TMBA 494: The Affiliate Marketing Adventure

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Dan and Ian have heard many variations of the same question over the years: “I want to be an entrepreneur, but how do I get started?”

Today’s guest has some really practical insight into what it means to take the leap into creating your own business.

Dom Wells began, as many do, building affiliate marketing sites.

He’s since gone on to establish several successful spin-off businesses from what was effectively a side hustle, all while still working a full-time job teaching English in Taipei.

This week, Dom joins us to share tips for getting started on the long journey of entrepreneurship, how to build a skillset and a network, and the mistakes that he made along the way.

Transcript

Listen to this week’s show and learn:

  • How Dom began his affiliate marketing adventure. (5:26)
  • What kinds of mistakes he was making in the early days of his business. (9:51)
  • What happened when Dom’s business started generating 10k a month in revenue. (25:21)
  • Why Dom decided to sell Human Proof Designs. and what made him want to start his new company, OnFolio. (33:42)
  • Whether affiliate marketing is still a good opportunity for someone starting their entrepreneurial journey in 2019. (43:49)

Mentioned in the episode:

This week’s sponsor:

This week’s episode is sponsored by The Dynamite Circle. The Dynamite Circle has been around for over 8 years and is a private community for established entrepreneurs. First and foremost, the Dynamite Circle is a community of peers, who understand their challenges and are willing to help each other on a day-to-day basis. Dynamite Circle members can choose to be placed in carefully matched online masterminds, have access to free bespoke recruitment services via Dynamite Jobs, and can seek and share advice through our private business forum. You are also able to buy tickets for our events around the world, including our longstanding annual event in Bangkok, DC BKK. Stop growing your business alone, head on over to TropicalMBA.com/DC for more information.

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In the entrepreneurial world, it’s rarely questioned that “exiting” is the end goal of a smartly built business and a prestigious waypoint in a successful career.

In 2015, Dan Andrews and Ian Schoen sold their business for multi-seven figures, and although they don’t regret selling – there are many mistakes they made that were avoidable.

The book presents thought experiments designed to help you avoid similar mistakes.

Whether you are in the early stages of building a business or thinking of selling, this book is designed to help you build with the future in mind.

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Thanks for listening to our show! We’ll be back next Thursday morning 8AM EST. Cheers, Dan & Ian

Published on 05.23.19

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