I keep coming up with ideas for earning self employed income, but I have failed to take any action on them. I recently read a post by Pat, Smart Passive Income, where he recommends making a list of projects and then prioritizing them. I’m hoping this strategy helps me get started on some of these projects. Getting started is half the battle. Here’s my list, in no particular order:
As far as prioritizing, I should probably start with affiliate marketing campaigns and the sports drink. Both of those are ready to start with minimal to no start up costs. They also should produce some income, even if it’s only minimal, rather quickly.
The method of the affiliate marketing makes it possible to work on them in little bits while working on other projects. After I get my first affiliate marketing campaign up and running, I will start working with my Dad to market the sports drink. In my down time, I will continue working on new affiliate marketing campaigns.
Once the sports drink project is started and on auto pilot, I will start working on the ideas to products ebook. After that is completed, I will work on my academic subject tests ebooks. I might be able to get a head start on them while the ideas to products ebook is progressing as my Dad will be developing the content.
Finally, once everything is going, I hope to have time to work on my fantasy sports membership site. I might have to keep this on the back burner until I make enough money to quit my full time job, which is becoming more and more a goal of mine. I just hate not being my own boss.
I will continue posting on this blog whenever I do some kind of interesting personal finance maneuver. I will also post about my self employed ventures and my monthly updates.
I hope this list provided an example of a way to organize and prioritize projects. It can seem overwhelming when you have a lot of projects and you don’t know where to start. Start with a list.
- Double the Taxes for Self Employed Income and Social Security Wage Limits
- Goals Update for End of June 2009
- Update On My Self Employed Income Projects
- Book Review: The Little Book of Common Sense Investing
- Back to the CVS and Walgreens Games