Dot Com Mogul Status March 2007

by derek on April 2, 2007 · 9 comments

One of the goals behind this site is to use it as a vehicle to track my progress towards becoming a Dot Com Mogul. While the site has not yet been around for an entire month, I thought I would still post my progress.

  • Your income is made from the Interweb – While I do make a little bit of money from the Interweb, I do have an ordinary full-time job as a computer programmer. No BOINK! (See Covino & Rich Dictionary)

  • The minimum Internet income level is $10,000 per month (you can not add income from other sources to hit this $10K level) – Uhh, yeah…this is a problem. Maybe if I can move that decimal place over a few notches I would qualify but my Interweb income level is nowhere near this yet. No BOINK!

  • You have no jobs outside of the Internet – Another swing and miss. I’m a workin’ man right now and have a journey ahead of me before I reach this goal. No BOINK!

  • You have a personal blog with your name as the domain name – Lol, my first success! BOINK!

  • Your blog must be updated at least once per week – Looking good on this one as well. BOINK!

  • A Google search of your name must be at the #1 spot – I think I got lucky here as I must be the only Derek Semmler on Google. BOINK!

  • You must be willing to help dot com mogul wannabes – From email discussions about AdSense integration to helping out with WordPress theme problems, I feel that I am always willing to help out other mogul wannabes. The best part is that I have met some fantastic people. BOINK!

  • Give time, money or anything of value to a charitable cause each month – This is a slam dunk as I have four charities that I donate to every month (American Diabetes Association, Juvenile Diabetes Research Foundation, National Kidney Foundation, Make-A-Wish Foundation) and I also jumped in to help Stephen Fung with his Favorite For Charity promotion. BOINK!

  • Personally help at least one person establish their online presence via a blog or website or help them enhance one they already have every month – Someone that I have been helping with their website is Operation First Response, although my work schedule really limited the time I could devote this month. If you’d like a sneak peek at the new design, check out the work-in-progress. Our soldiers sacrifice so much to help protect our country and I felt the least I can do is offer my services to OFR and cover their cost of hosting the website. BOINK!

After a short month of having this site in operation, I can confidently say that I have satisfied 6 of 9 Dot Com Mogul criteria. Unfortunately, the three items that I am not satisfying right now are probably the most difficult to achieve and I will certainly have my work cut out for me.
In an effort to expand upon my progress towards the first three criteria, I will be expanding this series to include a detailed report on my journey to earn an income from the Interweb.

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{ 7 comments… read them below or add one }

Gary Lee April 2, 2007 at 10:47 pm

I didn’t qualify either . . . at least it’s something to strive for!

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Shawn Knight April 2, 2007 at 11:21 pm

Welcome to the wanna-be club lol. Maybe one day we will all get there 🙂

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Leo April 6, 2007 at 5:27 pm

Aye, I hope to get my mortgage paid off and move to the Carribean.

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derek April 6, 2007 at 5:35 pm

I’ll save you a spot and we can have Hulk burgers and Memphis Blues BBQ imported weekly!

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derek April 2, 2007 at 11:23 pm

Thanks guys! There is no maybe about it, we will get there in due time. Plan the work and work the plan, or something like that. 😉

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Natron April 6, 2007 at 3:25 pm

What niches are you working in, what type of development do you do in your fulltime job?

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derek April 6, 2007 at 5:18 pm

My main niche right now is personal finance. At the fulltime job, I do primarily Java development writing custom apps on top of Documentum.

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