My Business Achieved 1,600% Growth in 2013...Is That Possible?
Happy 2014 WA community!
I'm writing this a bit late as January is nearly half over, but I wanted to update everyone on my progress over the past year.
I want to start off by saying that 2013 was not a good year for me. I've been dealing with a health issue for the past several months that has been causing all kinds of problems, including making it difficult for me to work as hard as I know I should be at my online business. However, I've been pushing through and just trying to focus on things one day at a time. It sucks what life can throw at you, but sometimes you just have to learn to deal.
But, however horrible 2013 was, it was also a year of accomplishments.
I joined WA in late January, stepped outside my comfort zone and started my own online business. I have learned SO much (and of course still continue to learn each and every day!) from the training and community here. I cannot thank everyone enough, including Kyle and Carson. They must be superhero geniuses.
From the moment I made my first sale, I knew this was serious business and I never gave up. I may have taken the occasional hiatus, but the part that matters is I always came back to my business.
I did not give up.
Here's my quarterly earnings chart from last year
Note that I've crossed out all numbers here. I am not trying to brag or show off how much I am making, I am merely trying to show the amount of GROWTH I have been experiencing, and that it's 100% achievable for anybody.
People sometimes can get caught up on the actual numbers, but the part that matters is I'm experiencing consistent and exceptional growth.
Realize that Internet Marketing earnings can be a roller coaster, but hang in there and let it average out!
Some months are amazing for earnings and others will suck. This depends a lot on your niche and the shopping habits of your customers.
When charting actual monthly earnings you'll notice the dips -
If you experience a sudden drop in earnings from one month to the next, you're not necessarily doing anything wrong. Many times this is just the nature of retail sales, so don't let it deter you from working hard! Just keep plugging along and let everything work itself out - it will average out!
I calculated that from the first quarter to the last of 2013, my business grew by OVER 1,600% percent!
This is the formula I used:
(Current Earnings - Previous Earnings) / Previous Earnings
x 100 = % Growth
I used my quarterly earnings for this - (quarter 4 - quarter 1)/quarter 4, but you can use this formula to calculate growth from quarter to quarter and from year to year too.
Quarterly Growth - 2013
Quarter 1 - Quarter 2 = 99.9% growth
Quarter 2 - Quarter 3 = 43% growth
Quarter 3 - Quarter 4 = 62% growth
Overall from Quarter 1 - Quarter 4 = 1,647% growth
Now, I realize this number is seriously inflated considering this is my first year in business and I have nothing to previously compare it to. I will have to compare my quarterly earnings from last year to this year once I reach that point, just to see how I am truly growing.
However, I am simply demonstrating the growth potential of building your own business on the internet. You can build something out of basically nothing and earn like crazy from it. It may sound absurd, but it really works!
Did it take a long time to achieve this? Heck yeah, but I definitely do NOT regret it.
I would like to continue growing like crazy throughout 2014. My goal is to have a growth of 300% for the year. :)