Another month is in the books... isn't this year just flying by? I'd hate to go back and look at my goals for the beginning of this year. It seems like life changes too much to hit the goals I set. Perhaps I need to be more abstract and come up with things like, "Be a better person..."
Enough intro, let's get to the meat of this month's update. I made $1,507.40 last month. I have been dipping my toes into Build-a-Niche Stores (BANS) the last few months. I had some initial success, but it has since died down. Since there's plenty of information out there on Build-a-Niche Stores, I'll leave it as an exercise for the reader to look into. I will say that lately it's been break-even at best, especially after paying a virtual assistant.
That leads me into another point... I've hired a virtual assistant. With full-time work paying me too well to focus 100% on all the ideas that I want to do, I've hired a virtual assistant. I pay her by the job and she helps me with a lot of miscellaneous blogging tasks that I'm just too busy to do. She's also making it possible for me to start two new projects. One project should be starting later on this month. It's unrelated to Lazy Man and Money, so I'm not sure how to announce here. More than likely, I'll announce via a third blog that I've been trying to get off the ground. A couple of people who I've talked to said that it might be bigger than Lazy Man and Money. That is encouraging. Now that I have you (and myself) completely confused, I'll shut up and just move on.
The other idea is more complex and is probably not going to be ready to launch within a month. I think it has good potential, but it's going to cost me a lot of money to get off the ground. I don't imagine making money for the first year. Maybe in year two, I'd start to break even. The idea after that is to see things ramp up and turn positive. I'm optimistic about the idea, I'm kind of neutral about the business plan behind it (others have skeptical about my business plan too). I'm just going to have to go forward with it and take the risk... at the very least I will learn something and it will be something to write here.
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