How To Start An Online Business With Little Money! (Beginner Friendly) #Best Education Page #Online Earning

what if you want to start your own

online business and you wanted to spend

around about $500 or less now no you're

thinking you're probably thinking

Franklin but I want to start my own

business without spending any money well

the truth is in life you have to spend

money to make money

and whatever they're doing this video is

take you through what I would do exactly

what I would do if I to start again with

$500 because this is what I get asked

all the time how much do I need Franklin

can I make money online with a few

hundred dollars a thousand dollars five

hundred dollars and I think five hundred

is a pretty good amount to start with

especially considering that it usually

cost a lot more to start any other

business offline so let's jump into my

office and I'm gonna go through the

steps that you need to do that's

probably the easiest way for you to

start making money online with $500 or I

guess I get asked this all the time what

if I had $500 or less will this get me

started online yes it will get you

started but emphasize the word started

this will get you started that will not

make you a lot of money and you need

some sort of money whether it be a

hundred dollars five hundred a thousand

to actually start making money seriously

online so yes

five hundred or less is a great amount

to get started on a line and you can get

started with this amount of money now

what is the best business model to

actually go for there's lots you could

say I own software company could of flip

marketing it all sorts of stuff and my

opinion right now because it does

actually change often but in the last

couple of years the best business model

to start on a little bit of money is

drop shipping now if you don't know what

drop shipping is I do have a full

playlist of tutorials down below that

you can watch for free drop shipping is

when you get a product from China or

America now and you send it to the

person without actually touching the

product the reason this is a great

business model is because a you don't

touch on your product B you don't spend

any money on bulk products and see this

is booming right now because of retail

stores are dying literally dying just

like video stores every single day we

can get food delivered

door right now who breats within 30

minutes we can get a car at our at our

door within 5-10 minutes and it can take

us wherever we need to go you can get

your shopping your clothing whatever you

need delivered to your house overnight

just order something online right now

probably get to me tomorrow morning it's

crazy you can order anything on line and

this is why drop shipping is a great

business model to get started now I say

started because eventually you would

want to turn it into a branded store do

white labeling things like that once

again I talked about that and the

playlist below now can you get results

from this yes you can get amazing

results now disclaimer obviously results

are not typical I don't know how much

these people spent when they started but

these are a few of my students one of

them has just hit three million dollars

yes that's three million dollars even at

a twenty or thirty percent profit margin

which that what she's probably doing

there's a lot of money and then we have

Omar here a hundred thousand dollars per

month is nearly doing and then we have

Gary here who's nearly hitting ten

thousand dollars a day

so yes results can be achieved with this

particular method and that's why a lot

of people were doing this right now

because you can get results quick

however to get big results like this guy

so you will need to spend all of money

however you can spend a little bit about

a little bit of money to get started in

this business model and that's why a lot

of people do it

so guys step one I'm not going to take

you through sitting up stores and stuff

cause that's not what this is about I

have lots of videos on that on my

channel but step number one guys is

obviously start a dropshipping store I

use a platform called Shopify very easy

to use but you probably already know

about that and there are there is a

14-day trial that you can use but the

myth that I'm showing you in this

training guys is how they actually get

started how to get the traffic and stuff

like that so what you do is you start

the store and you upload products to

your store now the thing is you want to

find a product to sell now what we do

guys is we actually use a website called

le Express where we can go in and find

hundreds and thousands of products we've

got Black Friday coming sales coming up

soon you can just find any type of

product right and you can sell you can

you can quickly take these products from

Aliexpress put them into your store with

an app Quarter billow and then start

selling them online

it's insane and it opens up a door to

everybody so they can start their own

online business but there's a few

criterias that you really want to focus

on when you're finding products on a

small budget number one make sure you

can make at least $20 profit with that

particular product okay this is really

important if you find a product that's

$2 make sure you can sell it for $25

okay or just put that price at $25 the

reason you want to have a product with

the 20 plus dollar profit is simple you

want to make money okay

the high the profit the better and this

is a great profit kind of profit margin

I mean 15 is okay 10 but 20 plus is

probably the best choose a product a

popular Instagram niche so we're gonna

be using that for traffic now you want

to do things like fishing that's popular

on Instagram car products which I'm

going to actually show you an example

inside this particular training and make

sure it has a sales history so on

aliexpress you can go to a particular

property Q learning so fishing and you

can see how many orders that product has

had in the last few months or something

great so I'm going to go to orders and

this product has had a lot 12,000

reviews 20,000 orders the reason you

want to do that guys is because you're

not selling okay you don't have much

money to play with you're on a budget

you need a product that is going to

probably sell whew okay you might test a

couple of products but you need a

product that's going to sell for you so

that's a very big criteria make sure you

can create good images with it this is

important you need to either create good

images or make sure the supplier has

good images so let's have a look down

here for the particular traffic that we

are going to be getting so these images

are okay but this product isn't a good

example okay so those are the criterias

okay find a product to sell next guys

you need to find cheap traffic do not

use Facebook yet yet I'll talk about in

a second if you don't have a lot of

money

Facebook is brutal it's evil if you

don't do it properly and get taught how

to do it properly you will chew through

money quickly okay first of all you want

cheap traffic the

best place to get this from is Instagram

guys okay I'm gonna show you in a second

how to get it but this is an example of

a product that someone actually paid me

to promote for them we've got them five

hundred thousand views and this was a

little turbo keyring now these guys are

called turbo gasm they have a website

called turbo gasm calm we know that they

made a lot of money from getting us to

post this and that we charge them $40

they probably made thousands well at

least I'll say at least a thousand or

2,000 so this is what we do guys and

actually here's another example of a

product that I did so this is when I

first started doing Shopify I was

promoting this phone charger on these

phishing pages and I was making very

very good money doing it as how I got

started doing show if I dropped you in

so I was on their budget guys just like

you just like everybody else

so Instagram is by far going to be your

best traffic source when starting ok

then you can move into other things

which we want to talk about in a second

as well so what do you do guys it's very

very simple number one you want to go

into Instagram here and just put in the

particular niche in the search bar on

your phone that you want to add that ad

that you're in right so for example will

say fishing because that's exactly what

I was doing here ok and I'm going to

just click on a random page the reason I

click on a random page guys is because

you can click on this little button up

here and it's going to give you a

suggestion and you can do this on mobile

as well all you want to do is go through

and find pages with lots of followers

now I would say around about 50,000 or

more ok obviously the more followers

they have the more money you're going to

make ok this niche is probably a little

bit hard because there is not a lot of

big pages we'll try this one

18,000 meters by one guys as an example

for you guys ok so this one has 50,000

it's a little bit probably lower than I

would like this is 60 goes fishing tag

with the DMS DM for private for pay

promotional ads so it's really easy guys

you just go through and you find

these phishing accounts we can contact

them it will have the contact

information and the profile so 50,000 is

okay you might get a few sales but I

would go for accounts that have at least

eighty to a hundred thousand or more

obviously gonna have to test it to your

account so finding them is not hard it's

really really easy to do then what you

want to do guys is simply message them

and say hey do you do shoutouts and then

you send them the picture and the

caption this is the caption I did here

and then you can either get that you can

either tell the people to go to your

profile your Instagram profile and click

on the link in your bio or you can tell

the page to put the link in their bio

and then people will go and click to

your product page where your products

going to be and they will make a

purchase now getting the shoutouts easy

but what should you pay and stuff like

that so this is kind of my criteria

especially when you're just starting ok

what should you pay per shout-out first

of all you only want to get a shout-out

that's up to 5 hours max the reason is

is because within the first kind of four

or five hours that's when you get when

you're gonna get the most engagement and

all that sort of stuff and the most

exposure so anything past that you're

pretty much wasting your money in time

okay

don't pay any more than thirty to one

hundred dollars depending on the page

for that shoutout

so if it's a page with like a hundred

thousand I would say pay run about

thirty forty dollars okay if it's a page

with half a million maybe 100 bucks

don't let these guys bully you into

paying more because a lot of them will

just say hey I'm only willing to pay

forty bucks

I'm not gonna pay any more and then move

on to the next page cuz guys you would

only need one or two sale or at least

you only need two sales to become

profitable right to make Tim bucks

profit if you're running at a twenty

dollar profit okay if you paid thirty

bucks

don't get sucked into twenty four-hour

plus a shout outs a lot of the counsel

say hey we'll do you a 24-hour shutter

that's better for you blah blah blah

don't bother because like I said you're

only going to get you you're gonna get

most of your sales in the first four or

five hours six seven hours kind of max

right even the first two or three hours

and always check the accounts guys so go

online and find a Instagram stats

checker make sure there's no you know an

irregular following

so some days where they have like a

thousand followers and they get none you

want to make sure it's consistent

because that means the followers are not

fake okay now my secret sauce guys

that's going to make you even more money

after you do the shoutouts is to

actually go onto Facebook okay you

should have a Facebook account started

before you even do this

put a Facebook pixel on the product page

and what it's going to do is it's face

books really smart and it's going to

basically put people that have visited

your page into a audience where you can

advertise back to them and it's really

really cheap so what you do is you pay

for a shout-out okay and you send people

to the product page there's any people

that will purchase and people that won't

purchase what you do then guys is after

you've done a few shoutouts you go and

start a Facebook ad with their product

and you use the audience from your

Instagram traffic so you can do all

sorts of stuff guys you can create an

audience on people who viewed your

Instagram profile because you might be

sending people to your profile from the

shout out page you can create an

audience of people who visited the

product page of your store which is

really really powerful I get a lot of I

get like 30 40 percent of my sails from

retargeting even more on some of my

stores right that's really really

important in it and that's the secret

sauce too many people go out there and

they'll do a shout out and they'll make

one or two sales and they'll be like hey

I made 20 bucks profit this sucks

what am i doing no there's no money in

this guy's you can do retargeting and

you can make another 40 50 60 bucks

there and then you just keep going keep

going and keep going and you're building

up your audience you're building up

money you're you're just building up all

of these assets that you can use okay

this isn't a get-rich-quick scheme we

are building a proper business here and

to be honest if you can go out and build

a proper business eventually a $500

starting you're doing very very well

considering people get 10 $20,000 loans

from the bank and get into debt to go

and start businesses like plumbing

building accounting lawyers right for

rent and even brick-and-mortar stores

retail stores need money for rent and

products you don't need that so you're

at a big advantage here okay so that's

very important guys the secret sauce is

to is to send the people to the pay

with the cheap Instagram traffic and

then go I make sure you have a Facebook

pixel on your page so you can click the

data and start to do cheap advertising

back to people who went to the cart went

to the page or even went to the checkout

and nearly made the purchase but didn't

okay

I have tutorials and here consider this

up in the description below this is just

kind of a tutorial on how to actually

get cheap traffic and stuff like that

alright guys so that's really important

as to make sure you do do the

retargeting and like I said it's

important to find a product with $20 or

more profit okay it's important to get

cheap traffic from Instagram

do not start real Facebook advertising

yet it's you can start Facebook

retargeting traffic but don't start

doing cold Facebook ads and you know if

you don't know what you're doing

especially okay that's not going to work

when starting with a low budget for

those drop shipping method now guys I

mentioned these guys before these guys

are three students from my training okay

these guys have been on my training for

a super long time I teach people how to

make money online by studying their own

drop shipping stores because obviously I

can't teach you in this video it would

take a super long time because there's

actually a method to this madness but

what I've done is I actually have a free

book that you can download for

completely 100% free you don't have to

pay for this it takes you through the

four steps on how to start your own

e-commerce business I take you through

everything there's lots of images you

can go through and you can see we got

some results here this is actually Phil

when he did his first five hundred

thousand and here he's hit three million

this is under a year I think so he this

is an old image here he went he and his

sorry in his first year he did five

hundred thousand in the first nine

months and then a year later he had

three million so a lesson in two years

he's done three million dollars from my

training okay guys when I take you

through here and this will literally

take you through and explain to you how

to start your own dropshipping store

from start to finish okay and this is

free free to download there's a link

below you can get this book or

completely free alright guys so I hope

you enjoyed that video makes

sure you give this a like and subscribe

leave a comment below I'm happy to

answer any questions you have I'll be

online for the rest of today after

uploading this video make sure you drop

that like if we get over a to 300 likes

I'm going to be giving away access to my

training so I'll see you guys in the

next video I'll see you below and the

questions and have a good day

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