My passion is finding simple lazy ways to accomplish my goals.
For example, one of my dreams is to visualize myself collecting passive income from a lot of different static websites.
It's another form of diversification. It may be hard to hit a home run with a super popular site, but it should be easier to hit multiple "singles".
Lots of sites consistently earning $10 - $100 can add up.
As a first attempt, I put together four simple informational sites:
Make Money By Creating Websites and Selling Them
Developing Static Websites in Wordpress
Super Affiliate Success Tips
Discover a Free Method To Drive Traffic To Your Website
For the first site, I signed up with Weebly, which let me set up the site free, using their site building system.
For the other 3 sites, I modified the minimal text website design I used for my Stock Trading Riches website - which I created using Mozilla's free SeaMonkey suite.
I monetized these four sites with Adsense and a few affiliate offers. Then, I drove traffic to them through social bookmarking and article writing.
I ended up taking down the four sites because I decided to discontinue using Adsense as an income stream. The four sites were not making as much money as my Stock Trading Riches site - which sells my investing book.
So, I realized that most of my profits and satisfaction have come from selling my own expertise and products.
I don't consider the sites "wasted" because this is the beginning of a learning process and I'm sure I will go through more sites and iterations before I end up with a system I can run with.
For now, the end goal is still to have a "automated machine" system where I collect passive income from sites. But now I think the sites should be selling my own products to brand and build up my business.
Wednesday, 14 January 2009
Making Passive Income With Minimal Niche Sites
Posted on 15:40 by Unknown
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