💰This is How to Build Your Money Tree Starting with 0$

I’ve been looking for a way to build my own money tree and here is what I found.

Photo by Fernando Hernandez on Unsplash

I like talking about money and business, and maybe I’m new in this business world. Not to mention I often met failures, but I want to share thing what I’ve found to build your money tree starting from 0.00 $.

Alright maybe it’s not really 0.00 $ since you still need a computer, an internet connection, and a way to pay your electricity bill. But if you have those tree things. You can certainly start building your money tree. Be aware, even if this cost you no money, this of course will cost you time. There are no easy and fast way to earn money.

What I mean by Money Tree

In the millionaire fastlane book, money tree means our source of income that grows exponentially. It’s not like traditional work where your time is exchanged for money.

Building a money tree is harder than working for someone else. You will meet a lot of challenges but I think the number one enemy for someone who wants to build their money tree is uncertainty, you are not sure whether your work will give you money or not, and no one knows how much money you will get.

Because of these uncertainty, I advise that at least work for someone else on daytime and build your money tree in your spare time.

It All Starts With Traffic

People will give you money if you provide value, that’s a basic knowledge in business world. But what if you have created a value but no one knows about it ? I have created several e-book and I failed to make money from it. Why ? Because I don’t have traffic. So it all started with gaining traffic / audience.

There are two ways to start gaining traffic, either you put your product in a crowded place or you attract the crowd to come and see your product. I’m not going to explain much about how to put your product in a crowded place since it is called advertisement and it requires money. Instead I’ll share some of the way to attract the crowd.

1. Create a Youtube channel with a specific niche
2. Be a medium writer and attract people with what you wrote
3. Create a social media account and post specific niche
4. Create a free website and be a blogger

To create content especially on instagram you can use figma or canva, both of them are free to use and if you are looking for a free assets to use you can check out rawpixel.

Maybe you already understand how to do the first three. But did you know you could create a free website with wordpress.com domain ? All you have to do is go to wordpress.com and click start a free plan. Alternatively you could go watch this tutorial https://youtu.be/vBcsj3LNtxM on how to create a wordpress website for free, check out mine at lukaspaw.wordpress.com.

Remember building traffic doesn’t happen overnight, some would need 6 months others would need 1 year.

Affiliate Marketing and Market Your Product

After you got some traffic, you could do affiliate marketing or sponsored content. This works whether you use youtube, your own blog, medium platform, or instagram. You could use amazon affiliate program to earn money https://affiliate-program.amazon.com/.

After you got the traffic you need, you could also start selling stuff whether it is a podcast, a digital product, merchandise, clothes and so on.

That’s all that I have to share, I hope this helps 👏