“Its so damn hot!  Milk was a bad choice” – Ron Burgandy (Anchorman)

I wasted many hours desperately trying to figure out how to keep my rig cool.  I bought numerous fans, blocked all the windows, even tried an evaporative cooler (swamp cooler).

My efforts were futile.  It didn’t get very cool in Chico even at night, so I would wake up early every morning sweating my brains out, and there was nothing I could do.

I finally figured out how to beat the heat today!  As I was driving north, I spotted some white stuff on the top of a distant mountain.  I figured that the white stuff was snow, and then I remembered that snow = cold.   I just kept driving towards the white stuff until I got there.

Nice and cool now!

 

I don’t really have anything insightful to say; just posting an update to let everyone know where I am and have been.

I left Sonoma last Thursday, stayed with Hoi for a night in Vallejo, then spent Friday through Wednesday in Davis, spent last night with my aunt and uncle in Sacramento, and I just made it to Chico for the weekend.

Come next week, I’ll be headed up to Oregon, and saying goodbye to California for a while.

Rohnert Park, CA (Sonoma State University)

Vallejo, CA

Davis, CA

Sacramento, CA

 

Tom vs. Tommy (or Thomas)?

Until I was in middle school, I went by “Tommy”.  As I became older, I transitioned to the more adult “Tom”.

When I started college at Cal Poly, I made a futile attempt to make the switch back to Tommy.  I wasn’t persistent enough and it ended up fizzling out, leaving me with the Tom.

Embarking on this journey brings another logical opportunity to “re-brand” myself.  I am considering going back to “Tommy” or maybe even pushing to a full-on “Thomas”.

  • Tom: This is the shortest and easiest version of my name, but the most boring and least memorable in my opinion.  Just as boring as other 3-letter names, like Bob, Rob, Tim, or other one-syllable names like Will, Hank, Bill, Fred.
  • Tommy: I feel like this name has the most character.  A little more unique than the boring Tom, but also a little less formal.
  • Thomas: Also more unique than Tom, but also seemingly way too formal.  I only hear Thomas because its my official name.

I’m leaning towards Tommy.  It should be slightly easier than Thomas because several of my relatives still refer to me as Tommy.

Thoughts?

 

Goodbye San Francisco, Hello Sonoma

The view from the “Vista Point” just north of the Golden Gate Bridge.

I left San Francisco on Thursday afternoon, headed up to Rohnert Park, CA, which is home of Sonoma State University.  Although I really enjoyed my time in San Francisco, I was ecstatic about moving forward on my journey.

Living out in the Suburbs is a huge contrast to living in the city.  The suburbs are much quieter; you aren’t constantly hearing taxi cabs honking and sirens blasting from ambulances and fire trucks buzzing by.  Also, everything seems so much further away when you live in the suburbs.  What was once a short walk to the nearby internet cafe in the city is now a few mile bike ride.

The suburbs are a nice relaxing break from the city, but can get real boring real fast.  There was always something to do, somewhere to go or people to meet in the city.  Here, there is a lot more “downtime”.

Went to see Slightly Stoopid at the Harmony festival yesterday in Santa Rosa.  I haven’t gone to a show like this since Warped Tour when I was 16.  It really brought me back.  It was good to feel like a kid again.

Of course we had to roll up to the festival in style.

Unlike this guy.

The plan is to spend a few more days here in Sonoma before heading east over to Davis for next week.

 

Last Week in San Francisco

My extended stay in San Francisco is coming to an end.  I’ll be leaving on Thursday, June 10 to continue my journey north.  My future destinations are as follows:

  • Sonoma, CA (Sonoma State University) – June 10 to June 16
  • Davis, CA – June 17 to June 23
  • Chico, CA – June 24 to June 30

These are a little further out, so the dates might not even be close.

  • Portland, OR – July 1 to July 14
  • Seattle, WA – July 15 to August 10
  • Minneapolis, MN – August 22 to September 15
  • Delaware – October

East Coast Winter Solution

Up until last night, I was worried about having to skip a lot of places on the East Coast because I won’t have enough time before winter rolls in.  Freezing weather is not conducive to living in an RV.

I have two potential solutions, both involve parking the RV long term for the winter.

  1. Spend the winter on the east coast in various month-long sublets.  I could do a month or so in Boston, New York, Philly, Pittsburgh, Cleveland, etc.  This would allow me to spend enough time on the East Coast, and not require me to do any back-tracking in the RV.  Once I finish traveling the area, I could just take my RV out of storage and continue south.
  2. Spend the winter in another country, preferably south of the equator.  I was thinking of visiting Africa, South America, and/or the South Pacific.  I could accomplish these travels during the winter and return in the spring to continue my RV trip.
 

Many are inspired to start their own online business after hearing about the success of mine.  While the business is doing great, I’d like to again reinforce that this path is not for everyone; it required years of work without any guarantee of a reward.

One of the biggest questions people have is how I figured all this stuff out.  Google is my best friend.  If there is something I want more information on, I’ll just Google it.  If you have any questions or want more info on anything, I highly recommend Googling it, and you will find your answer!

If you would still like to venture into the online world of business, I’ll break down the main three strategies I have used.

PPC (Pay Per Click) Affiliate Marketing

  • Months before turning a profit: 1 to 2
  • Capital investment: ~$500
  • Profit potential: You can make or lose lots of money
  • Sustainability: Low

Buying Traffic

There are two types of listings that appear when you do a Google search.  Paid and unpaid.  The paid listings are at the top, right and bottom under the title “Sponsored”.  If you click one of these “Sponsored” listings, Google charges the advertiser a few cents for sending them a visitor.

Anyone can sign up and start advertising on Google with a Google Adwords account.  You will pick the keywords you want to target, create a little ad, and pay google for any clicks they send you.  Buying visitors on Adwords is about one hundred times more complicated than I just made it out to be, so just search Google for more info on how to use Adwords.

If you are going to sign up to Google Adwords, make sure you Google the term “Adwords Credit” and you will find a coupon code to get up to $100 worth of free Google advertising.

You can also run ads like this on Yahoo Search Marketing, Facebook and MSN.

Selling Traffic

You are basically running ads for someone else’s business.  You will get paid every time you send this 3rd party a “lead”, or a visitor that signs up to their service or completes some sort of transaction.

As an example, we will use the site “Fitness-Singles.com”.  For everyone I send to their site through my unique tracking link (http://www.myaffiliateprogram.com/u/fit4it/b.asp?id=3622&img=250×250_fitness-pic.jpg) who signs up for a free profile, I get paid $3.00.

So, I’ll advertise on Google for search terms such as “Fit Singles”, “Buff Dating”, etc. I’ll pay Google $0.25 per visitor they send to me.  1 in 10 of these visitors will sign up to the offer, and earn me $3.0o.  In the end, I’m paying $2.50 to get $3.00, creating a profit for my efforts.

Anyone can sign up to these “Affiliate Programs” and can start advertising other people’s stuff and start making money.  Here are a few programs you can check out right now:

  • Commission Junction: http://www.cj.com
  • Azoogle: http://www.Azoogle.com
  • NeverBlue Ads: http://www.NeverBlue.com

There are literally hundreds of these programs, and anyone can sign up for free with no strings attached.

PPC Affiliate Marketing Pros

Using this model, you can turn a profit pretty quickly.  You can set up your first campaign and be in the black that night.

Google Adwords also has a million controls, so you can set daily spending limits, track keyword performance, test different ads, etc.  You can also see what is making you money and then easily scale up from there.

PPC Affiliate Marketing Cons

Although also a pro, the complexity of Adwords can be extremely frustrating.  It is a very powerful program, and can be difficult for the newbie to figure out what they are doing.

While you can  make a lot of money quickly, you can also lose a lot of money quickly.  In the real world, you won’t be paying $0.25 for each click like in the example above.  You will likely be paying over a buck a click, and losing $7 for every lead you send Fitness-Singles.com.

You will spend lots of hours tweaking ads and keywords, testing offers, and ultimately finding what works by finding a hundred configurations that don’t work.  Once you do find something that is working for you, one little change can push you into the red.

Why I Don’t Use This Method

While I have had success with this method in the past, I have entirely stopped pursuing it because of the instability, and the potential for losing a good deal of money.  I have also shifted my efforts away because I personally find it boring, and I don’t feel as though I am creating any value to anyone other than myself.  The only thing I find rewarding about it is the profit.

Building Content-Based Websites

  • Months before turning a profit: 4+
  • Capital investment: <$100
  • Profit potential: You will probably make a few bucks.
  • Sustainability: Moderate

Building Your Website

First, you are going to want to pick some sort of niche that people use the internet to find out more about.  This can be pretty much anything from dog training to weight loss supplements.

Building a website is easier than you think.  You can get a domain for under $10 a year and host as many sites as you want for a total of $7 per month.  Visit GoDaddy.com or BlueHost.com for more info.

If you have never built a website before, I would recommend using Wordpress (free) so that you don’t have to learn any HTML or web programming.  Wordpress is a very powerful tool, so expect to spend a while learning about it before you become a master.  This blog is actually built on Wordpress.

If you have some cash to spend, or just want to get more ideas on what websites to build, you can check out established websites for sale on Flippa.com.  Flippa is basically the eBay for websites.  You can learn a lot by browsing the listings, because sellers will often disclose exactly how much they make, and how they went about starting and marketing the site.

Getting Organic (Free) Google Traffic to your Site

SEO (Search Engine Optimization) is the term used for making your site rank higher on the search engines.  It basically involves placing your target keywords (eg. Dog Training) in various locations that help search engines know that your site is about Dog Training.  It also involves getting people to link to your site so that search engines know that you’re site is something worth looking at.

I could write you a book on SEO, but I don’t have the time or desire.  There is TONS of info on the web about how to do SEO, so just use Google and you will find plenty of reading material.

One of the biggest factors of getting ranked on Google is time.  You won’t start appearing at the top of the search results overnight.  You really have to wait several months before Google starts sending you any traffic.

Another factor is having high quality, unique content.  You will be the writer, so make sure that you have quality info, and ideally this will be your best bet to attract visitors.

Turning Traffic into Money

The easiest way to turn your visitors into money in your pocket is through Google Adsense.  This is a free account that anyone with a website can sign up for.  Google gives you a piece of code that you insert into your web pages, and it automatically reads the content and then displays ads related to your site.  Every time a visitor clicks one of these ads, you get paid a few cents.

The payout really depends on your niche.  If you have a site relating to some general interest topic like jokes or cats, you shouldn’t expect more than $0.05 to $0.10 per click.  If you have a site relating to foreclosures, mortgages, cash advances, loan consolidation, DUI attorneys, or anything expensive like that, you can expect over a dollar per click.

Content-Based Website Pros

Because you aren’t paying for advertising, this method has minimal monetary risk.  If your websites don’t succeed, you aren’t really out much money.  Also, all your work is done up front, and once the site is established, it basically generates residual income for you with no continued effort.

Content-Based Website Cons

The scalability of this business model isn’t great.  If you have the patience to create two sites a day for a year straight, you could be making decent money.  Otherwise, you might not be making much more than a couple hundred a month.

Why I Use this Method to Diversify

I don’t invest all of my effort into building sites like these because I would be bored to tears.  I’ve bought a number of established websites just to help diversify my earnings.

Creating Communities Online

  • Months before turning a profit: 5+
  • Capital investment: <$200
  • Profit potential: With enough persistence, skill and luck, you could make lots.
  • Sustainability: Decent

Building a Content-Based Website on Steroids

The idea is basically the same as building a content based site, but focus more on user interactivity.  In the model listed above, you are doing all the writing for the entire site.  In this model, your users are creating all of the content for you.  Because your users are constantly writing content for your site, your site continually grows and does better in the search engines.

The difficulty lies in getting the community started and keeping the community going.  A few examples of my community-based sites are: SupplementReviews.com and MotoredBikes.com.  Trying to attract new members when the site was just starting proved to be very difficult.  Keeping things running smoothly when members create drama between one-another is also a constant challenge.

Turning Traffic into Money

Turning traffic into money is pretty much the same as content-based sites.  Using Google Adsense is a pretty simple solution, but with a big enough site, you can test out other avenues.

You can sell advertising directly to a sponsor, or sign up to other advertising opportunities that can prove to be more profitable than Google Adsense.

You can also test affiliate offers on your site; getting paid every time a visitor clicks an ad and completes a transaction.  It is often tough to find products that your visitors will be interested in.

Community-Based Website Pros

Community sites often seem to be more helpful for individuals than basic content sites.  Your members will be making friends with each other and providing personalized help to your visitors.

I have been personally thanked dozens of times for creating these communities.  I feel good intrinsically when I know that I am actually helping people and providing something of value to the internet.

Content-Based Website Cons

The obvious hurdle is getting the site started, but the not-so-obvious hurdle is continuing to keep the place running smoothly.  There numerous battles all the time, from members not playing nice to members promoting their own business on your site.  The way you handle these issues ultimately determines the success of your community.

Why I This is my Favorite Method

This is my favorite method because it allows me to be very proud of my work.  It is also the most enjoyable to work on.  I am working with people most of the time, rather than doing monotonous writing or tweaking of ads and keywords.

Because my community-based sites are much larger, I end up doing a much more diverse set of tasks to keep them running smoothly.  I’ll do everything from establishing advertising relationships to running contests to mailing out free stickers to designing t-shirts.

I also feel very important knowing that I created these sites and I am in charge of keeping them running smoothly.  It is fun getting to call the shots and being the leader of the group.

Where to Start?

If you really want to start making money online, I would recommend jumping in head first and just starting a website.  You will have tons of questions, but you will learn tons by finding the answers to your questions online.  Don’t worry about doing everything perfectly; just focus on getting it done.

Here are some links to help you come up with ideas and get your business started:

 

One of the most common questions I get is: “How are you going to pay for this trip?”.

The number one assumption is that I have saved up a bunch of money and I’m taking some time off work, and the number two assumption is that I just graduated college, couldn’t find a job and my parents let me borrow their RV.

Neither of these two assumptions is correct.  I’m not taking time off work, and my parents don’t have an RV.  (If they did, I can’t imagine that they would let me borrow it or that I would want to borrow it).

Here is what I tell people:

How are you going to pay for this trip?

I have an Internet company.

What does your Internet company do?

I sell advertising online.

These are the short answers I use when I don’t feel like explaining myself, or don’t have a solid ten uninterrupted minutes to explain how everything works and how I got there.

For anyone who has received the short version, I’ll go into a little more detail in case you want a better understanding of how I magically turned my laptop into an ATM.

As I typed up this post, I realized it was extremely long, so I broke it up into a few parts:

If you don’t feel like reading all that, here is the super-short abbreviated version:

How I Started

I consider myself to have always been an entrepreneur.  After numerous random failed business attempts throughout my life, I started my successful online business as a sophomore in college.

After graduating, I got a full time job only to quit 3 weeks into it so that I could focus all my energy on building my online business.  I took a huge pay cut, but it was an investment I was willing to make for the business.

Over the next year and a half, I worked full-time on growing the business.  I set it so that it would basically run itself.  In 2010, I finally grew the business to a point where I wanted to cut my hours and focus on growing as a person.

How it Works

I own a bunch of random websites.  Some of which I started on my own, some of which I bought from other people.  These websites are just content sites, and receive a lot of traffic from people searching on google for various terms such as “Supplement Reviews”, “Motorized Bikes”, “Toyota Celicas”, “MLA Works Cited”, etc.

I don’t really spend a penny on advertising, and I receive a grand total of nearly a million visitors a month across all my sites, pretty much for free.

Since I own and control these web properties, I can sell advertising on my sites.  Depending on the site and the ad, sometimes I’ll get paid every time a person views the ad, or every time a visitor clicks the ad, or every time the visitor clicks the ad and then buys something from the advertiser’s site or signs up for something.

Since the sites are already established, I don’t really have to do much to maintain them, and they generate income ’round the clock.

How You Can Do It Too!

It is harder than most people think.  There is a lot of competition and you really need to be able to work for free for hours on end with no guarantee of a paycheck.

There are dozens of ways to make money online, but here is a starting point for learning how to do it the way I do it:

  1. Learn how to make a website.  It is way easier than you might think.  Find a niche that interests you, and make your site about it.  Get a domain with your subject in it.  If your site is on dog training, a good domain would obviously be “DogTraining.com”, but its probably taken.
  2. Learn SEO (Search Engine Optimization).  Just Google SEO and read up on the various ways to set up your site so that it does well on the search engines.
  3. Install Adsense on your site, so that you can generate revenue every time someone clicks an ad.  Just Google “Adsense” and you can you will find plenty of info on the topic.
  4. Stick with it.  You won’t be rich overnight.  Keep learning, making websites, writing content, marketing and you will eventually start to generate a buck.
 

I get lots of questions about how long I have had my internet company, how I started it, how long it took, why I started it, etc.  Hopefully I’ll address most of those questions by sharing my story.

The Early Years

It was 1998 and I was in 7th grade.  The internet was still a fresh new concept that Al Gore had recently invented.  My friend mentioned he had a secret get rich quick scheme.  This scheme was the “Get Paid to Surf” fad. It basically involved getting paid about $0.50 per hour to have an ad run on your desktop while you work on your computer.

The catch was that it had a multi-tier referral system which made it seem extremely easy to make thousands of dollars an hour, just be getting a few referrals.  I see this type of structure in manyMLM (Multi-Level-Marketing) scams today.

As a 12 year-old, I was convinced that this was my ticket to getting rich at a very young age.  Over the next few years, I spent my free time trying to gain referrals and reach my dream of earning thousands of dollars an hour by surfin’ the net.

I tried teaming up with friends, going solo, building websites, advertising in internet chat rooms, and pretty much anything that would get me referrals to this “Get Paid to Surf” scam.

Needless to say, I never made a single dollar on any of these scams.  It was only a few years before every one of these “Get Paid to Surf” companies went belly-up.

By 10th grade, I was done trying to make money online.  My focuses shifted away from making websites and towards chasing girls and getting into trouble.

Finding my Inner-Entrepreneur

I didn’t stop trying to make money by means other than a day job.  I continued trying to get rich by doing everything from selling stuff on eBay to buying and selling used cars.

One of my earliest entrepreneur memories was actually from when I was 5 years old; I made a sandwich stand out of a cardboard box in my backyard.

In late high school, my morals weren’t as developed as they are now, and I even ended up getting in trouble by blindly letting my profit seeking desires get the best of me.  Those were some moments that I’m not proud of, but at least they helped reinforce my passion for earning an honest buck.

The Start of the Real Deal

Flash-forward 4 years to my sophomore year of college.  A good friend of mine and a former business partner from the previous summer had just made a killing (300% profit) on the purchase and sale of used car.  My inner entrepreneur was inspired.  Since there wasn’t a great craigslist used car market in San Luis Obispo (where I went to school), I had to find some other way to start making money on my own.  This is where making websites came back into my business vision.

I had been using the site “PolyRatings.com” – a website with thousands of reviews on teachers at Cal Poly – and I was fascinated that it was so simple, yet so popular and helpful on the campus.

I had also been working out a lot, and taking various muscle supplements such as creatine and protein powders.  I was frustrated that there wasn’t a good source of supplement reviews online like there were teacher reviews on polyratings.com.

That is when it clicked.  I could dust off my old internet skills and create a website for supplement reviews.  Initially, I didn’t think it would make a ton of money, but I figured that I might at least be able to get some free supplements out of the deal.

I created SupplementReviews.com, a site that allowed users to post reviews on various bodybuilding and fitness supplements.  It was not an instant success.  I spent hundreds of hours designing and programming the site, and hundreds more marketing it and desperately trying to get users to post reviews.

All of this work was done on pure speculation.  There was no guarantee that I would make a dime from my efforts.  In fact, I invested nearly 500 hours and 8 months of my life before I saw my first penny.  Working on these terms requires nerves of steel.   Lots of people were telling me to give up after I had put in 6 months without any revenue.

Finally the site started making a few dollars a day.  This was hugely inspiring since my mindset was that if I can make one dollar, I can make two.  If I can make two, I can make four, and so on.

Over the next few years, I put lots of time into the site, upgrading the design, adding features, marketing and spreading the word.  Until early 2009, the site wasn’t generating more than beer money.

Going All-In

I played around with more ideas and started/acquired other websites for the next few years in college.  By the time I graduated, I had about a dozen websites all generating money, but not quite enough to live on.

After graduating I absolutely wanted to work on websites full-time, but I was too afraid, so I got a full-time job like everyone else in the real world.  I figured that I would just work on my websites after work and on the weekends, and eventually I could build them to the point where I could quit my day job.

Three weeks into my full-time job, I quit.  It took me that long to realize it was impossible for me to spend enough time on my websites while working 9 hour days and commuting.

Most people were shocked and told me not to do it.  I quit in October of 2008, right when the financial markets crashed and everyone was concerned with job security.  I soon found out that the branch I was working out of closed down soon after I quit, and I would have been laid off anyway.  (I always make the joke that I was the only one holding the company together).

I took a significant pay cut by quitting my full-time job, but it was well worth it.  I was much happier putting in 10 hours a day building my own business from home than I was sitting in an office, doing someone else’s work.

I worked on my business full time  for the next year and a half.  Things really started going well in the beginning of 2010, so I decided to shift my focus away from growing my business and towards growing as a person.

The Pay-Off

From the beginning, I spent lots of time ensuring my business is set up so it basically runs itself.  I don’t have to put in more than an hour or two a day, unless I really want to put more time in.  I am also not tied down to a physical office or location, so I can get my work done as long as I have an internet connection.

A lot of people are inspired to start their own internet business after getting a glimpse of my current lifestyle.  Hopefully my story will help them fully understand what they are getting themselves into, and they can decide if it is something they want to do or not.

The Future of the Business

I consider my business model highly sustainable, especially for being an internet based business.  I have lots of sites and sources of income, so I am well diversified, and my main sites have a large community following, and really create a  lot of value on the internet.

I am really proud of my work, not because of the lifestyle it affords me, but because I have created something out of nothing, I poured my heart into it, and my sites have turned into valuable resources of information for millions of internet users.

 

How My Websites Make Me Money

I use the term “Selling Advertising Online” all the time.  It is essentially how the business generates revenue.

For my demonstration on how my websites manage to make me money, I’ll use one of my sites, MotoredBikes.com, as an example.  I own several more websites similar to this one, and the methods may be a little different, but the underlying principle is still the same.

Creating the Site

I started MotoredBikes.com after I built my first motorized bicycle.  The site is a community of motorized bicycle builders and riders.  The site is a message board, where people have public discussions about various aspects of motorized bicycles.  Individuals can sign up to the site for free and start making posts.

As more and more people posted questions and answers about motorized bicycles, the site became an excellent resource for others looking for information about these bikes.

Getting the Visitors

Due to all the unique quality content, Google recognized that people looking for information about motorized bicycles would benefit from visiting my site.  Therefore, Google ranks my site highly for thousands of keywords related to “motorized bicycles”.  This gets my site thousands of free visitors every day.

Furthermore, my site has a community following with thousands of members.  Many of these members visit the site on a regular basis, giving the site even more free traffic.

Turning Traffic Into Money

Getting traffic is the hard part, and selling it is a piece of cake.

There are three ways that I make money from the MotoredBikes.com traffic:

  1. Direct Ad Sales – This is where I have a direct relationship with a motorized bicycle retailer, that says “I’ll display your banner to x number of users for $y”.  This means that I’ll make a fraction of a cent every time someone loads a page on my site.
  2. Pay Per Click – I have a “Google Adsense” account.  They are free and anyone can get one as long as you have a website.  Google gives me a piece of code that I stick on my website to run ads.
    This code automatically gathers all the keywords in my content and places ads on my site, according to those keywords. Hundreds of thousands of businesses advertise through Google, so they have plenty of ads to instantly choose from.  When someone clicks one of these ads, Google automatically charges the advertiser a few cents, and pays me abot 65% of whatever they charge.
  3. Pay Per Action/Commission – I have some relationships with advertisers in which they give me a commission from every order that is generated by a visitor from my site.  This means that if you go to MotoredBikes.com, click an advertisement and place on order on that site, I’ll receive a commission from your order.

As you can see, pretty much everything is set up to run on auto-pilot.  This is what enables me to work fewer hours but still make the same amount of income.

By visiting MotoredBikes.com, you can clearly see the ads in action.  Also visit SupplementReviews.com and look out for any “Supplement Prices”.  Clicking one of these links and then placing an order will often result in me getting a commission.

How Much Do I Make?

Many people wonder how much I make.  Some are surprised to hear that I can actually make a living off these sites.  Others are surprised to hear that I am not a millionaire yet.  (90% are the former, 10% are the latter).

While I don’t want to disclose any figures, I will say that I would be comfortable raising a small family of mice on this income in Cambodia.

Also, I noticed that in my first year of working full time on my business, I was seeing 10%+ monthly growth, every single month.  I remember thinking I would be happy with a 6% yearly raise as an employee.

Healthcare Benefits?

I pay about $100 a month for decent medical and dental coverage.  My dental isn’t bad, but my medical insurance is a high deductible plan.  The medical isn’t great because it doesn’t really reduce the price of seeing a doctor; it is only good for limiting my hospital bill to $4,000 (the yearly deductible) in case of some disaster (surgery, stay at the hospital, ambulance ride, cancer, other major health problems).

Retirement?

For the first several months of my business, I wasn’t putting anything towards retirement.  I would always say “I’m going to check the retirement account”, and then jingle my change cup.

My retirement plan is to continue to build my assets by investing in more residual income business opportunities.  I have already been purchasing websites to add to my portfolio.  I’d like to transition more into purchasing real estate and other business so that I can further diversify my assets.

Traditional retirement planning is pretty bleak.  You start by estimating when you will die, and then calculate the years you will live after retirement.  The idea is that you want to have just enough money saved up so that your funds run dry the day you die.

My goal is the opposite.  I’d like my assets to be growing until the day I day.  I don’t see any reason that this can’t happen.