From Part-Time Hobby to Million Dollar Business ft. Michelle Schroeder-Gardner – PB124

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We all want to take that passion of ours and make it into a multimillion-dollar company, right?

Well, on this show we talk to Michelle Schroeder-Gardner, creator of the popular blog Making Sense of Cents, to hear how she achieved her dream of creating her own destiny and making $100,000 per month online from her personal finance and lifestyle blog.

From working a solid day-job in the financial services industry as a financial analyst, she decided to dedicate herself to becoming self-employed as an online freelancer and solopreneur.

Her blog was initially created to help her improve her own finances and pay off $38,000 in student loans while helping readers improve their personal finances too. It soon became the platform for her to grow and expand her business skills and eventually build an online empire. We think that she may be the voice of our generation! Or at least a voice. Of a generation.

In this episode, you’ll hear how Michelle monetized her blog and turned it into a multimillion-dollar business, learn what affiliate marketing is, and why harnessing your passion and the power of the internet may lead you to live a more rewarding life.

Show Highlights:

  • How Michelle’s childhood and her time in the financial service industry impacted her views on money management
  • Why freelancing might be an option in the beginning to build your audience, credibility, and initial income
  • How can I monetize my blog?
  • What should I blog about?
  • Practicing mindfulness on social media
  • The pros and cons of remaining anonymous on the internet
  • Why focusing on your own business through increased hours + workload can directly impact your bottom line as an entrepreneur increased income
  • Breaking down affiliate advertising
  • How went from $12,000 to $300,000 in one year
  • The benefits of focusing 100% of your time working on your business versus a traditional 9 to 5
  • Michelle’s online courses and lessons learned for duplicating her revenue streams

Key Takeaway: We all want to triumphantly sing “Started from the bottom, now we’re here” as we throw dollar bills into screaming crowds of fans, but it is only through hard work, fierce passion, and expert follow-through in productivity that we can ever achieve the dream of being our own boss.

Find Michelle Schroeder-Gardner Around the Web:

Mentioned on This Week’s Show

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