Down for the count, but not giving up
This also affected my youtube channel since my adsense account was linked to it and now I can no longer make any money from that anymore.
My competitors literally killed 2 birds with one stone.
After panicking and looking up how to setup another adsense account, I decided not to even bother anymore and immediately started to build a list over the weekend. Since building a list literally doesn't depend on google, seo, backlinks, etc, why didn't I start with this before?!
Youtube was also a huge source of traffic for my geeky comedy sketch videos and sucks to lose the income, but now I can start focusing on driving more traffic to my actual video site (in sig) where my videos are hosted on blip.tv rather than depending on youtube itself. I can still use my now "not earning money anymore" youtube channel to drive my 2400+ subscribers over to my website.
As for my remaining Micro Niche Websites, I can probably try to use another ad network to bring some income and then sell the sites on flippa to make more than my initial investment (All I really need is more than $10 which is the price I spent on the domains).
The most important thing I learned is what everyone else has been saying: "Never put all your eggs in one basket". This was definitely the wakeup call I need to begin diversifying my income.
My focus now will be to start building my list and to get watchers of my videos to watch them on my website rather than on youtube.
I hope this inspires fellow warriors that even if you get knocked down, you can always get back up again.
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