I woke up this morning and checked my Adsense, expecting another click, like I do every morning but there was a big fat zero. So I went to check Amazon and there it was. Someone ordered something using my referral link! I couldn't believe it. I immediately went to see what they ordered. It was a sewing machine that was only $20 but I should still get 80 cents (if my math is right). I'm thrilled and I hope I see more orders soon. Maybe I should write some articles on expensive items instead of cheap items;)
How is my Adsense going? It is going great! I've had at least one click every day this week even though I'm only on track to make what I made last month (unless I get some really high clicks). I'm currently at $7.28 for this month. I'm up to 65 articles.
I got accepted to Chikita last month so this was my first full month with Chikita. I have had two clicks for a total of 19 cents. Both clicks came from the bottom ad block. This means that people are reading all the way through my articles which is great but it makes them less likely to click on the Adsense ads. After I get to 150 articles, I'll experiment with some shorter articles.
How's the contest going? The contest is going okay. I'm working my butt off trying to get caught up. I took a day off to do homework and fell behind. I'm almost back into first. I just have to keep writing the same amount of articles as the first place person and try to do one or two more each day. You are probably wondering how I'm writing so many articles each day? I've decided to stop doing keyword research and SEO until December. I pick a topic and I search for it on Ezine Articles. I choose three articles about that topic and I quickly read through them. I close them and open a word processor and start typing. I type the article based on what I had just read. I can get an article out in an hour this way. Before it would take me at least two hours to research and type out the article. That time doesn't include the time it took to find the pictures and add links. I don't really expect to make much money off these articles but winning the $100 Amazon gift card and getting 50 achievement points for winning a contest would really be awesome.
I'm going to be really busy this week. My professors apparently don't care about Thanksgiving and they piled on a ton of homework this week. I'm going to my aunt's house in Iowa for Thanksgiving so I have to get all my homework done by Wednesday. My aunt doesn't have Internet. It's going to be crazy. I'm still going to keep writing articles for the contest. On Thanksgiving, I'll write articles on my laptop and just save them on my computer. I'll have to wait until I get home on Friday before I can post them. I'm getting stressed just thinking about all the stuff I have to remember to do. I probably won't update the blog until after I get back next weekend. I hope everyone has a happy Thanksgiving and a wonderful Black Friday!
Showing posts with label motivation. Show all posts
Showing posts with label motivation. Show all posts
Sunday, November 21, 2010
Saturday, November 13, 2010
Back on Track
As you can tell by the last post, I got distracted from why I'm doing this. I'm not giving up on the contest but I'm not going to stress about it anymore. I'm going to write as many articles as possible and whatever happens, happens. I'm doing this to build up a passive income - not to win a contest. It looks like I should get at least 3rd place in the contest and I can be happy with that. I think I'm going to try to write as many articles as I can each month and save whatever winnings I get. Someday, I'll be able to use my winnings to buy a netbook. Here's the netbook I'm going to buy with my winnings: HP Mini 210-2050NR 10.1 Inch Netbook Lavender. I should have enough to buy it around March.
Another thing I wanted to mention is that I'm planning on going on a cruise either during spring break in March or next November. I'm hoping to get a nice passive income built up by then so I can still make money while I'm on the cruise. The power of passive income is awesome!
Another thing I wanted to mention is that I'm planning on going on a cruise either during spring break in March or next November. I'm hoping to get a nice passive income built up by then so I can still make money while I'm on the cruise. The power of passive income is awesome!
Sunday, November 7, 2010
Power of Passive Income
A lot of people, including my parents, have a hard time understanding why someone would want to work without knowing exactly how much they are going to be paid. Whenever I tell my parents that I'm writing an article, they ask me how much I'm going to get for it. I always tell them that I don't know and that I hope it's a lot. They look at me like I'm crazy. Passive income is a powerful thing that most people don't understand. If everyone knew what you could do with a passive income, everyone would be doing it.
I'm assuming most people reading this blog know what passive income is and what it can do but if you don't, here's what it's all about. For example, let's compare two articles. One article is a guaranteed $20 and another article is revenue share. Let's assume you make $2 a month from that article. After a year, you will have $20 for the guaranteed article but you will have $24 for the revenue share article. In two years, you'll still have $20 for the guaranteed article but you'll have $48 for the revenue share article. In five years, you'll probably have spent the $20 for the guaranteed article, however, you'll still be making money on the revenue shared article which will be at $120. So what would you choose to do? Write an article for $20 or for $120. Remember that the revenue share article will still be earning past the $120.
Most people on Info Barrel have concluded that it takes 150 articles to earn $100 a month. I've seen a few people with 250 articles and they seem to make around $300-350 or more per month. They will make this amount for the rest of their lives. It's like the Publisher's Clearing House prize of $5,000 a month for the rest of your life. If you write enough articles, you could easily earn that much money. I am plan on making $5,000 a month off my articles within 3-5 years. I will diversify with a thousand articles on Info Barrel, a thousand articles on Hub Pages, a couple hundred on List My Five and a couple hundred between the rest of the revenue sites. With $5,000 a month, I can retire (or at least not have to work if I don't want to) and actually start living my life. Who knows how much I could actually make - far more than $5,000 a month is possible. I'm motivated by the thought of being able to do whatever I want without having to worry about money.
I'm assuming most people reading this blog know what passive income is and what it can do but if you don't, here's what it's all about. For example, let's compare two articles. One article is a guaranteed $20 and another article is revenue share. Let's assume you make $2 a month from that article. After a year, you will have $20 for the guaranteed article but you will have $24 for the revenue share article. In two years, you'll still have $20 for the guaranteed article but you'll have $48 for the revenue share article. In five years, you'll probably have spent the $20 for the guaranteed article, however, you'll still be making money on the revenue shared article which will be at $120. So what would you choose to do? Write an article for $20 or for $120. Remember that the revenue share article will still be earning past the $120.
Most people on Info Barrel have concluded that it takes 150 articles to earn $100 a month. I've seen a few people with 250 articles and they seem to make around $300-350 or more per month. They will make this amount for the rest of their lives. It's like the Publisher's Clearing House prize of $5,000 a month for the rest of your life. If you write enough articles, you could easily earn that much money. I am plan on making $5,000 a month off my articles within 3-5 years. I will diversify with a thousand articles on Info Barrel, a thousand articles on Hub Pages, a couple hundred on List My Five and a couple hundred between the rest of the revenue sites. With $5,000 a month, I can retire (or at least not have to work if I don't want to) and actually start living my life. Who knows how much I could actually make - far more than $5,000 a month is possible. I'm motivated by the thought of being able to do whatever I want without having to worry about money.
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