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I have been asked this question about 20 times in the last week, maybe because I own affiliate programs, content plugins, and many other Websites. I asked myself this same question, about a year ago.

Each project breaks down into multiple revenue and cost streams. Such as an affiliate program can earn money from its affiliates, type-ins, other affiliate programs (exits, free sites, ect) member upsells, and many other ways, but it has major costs in different areas. Almost every project has many unique types of revenue streams; I have hundreds of revenue streams.

I broke down each revenue stream, to help give it some value.

  1. How many hours were spent creating the revenue stream?
  2. How many hours to maintain the revenue stream?
  3. How much does it cost to maintain the revenue stream?
  4. How many honest work hours do you put in each week, overall?
  5. How much per hour of honest work does each revenue stream bring in hourly?
  6. How much per hour over 24 hours does each revenue stream bring in hourly?
  7. Then a weight is added, a bonus: Is the revenue stream mostly automated?

Breaking down each revenue stream to an hourly rate and based on how much work it takes to create and maintain the project, may get you to start looking at your own projects in a different light.

Each of my consulting projects is a unique revenue stream. Since most of my projects are automated, I have plenty of spare time to create while other projects earn income. So do I create for myself or create for others?

It doesn’t matter, I charge per hour, the same rate I make on average across projects, which includes my rebills. I take less risk, get the same reward and I get to work with some amazing people along the way!

Enjoy ~ TheDoc


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