I managed to achieve another goal of mine this week which was a boost!
At the start of January I stated a list of 7 goals I wanted to achieve in 2008, so far No.2 on the list has been achieved – to get involved in an offline venture, a rocky start with the vehicle breaking down but a few jobs under the belt there and one landscaping job just signed up for this month that comes in at £4900 of which over 50% is naturally profit.
A goal achieved
This week I can chalk off No.7 – goal number 7 was working for one client on one keyword, my personal goal was to get them top 10 and then top 5, we reached top 10 in February and this week we reached top 5 which was quicker than expected. The good news is that this is an ongoing arrangement so the £800 ($1600) per month is to be added to my stable income for the foreseeable future.
A goal added
I really should have added an 8th target on my list – well I’d like to add one more, to be free from Adsense and organic listings, don’t get me wrong I love getting money from Adsense but it’s pretty infuriating that you can do the same thing each month, even have the same traffic and end up with totally difference results.
I wish that when you got to say $5k per month that Google would give you a contract guaranteeing that as a minimum for 6 months or 12 months, the up and down nature of the earnings means you are never really sure what the next month will bring. On top of that to be reliant on making money from my organic listings is hugely beneficial financially but it’s a risk that I don’t have full control over. I cannot guarantee with absolute certainty that I will maintain my organic traffic.
So, I’d like not to be reliant on this money and more than that not reliant on any one website, I won’t be going out of my way to remove any Adsense, I would always like to do something like $5000-$10,000 a month but I would like that not to be money the house needs. I asked the wife to total up all our monthly bills to see what the damage was and what we needed to survive on as a minimum wage. This includes mortgage, tv licence, Sky, Phone, Council Tax, Car Insurance, Home Insurance and food ect. The total comes to £1900 per month. So I want to make sure that I have a fixed income of over £1900 per month which isn’t too bad.
At present my fixed income consists of:
SEO work for a client £800 p.m.
Leased out domain (that was highly ranked) £500 p.m.
So during the course of the rest of the year I want to add £600 to my fixed monthly income and then I shall be Adsense free and not reliant on any organic rankings. My organic rankings and Adense will dwarf any fixed income but it’s probably prudent to make sure that if the shit was to hit the fan for any reason my bills are covered, after all I’d hate to have to get a real job!