If you haven’t heard the name Charles Ngo before then you probably don’t know affiliated marketing. He’s one of if not the biggest names in the space right now. When he was younger Charles tarted a few small businesses on eBay, blogging, SEO sites, but nothing stuck. It was once Charles started to read about affiliate marketing that he realized what he wanted to do. Now, still at an extremely young age, Charles is routinely making well over $1 million a year in profits and he continues to grow his business every single day.
But Charles does more than that. He shares tips, lessons, and even gives his own course on his website. Thankfully Charles was nice enough to take the time to answer some questions we had for him.
1. Charles, many folks who are entrepreneurs are business oriented, even at a young age. Was there anyone in your life who influenced you to become that way? And if so, how?
The Tim Ferriss book Four Hour Work Week was a big driver for me to get into the internet space. But before that, my parents were my biggest inspirations. They’ve always been entrepreneurs (although they preferred I work for a corporation)
2. At what point did you realize that money could be earned online, and did you ever think you’d be doing what you do today?
In my Rise of Ngo series (https://charlesngo.com/the-
3. Tell us about your very first affiliate venture and the lessons you learned…..
My first affiliate venture that was profitable was on Facebook. It was in the gaming niche, and I spent over $1k before I got it profitable. The #1 lesson was this: Campaigns are built, not discovered. What this means is, you need to optimize, split test and make improvements before you’ll see profit. It’s very rare to buy traffic, send it to an offer, and it instantly makes money.
4. How do you think Affiliate marketing has changed in the 10 years you’ve been involved?
Affiliate marketing has become more competitive, but this brings an advantage. More and more companies are offering affiliate programs. Microsoft and Skype offer affiliate programs. Not that I promote them, but it just gives you an example of the scale of money there is to make in this industry.
5. Where do you see Affiliate marketing say 5-10 years from now?
I see affiliate marketing becoming more mainstream. 8 years ago it was a lot more of a closed community, there were no real forums, events or anything. More companies are outsourcing tasks, and marketing is starting to be given to guys like us. We are the most efficient marketers. We only get paid when we drive certain actions for a company, which means we help companies increase their bottom line.
6. What’s the most you’ve ever made from an affiliate marketing campaign in one day?
I’ve done close to 6-figures profit in one day before.
7. What advice do you have for aspiring affiliate marketers?
The best piece of advice is this: Launch a campaign. 95% of people who want to make money online just read about it. They fantasize, but they don’t take action. You could get world-class coaching, but you’ll never truly learn until you launch.
8. What do you think the most important business lessons you’ve learned over the years are?
You can’t do everything yourself. Build a team and build systems.
9. If you could go into any business other than affiliate marketing what would it be and why?
I’d love to build a SAAS product.