Spread out your income sources

And don’t say your mama never tell you that it is bad to put all your eggs in one basket.

Sometimes, in our frenzy to make money, we can get so caught up with only one source. That’s what happened to me many months ago when I was totally dependent on PayPerPost. BTW, I have touched USD15K at PayPerPost in August 2008. I joined in August 2007 so that means I made a cool USD15K from PayPerPost within one year.

When PayPerPost started geo-targetting, i.e. the huge pie only for USA bloggers, all of us Asian bloggers were choking and dying. That’s when I started to seek out other sources of income.

Well, I have managed to pull through and didn’t do too badly. Now, I have several sources of income and they come in different ways of making money online. Banner ads, textlinks, paid posts, affiliate and in text links. I never bother to sell ads direct because I am too lazy to manage them.

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Just to encourage those who wish to make money blogging, the above is a screenshot of my PayPal account. I cannot share the amount I make because some of the companies do not allow me to reveal. However, each withdrawal is usually USD495 (i.e. I only withdraw in blocks of USD500 and USD5 is deducted).

It is time for another withdrawal! Ta ta!

Post Author: lilian

6 thoughts on “Spread out your income sources


    (August 6, 2008 - 2:07 am)

    Happy for you. I am impressed. Keep it up and thanks for blogging.


    (August 6, 2008 - 2:53 am)

    Nice to read you make huge money on the net…..do you ever feel tired xmom..sometimes I feel tired to maintain and updated several of my blog…maybe I need a time table for maintaining all the blog

    Nathan Reed

    (August 6, 2008 - 6:50 am)

    I agree, and to take things even further one should differentiate his sources of income even more by having, for example, a blog, product, page especially for affiliate reviews etc.
    Doing this we get not only different sources of income for one site, but different sources of income from different sites. Financial security to the maximum!

    Good luck,
    Nathan Reed


    (August 7, 2008 - 6:46 am)

    Nice status. You keep it up.


    (August 11, 2008 - 3:10 pm)

    i thought u wrote more than a year for ppp.. i remembered coz i started writing in end of january 2007 AFTER i saw u writing it.. and u were promoting about it..


    (September 13, 2008 - 1:27 am)

    Although it’s good not to put all your eggs in one basket it’s important not to diversify too much either though. Sometimes I find I have so many different ideas I try to implement ten things at once (and don’t end up finishing most of them).

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