Learn How To Make Money On The Side With Ramit Sethi’s Earn1K Program
Probably the number one question that I always get asked is “How can I earn some money on the side?” How do I find that special niche that will make me wealthy? How can I get the gears turning and make progress towards eventually becoming my own boss?
While my wife and I found the answer by opening our own online wedding linens store, I can tell you that it wasn’t easy finding our special niche and executing our business plan. It took a lot of trial and error, a lot of mistakes and a ton of perseverance to become successful. In fact without the proper guidance, my wife and I would probably still be sitting here spinning our wheels.
We wouldn’t have been able to make our goal of 100K in our first year of business if it weren’t for a bunch of books and a few special mentors who helped guide us in the right direction. Everyone needs help at some point and we all need to be constantly learning and bettering ourselves which is why I spend so much money on personal development products every single year.
The Earn 1K Program
Recently, I was contacted by Ramit Sethi to help evaluate his brand new course entitled “Earn Your First 1K On The Side”. For all of you who aren’t familiar with Ramit, he is the New York Times best-selling author of the book “I Will Teach You To Be Rich”. He is a fellow Stanford graduate like myself and both he and I share the same passions and the same goals. We both want to teach everyone how to be their own boss and to take control of their financial lives. So when he asked me to review his new “Earn Your First 1K On The Side” program, I jumped at the opportunity.
Now as the author of MyWifeQuitHerJob.com, I get sent a ton of ebooks and programs on how to make money to evaluate but I can honestly say that the Earn1K program is by far the best program that I have ever evaluated hands down. Long time readers of this blog know that I rarely gush about a product if ever at all, but Ramit’s Earn1K program is incredible.
What Is The Earn1K Program Exactly?
Have you ever wished that you could earn a couple thousand extra bucks to help pay the bills or take a much needed vacation? Have you ever wished that you could become your own boss and quit your day job? It’s time to stop wishing and start taking action. Ramit’s Earn1K program is a step-by-step program with hours of detailed videos, comprehensive case studies, ready-to-use scripts, personal coaching and master classes to help you do just that, make more money on the side.
This program is so polished and well thought out that I can wholeheartedly recommend it to all would-be entrepreneurs. What I like about the program is that there is no BS. It is a real down to earth course that will teach you the necessary fundamentals to be successful. Here are some specific questions that the program will answer for you.
- How can I turn my skills into a side income?
- How can I find a niche with money making potential?
- How can I get past the psychological roadblocks associated with starting a business?
What Does The Course Contain?
The Earn1K program is not some ebook nor is it a get rich quick scheme. Instead, it is a full blown course that takes 5 hours a week and 8 weeks to complete. Here are some of the things that are included
- Professional HD Video Tutorials
- Group Calls and Private Forums
- Ready To Use Scripts – For example, Ramit will provide you lists of questions to get inside your customers’ heads and get a deep understanding of your clients’ business
- Access To Private Insider Sessions and Q&A With Other Freelancers
- Real Life Case Studies
- Private Coaching
- Office Hours With Ramit and Other Instructors
Who Should Sign Up?
In short, this program is a must have if you are just looking to make some money on the side with something that you are already good at but are not sure how to start. Even if you have a full time job, this program will teach you how to make additional income as a freelancer.
This course is NOT meant to teach you how to make passive income with no work required. Bottom line, Ramit will provide you with the necessary guidance so you can make progress towards financial freedom. Once again, this is not some get rich quick scheme. This is a program that will teach you the fundamentals necessary to succeed. There is no fluff.
See For Yourself
If you are still wondering why I’m so excited about Earn1K, you should go check it out for yourself. Ramit is holding a live webcast tonight (Feb 3rd, 2010) at 7pm PST to give you the details live. If you are even remotely interested, I encourage you to click on this link and check it out. As this is a live webcast, you will have the opportunity to ask any questions that you may have about the program directly.
Once again, the live webcast details are as follows
Earn1K Program Live Webcast
February 3rd, 2010 at 7PM PST
Click Here To Join!
UPDATE: If you missed his webcast, you can still watch a recorded version here.
Preview The Course For Free
If you don’t have time to attend the webcast, please check out some of the preview course materials Ramit has posted online. You won’t be disappointed.
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Did you like this article? There are many more articles like this on entrepreneurship, kids and money and how to open an online business on this website. Read about our journey how we went from earning 0 to 100 thousand dollars in 12 months with our online business. Looking for some laughs? Read about some of our crazy customer stories.
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What about your evaluation? I’ve been following Ramit this week and this is just the pitch he gives. I’d be curious as to your take if you actually evaluated it. How does it compare with your own personal experiences with your own business, etc. Were you one of his testers for the course or were you just contacted to pitch it on your site? I think you could offer some valuable insight.
Hi Tim,
I would never give a review of a product without actually having seen the actual materials. In fact, you might even see me as a guest speaker on one of his segments. In terms of the lessons this course teaches, it focuses more on becoming a freelancer and getting clients as opposed to starting a full blown business. Of course, freelancing on the side often leads to something bigger, but that’s one of the main points of the program, you have to start small and get started early. My wife and I began exactly this way. We started selling one off crafting and embroidery products to individual customers until we decided to launch a full blown online store.
In terms of whether you should sign up, it is pricey, but you should think of it as a college course with office hours instead of just another informational product. Of course, my overall evaluation only extends to the actual materials (ie videos and articles). It remains to be seen how available Ramit and his staff will be to answering questions but I suspect that he will deliver as promised. I suggest you take a look at some of the preview materials here. You should find sample videos, tutorials and case studies and judge for yourself. As with most informational products, there is a money back guarantee so there is no risk in trying it out.
I’m not questioning whether I should sign up or not. I just happen to follow both yours and Ramit’s blogs and wanted to provoke more of an “evaluation” since that’s what you said you were asked to do. I felt that your post fell a little short in that sense. I’m a big fan of Ramit and have followed him the entire earn1k preview week, more because I enjoy seeing how he markets himself. The course isn’t for me, like I said I thought it would be interesting for your readers to get some comparisons on your experience with what is discussed in the course.
The modules of earn1k that most resonated with my own personal experiences were the sections on motivation, choosing the right niche and testing a business idea for its viability. If you get these 3 things right, that’s 90% of the battle right there. Ramit does a good job here with these sections especially in inspiring you to take action and making sure you don’t choose a dead end market to pursue. As you know, I preach many of these same principles with this blog and Ramit’s material actually overlaps with many of my postings.
In terms of the other tutorials on freelancing, they are somewhat hit or miss depending on what business you are trying to pursue. For example, since I sell to the end consumer, I rarely have to negotiate with a customer directly(unless it’s an event or wedding planner) so these sections are somewhat less relevant to me. That being said however, if I ever decide to become a wholesale vendor, these skills would be very useful.
As with any course, there will always be material that doesn’t apply since it is meant for a broader audience. Ramit’s focus is primarily on motivation and how to sell, which are skills that many people tend to discount. Bottom line, a lot of his stuff can be learned directly from experience through trial and error. Hell, I made many of the same mistakes that he describes in his videos. The course’s main value is that it will save you time. If you do your homework, you can avoid making the newbie mistakes that will delay your success.
You sound like you have some very down-to-earth entrepreneurial advice yourself. It always warms my heart to see kind and intelligent people becoming heroes of their own life, making a living doing what they love, and sharing their knowledge with others. It is pursuits like this that give people the courage to live the life they want – and things like that are what make this world a better place (because everyone is happier as a result).
I hope to be somewhere in your shoes one day. Congrats on the success!
Ramit is legit.
If he wasn’t, he would not offer a refund.