Passive Income and Microstock Earnings for February 2011

By Cory • Jan 5th, 2011 • Category: Business of Illustartions

Happy 2011! It’s a new year, so it is time for new resolutions. I posted my 2010 resolutions here. I thought I’d review how I did on those goals and make new ones for 2011. Here’s how 2010’s goals went:

Earn $3000 in a month with my stock art/passive income

I was hoping to continue my amazing growth from 2009 into 2010, but it didn’t happen. Things slowed down for me in 2010, and I fell short of this goal. My best month was around $2900, so I wasn’t really that far off. Also, I didn’t count all the money I got from Veer’s “Dash for Cash” which would have pushed me well over this goal. I guess this one will go back on the list for 2011. Failed (Barely)!

Get some Flash files online for sale.

I was looking to expand my stock offerings with Flash files this year. Unfortunately with iStock’s announcement about royalty changes, I decided to shelve this goal. There aren’t that many places to sell Flash, so I didn’t see the point in working on this. Failed (Abandoned)!

Equal or exceed my income from before I quit my 9 to 5 job.

This was probably my most important goal. It was on my 2008, 2009 and 2010 resolutions list, but no longer. I accomplished it, so I can finally check it off my list. Success!

One out of three isn’t too good, so I should probably create some easier goals. Or, I need to work harder. Here are my resolutions for 2011:

Earn $3000 in a month with my stock art/passive income.

Make $500 in a month at myStockVectors.com.

Increase my freelance earnings by 15%.

Learn and submit 3D illustration files.

Get to 4000 stock art files.

OK, so that is a lot. I guess I just have more goals to fail (I mean accomplish) in 2011.

This post was written on IllustrationInfo.com. Content copyright 2011 Cory Thoman.

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