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Archive for June, 2007

Still Making Progress Toward Business

June 21st, 2007 at 02:15 pm

I haven't posted in a while so I thought I'd give an update.

I'm averaging $3,000-$5,000 per month on the side, which isn't yet enough to go full time -- so I'm still working my day job.

I've invested a lot of the money I've been making back into the business, but I've been wasting a lot of it too. I really need to learn better cashflow. Making more money doesn't help when I spend it as fast as I make it.

I launched a different product two days ago and made a little over $1,000. This was for a membership site, so most of the money will keep coming in each month until people cancel.

This whole Internet marketing thing can get very distracting. Not only distracting me often from what is important in life (NOT money), but also distracting in and of itself.... there are so many ways to make money online that it can be tempting to try a little of everything. But real progress is made in sticking to one thing and following through. I'm still learning that.

My goal had been to quit my job by May 1, but obviously I missed that goal. I keep thinking the next thing is going to take my income up enough to quit my job, but it hasn't happened yet. I'd like to be making at least 10K per month before I quit my day job.

I'll keep you posted.