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Money Goals for 2005

by Paul on December 16th, 2004

Well considering in 2003 I had no idea that I would be making a living off of my websites I can’t say that I had any goals for 2004 so that makes it easier to setup some for 2005. Here are my financial goals for the upcoming year:

  • Move into the $80k-$100k income bracket
  • Less reliant on Amazon revenue
  • Which means diversifying my revenue streams
  • Actually that $80k-$100k number was a lie. I wish to make $400 per day.
  • Help more people do what I do because there are people out there who deserve to relax more than myself
  • Turn Business Logs into a 6 figure company
  • Get more involved in affiliate marketing

You got any?

POSTED IN: Personal Thoughts

16 opinions for Money Goals for 2005

  • Bryan
    Dec 16, 2004 at 12:11 pm

    To make more then $100 from google within a year :)

    I have some website ventures I am looking into but I am not sure if I will end up going through with them or not.

  • JC
    Dec 16, 2004 at 2:26 pm

    “Help more people do what I do”
    Where do I sign up? heh.

  • Scrivs
    Dec 16, 2004 at 2:28 pm

    Making more than $100 from Google is really not that hard. Hell some writers for Forever Geek do that in a month. I think JC might be inching up towards that realm as well.

  • JC
    Dec 16, 2004 at 2:41 pm

    Not quite. I think Derek’s there now, but I’m at about $1.50 or so a day. Gotta write more interesting articles I guess. :-)

  • Scrivs
    Dec 16, 2004 at 4:16 pm

    Yes, yes, that is always the key. Actually the key is to write stuff that people will search for. You get clickthroughs from people doing searches on the topic, not by ones who regularly read the site.

  • Darren Rowse
    Dec 16, 2004 at 5:26 pm

    Sounds like we’re on a similar wavelength Scrivs. 2003 for me was about getting a good page rank for my domain - I didn’t even consider making a few dollars from my blogging - this year was about adding a couple of good income streams.

    I would never have imagined that I’d be able to make a living from what I do - let alone a good living.

    Next year will be an interesting year. I too want to diversify my income streams - so far its mainly Adsense with a bit of Amazon and a few affiliate programs thrown in. I am also planning on a few new sites to add to the stable we’ve already started.

    Monetary goals are probably to move further into the 6 figures realm - I find it hard to estimate what it will be like as every month sees continued earnings growth - I wonder how long I can sustain it….. I guess we’ll soon see.

    Lastly I too am interested in helping others to do what I do and am investigating a few ways to move in that direction….

    Should be a fun year.

  • Brady White
    Dec 17, 2004 at 12:57 am

    Goals for 2005? I wish I could stick around in the blog world and continue checking my adsense for those spectacular $2 days but I’m going to be out doing something more important, serving an LDS mission for two years.

    Scrivs, love your blogs, love your style. Would definately love some tips on the to dos and not to dos of blogging with articles. My main traffic is from tutorial links and about 30 a month from google. Would definately love to be ranked higher like the rest of em.

    Anyways, nice goals, wouldn’t mind makin $100k a year from blogging. Hard work, but fun hard work.

  • James
    Dec 17, 2004 at 9:03 pm

    “I wish to make $400 per day.”
    With hard work, I hope that can be more than a wish for you.

    My goals: make at least $400 per MONTH ;)
    Also, I just want to be able to be taken seriously. Have a name.

  • Jenni
    Dec 18, 2004 at 5:21 pm

    I’ve been inspired to design better, or draw better… but you’ve got to be the first person to inspire me to make more money! :P

  • Anthony Dever
    Dec 20, 2004 at 7:12 am

    Financially, my goals are to increase revenue by 10 times on our content web sites and by 5 times for our internet services businesses. To acheive that we’ll still have business plans but I’ll move to have more “action plans” that focus on the finer details of projects to meet short and long term goals. There is something hypnotic about watching the revenue tick over via AdSense or affiliate networks that make me sometimes too focused on just the short term gains.

  • Rick Blythe
    Dec 30, 2004 at 9:29 pm

    I’m with you!
    There’s a lot of money out there - plenty for all of us.

    I plan on making 10K next year on my sites.

  • Randy Ray
    Jan 1, 2005 at 11:45 pm

    I’ve been thinking a lot about my 2005 goals too. I’d originally set a goal of making $1 million from affiliate revenue, but I’ve decided to scale that goal back a little bit.

    My revenue goal for 2005 is to make $250,000 from affiliate marketing. Good luck to everyone here with their goals too!

  • George
    Jan 2, 2005 at 2:50 pm

    I’m gonna be working on making more money as well. I had a site that makes about $350 per month but I sold it because I needed cash for bills. So now I’m starting over. Hopefully I can get back to that point within a few months with my latest venture and earn the rest via my blog.

  • Jonathan
    Jan 14, 2005 at 4:51 pm

    Wow, my goal is to learn more from you guys. Seriously!

  • Thomas
    Feb 6, 2005 at 12:51 pm

    I agree with Jonathan, I think that I could use some pointers or direction in making money by blogging as 75% of my day is in front of a computer, I might as well learn to make money doing what I love to do. My financial goal for 2005 will be to make my first $1000 off of a blog site that is in the works.

  • Mike
    Feb 26, 2005 at 7:46 am

    Just found this site and seems everyone here has similar goals. I also believe in sharing information as much as possible. Good luck to everyone with their goals for the year.

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