As I sit on my couch typing this, I realize a lot of people wonder what I am doing right now. Former colleagues might believe I am perpetually unemployed, but I have not collected unemployment this whole quarter. Everyone else seems to think I should just take a part-time job and try to make the business work on the side. I am trying to create my own business, but it's a three-part endeavor, all related to one another. Since Lisa asked how my progress is coming on her way to work today, I thought I'd create a document for her (and the rest of you) to see.
After filling the document out, I realized that my potential earnings are too low to support a family, all while working a 13-hour work day, six days a week. When I get a project, I often work on it until 2am and then take a nap the next day, but the averages listed are very accurate. The biggest question is in the Future Value section, since I don't know if my earnings on TeachersPayTeachers or the Brian Jaeger Author Page
Now, if (when) I get 100 websites under my management, then I'd make $1000 a month for managing them. I wouldn't have to sell a whole lot of books, lessons, or ads in order to make a go of it at that point. And I wouldn't be overcharging anyone. Conversely, if 1200 people signed up for Educabana, I'd get about the same amount per year, and if it grew that much each year for the next decade, that would be nice. Really nice. If my movies get made or my musical becomes a Broadway smash hit, that works, too. Or that invention I have... You get the picture. I'm working on everything, and everything I'm working on has the potential to be big or be nothing, but none of it has the potential of being big without the work.
Written by Brian Jaeger, owner of Satisfamily, McNewsy, PassivNinja, Educabana, RealWisconsinNews, ManCrushFanClub, WildWestAllis, SitcomLifeLessons, and VoucherSchool.