I tried my best to stay away from the computer during the holiday season. I was marginally successful.
Anyway, it’s a new year and many of us are back with lofty goals.
My goals for this year aren’t too lofty. I want to increase my income without increasing my workload. I want a sustainable writing schedule and most of all; I want to continue enjoying what I do.
2011 was a good year. I had been smacked around a bit by the Panda but I believe I landed on my feet. I ended the year by achieving another milestone. I managed to reach the $3,000 residual income mark.
I even managed to become a temporary ticket holder to the Double O Club. I had a nice ride for the first 25 days of December. I was a full-fledged card-carrying member of the DOC right up until Christmas day. The day after I had to hand relinquish my membership card because my daily average dropped below $100 a day. While $96, $97, $98 and $99 a day aint bad, it doesn’t cover the daily cost of the Double O Club ticket.
Oh well, there’s always 2012.
Article Count and Earnings
In 2010 I wrote 753 articles in order to earn a total of $26,736.59. In 2011, I wrote 390 articles to earn $29,279.77 *(that’s not a final number since earnings are still trickling in).
I reduced my writing by nearly 50% and increased my earnings by about 10%. Not too bad considering the Panda beating most of us endured in 2011.
BTW, 99% of my 2011 earnings were from residual sources. Going forward, my goal is to make 2012 a 100% residual year. The only way I’ll accept up-front writing assignments is if the offer is just too good to refuse (and I mean it really has to be a good offer).
Secret to Residual Earnings
What’s my residual income secret? Well, the secret is to stick with it. I’m no better a writer than any of you guys. As a matter of fact, I’ve read some of your work and you guys are good. Just stick with it, keep learning and the money will follow.
It’s a brand spanking New Year…let’s make the best of it!*Earnings do not include eHow payout.