How Large Is YOUR Virtual Empire?

by kelvin yeo 21 replies
Hi Warriors:

I've come across many folks working online who advocate a "volume" approach to online success. In other words, have many, many sites, each making a little bit of $. They all add up to a tidy sum.

Or, some will do better than others, but together, they pull in a nice income.

On the other hand, I know folks who will tell you its better to focus your efforts. Make one site work and work hard for your online income.

So I wonder where Warriors stand on this arguement. How big is YOUR online empire?

Cheers

PS: I currently have 5 sites
#main internet marketing discussion forum #empire #large #virtual #virtual empire #vre
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  • Profile picture of the author David Raybould
    Hi Kelvin,

    Great idea for a poll...

    I don't know exactly how many I have, always miss one or two when I count them, but it's about 30...

    I definitely subscribe to the "many sites = more profit" school of thought, so this way I can get into tons of niches..

    Interesting to see what other warriors have going on...

    David
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    • Profile picture of the author kelvin yeo
      David:

      Definitely will be interesting to see what I expect to be very diverse views among the group.

      Cheers!

      Kelvin
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      • Profile picture of the author kelvin yeo
        Vince: That's a very smart way to split your time. Must try that myself...

        Cheers!
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        • Profile picture of the author VinceNouvel
          yeah if you don't set your time, mostly you will just keepdoing research. Looking for the best opportunity available. Its not wise, since you will never get any result from research until you take action and make your project into reality. NIce to see u here kelvin. Goodluck!
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          • Profile picture of the author kelvin yeo
            Thanks Vince! All the best to you and your "empire" too!
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        • Profile picture of the author lakshaybehl
          I believe in quality... And then quantity.

          I have nothing much to say about it...

          But yes, both are viable streams of income.
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          • Profile picture of the author TOPGUN08
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            • Profile picture of the author kelvin yeo
              layshaybehl:

              Interesting perspective. Are you able to share what you define as a quality site?
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              • Profile picture of the author kelvin yeo
                Dan: That sounds like a wise approach. I recently decided to do quality sites first, and in time do many of them.
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                • Profile picture of the author kelvin yeo
                  Jennifer:

                  Pretty interesting the way you experiment and mix things up. Are there 1 or 2 approaches that work especially well for you?
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                  • Profile picture of the author ShayB
                    I am very interested in this topic.

                    For those who have many sites:

                    Do you start one and get it making a certain amount before you move into another?
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                    "Fate protects fools, little children, and ships called Enterprise." ~Commander Riker
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                    • Profile picture of the author Amy Bass
                      I set up one of my blogs, get it raking in cash, put it on auto-pilot (no junk) and then move on to the next. It is golden!
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                      • Profile picture of the author jhongren
                        I got my wedding blog and sales pages for a couple of products. =)

                        Nice income and always remember 80/20 rule...20% of sites bring in 80% of our income. =)

                        Cheers,
                        John
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                        • Profile picture of the author Amy Bass
                          Originally Posted by jhongren View Post

                          I got my wedding blog and sales pages for a couple of products. =)

                          Nice income and always remember 80/20 rule...20% of sites bring in 80% of our income. =)

                          Cheers,
                          John
                          That is so true!
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                          • Profile picture of the author ExRat
                            Hi,

                            Nice income and always remember 80/20 rule...20% of sites bring in 80% of our income. =)
                            I'm afraid that rule is fantasy John.

                            How many sites do you have to come to this conclusion?

                            I got my wedding blog and sales pages for a couple of products. =)
                            Regardless of how many sites you have, what is it that makes you come to this conclusion that this is a rule, and that it's something worth posting and spreading? I would honestly love to know.

                            Anyone who comes here to learn is probably looking for clarity and honesty, because there's a lot of mis-information flying around. I'm not knocking you John, but I'd be interested to hear your response.
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                        • Profile picture of the author ShayB
                          I find the different methods/philosophies to making money online fascinating.
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                          • Profile picture of the author wellymulia
                            For me it doesn't really matter how many sites I have, it's more a matter of how many products I have.

                            As long as I build my lists well, I'm always adding new people into the sales funnel.
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                          • Profile picture of the author derekwong28
                            I used to have over 1200 but am now down to 800. I do not anticipate going below 600 for a long while.

                            I agree completely with the quality over quantity observation. If you are starting out in IM, you should definitely go for quality. I certainly started off with one quality e-commerce electronics accessories shop that required 5 full-time persons working on it. The workload and the technical expertise required was just overwhelming. In the end we closed it because the market collapsed and we also had lots of employee problems.

                            The difference is now I am working alone earning passive income from hundreds of sites that more than make up for the income from our shop.

                            -Derek
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                            • Profile picture of the author freudianslip27
                              I have around 25 sites. A few of them I put a lot of work into, and a lot of the others are just "put out there" to see how the niches perform. Once one is more successful, I start to ramp up then.

                              I am trying to avoid spending too much time on a site only to discover I could have spent that time in another niche and make many times the profits.

                              It's really interesting to hear other people's thoughts on this.

                              Matt
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                              • Profile picture of the author jensrsa
                                I have about 150 sites - but I am focused B)

                                Most of my sites are niche directories and I spent the last 18 months setting these up - to a large degree duplicating the structure.

                                For the next year or so I focus on building content and traffic.

                                It is a long term project

                                Jens
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                                • Profile picture of the author kelvin yeo
                                  Looking at the poll results, everyone has at least 2 sites. Most have between 2 and 50, with the minority having more than 50.

                                  Is there anyone who can say for sure that they only have one site and live well off that site?
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  • Profile picture of the author VinceNouvel
    Yes its really hard to focus on one thing, since opportunity is everywhere on the Internet... I split my time to do current project and time for researching new project. I own around 45 sites... lol
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