Earning Over $350K on Fiverr (per year)|Alex Fasulo - a podcast by Cody of Fly to FI and Justin aka Saving Sherpa
from 2019-09-10T07:00:54
In today's episode, Cody and Justin are joined by Alex Fasulo who is the queen of Fiverr.
This 26 year old makes insane money as a copywriter all online.Alex came from a family of entrepreneurs but sought a job in politics or law.
After graduation, she found herself in a job she hated and quit soon after. Alex turned to a little site called Fiverr to start trying to earn money online.Fast forward a while and she'd become a Fiverr pro who travels the world and makes over $350k per year risk-free.
Listen and read below to hear how she did this and how you can too.Episode Summary
She really started paying attention to money after moving to NYC and being out of a job just a few weeks laterThe job didn't turn out to be at all what she was expecting
So she quitShe comes from an entrepreneur family
Her mom has done hand-painted clothesHer dad has made board games
She went to school for political science and aspired to be a lawyer or politicianIn the house, they were smart with money and savers
However, there wasn't conversations on investing or anything more complicated
Before she quit her job she had been on a site that was still pretty small called FiverrAfter a few months, she started having some traction with it
Alex recalls the first day she ever made $100 in one day and felt like this could workThen we start discussing how she grew her rates and found her value
After a year of taking things really seriously, she was earning around $32kAlex talks about how important the review is during this growth stage
She said if you're early on, it's best to just create a new account if hit with a bad review
Now we unravel the origin of Fiverr Pro and how Alex's earnings exploded
Alex was invited to a photoshoot for Fiverr and then told she was invited to this new programThe minimum rates would be four times what she was currently selling
Keep in mind that there's no pro membership or risk to Alex
Eventually, she was making over $300k per year and money was piling upWe then discuss what Alex plans to do with all that money
Then we discuss the drawbacks like all the sitting, bad backs, and carpel tunnelWhile the business is crazy successful for Alex, it isn't really possible to scale further
Currently, Fiverr doesn't have a team version but it may be in the future
Alex isn't ready to leave Fiverr anytime soon because they bring her so many clients
Even though they take 20% of the profits, she doesn't believe she could find the number of gigs
We then talk about some of her biggest or craziest deals including the royal familyShe's also starting other side hustles like converting horse trailers into mobile bars and ebooks
Key TakeawaysBrace yourself for change: It was awesome to see how well Alex did with the change that happened when she found herself in a job she hated. We have to be ready for what life hands us and make the most of it.Income can be exponential: Much like investments, income can also grow exponentially as you build a reputation
Online doesn't mean easy: We often romanticize working online but it's obvious Alex has put in countless hours to build her dream. Don't expect easy money to just fall in the sky
Call to ActionGo browse Fiverr and look for inspiration to start selling your own gig!
Join the CommunityWe’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Sign up for our exclusive newsletterJoin our Facebook Group
Leave us a voicemailSend an email to contact [at] TheFIshow [dot]com
If you like what you hear, please leave a rating/review!The FI show on iTunes
The FI show on Android
Contact Alex:Via her blog and grab her book
Catch her on FacebookFollow her Instagram
In our Facebook group!
Further episodes of The Financial Independence Show
Further podcasts by Cody of Fly to FI and Justin aka Saving Sherpa