Internet Business Blog

Monday, December 31, 2007

Has 2007 Been a Good Year for your Business?

It's New Year's Eve, or Hogmany as we call it here in Scotland. Before I venture out to celebrate the bells or the arrival of 2008 I am reflecting for a few moments on the successes of 2007.

I prefer to look forward rather than back, but it is always good to reflect a little bit and take pride in your successes.

I decided to do a little bit of looking back on my internet business revenue over the last two years. I checked my spreadsheets and compared each month of 2007 with the same month in 2008. I am pleased to say that I hadn't actually realised just how much my business has grown over the last year. My revenue for each month in 2007 exceeded the revenue of 2006 by an average of 50%. In some months I actually made 100% more than I did in the same month of 2006, but the average was 50%.

I also quit my day job in May of 2007 and on a personal note, got married in October of this year, so it has been quite a good year.

I am not a fan of new year's resolutions, but my main business goal of 2008 will be to increase my monthly revenue by at least 50% by mid 2008.

View of Edinburgh Castle from Calton Hill

I can now head out to my party in Edinburgh feeling good about the achievements of 2007 and looking forward to an even better year in 2008!


Internet Business Blog

Sunday, October 07, 2007

How I make Money Online

A few people have been asking me recently how I make my money online.

I think it is very important to diversify your income streams once you start making money online and try to make sure that you don't have all your eggs in the one basket.

For example:
- Try not to rely on a single business opportunity for all your income
- Try not to rely on a single website for all your income
- Try not to rely on a single source of traffic to your website

At the moment I generate my online income from a variety of different sources. These include:

Each of the individual programs listed about brings me between $50 - $800 commission every month. Success University is the biggest payer, followed by Leisure Audio books, Empowerism and Host4Profit.

To show that I am not making this up I have taken some photographs of a few of my recent checks and some screenshots of my income for some of the above programs. You can view these here:

The beauty of many of these programs is that they provide residual income. For example if I sell web hosting one month, I receive commissions every month for that one sale until the customer cancels their hosting account.

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Internet Business Blog

Monday, May 28, 2007

I am soon to be a Full Time Internet Marketer

Well, it's almost 3 years since I took my first steps in Internet Marketing and joined SFI and the Plug-In Profit Site.

I'm please to say that starting on Friday 1st June I will become a full time Internet Marketer!

It has taken me almost 3 years, but it has certainly been worth the effort. My first four months or so were pretty fruitless, as I learned the ropes, advertised somewhat unsuccessfully and gained experience through trial and error.

After about 4 months I began to see some light at the end of the tunnel and started to make a small profit.

Last year I took the plunge and cut down my working hours at my day job (I'm in the software development industry) and at the moment, it's lunchtime on a Monday at work and I'm counting the hours until the end of a week when I wave goodbye to the workplace, hopefully for good! I'm so excited :-)

At the moment I am receiving the majority of my income from the Plug-In Profit Site. This is the opportunity that helped me to learn about internet marketing. It is thanks to the top affiliate programs that make up the Plug-In Profit Site and the residual income of these programs I am able to make the transition to a full time work at home internet marketer.

In addition to this I also have a few sites in different niches. I have a travel site, a site on which I sell my own E-Book on Florence, a Yoga site, a wedding site and various small adsense sites. I plan to continue promoting these sites, add a few more to the collection and also spend some time doing website updates and SEO related consultancy for webmasters.

They say that 95% of people fail in affiliate marketing, but I encourage people who are seeing no results in the intial few months to stick with it. Keep trying different things and learn from all the great internet Marketing forums on the web. Perseverance certainly pays in this business!

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