What Is The Minimum Income You Would Need To Be Satisfied As A Result Of Your IM Efforts?

by tpw
57 replies
Often times, we suggest that most people looking to make money online are actually only looking for enough money to make a car payment each month or take the family out once or twice a month.

But how true is that?

Tell us what level of income you would need to consider your online marketing experience time well-spent?

At what level of revenue would you be satisfied to have taken the effort to make money online?
#excited #income #internet #make money #marketing
  • Profile picture of the author fin
    The reason I got started in IM (only a few months ago), wasn't to make a certain amount of money, as such.

    I've always had this dream that I would:

    1. Have enough passive income to never have to work for anyone else again
    2. Or work for an hourly rate
    3. Have enough money to live comfortably and save some
    4. Be able to live anywhere in the world, as long as I had internet access

    I've not made an money yet, but I've often thought what I would do if I reached this income

    If I had a good enough income with X amount of sites, I think I would just nurture those sites and stop trying to make more sites.

    Concentrate some effort to X amount of sites and considerably reduce my workload, but at the same time, doing fun stuff and living my life to the full.

    I know it's a long time away, but I won't stop until I have achieved this. I would ofcourse have Y amount of money saved, so if I was left with nothing, I could rent an apartment in an exotic, cheap country, and hae a years worth of funds to build my income up again.

    So I guess my answer is, when I have enough to live my dream life. Luckily, I don't have big needs for material things, and i'm happy being happy. Points 1-4 I listed will allow me to be truly happy.
    {{ DiscussionBoard.errors[4756372].message }}
  • Profile picture of the author IceMustang
    At least 10,000 dollars a month. I am in the US Air Force and I highly enjoy my career, plus the benefits are second to none. My IM income would need to be enough to give me a VERY convincing reason to leave the stability and benefits behind, and high enough for me to leave behind the benefits that my wife and baby enjoy as well.
    {{ DiscussionBoard.errors[4756445].message }}
    • Profile picture of the author cashtree
      Originally Posted by WriterParty View Post

      At least 10,000 dollars a month. I am in the US Air Force and I highly enjoy my career, plus the benefits are second to none. My IM income would need to be enough to give me a VERY convincing reason to leave the stability and benefits behind, and high enough for me to leave behind the benefits that my wife and baby enjoy as well.
      You must be very intelligent, air force is by far the hardest military branch to get into.
      {{ DiscussionBoard.errors[4756609].message }}
      • Profile picture of the author IceMustang
        Originally Posted by cashtree View Post

        You must be very intelligent, air force is by far the hardest military branch to get into.
        It's harder than the other branches to get into but trust me, there are some airmen who swim on the shallow end of the gene pool. It's easier to get into than the Coast Guard, I think, due to the low supply of positions there.
        {{ DiscussionBoard.errors[4757015].message }}
  • Profile picture of the author Rod Cortez
    Originally Posted by tpw View Post

    ..........Tell us what level of income you would need to consider your online marketing experience time well-spent?

    At what level of revenue would you be satisfied to have taken the effort to make money online?
    When I first got started around 1999 I wanted to replace the income that I was earning from my financial practice at the time. It took about 2 years to get there (circa 2001). So I selected the "over 5,000 per month" slot in your poll.

    RoD
    Ness
    Signature
    "Your personal philosophy is the greatest determining factor in how your life works out."
    - Jim Rohn
    {{ DiscussionBoard.errors[4756544].message }}
  • Profile picture of the author Nathan2525
    Originally Posted by tpw View Post

    Often times, we suggest that most people looking to make money online are actually only looking for enough money to make a car payment each month or take the family out once or twice a month.

    But how true is that?

    Tell us what level of income you would need to consider your online marketing experience time well-spent?

    At what level of revenue would you be satisfied to have taken the effort to make money online?
    $8000 per month is now my target.
    {{ DiscussionBoard.errors[4756570].message }}
  • Profile picture of the author astnpwrz
    The reason I chose over $5000 is because of a daily income goal exercise I did. I found out that my DREAM/IDEAL lifestyle isnt really that expensive. I could live exactly how I want with WELL under 10k a month. Not hard at all. Im pretty close at the moment.

    The exercise is basically writing out your ideal lifestyle including bills etc. But make it on a monthly basis. Then divide by 30. You'll find that you can live how you want with MUCH less than you though possible. Cheers and Beers
    Signature

    Multi-tasking is just half-assing a bunch of stuff at the same time!!

    {{ DiscussionBoard.errors[4756584].message }}
  • Profile picture of the author Ron Douglas
    Originally Posted by tpw View Post

    Often times, we suggest that most people looking to make money online are actually only looking for enough money to make a car payment each month or take the family out once or twice a month.

    But how true is that?

    Tell us what level of income you would need to consider your online marketing experience time well-spent?

    At what level of revenue would you be satisfied to have taken the effort to make money online?
    I honestly don't know if there is any level I'd be satisfied with. Income goals are a moving target - once you reach the goal, you'll always want more. What would life be without new and exciting goals to reach? That's why people achieve success, become "semi-retired", and then end up starting new businesses. There is only so much leisure time you can enjoy before you become fat and absent minded LOL.

    I thought I'd be satisfied when I made enough to be financially free and not have to work, but now I have my eye on a beach estate and on several charitable goals.

    If you hate your job, consider this - the only thing worst than working for someone for 60 hours a week is not having anything to do for 60 hours a week.

    I remember in the corporate world when the bosses wanted to fire someone, they would strip them of all their responsibilities first and just let them sit there all day doing nothing. The employee would usually leave on their own within a short period of time.

    I witnessed one guy who nearly went crazy and accused colleagues of being part of the conspiracy to make him an outsider. He didn't want to go to lunch with other employees for fear of them be blacklisted by association.

    You'd think you could just sit there and collect checks for doing nothing but once you experience it, it's almost like being "in the hole" in prison LOL.

    At the end of the day, it's all about enjoying what you do with your time and having new challenges to meet. Without that, no amount of money is going to keep you satisfied.
    {{ DiscussionBoard.errors[4756612].message }}
    • Profile picture of the author lisakleinweber
      Originally Posted by Ron Douglas View Post

      I honestly don't know if there is any level I'd be satisfied with. Income goals are a moving target - once you reach the goal, you'll always want more. What would life be without new and exciting goals to reach? That's why people achieve success, become "semi-retired", and then end up starting new businesses. There is only so much leisure time you can enjoy before you become fat and absent minded LOL. ...
      YES! This is what I was going to say. the moving target part

      When I started, in 1997, my goal was to "work for myself". By 2003 I had completely replaced my income as a police radio dispatcher/911 calltaker

      I was happy. I had a baby and didn't do much else for many years.

      Last year, I started getting serious again and this year I have more than doubled the amount I was stuck at for many, many years.

      Now, my goal is much, much bigger. And once I get there, it will be bigger still.
      Signature
      New Women's Health PLR - IBS, Acne, Allergies, Walking, and Foot Health


      Affiliate Marketing Plus Email Marketing PLR -- Mobile Marketing PLR
      {{ DiscussionBoard.errors[4757946].message }}
  • Profile picture of the author E. Brian Rose
    This poll is an example of how most people don't treat their IM business as an actual business. Instead, most are treating it like an income source only.

    When somebody starts a business, they should be looking at eternal growth opportunities. Any business plan includes an exit strategy, which usually outlines a buyout.

    Successful businesses are built with the outlook that a buyout is on the horizon. Hobbies are built with the idea of getting an extra source of income.
    Signature

    Founder of JVZoo. All around good guy :)

    {{ DiscussionBoard.errors[4756662].message }}
    • Profile picture of the author Ryan David
      Originally Posted by E. Brian Rose View Post

      This poll is an example of how most people don't treat their IM business as an actual business. Instead, most are treating it like an income source only.

      When somebody starts a business, they should be looking at eternal growth opportunities. Any business plan includes an exit strategy, which usually outlines a buyout.

      Successful businesses are built with the outlook that a buyout is on the horizon. Hobbies are built with the idea of getting an extra source of income.
      Doesn't mean you can't have income along the way. There are ways to achieve multiple goals at the same time.
      {{ DiscussionBoard.errors[4762330].message }}
  • Profile picture of the author Aaron Doud
    I have a good job that pays well and to take IM seriously I would have to be able to build a business to replace that with less work. And right now it seems like most IMers work more for less than I do.

    I don't think I would have to be at $5,000 per month to do it(this is profit not revenue mind you) but I would have to be above $3,000 for me to even consider it. I figure I could take a bit of a pay cut at first since I would be enjoying my time and wouldn't have the commute. But when you like your job for the most part it is hard to justify doing more for less just to work for yourself.

    Similar to what our friend in the air force said but he needs more than I do.
    {{ DiscussionBoard.errors[4756707].message }}
  • Profile picture of the author Jelle Kaldenbach
    Kind of low, but I voted for $1001 - $1005

    Of course that isn't my biggest goal, but to make 1000+/month is my first goal ^_^.
    I think it's also this low because I'm 16 YO and 1000 is a big number for me, LOL. Nah just kidding, I gotta think big...

    ~Jelle
    {{ DiscussionBoard.errors[4756877].message }}
    • Profile picture of the author Thaddaeus T. Hogg
      Well sir, you shore did not make it one a the choices but I thank I would be just fine with three pigs, four possums and a mighty fine coon-huntin dog!

      How come that WASN'T one a the choices?
      Signature
      Thaddaeus T. Hogg, The Hillbilly Marketeer
      http://www.hillbillymarketer.com
      {{ DiscussionBoard.errors[4756941].message }}
      • Profile picture of the author Tina Golden
        I was happy once I replaced my "job", but not necessarily satisfied.

        It's worth just replacing my old income for many reasons so if I had stopped at $2000 per month, I would STILL choose to do this.
        Signature
        Discover how to have fabulous, engaging content with
        Fast & Easy Content Creation
        ***Especially if you don't have enough time, money, or just plain HATE writing***
        {{ DiscussionBoard.errors[4757016].message }}
      • Profile picture of the author SteveJohnson
        Originally Posted by Thaddaeus T. Hogg View Post

        How come that WASN'T one a the choices?
        people this neck a the woods tend to fergit bout the holler folks
        Signature

        The 2nd Amendment, 1789 - The Original Homeland Security.

        Gun control means never having to say, "I missed you."

        {{ DiscussionBoard.errors[4757017].message }}
  • Profile picture of the author Daniel22
    i voted up to 1000$ a month, even tho i will be very happy with less! just need something to be able to purchase new guide's from here
    {{ DiscussionBoard.errors[4757029].message }}
  • Profile picture of the author guitarjosh
    Once I hit the $3000 a month mark, I quit working nearly so hard and have just been happy getting over that every month. Since it's all AdSense, I've always kind of felt that I shouldn't be too greedy and that amount is good enough to fly under the radar.

    If I can ever crack the Amazon nut, I would probably make $10,000 a month my goal. We shall see..
    {{ DiscussionBoard.errors[4757040].message }}
    • Profile picture of the author JohnMcCabe
      Originally Posted by E. Brian Rose View Post

      This poll is an example of how most people don't treat their IM business as an actual business. Instead, most are treating it like an income source only.

      When somebody starts a business, they should be looking at eternal growth opportunities. Any business plan includes an exit strategy, which usually outlines a buyout.

      Successful businesses are built with the outlook that a buyout is on the horizon. Hobbies are built with the idea of getting an extra source of income.
      This is why I couldn't answer the poll. I want to build to the point I get that seven or eight figure buyout. Then we can talk about how much income I'd want - basically enough to cover my bills for beer, bait and boat gas...
      {{ DiscussionBoard.errors[4757863].message }}
      • Profile picture of the author Cool Hand Luke
        I finally hit the $5k/month mark 2 months ago, and my goal for this month is $6k...I'm getting close too

        From there...well the sky's the limit!
        {{ DiscussionBoard.errors[4757887].message }}
      • Profile picture of the author onegoodman
        Originally Posted by JohnMcCabe View Post

        This is why I couldn't answer the poll. I want to build to the point I get that seven or eight figure buyout. Then we can talk about how much income I'd want - basically enough to cover my bills for beer, bait and boat gas...
        I have to agree with you however, everyone own a business to get an income
        {{ DiscussionBoard.errors[4757943].message }}
        • Profile picture of the author JohnMcCabe
          Originally Posted by onegoodman View Post

          I have to agree with you however, everyone own a business to get an income
          Not so, my friend...

          I'm not saying that any income I earn while building toward my ultimate goal won't be put to good use. But I own this particular business to sell it to someone else down the road for a huge capital gain.

          I've reached the age where I want to build something great one time, reap the rewards, and ride off into semi-retirement where I do business for fun. Or not do business if something more fun comes along...
          {{ DiscussionBoard.errors[4758049].message }}
  • Profile picture of the author elitewms
    enough to cover my basic needs bills, food and entertainment. about 2,000 a month.
    {{ DiscussionBoard.errors[4757903].message }}
  • Profile picture of the author Charlotte Jay
    My income needs to match my H's income-at least for right now. We live in a fairly high cost of living area, so my goal right now is probably higher than others. But saying that, it is kind of a "how long is a stick?" question. Would I like to earn more? Sure.
    {{ DiscussionBoard.errors[4758040].message }}
  • Profile picture of the author tpw
    When I first started out, my goal was simply to replace the income from my job.

    I pulled it off in 01, but in June of 02, my $2500 month dropped down to $800 month.

    I took a job, until I could rebuild a real business.

    I left the job for the last time in March of 05, and by the summer of 06, I was hiring people to help me do the work.

    At my peak in 07, I had five people with decent-paying jobs on the payroll, and I was still taking home plus $60k per year.

    My business ran into a hiccup in 07, with the loss of two major clients, forcing me to reduce paid staff to one.

    I hired a few more people in 08, but let them go less than a year later.

    In 09, I was forced to restructure my business so that it did not rely so heavily on my daily presence, due to situations with my family. I took time off to take care of my dad when he was sick in 09, then laid off my last employee.

    In early 2010, I became a full-time Mr. Mom, so I was forced to restructure my whole business around the lives of my kids.

    I had to set up a new revenue model that allowed me to take home as much money as before, but with a much smaller time requirements.

    I have one part-time person now, and I plan on bringing in one more part-time person soon.

    My income is still smaller than what it was in 04-08, but my plans are shaping up well.

    My goal is to get back to $60-$100k per year take home, after I pay my business operating expenses.

    Our goals are always moving targets, based on where we are in the moment.

    As I am pretty sure this thread has demonstrated, income goals generally reflect where someone is now, and what one wants to accomplish at the next level.

    Not everyone wants to replace a job. Some are happy to just make enough to pay a car payment.

    Others are looking to replace a job, with a work-at-home job.

    And others have set their goals much higher.


    Originally Posted by E. Brian Rose View Post

    This poll is an example of how most people don't treat their IM business as an actual business. Instead, most are treating it like an income source only.

    When somebody starts a business, they should be looking at eternal growth opportunities. Any business plan includes an exit strategy, which usually outlines a buyout.

    Successful businesses are built with the outlook that a buyout is on the horizon. Hobbies are built with the idea of getting an extra source of income.

    The reality is Brian that some of us are building businesses.

    While others, in our presence, are only looking to supplement their current incomes.

    There are different goals for different folks...

    And personally, I don't see anything wrong with that.

    Not everyone who comes to the forum is building a business... Some are looking only for a job.

    I admit that in 2001, I was only looking for a job.

    By 02, I had transitioned to building a real business.

    06-08 were my highest earning years, but those roller-coaster years were very stressful, and they taught me the importance of building more stability and sustainability into my business model.

    The lessons gained from my previous experience is strongly influencing everything I do today to build a stronger tomorrow.

    And yes, like you and John, the business I am currently working has been designed to give me the option of selling it in the future.


    p.s. This poll was not designed to tell you about the person making the poll, but to allow others to share their vision of their tomorrow.


    .
    Signature
    Bill Platt, Oklahoma USA, PlattPublishing.com
    Publish Coloring Books for Profit (WSOTD 7-30-2015)
    {{ DiscussionBoard.errors[4759607].message }}
  • Profile picture of the author Matt Ward
    My main goal when I started in IM was $100/day consistently, which would be around $3000/month. Not a lot to some, but enough to live off of in this area, and more than a lot of people I know. Of course, I'd like to make a lot more than that, but a solid $3000/month will allow me to live entirely off of IM income.

    Of course, now that I have my foot in the door, so to speak, I see the potential in scaling up the model I'm using, and now realize that there are countless ways to build an online business. I don't see why I couldn't double or triple that goal eventually. I'm very excited about the future; finding success in IM has really changed my outlook for the better.
    Signature
    "Keep moving forward."
    {{ DiscussionBoard.errors[4759775].message }}
  • Profile picture of the author HawkPrecision
    Satisfied, but certainly not going dead of all activity even at 5 grand a month.

    I like the thought of someday selling a website for $1 million. I like the thought that I would have created something that brilliant.
    {{ DiscussionBoard.errors[4759879].message }}
  • Profile picture of the author Rien
    For me it would be to cover living expenses, taxes
    and a little to put away into savings.

    The $5,000 / month figure would be exactly where
    I would need to be to be satisfied.

    The amount I would be happy with? Now that's
    another figure all together.
    {{ DiscussionBoard.errors[4760432].message }}
  • Profile picture of the author Rukshan
    My Main goal is $100/day in IM. I have a decent job as an Engineer. But I need to earn much as possible to enjoy my life. As a traveler I must spend much to visit other countries and Hotels.
    Signature

    {{ DiscussionBoard.errors[4760486].message }}
  • Profile picture of the author Chris Worner
    Something's fishy here, a Bill Platt thread that hasn't been nuked yet, mods must be high or something

    I chose over $5000 a month because I have ambitions to go onto bigger and better things other than writing articles and selling e books and on-line services, such as my own venture capital company.

    -Chris
    Signature

    {{ DiscussionBoard.errors[4760623].message }}
  • Profile picture of the author Augie Johnston
    My goal is $1,000 a month. I achieved that about 2 years ago, but since then have dropped back to $0. I was spamming YT with CPA offers and it just was not a good feeling when the money came in so I stopped.

    When people on this forum write to newbies, "don't quit, thats the only advice I have" I here that as I have been steadily working for 3 years now consistently online and haven't earned more that $3,000 in total. I'm just lucky enough to have a job that only requires me to work from 8pm to 10pm 5 days a week.

    Augie
    {{ DiscussionBoard.errors[4760635].message }}
  • Profile picture of the author BIG Mike
    Banned
    [DELETED]
    {{ DiscussionBoard.errors[4760754].message }}
    • Profile picture of the author tpw
      Originally Posted by BIG Mike View Post

      Meeting your financial goals is not the end - it's only the end of the beginning

      Very well stated Mike.

      Thank you for taking the time to share.
      Signature
      Bill Platt, Oklahoma USA, PlattPublishing.com
      Publish Coloring Books for Profit (WSOTD 7-30-2015)
      {{ DiscussionBoard.errors[4760785].message }}
  • Profile picture of the author GetKane
    Banned
    Those numbers are far too low. I'd put my number around 20K a month.
    {{ DiscussionBoard.errors[4761126].message }}
    • Profile picture of the author tpw
      Originally Posted by kaneinsurance View Post

      Those numbers are far too low. I'd put my number around 20K a month.
      Is that take home or gross revenue?
      Signature
      Bill Platt, Oklahoma USA, PlattPublishing.com
      Publish Coloring Books for Profit (WSOTD 7-30-2015)
      {{ DiscussionBoard.errors[4761145].message }}
      • Profile picture of the author GetKane
        Banned
        Originally Posted by tpw View Post

        Is that take home or gross revenue?
        Net income, but that's also while putting in 60-80 hours/per week of work in. The 5K mark is just around what it costs to just pay for my bare necessities.

        Satisfaction might also be fleeting though as the number would probably just go up.

        I actually reached a point in the CPA part of IM to where I felt capped in terms of wealth creation so I'm "going legit", so I think I'm doing it backwards. After years of full-time IM I can actually say I'm looking forward to more traditional work.

        I'll say this though, I've been over the top choice for several years now as a full-time IM and while I feel well adjusted as a human being I don't honestly think I'd consider myself satisfied to the point where I'm just passionate about work.
        {{ DiscussionBoard.errors[4761368].message }}
  • Profile picture of the author haylaz7
    $301 to $750 per month
    {{ DiscussionBoard.errors[4761172].message }}
  • Profile picture of the author Vitaliy K
    $10000 is enough right now for me, but I´d like to invest a bit to make even more and of course save some money to open more profitable businesses in future.
    Signature


    {{ DiscussionBoard.errors[4761385].message }}
  • Profile picture of the author retsced
    Well, $5000 a month is no use to me in Ireland. I could barely live on that type of cash , a great starting point, but if $5000 is achievable then double that is also acheivable...and double that again. I'm not sure if it makes any sense to earn $5000 a month and just settle for that.

    If i knew that i would only ever earn $5000 or less a month, i would pack it in today and go back to plastering where i was earning $6500 each month.
    Signature
    Strong Men and Women put themselves in harms way
    for the freedoms weak people give away for safety
    {{ DiscussionBoard.errors[4761419].message }}
    • Profile picture of the author JohnMcCabe
      Originally Posted by retsced View Post

      Well, $5000 a month is no use to me in Ireland. I could barely live on that type of cash , a great starting point, but if $5000 is achievable then double that is also acheivable...and double that again. I'm not sure if it makes any sense to earn $5000 a month and just settle for that.

      If i knew that i would only ever earn $5000 or less a month, i would pack it in today and go back to plastering where i was earning $6500 each month.
      Another excellent perspective. $5000 means different things in different parts of the world. In Ireland, it's barely getting by. In many other countries, it means being rich with a fine house and hired help.
      {{ DiscussionBoard.errors[4761627].message }}
      • Profile picture of the author tpw
        Originally Posted by JohnMcCabe View Post

        Another excellent perspective. $5000 means different things in different parts of the world. In Ireland, it's barely getting by. In many other countries, it means being rich with a fine house and hired help.

        Yeah, here in Okie land, I can live handsomely on $5,000 per month.

        I am not sure I can step up to having hired help, but I sure can live high on the hog for that.
        Signature
        Bill Platt, Oklahoma USA, PlattPublishing.com
        Publish Coloring Books for Profit (WSOTD 7-30-2015)
        {{ DiscussionBoard.errors[4761739].message }}
  • Profile picture of the author fastimmy
    I have a goal of making $30,000 a month and I know with hard work and perseverance i will succeed.
    {{ DiscussionBoard.errors[4761612].message }}
    • Profile picture of the author sanssecret
      Well, you can always rely on me to answer the question without looking at it properly. I didn't figure in dollars.

      I can't see why folks wouldn't be satisified with their efforts once it replaced their job income. I can understand where you'd want more once you'd achieved that, but as a starting point? Same money working from home, for yourself, pleasing yourself, without the hassles of driving to work, doing what you're told, when you're told, always at the mercy of the boss... yep, I'd consider that pretty satisfying.
      Signature
      San

      The man who views the world at fifty the same as he did at twenty has wasted thirty years of his life. ~Muhammad Ali
      Pay me to play. :) Order a Custom Cover today.
      {{ DiscussionBoard.errors[4761693].message }}
  • Profile picture of the author dkbiz92
    it all depends on what you really want to do. If you want more free time to enjoy life or things you want to do then $3,000 a month would be find but if this is a full time job for you then go for gold. All i have to say is learn new methods on how to make a solid income from different sources make it is steady and consistent.
    {{ DiscussionBoard.errors[4761733].message }}
  • Profile picture of the author Karan Goel
    In the coming six months, I aim to earn a monthly income of the cumulative that I've earned till now. How much? Don't ask, it ain't so high, ain't so low.

    I agree with Ron. It's never a good idea to limit your goals. When you reach a goal, extend it further, make it more difficult, make it more fruitful, make it more exciting.
    Signature
    Penalty Safe, Long Term, 100% Whitehat Backlinks
    Love your site? Then check out SafeSpokes!
    ~_~_~_~_~_~_~_~_~_~_~_~_~_~_~_~_~_~_~_
    karan996@irchiver.com karan997@irchiver.com
    {{ DiscussionBoard.errors[4761786].message }}
  • Profile picture of the author dkbiz92
    my goal is to make enough steady income to save up and start a real business in my neighborhood. I do like internet business but i would prefer my dream business over it anyday.
    {{ DiscussionBoard.errors[4761796].message }}
  • Profile picture of the author vok
    Due to currency fluctuations if all earnings were in dollars it'd have to be at least $10,000 a month, dollars are my least favorite currency, I'd much prefer to sell in Euros and Pounds, but we seem to have a monopoly of dollars on the internet.
    {{ DiscussionBoard.errors[4761925].message }}
  • Profile picture of the author im1217
    $5000/month if I kept working my present job
    $20,000 /month if I did IM alone
    {{ DiscussionBoard.errors[4762038].message }}
  • Profile picture of the author tbsweet52
    Enough to live and then some. Working for yourself is an amazing feeling.
    Signature

    Signature goes here

    {{ DiscussionBoard.errors[4762195].message }}
  • {{ DiscussionBoard.errors[4762228].message }}
  • Profile picture of the author jerzykaz
    Whatever you think you deserve will be the answer.
    {{ DiscussionBoard.errors[4762241].message }}
    • Profile picture of the author smadronia
      I voted up to $300 a month. However, when I put some thought into it, that's not really true. That implies that any amount, as long as it's under $300, is enough.

      I don't think that's teh case with me. I'd say a minimum of $100 would be enough to satisfy me. That doesn't mean I'd stop working on it, and trying to make more, but I'd be satisfied if all I saw in a month was $100, up to $300.

      Why so little? Because then I'd know that I was at least covering the costs associated with Internet Marketing. Maybe not the cost of my time for writing articles, building backlinks, creating webpages, etc, but it would cover hosting, domain names, software, memberships, etc. I can always work up from there.
      {{ DiscussionBoard.errors[4836471].message }}
  • Profile picture of the author SamirRastogi
    I would need enough to cover my expenses during though times. That would be about $5,000 a month for me.
    {{ DiscussionBoard.errors[4762557].message }}
  • Profile picture of the author focused
    The ability to pay the incoming bills is a key factor in determining a good and
    satisfying level of income. You don't want to struggle month after month to
    pay your bills. And some luxuries or a nice vacation once in a while are other
    factors in setting a minimum IM income level.
    {{ DiscussionBoard.errors[4793253].message }}
  • Profile picture of the author Boomachucka
    The short answer is it depends.

    At present, being busy with school and so forth, I'd be quite happy with an additional $1000-$1500 per month of income. However, I would rather like to employ myself during the summer (increase that to ~$2500 or more p/m) and have a running business to grow when I finish university- about $10,000 per month would be my ultimate 'dream' goal.

    If I get to that point though, I know I'll be able to take it further. And I will.
    {{ DiscussionBoard.errors[4793717].message }}
  • Profile picture of the author IMWinner
    1. Actually, it will always depend on we perceive our IM efforts and its output to our daily needs. Basically, people are viewing IM business as the top reason why people are into this world as their source of their expenses. I may have to agree on its concept, but not totally.
    Doing IM business to pay for the bills is also one of my priority, and no matter how much I earn for a month or a week, doesn't really matter since it is enough to help me pay those bills with a little extra money left for savings. Although having $5,000 a month would be the ultimate dream of everyone here, it always depends on how much does a person really wants to earn this much money in their IM business. Personally, I am between $200 - $700 a month (since I am still on the part-time schedule) and it is more than enough for me for my expenses. Still, time will come for me to be a full time in the IM business as I still have a lot to learn in this world.
    Satisfaction for me is the fact that I have no problems paying for my bills, and that I still have extra money left for my savings from the IM business that I had and at the same time, my salary from my daytime job will not be used in paying for my bills. Satisfaction for me is that it covers all of my expenses and still has some extra for my savings.
    {{ DiscussionBoard.errors[4794093].message }}
  • Profile picture of the author xMarkPro
    Once I'm back to $30,000/month I'll be comfortable. Not happy, and will continue pushing for more, but comfortable with myself. Getting closer by the week, so hopefully only another 2 - 3 months, and I'll be there.
    {{ DiscussionBoard.errors[4794176].message }}
  • Profile picture of the author dagaul101
    I think many people will never be satisfied with their online income, there is always someone making more and they would like to get to that level, that I'm afraid is the nature of the beast
    {{ DiscussionBoard.errors[4836647].message }}

Trending Topics