Is this whats still going down SEO wise?

SittinLow

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Good evening,

I have been on a little hiatus due to graduating, trying to get into graduate school and working on a business with a friend. However, my job right now whilst I try to get into PT school is paying pretty damn low (experience type job in the medical field :( , more of a brown noser for references position). Now, I need to get back to my lifestyle as a spending cash sort of fellow. I plan on starting a few money sites, perhaps from clickbank or other affiliate type sites. I also want to look into creating mobile sites for local businesses, perhaps later.

Now, I want to be clear that I am still in somewhat of a loop. So, is this somewhat the jist of what's going down in the SEO world today?

Step 1: Money Site

Step 2: Have 1-2 articles written (~2.5% kw density) and submitted to the site per day, submit these articles to article sites each week, 20-30 sites per time per article?

Step 3: submit money site to multiple social sites such as digg

Step 4: Create 1st tier sites with relevent articles to the money site, submit these articles to article engines.

Step 5: Get backlinks for each article, backlink these backlinks

Step 6: Repeat 4 and 5 with 2nd tier, 2nd tiers link to 1st tier sites.

Do I sound somewhat in the loop?

Also, whats the deal with press release now?

And as for software:

Scrapebox (Finds keywords to target based off competitors, can find PR of all pages, can blast blog comments. What else is this software most important for? And what about GSA? I would ask about SEnuke but no go on the price at the moment!

Hopefully I can start the money train rolling to at least $1k/mo soon here.

Any insights?

Thanks!
 
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