Friday, October 14, 2011

My Highest Residual Income Day

Last November, I set a record for residual income earned on one day -- a personal record, that is. There are, obviously, plenty of freelance writers and internet marketers who regularly do far better. This was quite a day, though, hundreds of dollars above my previous best day and something I likely won't beat for quite some time.

The majority came from sales through a certain merchant I link to via the commission junction ( affiliate network. While the sales were in the same general niche, they came from two avenues: an eHow article I'd written, and a niche website that was only a few months old at the time.

Here's the breakdown:

( sale commissions via eHow article:  $164.44 sale commissions via family/home niche website: $575.47) total: $739.91
eHow: $104.55
Adsense: $20.15
Amazon $4.47

Total one-day earnings: $869.07

Just to make that number seem even crazier, a year of those earnings every. single. day. would mean a $317,000+ annual income! Wow.

Ironically, I'm earning less than $1,500 now per month, as my September earnings demonstrate, but having this crazy-high earnings day to look back on reminds me of what's possible, as well as how much potential there is in my home/family niche blog.(By the way, I got the inspiration for that blog during my first month in the Wealthy Affiliate online training program).

The thing about residual income is that it can be fickle, and follow a feast/ famine trajectory at times. But when I look at earnings over a time frame of weeks and months, it evens out to a more predictable pattern. The key is not to expect single-day highs but to work strategically for long-term growth and income. And that's what I'm doing now.

Do you have a earnings mark or other indicator that you look back on as a reminder that you're doing something right? I'd love to hear about it!


Deanna said...

Wow - Congrats on the great commissions. It's nice to see that it really is possible to earn that type of money from revenue sites. Thanks for sharing. :)

Ryan Brinks said...

Very interesting! I have been trying to tailor an ad revenue model to better suit writers rather than advertisers and would greatly appreciate the opportunity to dialogue with you about the advantages and disadvantages of the various ad revenue programs you've been working with as well as share some things I've discovered. Has Commission Junction consistently been your best partnership?
--Ryan Brinks