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Beginner's Guide To Making Money Online

27Feb

Looking Back My 5 Years + Future 5 Year Goals

Posted by Paul Morales as Goal Setting

whats-in-your-futureI think it’s always a good idea to look back at your last 5 years and really think about what you have accomplished. Think about where you wanted to be, where you ended up, etc. I came across this post, I felt it being useful I decided to make my own past 5 years and future 5 year goals. You can view the post here: Setting Long-Term Financial Goals: Looking Back 5 Years » My Money Blog

The reason for taking time to look back and look forward is so you can realize the mistakes that you seem to be making over and over again. You want to know, so you can fix it and prevent it from happening again and wasting more precious time of your life.

The Past 5 Years

Today is 2009 and 5 years ago would be 2004.

  • 2004 (Age 17) - Junior Year of High School – During this time, I was just going to school and not really focusing on creating an internet business. Although, I would be constantly reading and checking up on how the market is.
  • 2005 (Age 18) - Senior Year of High School – Same thing as above. Wasn’t sure what I wanted to do with my life. I loved to avoid work like the plague because it was Senior Year.
  • 2006 (Age 19) - First Year of College – Didn’t really finish my classes. I wasn’t in the right state of mind to stay in class and focus. I regret it though. I could of got a lot more done with my life.
  • 2007 (Age 20) - Second Year of College – Again, Didn’t really finish my classes. I also wasn’t in the right place to focus.
  • 2008 (Age 21) - Third Year of College – I didn’t attend this time because I started in PPC Affiliate Marketing. I actually made a decent amount of money grossed over $70,000. 30% or so was profit, I ended up going on a losing streak and didn’t fix it. This lost money, because I was lazy to fix it. I also started spending a lot of money because I THOUGHT I was making a lot. I ended up just losing/spending all my money ;(.

I had fun, I did a lot. The reason I wasn’t really focused on anything, was because I just came out of running a successful online business a Diablo 2 Store that was creating 4-5k/month profit. I was working all the time though and just wanted to not have that much work to do.

I made a lot of mistakes and learned from them. I hope once I get something going again I will do things more smarter. As you can see, I didn’t really get a whole lot done ;) . But I’m ready to change that and get things going.

My Future 5 Years

I think it’s important to realize and know what the main goals you want to accomplish within the next 2 mo’s, 6 mo’s 1 year, 2 year, etc. Everyone, should focus on what they want to accomplish and happen for their lives in the future. At least, I know I need to be thinking about it.

5 Years is a long way to look towards the future. We’ll see how far or close I come ;)

I plan and hope to accomplish a whole lot in these coming 5 years.

  • Year 2009 (Age 22) – 4th (1st Year) College – Attending Community College to Transfer. Doing it over and going to get everything taken care of. No more fooling around. Need to transfer and get into a UC, hopefully.
    • Planning to get many certifications this year: A+, Network+, Linux+, Server+, Security+, MCP, MCDST
    • Land a Technical Computer Job for Experience. 20-35k yearly salary.
    • Run a successful web hosting company targeting my local market.
    • Run a successful web design company targeting my local market.
    • Run a successful blog.
    • Saving as much as I can and remaining frugal.
    • Eating Healthy & Exercising Consistently.
  • Year 2010 (Age 23) - 5th (2nd Year) College -  Attending Community College to Transfer.
    • Plan for more certifications.
    • More Job Experience. 40-45k yearly salary
    • Increasing Revenue for my Internet Businesses.
    • Saving as much as I can and remaining frugal.
    • Eating Healthy & Exercising Consistently.
  • Year 2011 (Age 24) - 6th (3rd Year) College – Attending Community College to Transfer. Going to try and do it all in 2 years, hopefully.
    • Plan for more certifications.
    • More Full Time Job Experience. 50-65k yearly salary
    • Increasing Revenue for my Internet Businesses.
    • Saving as much as I can and remaining frugal.
    • Eating Healthy & Exercising Consistently.
  • Year 2012 (Age 25) - 7th (4th Year) College – 1st Year of Undergraduate Degree – Transferred to a State or UC school in Bay Area California.
    • *Known 2012 Day I may Die ;) lol*
    • Plan for more certifications. Take GMAT.
    • More Full Time Job Experience or maybe leave and Focus on School & Internet Businesses. 75-85k yearly salary.
    • Increasing Revenue for my Internet Businesses.
    • Eating Healthy & Exercising Consistently.
  • Year 2013 (Age 26) - 8th (5th Year) College – 2nd Year of Undergraduate Degree – Receive a B.S. in CIS Computer Information Systems.
    • Plan for more certifications. Take GMAT.
    • More Full Time Job Experience 95-110k yearly salary.
    • Increasing Revenue for my Internet Businesses
    • Work on trying to get my MBA.
    • Eating Healthy & Exercising Consistently.

I’m not sure how realistic my expectations are for my future 5 year plan. I will definitely will be focusing on it on a daily basis.

Here are the reason why I choose my path this way:

  • Working Full-Time – The reason for working is to gain more job experience and faster capital to start my own businesses.For the downtime while my businesses aren’t successful it is more smarter to get a decent paying job (not working for $8/hr) and reinvesting your money into your business. Every 6mo’s/1year, I plan on looking for new and higher paying jobs for my skills.I am not by any means trying to stick and stay with a company. I am working for experience to get an MBA and capital to fund my businesses and life.
  • Run a Big Corporation – I’d like to get more real life experience in a big corporation and learn how things are done. I eventually want to make a big business in my life. I don’t want to run a small business and be enslaved to it.
  • Boring Working At Home - I also want to be able to experience more to life than just running my business in my own home. I’m only 22 years old, I’d rather be out there (outside seeing the sun) than being in my bedroom.
  • Save & Remain Frugal - I plan on saving a lot of money and being financial smart about money and with my businesses. I do want the nice things in life, but I can wait a while.
  • Double Paychecks & Benefits – Benefits of having a job would be a consistent paycheck with full benefits and maybe bonuses. I can pay for college right away with no debt. I can also fund my own internet businesses on the side with my own money while attending school.
  • College Campus & Ideas – In today’s age and in ancient times, college campuses were created to inspire young minds to excel in many areas including computers, medical, law, etc.I believe, going and being introduced to these lessons in college will only prepare you more for the world we live in today. I also think networking will be great because you are dealing with people who strive to receive a college education.Every rich person or successful entrepreneur had plans to attend and finish college, until they found their secret IDEA. Many companies are funding and giving bonuses to college students who are talented in certain areas.
  • Meeting a Sophisticated Lady – I think If I just create my own business within my home and not interact with the world. I will be forced to be with someone whom I am in contact with. Usually, in my hometown, you probably wouldn’t find many women who are working for a college education. I would like the lady, I marry to have a college education and not be a regular dumb dumb. An independent women with goals, is sexy ;) .
  • Job Experience for MBA - Another reason for getting a job and job experience is so I can have a more experienced resume to hold with me throughout life. I feel this is the same as developing a better physique for yourself. Dressing better and learning to communicate better with others. All these tools help us accomplish the desired goals we want.
  • Internet Businesses – I will be really focusing on my businesses and providing a quality level of service even with my busy schedules. If I can’t provide help, I will hire on and risk my own pay within the company to further support my customer service. I’m willing to collect last on things in the beginning as part of being in business.I do hope, by providing a reliable and honest service to customers. They will in return reward you with loyal customers. Everything will also be connected to my iPhone so I can contact and call customers at any time.
  • Venture Capital Funding – With getting all the job experience and getting the degrees and working my own companies. I would eventually like to create a business plan or something so I can gain funding from companies or venture capitalists. I think I would enjoy creating different big businesses. I’m not sure how just yet but I will find out.

Well, that about sums up what I plan on doing with my life. I am working on it daily so it comes my reality. I hope you learned a lot. This is a pretty lengthy post that hopefully wasn’t a waste of your time ;) . It definitely benefited myself, I will always look at this page to remind myself of the goals I am trying to accomplish.

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