Are you capitalizing on all the latest trends? Are you making money via the Internet? Or, are you off to the factory again, working at a job that will most likely not last through the winter? Honestly, I have nothing against factory jobs. I’ve worked a few of them myself, but we now live in a world of online marketing where there seems to be no shortage of cash. Are you already up to your armpits in hundred dollar bills? Or are you afraid to take a chance, and ignore the new avenue of wealth around you?
I started this website for one reason – I had quite a lot of knowledge in finance, but didn’t have a job that would utilize my skills. Basically, my wife was going crazy, because all I talked about was finance! So, I decided to redirect my love for personal finance, and so this website was born.
When I first started the site, I really didn’t have any intention of monetizing it. I just wanted to write about personal finance, and maybe help out a few people along the way! A few weeks went by, and I decided that I would put Google Adsense ads on my site to try to cover the cost of the blog. I think I made $0.03 in the first month, and I was ecstatic! I couldn’t believe that it would be possible to make money with something that I loved to do!
Pat Flynn and The Smart Passive Income Blog
It was at this point (with my 3 cent income) that I became curious about the blogging world. How much could possibly be made online through a few websites? Were people earning enough to make a living without a regular job? In one of my initial searches, I stumbled upon Pat Flynn’s blog, “The Smart Passive Income Blog“.
Pat is a very straight-forward guy. He works hard (you can tell by his various web projects), tells you everything he’s doing, and he’ll tell you how much money he makes each month (my favorite part)!
Pat started his website in 2008 when he lost his full-time job. He thought maybe he could make enough to survive, but now he far surpasses survival… in April or 2011, Pat earned $41,000 (yes, in a single month). Of course, not all of this is from a single website, but this really shows you what is possible!
His earnings have come from his main site (mainly via affiliate marketing), a couple of niche sites, and a couple of iPhone apps. That’s basically it.
After viewing his earnings, I naturally think to myself, “I can do that!” And why can’t I? Why can’t you!?
While my goal of this site is not to make a million bucks, the extra income definitely allows me to help my readers with more helpful tools and freebie giveaways.
The monetary income is also a great way for me to measure how popular my site is becoming. I want to make sure that I continually make improvements and grow this site’s popularity. After all, I want to help as many people become financially independant as I can!
So, starting very soon, I plan on displaying my monthly income reports. You, my readers, deserve to know how this site is making money, and also, I’m hoping that it will inspire you to make some online money of your own!
Do you like the idea of me sharing my online income? Do you think it will inspire you to make some online money yourself? Please, let me know your thoughts.
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.