Sticking with Thursday’s topic of website ideas I was chatting to someone at the weekend who has a few small websites but seems to be sitting around waiting for one big idea which he hoped would be the break between playing about online part-time and making more serious money.

A successful site that can generate $100+ per day is his main aim, or at present his dream because he is sitting doing nothing about it waiting for a sudden Eureka moment.

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Some of us are ideas people, others are more practical and better at doing. I would probably put myself more in the ‘ideas’ bracket. The worst thing about having ideas is that more often than not you don’t act on them. The worst thing about not acting on a good idea is that it can become obsolete or end up being done by someone else.

Working by yourself means that you don’t often get the chance to have an idea discussed and either shot down in flames or given the thumbs up, so I suggest that we use this blog to discuss ideas submitted by you!

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Property developing online is comparable with property developing offline in many ways with valuable neglected properties that need work scattered throughout the world that could turn a profit, the main biggest difference being that doing it online means you can find a bargain without having to have a huge budget/mortgage and you can do it from the comfort of your home.

The idea is to seek out a property (website) that is either not monetised or very poorly monetised that could do with some work put into it and then buy to either add to the portfolio or sell for a profit. Older sites often rank naturally for their obvious terms and can sometimes be improved upon greatly and very easily with a little on site SEO. It doesn’t always take big bucks either, you can start with as little as $100 and turn it into something much more if you can find a good buy.

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One of the questions I came across  in 2004 that many of us do at one point or another is whether to expand your main large site, all eggs in one basket, or to branch off into lots of smaller sites.

The views SEO wise have actually changed from what I have read quite a bit over the last few years, I reached the point where my tattoo site was doing well but I wanted to add on a rate my tattoo area where users can upload their own images and vote on them. A good way for user submitted content and let the site grow.

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I thought it time I revisited the mini sites topic again as it did generate some interest last time I talked about them and I feel I need to clear up a few questions of importance.

Q. Why not use one domain rather than lots of domains to save money

A. The initial reasoning for mini sites for many people is to find a use for domains likely already held but not used, many developers have lots of domains that are always on the to do list and never got round to so a mini site is a quick and practical use for a domain you already own.

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Related somewhat to my earlier post on mini sites and also finding an old domain for a new venture it is always a great boost to get a domain name with some traffic, generic domain names often have type in traffic but cost good money, the other type of domain name with traffic is one with a history that has been used before, in this case even if it has expired you could register the domain and find it has traffic from links around the internet.

Just one of many resources that could help you find these type of domains would be a listing like such as: http://osx.hyperjeff.net/Apps/Graveyard.php A complete list of graveyard game application sites no longer in use, in there will be domains that are in use/have expired/have dead pages, many of which have good backlinks and some  traffic. A graveyard for some, rich pickings for other

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Today when most young entrepreneurs start a new website, blog or online business they can tend to get tunnel vision in relation to generating traffic and advertising, the internet is still very young, many of us have been lucky enough to see it grow from nothing and many are now earning good money form various ideas with others just itching to jump on the train.

I am sure in the coming 5-10 years many people reading this post just now will have made huge sums of money online, the opportunities are still opening up and evolving with many new ways of making money always just around the corner. In the mid 90’s if only we were all buying up domain names and sitting on them, it’s not too late.

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A question we do hear a LOT on various forums and by email is the one many a webmaster or entrepreneur deliberates over.  Is it too late to start? the answer to that question could be as simple as No, it is not to late, however that doesn’t really answer the main concerns and reasons for the question and I have managed to get a few other opinions on this for you today.

Many people feel that all the good ideas are taken or that they are earning just a fraction of what is needed to make a full time income online and it is natural to look inwards at times and question your own commitment and ability to come out the other side of a long road, and it is a long road. Granted there are large success stories that have surged in a short period of time but aside from them, the majority of webmasters should be prepared for a 12-24 month investment before seeing good financial rewards from their website or blog.

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There are a number of reasons why adding a forum can be good for your site and also a number of reasons why it wouldn’t help, during the middle of last year I was looking for information on building an aviary and stumbled across Budgerigars with a for sale notice on it’s homepage, nice old article website with around 200 pages so I offered £250 and purchased the website.

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Subscriptions are probably my favourite method of monetization. Sure you need a product or service and it can take a fair bit of setting up but no other method can bring the sustained and everlasting gain that subscriptions can.

Initially you need a service or product, this could be added features in a forum or a club or membership to a website, for my tattoo site I being the unskilled entrepreneur looked for a way to create a service/membership without doing much myself. I contacted a few artists through other websites and asked if they would be interested in building a library of art/images that could be offered for inspiration, the first payment from new registered members would be shared between all of us.

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