How To Really Make Money As An Entrepreneur
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Let’s be honest if you’re reading this you’re probably not here for some fluffy “follow your passion” talk. You want to actually make money. You want real tangible I can finally quit my job kind of income. Maybe you’ve tried a few things already and dabbled in side hustles, launched a business idea or two or watched countless YouTube videos of entrepreneurs telling you how they made six figures in six months.
But here’s the thing no one tells you upfront that making real money as an entrepreneur isn’t just about working hard or having a brilliant idea. It’s about strategy, mindset, and consistency. In this post I’m going to break it all down for you with no gatekeeping, no sugar-coating. Let’s get into what it actually takes to make money as an entrepreneur.
1. Ditch the “One Big Idea” Myth
You don’t need the next Uber or Airbnb. Seriously.
Most successful entrepreneurs didn’t stumble upon a billion dollar idea and cash out early. They started small, learned the ropes, adapted and scaled over time. The lightning bolt idea is rare and honestly even if you did have one it takes execution not just the idea to make it big.
Instead of hunting for the idea start with a problem. What do people need? What frustrates them? What do they spend money on even when times are tight? Find a niche problem, solve it well and you’ve got a business.
Real Talk Example:
Say you’re good at organizing stuff. You don’t need to invent a new productivity app. Start with local home organization services. Turn that into an online course. Then maybe a YouTube channel. Boom now you’ve created multiple income streams from one small skill.
2. Start Before You’re Ready
Perfection is the enemy of profit.
If you wait until everything is perfect like your branding, your website, your Instagram aesthetic then you’re going to waste so much time not making money. Instead launch messy. Launch early. Get feedback. Improve as you go.
You’ll learn more in 30 days of taking action than in 6 months of planning.
Remember an imperfect product that’s out in the world is making money. A perfect product sitting in your drafts? Not so much.
3. Choose a Business Model That Actually Pays
Not all business models are created equal.
Some are slow burners. Some require high startup costs. Some have razor thin margins. If your goal is to make real money not just pocket change you need a business model that’s proven, scalable and fits your strengths.
Here are a few models that work well:
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Service based businesses – Fastest way to earn cash (think freelance writing, design, consulting).
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Digital products – Scalable, low overhead (courses, ebooks, templates).
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E-commerce – Can be very profitable but requires upfront investment and good marketing.
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Affiliate marketing/content creation – Long game but can be passive income gold when done right.
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Coaching/mentoring – High ticket offers if you’ve got the expertise.
Want to make money quickly? Start with services. Want to make money while you sleep? Start building digital assets.
4. Learn to Sell (Yes, YOU)
If the idea of selling makes you cringe let’s reframe it right now.
Selling isn’t about being pushy or manipulative. It’s about helping people solve a problem. If you know your product or service makes someone’s life better why would you not want to get it in their hands?
Here’s the reality if you can’t sell you won’t make money. Period.
So how do you get better at it?
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Talk to your audience – Understand their struggles in their own words.
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Get clear on your value – What transformation do you provide?
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Practice pitching – On your website, in DMs, in emails. The more you do it the easier it gets.
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Study sales psychology – Books like Sell Like Crazy or Influence by Robert Cialdini are gold.
Sales is a skill. Like any skill it improves with reps. Get your reps in.
5. Build an Audience First, Always
You can have the best product in the world but if no one sees it? Crickets.
That’s why audience building is everything. Whether it’s through social media, email, blogging, YouTube or podcasting just pick one platform and show up consistently. Give value. Share your story. Connect like a human and not a brand.
People buy from people they trust. And trust is built through time and consistency.
Start building your audience before you need to sell. By the time you launch you’ll already have buyers waiting.
6. Multiple Streams > One Big Paycheck
Relying on just one income stream is risky whether you’re an entrepreneur or an employee.
Once your business is off the ground start thinking about diversification. Can you:
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Turn your service into a digital product?
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Add affiliate links to your blog or newsletter?
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Monetize your content on YouTube or TikTok?
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Offer group coaching or workshops?
The goal is to layer income sources so that if one dips the others hold steady. That’s how you build sustainable wealth.
7. Automate & Delegate Like a Boss
If you’re doing everything in your business manually you’re going to burn out fast.
As soon as you can start automating and outsourcing the tasks that eat up your time but don’t directly generate income.
Some ideas:
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Use tools like Convert Kit or Mailchimp to automate emails.
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Schedule content with Later or Buffer.
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Hire a virtual assistant for admin stuff.
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Use templates to speed up content creation or proposals.
Time is your most valuable asset. Protect it fiercely.
8. Master Your Money Mindset
Okay this might sound a little woo-woo but stick with me your beliefs about money massively impact your income.
If deep down you believe making money is hard or that rich people are greedy or that you’re “not good with money” guess what? You’ll subconsciously sabotage your success.
Start shifting that inner dialogue.
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Replace “I can’t afford it” with “How can I afford it?”
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Read books like You Are a Badass at Making Money or The Psychology of Money.
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Surround yourself online or in person with people who normalize success and abundance.
When your mindset is aligned with your goals everything flows easier.
9. Track the Numbers (Even If You Hate It)
I get it spreadsheets aren’t sexy. But knowing your numbers is essential if you want to make real money.
At a minimum track:
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Your income (where it’s coming from)
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Your expenses (where it’s going)
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Your profit (yes, the actual money you keep)
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Your conversion rates (what’s working and what’s not)
Data is your business GPS. It tells you what to double down on and what to ditch.
You don’t need to be an accountant. Just get in the habit of checking in weekly or monthly. Apps like QuickBooks, Wave or even a simple Google Sheet can work wonders.
10. Stay in the Game (Most Don’t)
This might be the most important tip of all don’t quit too early.
Most entrepreneurs fail not because they weren’t good enough but because they gave up too soon. The early days are hard. Things will feel slow. You’ll doubt yourself. You might make $0 your first month. Or second. Or third.
But if you stay consistent and keep learning, keep showing up, keep improving eventually you will break through.
Momentum builds over time. The people who win? They’re the ones still showing up when others have walked away.
Conclusion
There’s no one size fits all blueprint to making money as an entrepreneur. And that’s actually a good thing. Because you get to build a business that works for you and your lifestyle, your strengths, your goals.
You don’t need to be loud on TikTok or write 100 blog posts or build the next Silicon Valley unicorn. You just need to solve a real problem for real people in a way that’s authentic and profitable. Start where you are. Use what you have. Learn as you go. Making money as an entrepreneur is 100% possible for you. Not overnight. But absolutely over time. So go on get started, get strategic and get that bag.