Hit the $200 AdSense MarkThis has been a pretty good day for me, as this Sunday marks the first time I have reached the $200/month using AdSense. I'm all about celebrating the small achievements and enjoying the little victories, although in honesty this doesn't feel very small at all! I have been using AdSense for just under 2 years, although the first 3 months I did next to nothing, and I've never been able to work a full time schedule on my residual income - which definitely has hindered progress.
That being said, this freelance writer is thrilled with hitting that mark, and still having time to pass it by even more before the end of the year. While because of the TOS I can't give information like CTR, average CPC or things like that, I can say that without giving any numbers I am allowed to tell you what my personal income percentages have been this year. Breaking down the amount for average per day, my worst month this year saw an 8% increase in average monthly income from AdSense alone, and I'm averaging 14% growth in income from AdSense every month, and this month is already looking to match that average, unless tomorrow is the worst AdSense day I've had since 2009. I'm betting I'll be fine.
Part of the freelance writing and Internet Marketing process is learning how to enjoy the small victories, and being able to get fired up about them. After all, $200 as a number isn't a big deal at all. I can easily make that in a single day, on any day I have an Internet connection and choose to do so. But $200 for a month in AdSense is a pretty good mark, and I've done the most work by far on my passive income the past three months and change. This is doubly exciting, because as people who have been in the residual or passive income for very long know, you reap the benefits of your work months or even years down the line. If I'm seeing 14% average jump for 5 straight months and counting, just how much better is my AdSense income going to look by the end of this year? Or the end of 2011?
This doesn't mean I've just hit $200 in passive income. I've been over that number for quite some time, but AdSense is by far and away one of the best models for getting serious residual income - the type that leads to a 4 Hour Workweek lifestyle and serious full time online passive income. So while have a diversified income stream is always a good idea, the quicker AdSense gets to a full time income for me, the more quickly I can diversify my income and spend all of my time on projects and work that I'm most passionate about.
To give a screenshot of what just a few of my passive income sources look like for this month, and these are approximates since it's not the end of the month yet:
Associated Content PPV Bonus: $37.00
Constant Content Referrals: $30.00
eHow earnings for May: $118.00
eBay affiliate earnings: $32.00
Amazon affiliate earnings: $38.00
Google AdSense (app.) $214.00
I'm not putting this up to brag (okay, maybe a little), but hopefully to encourage people to see that there are a lot of options out there, and if you start out knowing absolutely nothing but stubbornly work on while very slowly (because some of us are better workers than learners, myself included) and you try to learn, no matter how long it takes for it to make sense, then even on a part time basis of only a couple or three hours a day, you can get to this point.
In fact, there's more here not listed. I occasionally get a check from Commission Junction, just not every month. Ditto with Clickbank, ejunkie, Elance, and a couple of other programs I have an affiliate account with.
The beauty of this? I know enough now to speed up how quickly I earn passive income with new articles, new sites, and new pages. This means it takes less work to get from zero to wherever I want to get to. In addition, the more passive writing income I make, the more bills I can pay with that money and the more of my time that gets freed up in order to work even more on my residual income projects. That speeds up how quickly I can earn more passive income, which then lets me outsource. Outsourcing increases the amount of work I can get done in a short period of time, more work = more money, and we're off to the races again.
In the first few months I used AdSense, getting a $2 day was amazing and rare, and it took me over half a year to go from $3 to $45 in AdSense. But I kept at it, I kept learning, and the few free moments I had from freelance writing and fighting my debt load was used to build the base for future earnings.
If there's any piece of advice I can give newbies, or the frustrated, it's keep at it. It took me 14 months to go from $0 to $100 in one month. It only took me 9 months to go from $100 to $215 (approximate). I bet in 4 months, 5 at most, I'll get past $300. In fact, this would happen much quicker if I didn't have so many other projects on my plate, but that is life. Still, reaching the $200 AdSense is a great accomplishment, and one that is definitely lifting my spirits and firing me up to sprint to the next obvious marker: $300.
So I wanted to take one post to demonstrate how important it is, in both freelance writing and in Internet Marketing, to celebrate the small victories. This is a good one for me, and I'll spend about 20 minutes enjoying a soda and smoking half of a congratulatory cigar.
After that, it's back to work again. Fame, fortune, and retirement won't make themselves happen :) If anyone you have a recent success, no matter how small it seems, share your victory. Creative writing or freelance. I know a lot of you are doing some very impressive things right now, so feel free to share, brag, and encourage!