100K In A Year! Is it possible?

100kinayear

Hi everyone,

Well a new year, and ive got a few problems out of the way - and some completely different new ones to be getting on with. My wife and I have temporarily seperated which has been the biggest difficulty, we are still amicable - and working together to try and clear off our debts. I have always been self employed, and whilst I am looking for employment, I have decided to try a little challenge in the mean time.

I am going to attempt to earn £100,000 in a year, with no seed money, and only a laptop computer! Have no idea if its possible yet, or what directions it will take - but this will be my online diary. I have a few things I am working on to get the ball rolling, and will keep updating as I go. But it looks like the 10th of February is my official start date.

The money I raise will be part towards clearing our debt, and partly towards re-investing and eventually purchasing a home abroad (or at the very least a deposit!)

The idea of doing things such as Kleeneze etc has been top of my priority list, and I have already got a bunch of catalouges ready to go, but to be honest, the idea of the returns acheivable seems like they could be improved with a few simple changes. So hopefully I will be able to implements those in the near future.

Will post here as the ideas/updates come to me! Wish me luck!

Sam

100kinayear

Well first batch of Betterware catalouges have gone out and come back in, only managed to get 70 out as been hectic with commitments - but about 85.00 in a sales, so £16 to me - not a bad return for about 2 hours work. Have just delivered another 100 catalouges, so lets hope its consistent. If i can get 100-200 out each day, with a return of £30-£40 per day, then that will be a good start.

found_a_bargin

Well good Luck and i hope you make your target, That seems a fair amount of commision to get on the orders so hopefully you will get quite a bit that way. Do you loose a lot of it if they return the items?

100kinayear

The commission is around the 20% mark for both betterware and kleeneze, with betterware if the customer returns the item, I should imagine that the co-ordinator will give you the money to return to the customer.

With Kleeneze you can get a credit to your buying account when an item is returned, so your never 'out of pocket' you will just lose the commision for that particular sale.

Im going to be doing another 100 cats tommorow, so that will mean I have approx 200 out in the 'field', will see how well I do when I collect them all on Wednesday/Thursday. If I plan my route well then it should be easy work, part of the problem is keeping track of where you drop, and which houses you didnt deliver too - I have just moved to the area, so still trying to find my way around.

kellyanne

Good luck - sounds like an exciting challenge - stay motivated!

100kinayear

Well just got back from another small collection of 60ish catalouges (funny I could swear I delivered more than that).

Total orders was £75.86 - which means another £15.17 to add to my total. Not bad for a couple of hours work tops - and all the exercise is starting to trim me back down to fighting weight woohoo!

Still need some more ideas though, man cannot survive on betterware alone (although I will try!)