[alanchavez]

> If I want to make more, I take on more projects.

Or you can increase the transactions per customer. You don't have to have more projects/clients to make more money. There are only so many projects you'll be able to work on.

However, if you already have 10 - 15 customers, and you increase the # of transactions per customer, you can reach 7 figure revenue per year.

[fredleblanc]

I guess I don't fully understand what you're saying here. For me, a "project" is "I'm going to do something for you, and you'll pay me." The only way I could gain more money that way is by raising my rate. (My projects are one-to-one.)

Otherwise, time becomes the biggest limitation. I've toyed with the idea of hiring people to work for me, but I really like sleeping at night, and I'm not sure that I can do that if I'm worrying about being able to pay people. I've heard that more people will spawn more projects and more money, but time and time again I come back to the thinking: I'm not unhappy with what I have now. No need to rock the boat.

Time, as always, will tell.

[jotm]

I think he means upselling and/or offering more paid services/products to the same customers. Hosting, a new theme, regular blog posts (outsourced, of course), plugins for social networks, integration with whatever, constant monitoring, etc. - ideally on a subscription basis. This way, you can make more money with the same number of clients.