Wealthy Affiliate Development Plan – How to Grow A $500+ Per Month Income From Scratch

Wealthy Affiliate Development Plan – How to Grow A $500+ Per Month Income From Scratch


Whilst the Wealthy Affiliate Commission System is never really aggressively promoted as a way to make money per se, hidden in the bowels of the Premium membership is a fantastic affiliate system that allows members to make a substantial income by (gently) introducing others to the training.

 

The credit above arrived in my account at the end of  last year. I knew then that I was onto something!Dave O’Hara

This can be done by any way you see fit – by posting on your blog (like this article), social media promotion (Twitter, Facebook, Instagram, Pinterest) or by utilising PPC advertising (Google Adsense, Microsoft Bing), it really is up to you. There are members at Wealthy Affiliate who have built 4-figure incomes per month from the system simply by passing on how good it is to others. Many of the ‘others’ have then become successful themselves. That’s what I am showing you here – an opportunity for yourself.

Here’s the plan to succeed at Wealthy Affiliate

Here’s my plan to show how you can build an income from the Wealthy Affiliate Affiliate program, once you’ve done the Premium Bootcamp Training. I followed this very closely myself when I first started and it keeps you focused. The first thing to do is make sure to go Premium within 7 days because this allows you to get a discount on your Month 1 Expenses, and also gives you the maximum commission rate (double the free rate).

The plan is based on introducing just two trainees each month who go on to Premium themselves. This is a very conservative rate of building. It’s certainly not get-rich-quick, because Wealthy Affiliate never makes those claims, but a steady, building income. You’ll need to hustle a bit to get your expansion underway. You could accelerate things by introducing more than 2 trainees per month, but i’d rather under-promise then over-deliver in this illustration.

Note also that Wealthy Affiliate is NOT an MLM program, the commission you get is just from your Personal introductions, there are no multi-level ‘upline’ or ‘downline’ rewards for anyone, so no pressure to keep others happy. Only you benefit from your own hard work going forward.

Illustration of a Wealthy Affiliate Income Building Plan

This is an illustration of how you can build your income with Wealthy Affiliate. The figures are very conservative and are very, very achievable if you apply consistent effort.

Month 1 (Income $16 – Expenses $19 = -$3)
Trainee 1 $8
Trainee 2 $8

Month 2 (Income $63 – Expenses $49 = $14)
Trainee 1 $23.50
Trainee 2 $23.50
Trainee 3 $8
Trainee 4 $8

Month 3 (Income $110 – Expenses $49 = $61)
Trainee 1 $23.50
Trainee 2 $23.50
Trainee 3 $23.50
Trainee 4 $23.50
Trainee 5 $8
Trainee 6 $8

Month 4 (Income $157 – Expenses $49 = $108)
Trainee 1 $23.50
Trainee 2 $23.50
Trainee 3 $23.50
Trainee 4 $23.50
Trainee 5 $23.50
Trainee 6 $23.50
Trainee 7 $8
Trainee 8 $8

At the end of Month 4, the plan is clearly working, so go yearly with your membership as this reduces the expenses to $30 per month going forward. In fact the sooner you do this, the bigger your margin. If you get the chance of a Black Friday annual offer (usually November), take that, as it drops your subs to $25 per month, locked in for life!

Month 5 (Income $204 – Expenses $30 = $174)
Trainee 1 $23.50
Trainee 2 $23.50
Trainee 3 $23.50
Trainee 4 $23.50
Trainee 5 $23.50
Trainee 6 $23.50
Trainee 7 $23.50
Trainee 8 $23.50
Trainee 9 $8
Trainee 10 $8

Month 6 (Income $253 – Expenses $30 = $223)
Trainee 1 $23.50
Trainee 2 $23.50
Trainee 3 $23.50
Trainee 4 $23.50
Trainee 5 $23.50
Trainee 6 $23.50
Trainee 7 $23.50
Trainee 8 $23.50
Trainee 9 $23.50
Trainee 10 $23.50
Trainee 11 $8
Trainee 12 $8

and so on until Month 12 when Income is then:

(22 x 23.50) + (2 x 8) = $533 per month – Expenses $30 = $503.

By the end of the year you will have pocketed nearly $3,000

If you keep adding 2 members per month, this figure will keep increasing. In reality, you’ll always get some people dropping out, but just keep going and you’ll succeed. It’s a numbers game at the end of the day. Only you decide if and when you stop. The sky really is the limit!

After first joining Wealthy Affiliate, you might baulk at paying the membership fee, but as can be seen, if you join Premium and introduce just two members yourself in Month 1, you’ll never really be out of pocket after that, with only upside potential to come in the subsequent months.

Why it’s vital to ‘Go Premium’

If you stay as a free member and don’t join Premium, potential affiliate income is halved, building an income is a lot slower, so getting to $500 per month using this plan will take 2 years instead of only 1 as a Premium member. You will also be unable to take the Bootcamp training as it’s a Premium-only feature (Bootcamp training is essential for anyone who wants to promote the Wealthy Affiliate Rewards Program).

This is in addition to any other affiliate income you make from your own niche websites, so in effect you have Multiple Income Streams which is always super desirable!

Dave

Note: The above plan is just an illustration of what is possible. It isn’t a guaranteed income and should not be judged as such. Real income will vary depending on the level of effort and methods used and may be greater or less than the example given.

 

 



3 thoughts on “Wealthy Affiliate Development Plan – How to Grow A $500+ Per Month Income From Scratch”

  1. When you sit down and work it out in an analytical way, the potential upside becomes glaringly vivid.

    Wealthy Affiliate can change your life if you have the foresight and will to make it happen.

    Dave

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