KHALID

I’ve never been one with patience to sit and wait, especially if I see something better come along. In business, I usually build, monetise then sell a website as the cash seem too good to pass on and I’ve spotted another idea.

I’ve said on multiple occasions that if I kept everything I’ve ever built, I’d probably be blogging from a beach telling you that I’ve beaten my $100 a day target and I’ve got a lovely tan.

On the flip side, I’m not one to cry over spilt milk and I regularly take advice, ask for opinions and learn as I go. I’ve been successfully building sites for years now yet I’m still not half as good as some of my peers and regularly get told off for small errors.

However, I’m grateful for the advice and because I sold most of my profitable sites, I was able to clear £7,500 of credit card / student debt in one year, something I am extremely proud off.

This week, my good friend and business partner on some ventures, Rob, told me it would be wise to stop looking for the next venture so quickly, sit down and write a strategy. A business plan wouldn’t work in this situation as I don’t have a single “business” as such, I spend my time on multiple sites.

So I sat and wrote a few pages worth of content and it really got me thinking. I would love to retire by the time I was 30 – what I mean is live off my website earnings – and this plan really put things into perspective. It is amazing how valuable putting pen to paper can be and I’m determined to follow my strategy once Rob has scrutinised it with his hugely pessimistic attitude!

To be fair though, joking side, Rob is a successful Internet Entrepreneur so his guidance is much appreciated…although his spammy comments taking the piss aren’t (I guess when Jeremy Kyle is finished things can get a little boring).

Anyways, I just thought I’d share my tips with you and hope you can do the same.

Good luck with your pursuits,

Khalid.

One of the ways I generated revenue with previous networks and continue to do so with my sunrooms site is by selling leads to related companies.

This game is difficult as the conversion rates can be lower than Adsense (2%) click through rates so traffic is key i.e. a good natural ranking in the SERPs.

However, there are benefits to selling leads. Some markets, such as dental insurance and landlord insurance, can be profitable and when selling leads you are pretty much immune from invalid clicks that can result in account terminations, which regularly happens with Adsense accounts.

If you have the time, ability and confidence to take on the big boys in these areas and compete then it can be extremely profitable, with some lead purchasers paying up to £100 per valid lead!

Good luck with your persuits,

Khalid.

My friends and I were supposed to go to Germany this month for the Haye vs Klitschko boxing fight, however as Haye is unable to compete due to a hand injury, the fight was cancelled.

We risk losing out on the cost of our flights and accommodation but I guess that’s a gamble you take when travelling abroad for events. We could still go but the whole idea was to be there for the fight.

Instead we’ve booked a boys weekend up North and will be fishing in Loch Lomond. I’ve enjoyed fishing since I was a kid and it is one way I can truly relax. Armed with two rods each, a fish finder (Stephen likes to cheat) and a variety of baits, we’re going all out to catch some wild salmon and trout.

Fingers crossed we’ll manage to hook a few nice fish that we can eat in the evening with a few drinks. We’ll be staying in a luxury log cabin that we managed to get on a weekend deal and only a stone’s throw away from the loch so it should be a great weekend!

Good luck with your pursuits,

Khalid.

May saw little revenue (from Adsense) until the end of the month when a sale of a small network of sites was completed.

Total revenue: $1681.37

Daily Average: $54.24

Not a bad income considering little/no work has been done, hopefully I’ll sink my teeth into a new project this month and begin earning again.

Good luck with your pursuits,

Khalid.