I always love to feature successful entrepreneurs on youngprepro due to the great wealth of knowledge I and you do gain from them. Today’s interview is with a super-dynamic entrepreneur who runs many websites and has success with them, Martin Njounkwe. Read this interview carefully because there is a lot to learn from it.
1. Hi Martins, this is really a great opportunity to interview you and
it is always a pleasure to interview successful entrepreneurs like
you. Can you pls introduce yourself to my readers?
Thanks for having me here today, it’s really an honor. I am Martin an 18yr old undergrad in the UK. I am the founder of SuivreApps and Iphone Dev Company and MyEntredex the entrepreneurs online Rolodex. You can find out about more of my upcoming projects here
2. I have been hearing of this Fiverr thing for sometimes now, can you
pls explain to us how everything works?
Fiverr is basically an online market place for goods and services traded at the fixed price of 5$ hence the name.
As a starter, it’s quite easy to sign up and start selling in under 5 mins but there are little bits and tricks which if learnt will turn the users fiverr experience into a good one. For example tricks on how to increase traffic to your gigs in order to generate more orders, how to optimize your gig title and much more .
3. Why do you prefer fiverr and why do you think it is a good system
for making money online?
Why I prefer Fiverr ? Simple. Buyers look for me and not the other way round!
4. A lot of system have come and go, what do you think is the future of fiverr?
I think with proper management as it is being managed currently, Fiverr has got a great future. Plus this opens lots of opportunities to the public for example its makes outsourcing your marketing, seo , article a lot more easier.
5. You said you’ve been making money online from fiverr? Can you pls
explain how you do this?
Without going into too much details as it will render the information in my ebook obsolete as well as antagonise does who have already purchased it (I say thank you all).
Look at it this way, one gig on fiverr is being paid at 5$ lets say worst case scenario you get 1 order daily in a month thats 30 orders which brings you 150$ gross monthly. Now imagine if you can increase these orders daily to average 5-10 daily what does it gets you at the end of the month ? around a lot right ?
So basically thats what I teach in my ebook.
6. One thing I am concerned with about making money online is the
consistency of your income (and I am sure many of my readers do too),
what do you think about consistency of income from fiverr?
The good thing about Fiverr is that those who visit the site come looking for a solution ie they come to buy gigs. This means that you have a steady stream of traffic daily of people interested in what you have to offer.
As with every online money-making method there is bound to be some inconsistencies but in the long run it averages to a fixed amount which you can plan on achieving.
7. You also have a database that features a lot of great
entrepreneurs? Can you tell us more about it and why you created it?
The MyEntredex idea came to my mind when I realized networking was key to anybody’s success, I was therefore keen on finding “new” people to learn about, talk to, and who could in turn broaden what I already know. That’s when I realized, “what if you could have a large database featuring different entrepreneurs’ profiles under set categories, this way it will be a lot easier for others to meet, learn and leverage themselves with the help of others.
For example a programmer could be looking for another person who does the same thing as himself in order to help each other probably start a project etc. The possibilities are endless. That’s why on every profile we try to provide every public information available about this person which can help others get in touch with them.
Currently we are looking for partners to expand on this idea as well as a social network aggregator to include on each profile hence making it more current.
8. What is the biggest challenge entrepreneurs face and what is your
advice for them?
I think there are various challenges people face as an entrepreneur and I believe that some are down to your mindset. So I’ll say the biggest challenge I will say is to “take action”. Personally I think this is the reason why many marketers keep on making money because people refuse to take action. Yeah you might have the resources and all the like but the important thing is to get yourself out take action and never despair. One book which I will highly recommend EVERYONE to have a read at is Paulo Coelho’s The Alchemist, I think every entrepreneur should read this book before any other book.
9. When was your happiest moment as an entrepreneur?
I have had various moments which I was proud of myself for example getting my first product out which is an ebook on “how to make money on fiverr” as well as every milestone which I hit with my app dev team for my iphone app. I believe these are the moments which help you keep on keeping on.
10. When was your worst moment as an entrepreneur and how did you come over it?
My worst moment as an entrepreneur was when my first hiring failed me along the way. It was this apple iphone developer whom I had hired, the project was going on quite well till one day I got up and received an email saying he couldn’t continue and gave no reason and switching developers in between a project can be a very costly and timely process. So I had to suck it up and continue with the project with another developer.
11. Do you have any resource on how to make more money on fiverr?
Last month saw the release of my first product which is an ebook which details you on how to make money on fiverr. It teaches you what to do and what not to do and how to go about doing it in order to optimize the results you get. Plus I have got a newsletter which I constantly broadcast new tips and tricks. All these you can find it on the website : www.howtomakemoneyonfiverr.com
12. As a successful entrepreneur, what advise will you give to other
entrepreneurs, especially those just coming up?
Firstly I will advice them to stop reading this interview and go and take action on whatever idea they’ve got. Whether its to write a blog post, update your sales page, contact someone for help; go now and DO IT!
And another thing I learned along the way is money buys money in every case. For example to set yourself up as a blogger there are various expenses you have got to incur which without you wouldn’t be able to do what you do. So always bear that in mind and try not to focus on the little picture but on the larger outcome.
13. My readers want to know more about you and they will be happy to
learn from you, feel free to tell us about your websites.
I run a couple of websites with the widely known one being MyEntredex.com but you can learn more about the rest here
MARTIN: Once more I will like to thank you Oni for having me here today, and hopefully in the nearest future I will be able to provide a post here on your blog which might help your readers comprehend more about Fiverr.
ONIBALUSI: Great Martin, it is really great to have you featured here and I am sure my readers have a lot to learn from you. You can visit Martin’s websites at MyEntreDex and How to Make Money On Fiverr.
PDF 
Ready to Get Started with Your Freelance Writing Career?
Ready to Get Started with Your Freelance Writing Career?
Hi Oni
Great interview and thanks for introducing me to Martin. He sure knows his stuff and has lots of terrific advice. It’s funny you talk about fiver as I have signed up recently. I look forward to reading Martin’s tips on how to optimize it.
Thanks for sharing.
Michael
Thanks for the nice words man!
It is great interview, Great question and brilliant answer
Hey Onibalusi,
Great interview. I’ve used Fiverr a few times now and it’s pretty good. It all depends on who you order from, some people can be slow and some people just won’t do it at all, or the people do half of what they were paid for. I guess Fiverr is okay but there’s a lot of people on there trying to make a quick buck.
Thanks for the great interview.
Karl
Very sorry to know that your Fiverr experience hasnt being the best so far. But I will soon be releasing an article which will help people screen providers and order gigs in tranquility .
Hey Oni ,
You didnt inform me it was up yet? :p
Thanks for the interview and it was really great having a chat with you! Its awesome how far you have come along with your blog. Just dont forget to keep on keeping on.
Great Martin,
I thought I have informed you only to remember I haven’t
, I am so sorry for that 
Thanks so much for taking the time to asnwer the interview questions, you rock!
Very impressive article. I learned lot of things from his interview.
Great to hear that it helped you.
Thanks
Martin
Good interview.
Half way in the interview i googled to see if howtomakemoneyonfiverr.com was taken and then came to his squeeze page, i knew it was his page, then i returned to the interview to see his domain
Yes a very good interview.
Thanks for the comment man! I was pretty quick to secure it.
Thats a great interview, I would fiverr like to see also accepting other amounts like do this for 9.95 or so, not sure if it can be done already but I think it would be a good extension.
I think if they alter the business model of getting gigs done for more than 5$ will make the domain name non relevant and hence they will loose their USP.
I only recently heard of fiverr, so am checking out Martin’s new product with great interest.
Thanks for an indepth and really well constructed interview Oni.
Seriously, I have heard and seen some interviews lately (with some pretty high profile bloggers I might add) and they sucked compared to your layout and questions!
Really got a good insight into a guy thatI have to say….Impressive much!!
Awesome Oni, you;re killing it man, really killing it.
think you’ll like it
(look out Dev) LOL
btw – check out my latest rant post aimed squarely at the ’100 comments challenge’ and all the idiots I had to particpate with
Hi
Awesome Interview…..love it
Specially the slogan “money buys money” true.
Thanks For Sharing
-Abhishek
So true. Many people forget that, when they try to make money online.
You cant get serious at blogging without paying for a domain name+hosting.
This saying also applies in several other circumstances.
Thanks again for the comment
Hi Oni,
I wondered what fiverr was about. Seems like a solution to problem of entrepreneurs not being able to find business, because business finds them.
Thanks for sharing the insights of a successful young business person.
Ryan Biddulph
Fiverr is a great tool which entrepreneurs can really make use of. You just need to know “how to” and thats where many people fail to get the immense opportunity Fiverr brings to both buyers and sellers.
Awesome! great interview! myentredex is a nice site, a home for every entrepreneur! keep the good work up Oni! take care.
Thanks for the comment. MyEntredex is a really great place where you can get to meet and approach lots of interesting young entrepreneurs from different categories.
Great Interview, It’s always great to hear from other entrepreneurs. I’ve never used Fiverr but, might be something I try out later.
Good to see you finally get interviewed Martin.
Yeah, thanks for the comment and support man!
Hi Oni,
Thanks for arranging this interview. I have heard of Fiverr but haven’t really make use of the service there. Martin is really a dynamic entrepreneur and I am glad to know somebody who I can learn from. Thanks again Oni.
Thanks for the good words Lye , BTW great blog you’ve got, and hope you can get to learn a lot from me.
Thanks
Martin
I got the basic thing from this interview “take action”
Though, it won’t be easy but making money is all about that but you also have to be very careful and focus and consistent do something towards your goal.
Thanks for the awesome interview!
“Take Action” Nothing gets done on its own, you need to get out there and make the best of what you can!
Thanks for the comment and as you rightly said, “Nothing good comes easily”
Great interview, Martin certainly sounds like an up and coming entrepreneur and I look forward to hearing positive things about him in the not too distant future.
Thanks Fergal, great to see I have support coming from the owner BAF himself !
Awesome Interview, Martin.
I strongly believe Fiverr is a good place to make money online and it got a very bright future. I already earned some bucks with them, but still I want it to be consistent. Hope you have explained that in your e-book.
OffTopic: Sent an e-mail for an offer. Please revert back.
Sathish
Thanks for the comment man! I will get to you asap! Cheers
Best of luck with the ebook, Martin!
I wish you every success. And nice job on the interview, Onibalusi.
You young guys are doing fantastically well. I wish I’d been so productive when I was your age!
Keep up the good work.
Thanks for the comment
Hi Martin,
I enjoyed reading your interview and your enthusiasm and desire to work hard and succeed definitely come through. I am quite confident you will be successful. Keep us posted on how you fare!
Thanks for the good words man! I will sure let you all know about my journey!
By the way on twitter I’m “Jahan Choudhry”.
Followed back
I’ve never heard of fiverr before, it looks like a great resource that I will be sure to make use of.
Nice Interview, you guys rock..I really enjoyed this article..I heard about fiverr.com before but not used it its awesome service ever..
Thanks