Back to School, Gettin’ Lean, Budapest
Summers over for me, and I’m headed back to PSU tomorrow afternoon. Myself, Chuck, and two other guys are moving into a massive apartment this year right downtown, and I can’t wait to get situated there. As far as school goes, I’m going to decide within the first few weeks if I’m going to finish out or give it up. I only have three semesters left, but I’m so sick of it it’s not even funny (and the semester hasn’t even started yet lol).
Gettin’ Lean
I haven’t posted anything business related in a while, so here’s a quick update: My revenues are increasing month to month as my current projects mature, and should continue to grow exponentially once a few of my new projects hit their stride. However, my expenses have also grown quite a bit which kind of puts a damper on the revenues I’m bringing in.
The reason I’m spending so much money is mainly due to expanding my network/buying new domains, but it also has a little something to do with how I operate my entire business. For the last few months I’ve basically outsourced or paid for everything. All my content, all my graphic design, all my *ahem* advertising purchases, etc. That was great over the Summer because I basically didn’t have to do any work except pasting content into templates, and sending out emails/payments for the previously mentioned advertising.
However, I’d really like to cut my spending at least in half for the rest of the year, because obviously it means my profits will increase by the same amount. Since I have plenty of built sites on hand, I won’t have to buy much content or many templates for a while, but the big thing I want to cut back on is the advertising. So, for the next few months I’m only going to pay for high quality directory submissions, and nothing else unless it really jumps out at me.
The way I see it is, if I can still achieve the same traffic numbers without paying for it, I’ll make more money and the traffic will be more permanent/steady. Anyways, those are my thoughts on that.
Budapest
I’m off to Budapest in a few short weeks, and I expect this trip to really rock. I’m staying with John “Z06″ Holloway, and will be meeting up with a bunch of other friends there as well. I’ll take my camera and get some pictures up here after the trip. Later.
Nice post. It will be interesting to see what you do with school. Oh btw I went ahead and had your bed changed down to a twin size, I figured a queen size was too big.
JohnH
August 23rd, 2009
Hi Mike! I’m an avid reader of your blog. I’m also going to Budapest in September, hope I’ll get to meet you!
Phil
August 25th, 2009