Are You Small Or Big?

Banned 14 years ago

Hi Mark,

If I were you I would go for all. After all, I have nothing to lose. You did not say that some are not making money at all. You only mentioned that some bring in small...

Hey, I have always heard and believed that small drops of water can make a mighty ocean. And IM is one place that all things are possible.

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AndyBlackSEO

14 years ago

Do what generally works for you. I bit of both. Whatever sites you have you should maximise your income. Whether it's an OTO after signing up to your newsletter etc or whatever. Also, it's not just about placing these revenue streams, it's about tweaking your copy and increasing your conversions the best you can. At the end of it you'll end up with a higher level of income from each site.

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neno

14 years ago

I would like to work on one Big website rather than maintaining lots of little websites.

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Delane Krause 14 years ago

If the work load balances out go for both.
Every penny saved is a penny earned
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- tyroneshum 14 years ago
  
  Originally Posted by Delane Krause
  
  If the work load balances out go for both.
  Every penny saved is a penny earned
  
  Good point. Everything should be balanced according to how productive you are in yielding more results.
  
  Also, I prefer monetizing one big website under one big niche to gather bigger audience rather than supplying every little energy to those little blogs and provide them the same information. Catering the work in which you could utilize the most is one effective way for me to focus and that way I'm sure I'll be gathering the results I wanted.
  
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aandersen

14 years ago

But the thing is do you go small or big?

thats what she said... lol

but seriously, i think small sites are cool BUT not if they take too much time and resource to get going. the point of a small site (to me at least) is something that you can put together quick and easily and not have to worry about that much. if you find your self putting big site effort in to a small site, you might as well make a big site.

i think if you have access to automated tools or outsources or something to make it easy and you can put one up that will bring in a trickle of income in the future, it is defiantly an assent worth having. the more the merrier.

just my opinion, i dont know others may think differently

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jazbo

14 years ago

I started by experimenting, but I am now in the process of cutting it all back to just the few that:

1. Make money now
2. I like maintaining
3. Are unique online

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Mark Blaze

14 years ago

Originally Posted by King Shiloh

Hi Mark,

If I were you I would go for all. After all, I have nothing to lose. You did not say that some are not making money at all. You only mentioned that some bring in small...

Hey, I have always heard and believed that small drops of water can make a mighty ocean. And IM is one place that all things are possible.

Loving that little expression there King

Originally Posted by AndyBlackSEO

Do what generally works for you. I bit of both. Whatever sites you have you should maximise your income. Whether it's an OTO after signing up to your newsletter etc or whatever. Also, it's not just about placing these revenue streams, it's about tweaking your copy and increasing your conversions the best you can. At the end of it you'll end up with a higher level of income from each site.

When i first started out i took the impression that building 100 sites earning me $1 each a day would be easy and then realized shortly after building 2 that i hated building websites so now try and make sure every main niche site makes me a big amount of money!

Then move on and make smaller websites to feed the big sites income!

Originally Posted by neno

I would like to work on one Big website rather than maintaining lots of little websites.

Oh god the maintenance is scary! Hence why i ended up deleting loads of the smaller projects i had only just started or not started at all.

Originally Posted by Delane Krause

If the work load balances out go for both.
Every penny saved is a penny earned

That's what im trying to do now but especially with kinda specific cpa offer targetting those small sites work wonders but generally only for a shorter time period!

Originally Posted by aandersen

thats what she said... lol

but seriously, i think small sites are cool BUT not if they take too much time and resource to get going. the point of a small site (to me at least) is something that you can put together quick and easily and not have to worry about that much. if you find your self putting big site effort in to a small site, you might as well make a big site.

i think if you have access to automated tools or outsources or something to make it easy and you can put one up that will bring in a trickle of income in the future, it is defiantly an assent worth having. the more the merrier.

just my opinion, i dont know others may think differently

Ha ha!

I figured once i get my new outsourcer i could get them to set me up small websites with minimal marketing and work that would after a few weeks be paying for their own salary and some more and then simply just do some more marketing and add more traffic streams to them to make me some money on the side too!

As i found when i first started hiring out people full time i was getting them to work on half finished projects and projects i did not know would work or not as they were big risks but with big rewards and 50% of the time they would fail and then that month's wages would be coming out of my pocket!

Originally Posted by tyroneshum

Good point. Everything should be balanced according to how productive you are in yielding more results.

Also, I prefer monetizing one big website under one big niche to gather bigger audience rather than supplying every little energy to those little blogs and provide them the same information. Catering the work in which you could utilize the most is one effective way for me to focus and that way I'm sure I'll be gathering the results I wanted.

I don't find it's a problem with the energy i need to put in but more based on the fact that i have to keep track of them all! That is a nightmare!

Originally Posted by jazbo

I started by experimenting, but I am now in the process of cutting it all back to just the few that:

1. Make money now
2. I like maintaining
3. Are unique online

What! You have site's that you enjoy maintaining ouch... if it doesn't make me money then it's gone! I hate marketing but the money pushes me forward!

Mark Blaze

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nadia712

14 years ago

I like sticking with a bigger site. You can leverage your income (and the visits you get on a daily basis) more easily if you stick to one or two than you can if you focus on a bunch of tiny sites.

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Mark Blaze

14 years ago

Originally Posted by nadia712

I like sticking with a bigger site. You can leverage your income (and the visits you get on a daily basis) more easily if you stick to one or two than you can if you focus on a bunch of tiny sites.

Don't you find it worrying with only 1 or 2 big site's that if one of them dies or goes down for some reason then you loose a big chunk of your income?

At the moment ive got around 3 big income sources from different places and working on my 4th and 5th big ones at the moment.

All the little ones are direct paypal income though which is also what one of my big ones is!

Mark Blaze

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supermom_in_ny

14 years ago

I have lots and ... lots of sites. The maintenance is annoying, which is why I'm going to start tweaking them to sell them.

I have 7 kids, a very large home and a small zoo. Keeping up with all my projects is becoming a full time job, which is not appealing. I chose to work from home to have more time, not to work 22 hours a day. lol!

So, I'm going to keep the ones that generate money with little or no maintenance. The other sites will be going, going, goneeee...

My final answer:

Many little sites are great if they don't require constant maintenance (answering email, approving sites, deleting spammers, etc) or link building while generating income.

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Mark Blaze

14 years ago

Originally Posted by supermom_in_ny

I have lots and ... lots of sites. The maintenance is annoying, which is why I'm going to start tweaking them to sell them.

I have 7 kids, a very large home and a small zoo. Keeping up with all my projects is becoming a full time job, which is not appealing. I chose to work from home to have more time, not to work 22 hours a day. lol!

So, I'm going to keep the ones that generate money with little or no maintenance. The other sites will be going, going, goneeee...

My final answer:

Many little sites are great if they don't require constant maintenance (answering email, approving sites, deleting spammers, etc) or link building while generating income.

I started to try and sell mine but my gosh it took a while to collect all the data and set the first one up that i thought it would just be easier to delete them!

Probably could have got a few hundred at least for each but i figured the time i spent on my business would be better and i ended up making more than a few hundred with each one.

Mark Blaze

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Lisa Gergets

14 years ago

Use the 80/20 rule...take the few sites that are making you the bulk of your income and get rid of the rest. Ramp up these few sites to increase your income, and add new sites using the same niches and keywords...

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jpf239

14 years ago

Hey, to answer your question, Big or Small, I would say my current earnings are small and what I do is basically still rolling out of pocket but in my mind I am big!

I am out to realize that no matter what it takes, I possess some skills and I will outsource but I like to go big and hopfully get rewarded big, I'll keep working on that, meanwhile I have the little sites that need a lot of work and need to convert better, but the way I see it is, it's all good for me

If pointers for going big is on your mind check out undergroundtraininglab.com

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Mark Blaze

14 years ago

Damn by the time i got round to posting a reply it seems you all replied at once ha ha! Just goes to show that i am actually busy today unlike usual lol

Originally Posted by unlimitedsubmissions

lots of little sites = big money

But then also 1 big site could = big money too!

Originally Posted by BIG Mike

One big site is easier to manage overal and has the potential to become an authority site. Assuming that you're not doing anything black hat and not violating anyone's TOS, you don't have to worry about losing it.

On the other hand, it's fairly easy to deploy a bunch of mini sites that you basically set and forget. It's really six of one/half dozen of the other in how you approach it.

I will say though that all the "Little" income adds up and contributes to the overall bottom line. I've got a few things I'm into that bring in $5 or $10 or $25 a month. I don't do anything with them so whatever they earn, great - it's like free money

Mike i like the sound of that free money!

Don't you find that the time invested (or outsourcing) is better spent on other bigger things to bring in $100+ a month each?

I do have a mixture but now am leaning towards creating 3 or 4 big big sites (improving on what ive already got and making new) and then have those small small ones that do really run on auto and bring in peanuts in comparison but overall add loads to your bottom line!

Originally Posted by jpf239

Hey, to answer your question, Big or Small, I would say my current earnings are small and what I do is basically still rolling out of pocket but in my mind I am big!

I am out to realize that no matter what it takes, I possess some skills and I will outsource but I like to go big and hopfully get rewarded big, I'll keep working on that, meanwhile I have the little sites that need a lot of work and need to convert better, but the way I see it is, it's all good for me

If pointers for going big is on your mind check out *i*l*i*k*e*s*p*a*m*m*i*n*g.com

Not really what i was asking matey! But still you will be big one day (try the little blue pill for a quick 'burst').

Mark Blaze

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aandersen

14 years ago

Originally Posted by Mark Blaze

Mike i like the sound of that free money!

Don't you find that the time invested (or outsourcing) is better spent on other bigger things to bring in $100+ a month each?

im not trying to speak on the man's behalf or anything but we all know mike has got a couple of bots laying around, know what i mean.

im just sayin...

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Clyde

14 years ago

lots of little sites = big money

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sbucciarel

Banned 14 years ago

Size Matters. I like to do things big. Have a lot of sites, a lot of products and ideas for more. I like diversity.

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Michael Mayo

14 years ago

Originally Posted by sbucciarel

Size Matters.

I've been hearing that a lot on the radio lately so I guess it's true!

Big Mike, Your posts are spot on!

Have a Great Day!
Michael

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Mark Blaze

14 years ago

Originally Posted by aandersen

im not trying to speak on the man's behalf or anything but we all know mike has got a couple of bots laying around, know what i mean.

im just sayin...

Na na na na na na Bot Mannnn Bot Mann Bot Man!

Originally Posted by BIG Mike

Stop and think for a moment about the time invested (or outsourcing) over, say 10 years.

For example, let's make a couple of assumptions - we create a minisite that generates an average of $10 per month in revenue and spent 4 hours creating it. Over 10 years, it brings in an average of $1,100 (subtracting the cost of renewing the domain year-after-year.

So you roughly net about $275 an hour for the time spent on it. Now multiply that by 50 minisites - that's $110,000 in revenue coming in on autopilot.

Back in the day I used to do a lot of these and they're still profitable. I really don't care if they make $100 a month or not because I don't want to spend more time on them than I did initially. It's just a simple revenue stream - one of many.

Incidentally, these are not my main or "Big" products - just things I've done to kill some time over the years. I've got bigger things generating revenue individually from $5K to $25K per month as well.

Unfortunately, a lot of IM'ers are taught to ignore anything low-ticket, saleswise and just focus on the big bucks. I'm not suggesting you shouldn't go after the high-ticket items, but if you think about it, balancing that with a lot of low-ticket items can be incredibly profitable with a lot less work.

Here's a simple analogy that might help - I was involved in a project for a company (sorry, cannot name them), that had gross annual revenues of about $200M. $150M came directly from their core product - the remaining $50M came from a wide-variety of sources - payphones, vending machines, etc., etc.

In the offline world, you'll find that most businesses jump at the opportunity to sell almost anything else that adds to the bottom line with a minimum of investment/ongoing expense.

That's a good point actually! Often ive found kinda mini-niches that there is literally no competition for and is an easy 1/2 a day worth of work to do everything, pass it on to the outsourcer for some link building and then it's all gravy baby!

Only thing is that most of these have been in the cpa arena and damn that game is annoying when you target specific offer's only!

Originally Posted by sbucciarel

Size Matters. I like to do things big. Have a lot of sites, a lot of products and ideas for more. I like diversity.

Sounds like my idea of hell!

Originally Posted by Michael Mayo

I've been hearing that a lot on the radio lately so I guess it's true!

Big Mike, Your posts are spot on!

Have a Great Day!
Michael

Michael viagra FM doesn't count as a radio station

Mark Blaze

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sloanjim

14 years ago

you need both I.M.H.O.

I have what I call my "bill paying sites" that generate $1,000 to $3,000 per month and this allows me to build bigger money streams form my main sources.

I do not think there is any right or wrong way...just your way.

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guna

14 years ago

Certainly will start with a number of small sites and then identify the sites which can potentially become big. Maybe a couple of years later settle down with the bigger ones and selling off the smaller sites..

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Are You Small Or Big?

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