How Bloggers & Influencers ACTUALLY Make Money - All About Our Revenue & Money

Raw Milk - The Creative Business Podcast about social media, marketing, branding, blogging

English - May 15, 2018 10:00 - 23 minutes - 22.1 MB - ★★★★★ - 404 ratings
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Previous Episode: When Quitting the Creative Dream Is NOT an Option – with Marte Marie Forsberg

Next Episode: What No One Tells You About ‘Making It’ in Creative Business – with Tara Mangini & Percy Bright

Ever wondered how bloggers and instagram influencers make money?It is not uncommon to hear that a successful creative is earning six figures in revenue annually. But HOW? Where does that money come from exactly? And how do I get me some of that?

Yes, money is usually a taboo topic, but I think it’s beneficial for ambitious creatives to understand how established entrepreneurs generate revenue, how long it takes to build a six-figure business, and the difference between revenue and profit.

Today, I’m pulling back the curtain and explaining the revenue streams that contribute to my six-figure annual earnings. I share the financial challenges I faced in my 20’s and the way I approached my business in the early days—before I was qualified to charge premium rates for my work. In addition, I offer insight around separating your worth as a person from your income and fostering a you-can’t-stop-me attitude toward earning and entrepreneurship. Listen in to understand why I'm shifting my business model away from sponsorships in order to spend more time in support of aspiring creatives—like YOU!

What You Will Learn

How your worth as a person is separate from your annual income

Why I am choosing to share the breakdown of my profits

The challenging financial situation I experienced in my 20’s

My decision to turn a love of cooking and writing into a business

How I approached the business like a student/intern early on

The value in creating a roadmap of your goals from the beginning

How my income grew with hours logged in practice

How many years it took to generate six-figure revenue

The revenue streams that make up my annual earnings

Sponsorships, freelance photography and styling Retreats, workshops and education

Why I organize retreats despite the smaller work-to-profit ratio