We are always setting short term goals for ourselves, things like "have site X making $100/day by September" ect. ect. Lately I've been trying to come up with some long term goals and so far they look like this:
In the next 3-5 years I plan on:
- Leaving my current job
- Building my own house
- Living off my websites
What are some of your long term goals?
Just getting my 5 site ideas up and running in the next two years or less.
If you would have asked me a year ago, my 10 year goal was to have a net worth of $1 million. I know that is very achievable. In the last few months I've decided to kick the time frame on that goal up substantially.
I'd like to do some travelling. I have friends in different countries around the world and I just like visiting different places.
Oh yes, and get around to buying a Lamborghini Diablo and/or Pagani Zonda
Make more money - Read my Web Publishing Blog
Originally Posted by Doug
haha...yeah I need something to prove to my wife! I tell her all the time about some website ideas and she rolls her eyes so far into her head that I bet she's seen her brain on few occasions. She thinks what I do on the computer for hours on end is time wasted...hopefully one of these days I can prove her wrong.
LOL, same here. Everyone I know except my GF and Brother think I'm wasting my time. I can't wait til Im earning more than them!
My goals are (in no particular order)...
Become a property tycoon
Earn 6 figures in a year
Earn 7 figures in a year
Buy a boat
Buy a house overlooking the beach - I can see the beach from here, but Im renting
Buy google (jokes...)
Same as you, John.
Stepping On Wires - the new blog
In 5 years I would like to have an office and employ 20 or more people ... and be able to pay them.
New website released. ya rly!
3-5 Years.
My personal income: $15,000 a month 3 years and by 5 $30,000
Own a house and some land.
Own a bunch of toys... I mean.. err add to my collection.
Pay-OFf my new truck soon hoping 1 year.
Not worry about SE updates or changes, have a sturdy visitorbase for all sites.
And by 2006 I will have over 20 off-road related sites running.
By next month - stop being so lazy.
1.5 Years - Now, here's what it comes down to... If I'm not earning what I consider a nice income (£50k+) in this time, purely from web publishing, I'm giving up. Seriously. Well what I mean is I'll be getting another full time job. I need to buy a house and I'm just not earning enough to do that at the moment.
3 Years - £8.5k/month (~$15k) net coming from multiple revenue streams (for security). So basically the same as Todd on this one
Beyond 3 years, it's hard to tell as things can change so much in that time.
1: By September 2006 I want to buy a house.
2: By June 2007 I want to be making over £2k/month from websites (bearing in mind I will be working full time till then, and am also doing a MSc part-time).
3: Early 2008 I want to buy another house, so I can then let out the old one. (As with others, I plan to become a property tycoon).
4: Before I'm 30 (Aug 2010), I plan to have (at least) 3 houses let out to people.
5: £100k/year by Aug 2010.
In contrast to John, and perhaps others, I feel I have too many long term goals. I think I need to start setting some shorter term ones, to help make progress in meeting the long termers.
I don't need to be making an enormous amount of money from my websites, if I could get up to about $50,000/year I would be happy. In 3-4 years I will have enough savings from my job to be able to build a house of my own so I figure if I can get my web business doing $50K/year in 3-4 years I will be set.
So if all goes well, in 5-10 years time there'll be a bunch of high earning, property owning website publishers here!
We already have 1, why not a few more?
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