Comments on: More Ways than One to Make Money Online

By: jassmin

jassmin — Wed, 02 Dec 2009 03:50:40 +0000

I didn’t read a whole page of it, but I want to make some from my online website. I haven’t much sale yet,Is there anyone tell me what should I do?

By: MoneyNing

MoneyNing — Thu, 19 Nov 2009 23:00:12 +0000

I get the sense that you are doubting yourself because it seems like you are trying to get someone to tell you that YOU can do this in EXACTLY X amount of time doing Y, Z.

The great thing about the online world is that there is no roadmap, because when everyone can tell you exactly what to do, there’s no more money to be made.

You can always find someone making over $1 million online and you will find someone else making $100 and struggling. It’s just all up to you.

By: Financial Samurai

Financial Samurai — Thu, 19 Nov 2009 22:49:43 +0000

No reply button to your last post, so I’ll reply here.

Good advice CreditShout. I think you’re right. I can make $2K/month now from my site from the offers given to me, but I just feel really bad pimping products and stuff that I don’t use or believe in. Sometimes there seems to be no limit to what some endorse, and it bothers me.

David – I think by me asking questions and understanding where others stand is working at it no? Getting the right road map is very important to me, and I’m quite methodical. Not sure how I come across as “doubting myself.”

If we were to compare my full-time business and other private equity ventures, I’m pretty sure you’d be quite impressed. However, I choose to put myself out there as the peon, b/c that’s my style.

By: Ashley

Ashley — Thu, 19 Nov 2009 20:42:13 +0000

If you’re afraid of putting a lot of effort into starting an online store Ebay is a good way to get your feet wet!

By: MoneyNing

MoneyNing — Thu, 19 Nov 2009 20:19:51 +0000

Thanks for joining the discussion. The sky is the limit FS. If you want some advice, you should stop doubting yourself and start working at it to achieve your goals.

By: CreditShout

CreditShout — Thu, 19 Nov 2009 20:00:26 +0000

Looks like I have to reply here, but lets just leave it at 5 figures a month the point is you can make however much you really set out to make as long as you put the work into it. I would say you could be doing 2 grand a month with a site 4 – 8 months after you start it. It REALLY depends on your niche and how much competition you have. If you get into something that is completely untapped you could be doing 2 grand a month in the second month but if you’re into something like personal finance that is ridiculously competitive it can take much longer than that.

Alexa is BS.

As for soliciting business, again it depends on the niche your in. With the personal finance niche I’ve found that it’s much harder to get advertisers etc.. than other niches such as technology, but to solve this problem you just rely more on affiliate programs as your primary source of income.

By: Financial Samurai

Financial Samurai — Thu, 19 Nov 2009 19:29:42 +0000

Sounds great! Although, when you say 5 figures a month, that’s anywhere from $10,000 to $99,000/month so can I ask you to narrow it down to +/-$10,000?

How long did it take for you until you breached $2,000/month and how important or unimportant is one’s Alexa ranking?

Finally, did you have to heavily go out there and solicit business, or did people come to you with opportunities? At what stage (time) did the scale tilt, if ever towards greater than 50% of your business opportunities being unsolicited?

Thnx!

By: CreditShout

CreditShout — Thu, 19 Nov 2009 18:49:28 +0000

Lets just say its in the range of 5 figures / month, but I’ve been at this for years and have a lot of different sites so, there was a huge investment of time before I really started making anything significant.

By: Financial Samurai

Financial Samurai — Thu, 19 Nov 2009 17:39:02 +0000

Sounds good CreditShout! Can you give us a range of what you bring in a month? I need some motivation, b/c I’ve got a TON of stuff coming at my now, and I just don’t want to bother with 99% of them.

By: Frugal Francis

Frugal Francis — Thu, 19 Nov 2009 15:53:52 +0000

This article is great, and i love the active audience that chimes in with great comments and suggestions. Maybe I missed it, but I’d love to hear more about David’s tranformation from 9 to 5 to fulltime blogging? Did you start as a side business and then make a full transition once you had significant ad revenue?

I have started my own online blog, and have great ideas for articles but sometimes suffer incredible writers block or writers procrastination. Do you ever consider employing professional blog writers to write for you?