That’s my goal anyway. $30K USD net profit. I think stating it like a fact makes it more likely to happen. And by telling you about it, it forces me to be accountable. On October 1st I’ll have to confess to you how much I made (or didn’t make).
Also, speaking of confessions. When I tell you how much money I make, I’ve left something out. For about a year I’ve been running a set of accounts I set up for my retired mother. I figured I probably owed her about $30K from all the times she’s helped me out over the years and I wanted to pay her back. I generally just duplicate some of my successful campaigns that are of the auto pilot sort. Since December 2009 I’ve earned about $15K for her.
So for example, when I said I made $11K+ last month what actually happened is that I made $9318 for myself and about $2000 for mom. This month, I’m on track to make $15K for myself and $3000 for mom.
The biggest factor that affect my September goal is the merger between Yahoo and Bing search. I’m making nearly 100% of my money from paid search traffic from Yahoo and Bing. As Microsoft takes over Yahoo search it will affect the traffic volume and quality for both. I’ve got plans for how to deal with that, but I do expect it to affect my bottom line. We’ll see what happens.
I’m expecting to spend about $20K with a 150% ROI = $50K gross or $30K net.
Heck, I might as well also mention that my medium term goal is to make $500K net profit from September 1, 2010 to September 1, 2011.
