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	<title>No Job For Mom &#187; how to track online income</title>
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	<description>Leaving the Rat Race for the Work At Home Pace</description>
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		<title>New Business: Track Your Progress in Percentages</title>
		<link>http://www.nojobformom.com/2008/05/09/track-your-progress-in-percentages/</link>
		<comments>http://www.nojobformom.com/2008/05/09/track-your-progress-in-percentages/#comments</comments>
		<pubDate>Fri, 09 May 2008 21:31:11 +0000</pubDate>
		<dc:creator>Felicia</dc:creator>
				<category><![CDATA[Earning Money]]></category>
		<category><![CDATA[Motivation]]></category>
		<category><![CDATA[how to track online income]]></category>
		<category><![CDATA[keep accurate records of online writing earnings]]></category>
		<category><![CDATA[track income in percentages]]></category>
		<category><![CDATA[tracking freelance writing income]]></category>

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		<description><![CDATA[If you&#8217;re in the process of starting a new online business, it&#8217;s probably more encouraging if you chart your progress in percentages rather than dollar amounts. I&#8217;m not saying that you shouldn&#8217;t keep track of your actual dollar amount, what I&#8217;m saying is that tracking your percentages is psychologically more uplifting in the beginning. For [...]]]></description>
			<content:encoded><![CDATA[<p>If you&#8217;re in the process of starting a new online business, it&#8217;s probably more encouraging if you chart your progress in percentages rather than dollar amounts.  I&#8217;m not saying that you shouldn&#8217;t keep track of your actual dollar amount, what I&#8217;m saying is that tracking your percentages is psychologically more uplifting in the beginning.</p>
<p>For instance, when I first started my online business, my first month&#8217;s income was $.63.  I was excited that I earned anything, so 63 cents was pretty good in my book.   The second month I earned $2.63.  Still not a stellar amount of money, but it was a 417% increase in income over the prior month.  You see where I&#8217;m going with this?</p>
<p>The over all dollar amounts were rather pitiful but the percentages were encouraging.  If over a period of a couple months you notice that your percentages are going down (and your income accordingly) that means you need to take stock of what you&#8217;re doing revamp revise and get back at it.<br />
[smartads]<br />
When discussing your income with friends and family members who are doubtful about your new business venture, talk to them in percentages.  Don&#8217;t give them dollar amounts.  As a matter of fact, turn the question around and ask them percent increase did they earn this month verses last month, or this year versus last year.</p>
<p>It may make them stop and think that you&#8217;re really onto something.  Once they realize they&#8217;re going to work day in and day out for the same amount each month or<img src="http://www.nojobformom.com/articles/motivation/images/increase.jpg" alt="" align="right" /> that they have received an annual increase of anywhere form 1 to 5%, your numbers won&#8217;t look so bad.</p>
<p>Psychologically you need every advantage that you can get when you&#8217;re working hard on a new online (or off line) business.  The simple process of tracking progress in percentages is another motivational tool that will help you to keep you moving forward.</p>
<p>Even when your business takes off and you&#8217;re rolling in money, keep track of your percentages.  If your percentages rise, but begin to slow down, you know its time to take stock, revise and revamp again.</p>
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