A guy who was born in Canada, grew up in Indonesia, went to high school in Australia, spent half a year in Hawaii, and ended up back in Canada.
This is my story...
DR's Corner
Sunday, June 05, 2005

Breakthrough pilot day 4

Day 4:

- Researched affiliates & ads, looked at sites making money from these.
- Found some more info about pay per click sites.
- Sent messages to various people on Sitepoint forums who're earning a full time income from online businesses.
- Emailed R & D.

Some thoughts & ideas:
- Driving traffic by buying, targeted content.
- Separate sites for various methods: PPC, Affiliates (such as Amazon), ads, blog, SFI, GDI.

I got a response from 2 people yesterday, both very helpful advice on starting out on my own business, and both of them living a full time income from their online businesses.

These people are members of Sitepoint forums, and I'll use their forum name here:

Nintendo:
1. Would you be able to share some of the lessons you have learned during your time in this business?

The biggest thing I learned was to shut up about something if you discover something that makes you nice earnings.

For example, you make something that has very little competition, ie Amazon AWS stores with mod_rewrite, two years ago. You soon rack in the cash BIG time, like $13,000 in six months, just from letting Google Googlebomb you, causing a half a million URLs to be indexed. You also give the script away for free. *BIG NO NO.* Soon a lot of others are using it. There sites get indexed in Google, and BANG, your earnings CRASH, even with 1,000,000 AWS URLs indexed in Google now!!! Crash as in under $1,000 for a quarter on a non-Holiday quarter. That's what happened to me and the Amazon program! 'Redistribute the wealth' and you lose big time! Double the competition and you cut in half the number of visitors you get!

Think of Steve Jobs telling Bill Gates his Apple secrets, and then Microsoft takes over the world! That's what happened to me with the Amazon program. Me being Steve Jobs, and the over 150 other webmasters being Microsoft!!

Don't put your eggs in one basket.

For example, some people rely on 100% of there income from Googles AdSense. Yet, at the same time people report getting the invalid clicks E-Mail, where Google dumps them from the program. Try to make money from as many different affiliate programs as possible. Right now I get earnings from six affiliate programs. If I ever get dumped from Google, I'll easily be able to replace the ads with something else. Amazon, ClickBank, Commission Junction, MaxBounty, and ShareASale are some great programs to look at, for leads and sales. I stay away from the CPM banner programs.

Sell your own products.

It's just another way to make some money. Many people make and sell E-Books or articles. Some of those have reseller-rights where you can sell them over and over making money each time after making back what you paid to get them. Some people make $10,000 a month by doing that and promoting there pages through PPC such as Google AdWords.

Content is king.

For content sites, using public domain content is an easy way to get content. You can for example, edit those books and resell them or put them up on your own site with out having to ask any one for permission.

2. How long did it take you to build up your business to the point of achieving pretty good income?

In 2003 I started making Affiliate program sites, and in January 2005 I started doing this full time.

3. Would you be able to recommend other people that I should also talk to, to get some more insight and knowledge about being successful online?

Aspen (Note: Co-incidentally, I also asked Aspen the same questions)

Aspen

1. Would you be able to share some of the lessons you have learned during your time in this business?

See: http://www.websitepublisher.net/successful_website/

2. How long did it take you to build up your business to the point of achieving pretty good income?

From the start of myself trying to make a for-profit website it was 2 years until making enough to live off of. 4 years for a 6 figure income. I've now been doing it for 6 years.




These responses are very helpful, and the sites they gave me contain lots of information that will definitely be useful in the beginning of my quest. I'm starting to get an idea of how long it will take before I can start earn a full time income from doing this.

With many thanks to Aspen and Nintendo at Sitepoint forums.



Technorati tags:


Blogger cun2x said...
Darrick,

Congratulation! You seem to have a lot of works done in only 4 days. :) Hope to achieve as much breakthrough as you do! ;)  

Anonymous Anonymous said...
Interesting Blog. well done!. I am sure you will like the following site:
Go 2 Clickbank **Clickbank, Clickbank Directory** offers you the latest articles on Clickbank.  

Blogger Editor Choice said...
Interesting Blog. well done!.
The following site is interesting:
Go 2 clickbank clickbank Directory, Clickbank secure market place offers you the best choice of products availabe on internet. Just check it.  

Anonymous make money at home said...
Good Day Blogger, I just did a search for personal development and for some reason your site was highlighted! I have a real interest in Breakthrough pilot day 4 and was hoping your site could lead me to more info. Unfortunately it did not have any sources for personal development
Thanks Anyway!
PS: I really enjoyed your read even though it was not what I had anticipated.  

Anonymous Internet Home Business said...
Hi,
I was searching through Blogger to see if I can find some information on Make Money Online. I stumbled on your blog, as this was not quite what I was looking for about Make Money Online. I did however read your blog and found it quite interesting, keep up the good work and hopefully I will visit it again.
Regards,  

Post a Comment

Powered for Blogger by Blogger templates