I bet you’re wondering. How can five bucks a day be a very cool business model. Math has never been my strongest point, but even I know that five bucks a day, every day, comes to $150 a month if a month has 30 days, and $155 a month for those 31-day months. And, well, less than that in February.
So how can you make a living with 5 bucks a day?
Well… Dennis Becker, also known as “the 5 buck guy,” used that exact model to build himself a thriving business.
For a long time, he tried and tried to make it big in internet marketing, and had nothing much to show for it. But all that changed when he came up with the 5 Bucks model! Why?
Here’s how the five bucks a day model works:
Five bucks a day were just the start. Dennis decided to set up a stream of income that would make him five bucks a day – and he would to so EVERY WEEK.
So yes, in the beginning, he made just five bucks a day, but after a month, he was making 20 bucks a day, and after a year, it was a whole lot more.
Of course, it wasn’t exactly a linear process. Some of his five buck projects made less than five bucks, and some even failed. But others made a lot more than five bucks a day. In fact, with one of his projects, Dennis got really lucky and made thousands in short order during one Christmas season.
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Why the 5 bucks a day model works so well
Many internet marketer wannabes try one thing after another, and rarely finish any of them. They get constantly distracted by shiny object syndrome. And that’s where Dennis’s model can make the difference.
The key is to finish a project. It doesn’t have to be the project to end all projects, but to work, it must be finished. A half-finished or abandoned project won’t bring in any money, no matter how brilliant it may be.
Here’s the step-by-step process:
Step 1: Make the commitment to create one project a week that can bring in five dollars a day and complete it.
Step 2: Select your first project.
Step 3: Complete it and send traffic to it.
Step 4: Repeat.
Picking your five bucks a day projects
So what kinds of projects can you pick? There are a lot of options:
You can offer a service to get you off to a fast start, such as writing articles. Or you can pick an affiliate project and start promoting it with article marketing and social media marketing. Or you can create a guide where you explain something you know how to do and turn it into a product.
There are a lot of different things you can do. The key is to make them manageable and to complete them. And then… wash, rinse, repeat.
Want to know more about how Dennis turned his 5 bucks into 1K a day?