growth & outlook improving lately!

in #steemit6 years ago

Welcome to the 42nd weekly installment of my series on Steemit income and growth!

Income on Steemit is generated 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 first goal is to increase my average weekly income to 50 USD.

Calculating weekly income

Considering income from accounts that I own, that my wife owns, and group projects using our funds (currently @drutter, @medikatie, @greatesteem, @hempy, @girlsofgreen, @vantocan, & @sativazeee), here's the running tally:

Week 01 - 0840 (+ ? ) Steem (+n/a%)
Week 02 - 0848 (+ 8 ) Steem (+0.95%)
Week 03 - 0862 (+14) Steem (+1.65%)
Week 04 - 0868 (+ 6 ) Steem (+0.70%)
Week 05 - 0876 (+ 8 ) Steem (+0.92%)
Week 06 - 0888 (+12) Steem (+1.37%)
Week 07 - 0914 (+26) Steem (+2.93%)
Week 08 - 0929 (+15) Steem (+1.64%)
Week 09 - 0936 (+ 7 ) Steem (+0.75%)
Week 10 - 0953 (+17) Steem (+1.82%)
Week 11 - 0960 (+ 7 ) Steem (+0.73%)
Week 12 - 0966 (+ 6 ) Steem (+0.63%)
Week 13 - 0973 (+ 7 ) Steem (+0.72%)
Week 14 - 0980 (+ 7 ) Steem (+0.72%)
Week 15 - 0986 (+ 6 ) Steem (+0.61%)
Week 16 - 0991 (+ 5 ) Steem (+0.51%)
Week 17 - 0996 (+ 5 ) Steem (+0.50%)
Week 18 - 1032 (+36) Steem (+3.61%)
Week 19 - 1040 (+ 8 ) Steem (+0.78%)
Week 20 - 1045 (+ 5 ) Steem (+0.48%)
Week 21 - 1051 (+ 6 ) Steem (+0.57%)
Week 22 - 1059 ( +8 ) Steem (+0.76%)
Week 23 - 1065 (+ 6 ) Steem (+0.56%)
Week 24 - 1073 (+ 8 ) Steem (+0.75%)
Week 25 - 1079 (+ 6 ) Steem (+0.56%)
Week 26 - 1091 (+12) Steem (+1.11%)
Week 27 - 1100 (+ 9 ) Steem (+0.82%)
Week 28 - 1105 (+ 5 ) Steem (+0.45%)
Week 29 - 1108 (+ 3 ) Steem (+0.27%)
Week 30 - 1119 (+11) Steem (+0.99%)
Week 31 - 1151 (+32) Steem (+2.86%)
Week 32 - 1159 (+ 8 ) Steem (+0.70%)
Week 33 - 1166 (+ 7 ) Steem (+0.60%)
Week 34 - 1172 (+ 6 ) Steem (+0.51%)
Week 35 - 1177 (+ 5 ) Steem (+0.42%)
Week 36 - 1183 (+ 6 ) Steem (+0.50%)
Week 37 - 1196 (+13) Steem (+1.10%)
Week 38 - 1204 (+ 8 ) Steem (+0.66%)
Week 39 - 1220 (+16) Steem (+1.33%)
Week 40 - 1250 (+30) Steem (+2.46%)
Week 41 - 1264 (+14) Steem (+1.12%)
Week 42 - 1287 (+23) Steem (+1.82%)

Average weekly income (last 10 weeks): +12.8 Steem (+1.05%)

It was our 6th-best week ever, after a good month or so, allowing my team's numbers to return to normal. It has been a long recovery since HardFork20!

my purpose.png

If we can continue with 1% weekly growth, we'll reach our first goal of '$50 per week' when our net worth hits $5000 USD. It would be tomorrow, if Steem went back to $3.88 USD. But if Steem stays at $0.30 USD, we'll need 16667 Steem to be worth 5 grand. That would be years away. So the main factor is Steem's price, and that will make or break many things.

Mission: Agua-Possible

Here is the latest weekly post for M:A-P, a project I started to collect Steem to send to @edgargonzalez for a water pump. When I've got 1300 USD worth of Steem, it will be transferred to him, but until then I'm holding the funds. There's currently 138 Steem toward our goal. It's growing slowly each week, and it functions much like a delegation. I won't get to spend the funds, but while they're on my books, they're helping boost my upvotes and team members. Indirectly, I'll see some growth because of the project. Some of that will go back into pumping up the project numbers, as I donate one 100% upvote per week to the cause. Eventually it will hit 1300 USD in value, and disappear, but the side benefits it created will remain. (That's something I'm noticing now, as opposed to something I planned, but worth mentioning. Initially I had hoped the project would snowball and reach its goal very quickly.)

I mention it because this might be part of the reason for my improving numbers lately. I'm effectively about 10% larger than I would be, without the project, and that has effects. As my total SP grows and we approach completion, I'll probably become about half 'me' and half 'project'. When I shed the project half of my Steem, I should see a measurable drop in team income, and it will be interesting to follow the data here.

I hope I'm not the only one who finds this stuff interesting. I swear, they're going to study this someday. I'm shocked they're not studying it already.

Have a great week!
DRutter

drutter steemit banner.jpg

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It's very nice to see your results improving. Time and effort put in now should continue to aid your growth. Starting to see the benefits of some interest on your SP plus higher curation payments I would presume.

Well done and nice to see an improvement in your outcomes.

Cheers,

John.

Posted using Partiko Android

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