Yesterday, my combined income from my various online revenue streams totaled $600.77 net profit. Gross was about $1050. I don’t really pay much attention to gross profit as it doesn’t mean much other than for cash flow considerations. Lots of people get hung up on ROI or gross earnings. That shit doesn’t matter to me. As long as I can afford to keep things running, all I care about is net profit.
When I started this blog over a year ago, I was giving these constant updates about my progress in growing my online income. I have shied away from that a bit as my income has grown. I don’t want to sound like a braggart. Hell, lots of people are making lots more than me, but in the interest of continuing what I started I’ll let you know things are going well.
I’m not rich yet, but I’m on my way. My online earnings for this month are on track to be very close to $10K net. My family and I live frugally on about $2.5K monthly. I draw a monthly check from my LLC which has been accruing assets. Right now, I could live for a year with zero income if things went bad.
Having that cushion of 12 months worth of money in the bank has given me the confidence to say that I’ll never get another “job”. I have had my online earnings rug pulled out from under me twice now where my income dropped nearly to zero. Both times I was able to reinvent myself within 6 weeks and get back to earning enough to survive. One time was a close call. I actually started job seeking as a back-up-plan. Things worked out fine though.
You might think from reading this that I’m content. Not even close buddy! I’ll never be content with my online earnings. I know enough about this business to understand that a guy can earn tens or even hundreds of thousands of dollars per day online. The potential is greater than most people off the street can comprehend. Although my current earnings are at a 6 figure level, they are likely to fluctuate in the future. The uncertainty of online income has me highly motivated to build a nest egg I can use to secure an offline 6 figure income by buying 1 or more businesses.
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