Welcome to the 6th weekly installment of my series on Steemit income and growth!
Income on Steemit is generated both by "investment" (the more Steem you have, the more you earn) and by "work" (earning Steem by contributing content that adds value). Already having invested my savings in Steem, I'm now "working" by uploading unique valuable content to the blockchain. My goal is to increase my average weekly income to 15 Steem.
Calculating weekly income
Considering income from all accounts that I own, and that my wife MediKatie owns, and accounts started as group projects with my funds (currently @drutter, @medikatie, @greatesteem, @hempy, and @girlsofgreen), here is the updated running tally:
Week 1 - 0840 (+ ? ) Steem (+?%)
Week 2 - 0848 (+ 8 ) Steem (+0.95%)
Week 3 - 0862 (+14) Steem (+1.65%)
Week 4 - 0868 (+ 6 ) Steem (+0.70%)
Week 5 - 0876 (+ 8 ) Steem (+0.92%)
Week 6 - 0888 (+12) Steem (+1.37%)
Average income = +9.6 Steem per week = +1.11% per week
Week 6 was atypically good. I won 2 SBD from @fishyculture (I counted 1 this week and will count the other on next week's tally). I also gained some mystery delegation on @GirlsofGreen (50 SP), so thank you to whoever that is. And (not that it affects income) I hit 48 rep this week. Bravo, thank you, thank you. This brought the average weekly income up to over 1.1% per week! It will be exciting to see if we can maintain that pace, and next week is looking good already because we've got several large payouts coming!
At an average 1.1% weekly rate of growth, I'll reach my goal in 39 weeks - about 9 months!
Anyone investing some capital and a year of full-time work on a project can expect to be compensated. When I hit my goal, if Steem is $4.25 like it is today, I'll be drawing about $212 (50 Steem) per month as income. It isn't a lot in terms of money, but I'd be doing what I love, and though slowly, my account would continue to grow. That's what I call "Steemit rich".
I want to take a second to thank everybody who has taken part in this adventure in one way or another. You're probably not thanked enough, or appreciated enough, so I hope you know I do appreciate you.
Don't forget to dream, and to believe your dreams are possible - because they are. Believe them, and they're that much closer to reality! Don't discount the possibility of incredibly amazing things happening, including your dreams. Believe in them, and go about making them come true, and they will. Never give up.
DRutter