Forum Moderators: skibum
I will invest $60 per month in advertising, hosting, and other expenses.
I want to net a $30.00 monthly profit.
Once I can do this on a consistent basis I will gradually increase my advertising budget until:
$600 per month in advertising yields $300 in profits
$6,000 per month in advertising yields $3,000 in profits
$60,000 per month in advertising yields $30,000 in profits
If I try to grow too quickly I will run out of cash.
But, if I grow slowly I can build a profitable business.
I may have to diversify my site, or add more sites, but that is easy!
I'll keep you posted.
You could bet $5 on a blackjack table and if you win play another $5 hand. Repeat at this amount.
If you lose, play a $10 hand. If you win, go back to playing $5 hands. If you lose, play a $20 hand, etc...
Just pray you don't lose too many in a row! Maybe start at $2 (if you can find a table) to make it more "computeresque" (i.e. 2, 4, 8, 16,...)
And taking it slow in this industry might not be such a great ideea, especially if you are doing PPC. If you're onto something hot, go all out and make real money.
Best of luck, I'm sure you'll get to $10 day without any problems.
Pete
$600 per month in advertising yields $300 in profits$6,000 per month in advertising yields $3,000 in profits
$60,000 per month in advertising yields $30,000 in profits
The problem with this plan is that once you've made $3000 net, you won't know how, where and what to spend your net dollars. First and the second steps are easy but the last one is ... If someone knows this last step, he/she will be a millionaire in no time.