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Rubberband's journal to $100k by 7/31/10

Discussion in 'Making Money' started by rubberband, Nov 15, 2009.

  1. rubberband

    rubberband Registered Member

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    After being inspired by Zen's journal and by the book 'Think and Grow Rich', I decided that I would make my list of goals and actions public. I'm going to keep the journal action oriented and update it on a regular basis. I do have a little experience in both computer science and graphic design, which should both come in handy in meeting my goals.


    Goal
    My definite goal is $100,000 by July 31st, 2010. I picked that date because it's my 22nd birthday. I also have a second goal of reaching $1,000 by the end of the month (16 days left), which should give me a good start.

    What I've done
    I first got here towards the end of last month and decided to try out ewhoring. I ended up making $40 on my first day, but didn't like doing it at all. It just wasn't for me, so I decided that I would move on to something else that I actually like doing.

    What I'm doing
    Yesterday I built a page that uses a content gateway to block some of the content. I'm not going to go in to much detail about it, but it's whitehat for the most part. I've started promoting the site using some social networks and have made a grand total of $36 in what has been less than 24 hours.

    Unfortunately, I spent $37 dollars of a $100 facebook advertising coupon to get that $36. However, after doing some reading, I probably should have promoted a group instead of page. I'll use the rest of the advertising coupon on a group tonight and see if that helps at all. Hopefully the group will go viral.

    The good news is that a lot of the traffic was free from other social networks, which I'm still receiving traffic from. After checking my visitor stats and my earnings, I'm making $0.06 from each visitor. I guess that's not too bad, but it does kind of weed out using an Adword's PPC campaign on the site, which I was banking on since the site isn't really something I can get SE traffic from.

    Future Actions
    I do have some more plans in mind, like a few more gateway sites and maybe pushing my own Clickbank products, but I'll list those in the journal as I get to them. The most important part though is that I'm willing to and am taking action in getting my goals done.


    So, yeah. I'm going to push the site some more tonight with Facebook and with other social networks. I'll update the journal and let you know how that goes.
     
  2. rubberband

    rubberband Registered Member

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    Oh, and just for the record, here are the current stats:

    Stats
    Earned: $36
    Spent: $0
    Total: $36

    (already had the domain, hosting, and facebook coupon, so not counting them as an expense yet.)
     
  3. otherwhrl

    otherwhrl BANNED BANNED

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    Go for it dude!:D

    I'll check in from time 2 time
     
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  4. Reelnetwork

    Reelnetwork Regular Member

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    Best of Luck!
     
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  5. jrslyrics

    jrslyrics Newbie

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    I guess I should do a write up sometime. Good to see that you've seemed to get the first 2 most important rules of IM. 1. Get Organized! 2. Have a Goal!
     
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  6. AutoBlogger

    AutoBlogger Power Member

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    Very Interesting Journal. I will look for updates.
    Wish you all the best.....
     
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  7. yuucchi

    yuucchi Registered Member

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    go for it, and don't abandon :D fighting[​IMG]
     
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  8. jmason616

    jmason616 Regular Member

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    I wish you the best of luck! I really do hope you make your goal :) Don't give up and you can do it.
     
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  9. tenko

    tenko Newbie

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    Good luck to your goal! probably u will need to setup more streams of income fast in order reach your goal. But anyways, I have confidence you can do it :)
     
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  10. rubberband

    rubberband Registered Member

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    Thanks everyone for the encouragement.

    Yea, I've been looking for some more streams tonight that would get me some quick cash and haven't been able to find too much. The CPA network I'm using won't be paying me until the end of next month, so I have to find something in between then to get some more start up capital.
     
  11. Seariz

    Seariz Junior Member

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    Seems interesting, can't wait to see if ya make it.
     
  12. Weberster

    Weberster BANNED BANNED

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    Think and grow rich is among my favorite books. It has so many insights and it really gets your head straight when it comes to making and maintaining wealth. Good luck on your journey :)
     
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  13. Atiqah

    Atiqah Newbie

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    Way to go Rubberband! I always like this type of challenge...
    going to subscribe this thread ;)
     
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  14. Raevinn

    Raevinn Regular Member

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    Wow, $100 000 is quite a massive amount of money. I guess if you found something that works, automated it and just scale it up it can be done.
     
  15. Silencer

    Silencer Senior Member

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    Go for it bud.

    Doesn't sound impossible, your goal, but you must work rather hard. The first few weeks are the hardest.

    Good Luck and best wishes :)
     
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  16. rubberband

    rubberband Registered Member

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    Ok, last night wasn't very productive in a working sense. The only thing I did was use the rest of my Facebook coupon and read up on some other methods that I'm going to try tonight. Stats after last night:

    Stats
    Earned last night: $46.40
    Spent: $0.00
    Total to date: $82.40

    I might get a few more bucks from that site, but I have a feeling it's pretty much dead. Not seeing enough return from it to keep pushing it anymore than I am. I'm going to try out some entirely new methods tonight and see what I can do with those. Wish me luck.
     
  17. g111k

    g111k Regular Member

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    I don't think you're using your methods to their full potential... you're giving up way too early before you can even see the real income potential of your campaign. Stick with something for AT LEAST a week... and that means WORKING on it every day for a couple of hours... not watching your fb coupon run out :p

    Experiment! Trial and error is key... upload youtube vids... post on some forums... make a linkwheel... get creative, don't just say it doesn't work when you didn't give it a chance to work... if you were able to drive traffic from fb to make $80... that means it's profitable, you just have to find other ways to drive traffic.

    I think this is a very big lesson to learn in the beginning stages of IM, dedication, persistence, and patience is key in this field.
     
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  18. Seariz

    Seariz Junior Member

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    Amen brother...

    Test..test..test...and test some more. When you think you've tried everything and nothing is working as well as it should, start over at the beginning with all the new information you've learned while testing! You'd be surprised how far that alone will take you.
     
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  19. rubberband

    rubberband Registered Member

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    Thank you for the advice. However, the problem I'm having is that I don't know of anyway to scale it anymore than it already is, other than ppc (in which I would lose money on) and also due to the fact that it has no potential for residual income. The campaign had a very weird method, and it's not something I could just throw a YT video up for.

    Of course, it's my fault for not thinking through that at the beginning, but at some point I have to look at my returns for the effort. Why would I struggle to push that method when I could easily scale another and make a greater profit in a less amount of time.

    I'll continue pushing it for a few more days just to squeeze out the few dollars left in it, but it has to undergo some major tweaking after that.
     
  20. clopper

    clopper Regular Member

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    Keep going, get more coupons, advertise in more places! If it worked for at least 40 a day then you should keep doing it since you can do other things in the meantime and you at least have maybe 1200 a month coming in.
     
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