This episode is brought to you by London Business School.

Looking to accelerate your business, or understand the opportunities in AI or ESG,

are you thinking about taking the plunge into entrepreneurship,

or about what leadership skills will take you to the next level?

To listen to the latest insights and discussion from LBS faculty,

subject experts and industry insiders, look for podcasts from London Business School.

Navigate the now and be prepared for what's next with London Business School.

First $1,000. How do you make your first $1,000 in a new side hustle?

That is today's segment. It goes out every single Monday,

today's episode 2438 of Side Hustle School. Today, we're going to hear from a fashion lover

who uses affiliate campaigns to earn commissions. Now, this is a really fun story because

this business is really taking off. The right affiliate business, where you're essentially

recommending products, people are clicking links, you then get a commission on the product.

Lots of people do it and make very small amounts of money, like with the Amazon affiliate program,

but sometimes people actually find a way to hit it. They've found the right source of traffic,

the right products to refer to, they're making reviews or endorsements, or otherwise doing something

to get people excited about whatever the product is. It can be lucrative.

We've had some stories over the years of people making hundreds of thousands of dollars

from affiliate commissions. Under the right circumstances, it can be a great business model because

it's very easy to get started. I never want to say that things are so easy. It's so easy to go make

hundreds of thousands of dollars. No, of course not. What I'm saying is that there are a variety of

business model types and some models are easier to get started than others and relatively low risk

...