2008 Year In Review

Recession? What Recession?

By any measures, 2008 was a very good year for John Chow dot Com and myself. I accomplished many of the goals I set for myself and saw some amazing growth from the blog. At the start of the year, the blog had just broken 14,000 RSS readers. It will finish 2008 with nearly 45,000 RSS readers and over $400,000 in income. That’s more than double the income from 2007 and more than triple the RSS readership. It’s really hard to believe that all this happened in just three years.

It’s also hard to believe that in the middle of the biggest economic crises since the great depression, I would have my best year ever. The question is, will it continue in 2009 or will I come face to the face with the economic slow down? Here are some of my goals for 2009.

Continue Delivering Value

The best way to make yourself recession proof is to deliver value to your customers (or readers in this case). Many businesses pull back on service during a slowdown. I think this is a mistake. The cream will always rise to the top and customers will always go to the business that offer them the best value.

Many would say that trying to sell a $5,000 seminar during a recession is crazy. However, Shoemoney has sold out Elite Retreat in record time and John Reese is about to pull down another $1 million day with his Business Accelerator web class. John and Shoe can do this during bad times because they deliver value.

Buy! Buy! Buy!

I plan on buying a lot of assets in 2009. The best time to buy is when everyone else is selling. Luckily, Canada’s banks haven’t been hit as hard as the US banks so I have no problem getting credit. The proper use of debt is the number one tool to make you rich and 2009 will present a ton of opportunities to apply a lot of leverage.

Many will say that buying in a market gripped by fear is stupid but it’s really just common sense. I think the words of Warren Buffett best explains it.

Warren Buffett

Travel Less

Last year, I made a goal to travel more and I certainly did that. All together, Sarah and I spent nearly 100 days away from home in 2008. Now that I’ve gotten the travel bug out of my system, I plan to stay home more and relax.

Focus On The Family

Family is the foundation of growth. No man can grow if their foundation is not solid. It really is amazing to watch Sally grow everyday and I’m very fortunate that I don’t have to spend 8 hours a day away from her. Working from home really is the ultimate way to make money online.

Serve More People

The true measure of success is not how much you make, it’s how much you give. I truly believe that the more you give, the more you will get. I gave more in 2008 than in any other year and I made more in 2008 than in any other year. There is a connection between the two.

Thank You for an Awesome 2008

I want to thank everyone who help make this blog what it is. Without you, John Chow dot Com would just be like any other of the 120+ million blogs in the sphere. Thanks to you, this blog has become something special.

Happy New Year and let’s make 2009 the best ever!


87 thoughts on “2008 Year In Review”

  1. Ben Pei says:

    Wow John, I feel happy for what you achieved in 2008 and I am sure it will continue to double in 2009. It’s currently kinda stagnant for me now, is that a common occurance before you see success?

    Happy 2009!

    1. Somes it starts to mature, you just need to find an extra way to get the users coming to your blog πŸ˜‰

      1. Sohail says:

        yeah. I think john’s goals for 2009 are more mature than 2008. Family should be more important i agree πŸ™‚ happy new year everyone

        1. Yes, family is very important.

          1. I can’t agree more with you. Good going John.

    2. Happy New Year, John!

    3. Ruben Ricart says:

      Thats amazing John! and for some reason I am very confident that 2009 will be just as great if not better!

    4. Ben Pei says:

      Wow wow I finally made it to the first to comment and everyone is threading here LOL! I was hoping John could notice my question and answer it..

      1. I guess they must have read my thread on how to be a top commentator lol!!

    5. Honestly 400k is insane from a blog!!! You are an inspiration to anyone in the blogosphere!! πŸ™‚

      1. At this rate, I predict he will go up to 600k by the end of this year.

        1. I think thats a pretty reasonable estimate!!!

  2. Chester says:

    I wish you a better year ahead John πŸ™‚

  3. Keron Calame says:

    It was a good year but 2009 is gonna be better

  4. Enkay Blog says:

    Hey John, its great to see the site progress over time. Ive been reading for 2 years now and its great to see how things have changed over time. I wish you luck in 2009!

    1. So you’ve been reading for 2 years – how long have you yourself been blogging?? I see you have 200 RSS subscribers – not too shabby!!

  5. Hey John, I feel happy for what you achieved in 2008 and I am sure it will continue to double in 2009.

  6. Melissa says:

    Hi John,

    I just found your website near the end of 2008. I’m looking forward to all your info in 2009! I just can’t believe the money you’ve made in 2008! Maybe $1 million in 2009?!

  7. Hey John, Merry Christmas and Happy New Years! Thanks for all of the excellent content and I wish you and your family a wonderful 2009.

  8. John

    Well said bro, I agree with you about the definition of success. It’s about giving! Focusing on the family is always sound advice. πŸ™‚ Happy New Year,

    -Miguel

  9. Happy new year John!
    I hope you will get 1 million in 2009.

  10. Gary says:

    Happy New Year John, let’s hope for bigger things in 2009!!

  11. Jacob says:

    That quote is one that I absolutely LIVE by. When I told my friends that I planned on spending extra money to invest in stock and all of that when all this happened, they all said I was stupid and instead, I should hold on to my cash. That quote is such a great one.

    Happy New Year, John. I hope you and your family have a great 2009.

    -Jacob

  12. John, i am happy for you that everything went great as planned.

    Wish you and family Merry Christmas and Happy New Year 2009

    Cheers,
    Hendry

  13. Lisa says:

    We’ve also been able to sneak past the recession in our personal lives and am so grateful for that. We were hit hard in the beginning of the year, but things have really turned around. Here’s to hoping I see half as much success in my lifetime as you’ve seen in 2008! Have a great new year and enjoy your family.

    1. Congrats Lisa! I love hearing when people turn adversity around and attain success. The recession doesn’t mean anything when you continue to work hard and get out there to market yourself on the Internet.

  14. Happy New Year to you and your family John. I’m looking forward to more good content from you in 2009.

  15. Jen Duguay says:

    Happy New Year to you and your family John! What a great year… 2009 holds all that and more. Blessings! πŸ™‚

  16. Gayla McCord says:

    Great job on such a successful 2008! Thanks for the Buffett quote, it’s printable and frameable – fits right in the theme of the new house that blogging bought.

  17. Jack Mehoff says:

    The end of an old year is the beginning of a new one! 2009, here I come!

  18. Success is all about giving back wish you the best in 2009 John!

  19. BusinessX says:

    Your economic strength in a down economy is an inspiration. Keeps me going, reaching forward.

    Believe regardless of economy, 2009 can be better than 2008. Just have to get smarter, more creative, and work harder.

  20. GPFree says:

    That is amazing! Congrats on your success John and I am sure you will have much more in 2009. I totally agree with everything you posted. I love the Buffet caption. I hope 2009 will be a much better year for myself and my family as well. Here is to your continued success!

  21. Harry Tran says:

    Happy New Year everyone, let’s see how 2009 plays out!

  22. johnray says:

    Nice job John. I am glad you have quite a success in 2008. I have read your e book (which i printed for my personal collection) and your first pages where inspiring. I hope you will have a great year again and your goals look sturdy enough. Reminds of the what the Bible says in Proverbs that without a vision the people will perish….hehehehehe…

  23. game-girl says:

    Many countries are going through a difficult period now. The economic recession doesn’t lead anyone to success. Lots of people are unemployed. Not so many ways are seen to get something new to relieve the burden off people shoulders and to help them to solve their problems. But the open door still exists and John knows how to come through it. Congratulations!

  24. Great stuffs there.
    I will follow you too πŸ˜€

  25. wesley says:

    Wow, $400,000 — that’s just insane!

    Happy new year πŸ™‚

  26. shun2u says:

    Wow! Congratulation Mr. Chow!

    @ Happy New Year ! πŸ˜‰

  27. Barock says:

    john, i’m really amazed with you, i’m just a young boy just graduate from senior high school, but i’m not go to college, because the economic situation in my family,
    i think this is the time to help my family, and stop become burden of them,
    when i visit your blog, and heard so many story about you, you really inspire me, it’s the start time for me to follow your step,
    thanks john you are my inspiration.
    i hope someday i can meet face to face with you.

  28. Good for you. I’d have to say that despite the economy, 2008 wasn’t bad for me either.

  29. That’s awesome. Congrats!

  30. mangatoread says:

    Yeah u r a great blogger..
    ANd I’m just like any other of the 120+ million blogs in the sphere.
    No more money.. Just sharing info..

  31. When you say you’re going to be buying in 2009, are you referring to stocks? If I had the extra cash rolling around there’s a few I’d get…but I don’t think I’d go “all out” with my spending.

    1. I personally disagree – as John mentions, it is definitely the time to start buying good companies and they’re being sold at a discount price!!!

      Just gotta do your Due Dilligence and make sure it is a good company to buy to begin with!!

    2. John Chow says:

      I am buying stocks but mostly I will be concentrating on real estates. The stock market is a very efficient market and that makes it almost a zero sum game. I like markets that are not efficient. Easier to game. πŸ™‚

      1. My aunt has been a real estate agent for 25+ years & she keeps telling me to do the same thing. I think I will.

  32. Excellent work!!! My blog has only been around for about 3 months or so, so there’s lots of room for changes, growth, etc…

    And as far as people not spending money online, I think you’ve reinforced the fact that even in tough times, online business is booming.

  33. brad says:

    your welcome, john πŸ˜‰

  34. Chris says:

    Nice Post John.
    I completely agree with Warren Buffets quote “You should be greedy when others are fearful”. A recession should be treated as an opportunity. A time to invest as others are shying away. I dont know about you but Im taking advantage of the recession by investing in the stock market while the share prices are low. Its also a good time to buy gold and to start a business. You wont need to worry about competitors as 99% of the public are shying away from risk. You can only make money if you take risks..

    I too have had a fruitful 2008 with some strategic property investments before the credit crunch.

  35. Oh & another thing that’s important is living life to its fullest. There are people that have so much money, but don’t really live each day as if it were their last.

    1. BusinessX says:

      That is what I thought too when I first read Millionaire Next Door. People who have 6, 7 figures in the banks but never turn on the electricity. There is balance to living and making/having money.

  36. J.D. Meier says:

    Nice frame and points.

    I measure my success by how well I lift up others. It makes me stronger.

  37. I’m pretty sure that you enjoyed 2k8 with your earnings, and congratulations on all what you acheived and wish you more success!

  38. By day I am a realtor in the Orlando area, so if your investments include a winter retreat in sunny Florida, let me know. I can hook you up!

  39. Mominator says:

    Congratulations on a fantastic 2008….may 2009 be even more prosperous. Happy New Year!

  40. Alex Terry says:

    Hey John I’d just like to thank you, because as a college kid i’ve been able to collect atleast 100$ a month on top of my crappy day to day job… its really been a help to provide me for gas/date money it truly is a blessing to read your e-book! Im so glad your new years went well and I can only to aspire to one day have a job that enables me to actually live life… I transferred away from a traditional state college for that reason actually – to pursue my passion of art and reading your blog and hearing of your story only pushed me over the transfer question wall… Thank you!!! truly a life saver =D im pleased with my decision!!

  41. Alex Terry says:

    Hey John I’d just like to thank you, because as a college kid i’ve been able to collect atleast 100$ a month on top of my crappy day to day job… its really been a help to provide me for gas/date money it truly is a blessing to read your e-book! Im so glad your new years went well and I can only to aspire to one day have a job that enables me to actually live life… I transferred away from a traditional state college for that reason actually – to pursue my passion of art and reading your blog and hearing of your story only pushed me over the transfer question wall… Thank you!!! truly a life saver =D im pleased with my decision!!

    -alex

  42. You know what John…without you in the blogosphere, there would be no blogs really. lol.

    -Mike

    p.s. I’m not kidding either

  43. John,

    A great year for John Chow! We are less fortunate in our online efforts, but steadfastly continue to strive towards the dot com lifestyle.

    My family has been supportive of my selection of affiliate marketing and blogging as a career choice. I refuse to give up until this dream becomes a reality.

    Respectfully,

    Nicholas Chase
    http://www.twitter.com/nachase

  44. Kizito says:

    A prosperous new year to you John Chow . Thanks for your offer to help with blogging plus your book .You’re such a nice fellow.

    I respect you for what you do .

    yours

    Kizito

  45. John – You’re right . . . this is a great year to purchase hard assets like real estate or commodities. With the Dollar (US, CA) in decline, and inflation likely to hit, hard assets are great for protecting your money.

    Happy New Year, my friend!

  46. game-girl says:

    I think we must participate in different segments of the market-estate,stock,services,trade and internrt ones.Two years ago I was successful in the estate sector and feel great satisfaction about it.

  47. Prasanna says:

    Hi Jon, congrats for your fabulous achievement in 2008. Let the new year give you all the good things you wished for.

  48. Mortgage Guy says:

    Yeah keep rubbing it. Make us feel bad. Its like the real estate agent. When you ask her how she is doing in these times ? You know what she answers in a perky voice ?
    ” Great! We are doing great! ” I guess that’s the way this world lives…

  49. Timon Weller says:

    Certain businesses are not effected by recession, internet based world businesses is one of them.. Basically they are recession proof.. It is unfortunate however for those that are effected by recession..

  50. Thuy says:

    Congratulations, John! I’ve been following your blog for the past few months, and I think you’re very witty. Wish you all the best in ’09 πŸ™‚

  51. invest money says:

    Hi John, can you break down revenue per quarter? So we can see if revenue is stable or decreasing in the last three month.

  52. Linda says:

    Thanks for the positive thoughts John

  53. Interesting quote by Warren, it definitely need trigger to roll the economic if everyone is on tight budget, just imagine nobody going to mall, no shopping, no watching movie etc due to recessions, thy business foundation will surely collapsed, since no sales.

  54. game-girl says:

    After the recession there comes a growth of the economy.

  55. Atniz says:

    Congratulations on your biggest success and sharing. You are my idol and the first blog that I ever seen. I will try my best this year to be special from 120+million of blogs.

  56. game-girl says:

    Don’t create some idol for yourself,it is not good for your development!

  57. Tommy says:

    That’s great that you have achieve your goals in 2008. Goals are really important since it can lead us to success in life. I hope that I can earn at home πŸ˜€ I’m still a student tho thinking to make extra pocket money.

  58. Jage says:

    it’s very nice spending all times to our family

  59. ciprian says:

    Congratulations for your achievements!
    I have the same opinion about the recession. When you deliver value you don’t have to worry about a thing. It is just as simple as that.
    You are doing a great job. Best wishes to you and your family.

  60. tv says:

    Wonderful post. Congrats on a great ’08, and best wishes for a prosperous ’09.

  61. slamy says:

    I hope in 2009 I start get money on line . I learn from Jc much

  62. Andres says:

    President-elect Barack Obama is facing unprecedented challenges. The image of U.S. the world will change under the new presidency and the undisputed Advice John Chow, an American original, whose purpose, unique and exclusive, is to make money. This is not to underestimate, because the blog of John Chow does and wins a lot of money each year.

  63. Glad you achieved your goals!

  64. SEO Tips says:

    It has been a very interesting year for people globally a lot has happened and lets hope 2009 has a more positive outlook.

  65. 100WordRants says:

    I sure hope this year will start out better than 08 ended. I do believe that a record number of people will be intrested in trying to make a few extra bucks online, so John, I hope you are prepared for the increse in revenue and traffic! Yeah I am sure you are too!

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