So what are my expectation in terms of money. That’s what we all want when uploading to stock sites. A decent passive income to supplement the income from our day jobs.
For me it’s to help pay for this hobby.
My expectation for 2019. Is to get my stock income to start paying for the software I use and this blog. This is a simply goal I believe I can hit with in the first few months of 2019, if I put the effort in to getting decent images.
I want to set realistic goals so to start with, I would like to see my earnings at roughly $20 a month by July. This may seem small but like I say this first goal is to get my hobby to pay for its self then I can move on to the next.
After the first goal of $20 by July. I would like to see the time I will be putting in to stock photography increase my earnings to $50 a month by the end of 2019. Again not a big goal. But this will have been the first full year of actually taking it a little more serious.
This will also give me the time to play around and see what images of mine sell. Then I will be able to concentrate most of my attention to the type of images that are selling.
In 2020 I would like to see my earning reach over the triple figure mark. This will be a great achievement. It will also start to help improve my equipment over time. At the moment I am using a canon 80D. My goal one day is to be able to purchase a canon 1DX mrk iii, it will be out by the time I can afford one. I will be creating a whole page on this website dedicated to gear so I can update when ever I get more. Also I will be going in to why I purchased each item and what I use them for.
Then going off a brilliant post I read by Alexandre Rotenberg ‘How to Earn $500/Month with Stock Photography‘ I would definitely give it a read if you are wanting to get in to stock photography as this is not a get rich quick scheme. You will be able to see if its something you want to get into. even though it states $500/Month. By the end of the 3rd year 2021 I would like to be reaching $300 per month. I believe this is a realistic goal to achieve by then.
If by then I do reach $300 per month this would be an amazing 3 year journey in to my stock income. We shall see the out come at the end of 2021. I hope you stick around to see what happens.
Maybe I am setting my goals to low.
But then again I need to improve my technique. Learn what makes a good image technically. I don’t want to set my goals to high because if I do not reach them this could put a downer on the experience and make me give up on it.
I have never taken a photography class in my life, this is all just a hobby that is self taught. The best way I learn is just by doing it and learn on the way. This way I can figure out and learn from mistakes. But also I will find ways that work for me and not just mimic the way other people do things. Which would of happened if I went to a class to be taught. But if you are starting out definitely learn the basics so you can shoot in manual mode. There are plenty of site on the web that will teach you this.
What were your expectations when starting out did you reach them how long did it take you?
What are your expectations if you are just starting out when do you want to reach your goals by?