One thing I always worry about when I hear that someone wants to start their own online endeavor is how concerned they are about achieving their financial goals. Some people just want to make a couple of extra bucks to supplement their regular income, and others dream of the fancy cars and mansions that you see in every infomercial and most spam emails.
Many people have that goal of making 6 figures a year from their online business. Now, it may not seem like a lot to you, but for many people, making 6 figures a year is more than enough for a comfortable living. I’m not talking about driving around in a Ferrari or owning a 10,000 square foot house, no way.
I’m talking about living comfortably with your bills paid off, except for maybe your mortgage. Now, that’s not to say that you can’t make enough online to drive around in a Ferrari, but most people won’t. And too many get discouraged when they realize that they will never see that lofty goal.
But 6 figures? Now that’s a goal that is very, very achievable.
Let’s break it down, shall we?
- 6 figures a year means, at a minimum, $100,000 a year. I’m going to avoid discussing whether that figure is gross or net right now, just to keep the peace. For now, let’s just assume that $100,000 a year is your gross income. Once you see the numbers, you can see how to make that your net income.
- $100,000 a year is roughly $8,333 in monthly income. Still sound too high? Wait a sec…
- $8,333 a month is roughly $277 a day. $277 a day.
OK, so now let’s get more realistic. In order for you to make $100,000 a year in your business, you just need to make $277 a day. That’s 6 copies of a $47 ebook, training course, video series or some other product that you create or someone creates for you.
That’s about 9 $33 CPA leads that you generate through a website, email campaign, survey site, or some other means.
Or, there may be some other way that you can make that money online. Maybe you design websites. Maybe you can write articles. Maybe you can produce audio for someone else. Maybe you have ad space on your blog/website that can bring in that income. Or maybe it’s a combination of several different income streams that gets you to that $277 a day point.
Regardless of how you get there, know this. The goal is within sight. It’s not some pie in the sky dream that is only achieved by people that you think are smarter than you. Number 1, you can achieve it; Number 2, they’re not smarter than you. No way.
So, how are you going to start making your $277 a day? Or maybe you just want to start with $100 a day?
How would you like to see 20 different ways to make $100 a day? Check this book out – 20 Ways to $100 a day
You can do it. Yes, there is work and action that you must do, but you can do it.
Get started here – 20 Ways to $100 a Day
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Mike Paul
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