Tuesday, December 29, 2009

New Year - New Progress

This coming year should be interesting. I am hoping to start it off with a good push. I am starting off the year with a car-flipping deal, much like the one I pulled in the past. This time, however, I am purchasing the car and intend to drive it around while I take my time and attempt to get a decent profit. Unlike the last deal, I do not already have a buyer in mind.

I have also spent the last few months drumming up some income ideas, several pages worth, in fact. I know many of them will dud-out and not make income, but the more I come up with, the more likely I am to have a big hitter. I obviously cannot do them all at once so I must implement them one at a time and see how it goes. Since many of them involve little to no physical parts, it won't be a huge loss if they don't work out. Still, one likes to see progress in all they do, right?

I need to adjust my monthly income program a bit. I initially said I wanted to make $30 a month as a starting point in residual income. I actually had that going with the vending machines I have. I just was not separating that income into a monthly cashflow. I have since decided to do so. So my next goal will be a measly $50 a month. A small increase, but $50 gives a common round number to start with and then progress to the next step of say $100 or so. I am working on that chart and will post the steps when I make them more concrete.

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