How Long Until These Two Ways To Make Money Online Converge?
Greetings all,
I am struggling with a time management issue and need to make a decision soon.... and I promise not to turn this onto one of those "what to do if you're desparate" threads!
Let's do a thought experiment (to borrow a phrase from Albert Einstein):
On March 1st at 12:01AM, both person A and person B set a goal to earn $1,000 by March 31st.
Person A decides to write $33 worth of articles every day for 31 days for various clients as a ghost writer, in order to earn the $1,000. (At $8 per article 500 word article, that is 4 articles per day. It takes 30 minutes to write one article, so 2 hours per day of work to write the 4 articles.)
Person B decides to set up one Wordpress blog with an exact match keyword domain that Google Keyword Tool says receives at least 3,000 global exact match searches per month, and the competition on page 1 does not include any "big name" competitors, and during that month, just do nothing but backlinking through article syndication.... writing 4 500 word articles per day and posting them on the site... and then submits the article to isnare.com / ezinearticles.com / thephantomwriters.com for article syndication. Assume the Wordpress blog is monetized by a Clickbank affiliate product that converts at 1:100 (1 sale per 100 hops) and earns $30 per sale.
Obviously Person A will earn instant, quick cash, but it will be write-once-get-paid-once. Person B will earn money slowly and steadily in streams over the long term.
My question is: How long would it take for Person B to "catch up" to Person A and earn the equivalent $1,000 per month? If anyone can speak from their own personal experience, that would be great.
I am struggling with a time management issue and need to make a decision soon.... and I promise not to turn this onto one of those "what to do if you're desparate" threads!
Let's do a thought experiment (to borrow a phrase from Albert Einstein):
On March 1st at 12:01AM, both person A and person B set a goal to earn $1,000 by March 31st.
Person A decides to write $33 worth of articles every day for 31 days for various clients as a ghost writer, in order to earn the $1,000. (At $8 per article 500 word article, that is 4 articles per day. It takes 30 minutes to write one article, so 2 hours per day of work to write the 4 articles.)
Person B decides to set up one Wordpress blog with an exact match keyword domain that Google Keyword Tool says receives at least 3,000 global exact match searches per month, and the competition on page 1 does not include any "big name" competitors, and during that month, just do nothing but backlinking through article syndication.... writing 4 500 word articles per day and posting them on the site... and then submits the article to isnare.com / ezinearticles.com / thephantomwriters.com for article syndication. Assume the Wordpress blog is monetized by a Clickbank affiliate product that converts at 1:100 (1 sale per 100 hops) and earns $30 per sale.
Obviously Person A will earn instant, quick cash, but it will be write-once-get-paid-once. Person B will earn money slowly and steadily in streams over the long term.
My question is: How long would it take for Person B to "catch up" to Person A and earn the equivalent $1,000 per month? If anyone can speak from their own personal experience, that would be great.
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