My Tenth Revenue Stream Is Miscellaneous Revenue

My Tenth Revenue Stream Is Miscellaneous Revenue Every Friday I sharing each of my ten revenue streams (even though I missed the last 2 Fridays, while in California and Atlanta). With this post I only have 3 left (this is #7 of 10). I’m big on diversifying personal income, whether you are an entrepreneur or an employee. My intention with this series is to inspire or encourage you with your own diverse revenue streams. Below this post you’ll see links to the previous posts, or you can click on the Multiple Streams of Income category on the left. Im not quite ready to share the other three revenue streams yet, so Ill share the most ambiguous. This could be all the rest of the stuff.   In this revenue stream I include misc stuff, which specifically includes: Writing projects. I have been paid to write stuff, from white papers to blog posts on other blogs. Affiliate revenue. This includes a few bucks here from my Happy About affiliate program, as well as other affiliate programs Ive joined. Advertising. Theoretically I might be able to make some good money from advertisers, based on the traffic I get on my sites (including this blog, the LinkedIn blog, JibberJobber the application, etc.). Realize that some people have any of these three as their main income/revenue stream, and some people make a ton of money from any of the three.   For example: Freelance writers can make six figures from writing gigs (the issues include (a) getting the gigs (and competing with all of the other writers out there) and (b) actually doing the work this is not easily scalable, which means you can only write so many hours a day/week/year. I know of some affiliate marketers who make a few thousand a month from their affiliate programs, and others who supposedly make five or six figures a month.   It sounds appealing to make money while you sleep, which is indeed possible, but it takes a lot of work and effort to make more than a hundred bucks a month.   A TON of work. Supposedly one of the top bloggers in the world, dooce.com, makes between 500k and $1M from her blog.   Im guessing most of this is in sponsorships (at least six figures).   There is only one Dooce.com, however and many wannabees.   In another space (web 2.0 tech pundit) Michael Arringtons blog supposedly makes an easy seven figures a year, but realize they have an entire team producing content, programs, etc. Below are thoughts about this revenue stream for me.   I realize I could hit this harder and make more money in any of these three, and perhaps other revenue opportunities, I count all of this as miscellaneous because Im focusing on revenue that I think is longer-lasting, and more value-add to my ultimate goals with JibberJobber and my company. Writing Projects This is hard work.   I have only taken writing projects that come to me (instead of me looking for them) the money is okay, but freelance writing is highly competitive, and for me the biggest problem is that once I get the project, I then need to carve time out to do it.   Ive become quite jealous of my time in the last year.   Based on my experience, I can make five figures a month writing, if I pursued it heavily.   Again, its a great profession, but not my focus.   And to make five figures a month you really have to hustle (in getting each contract as well as meeting the deadlines). Affiliate Revenue A few months ago I put Indeed search into JibberJobber more prominently, as well as on my blogs (if you are getting this blog post via email you wont see the Indeed search).   I can easily clear a few thousand dollars a year on this income stream alone its not a lot of money but I figure every $83/month stream adds up ($83*12 months is about $1,000/year) if I find a better thing to put in some of the places where the Indeed widgets are I might do that, but Im not actively looking to put a bunch of affiliate bling all over some blogs overdo this. I also have a number of affiliate links for books I recommend, although I have not pursued this with Amazon yet.   Funny, I figure I should make at least an additional $83/month from Amazon, but it ticks me off that they are (or were, last time I looked) only giving about 4% of the sale to their affiliates.   Happy About gives 30% (you can sign up for the Happy About affiliate program here). Again, not a huge focus but I figure Im leaving some money on the table by not pursuing this more. Advertising I met with internet marketing expert Carl Chapman last week (actually, he let me crash at the Chapman Hotel while I was in Atlanta, the entire week!), and he was convinced I should be getting a significant amount of revenue from advertisers on all of my websites (based on the traffic Im generating).   Carl suggested I find a cold-calling salesperson and giving him/her a healthy royalty on sales I am almost-kind-of open to this, but Im not excited about cluttering up my properties with stuff unless they the advertising will really pay off. Heres the interesting thing about this tenth revenue stream the statement from above is: Again, not a huge focus but I figure Im leaving some money on the table by not pursuing this more. So the question is should I spend my time developing this $15k-$20k revenue stream or should I focus more on other revenue streams that are worth more ?   When I listed out 2009 revenues, and 2010 projections, I was quite shocked to see that this stream is a small fraction of the others (on paper).   It made me realize if I didnt do any of this anymore, thats OKAY.   But what I do in this stream is mostly passive, so Ill just keep on doing what Im doing, and not aggressively pursuing much here (unless I can find that key salesperson who can do a great job selling advertising or sponsorships). Helpful information?   If you have an information product, have purchased one, or want to have one, what do you think makes it successful?   Share thoughts or ideas below Here is a breakdown of the revenue streams I’ve shared so far: Revenue Stream 1: JibberJobber User Upgrades Revenue Stream 2: JibberJobber Partnership Program Revenue Stream 3: Books I write Revenue Stream 4: (not announced yet) Revenue Stream 5: Professional Speaking Revenue Stream 6: Consulting Revenue Stream 7: (not announced yet) Revenue Stream 8: (not announced yet) Revenue Stream 9: Information Products Revenue Stream 10: Miscellaneous My Tenth Revenue Stream Is Miscellaneous Revenue Every Friday I sharing each of my ten revenue streams (even though I missed the last 2 Fridays, while in California and Atlanta). With this post I only have 3 left (this is #7 of 10). I’m big on diversifying personal income, whether you are an entrepreneur or an employee. My intention with this series is to inspire or encourage you with your own diverse revenue streams. Below this post you’ll see links to the previous posts, or you can click on the Multiple Streams of Income category on the left. Im not quite ready to share the other three revenue streams yet, so Ill share the most ambiguous. This could be all the rest of the stuff.   In this revenue stream I include misc stuff, which specifically includes: Writing projects. I have been paid to write stuff, from white papers to blog posts on other blogs. Affiliate revenue. This includes a few bucks here from my Happy About affiliate program, as well as other affiliate programs Ive joined. Advertising. Theoretically I might be able to make some good money from advertisers, based on the traffic I get on my sites (including this blog, the LinkedIn blog, JibberJobber the application, etc.). Realize that some people have any of these three as their main income/revenue stream, and some people make a ton of money from any of the three.   For example: Freelance writers can make six figures from writing gigs (the issues include (a) getting the gigs (and competing with all of the other writers out there) and (b) actually doing the work this is not easily scalable, which means you can only write so many hours a day/week/year. I know of some affiliate marketers who make a few thousand a month from their affiliate programs, and others who supposedly make five or six figures a month.   It sounds appealing to make money while you sleep, which is indeed possible, but it takes a lot of work and effort to make more than a hundred bucks a month.   A TON of work. Supposedly one of the top bloggers in the world, dooce.com, makes between 500k and $1M from her blog.   Im guessing most of this is in sponsorships (at least six figures).   There is only one Dooce.com, however and many wannabees.   In another space (web 2.0 tech pundit) Michael Arringtons blog supposedly makes an easy seven figures a year, but realize they have an entire team producing content, programs, etc. Below are thoughts about this revenue stream for me.   I realize I could hit this harder and make more money in any of these three, and perhaps other revenue opportunities, I count all of this as miscellaneous because Im focusing on revenue that I think is longer-lasting, and more value-add to my ultimate goals with JibberJobber and my company. Writing Projects This is hard work.   I have only taken writing projects that come to me (instead of me looking for them) the money is okay, but freelance writing is highly competitive, and for me the biggest problem is that once I get the project, I then need to carve time out to do it.   Ive become quite jealous of my time in the last year.   Based on my experience, I can make five figures a month writing, if I pursued it heavily.   Again, its a great profession, but not my focus.   And to make five figures a month you really have to hustle (in getting each contract as well as meeting the deadlines). Affiliate Revenue A few months ago I put Indeed search into JibberJobber more prominently, as well as on my blogs (if you are getting this blog post via email you wont see the Indeed search).   I can easily clear a few thousand dollars a year on this income stream alone its not a lot of money but I figure every $83/month stream adds up ($83*12 months is about $1,000/year) if I find a better thing to put in some of the places where the Indeed widgets are I might do that, but Im not actively looking to put a bunch of affiliate bling all over some blogs overdo this. I also have a number of affiliate links for books I recommend, although I have not pursued this with Amazon yet.   Funny, I figure I should make at least an additional $83/month from Amazon, but it ticks me off that they are (or were, last time I looked) only giving about 4% of the sale to their affiliates.   Happy About gives 30% (you can sign up for the Happy About affiliate program here). Again, not a huge focus but I figure Im leaving some money on the table by not pursuing this more. Advertising I met with internet marketing expert Carl Chapman last week (actually, he let me crash at the Chapman Hotel while I was in Atlanta, the entire week!), and he was convinced I should be getting a significant amount of revenue from advertisers on all of my websites (based on the traffic Im generating).   Carl suggested I find a cold-calling salesperson and giving him/her a healthy royalty on sales I am almost-kind-of open to this, but Im not excited about cluttering up my properties with stuff unless they the advertising will really pay off. Heres the interesting thing about this tenth revenue stream the statement from above is: Again, not a huge focus but I figure Im leaving some money on the table by not pursuing this more. So the question is should I spend my time developing this $15k-$20k revenue stream or should I focus more on other revenue streams that are worth more ?   When I listed out 2009 revenues, and 2010 projections, I was quite shocked to see that this stream is a small fraction of the others (on paper).   It made me realize if I didnt do any of this anymore, thats OKAY.   But what I do in this stream is mostly passive, so Ill just keep on doing what Im doing, and not aggressively pursuing much here (unless I can find that key salesperson who can do a great job selling advertising or sponsorships). Helpful information?   If you have an information product, have purchased one, or want to have one, what do you think makes it successful?   Share thoughts or ideas below Here is a breakdown of the revenue streams I’ve shared so far: Revenue Stream 1: JibberJobber User Upgrades Revenue Stream 2: JibberJobber Partnership Program Revenue Stream 3: Books I write Revenue Stream 4: (not announced yet) Revenue Stream 5: Professional Speaking Revenue Stream 6: Consulting Revenue Stream 7: (not announced yet) Revenue Stream 8: (not announced yet) Revenue Stream 9: Information Products Revenue Stream 10: Miscellaneous My Tenth Revenue Stream Is Miscellaneous Revenue Every Friday I sharing each of my ten revenue streams (even though I missed the last 2 Fridays, while in California and Atlanta). With this post I only have 3 left (this is #7 of 10). I’m big on diversifying personal income, whether you are an entrepreneur or an employee. My intention with this series is to inspire or encourage you with your own diverse revenue streams. Below this post you’ll see links to the previous posts, or you can click on the Multiple Streams of Income category on the left. Im not quite ready to share the other three revenue streams yet, so Ill share the most ambiguous. This could be all the rest of the stuff.   In this revenue stream I include misc stuff, which specifically includes: Writing projects. I have been paid to write stuff, from white papers to blog posts on other blogs. Affiliate revenue. This includes a few bucks here from my Happy About affiliate program, as well as other affiliate programs Ive joined. Advertising. Theoretically I might be able to make some good money from advertisers, based on the traffic I get on my sites (including this blog, the LinkedIn blog, JibberJobber the application, etc.). Realize that some people have any of these three as their main income/revenue stream, and some people make a ton of money from any of the three.   For example: Freelance writers can make six figures from writing gigs (the issues include (a) getting the gigs (and competing with all of the other writers out there) and (b) actually doing the work this is not easily scalable, which means you can only write so many hours a day/week/year. I know of some affiliate marketers who make a few thousand a month from their affiliate programs, and others who supposedly make five or six figures a month.   It sounds appealing to make money while you sleep, which is indeed possible, but it takes a lot of work and effort to make more than a hundred bucks a month.   A TON of work. Supposedly one of the top bloggers in the world, dooce.com, makes between 500k and $1M from her blog.   Im guessing most of this is in sponsorships (at least six figures).   There is only one Dooce.com, however and many wannabees.   In another space (web 2.0 tech pundit) Michael Arringtons blog supposedly makes an easy seven figures a year, but realize they have an entire team producing content, programs, etc. Below are thoughts about this revenue stream for me.   I realize I could hit this harder and make more money in any of these three, and perhaps other revenue opportunities, I count all of this as miscellaneous because Im focusing on revenue that I think is longer-lasting, and more value-add to my ultimate goals with JibberJobber and my company. Writing Projects This is hard work.   I have only taken writing projects that come to me (instead of me looking for them) the money is okay, but freelance writing is highly competitive, and for me the biggest problem is that once I get the project, I then need to carve time out to do it.   Ive become quite jealous of my time in the last year.   Based on my experience, I can make five figures a month writing, if I pursued it heavily.   Again, its a great profession, but not my focus.   And to make five figures a month you really have to hustle (in getting each contract as well as meeting the deadlines). Affiliate Revenue A few months ago I put Indeed search into JibberJobber more prominently, as well as on my blogs (if you are getting this blog post via email you wont see the Indeed search).   I can easily clear a few thousand dollars a year on this income stream alone its not a lot of money but I figure every $83/month stream adds up ($83*12 months is about $1,000/year) if I find a better thing to put in some of the places where the Indeed widgets are I might do that, but Im not actively looking to put a bunch of affiliate bling all over some blogs overdo this. I also have a number of affiliate links for books I recommend, although I have not pursued this with Amazon yet.   Funny, I figure I should make at least an additional $83/month from Amazon, but it ticks me off that they are (or were, last time I looked) only giving about 4% of the sale to their affiliates.   Happy About gives 30% (you can sign up for the Happy About affiliate program here). Again, not a huge focus but I figure Im leaving some money on the table by not pursuing this more. Advertising I met with internet marketing expert Carl Chapman last week (actually, he let me crash at the Chapman Hotel while I was in Atlanta, the entire week!), and he was convinced I should be getting a significant amount of revenue from advertisers on all of my websites (based on the traffic Im generating).   Carl suggested I find a cold-calling salesperson and giving him/her a healthy royalty on sales I am almost-kind-of open to this, but Im not excited about cluttering up my properties with stuff unless they the advertising will really pay off. Heres the interesting thing about this tenth revenue stream the statement from above is: Again, not a huge focus but I figure Im leaving some money on the table by not pursuing this more. So the question is should I spend my time developing this $15k-$20k revenue stream or should I focus more on other revenue streams that are worth more ?   When I listed out 2009 revenues, and 2010 projections, I was quite shocked to see that this stream is a small fraction of the others (on paper).   It made me realize if I didnt do any of this anymore, thats OKAY.   But what I do in this stream is mostly passive, so Ill just keep on doing what Im doing, and not aggressively pursuing much here (unless I can find that key salesperson who can do a great job selling advertising or sponsorships). Helpful information?   If you have an information product, have purchased one, or want to have one, what do you think makes it successful?   Share thoughts or ideas below Here is a breakdown of the revenue streams I’ve shared so far: Revenue Stream 1: JibberJobber User Upgrades Revenue Stream 2: JibberJobber Partnership Program Revenue Stream 3: Books I write Revenue Stream 4: (not announced yet) Revenue Stream 5: Professional Speaking Revenue Stream 6: Consulting Revenue Stream 7: (not announced yet) Revenue Stream 8: (not announced yet) Revenue Stream 9: Information Products Revenue Stream 10: Miscellaneous