Revisiting Goals.
I’m beginning to see the importance of revisiting goals frequently, even if they are just irrational desires, such as what I wrote in my first post, Hello Paycheck.
The goal is to have earned $500 by January 1, 2006. I’m preparing myself for a let down somewhere in the $400-range. Ha! A let down! That’s $400 for typing at my laptop. $400 that I earn in my spare time.
Fortunately, especially as the result of the last 7 days with YPN, I broke the $500 mark, based on my calculations.
(10 months, including September) AdSense Check - $140
Pending October + November AdSense Check - $198
October Chitika Check - $17
Pending November Chitika Check - ??
Pending November+December YPN Check - $115+
Pending October+November BlogAds Check - $42
I believe that’s $512. Unfortunately, BlogAds only pays out if I’ve earned $75, so I won’t actually see a check from them for a little while longer, actually taking my total to $470. I should definitely reach $500 by January 1, 2006 without BlogAds assistance.
In 2006, I should definitely be a 4-figure blogger on one site alone. (Someone who earns over $1000 in one year.) I can only hope the site has growth potential and doesn’t flatline where it is.
As you can see from my earnings above, reaching $1000 in one year should not be a stretch for me, even if it’s only on one site. If I add some new sites, reaching that $1000 could become a monthly goal. If I earn somewhere in the range of $500 in January, I will likely set a goal of $1000/month by May 2006.
I have plans for a handful of sites, but no time to implement. 2006 could be a huge year for me…or it might be a flop. The VERY AMBITIOUS, HIGHLY UNLIKELY goal for 2006? 5-figures (over $10,000 in one year).
As indicated above, if I earn in the range of $500 in January, I will likely set a goal of $1000/month by May 2006. (This will absolutely require that at least one site be launched in the month of February), but the May goal puts me somewhere very close to $10,000 in 2006. (January-April = 4 months at $500 = $2000) + (May-December = 8 months at $1000 = $8000) (January-December 2006 = $10000)
Note: I graduate in May 2006, but will not be able to launch sites or regularly update anything until August, at the earliest. This could throw a major wrench into the process.
Unfortunately, because my earnings are increasing so quickly, I may need the assistance of an accountant as the season for filing taxes approaches and will likely be upset at how much is taken away from me. Fortunately, I don’t spend this money as I earn it, or I might end up losing money.
