Since it's been a while that I shared something useful here in the forum other than my SEO report (which is GOLD in my mind however ), I'd like to share what I've been up to. Hope that's ok with you.
Well, I started online marketing in 2000 when I started my master's program in Computer Science. I had no idea what I was doing and I hadn't made any money for a number of years.
Then there was domain gold rush and I also got myself into buying lots of domains (103 domains to be exact) and tried to sell them on Sedo.com. I sold quite a few actually and made about $750 all together. But that's as far as I've gone. Just couldn't afford to renew all those 100 domains every year.
Then I got into Adsense. Throughout one entire year, I made a whopping $102 from one website. You wouldn't believe how thrilled I was to receive my FIRST check from Google.. Oh,.. I still remember that day. It was like having our 1st baby, you know? Well,.. not as excited as that but you know I'm saying.
And then I started buying tons of ebooks and mentor programs. I spent enough money that I could've bought myself a nice car. It all went down the toilet and only thing it left me was a feeling of utter failure. I can't remember how many times I thought I found that "magic bullet" that turned out to be nothing but rehashed and outdated products that was good for nothing.
There were a lot of SCAM ARTISTS that sell theories and concepts that they never tested themselves. And they are still around us even at this very forum. Well, I can't blame them because I once thought that was the way to make money and that's how EVERYONE made money.
But I realized after many years that there are quite a few honest and ethical marketers out there like Jonathan Leger, Mark Ling and Chris Rempel to name a few. I'm sure there are MANY honest marketers.
So what I did was I decided to follow their footsteps and really develop products that I've tested for years and sell THAT.
The result was incredible.
I started to make about $200 a day just by selling honest products. My SEO business also took off when I really tried to offer help to other businesses and I made about $7,000 this month alone.
If I continue to make this kind of money month after month, I'll be making 6 figure income soon enough.
But then I thought to myself. Is there a better way to make money than this? What about all the residual income that I wanted to create for the past 10 years? Why not make a MILLION DOLLARS rather than 6 figure income?
In order to make a million dollar, I need to make $2,739.73 a day for 365 days.
So after some brainstorming, this is what I came up with. 3 residual income instreams...
- Create 300 Amazon sites that each make at least $10 a day. So that's $3000 a day.
- Create 300 Adsense sites that each make at least $10 a day. So that's $3000 a day.
- Create 100 CB review sites that each make at least $30 a day. So that's $3000 a day.
Choosing any one of these methods, you'll make $3,000 a day and over a MILLION DOLLARS a year. Isn't that exciting?
So this is what I planned to do. I'm trying to make one site a day. Then I could make 365 sites in a year. Investing one year to make a residual million dollars a year, not bad, eh?
I know it is easier said than done but at least this is my plan for the next 12 months and I'll do my best trying to accomplish it. How about you? What is your plan for the next 12 months?