Monday, August 24, 2009

Profit Making Goals

As with any business enterprise, there are three profit making goals: Today, Tomorrow, and Next Year.

Actually, of the three, today seems to be the hardest to contemplate, especially for a beginning blog. For now, I simply have Adsense on each of my blog. Unfortunately, new blog = no traffic. I am also going to add a few affiliate marketing links that relate to each of my blogs. Still have that pesky no traffic problem to contend with though. Setting a modest goal of $1 a month.

Tomorrow is more being translated as next month and then 60 days from that because 30 and 90 days are the minimum amount of time that has to pass before a blog is eligible for paid-to-post type of programs. For now, this will probably be the most lucrative of the three efforts. However, this is not my favorite type of income, as it is actually work and is very limited to my efforts. Setting a goal of $100/week within the next 120 days.

Next year, however, is my favorite. I'm kinda lazy and I really enjoy passive income. That's income where I do the work NOW and potentially reap the benefits FOREVER. Its gonna take some work to get up to that level, though, which is why I set the goal for next year. I'm setting what I believe to be a modest goal of say $100/month in passive income. Hopefully, I will exceed it. I'll keep you posted.

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