November 30, 2010, 5:00 am

From $18,403 to $124,514 In A Single Year!

by: The Financial Blogger    Category: Make Money Online

For the very first time in my life, I am happy to pay taxes. I mean REALLY happy! Because when you pay taxes, it means something; it means that you are making money. So the more you have to pay, the more you made (and at one point, you tire of paying taxes and optimize your taxation structure to keep more money and pay less taxes 😉 ).

I just got my financial statements for the year 2010 (our company’s fiscal year ends on June 30th). When I got the envelope from my accountant, I was all excited. I pulled out the report and jumped to the revenue line. And this year, we made the big total of $124,514 in income. This is a huge step since during our previous year (our first full year of activity) we made a *small* $18,403. This shows how profitable the web can be.

The tricky part

We have tons of projects. But the trick is that we now have the manpower and the money to start several of them. I’d say that it is a tricky part since it would be tempting to spend our money blindly thinking that we will simply make more. In fact, after the sale of Gather Little By Little last February, we waited a while before making any significant moves. We wanted to make sure that we were on the right track… this led us to buy The Dividend Guy Blog back in July 2010.

The strength of our financial network brings more than 100,000 unique visitors per month and generates a steady $7,000 monthly income stream. (I know, 7K/month doesn’t add up to $124K in income but we had several spikes during the past 12 months and I prefer working with what I consider to be a “recurring” income stream.) Our range of possibilities has been opened wide. We now discuss weekly which project we want to start next as our money is sleeping in a bank account. However, this situation won’t stay as is for a long time..

The next step

We have had several unsuccessful experiences in hiring virtual assistants that live very far away from us. I guess that it was due in part caused by our ignorance of how to manage them properly and the fact that we are evolving in a niche market that requires a high level of knowledge.

We recently moved toward North America manpower and found 2 great VAs. We already have MD posting once a week on The Financial Blogger (and doing a humongous amount of work  behind the scenes) and we are hiring our first full time employee this week. Since we have several projects on ice right now and we are not ready to quit our jobs (yet), we thought of having someone full time that I can train to become my brain extension ;-). I’ll talk more about my first employee in the upcoming weeks as this topic deserves a series of post by itself.

Among our projects we want to put in place this year, we have:

#1 Buy another website

We have enough money (and funding) to buy another significant website. So we are currently asking a few people around what are their thoughts about selling their blog. Since blogs could quickly become a pain for someone who loses their passion for it, we think we may find some people interested in selling.

#2 Create 1 or 2 ebooks

The next step in making money online is obviously creating your own product. But I don’t want to create a product just for the sake of it. I want to do something that will be helpful. Right now, I am thinking of my fellow blogger Mike Holman who wrote the RESP Book. He is surely making money with it, and it is because he helps people by providing very helpful information on  RESPs. This is what I want to do. I want to offer you stuff that you want, that you need and that you will be able to use.

#3 Grow DoNotWait! into a well known blog

We are still working on the calculators and other resources for this website. The launch was a success and we already have a good reader base. We just want to promote the site so it becomes as big as our other finance blogs.

#4 Create a niche website

This idea is taking more and more space in my mind lately. This has something to do with the reading of Affiliate Marketing for Beginners by Corbett Barr (part of the 23 online business guide for $97 promo) and I have been listening to a Pod Cast from Smart Passive Income author Pat Flynn and I seriously think that I am up for the challenge. This won’t affect my blogging business and it would create a diversification in my income stream. Most importantly, after investing the right amount of work, it will create truely passive income. Since I drive 2 hours a day back and forth for work, I have a lot of time to listen to the Pod Cast and think about this project ;-).

This is not an overnight success story

For those who read this and think it’s easy; making money online is very hard. The thing is that you need to keep the faith and be able to push the wheel until it starts spinning. Now you see how much I make and it seems very cool. But I have to tell you that we made less than $5,000 in 2008, only $18,000 in 2009 and this was while working even more hours than we are now.

As I say at my day job: “THERE ARE NO FREE LUNCHES IN LIFE”, if you want something, you will have to work pretty hard for it. Good luck in all your projects!

image credit

If you liked this articles, you might want to sign for my FULL RSS FEEDS. Then, you will get my daily post to your email and can read it at any time. To subscribe CLICK HERE

Comments: 72 Read More

Related Post

November 29, 2010, 9:52 am

TFB 4th Anniversary – Who Wants An IPAD?

by: The Financial Blogger    Category: Make Money Online

Man, I just can’t believe it… it’s been 4 years already! Back in 2006, I was all alone on TFB, writing 3-4 times a week with no readers (besides myself and a few lost souls 😉 ). Now, I have tons of readers, tons of traffic and TFB has become my strongest brand of my online company. How cool is that?

Well it’s all cool because of YOU! Yup, I’m talking about YOU; the guy who reads my blog at work with his coffee, YOU; the girl who gets my newsletter in her iPhone and YOU my friends who is reading me each morning wondering where I will get today with my stories.

1 Contest 2 GREAT Prizes

As always, I’m hosting a giveaway for all of you. Since the DoNotWait! Launch was a great success because we were giving away an iPad, I thought of doing the same thing here at The Financial Blogger.

So the first prize is a 64GB Wifi iPad (Value of $799)

The 2nd prize is 3 set of 23 Online Business Guides (Value of $1052 each!!!)

Since I’m building an online company, I thought of giving a huge help to any bloggers who wants to make it and earn some serious money. I got access to a special offer where you can buy the whole package of 23 online business guides written by professional bloggers only for the very small price of $97! If you want to learn more about this offer, read my article about this 72 hours only deal HERE.

I seriously think those books are a must if you want to succeed online. The competition is heavier and having access to all those great brains at the same time will constitute a great hedge in your blogging career. So I will be giving away 3 packages myself or I will reimburse your $97 if you’ve benefit from this great deal already.

How to participate?

As usual, there are several ways to participate:

#1      25 ENTRIES – Buy The 23 Online Business Guides for $97 Since I truly believe that the package of 23 online business courses is a must, I’m giving extra entries to those who will forward me their email receipt by email.

#2      5 ENTRIES – Retweet this contest by using:

@financialblgr TFB 4th anniversary – Win a #ipad #YPRomoGroup

Help promoting the contest to anyone you know via Twitter!

#3      5 ENTRIES – Follow Me on Twitter :

#4      5 ENTRIES – Subscribe to any of my mailing list (5 entries EACH!) If you are already a subscriber, you name is already in the hat 😉

The Financial Blogger Mailing List

The Dividend Guy Blog Mailing List

Do Not Wait Mailing List

Intelligent Speculator Mailing List

#5      5 ENTRIES – Comment on this blog and tell me what you want to read for the upcoming year. Tell me about which topic you want me to cover or specific article you want me to write about.

It’s been a great adventure so far and I really wish I will be able to share it with you for many years to come! Thx again for being such great supporters!

If you liked this articles, you might want to sign for my FULL RSS FEEDS. Then, you will get my daily post to your email and can read it at any time. To subscribe CLICK HERE

Comments: 92 Read More

Related Post

November 29, 2010, 9:50 am

Want to Become a Successful Blogger Making Real Money – You Gotta Read This

by: The Financial Blogger    Category: Make Money Online



Watch Out, this is a limited time offer, you have only 72 hours to take advantage of this deal! It expires on December 2nd at 10am ESTAs I have mentioned before on The Financial Blogger, I’m taking majors steps this year to create and grow a passive source of income through my blogs. Today, I’m offering you a chance to elevate your blog to another level with truthfully inspiring guides to online businesses.

Instead of talking about one method or a single product, I have been able to get a huge promotion going for this CyberMonday:

Get 23 Courses for less than 5 bucks each!

These are high quality guides

  1. I have read some of them
  2. They are written by Bloggers making full-time money online
  3. You can make good money by applying business blogging rules from the brightest minds in the blogosphere

This is not a BS offer

  1. Prices are not inflated (look at each of these blogger’s websites, the value is real)
  2. For $97, you get 23 quality proven guides
  3. Bloggers who contributed to this offer sell their products on their websites

Making way more money by investing only $97

As an affiliate, I used the opportunity to get all these guides myself (and YES I paid the $97 upfront!). There is so much high quality content; many of these courses have benefited my business personally as I used their tips right away. Even if you get something out of one book, you will have gotten a great deal.

I presently assess that my $97 investment will return at least $1,000 over the first 3 months.

Review of your investment:

You want to know what you will get for your bucks? Plenty of great guide! Click here to view more details


Unconventional Guide to Working For Yourself by Chris Guillebeau ($79)

  • Unconventional Guide to Working For Yourself (53-page PDF)
  • 3 25-minute of audio teaching sessions
  • SEO Report (26-page PDF)

The Essential Motivation Handbook by Leo Babauta & Eric Hamm ($15)

  • The Essential Motivation Handbook (PDF)

True Strengths + The Metrics of Ease by Danielle LaPorte ($20)

  • True Strengths + The Metrics of Ease – Sample Chapter from the Fire Starter Sessions (PDF)
  • Video: The Metrics of Ease
  • Video: The Merits of Self-Centered
  • Worksheet: Passion Play
  • Worksheet: Very Strong Priorities

Upsell 101 by Naomi Dunford & Dave Navarro ($77)

  • Normally only available to buyers of How to Launch the S*%& Out of Your eBook
  • 78-minute audio coaching session
  • 11 Upsell Worksheets (PDF & DOC)

Websites That Sell Webinar by Laura Roeder ($47)

  • Normally available only to buyers of Zero to Website course
  • Special access to 1-hour Webinar

Guest Posting Guide by Chris Garrett ($17)

  • Special access to Guest Posting Info membership site
  • Downloadable Guest Posting Workbook (PDF)
  • “Kick start” video
  • Guest posting checklist and flowchart

3-Day Money by David Risley ($47)

  • 14 Video presentations (2.5+ hours)
  • Full written transcripts for each lesson (PDF)
  • Audio files for each lesson (MP3)
  • Step-by-step Worksheet

Email Triage + 2011 Premium Planners by Charlie Gilkey ($32)

  • Email Triage (PDF)
  • Guided Audio Program (MP3)
  • 2011 Premium Action Planners
  • 2011 Premium Freelancer Planners
  • 2011 Premium Blog Planners

Location Independent Lifestyle Guide by Lea Woodward ($37)

  • Location Independent Lifestyle Guide – 2nd Edition (82-page PDF)
  • Do-It-Yourself Design & Branding Guide for Bootstrapping Businesses (78-page PDF)

Zero to Business by Johnny B. Truant

  • Special membership to full Zero to Business course
  • 30+ screen-capture tutorial videos
  • Step-by-step screenshot technical instruction

Write for the Web + Beyond Bricks and Mortar by James Chartrand ($54)

  • Write for the Web (89-page PDF)
  • Beyond Bricks and Mortar (47-page PDF)

Reclaim Your Dreams by Jonathan Mead ($47)

  • Reclaim Your Dreams – “Everything Package” (70-page PDF)
  • “I’m Serious About Action” Worksheets

How to Live Anywhere by Karol Gajda ($97)

  • How to Live Anywhere – Long Haul Edition (58-Page PDF)
  • Anatomy of a 4 Figure Affiliate Promotion (PDF)
  • 10 Audio Interviews (MP3)
  • How To Live Anywhere Audio Series (8 MP3s)
  • “Create Freedom” Teleseminar (Video)

Minimalist Business by Everett Bogue ($47)

  • Minimalist Business – Upgraded “Minimalist Plan” Version (PDF)
  • 30-Day Quick Start Guide

Affiliate Marketing for Beginners by Corbett Barr ($77)

  • Special access to Affiliate Marketing for Beginners – “Complete Course”
  • 5 Core Teaching Modules
  • 21 Affiliate Lessons
  • 2 Profitable Case Studies

Beyond Blogging by Nathan Hangen ($47)

  • Beyond Blogging (200-page PDF)
  • 15 Blogger Case Studies
  • “100k Blueprint” Summary

Smalltopia by Tammy Strobel ($27)

  • Smalltopia: A Practical Guide to Working for Yourself (156-page PDF)

Guest Post Secrets by Erica Douglass ($77)

  • Special access to Guest Post Secret membership site
  • 3 core Guest Post training videos
  • Full transcripts for each video (PDF)
  • Email Scripts
  • Bonus Videos: Online Workshop Recording & How to Deal with Rejection

How to Network Fast by Jade Craven ($44)

  • The Guest Posting Mini-Guide (PDF)
  • The Twitter Mini-Guide (PDF)
  • The Blog Commenting Mini-Guide (PDF)
  • The Affiliate Mini-Guide (PDF)

Networking Awesomely by Colin Wright ($20)

  • Networking Awesomely (PDF)

Article Marketing Traffic Booster by Henri Junttila ($47)

  • Article Marketing Traffic Booster (110 -page PDF)
  • 6 How-to Videos
  • Bonus Audio Affiliate Interview
  • 3 Content Worksheets



On top of all this, $5 from this sale is going to Charity Water

From their website:

“Charity: water is a non-profit organization bringing clean and safe drinking water to people in developing nations.


It’s hard not to think about water today. In the western world, we face growing concerns about our stewardship of the world’s most precious resource. There’s talk of shortages, evidence of reservoirs and aquifers drying up, and of course, plenty of people who simply don’t care.”



Wait! There is More!

What, you don’t know yet? I’m giving away an iPad for my site’s 4th anniversary. Buy the 23 guides for $97 NOW and get 25 entries for the iPad contest. Remember, the offer expires on December 2nd at 10am EST


If you liked this articles, you might want to sign for my FULL RSS FEEDS. Then, you will get my daily post to your email and can read it at any time. To subscribe CLICK HERE

Comments: 4 Read More

Related Post

November 26, 2010, 6:00 am

Yakezie Link Time

by: MD    Category: Financial Rambling

This week at The Financial Blogger we took a look the idea of looking for the perfect job. Are you happy with your current job? Or do you want to switch careers? Either way, the idea of the “perfect job” is always an interesting one. Everyone is always waiting for Friday and dreading Monday. Why does this occur? We would love for you guys to share your thoughts on this.

In the mean time, hopefully you guys can check out the best articles from the Yakezie bunch:

1. Learn From Prince William & Kate’s Reasonably Priced Royal Wedding @ Financial Samurai.

2. Making changes @ Early Retirement Extreme.

3. Are Canadian American Express Cards Better? @ Canadian Finance Blog.

4. Why Doing Lines on Black Friday Isn’t All It’s Cracked Up to Be @ Len Penzo.

5. 102 Adventurers, Pestilence, A Mysterious Native American and Providence @ PF By The Book.

6. Is Black Friday Worth It? @ Sweating The Big Stuff.

7. Do You Actually Know How Much Money You Spend Per Year? @ MJTM.

8. Read This Before You Hire a Financial Advisor @ Financially Poor.

9. How To Diversify Your Income @ Money Green Life.

10. 11 Inexpensive and Unique Stocking Stuffer Ideas @ Frugal Confessions.

11. Scrooge Had The Right Idea @ Control Your Cash.

12. Manage Money Like A Politician @ Deliver Away Debt.

13. What is Term Life Insurance? @ Wealth Pilgrim.

14. Think Long Term When Shopping Black Friday and Cyber Monday @ Free From Broke.

15. Consumerism Commentary Matching Charitable Donations for Thanksgiving @ Consumerism Commentary.

If you liked this articles, you might want to sign for my FULL RSS FEEDS. Then, you will get my daily post to your email and can read it at any time. To subscribe CLICK HERE

Comments: 5 Read More

Related Post

November 25, 2010, 6:00 am

How You Can Save Money This Black Friday

by: MD    Category: Personal Finance

Shopping This Black Friday

The time is upon us. Black Friday is so close. All of the American readers (and Canadians that plan on crossing over) are excited about some of shopping deals that are going to come up this Friday. It might finally be time that you get that new jacket, that new plasma TV, or the newest iPhone, that you’ve had your eye on for the past few months. If you have the money saved up and are excited about doing some shopping this weekend, allow me to assist you with your Black Friday shopping with a few quick tips:

Plan ahead.

Going out to the mall to walk around could be very dangerous if you’re not a savvy shopper. There’s not a more tempting work in the English language than the word, “sale.” Just the fact that something is on sale is not a strong enough reason to make the purchase. If you buy everything that’s on an “amazing sale,” then you’re going to be going home with a packed car (or van). It’s critical that you understand what you’re looking for before you decide to step foot into the mall. Remember that Black Friday is your chance to snag up those Christmas gifts for loved ones on your list or to make purchases that you’ve been waiting to make for a long time.

Use the internet to your advantage.

You can take advantage of the internet in a variety of ways this Black Friday. Don’t let the long line ups in store and the headache of finding a parking spot at the mall prevent you from taking advantage of some great deals. A few ways the internet can benefit you with your shopping are:

Discount codes.

Discount codes all over the place. Every time that I go online I find discount codes for various retailers. Now the big question is: how can discount codes help me? The way I see it is that saving a few dollars here and there is always beneficial. Whether you find a certain percentage discount or a deal that you may have not heard of, you will still be better off.

Free shipping.

Why pay for shipping? Gone are the days where shipping costs take up a significant chunk of the final price paid. This holiday shopping weekend you need to use the internet to find as much free shipping as possible. The best part is that most sites will offer free shipping as they compete with each other.

Comparison shopping.

Comparing prices can be a bit difficult when the mall is completely rammed and you’re having difficulty just getting around the store that you’re already in. You can use the internet this Black Friday to compare prices between retailers to see where the best prices can be found. This way you can save even more money than the average Black Friday shopper.

Take advantage of Cyber Monday.

Since we brought up the internet, let’s talk about Cyber Monday. Those with a family or with obligations won’t exactly be able to stand outside at 2 in the morning waiting with the other maniacs. Many of you reading this either don’t have the patience to wait in line all night & day or simply hate going to malls. This is why you can save money altogether by avoiding the Black Friday rush and holding out for Cyber Monday.

What do you think? How do you plan on saving money this holiday shopping weekend?

(photo credit: Jason Tester)

If you liked this articles, you might want to sign for my FULL RSS FEEDS. Then, you will get my daily post to your email and can read it at any time. To subscribe CLICK HERE

Comment: 1 Read More

Related Post