How to make money like 6 figures on a budget

sharing.jpgSurely you can’t make tens of thousands if not 6 figures with only a limited budget of say $1k?

Well I firmly believe that you can, each and every person reading this post has the potential to do it within the next few years, no question, if you have $1000 and time it can be achieved and it is exactly what I will be doing myself, if that sounds incredible then the fact that I am also about to tell you how to do it should also seem pretty incredible!

When I sold ledlightbulbs for £10k that was a good domain sale, I didn’t sell ledbulbs.co.uk for £30k as that domain has so much value being ranked at the top of a market that has yet to peak, so rightly or wrongly, I will wait.Continue Reading

Patience and perseverance, boring but necessary.

Patience and perseverance, boring but necessary.If timing is everything which I posted about the other week then you can understand why Al is raking in so much cash just now, it isn’t luck as Al has actually been talking about the upcoming Xmas sales and revenue opportunity for quite some time and made moves to capitalise on it.

As with any success there will be the naysayers who will put it down to luck or scorn the ability of anyone else to replicate that success. One of the difficult things that soon comes to light when making money online through organic rankings or indeed domaining is that you need patience, lots of work, research, action and then more patience. We cannot control Google organic rankings overnight or the weather or seasons and that discourages a lot of people.Continue Reading

Domain research for investing & leasing

Domain ResearchOK today I’ll jot down very quickly what I have been doing with some success as regards looking for domains, finding one’s that may be suitable and backing that up with data.

We can all look at a generic domain and agree that it has value and may be brandable but I am not really on the market for them at present, I want domains that are product based, domains that if ranked someone would search for which means I can generate traffic, income and possibly look to lease the domain at some point.

With that in mind it is still hard looking for inspiration and that is what I’ll cover today.Continue Reading

Crossing the great divide

MergeMaking money online certainly isn’t as easy as some would like to make out, in fact at times it can be pretty damn tough going but there are opportunities online for most kinds of people and having a closer look at those main 4 groups of current earners shows new opportunities ripe for stepping into by a new breed.

The idea’s person
It has historically been the ‘ideas person’ that strikes big money and separates his/her self from the rest by striding forward with innovative ideas and new thinking, if you couldn’t come up with ideas and new concepts you were generally a foot soldier in the offline world and the early online days. Being able to create and conceive a great product or service is not something you can teach yourself. Ultimately an ideas person cannot succeed by themselves though, they need……….

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Domain Leasing – Become an Internet Landlord

Look into my eyes..I’m going to lease you your new home ;)First I have to quantify this post by saying I don’t know anything about domaining so these are my thoughts on the subject but that doesn’t mean anyone should take it as advice or the like 😉

Domain names, well certainly the good one’s, brandable one’s and generic one’s are all snapped up, more and more people come to the internet each day looking to make money, build websites and start businesses. It seems to me that perhaps it is early days now but the domain market will mature at some point.

Good domains should rise in value, I think most people would agree with that, I also think there should be a lease market that will develop at some point. Think about the high street in any major city that you know of, how many for sale signs do you see up in the main shops? Very rare. People/businesses that own shops know that rather than sell a shop in a prime location for a quick buck they can lease their shops to generate an income, all the time owning an asset that can continue to rise in value.

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Starting from scratch: The reflective approach.

KeyHow did you start out?
What sites do you build?
Do you just build lots and see what sticks?

Personally I took a different approach when choosing my first genre, many years ago I subscribed to Wordtracker who offer a free email service whereby they email me the top searched terms, I still get this today. This would be more a reflective approach to look at what is already out there and what is already profitable and then to try and jump on the bandwagon by looking to obtain a piece of the action.

In this email you get

1/ The top 300 surge report
These are the top 300 queries from the last 48 hours, which represents the complete queries from the largest Metacrawlers on the web (Metacrawler/Dogpile etc..) for the last 48 hours.

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Rinse and Repeat

database.gif
Databases are cool! That may sound like something that only a total computer nerd would say but I don’t care as they make me money.

Just over a year a go I had an idea for a site that I thought would be fun to do as a joint project with my daughter (I often look for projects that I can get the whole family involved in, a/ For fun and b/ For the cheap labour :) )

The site required the gathering of a vast amount of data so I decided to take a shortcut and purchase a database from Oddity Software. As the same database could be bought by anybody and I wanted mine to be unique so I combined it with another freely available database. This gave me unique content as well as adding value to the readers. As you’ve probably guessed I’m not sharing full site details in this post but I’ll to give a similar example of what I did.
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Site Idea – Resort Guide

holidays.jpgI’m into week number two of the holiday, I’ve ran out of clean pants and am currently sat in some Turkish café playing a lottery to see what today’s pizza will be like. Which got me thinking, what would be really cool is an online resort guide.

The way I’d see it working is as a user submitted review site, where tourists could write about the various places they’ve visited and eateries they’d got food poisoning at (only happened to my girlfriend once so far this year).

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Site Idea – Must Read Thread Reporter

Strength in numbersOver the years I’ve learnt a great deal from various forums, websites and blogs. One of the motives behind the Friday roundup is to share links to useful information and not so easily found posts so as to minimize the cumulative time spent browsing through the crud. I find forums like Digital Point have many really knowledgeable members who have contributed to some excellent threads that many entrepreneurs would really benefit from reading. However for every good thread there are hundreds that are a complete waste of reading time and if you bring General Chat and the Politics section into contention then those 100s of pointless time draining posts could easily turn into 1000s.

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Adsense: Finding good ideas for a tool based Mini Site

Tools2 Months ago I revisited the subject of mini sites breaking them down into the 3 main types being, product based, information based & tool/calculator based.

I think it is pretty safe to say one of the most successful method is a tool or calculator based mini site. A tool or calculator does a simple job cleanly and quickly that is of use or service to the visitor thus making it extremely bookmark worthy and link worthy through social sites such as Digg/Stumble etc etc

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