A number of the blogs I read are participating in a $30k Challenge. In it, not only are they pledging to earn $30,000 blogging this year, but they are racing to see who is the first to reach that milestone. Now, that’s a bit out of my range, so I’m aiming at a lower target, while still being a stretch. I am introducing the $3000 challenge.
Like it’s bigger brother, the 3k challenge is a pledge to earn that much money online in 2012. Unlike 30k, I’m not going to limit it to blogging, since, frankly, blogging income isn’t going to be a 10th of my potential compared to the publishing business I’ve started.
I chose $3000 for this challenge because 1) it was similar to the $30,000 challenge with one less zero and 2) it is roughly the gap between what my current budget allows me to pay towards my credit card debt and what it would take to pay off said credit card debt.
To make things more interesting: I’m going to make this a race as well. I’m opening up the $3k challenge to other small time bloggers (see requirements below). The first person to reach $3000 will receive a $50 Amazon gift card. While I won’t be eligible to win (what would be the point of competing for my own money?), I will post updates as if I were competing.
- Only online income sources will be counted. Things like online advertising, affiliate links, paid blogging gigs, and online sales count. Using a website to advertise an off-line service, like cleaning or taxi, doesn’t. Online services are allowed, as long as prices are under $100 and that selling that service isn’t the primary focus of the site.
- You can have as many websites as you want, but none can have more than 1000 monthly visitors in December 2011. This is contest is for small-timers and those just getting started.
- For inclusion in this contest, you must post a comment on this post with your name (or psuedonym), how you plan to make your money, and a link to at least 1 blog you own. For added link love, you can include all your sites. But you must have at least 1 blog, for the reason below.
- At least once per quarter, you must post an update on your earnings as a comment to my updates on this blog. It can be as simple as listing your revenue streams and how much money they made. Deadlines for these posts are April 1, July 1, October 1, and January 1, 2013. My posts will be live about a week before those dates, so you will have a week to get your comments up.
- If nobody reaches the goal (booooo!), the person who made the most by the end of the year will receive a $25 Amazon gift card as a concession prize.
If I were competing, this would be my entry:
My name is Edward Antrobus and I write this blog (http://www.www.edwardantrobus.com) and a cooking blog for beginning cooks, called If You Can Read, You Can Cook (http://www.ifyoucanread.com) and also own a brand-new e-commerce site for ebooks called SEAM Publishing (http://www.seampublishing.com). I plan on making my money with online advertising via Google AdSense and the Foodie Blogroll Publisher Program, Amazon Affiliate links to books I review here, selling ebooks on SEAM Publishing, and doing ebook file conversions as SEAM Publishing (prices are per page, but most will cost under $30).