Receiving your very first $100 Adsense check is a great feeling. I remember when I got that first check in the mail nearly three years ago while I was still back in college. It’s pretty cool to tell your friends that you made $100 off of a little forum you made in your spare time. But what’s even more satisfying is telling your friends you work when you want to and make a living off of money earned online. I want to outline the steps I’m taking towards achieving that success.
Living the Dream:
The primary focus of any part time webmaster should be to eventually earn enough money online to one day quit their job and work from home full time. I’m sure that you would agree that breaking free from a life tied to long traffic filled commutes, office politics and an annual 5% raise is the ultimate goal. Now if you’re already living the dream this post isn’t directed towards you. This post is directed towards the rest of us – the part time webmasters.
The Common Scenario:
I have a full time job and work forty hours a week like the bulk of you reading this post. The money I earn off of my websites is just extra cash that I don’t really need because I could always fall back on my full time job if the money stopped coming in. Because of this fact I believe it’s much easier for those of us that have full time jobs and run websites on the side to fall into the mindset that we can just spend the money earned from websites like it is disposable income.
Consistently making several hundred dollars a month online? Buy a new car. Had a record month with website earnings? Buy a new HDTV. Snagged your first $100 check from Adsense? Go out to dinner at a nice restaurant.
These all sound like fun things to do; however, I urge you to resist those temptations. Now I’m not telling you to avoid spending your website earnings, in fact that’s quite the opposite. I believe you should spend every last cent of the money you earn online but only on items that will further your business.
The Goal of a Part Time Webmaster:
In the course of the past three years I have spent thousands of dollars on scripts, licenses, designers, coders, redesigns, advertisements, domain names, computers and anything else related to running a business online that you can think of. I think we can all agree that the ultimate goal is the live the dream and earn a full time income online. Well, in order to get there as quickly as possible I have been reinvesting all of the money I earn off of my websites towards further building my web business. I believe if you truly want to earn a full time living off of website income it not only takes great website ideas, time and dedication, but the will power to reinvest the money you earn online.
That’s been my strategy. What’s yours?
This post was guest blogged by me – Chris Guthrie. I run a blog focused on providing practical ideas for success online.