What Is Your Earning Motivator?

What Is Your Earning Motivator?

 

How would you answer that question if someone asked you? I used to say, “Things are getting better,” but I really didn’t have a clue exactly what amount of money I was making or not making. Not that I was trying to deceive anyone; I know my income is growing but I just never kept track until it came tax time. “Bad Idea”

What Is Your Earning Motivator

This time I decided to start keeping a daily total and just see how well or how bad I am doing in terms of earning online.

 

Some places that you earn money from online will not pay you until a certain threshold is met or maybe they only pay every 30, 60 or 90 days after a sale and by that time you have no idea what you have earned.

 

I have created a simple spreadsheet (Microsoft version and Open Office version) that you can download below and begin using to start keeping track of your daily earnings.

I call this my “Earning Motivator Sheet” Download your preferred version just below.  downarrows


Earning Motivator Sheet – Microsoft Excel version

Earning Motivator Sheet – Open Office version

Each day that I can add an amount that I have earned money, is a day that gives me more motivation in what I am doing and I am seeing the proof right in front of me and that motivates me to work harder.

 

We all know that any bit of motivation that we can get helps with confidence, determination and the drive to keep going.

 

It doesn’t matter if you have earned only 1 cent yesterday from Infolinks, Google Adsense, Chitika or another alternate way of earning from ad revenue; it all adds up.

 

For example before I started paying attention and keeping track, I just assumed that Chitika was not doing anything for me and I took all but one ad off of my site. I was totally surprised when I finally did look and see that I have $6.91 holding in my account. Their payout hold is 30 days and $10.00 to PayPal. I probably would have already been paid had I not take the ads down from my site.

 

Now I realize that $6.91 is not a fortune but added together with my other MSI (Multiple Streams of Income), I am now able to see that I am making a difference little by little and I can put more focus on the MSI that is doing well for me.

 

What about you? Is this too insignificant for you to take the time to do or do you think those cents adding up each day will help motivate you more?

 

What Is Your Earning Motivator2I really would like to hear what you do to keep track or maybe you don’t keep track at all.  Would seeing a money amount even as little as 1 cent keep you motivated to do more?  

 

Don’t forget to download and try the “Earning Motivator Sheet” that I have available for you to use.

Earning Motivator Sheet – Microsoft Excel version

Earning Motivator Sheet – Open Office version

 

arrow5-aThank you for visiting and if you found this post helpful in any way, please leave a comment and share on your favorite social sites.

 

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Affiliate Links Mentioned Above: 

Chitika

Infolinks

 

About Monna Ellithorpe

Writer, Published Author, Teacher, Blogger, Marketer. I have written most all of my life: journals, diaries and short stories. When faced with a life decision, writing kept presenting itself to me at every turn. I then started to seriously pursue a career in writing.
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54 Responses to What Is Your Earning Motivator?

  1. sherill says:

    Hi thanks for sharing these great ideas. I’ll definitely start using a spreadsheet, you are right I need to know what’s working and what’s not. Thanks 🙂
    sherill recently posted…The #1 Reason to Have a MentorMy Profile

    • Hi Noah, Thanks so much for your visit and commenting. I almost deleted your comment because your avatar is not showing. You might want to check that out. It does make things easier to have a daily total, no matter how large or small it is. It helps with motivation too.

  2. Hello Monna:

    I really enjoyed your post. You point out some very valid reasons for keeping a spreadsheet. I too track everything on a spreadsheet. It’s so easy to get distracted and forget where the funds are coming from. But it’s essential so you can see what’s working and what isn’t so you can duplicate what is working!

    Your comments here are very valuable too! Lot’s of good ideas and perspectives. No one wants a mess at tax time.

    Thank you for being so generous with your experience and advice.

    Deborah
    Deborah A. Ten Brink recently posted…What To Do After You Install WordPressMy Profile

  3. Hey Monna,

    I am highly impressed with idea of spreadsheet of earnings. I have downloaded your spreadsheet and must say it is very simple sheet but outcome is very high. I started to try this and will share the result very soon.

    Thanks for sharing this valuable tips.
    Rohit Gaikwad recently posted…Line’s Popcorn Buzz: Free Group CallsMy Profile

    • Hi Rohit, Thanks for your visit and your kind words. I hope the spreadsheet does help many others. I would be interested to see the results from those who have decided to use my spreadsheet.

  4. Adrienne says:

    Hey Monna,

    I do keep a spreadsheet of my earnings as well, my tax lady loves me for it too. When I make a commission or receive any type of payment whether it’s online or in the mail I immediately jot it down. So that does help me keep track of everything and I’ve been doing that since I started working online. I just thought everyone did.

    I believe that if Adsense or InfoLinks or whatever it is you are doing is part of your business model then sure, I say do it. If it’s not then I wouldn’t waste my time. The reason is you never want anyone to leave your site to go to another site before they’re ready. People may see an ad, click on it and the next thing you know they’re gone never to return again because they forgot where they were before they became distracted. That’s one more prospect you’ve just lost. Like I said though, if that’s part of your business model and you’re making enough to warrant having lost them then I say all the more power to you. If not though then I feel it’s definitely not worth the little amount you’ve made.

    Most of us are here building our businesses and we need to do what’s best for each of us.

    That’s just my thoughts on this but I’m thrilled for what you’ve made if you are. Yay!!!

    Enjoy your week Monna and take care.

    ~Adrienne
    Adrienne recently posted…Why You Are Never Too Old To BlogMy Profile

    • Hi Adrienne, OMGosh, thank you so much for your thoughts on this. I had not really thought of it in that way. I have done that myself too many times (get distracted by an ad or something). I don’t know why I didn’t think of it from the perspective of losing someone off of my site for just a few pennies.

      There is so, so much that can be either good or not so good for a blog. It does help greatly to get opinions from someone like you who has been making a success online already. I will definitely have to rethink my plan.

      Thank you again and have a wonderful week too.

  5. Hi Monna,

    I don’t keep track of how much money I make. I use my checking account that shows how much goes in and how much goes out. I know I should take your advise and keep better track of it.

    I know this is off subject but your blog is so nice and easy to read because of the way you have it set up. I love it. It is so easy reading on the eyes. I’m getting ready to set up a new blog and I want mine to be easy reading too!

    You have an awesome week ahead!

    Linda
    Linda Schrier recently posted…Using Different Methods To Get TrafficMy Profile

    • Hi Linda, Thank you so much for visiting and commenting. Thank you. I have changed my blog theme so many times and I do like this one very well. I’m not going to say I will not change it again because everyone knows I did change it not too long after I said that before, LOL. I keep records on Microsoft Money too but I use that for when I actually receive the money and the spreadsheet for those times in between. Wishing you a great week too.

  6. Hey Monna, cool idea about your earning motivator sheet. Good point. If the small things don’t motivate you, you need a different perspective!
    Andrea Ansari recently posted…Vitaliy Dubinin Interview – L4 Leader & Motivational CoachMy Profile

  7. Mark says:

    Thanks Monna!

    And it is definitely a sure bet that they are literally millions of Internet marketers, that don’t consistently
    earn $6.91 per day!

    No matter “what” they may be attempting to do! Thanks for sharing your spread sheet resource!

    That is definitely a great motivator and like you shared, it provides daily evidence of
    what’s actually happening!
    Mark recently posted…Wonder Why So Many Extremely Savvy Entrepreneurs Miss This incredibly Simple Marketing Opportunity?Part FourMy Profile

  8. Hi Monna,

    You know I never have really thought about using a spreadsheet to record my commissions lol but your idea seems like the smart way to do it 🙂 Thanks for sharing your valuable tips!!
    Joan Harrington recently posted…What’s The Best Tactic To Convert Your Blog Visitors?My Profile

  9. It is fun to see those incomes coming in and track them… I receive emails from my sources, so these get added to my accounts spreadsheet… oh what fun they are!!

    It’s good to record everything in one place and I love the idea of your “Earning Motivator Sheet”

    I’m definitely going to take a look now! Thanks for sharing it with us all 🙂

    ~Jacs
    Jacs Henderson recently posted…Do You Leave Your Footprint Wherever You Roam And Generate Leads Behind You?!My Profile

    • Hi Jacs, Thank you. It still is hard to keep straight when you sometimes don’t get paid for something for up to 90 days with some places. But since starting this, it does help a lot.

  10. Joy Healey says:

    Hi Monna,

    That’s something I’ve been doing for quite a while and it does help to see the commissions mount up…. and it offsets the depression you might otherwise feel if you only record the costs 🙂

    Have a good weekend, Joy
    Joy Healey recently posted…Getting Paid To BlogMy Profile

    • Hi Joy, Exactly. I felt as if everything I was doing was for nothing but once I started doing this and seeing it in front of my eyes, the feelings of always treading water went away. Have a good weekend too.

  11. Hii Monna ,
    A good idea to do this if it keeps you motivated .
    I am sure it is a good feeling for you when it adds up .
    Good to have the Earning Motivator Sheet 🙂
    Thank you for sharing your thoughts on this
    Erika
    Erika Mohssen-Beyk recently posted…The Loving Kindness Meditation – A GiftMy Profile

  12. Wow great pointers. I admit I never kept track of every penny either but it is time I do, before tax time LOL.
    Miriam Slozberg recently posted…An Overview of Authority Marketing with Jeff BealeMy Profile

    • Hi Miriam, I hate tax time so I started keeping track a long time ago but I didn’t keep track in this way as a motivator. Sure works better for me. Thanks for your visit and commenting.

  13. Hi Monna,

    I do keep track of every penny and it’s definitely a motivator 🙂
    My business is a bit seasonal so I know I need to ramp up when a new season starts and checking my sales daily helps push me along the way 🙂

    Thanks for sharing!
    Best
    Monisha
    Monisha Kapur recently posted…What to Wear to a Summer EventMy Profile

  14. Hi Monna,

    This is so good to know! Since I just started my self-hosted site I can now add affiliate banners and such to start MSI. Thanks so much for reminding me to keep track of that.

    Take care,
    Lillian
    Lillian De Jesus recently posted…6 Steps In Creating An Irresistible Freebie Opt-In Using CanvaMy Profile

  15. Monna

    What a great idea, true motivation. All those penny’s do add up to a lot over time. So it worth keeping track of them.

    Thanks

    Andy
    Andy Lockhart recently posted…Review of the Instagram Layout AppMy Profile

  16. Hi Monna. If I were an affiliate marketer, I would want to keep track of everything. The way you’ve found sounds organized and relatively effortless. Good idea!
    Willena Flewelling recently posted…Smoky SunsetMy Profile

    • Hi Willena, Thank you. It really doesn’t take that much time and first thing in the morning it does increase the positive knowing that something you did the day or week before is working.

  17. Sue Bride says:

    Earning commissions I actually see in the bank are a real motivator. I’ve various amounts sitting in places that have a minimum payout limit which I haven’t yet reached. I don’t keep track of smaller amounts but I sure remember the bigger ones but those don’t come too often.

    Thanks for your sheet, I’ll keep better track of the smaller amounts as a motivator.
    Sue Bride recently posted…Free Tools to Check Competitors WebsitesMy Profile

    • Hi Sue, The ones with minimum payouts are a pain sometimes, especially if it gets to the point to where they start taking it back if you don’t meet their threshold.

      • Sue Bride says:

        I’m not sure I’ve had payments taken away but some places I gave up on and haven’t checked. I am with one network which places ads from reputable companies on my blog. The rate of pay was really good but I’m not getting as many ads now and the rate they pay has dropped a lot. I’m waiting until my next pay threshold is reached so I can opt out.
        Sue Bride recently posted…Free Trials for Online MarketersMy Profile

        • Hi Sue, I don’t think it’s right for a company to take commissions back if you have not met a threshold. I would think it would be smarter to keep it and earn some kind of interest on it and it still be ours.

  18. It’s good to keep track of the actual “results” you are achieving as you build you business, Monna.

    This helps keep you on your path, and it does serve to keep you motivated.
    David Merrill 101 recently posted…How Do Bloggers Make Big Bucks?My Profile

    • Hi David, Thanks for visiting and commenting. I agree and I am quite surprised at the amounts I’m seeing. Too bad I won’t get paid for them for a month or so but, then again I can’t spend it. It is definitely keeping me motivated.

  19. Hi Monna, I am looking forward to the time I earn my first penny online. I will officially frame it LOL. Thank you for great information and the spreadsheet will come in handy…soon.
    Lolette Stephenson recently posted…On My Way !!My Profile

  20. Great idea Monna. However, I’m still a bit old fashioned with my taxes. I use a handwritten notebook and place everything into categories. I make copies of all my bills and earnings, put them into envelopes, and then list it in the proper section of the notebook – all very time consuming at the end of the year. I like that you are tallying it every morning so it is crystal clear and not so overwhelming in January of the next year.

    Warmly,

    Dr. Erica
    Dr. Erica Goodstone recently posted…What are the Benefits of a Long-Term Business Relationship?My Profile

  21. Emi says:

    Hi Monna,
    It’s always a good idea to track everything, I will check it out for sure
    Thank you for sharing
    Emi
    Emi recently posted…Sосiаl Mеdiа Buttоnѕ fоr FасеbооkMy Profile

  22. Hello Monna, Wooo Hooo An Earning Motivator! Love that title! LOL

    This is important to know where you are making money HUH? Yeppers
    having multiple income streams does Rock but most of them you do need to go in
    and make a withdrawal so this would be a great reminder.

    Great Share, Thanks Chery :))
    Chery Schmidt recently posted…Success Is Knowing Your Purpose In Life- Part 1My Profile

  23. Hi Monna,

    I have to laugh while I read this because a similar thing happened to me recently. I received a check in the mail for a nice amount of money. First I thought it was a scam….If I signed this I would be obligated to something. I could not for the life of me figure out the name of this company. Then it hit me….I was selling something two years back and it caught on.

    Since then, I’m checking my accounts. he he he…. It sure does feel good no matter what the amount is because I know there is money coming in from somewhere and that is a good thing!

    -Donna
    Donna Merrill recently posted…Your Silent Inner VoiceMy Profile

    • Hi Donna, That would make you nervous to think you would be obligated if it were a scam. I’ve had that happen a couple of times too. I check mine every morning and write them down. It only takes a few minutes and it does make the day start on a more positive note.

      • Hi Monna,

        It sure did make me nervous at first. There are so many scams out there one has to be careful. From our online sources to our snail mail ones.

        I get so many suspicious emails and never open them. Those “just in case” moments when you click to open and then you get a bug. Also thank goodness I do have a good spam blocker.

        -Donna
        Donna Merrill recently posted…The Internet Marketer LifestyleMy Profile

  24. BG Jenkins says:

    Hi Monna,

    Great idea! I definitely downloaded my copy. Thank you! We don’t realize how much all those little pennies add up to, but they do. Glad you’re keeping on top of things. Thanks for sharing this. It will definitely keep us more aware of what all is coming in.

    • Hi BG, Thanks and happy to help. If you run in to any problems with the formulas on the spreadsheet, let me know. I checked them over quite a few times but you know how some things happen.

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