Record Passive Income Day
I had a record earnings day on Friday, May 9 and found it so motivating I decided to share it here. Now please bear in mind this number is not a typical daily tally for me at all — it is far above my average day. But this past Friday, my net passive income for just one day — 24 hours — added up to:
I found that very encouraging, especially with earnings on eHow still off their high (though climbing back up). The big difference between that Friday and most other days of the month was a especially large sale through Commission Junction (cj.com).
Actually, my Adsense earnings were low, I had no Amazon sales that day, and the number reflects my eBook sales net profit (after affiliates’ shares). But even with those factors, it was a huge day. The great thing about diversifying residual income streams is that you really have money coming in from multiple sources and don’t have all your eggs in one basket.
Want to know what I did on Friday? I didn’t turn my computer on in the morning, but cleaned the house from top to bottom, had a girlfriend and her kids over and baked oatmeal raising cookies while our collective six kids played on the deck and we chatted. I didn’t even check email until the afternoon and took the day off from writing so I could do my grocery shopping in the afternoon. It wasn’t until Saturday that I checked cj.com and saw the amazing sale from the previous day.
You can do this, too, if you are willing to work hard up front and keep at it when you’d rather quit. It won’t happen overnight. It’s not like I posted a couple articles and few links a week ago and earned nearly $500 in one day from small efforts. My residual income is built upon nearly two years’ dedication, hard work and perseverance. I kept at it while the money was only trickling in, I kept learning more and still do. And the work and sacrifice are paying off.
Looking for more encouragement when it comes to residual income? Check out Pat at Smart Passive Income Blog’s Monthly Report for April. And this is an oldie but goody if you haven’t seen it: Lindsay at Writing for Your Wealth makes $100,000 a year from Google Adsense.
So … what are your passive income goals? Are you happy with your progress? I’d love to hear your story in the comments!