subject: Online Business How To Reinvest For Success & Long Term Growth! [print this page] I like use a 10% rule on ALL of my earnings, regardless of where they come from, how much I made and how much it took to make it! My 10% rule is pretty basic I start by paying myself 10%. ALWAYS pay yourself first! Always pay YOU first. After you pay yourself, you need to put 10% aside for new business and 10% aside for reinvesting into the existing business. This methodology will fill all 4 buckets you need to survive and thrive! For this example I am not going to name the actual site, but will use exact numbers of how I will reinvest in it!
Site: notgonnatellyou(DOT)com
Age: 13 Months
February 2010 Earnings: $580
Paid to Me: $58 in Bucket 1 aka Dinner!
Paid to Business: $58 in Bucket 2 aka for NEW domains, plugins, software, themes, etc.
Reinvest: $58 in bucket 3 aka for The Specific site Maintenance and Marketing
Profit: $406 in bucket 4 aka gas in the car, heating bills, etc.
See how that works? Pretty simple for this case I am going to pay myself and my business 10% each, then drop 10% back into new content and/or marketing for the site, and whatever is left over, well that goes to Kim!
First and foremost I know someone is thinking it $580 after 13 months, well, that sucks. Please you keep on thinking that and chasing down the bigger fish! This 88 page website takes about 2-3 hours a month to maintain, and aside from what I explain now, I will forget about it for the rest of that month! $408/3 = $136 per hour.
So Where does Reinvesting $58 Get Me? $8/ea gets me (6) totally unique and professionally written 300-350 word articles from TextBroker(dot)com.Make sure you tell him I sent you and that you want the Mark Hansen rate! $10 more, gets me (1) totally unique 500 or so, word article used for distribution to 10-12 different article directories. Yes, the same article to all of them on the same day! There you have my entire Maintain and Market strategy for a mostly-passive income site! :-) I should write an ebook that covers that entire thing and charge $29 for it! Here it is Earn, Pay Myself, Reinvest, Maintain, Market, Repeat! 6 months ago the same site only earned $110 and I only added 2 new articles that month! One on the site and one to article directories!
- After you get the new articles from Rob at Textbroker, you add them to your site (aka copy/cut/paste), and preset the post dates at random times and dates, 3-6 days apart in this case, but spread out for the number you are adding. Add a few images to make them prettier, optimize the individual pages for 3-5 phrases, and walk away.
- After the 500 word article comes in you post it to the 10-12 top article directories and again, move on until next month! Instead of having a spin-gasm over the latest-greatest article spinner on the market and ripping off 50 copies a week for backlinks, walk away from it!
The benefit of article marketing has nothing to do with how many human-looking-spun-article-backlinks you can get from the article directories themselves its about how many quality websites pick up youre great article and use it on their own site! Think about it
I have a few article marketing posts written, just waiting to be finished and published. Once I finish up a few others that I neglected to complete I will push them out.
This article explained how to reinvest in your business. It covered the following information: using 10% rule, reinvestment process.
