Business Day 25: November Earnings - Progress Report

December 2, 2008 by CLDwealth
Filed under: My Business

Welcome to my short earnings and progress report.

November was a month of discovery for me. I spent the majority of the month researching, and preparing for my new niche business. Whereas I am relatively happy with the results, I am disappointed that I failed to hit the majority of the goals I set myself.

Firstly, here is my monthly profit & loss account!

I earned $180.25 in total.

My business expenses were: $135.01. This includes membership sites, hosting, and any products I paid for. As mentioned, I incurred a one off payment of $5 for a social bookmarking service, and $17 for the logo at FlyingFear.net.

This results in a profit of $45.24

It’s low - but much better than a loss. I’m not leaving the day job just yet though!

So, time to set some goals for December. I don’t really want to set financial goals, as I know that all I need to do is build my business to increase the financial side of things. Profit is purely a by-product of success.

I aim to write;

30 articles for FlyingFear.net
10 articles for SelfImprovementBasics.com
10 articles for Recommended-Sites.co.uk

I aim to be generating 20 visitors per day to FlyingFear.net

I need to purchase a generic domain name to enable more blogs to be started in new niches.

I need to start a Christmas blog. Seasonal, but potentially profitable.

I aim to get at least 5 members to ProNitroBlogger.com

I aim to sell $100 worth of products.