I made it!

I made it! I’ve hit my earn­ings goal for Cor­ban Works!

Back in March 2009, I decided I’d start track­ing my online earn­ings, and set a goal for where I wanted to be. My gross earn­ings at the time were about $160 per week with all my sites run­ning off of a shared host­ing account. I set my goal to be 40 hours of min­i­mum wage per week (gross). At the time, this made my goal $262 per week, but in July I increased the goal to $290 to match the increase in fed­eral min­i­mum wage. To make sure I didn’t meet my goal thanks to a fluke, I decided that I had to earn this amount 4 weeks in a row.

It’s now 11 months later, and I’ve come a long way. I’ve built sev­eral more sites, paid for a major re-design of my largest site, and dropped non-performers. I’ve ditched the shared host­ing account for a ded­i­cated server at The Planet (and even had to upgrade to a big­ger ded­i­cated server due to increased traf­fic), and have earned an aver­age of $358 per week over the past 4 weeks. This is $68 per week more than my goal!

My next goal was going to be to net 40 hours of min­i­mum wage (i.e., $290 per week after expenses, such as domain reg­is­tra­tions and host­ing), but I acci­den­tally hit this goal at the same time as the orig­i­nal goal. Because of this, I’ve decided my new goal is to reach the 50% mark of the $40,000 per year I need to earn in order to quite my day job. This works out to $398.50 per week, aver­aged over the pre­vi­ous 8 weeks. Not a huge increase, but a nice round per­cent­age that I think I can hit in the near future.