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I am so excited about this year! In fact, I was so inspired by John Chow that I got a little carried away when I set my 2008 income goals. This reality really sank in after reading Tyler Cruz’s December Earnings report. He’s a pretty popular guy and his blog made just under $1,200 last month. So, since I have only just recently shifted my focus to this blog, I’m having a hard time believing I can pull off $6,250.00 per month. Do I believe it’s possible… ABSOLUTELY, but it’s gonna take some time to get to that level.

So, now I’m shooting for about half of the $75,000 I originally set as my 2008 income goal. And, with what I’ve mapped out in terms of the growth I hope to see from both this blog and my overall online earnings, I plan on making $100,000 within the next 3 years. This will work out perfect for me because I want to quit working my day job in 3 years so I can be in business for myself.

So, what’s the master plan?

I’m glad you asked! I’ve basically taken the five goals I set for 2008 and broken them down. What I did was start with my ultimate goal - launching my dream company Global Epiphany - and then I worked backwards and mapped our smaller goals that will lead me to my ultimate goal. I want to be making at least $10,000 per month online before I quit my day job and I believe I can accomplish that within the next 3 years. For this first year, I’m shooting for a growth in monthly earnings by $500 per quarter. I’m currently making around $200 consistently per month. I’ve had months where I’ve made much more, but that was a result of a successful affiliate product promotion. I’m trying to build a more reliable income, so that gives me realistic room for growth.

Here are my revised income goals for 2008:

• 1st Quarter (Jan-March): Build online earnings to $500 per month
• 2nd Quarter (Apr-June): Build online earnings to $1,000 per month
• 3rd Quarter (July-Sept): Build online earning to $1,500 per month
• 4th Quarter (Oct-Dec): Build online earnings to $2,000 per month

Internet Home Businesses of Focus:

My Internet homes business programs are ones that will generate residual income. This is the type of income I can build upon each month. These require their own promotions and some require me assisting anyone who joins my team in succeeding as well. Most of these will simply require more advertising and promotional effort on my part.

• My Power Mall - This is going to get the top spot for my focus. Why? Because the founder has the same vision as I do - to help others achieve financial freedom while changing the world. Ya gotta love that! I’ll be making an update post soon with more details on what I’m doing for this one.
• SFI - They just launched a new advertising co-op, so I’m hoping that being a part of that will help me grow this business. I’ve already set up two niche sites with SFI affiliate product promotions and I have my SFI team training site in place. These will require occasional updates.
• Leisure Audio Books - This program is great because audio books are so versatile. I’ve already got a nice sized team and LAB provides phenomenal training all on their own. And, I’ve got a separate audio books niche site setup to capitalize on the 2nd powerful part of this program (audio book sales).
• Plug-In Profit Site -Although this one has the power to put people in to 2 out of 3 of the programs above (and 4 others not mentioned), I find it more challenging so I won’t be promoting it aggressively (just through the links and promotions I already running). I think it’s a fantastic program, but it’s in the “home business” niche which is fiercely competitive. I also find that many people who join want to “get rich quick” and it just doesn’t work like that.

So, that’s part 1 of my master plan. Remember, I’ve got big plans to grow this blog so that will be a serious priority for me this year. I also want to give some attention to the business side of things (as opposed to just advertising and promotions). And of course, I’ve got plans to continue my personal development and become a better me (yep, I just keep gettin’ better each year! LOL). Stay tuned…

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Tags: goal setting, internet home business, planning

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