Happy New Year! Goals for 2008

Photo by MarkNick

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I’m not one to make resolutions, those generally useless promises to oneself that one will make certain changes in a new year. But I do like to set goals for myself. These are some of my goals for 2008:

1. Generate $100 per day in mostly passive income. I wrote last year that my family could get by on about $66 per day, but that gives us no cushion, no room for emergencies, no ability to save, and no extra spending for luxuries. $100 per day brings us to a more comfortable position It’s still not enough for everything we want, but $100 per day fills our needs and wouldn’t be scary as hell. I’m still not sure I’d quit my day job if that’s all I was making, but it would be very realistic if I chose to do so.

2. Reach 1000 RSS subscribers. In the first 3.5 months this blog was online, I went from 0 to 70′ish subscribers, and in the nearly two months I didn’t post a single new entry, that increased to over 110. If I maintain the business-building focus of my featured articles, and post more consistently I don’t foresee this being a problem.

3. Complete the framework for my collection of Build a Niche Store sites. This includes a new blog about BANS and eBay marketing, separate from this blog. That blog will focus very tightly on using the software to build niche stores, development of themes for BANS, and building an eBay-based business. I’ve done a lot of work with BANS recently, but selling stuff on eBay is still new to me, so there will be a lot of learning involved here.

4. Comment on more blogs. I read a lot of blogs, but rarely comment. Usually just because I don’t want to spend time typing, even when I think I have something worth saying. That should come to an end.

5. Continue to spend lots of quality time with my girls and my wife. Life’s not just about making money online, ya know?