I've already listed all my financial goals for 2006 and now that I've reported my blog stats for 2005, it's time to set blog goals (and the finances that go along with them) for 2006.
It's hard to predict what blog traffic, pageviews, and the like will be given that this blog is still relatively new (as is blogging as a whole), so I'm going to estimate low, medium, and high goals for 2006. The low numbers will be the lowest I can realistic see this blog generating, the medium goals will be what I'd most likely expect to happen, and the high being goals will be ones that currently seem to be the outer limits of what I can reach. Here are my estimates for each scenario along with the assumptions listed:
Low Estimate
- 365,000 visitors -- 1,000 per day
- 657,000 pageviews -- 1.8 per visitor
- 1,460 comments -- four per day
- 800 trackbacks
- $3,870 Revenue
Medium Estimate
- 566,700 visitors -- Start at 1,000 per day, grow 100 per day per month
- 1,133,400 pageviews -- 2.0 per person
- 1,875 comments -- Five per day
- 900 trackbacks
- $5,500 Revenue
High Estimate
- 728,060 visitors -- Start at 1,000 per day, grow 180 per day per month
- 1,601,732 pageviews -- 2.2 per person
- 2,190 comments -- Six per day
- 1,000 trackbacks
- $7,100 Revenue
Just as a reminder, all the revenue from this blog goes to charity.
I'll be updating my results monthly, so stay tuned to see how I do.
FMF,
Look like great goals to me. Of course, I would be happy with your 2005 results :-).
Posted by: Early Riser | January 03, 2006 at 08:40 AM
John thank you for the book you gave me while you were in Moscow, Russia. It was a great help to my financial understanding. Thank you so much. I believe you can reach you goals for your glog. Please tell the Blumes I said hi.
Posted by: Joel Renner | January 30, 2006 at 02:52 PM
Those would be very lofty goals for me.
Posted by: Eric | February 16, 2006 at 12:50 AM
I just wanted to commend you on your site. I have book marked it and will be referring to it as I set my own long term fiancial goals. Thank you for allowing me to benefit for all your research and being of service to others. I have also included a link to your blog on my blog at thecommunityactivist so I wish you all the best with the increased traffic.
Posted by: Hope | March 24, 2006 at 10:35 PM
Dang man, I can barely maintain 100 visitors per day! I need to up my article quality and posting frequency I think. Those are great goals! Good work. Charity is good but too bad you're donating all the money, the blog could be a nice little side job.
Posted by: Tim MMF | April 18, 2006 at 11:45 PM
I think it's fantastic that you're donating your revenues, not just your profits. That means it's actually costing you money to support the charity, because you have to pay for the administrative costs. Wow.
Posted by: Become a Consultant >> Andrea | June 06, 2006 at 12:02 AM
I wish that you can get your targets of high estimate. For getting 100 visitors daily is like a dream come true and you are getting more than 1000 visitors- that is way too cool.
Posted by: Razib Ahmed | June 06, 2006 at 07:20 AM
Now those are some solid goals. And what is really awesome is that all that revenue goes to charity. I plan on doing that same thing soon. Great work.
Posted by: elamb | June 06, 2006 at 11:02 AM
The first post I see with numeric goals!
A great post. You sound like you know what you want and how to get it too. Very focused.
Posted by: melly | June 06, 2006 at 12:18 PM
"The first post I see with numeric goals!"
I guess that's because I'm a money/numbers guy. ;-)
Posted by: FMF | June 06, 2006 at 12:35 PM
Wow, lofty goals! Good luck!
Posted by: Remi | June 10, 2006 at 04:43 PM
FMF, are you going to post your 2007 goals and a follow up to this one?
Posted by: mapgirl | January 24, 2007 at 10:57 AM
I was going to, but after I wrote it it just sounded like too much bragging to me (though I was just reporting the facts.) The summary is that I hit the mid to high numbers on all estimates except revenue, which I went over by a long, long way.
I have personal blog goals for 2007, but am not posting them for the same (seems like bragging) reasons.
Posted by: FMF | January 24, 2007 at 11:53 AM