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Working for Yourself – Being your own Boss is so exciting!

For the very first time since the history of The Financial blogger [1], I am writing my post live as I don’t have any articles written for this week! So here I am, Monday morning, in the bus to Montreal, writing on tomorrow’s post. I just survived my MBA exams [2] and I must say it was quite a ride this time.

I am quite excited (and exhausted!) this morning as I am doing something very different than the other day. I still woke up at 5h30 and I am still in a bus heading Montreal as usual. However, I do not wear a tie nor a suit… Jeans and t-shirt for this week! Can I walk in my branch dress like this and meet clients? Nope! I said I was doing completely different today; I took a week off to work on my internet company [3].

Since I have more days of vacation than my wife, my partner and I decided to take a full week to work on our stuff. We have been planning this project for 2 months now. As we certainly didn’t want to simply hang around, drink beer and play on our computers, we created a complete schedule for the whole week.

You actually won’t notice any difference on this blog (a part from the fact that I will be writing about what we are doing this week), however, we will work on different other “mini-sites” that may become as big as TFB one day.

When I started blogging 2 years ago, I thought I would be able to earn money from the web. Most people told me (and still believe) that it is almost impossible and that I would be lucky if I ever earn $500 a month out of blogs. The truth is that we are now earning more than $500 with TFB alone and we have several other projects on the side.

After 12 months of activity (we started our company on March 2007), M35 is now paying for a few bills such as internet and my black berry and I was able to go to a Spa during the Holidays. I also recently received a 5% dividend (based on my initial investment from last year). Not bad when the market is plunging, huh?

During this week, we will try to do several things including:

– optimizing our existing websites in term of traffic and monetization

– creating a weekly schedule we will follow during the upcoming year for promotion and content creation

– creating new websites and resources for readers

– thinking about our future projects and acquisitions

It’s funny because I am actually going to work the whole week, without pressure and I will probably have a blast doing it. I was recently writing about the rat race and how I want to get out of it [4].. This is a good example of how! So this week only, I’ll write about my web projects and tell you a little bit more about what we are doing, our hopes, our successes and our mistakes.

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8 Comments (Open | Close)

8 Comments To "Working for Yourself – Being your own Boss is so exciting!"

#1 Comment By CanadianFinance On March 10, 2009 @ 11:54 am

TFB, looking forward to these posts! I started my blog 6 weeks ago and have been enjoying it so far. Looking for site optimization tips or other ideas for income on the internet.

#2 Comment By The Financial Blogger On March 10, 2009 @ 7:17 pm

Canadian Finance;
Welcome to the blogosphere!
Unfortunately, I did not prepare a series on site optimization or monetization so far. The upcoming posts will be about what you need to start and how to prepare yourself 😉

I might write more about it later on thought…

In the meantime, if you have any questions, don’t hesitate to contact me at thefinancialblogger @ gmail dot com.



#3 Comment By IS On March 10, 2009 @ 7:25 pm

Awesome post TFB!!! Hope things work out for you, can’t wait for the next few posts:)

#4 Comment By Amey On March 10, 2009 @ 7:43 pm

Just reading this is getting me pumped to do some more things for my projects.

#5 Comment By CD Rates Blog On March 11, 2009 @ 4:12 pm

And it can be done. Our site does quite well. The Ad revenue is usually around $1000/mo. and then we have a service that does very well.

I’ve often wondered if we offered free info, if the ad revenue would pick-up and make up for the “lost” sales on the service side.

Any thoughts,
cd :O)

#6 Comment By The Financial Blogger On March 11, 2009 @ 7:13 pm

CD Rates Blog;
I would say it depends on how much you get from your paid info and how much it really worth (are you selling too high or not high enough).

Good content definitely drives traffic. If you have already good traffic, then, I guess you are better off making money from advertisement and your services 😉

#7 Pingback By Linkstuff March 13 On March 13, 2009 @ 9:22 am

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#8 Comment By Dori On May 30, 2009 @ 6:57 pm

I have been my own boss for seven years now and I don’t find it exciting; I wish it were exciting. Maybe I am in the wrong business. Thanks for your article.