2009 was a great year as I started seeing momentum with my online business. I learned a lot about what I need to do, and also about what I don’t want to do. Everything is a learning experience that I can take with me and improve upon.

Now that we’re a full week into 2010, I’m starting to plan how I’m going to build up my online business to reach even greater heights. Planning and evaluation is an important process no matter what kind business you’re in. I need to evaluate the areas where I can improve, and then plan how I’m going to do so.

Along with planning, this is the time to set goals that you want to accomplish. The goals should be realistic and achievable. Don’t set them too high, but at the same time you don’t want to set them too low as you’ll only be cheating yourself.

When it comes to making money online, many prefer building multiple niche sites to earn income from. This is a great avenue to go down and may be easier than building just one authority site.

However, I personally want to focus my time on building ReplaceYourSalary.com as an authority site and blog. That has always been my intention from the start, and right now I don’t see that changing.

Eventually, I may pan out and start diversifying my efforts into some smaller niches, but that won’t happen until I have met my goals for this site.

I’m slowly getting there, but I have a long way to go before I reach the amount of growth and income I expect to get from this site. The potential is and always has been there. 2009 was very evident of that.

My goal for 2010 is to have systems in place that are going to help me reach my desired income. Systems can be anything from having the right people for the job, to having the right processes in place.

This means I’m going to be outsourcing a good majority of work this year in regards to marketing my website. This I feel is the only way I’m going to be able to be most productive and achieve the goals I have set for myself. I’ll still be doing a good portion myself, but there are some areas I’d rather leave to someone else.

There are also new processes I have learned and will implement this year that should dramatically boost my site and earnings. I’ll mainly be focusing on Web 2.0 sites and article marketing. This combination has proven to be effective, and I need to start utilizing this marketing strategy.

Another area I need to do more with is video marketing. I hadn’t done much on YouTube last year, and I want to change that this year. Video is an incredible medium with so much potential. I want to really grow my OnlineWealth channel up and get more exposure with my current videos and also future videos.

Specific goals I have set for this year are:

  1. At least $1,000/month income
  2. Blog minimum of 4 posts a week
  3. Alexa Rank – 100,000 or less

These are the main areas I’ll be focusing on this year. Like most people, time is my biggest concern. This is why I’ll be outsourcing some work so that I can focus on other areas of my online business. If you look at all of the successful internet marketers and online business owners, every single one of them outsources. It’s time for me to follow that successful pattern.

What do you plan to accomplish this year? What are some goals you have for yourself personally or for your business? Share them in the comments below…