I graduated from university in 2001 with a business degree but somehow managed to avoid learning anything. I scammed out of taking calculus altogether and couldn’t draw up a balance sheet if my life depended on it. Come to think of it, I’ve forgotten pretty much everything I learned in school except maybe how to mix some lethal cocktails and how to sleep in for an obscene amount of time.
I might not have absorbed much useful information in my years at uni but I did learn a bit about revenue and expenses. Based on this alone I can see that website publishing is a great business to be in.
My operating expenses consist of hosting and domain registration. I suppose I could factor in my laptop cost and yearly depreciation and all that complicated stuff but let’s just assume I’d have a laptop whether or not I was running a business and conveniently forget about it. I have, in the past, paid for links but let’s forget that too so I can stick to the minimum cost of keeping my websites running for a year:
- Domains – At the moment I have 15 which cost $10 per year for a total of $150.
- Hosting – I host all of my sites with Dreamhost which is about $150 a year.
- Internet – At the moment I pay £5 per month but when I start travelling I’ll be relying on free wiFi.
So my total yearly costs come in at around $300. My hosting is paid up until mid 2009 and most of my domain names are locked in until 2010 so I’ve got no operating expenses to worry about for awhile which is pretty sweet. Even when the time comes to pay the bills again, they’re not really that much when compared to the revenue this gig brings in. Actually, at the rate I’ve been going lately I’d able to cover my yearly operating expenses after one week.
If the internet collapsed tomorrow I would only be out of pocket a few hundred bucks but the earning potential is virtually unlimited. I don’t need a degree to know that publishing websites is a good business to be in!
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