Affiliate Finances

Where will your business be 5 years from now?

02.28.06

While 5 years certainly sounds like a long time (gessh, I’ll be 25 then) , there’s no reason why you shouldn’t plan that long ahead.

VOASI made a great point the other day about planning ahead.

“The internet isn’t going anywhere and you’ll always need cash. I like to tell people this: 5 years is going to come whether you like it or not. Would you rather have 500 sites in 5 years (100 a year/8 a month) that are generating $600 a day or have a few sites that you gave up on…”

If you follow a plan like that, what you’ll end up seeing is 80% of your revenue coming from 20% of your sites (the 80:20 principle). Based on that logic, let’s say I’m aiming for $100 a day with 10 sites: 2 of your sites will make $80 a day combined, while the other 8 sites will make the remaining $20 each day. You’ll never get to those big per-day earning sites if you stop at the ones that only make you a couple bucks a day (or less).

Keep building. Not for short term gains, but for long term stability.

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