Home » 2012 » January

The 30-Hubs-in-30-Days Challenge

Any of my loyal readers will recognize that Hubpages.com is one of the sites identified on my Passive Income Resources page as a potential source of income.  With HubPages, you build individual web pages called “hubs”, with each focusing on a particular topic of your choice.  However, much like article-writing (or any other skilled profession), repetition is often the key to getting better.  Enter the HubChallenge.

In essence, accepting the HubChallenge means you commit to building 30 hubs in 30 days.  Just to be clear, there is no punishment (for failure) or reward (for success); it’s really more of a way to push yourself to create more hubs, become better at it, and hopefully see a rise in income.   (Please see the Resources page if you need more detail on how HubPages are monetized.)

Personally, I’ve been somewhat neglectful with respect to HubPages.  I really didn’t do much on the site for the first two months after joining because I was focused on getting my niche sites up.  (I only put up one stinking hub – and I still made 20 cents!)   It wasn’t until this month that I really decided to focus my efforts.  Accepting the HubChallenge earlier this week (Jan. 23, to be precise) is part of my recommitment to Hubpages. 

Of course, 30-hubs-in-30-days means building an average of one hub per day.  At the moment, I am running true to form and already find myself behind just a few days into the challenge.  (I will have to make it up “on the road.”)  However, I will say this:  I built a few hubs between the beginning of the month and the day I accepted the challenge and saw my earnings start to increase.  There was another increase when I started building my 30 challenge hubs, so if nothing else I anticipate having increased revenue from my efforts, regardless of the success or failure of the primary goal.  Wish me luck! 



December 2011 Earnings Report

My earnings for December reflected another nice increase.  While I’m certainly not breaking the bank, I think this is a great return for a guy who didn’t really know anything about earning income online just 3 months ago.  (Again, I just got started with all of this stuff towards the end of October 2011.)  The breakdown is as follows:

AdSense:  $64.79 (+5.4% over last month’s $61.48)
Affiliate sales:  $60.81 (+2239% over last month’s $2.60)
Book sales:  $2.66 ( +660% over last month’s $0.35)
Total:   $128.26 ( +99% over last month’s $64.43) 


About 3/4 of the AdSense revenue came from WebAnswers, making it my top-performing revenue source for the second month in a row.  Roughly 1/6 of the AdSense numbers came via my niche site, with the rest coming from article sites like InfoBarrel and Seekyt. 

Needless to say, the affiliate income was great, but it really fell off a cliff around the middle of the month.  However, I had expected sales to slow as we got closer to Christmas, so it wasn’t a total surprise.   

Finally, there were royalties from sales of my two self-published books that came to a grand total of $2.66.   (Hey, every little bit helps.)   Hmmm…  I really should do more to promote my books, because I’m really not doing any marketing for them at the moment.

Looking back, I’m both happy and disappointed with my December results.  I’m happy because this really is a nice rate of growth that I’ve experienced, and if it could grow like this every month I’d die a happy man.  However, I’m disappointed because I fell short of my goal for the month, which was to earn income of $5/day (that would have resulted in income of $155 for the month).  This is somewhat my own fault, because I spent most of the month constructing a new niche site and practically neglected everything else.  In the future, I’ll try to take a more balanced approach in terms of my online endeavors and give all of my “kids” some love and attention. 

Anyway, my goal now for January 2012 is to earn $5/day or a total of $155 by the end of the month.  For those of you keeping track, here are the sites I’m using as the foundation for building my own passive income streams:



***Please note that many of the links above are affiliate links, which means that I will earn a commission if you purchase products or services via the links I have provided.  More information about these products and services is available on my Resources page.

As I’ve stated all along, the Q&A site WebAnswers i sstill the earnings champ in my book, and I recommend them as the first stop for anyone looking for a venue to begin earning online.  I’m also a firm believer in article-writing, so any of the revenue-sharing sites  – InfoBarrel, Bukisa, Seekyt, etc. – are also great.


Earning Offline Passive Income

In my opinion, there is a lot of attention focused on generating passive income online.  This is not without justification, but it is limiting in the sense that there are also offline strategies for earning, and many of them are hardy and battle-tested.  Below are just a few:


Interest-Bearing Accounts
We all know that these aren’t paying much these days.  However, I don’t think there’s any argument that a little is better than nothing at all.  Moreover, interest rates are not likely to remain at their current lows forever.  I think it’s reasonable to expect them to rise at some point in the future, so you should keep knowledge of this potential income stream in your hip pocket for future reference.


Book Publishing
Almost all of us at some point feel like we could write the Great American Novel.  Well, now you can turn that dream into reality.  Self-publishing has become shockingly cheap – especially with publishing partners like CreateSpace.com (Amazon.com’s publishing division).  It cost almost nothing to get your book published and out to the world.  Plus, you don’t have to spend thousands printing copies, warehousing inventory, etc.  You can print on demand – the book isn’t printed until ordered.  This is what residual income is supposed to be:  an up-front investment of time and effort (writing), and long-term, or lifetime, returns (royalties).

In my opinion, this is the original passive income strategy.  You buy a dividend-paying stock, hold it, and just let the dividends keep coming (or reinvest them) forever.  Unfortunately, most people don’t give very much consideration to dividends these days.   In comparison to the fortunes that you hear about being made online, the quarterly dividends you might receive from investments seem rather meager.  But consider this: 

In 1990, Johnson & Johnson’s split-adjusted quarterly dividend was 3.6 cents per share.  If you had invested $1000 in J&J back then, you would have received 17 shares, making your annual dividend payout about $2.45.  (Chump change, you say.)  Fast forward to today, and that same quarterly dividend is now roughly 57 cents per share.   Moreover, thanks to stock splits, you would now own 186 shares (worth over $12,000) instead of the paltry 17 you started with.  And your dividend payout?  That’s now $424 per year.  In other words, you’re now getting back – just in dividends – almost half of your initial $1000 investment every year!  (Who’s the chump now, chump?)  And it’s just going to keep growing…  In short, dividends can ultimately play a major role in your income strategy, so don’t laugh at those pennies you could be receiving.  As they say, if you take a penny and double it every day, at the end of the month you’ll be a millionaire.

(You can confirm my J&J figures using the Johnson & Jonhson Investment Calculator.)


Needless to say, these are just a few ways that you can earn passive income offline.  There are many others – T-Bills, Bonds, etc. – that you could utilize as well.  The point is, there are benefits to diversifying your earning strategy, and – as you can see form the dividend example – some can have a handsome payoff.