Turning Zeros Into Dollars Takes A While, Even For The Pros
Last Update: Jul 31, 2018
It's no secret that making money takes time and patience. Many times, it's not clear how much time and patience will be needed to see a project through to the "end" (i.e. when you are happy with the amount of money you made).
For example, I started a website back in June 2015. It was a side project, but only becaues I didn't have time to write the content myself. 80% of the content was outsourced from the beginning, while I focused on other, more important websites.
Well, I kept sinking money into content, graphics, and unique photos for the blog. Hiring photographers can get expensive! Paying for reviews with unique info (not just copied from other blogs) can be time consuming as well.
For two years, I was putting money into the website without really making any money back. I knew I could figure it out, but wasn't sure how long, and to what degree this website would be profitable.
Near the end of July I got caught up on my revenue/expense spreadsheet and realized that the website made a lot more than I thought as of this year.
If the print is too small, the most recent month, July 2018 earned $4298. Almost $5,000 USD!
I'm still way in the hole on the site, since I dumped over $20 grand over the past three years. However, now I have a website that can earn about $60 grand per year, and I can continue to grow to six figures and beyond.
My investment of the money will continue to pay out dividends for years to come.
As you are building your first website, you're probably doing everything yourself, so you won't have this big of a bill to cover. Your only expenses will be the time you spend on your site, and your WA membership fees.
How long will it take you to earn $5,000 per month? 1 year? 3 years?
I've always loved the idea of earning consistent, monthly money, rather than one big payoff. I like the idea of knowing next month I'll have X amount of dollars coming in from various sources. I like building those systems, and having them pay out dividends in future years.
So for me, this project was worth it. Although I questioned myself many times over past 3 years, I'm glad I stuck with it. This project will get even more exciting as I take it to the next level.
I hope this serves as some motivation to stick with your own sites, and what potential earnings you could have. Even if you're stuck at $0.00 per month right now, in 1, 2, or 3 years what will you be able to transform your business into? The power is in your hands!
Are you stick at $0 in earnings right now? How long will you be able to continue to produce awesome content for your website even if it isn't earning the money you expect right now?
See more comments