A Reality Moment

Today I approved another ad at Text Link Ads which brought up my monthly income for the one site I run it on to around $90. I didn’t think much of it at the time, but later as I sitting at my desk doing my day job I had a thought, that $90 a month is around $1000 year.

Now $1000 isn’t a huge amount of money, I need a lot more than that in a year to live on, but then I thought about how I actually made that money.

About 18 months ago I started a blog about my credit card woes, mainly to make a little cash, but also to garner some interweb community support in my battle of material wants versus a life of credit card debt. It’s not a huge site, around 100 pages I think, and it might get 50 uniques on a good day. These days I make a short post on it about once a month.
About six months ago I read about this site called Text Link Ads which sells links for your site and shares the money with you. I was making stuff all with Adsense so I thought I would give it a try. All I had to do was put a bit of code into my site template and away it goes.
Once or twice a month I would get an email saying that I had a new ad to approve for my site. At the moment I’ve sold 7 out of a possible 8 links which is delivering about 90$ a month to my paypal account.

So what’s the point of this story your asking ?

Well it’s the oldest money making system in the world, find something that works and multiply it.
At the moment I have one site making $90 a month for probably 10 minutes of work each month. Now what if I was to have 100 sites making $90 a month, that would bring me close to $100,000 a year working around 20 hours a month.

My biggest problem will be my attention span, I’ve started on a dozen different ideas over the last 12 months but never stuck with any of them for various different reasons. So this time I need to set realistic goals and stick to them.

Update: I just found out that my concept isn’t unique. Work Boxers has an article on it here.