So you made your first $50 in one day. Pretty ballin’, right? Well, lets put that number into an equation. Let’s say you put in 15 hours of work per day to get there, and to keep making that kind of money you have to put in 15 more hours each day. $50 divided by 15 hours = about $3 per hour, or a couple dollars an hour for each hour of the day. Honestly, you’d be better off working at McDonalds for 8 hours to make that kind of money.
You need to put a value on your time. If you are constantly working on a campaign that is making you some sort of profit, but that is only a couple dollars an hour, perhaps it is time you move on to something else. The amount of money you make is not just equivalent to how much effort you put into your work, but what types of work and campaigns you are doing.
There are some things to consider here. Most important is the long-term value of your work. If you are constantly putting in 15 hours to post on Yahoo Answers or e-whore for a few bucks, the moment you stop is the moment you won’t be making anymore money. However, if you are putting in 15 hours a day on an SEO campaign making you $10 now, but could eventually turn your site into an authority site (I don’t see why people bother making tiny niche sites when the money lies in authority sites), that is some nice long-term value. Of course, that means sacrificing now-money for then-money.
What I am trying to say is that you as your own boss in affiliate marketing need to decide your wage/hourly pay. If you try something and, even if it makes you money, it only brings in a couple extra bucks an hour, maybe it’s time to drop it (or better yet, outsource it to someone that can manage it at a low cost for you *Indians and Filipinos are? a great option here*). Don’t underestimate the value of any part of your work. If it isn’t going to back out for you now, or in the long run, try something else.
Good point. Same thing when you try doing something that you're not good at, instead of paying someone to get it done for you.