Episode 118. How I Funded the Growth of My Business to Make 7-Figures per Year

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How do you pay for paid ads if you are starting your business from zero?

In this episode of Your Million Dollar Side Hustle, I am sharing exactly what I did to fund the growth of my business to eventually make 7-figures per year.

As you all know, I am a huge supporter of using ads to promote your online program. I don’t love taking on a lot of big risks, but I’m also a very data and numbers-driven person.

That being said, taking risks like investing in paid ads, which is a small risk that can give me a lot of data to help me make better decisions to grow significantly in the long term, is something that I am willing to do.

I never had any outside money to help me grow this business, but I’ve never really shared the details about how I paid for it before, so I’m sharing all of the details today!

In this episode, we discuss:

  • What I did when I started my business to create extra income
  • The best investment I have made in my entire life
  • The income I used to invest in ads to sell my course
  • The evergreen model I used for my business
  • Why selling to cold audiences is one of the best ways to grow your business

I hope you enjoyed this look behind the curtain at how I paid for my ads to grow my business. I truly believe that reinvesting some of the money that you make back into your business is the best thing you can do to grow.  

If you want to get on the waitlist to join us on our next Weekend Mastermind, make sure to head over to www.mastermindwithanna.com

If you want to learn more about how I built a $1 million online course, make sure to check out my free training and Powered By Passive Academy! 

 

Resources Mentioned:

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Free Training: How I Built a $1 Million Online Course

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Other Episodes You’ll Enjoy:

117: $178,000 Launch + How to Use Challenges to Sell Your Online Programs with Lindsay Bowden

116: Sharing My Thoughts about Turning 35 Years Old + Exciting News!

115: Q1 Review – How We Increased Sales by 22%

Konchar-Anna-26 (1)

hi, i'm Anna!

I went from $200,000 in student loan debt to running a multi-million dollar online business in less than 5 years. Along the way, I realized Mondays can be great, stress doesn’t equal success, and you’re capable of more than you think. Now, I have the privilege of helping other ambitious individuals realize their potential and build their dream business and life.

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