Are you Comfortable with your Online Income?
Internet Entrepreneurs, Self-employed August 23rd, 2007The majority of people who start their own business have a couple of things in mind. First off, they want to branch out on their own so they can quit working long hours for somebody else’s good. And of course, they are interested in making money. With that being said, there is one very important question to answer: are you comfortable with your online income?
As a freelance writer, my income fluctuates each month. But as you can imagine, this is something that every self-employed individual has to deal with. I do not mind a fluctuating income, and in most cases, it helps me to work harder in the future. But all in all, I am positive that I will never become comfortable with the money that I make online.
After my post earlier this month about making $5,000 in July through freelance writing, I received many emails asking me how I did this, if anybody can get started, and if I am happy with this income. While I knew the answers to the first two questions, I stumbled on whether or not this income makes me happy. If you are asking if it pays the bills, the answer is yes. But I know that there is much more money to be had.
I think that internet entrepreneurs are a special breed. Even if you are making tens of thousands of dollars each month, it is safe to say that you will want to increase this income in the near future. There is something about making money online that pushes people to want more and more. Some see this as selfish, but I see it as a great way to motivate. After all, money is the biggest motivator in the world!
Overall, I don’t believe that anybody should ever get comfortable with the money that they are making online. If you do, you will stop working towards reaching future goals. And when this happens, not only do you lose the chance to make more money, but you may also find out that you are earning less. If you are always pushing forward, there is no reason that you should be looking back!
August 23rd, 2007 at 1:00 pm
I understand what you are saying. Making money consciously is the key…
August 24th, 2007 at 12:31 am
Hmm … the $34.90 I earned online in July seems rather comical in comparison to your earnings
You make a great point that we should never get too comfortable with the money earned online. I don’t believe people who are constantly pushing to earn more money are greedy, per se. Instead I see them as pioneers who wish to constantly push the envelope in an effort to earn income from the most versatile platform of the 21st century.
August 24th, 2007 at 9:25 am
I find that people focus on making the buck rather than actually creating good content, if you build it they will come. I try to channel my activities in to 80% in researching articles for my blogs and 20% reading other blogs and comments.
August 24th, 2007 at 1:30 pm
Thanks guys! If you get comfortable with your income you may begin to level off. And standing still is never a good thing.
PreBlogging - I like the way that you broke your activities down into percentages. It is this type of planning that can really help…
August 24th, 2007 at 2:40 pm
[...] how much money he seems to rake in, he’s never quite satisfied. He poses the question, “Are you comfortable with your online income?” Some people may say that they just want to make “enough” to be able to quit [...]