINESS FOR $50), we’re exploring what you can send to your email list, how and why to “up your email game” […]

  68. Exactly what I needed today! 😀 You amaze me!
    x
    Lauren Jade
    Lauren Jade Lately
    ‘Simplify Life, Maximize Happiness’

  69. Diana says:

    What an awesome post! I wish had seen this when I was first getting started with my online business. This is a very interesting concept that I am going to definitely try… especially if it only costs me $50 in three months. It seems reasonable enough to me.

    Thanks for sharing,
    Diana

    PS- I will definitely be checking out the podcasts

  70. […] How To Start a Profitable And Magnificent Business with $50 in 3 Months […]

  71. Cherish says:

    Regina, I’ve been following you for a while now… I’m really happy you made this post, I’m going to follow the blueprint… And the branding/development ( totally scared to death, But i’m all in)

    Thanks, thanks, and more thanks
    Cherish

  72. Rameez says:

    I am full time online marketer and I don’t click on Highly appealing titles such as “earn xxx Dollars in 10 days” etc I saw you post link twitter and I had to click on that link.

    I would like to appreciate you for writing such a wonderful post, is there any way to sign up for email newsletter for your upcoming audios ?

    thanks

  73. Its Bit Different than the other posts i found on the web on this topic! and I think this post is brilliant. I am SEO Marketer, and as per my habit, I use to research on business ideas to understand every market. to polish my marketing Skills, I really like your way of describing! Gonna Bookmark this blog!

  74. Its Great!!! Steve You convinced me to hit a try to it! 🙂 Excellent job!

  75. Sarah says:

    There’s good info here but if anyone follows it they will be breaking the law… probably several of them. Why is the legal side of starting a business never discussed or mapped out?

  76. Dave Russ says:

    You cannot start any profitable business as easy as that, first you have to know the business you want to put up. second is research and know your market 3. Study 4. is analize then apply. By putting up a business you have to have the knowledge and the strong will to do it.

  77. Holly says:

    I look forward to listening. Any plans to launch the podcast on iTunes and stitcher?

  78. pukimak says:

    I read this post completely on the topic of the resemblance of
    hottest and preceding technologies, it’s awesome article.

  79. Brenda says:

    You have no idea how grateful I am for this post. Thank you thank you! Have my sheets printed out and I’m ready to start <3 .

  80. […] 15. How to start a profitable business for $50 in 3 months – By Regina […]

  81. Menellia says:

    Amazing podcast & really great tips. I am glad i started off building my brand using your tips since 3 months ago.. Looks like i’m on the right track. You are amazing!!! But of course, it never hurts to revisit & cross check..

    http://www.menelliavalcent.com

  82. […] BUT. She is SO great, and SO thorough, sometimes you can’t just do one thing on her site, she has like, too much to take in at once, and I end up getting sidetracked for, I am not exaggerating, HOURS, so to help you narrow things down, I am recommending starting your byRegina experience with her post, How to Start a Profitable Business for $50 in Three Months […]

  83. Empy says:

    Omg Regina your name is so apropos because you have set yourself up as THE QUEEN with this awesome series on starting a biz. I am super enjoying these tips, your fun vocabulary, and how you have presented all these amazing and actionable steps in a way that gets me super motivated and pumped up to work on my website.
    At the end of the second episode, instead of mindless let’s think of it as “intuitive” navigation that you’re achieving in website design and how your audience goes through it 😀 can you tell I’m an editor? Lol
    Anyway, just wanted to throw a word change and pay you the compliment you definitely deserve for this. I have been following your site for a couple months now and you are one of the people online whose content I ALWAYS find useful and download.

    Lots of love and light,
    Empy

  84. […] list. So, as a part of Episode 3 of The Independent Podcast (which is currently in a series on how to start a profitable business for $50), we’re exploring what you can send to your email list, how and why to “up your email game” […]

  85. […] regina This post was originally published on this […]

  86. Ty says:

    You always give valuable content. Too good to be free! Thanks Regina.

  87. Jay says:

    This is great! It is really helpful to see the progression each of your characters make in refining their target market.

  88. Toyin says:

    Regina! You are the real MVP! I haven’t even finished reading but I had to pop down here and say THANK YOU so much for everything you give us…for free! There is so much valuable info here that I’m absorbing like a sponge! You are #goals for me right now!

  89. Vicki says:

    Hey Regina,

    I have only just “found” you like last week and am so freakin pleased I did.

    I have blogged into the past (like 3 years ago) when we travelled for 6 months and go so many positive comments from it, people who told me to keep writing. But….. we got home and I stopped.

    So much has changed in 3 years and honestly the idea of monetizing anything I did on my blog would have seemed like a crazy idea then.

    I have purchased my domain lessthismorethat.com and have been working through all your amazing free info. I am just stoked at how much information you give away for free.

    You have a loyal fan and I’ll be buying whatever you have to sell. Once I get cash of course.

    Love ya work

    Vicki
    New Zelanad

  90. Melissa Javan says:

    I love this Regina. I have started interviewing some of my Twitter followers/ entrepreneurs to help me get an idea of what type of content I can create that could be useful to them.
    Working pro bono is tough – I gave it a first shot but the lady was not so nice to me, so I gave up. I learned some lessons though.
    It helps to research – your article confirms this. Thank you.

  91. Rohit Malhotra says:

    Thank for your awesome article. It may seem overwhelming to get so much done but if you keep at it then you can see great results.

    Rohit I Lifeselfmastery

  92. Chris says:

    Hi Regina!

    Just found your blog last night when I was doing research for my own blog. I wish I had found it a month ago because I am already using a self-hosted WordPress site, but I am learning how to navigate so far. I also podcast and want incorporate that with my blogging like you have done, having an companion podcast to your blog posts. The 3 month plan is what I need also because I have been working to get my blog up and running but didn’t really have a good overall strategy, but now I do!

    Thanks so much and look forward to reading (and listening) to you more as I progress!

    Chris

  93. Hey Regina, I know content is the best part for Online Business but i don’t have time to write content myself. Is there any way that i can get content from real experts for my own website.

    Waiting to listen from you.

    Thanks!

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