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My First $66 Income From Home

Day 66 – $66 Internet Profit Systems Challenge

The $66  Internet Profit Systems Challenge is over. 66 days have passed and this first chapter in my quest to earn an extra income from home is closed.

So, how did  I do? Did I launch my career as an internet entrepreneur by making my first $66?

The $66 Internet Profit Systems Challenge – The story so far;
Total Spend : $1.00

When I launched the $66 Internet Profit Systems Challenge I was seeking to attract traffic and create backlinks to this blog and my Squidoo page : Income from Home – The $66 Challenge. As part of my efforts I paid $1 to submit a press release to a distribution service.  This is the only cash investment I have made in my attempt to start to earn an extra income working from home.

Earnings at  Day 66 :    $30.58

On the final day of the $66 Internet Profit Systems Challenge I have made the grand total of $30.58.

58 cents was my first payment from the revenue share site Squidoo. Read all about my first Squidoo payday.

The lions share of my extra income – $30 – has come from articles I have written for Demand Studios.  At a rate of $15 per article my first two articles were published via Demand Studios on the eHow website. Once accepted by Demand Studios I have found writing for eHow to be a reliable, efficient and relatively easy way to start earning an extra income.  As examples of the kind of work you can pick up through Demand Studios my first two published articles were:

How to Reduce Home Delivery of Junk Mail


How to Make Quick Cash with No Outlay

Balance at Day 66 : $29.58

But wait…..

Although the $66 Internet Profit Systems Challenge finished on Day 66 (31st January 2011) I had not yet been paid for all of the work that I have completed during the 66 day period.

A further $30 from Demand Studios

On the 31st January 2011 I had 3 articles outstanding with Demand Studios, this means that my writing has been submitted for review by the Demand Studios editors and is pending acceptance.

I’m happy to say that in the few days since 31st January two of these articles have been accepted adding a further $30 to the income from home pot.

I am still awaiting news on my final article.

Two Squidoo Paydays Remain

Beyond this extra income from Demand Studios I have the pleasure of two further Squidoo Paydays.  Like most revenue share sites Squidoo pay in arrears.  The $66 Internet Profit Systems Challenge ran through December 2010 to the end of January 2011.  I will be paid monthly revenue share for the performance of my  Squidoo lenses during these months on 15th February and 15th March respectively.

$59.58 and counting…

And so the story continues, will my final article for Demand Studios be accepted, rejected or returned for a rewrite? How much will the next two Squidoo Paydays add to the income from home pot?

On 15th March 2011 the final tally will be made and the book will close on the $66 in 66 Days Internet Profit Systems Challenge.


Squidoo payday

Day 59 – $66 Internet Profit Systems Challenge

I got paid! This month I was the happy recipient of my first Squidoo payday and last night I made my first online sale, netting a proportion of the royalty payment from Amazon.

As my Squidoo earnings begin to take flight I thought I would  give some insight into the inner workings of  the Squidoo payday demonstrating just how easy it is to start to build an extra income with this user friendly site.

How Can I Make Money with Squidoo?

Amongst other things Squidoo is a revenue share site. This means that Squidoo lensmasters (the people who spend time creating, publishing and promoting Squidoo pages) earn a percentage of the total advertising revenue Squidoo.com earns from Adsense, Infolink and Chitika (inclusion in the Infolink and Chitika revenue share is optional).

Every month,  on or near the 15th  (it’s always early and never late) it’s Squidoo payday and how much a lensmaster earns depends upon the performance or average ranking of each of their lenses. A lenses ranking is determined by many factors but in the simplest terms lensmasters improve the ranking of their lenses by attracting plenty of visitors, boasting high levels of participation and being an active member of the Squidoo community.

How Quickly Can I Earn Money with Squidoo?

As soon as they have been live for a month, lenses qualify for the revenue share program and exactly 3 months after the publication of the first lens new squids will enjoy the first of many Squidoo paydays.

Like most revenue share sites Squidoo pay their members in arrears. This means that the January 2011 Squidoo payday related to site activity for the period 1st – 30th November 2010.

I launched two of my first lenses in October 2010, these qualified for the Squidoo revenue share program in November 2010 and as a result when the January 2011 Squidoo payday arrived I saw money in my account!

What About Commission From Sites Like Amazon?

Every Squidoo lens offers the opportunity to earn an affiliate payment through the sale of products on Amazon, eBay, Zazzle and iTunes. Simple modules allow lensmasters to easily promote relevant products from any of these sites. Every time a reader clicks from a lens through to make a purchase the lensmaster receives a commission or royalty payment.

Amazon is the best way to make an extra income on Squidoo. The site makes it really easy to incorporate relevant products, write your own personalized recommendations and ultimately benefit from any sales.

Every time a lens makes an Amazon sale the creator receives a 4.25% royalty payment.  As a comparison most individual small Amazon affiliates, people who open their own personal accounts, start in the 4% sales tier on Amazon. It takes a lot of work and a huge amount of sales to reach Amazon’s 6% tier.

Last night I made my first Amazon sale through Squidoo from a lens that I  created just two months ago on the 26th November 2010.  I have to say it was a very exciting discovery!

You Can Get Started with Squidoo Today

Read more about Squidoo Payday by visiting this lens ; First Squidoo Payday

If you already have a great idea for a lens or would have a look about then follow this link ;  Start Earning with Squidoo