Exactly 3 years ago this blog was started to explore the possibility of earning an income online. A few blogs was started and the exercise went into motion for more than half a year. At the peak of the exercise, the income generated was close to $400. Not enough to feed a family and definitely peanut compared to these guys.
Then other business beckoned and attention was distracted. The business didn’t went well but it happens that a startup found me and I joined them. The sites never led me to financial indepencence as hoped. Nevertheless they were just left running together with the ads. It was not too bad for pocket money. The income fluctuates a lot, some months it was below $50 and others close to $200.
Occasionally as time permits, I did a bit of updating here and there, upgraded the WordPress software that runs this site and my theme. The feeling was nice to have extra revenue stream coming in without doing much. It doesn’t cost much to maintain a site either. A $5 a month hosting, paid 2 years in advance, and domain registration of $7/year kept it going and going…
Now here I am, without a job since the startup crashed with the global financial crisis, looking at 2009 before me. Once again I’m back here in a full circle to get the online revenue stream flowing.
That was the update. Let’s get on with the year and business.
Found some time and energy to
Time flies, already 2 weeks of 2007 came and went. Is 59Ideas dead?
Not at all! I’m tempted to blame the recent Taiwan earthquake that caused connection outside of Asia (and China in particular) to slow to a crawl for the laziness to post.
As the first post of 2007, it is a must to reflect on what I had done last year and plan for this year.
Last year started with high excitment as I set a target to achieve $1000 of revenue purely from online activities. This was how 59Ideas and many of my sites came about. The journey was traced in Seeking Revenue. Things started fine but as half year went by, the target still look elusive.
Again, I’m tempted to use the excuse that I was also running my business offline. But the what did me in was an underestimation of the time commitment and over-stretched myself. In the end, I burned out before the end of the year and things grinded to a halt.
All was not lost though. Last year’s exercise gave me plenty of insight into how to create revenue online and where the time and effort went.
Right now, my monthly income average $200-300.
My plan this year is to reduce time spent online maintaining all my sites but yet increase revenue 100%.
Just approved a few comments with some dating a month ago. Since using an offline blogging tool, I hardly sign into WordPress admin and didn’t notice the comment waiting.
Happened that I bought a new notebook (acutally was a used, traded in my HP) and have not installed BlogDesk. So I went in and found the comment wait.
Wonder why I did not get any email notification…
I did not mention it but AdAdvantage, my K2 3 column scheme (the one that you are looking at right now), had been updated a while back and is sitting on the scheme page.
Thanks to all those kind soul that send me message to ask, yes I’m still updating it. I’m using it on a number of my blogs and my plan is to sync up with the K2 development as much as I can.
During the last sync I noticed that K2 is doing some integration with the sidebar widgets themselves and interfere with the Automattic’s Widgets. K2′s version is also not complete and cannot support 2 sidebars (as of my last sync).
I’m planning an integration as soon as I find some time and when K2′s version become stable. Thanks for all your feedback and comments.