I live a few hours from Denver and am getting ready to head out this morning. I’ll be getting there about noon so will miss some of the 1st day. Affiliate Convention is a pretty small affair and hasn’t been the best received in the community.
I debated at some length whether I would attend again this year. But decided I might as well. I met a few people last year that justified it. I’m really only going for the networking, but I’ll sit in on a few sessions as well. Sure, you can make friends in the industry long distance, but nothing really compares to shaking someone’s hand in person and sharing some experiences like lunch, dinner, or a drunken bender that lasts into the night.
Sorry, I haven’t been updating my blog very often, frankly it is because I’ve been too busy with my family. We just had our 5th child 10 weeks ago. Also, if I’ve been at my computer, I’ve generally been working on scaling up my stuff. I used to give updates about my income monthly and have really been remiss about that.
Here is a general update: Things have been pretty steady over the last year. Increasing a little bit every month. Last month I made about $8,600.00 net on about $16,000.00 gross. I have a goal of making $30K net in September. Cash flow has been one of the biggest factors limiting the rate I can scale things. I’ve finally reached the point where I have enough business capital to scale things as fast as I can do the work.
November was OK. I didn’t scale up too much, but did make a little more money than last month. I’m only working on campaigns that I feel will have a long stable life. I want to be in a position to take months off as my wife is due to give birth on about April 5th.
November money spent:
$5,179.30
November money earned:
$13,153.32
$151.76 referral income from Market Leverage
=$13,305.08 total gross profit
$8,125.78 total net profit for November
Looking forward to December my goal is to net $15,000. My strategy to achieve it is to focus on increasing ROI….specifically I’m working on reducing my CPC and using the surplus to fund new campaigns. Also, I’m working on increasing CTR and Conversion rates.
Go back in time and see my affiliate marketing profits for July through October 2009.
Things are changing here. It is July 5th, 2009. From the 1st to the 3rd I made $999.90 net. Saturday the 4th I made $527 net and today, Sunday at 6pm I have $430 in net profits.
This represents marked growth in my campaigns’ performance. It’s very exciting and a little unnerving. I am nervous about the rug being pulled out from under me. Google represents a large majority of the traffic and conversions I’m getting.
At Affiliate Convention, I told people that I was making $3K net monthly and that “Within two months I’ll be making $10K monthly net.” It’s only been two weeks, but I’m already there. Of course it needs to hold for a month for me to brag, but I’m really quite pleased.
I don’t know if I’ll ever be secure with this affiliate marketing income. Laws are changing. If you depend on Google for SEO or PPC, they can change their algorithms at any time and hurt your income badly. My basic plan is to make as much money as possible as fast as possible and sink it into offline investments such as real estate and brick and mortar businesses.
I want to have a totally stable and secure passive income which far exceeds my needs and only grows over time. In other words, I want to be wealthy in every way. Time, money, family, health. I want every type of wealth there is and I’m on my way. Thanks for coming along for the ride.
Have any of you gone through issues when it comes to adjusting to financial wealth? I’m having to work to push past the limits of my comfort zone. Please comment about your own experiences with income growth and it’s effects on your life.
This is the follow up to the Challenge to make $15,000.00 net in June.
Well, I only made $2761.50 net this month. I squeaked by my competition with a slightly higher net income for the month. I enjoyed the challenge of it, but hitting $15K net was pretty much a cash flow impossibility by the 22nd or so.
Still, I’m happy to take on all comers. Eventually ALL internet traffic will pass through my servers. Mooowhaaahaaaaa! That’s what makes me ‘Dangerous’. You’ll be allowed to stay in business, but your traffic will have to flow through me.
I’ve met up with a new friend via Twitter. You can meet Zaldy here http://zalds.com/ I don’t have much time to post this as he has challenged me to make $15K net this month. He and I are at nearly the same level although we have different strengths and weaknesses. We’ve been chatting, and helping each other out. It’s been a nice collaboration.
So now my goal for the month has become to net $15K. The rules are that I must make the entire $15K net profit before he does in order to win. I am currently at $724 net profit month to date. Which would only carry out to make $3620 unless I do some extra work.
Yesterday and today I have made $181 and $172 net profit (today’s not over). So, I have a lot of work to do. I can’t be sticking around here talking to you bums, so I’m gonna go for now. You can see my micro updates if you want to follow me on Twitter.
