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Today, I'll be giving you my opinion on how much capital you need in order to start in the online marketing industry. Given that I've become a millionaire from marketing, I am bringing some of my experience to the table that influences my opinion greatly. (giving you context so that my opinion appears less random and more based on data/experience) What is digital marketing? "Digital marketing is the act of promoting and selling products and services by leveraging online marketing tactics such as social media marketing, search marketing, and email marketing." The marketing world is something that evolves all the time, especially in recent times. Which means that it's not easy to get started. With Facebook placing new restrictions on ad targeting, how the latest Facebook algorithm changes will affect marketers, the way that Facebook collects data, and not to mention the changes that Apple iOS 14.5 and iOS15 made and how it affects marketers negatively, etc. - all of this has made the barrier to entry harder. But, it's not impossible! With the right mindset and following the advice that I give you in this video, you might just become a digital marketing mogul! Taking the initiative and trying your hand at entrepreneurship in the world of marketing is a huge step by itself. Remember, you should have some income when going at this, otherwise the risk to reward may not be worth it. What do you think that the right amount of money is to start marketing? Do you think more or less capital is needed in order to get started? Let me know in the comments down below! Resources mentioned in the video: AdSpy - https://bit.ly/3kP8CtN Facebook Ad Buyers Group - https://bit.ly/3wFIztn Facebook Blueprint - https://bit.ly/3C9ISxZ If you would like to check out a specific part of the video, check out the timestamps below: 0:00 - Intro 0:45 - Type of product you are advertising 1:14 - How much experience do you have in marketing? (Facebook Ads, Google Ads, etc) 1:49 - The difference between losing money and buying data 2:13 - Ad split testing and collecting data 3:10 - How much money should you invest in marketing? 3:50 - Looking at the competition and useful marketing tools (AdSpy) 5:05 - Can marketing be a side hustle? 5:51 - Do most people fail in the marketing world? 7:27 - How hard is it to start digital marketing in 2021? 8:20 - Record every piece of data 8:46 - Should you spend money on marketing courses? 9:57 - Facebook Ad Buyers 10:43 - Facebook Blueprint 11:07 - Recap - What do you need to start a career in marketing? 11:42 - Outro If you have any questions, please don't hesitate to reach out in the comment section and if you're looking for a consultation then click on the following link and fill out an application - http://jim.pastirmatzis.com/ Also, make sure to subscribe by clicking the link: https://bit.ly/3ByNnSa Thanks for watching guys, and I will see you in the next video!!