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My Journey to $10,000 a month to buy the BMW X1

Discussion in 'My Journey Discussions' started by hardcorebiker, Sep 27, 2012.

  1. hardcorebiker

    hardcorebiker Jr. VIP Jr. VIP

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    Well, I love this car, the way it looks and the BMW tag and I have aimed to get this car. Not sure how much time it will take but definately I will do it

    About Me:

    I have been doing IM for last 3 years and so I am pretty much experienced in SEO and other IM stuff and have been earning pretty good but I cant use that money to buy a car because most of my earnings goes in running the family and savings(I am just 21 BTW).

    But now I have thought to start with a different project to buy a Car for my family(I have a shitty car as of now which costs $5k here ..lol and its not what i dream of :p)

    How will I earn and whats my strategy:

    1) Authority Sites:

    I will be investing in making around 2 to authority sites a month with 100 page content approximately. All the keywords will target low competition so I will doing SEO on each page.
    I will monetize them with adsense, CB, CJ, Paid texts and links etc etc
    All the content will be outsourced. SEO with be done by me(All automated but ofcourse will stay under radar)

    2) Youtube:

    I will be trying that out as I have heard that it works pretty well. Will be doing SEO myself and videos I might outsource or maybe rip them

    After I start making 10k a month I will surely buy a good car for my family. I aim of the BMW X1 which costs around $50k here or the minimum a sedan worth $20k but definately I will do it.

    Cant tell you how much time it will take but I will work on it on daily basis and report you about the updates about my daily earnings..

    Lets start with $0 earnings. I am making around $2k a month but I wont count that as its purely freelancing and I invest that mostly and dont spend on luxury. I will definately buy luxury once I make extra $10k a month

    So I hope I do it so wish me luck and here is the Pic of the car :)
     

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    Last edited: Sep 27, 2012
  2. DestinyCoderâ„¢

    DestinyCoderâ„¢ Newbie

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    Well wish u luck man! go on. The car looks sleek. :)
     
  3. gossapril

    gossapril Junior Member

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    Where're u from mate? You'll success in a near day.
     
  4. VinBed

    VinBed Regular Member

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    If you truly want to be rich, buying financial liabilities when you are just barely beginning to make money will only keep you down.

    Just a friendly word of advice, that is all.
     
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  5. Scripteen

    Scripteen Elite Member

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    The new 320i F30 is way more powerful if you ask me. Good luck in your marathon to the BMW.
     
  6. EMJAYDC

    EMJAYDC Newbie

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    car looks good. good luck !
     
  7. Tsmash

    Tsmash Regular Member

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    Yeah, let me go ahead and tell you to be careful about spending that much money on a car. This has been a rough month for me, but most months I bring in $12k-$15k and you really need to make sure and figure taxes into your equation. You are going to owe the government about 28% of your check for income taxes and another 14% or so for self employment tax. That comes out to 42% so unfortunately your $120k a year is going to be more like $70k. So you probably won't want to go out and blow $50k cash on a car! I would suggest a lease or financing the car for sure.

    I'm really not trying to rain on your parade! However, if you are in US (I don't know how taxes are in other countries) I would highly suggest NOT paying that much cash for a car at one time as it won't leave you much left to live on!
     
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  8. Duffers5000

    Duffers5000 Elite Member

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    Hope you make your $10000 a month. Please don't waste it on that ugly pretend off roader.
     
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  9. rockong

    rockong Power Member

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    You got it man...it's good to have visual aides as to what you want..don't forget to create a chart to map your progress all the way to the sales price of the beemer :)
     
  10. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    This is good advice.

    @ OP - read "Rich Dad, Poor Dad" and "The Richest Man in Babylon"
     
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  11. BreakAllTheClocks

    BreakAllTheClocks Regular Member

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    Please read Rich Dad Poor Dad first. Invest your earning in assets, not liabilities.
     
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  12. RedSpade

    RedSpade Newbie

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    Wishes you best of luck bro.
     
  13. siihihi

    siihihi Regular Member

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    Good luck mate ;)
     
  14. hardcorebiker

    hardcorebiker Jr. VIP Jr. VIP

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    From India. Cars are costly here :)

    Yes I understand but my 1st aim is to make $10k a month consistently and the Car is just to keep my motivation high :)

    Well, I stay in India and I didnt do that much of calculation as I have to take action. I can calculate the tax part after I start making $10k a month. As of now the main aim is around $350 a day consistently(Making 100 a day as of now but as I said I am not including that in this journey)
     
  15. xgf666

    xgf666 Junior Member

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    lol with 10K/mounth just take a X1 for your gardener :cool: and buy a X6 for you (you deserve it)
     
  16. Name.

    Name. Newbie

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    Good luck, I'm following this thread :). But I agree, don't waste it on this car, but another 'better' off-roader
     
  17. macdonjo3

    macdonjo3 Jr. VIP Jr. VIP Premium Member

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    Soccer mom!

    Sorry couldn't help it ;)

    Anyways, good luck with your journey!
     
  18. hardcorebiker

    hardcorebiker Jr. VIP Jr. VIP

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    Occupation:
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    UPDATE :

    My 1st Authority site:

    I had started this site 3 to 4 months back and its in a competitive niche. I am currently ranking good in top 10 and my other competitors are WebMD, Mayoclinic etc. I am at 7th right now and getting 200 visits a day roughly(The traffic was 80 a day and it went up to 180+ 2 days back

    And today I made my 1st sale coincidentally on clickbank after 34 hops(Which were a result of 2 months of hardwork) :) Screenshot attached

    Todays earning:

    Authority Site No 1:
    Adsense : $0.45
    Clickbank: $23.51

    Authority Site No 2:
    I am still working on setting up the Authority site no 2 which is in different niche. Articles are being outsourced and I will be publishing some of them today and will start my SEO campaign on each articles..

    Youtube:
    Not yet started. Still procrastinating. Will be starting in a day or two
     

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  19. casinobonus24

    casinobonus24 Newbie

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    A month to set up an authority site is quite illusional. If you want to have immediate success, consider paid traffic an option.

    Personally I'd try to earn 10k / month going with paid traffic and then reinvest it (scale existing campaigns with new traffic sources for example). After 2-3 months you'll be at easily 10k+ a month while learning every day you do new campaigns.

    Reinvest first, get the fruits of your work after. Better route to take in my opinion.
     
  20. hardcorebiker

    hardcorebiker Jr. VIP Jr. VIP

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    "If you want to have immediate success"

    I dont want immediate success and and I dont have the funds to try Paid traffic, so I will stick with SEO. I am sure if $1 can be made $10,000 isnt that far. You just need to believe in yourself :)

    And I have a budget of $200 a month to invest in content. Not more than that