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A College dropouts' plan to buy a house!

Discussion in 'My Journey Discussions' started by adderall, Apr 3, 2019.

  1. adderall

    adderall Newbie

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    Preface:
    I've been lurking around BHW for a little bit now and have been inspired by the My Journey To XXXX a month. So, I'd like to share my small experiment with you guy as well.

    Intro:
    Before I dive into my plan, I'd like to give you all a little background, I'm currently thinking about dropping out of college but before I take the plunge, I thought it would be nice to have an extra source of income other than my regular day job (IT) and freelance consultant. The extra money would be useful for paying off some student and saving for a down payment on an apartment building which could bring in income if I leverage the credit right.

    So What am I doing:
    I'm starting a simple tube site as an experiment and a learning opportunity for SEO, IM, and their marketing strategies. I'm using Digital Ocean (DO) as my host since it's what use on a regular basis, I think they allow porn on their servers but, I'm not too sure about that. For a CMS I'll be using WordPress with a WP-Script theme and their WP-Script Core.

    What I've done so far:
    So far I've set up the WordPress site with the script and theme, it wasn't too hard since I had a little bit background in CS and some help from DO. After that, I began to look into advertisers I ended settling on two that I think will work well in the short run. However, I'd like to find some high CPM advertisers that pay in bitcoin so that the money stays anonymous. For videos, I've simply been embedding them on the website and using Hubtraffic as another revenue stream. Other than that I've done some minimal SEO work, but I'm waiting to see if I can least break even before my semester ends. Otherwise I'll have to rethink my strategy.

    How Much I've Invested:
    At the time of posting this, I'm about two days in and have around $70 invested in this project. The majority of the $70 went to buying WP-Script and a theme. At first, I thought about using a cracked theme, but got turned off by its bugginess so; I switched over to their new Core Script which was ~$45 and one of their themes for $25. Hosting I get for free for a few months since I have an EDU account with DO. I plan to invest more but I feel that I require some more knowledge before I do.


    Conclusion:
    I want to get some feedback on this plan, I know it's bare bones, but I want to see if I can least break even before I go full force on this venture and if anyone else has had any success with something like this. I'll update this thread as I make progress on this journey!

    TL;DR:
    I'm about to be a college dropout and want to make a tube site before the semester ends so I can have extra income apart from my regular sources of income after I drop out.

    Day 1 & 2 Total Revenue: $0.002

    ------------The follow is for myself but feel free to read on--------------
    Short-term Goals:

    • Break even
    • Streamline embedding process
    • Further Refine Niche
    • Search for higher CPM advertisers
    Long-term Goals:
    • Invest in other onsite advertising methods
    • Have tube name be top of google search
    • Learn SEO and IM skills
    • Generate positive net income
     
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    Last edited: Apr 3, 2019
  2. CPABeyond

    CPABeyond Registered Member

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    Welcome!

    Interested in seeing how you progress in your journey :)

    Let me know if you need any tips on how to refine your campaigns and goals :)

    Day by day long-term success key!
     
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  3. splendiferous

    splendiferous BANNED BANNED

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    Good luck. I use Digital Ocean too. Can't beat the pricing for what you get.

    Once you get that house, you can tell your dinner guests you bought it with porn money ;)
     
  4. adderall

    adderall Newbie

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    Lol that would be the best! I'd probably get get odd looks and lots of questions.
     
  5. TheVigilante

    TheVigilante Jr. VIP Jr. VIP

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    Hi Johnny rabbit :)
     
  6. adderall

    adderall Newbie

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    lol, I guess if want to expand into other pillars of the business world an
    lol, that be a great way to bring in some extra money
     
  7. ritipinheiro

    ritipinheiro Registered Member

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    Wish you the best of luck with your journey!
     
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  8. Nyok Jr

    Nyok Jr Junior Member

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    And here's the "Education System" lost another great mind and money .. best of luck mate.
    I still respect the Edu-System cuz they teach us how to write and read but our minds and thinking outside the box is what will take any passionate person to the higher levels.

    Am expecting my invitation to the BBQ party when you get the Key...:):):D
     
  9. lorentzo

    lorentzo Elite Member

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    Are you sure DO allow porn on their servers? Are you uploading video files or just iframe them ?
     
  10. adderall

    adderall Newbie

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    I'm also fond of the education system I just didn't like my experience in higher level education. I do plan to go back to school at some point just to have the degree and show that I more than IM.
    Also you're for sure invited the BBQ!

    I'm just doing iframe for now but that could change depending on what brings in a higher ROI as for porn on DO I did a little research and saw that only softcore porn is allowed so in the mean time I'll host there until I find a comparable host.
     
  11. adderall

    adderall Newbie

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    Day 3:
    I spend most of the day away from the computer today got personal reasons (weed). However I made a higher revenue today with more organic traffic

    Day 4:
    Today I uploaded some more videos and found a new advertiser. I'm also experimenting with a new way to get visits to my website. it looks like it can be a good method but I just have to refine it a bit. Maybe do some A/B testing or something.
     
  12. rafark

    rafark Jr. VIP Jr. VIP

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    Good luck, hope you make it! Buying a house is also one of my main goals.

    Don't ever use cracked themes on a production server, it will break the entire system (malicious code).
     
  13. apranax

    apranax Newbie

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    If you're gonna use copyrighted content you should use offshore hosting. Sooner or later you'll get Dmca warnings and DO will ban your account. It doesn't matter if you iframe the content or not.
     
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  14. John4life2017

    John4life2017 Supreme Member

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    All the best!
     
  15. adderall

    adderall Newbie

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    Just got banned this morning but I'm found a new host and should be up and running soon.

    Day 5:
    I made $0.12 in one day from the method that I'm experimenting with I expect that if my site hadn't gone down I'd probably be close to a dollar. I've also added an other method of monetization but we'll see how that goes in the coming days.

    Plan for this weekend:
    Since my site is probably gonna be down this weekend. I'm going to try to find other ways to retain users on to my site so I'm coming up with a few methods
     
  16. longhigy

    longhigy Newbie

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    Good luck man
     
  17. ceepzki5

    ceepzki5 Newbie

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    then they will call you kanye
     
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