Before telling you about the challenge, you should know that I've been into IM ever since I've registered in this forum (less than a month...). I do not have any experience, but I have taken my time to read the pinned, most read and highest rated threads. There is a lot of valuable information there if you want to get started doing IM without having to pay $20 for an ebook. The people who have started these threads are proven internet marketers. Many of them have a few ebooks published and they are giving out some of the strategies and tips in their posts.
About the challenge: I suppose you got the idea that I'm a newb IM-er. I will create a website in a niche and make money out of it with AdSense, and, depending on the niche, Amazon or Clickbank affiliate products. I already started a website on the "european cruises" niche, while being too inspired by Steve's experiment, but for now I will put it aside and concentrate on the new website.
In this thread I will post any updates to what and how I'm doing. I won't set any timelines for my goals. I will have a few of them, which I will tackle one at a time. Some of them will sound extremely easy for you, but if you're a beginner every little goal is important. The little feeling of satisfaction when achieving what you wanted will give you a boost and extra motivation during the process of building a profitable site.
Here are some of my goals:
1 I'm hoping to get 10 unique visitors
2 I'm hoping to get ranked in Google (at any page of the search results for the keywords)
3 I'm hoping to get 50/100/200/1000 visits per day
4 I'm hoping to get to at least 3rd page of Google SERP
5 I will get my first $10 from AdSense (sometimes having self-confidence can be good )
6 I'm hoping to get to a steady $3/7/10/20 per day
With the risk of making a list of goals so big that nobody will read it, I will stop here. These goals are in no way ordered. I don't know how things will proceed and I'm only guessing that this will be the order in which I will achieve them. So I hope you'll understand me.
Also, as with every new internet millionaire wannabe, I don't want to (mainyl because I can't) invest a lot of money in this. At the moment, my budget is around $30-$40. This means that, in the beginning, I will only be able to buy my domain name.
I will not be using any paid tools, software, and I will not outsource writing, backlinking and SEO work.
I will only free ones and paid tools trials, free hosting. At a later on stage I will buy reliable web hosting, but at this stage I won't be able to afford it. At most I will be spending money on a few Fiverr gigs for social bookmarking or a few articles. I'm going to limit myself as much as I can.
I fully understand that when I'm not investing in this, I can't expect to get fast and quality results, but this is for the challenge.
In my next post I will reference some good threads with tips on how to do proper keyword research, what are the specifications, etc. I will also list the free keyword tools I will be using to conduct this research.
So, I'm off to begin the challenge, wish me luck!