I briefly mentioned in a previous post under my 2009 Goals that I wanted to try and make $60,000 for the year with all my online projects. Of course, that is a big step and it will take a lot of dedication and work (with hopefully minimal procrastination and laziness) but I need to step it up a little bit.
Why Choose $60,000/year Out of All the Numbers?
I’m sure you guys are wondering why I chose $60,000 for my set goal and honestly, there aren’t too many reasons behind it. My main goal is to make enough money in a year to keep myself living comfortably and I also wanted to set a price that is more than the average salary for a typical day job.
I’m sure some of you guys are aware that I do in fact have a day job which takes up some time but it’s mainly as a safety net incase I completely burn out with this online stuff. I mean, with the way the economy looks nowadays I almost have to have a safety net.
Plus, if I get laid off I get a crazy package deal that would essentially keep me set for the next 8-10 months with my full salary in that time span.
But not only that, I have a lot of student loans to pay back so I need all the money I can get. Also, I get killer benefits that I can’t even describe. And yes, health insurance and all that are expensive if you pay out of your own pockets. Unfortunately for me, I live in a state where it is required to have all that stuff.
Lastly, I figured $5,000/month is definitely a reasonable goal and a pretty easy number to round to. 
How Am I Going To Accomplish This Goal?
I’ve learned a lot within the past year especially testing out various things to see what works best for me. I’m going to take that knowledge and run with it. I’ve drastically increased my knowledge with keyword research and I’m just taking action and hopefully all of it pays off.
I’ll go into more details on the specific things I plan on doing to help reach this goal but honestly, I think I already discussed the various things that helps me make my steady online income to begin with here. It’s nothing new or special but the difference is the fact that I’m pulling myself away from that group that doesn’t take action.
Where Do I Stand Currently?
Honestly, I’m not 100 percent sure because I haven’t had a chance to tally up January’s income just yet because I’ve been busy and it was SuperBowl Sunday yesterday so I wasn’t around too much. But I can definitely tell you that I’m behind because I’m sure I didn’t make $5,000 for the month.
I’m not too worried about that, though. The reason is simply the fact that if you have been working online for a while, you should know that you have down months and you have those spectacular months.
$60,000/year Profit?
I haven’t decided yet but I’m leaning towards making my goal as a net profit. There’s no guarantee on that, of course, because that would require me to keep track of all my expenses.
Though, I’m going to try my best to make that my net profit because I hate when people make posts like “I Made $10,000 this Month!” but yet they spent $9,500 to make that total. So, in essence, they only made $500 for the month.
But that’s usually from PPC affiliate marketing and I’m not exactly sure if I’m going to lean in that direction. If I come across something I can’t turn down then I will do it so you never know.
Plus, the only expenses I currently have is paying for hosting, domains and the occasional fee for using some service. For instance, selling a product on Clickbank costs money, having your site listed to sell costs money, etc.
Lights, Camera and Take Action, Action, Action!
I’m like a lot of you guys, I don’t take action as much as I should because of my procrastination and laziness. Sometimes I just don’t feel motivated, I don’t have time or simply get caught up with something else.
But I can’t use that excuse anymore and neither should any of you guys. I’m sure you guys don’t want to be that person that dreams and wishes for things thinking it’s going to just fall into your lap.
If you are extremely lucky then it might but the chances are slim to none. I mean, I dream of winning the lottery but even that would require me to take action and buy a lottery ticket. You can’t accomplish your dreams and goals if you never take action!
Well, this is my official introduction to my $60,000/year goal and I will definitely keep you guys updated! Let’s hope I shatter this goal by this time next year!
Take action, take action, take action!
If you read a way to make money then try it. You’re not going to get anywhere if you don’t try anything. I think it’s good to set goals like you do. I’ve set myself a goal of earning enough to pay off all my student debts.
Stan
I found the major point is keyword research. Its really great. But we can learn this only from our own research not from any guru. Keyword research help to find hidden niches, specially with long tail keywords.
Bravo for the optimism and I really hope you reach your 60k Jay
It is a lot of money but if you take it steady you can reach it. You know what they say(what i say to myself at least lol) drop by drop and the cup is filled.
Cheers !
psbrawl.com
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Good luck with your goal and I hope you make it.
Well said, Jay. Every goal is pointless unless it’s followed through with an action. Making $170 a day shouldn’t be too much of an effort. All the best!
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A pretty brilliant manager I used to have at my old company once told me, “A goal without a plan, is a wish”.
I hope you have a pretty sound plan or else it is going to be difficult.
I wish the best of luck for you though in this goal and look forward to learning from your efforts.
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Hopefully you will reach this goal for the year. I am rooting for you because I myself is trying to reach a goal of making enough money where I don’t have to work a full time job
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“with hopefully minimal procrastination and laziness” i think this is what keeps me from making 60k a year
Jason
i hate the fact that i procrastinate as well too.
laziness plays a big part in it as well haha
but it seems like we both need to get up and stop slacking when there’s money to be made.
good luck with your goal and i cant wait to see the end results!
my goal for now is making that $5g’s/monthly
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@Ben – I just said that exact same thing to a friend the other day…I thought I made it up! LOL
@Jay – Good luck my friend, please keep us updated on the progress.
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Nice Goal! Good luck
Btw, I need to press “Take Action” for myself ten times so that I can reach my goals.
dude so inspiring, that
Lights, Camera and Take Action, Action, Action! was whoa! good stuff man, love reading this stuff.
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Your goal is not impossible. You need to get working on it. Nice goals there and very much achievable.
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I would love to hear what your plans consist of to make this kind of money (I use other plans and make a little more but it has been a long time goal and has taken quite a bit of work to figure out what works and what doesn’t.)
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60,000 sounds like a good number huh! I would love to achieve this goal as well.
Ben
Make Money Onlines last blog post..Top 10 Facebook Games Of The Year
Great goal. Very reasonable amount of money for online marketing. Although not very easy one to get.
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Good luck working towards your goals… It’s very bold but realistic.
Vinh Nguyens last blog post..Twitter Search, Google Trends, and Google Alerts for Marketing Research
That´s a realistic goal.My goal is to earn a full-time income from home before 2011.
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God bless you
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Good luck with this goal, I hope you reach it, even if you don’t make 5000 a month Im sure you can still do it if you make more one month than the other.
that is big,, I hope to get my self to those goals as well,, for now I am only trying hard to atleast start again in having some few income…
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So, did you make your goal for 2009?
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