My Monetary Goals
I’m a realist. I want to be realistic when it comes to setting up goals. Knowing myself, I need to have achievable short-term targets. Otherwise, I could be discouraged easily if I set myself too high and yet couldn’t achieve it right away. Realistic targets will help me build confidence and not lose faith. I’m here for the long run.
Internet marketing should be treated as a business. As such, I’m in the process of creating a schedule to make it part of my daily routine. As with any endevour, discipline is very important. I need to have a plan and I have to strictly follow it. Every newbie should realize that money doesn’t come right away. It takes work, hard and smart work. I see myself working longer hours on this specially in the beginning as I learn and build my portfolio of sites.
My short-term monetary targets
1. To reach a stable USD$7 a week or USD$1 a day ($28 a month).
2. To reach a stable USD$35 a week or USD$5 a day ($140 a month).
3. To reach a stable USD$140 a week or USD$20 a day ($560 a month).
4. To reach a stable USD$420 a week or USD$60 a day ($1680 a month).
This amount is enough to cover my monthly living expense
My short-term targets are going to be the focus of my daily effort. Right now, that is to earn USD$1 a day. Once I’ve achieve that, I would then focus on number 2, to reach $5 a day and so on and so forth. A good milestone would be if I reach number 4, as that amount would be able to cover my monthly living expense.
My Long-Term Financial Goal
1. To reach a stable $700 a week or $100 a day (2800 a month).
2. To maintain this earning and to earn and save more of it.
3. To earn $1M a year, from internet marketing and other non-internet marketing investment.
The long-term goal is there as a guide. It sets the direction for all my effort. It helps to have a long-term goal as I can see days when I will question all the efforts I’m putting in IM, specially if money is not coming in as expected. Having a long term goal is key so I can visualize the paths I need to take to reach my goal. Also, using war as an analogy, I see a series of battles before I can win it. Some of the battles I will definitely lose. But with a long-term view of things and with the goal firmly intact. I can never be discouraged if I lose some battles. Every winner have failed at some point before they win their war. The key to success is commitment to the long term goal.
Now I’m dying to hit that first target. USD$1 a day, here I come!
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