January 8, 2010
By Khalid
Posted In
Advertising, Affiliates, Business, Domain Names, Monetization, My Life, News, Projects, Transactions
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Starting 2010
Happy New Year to you all! Starting 2010 with a fresh head after two weeks holiday has allowed me to re-evaluate my position and where I go from here. To be honest, I’m in quite a difficult position and so have decided to try a few different moves in a bid to build my future.
Firstly, I’ve started an geo network of Edinburgh sites including Edinburgh Hairdresser and Edinburgh Taxis. In total I have 15 domains, 10 of which have active websites on them. A few are already on page one and the long term plan is to sell private advertising to local business owners.
Secondly, I’ve sold a few small affiliate sites and started re-doing things properly, with the launch of Bass Amp. I picked this name up recently in a clear out portfolio sale and had a private offer for it within 24 hours of owning it. I think it is a good name with plenty of potential and possible a sale to an end user in the near future. I spent a day manually adding products to ensure there is little copied content from the merchants so I am hoping my sore fingers will be rewarded with some cash on affiliate sales!
Thirdly, I am still running Trout as my main investment with a view of it either providing a decent revenue stream or selling to an end user such as a magazine publication. The site is on target to receive 3,000 unique visitors this month.
Finally, I am negotiating for a few domain names with potential to sell individual digital products (don’t worry not eBooks!). My idea is to then setup an affiliate program and have people promote it for me. Targetting a niche and offering, say 50% commission, should be quite appealing to affiliates as ppc campaigns should not cost a lot and each sale offers a high return.
Being an Internet Entrepreneur is not an easy task and I’m constantly followed on Twitter daily by “Guru’s” pretending to offer get-rich-quick schemes that anyone can do from home. The fact of the matter is, if it was that easy everyone would be doing it and driving around in Ferrari’s. Hard work, determination, and the ability to learn from your mistakes is what it takes.
Good luck with your persuits,
Khalid.
