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How much do you spend in relation to what you earn???

Discussion in 'General Business' started by TCR, Mar 16, 2006.

  1. #1
    I was just wondering...and by what means? Adwords? Yahoo marketing? And for how long??
     
    TCR, Mar 16, 2006 IP
  2. capebretoner

    capebretoner Well-Known Member

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    #2
    Too much, I have taken the majority of the this month off, decided to work half as hard and see what happens. What I have found is that I make the same :)

    What I was doing when I thought I was working was nothing, now that I have a fixed amount of time I get more relevant things done. Every Saturday morning I make a list of things that I want to accomplish in the next week and work no more than 10 hours. I am still not making what I think that I need to , to make it worth the time, but I think that it is a great hobby and a way to make some drinking money :D
     
    capebretoner, Mar 16, 2006 IP
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  3. almond

    almond Well-Known Member

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    #3
    do you mean time or money?
     
    almond, Mar 20, 2006 IP
  4. Subzero

    Subzero Well-Known Member

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    #4
    Don't spend anything, re-invest all
     
    Subzero, Mar 20, 2006 IP
  5. larysmith711

    larysmith711 Notable Member

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    #5
    Adwords or Yahoo Marketing is a re-investment if done the right way.
     
    larysmith711, Mar 21, 2006 IP
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  6. capebretoner

    capebretoner Well-Known Member

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    #6
    Actually if we are talking money, well I make about enough to pay for the costs of my sites in advertising, server, etc....

    With ehough left over to have a good number of beers twice a month or so ;)
     
    capebretoner, Mar 21, 2006 IP
  7. nsusa

    nsusa Peon

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    #7
    Cost of running my business is currently at about 25%-30% of the revenue it makes at the same time. I am re-investing most of the profit or put it into the bank for day X when I quit my job to work full-time for myself.

    Christoph
     
    nsusa, Mar 21, 2006 IP
  8. accentnepal

    accentnepal Peon

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    #8
    The amount you spend vs the amount you receive is not the whole story. what if you sold rather expensive items and made 5%. Bad deal ?? Not if you sold them very quickly.

    OK, what if you sold items at 10 times your cost?? - if your cost is 2 cents and you do not sell thousands then you do not make much.

    (cost + labor) X markup X speed
     
    accentnepal, Mar 21, 2006 IP
  9. cpucandy

    cpucandy Peon

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    #9
    Absolutely. I just keep reinvesting the money that I earn to build up the business.

     
    cpucandy, Mar 22, 2006 IP
  10. Webase

    Webase Peon

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    #10
    Where should I invest the cash I earn from my Yahoo Publisher? Tips?
     
    Webase, Mar 23, 2006 IP
  11. TheNetCode

    TheNetCode Peon

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    #11
    Earmark a specific amount each month to put back into improving your site and advertising. This is simple reinvesting in your business. I tend to reinvest 50% of all revenue from a new site back into further improvements and promotion. After the traffic becomes viral I slowly take it down to 10% of the income and leave it there.

    As for the rest well that is up to you.
     
    TheNetCode, Mar 23, 2006 IP
  12. Webase

    Webase Peon

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    #12
    If I invest on Overture (as I'm on Yahoo), do you think I'll end earning more than what I invested on the publishing?
     
    Webase, Mar 23, 2006 IP
  13. TheNetCode

    TheNetCode Peon

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    #13
    This all depends on your site niche. Some people payout $5000 per month to make $5000 per month profit. So is it worth it. To them it is. That is a good profit return. You have to be able to get the advertising going and afford the budget if it does not work for you though.
     
    TheNetCode, Mar 23, 2006 IP
  14. Blitz

    Blitz Well-Known Member

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    #14
    About 99% of what I make is profit, I have a good unique advertising method in place. To be honest, I base my sites around how I can advertise a lot of the time, if I notice good advertising opportunities, then I'll build my site around that, not the other way round.
     
    Blitz, Mar 23, 2006 IP
  15. JoshD

    JoshD Peon

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    #15
    We spend about 10k a month in expense so probably about 40%
     
    JoshD, Mar 23, 2006 IP
  16. rado_guy

    rado_guy Peon

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    #16
    i spent zero and earned #7.19 :D
     
    rado_guy, Mar 24, 2006 IP