Ordinary Internet Marketer

This journal is about my adventure into earning a living online. It is inspired by Willie Crawford and will be about internet marketing and how I implement plans I keep reading about in various forums and email newsletters

Name: Bob an Ordinary Inernet Marketer

Wednesday, April 11, 2007

Rethinking Where I Need To Go

This week I have really been thinking about all I have not done.  I am rethinking where I need to go with my online efforts. 

First I need to increase my Ebay activity so that my main source of income increases.  This needs to be a change from the way I have been doing things in the past.  Maybe I need to sell off wholesale lots of items instead of individual pieces. 

Selling digital products on Ebay is how a lot of people are making extra cash.  I understand some are doing very well at it.  This is another avenue I could follow.  This would combine my current Ebay abilities with internet marketing products.

Yesterday I had another windfall day on Ebay.  To just get by I need to make $100 a day on Ebay.  That in addition to my retirement check pay the bills with a little to spare. Yesterday I made almost a weeks wage in one day. 

My problem is this is all coming from old inventory that I cannot duplicate and keep doing over and over.  Often my items are $10, but we still have some that go for $100, $500 and just once in a while more.  The trouble is I do not know which items those are until someone starts bidding. 

Our Ebay business is interesting to say the least.  It earns our living, but it needs to be revamped.  We need to improve it so we get ahead far enough to take time for other internet marketing endeavors.

Monday, April 9, 2007

Tax Time For Me

I wish I could pay $100,000 in taxes.  Yes, it is tax time for me. The more taxes I pay, the happier I am.  CRAZY?  NO!  The more you make the more you pay.  MAKE, is the key there. To pay $100,000 in taxes yo have to make a lot of money.

My plan was to get my taxes done early, but as always, here is is 8 days until they are due and I just started yesterday.  Luckily I use TurboxTax for my taxes and it makes it much simpler.  I do not have complicated taxes.  I have income, expenses and that's about it. I do not claim interest payments since I do not have any.  I do not own a home.  My taxes are simple and fast to file.

OK, today is April 9th and I officially declare my $10,000 in 90 days a TOTAL bust.  I did not even get started.  My mental blocks kept me from doing anything.  I was hoping a challenge like this would make me overcome my situation. It did not.

HOWEVER, this challenge has been very enlightening.  I have seen my demons at work and knowing them makes it a little easier for me to plan how I am going to conquer them. 

My lack of activity is ridiculous, but it is a fact.  I have all kinds of reasons (excuses) for not doing anything, but none of them hold water in the light of day. 

So, what is my plan now?  I am going to set some small goals for this month.  I am going to work at accomplishing those.  When I get the little ones going, I can add more little ones and work at them. At some point the big goal will just naturally fall in place.

I am an eternal optimist.  I believe I can do this. I believe I can do anything I set my mind to.  I know success is available any time I choose to embrace it. 

Bottom line is that I did virtually nothing with internet marketing, but my Ebay sales got some very nice extra income that I normally do not get.  Also, I have begun making more headway in getting my Ebay sales more consistent. 

I cannot say this challenge was a failure. I was forced to focus on what I am doing and it improved my business.  I made at least $6000 over what I would have normally made in the same period of time.  I am not sure where the money is.  OH, my two landlords have most of it.   I am really over my head with rent.