So back in 2013 I thought I'd give this thing a shot. Maybe I'd become an instant millionaire too... And I posted the grand total of two products up on TPT. One was a free poster about Roman Numerals (your first item has to be free.) And the second was a set of 3 printable angle posters that I asked $1.49
I just set up a free account and then sat back and waited for my millions to come in...
Well I am here to announce that last month I checked my TPT account again... And I have made the princely sum of $41.91 and after teachers pay teachers took their cut I was left with $19.11 that was my total for two years.
When I checked out the stats behind this I saw that over 1100 people had downloaded my Roman Numerals poster and 10 people actually took the time and effort to rate it for me. Quite highly too. But not too many buyers unfortunately
So my millionaire dreams weren't looking so flash at this point. But to be honest I had been terribly committed to this process and pretty much got the outcome to reflect my effort.
So I am going to start a reboot as of today. Where I am going to research TPT to death and give it thirty days to see if I can make $100.00 from it in 4 weeks. ( I never really expected to be a millionaire as a teacher anyhow ) but let's see if this entrepreneurial experiment can pay off enough for me and my family to go out for dinner on it at the least.
Essentially I already have enough resources right now and I will begin adding them this week. But this time I am going to research what makes all those 'Power Sellers' on TPT just that, and see what comes of it.
I will document my actions each week and post any expenses and sales that come of it.
At least then I can say I gave it a decent attempt and decide whether it is a complete waste of time or something worth pursuing. And share the knowledge with you.
So my first action for this week is to add another ten products, sign up as premium seller that will cost me $59.95 for 12 months. This means I will actually earn more commission when and if anyone buys something and research, research research.
I'll be back next week to reveal my efforts and hopefully be able to tell you I have sold something.
I would love any direction or advice form others around this so please feel free to leave a comment below.
The current score is....
Teachers Pay Teachers owes me: $59.95 in membership fees and around 2 hours in time thus far.
Teachers Pay Teachers has earned me: $19.11 in income for 2 years.
Meaning I am $40.84 behind at startup 2.0 Day 0 - Things can only get better.