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I've spent enough time making other people money, now I want to make some myself

Discussion in 'My Journey Discussions' started by greenlion, May 29, 2014.

  1. greenlion

    greenlion Newbie

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    Hi everyone, I'm a long-time lurker on this site but haven't posted very often. Anyway, I've decided to start a journey thread, mainly to try and motivate myself to carry on and finish the job with some of my IM projects, and also to seek advice and hopefully share some of what I learn along the way.

    A bit of background on me, I'm a professional writer by trade who is now working in PR/marketing. I used to be a journalist for newspapers (remember them?), freelanced for a few years mainly writing blogs and online copy and now I'm working in an agency environment.

    I did ok freelancing and still keep a few writing clients on the side so you could say I am already 'making money' from the internet. But I'm keen now to expand on some of what I've learned and try and get some projects going that can bring in recurring incomes, rather than selling my services by the hour. I also have a real-life publishing project which makes decent revenue and has an associated website that has ok traffic (around 200 UVs a day, more when certain articles do well) but makes barely any income in itself.

    So I write for a lot of other people's websites and see how people are making 'x' amount from marketing their sites and am keen to try and build some projects with longer-term benefits for myself, whether that's building out sites with content and then flipping them, setting up some niche sites with recurring income or re-selling additional white labelled services.

    So, things I've tried or keen to expand on:
    ? Affiliate marketing ? this is what I first got into when I dipped my toe into IM a few years ago, but I made some mistakes, bought some awful domains, and basically never really pushed on with any of the projects. I now have one decent niche e-commerce related site that I'm keen to push, it has a good logo in place, some keyword research done and products in place and potentially the makings of a good 'brand'.

    ? Some 'autopilot' projects. I know autopilot is like the Holy Grail, but I like the idea of trying some of the techniques on this forum with RSS feeds, Tumblr, Pinterest bots etc. 'Set it and forget it' is probably a marketing myth, but I'm happy to outsource micro-tasks if I can decide on a profitable strategy.

    ? Monetising my existing site. This is the most obvious place to start, I've got a good site, great content and a loyal audience. But I've been sidetracked for years with an old fashioned design and always been reluctant to risk too much money on redesigning it. The redesign is underway now so will be ready to launch soon (hopefully). I won't be trying anything risky or anywhere near black hat with this site, but can hopefully implement technoques that I find to work elsewhere.

    ? Marketing other 'services'. I've got existing clients for my copywriting and while I don't really want to take on too much more writing myself, building a team of outsourced workers or re-selling other services does appeal. For example, I have a profile on a freelancing site and have good ratings, so I could start to offer other re-sold services on there, for example social media followers, web design packages etc.

    ? PPC. I've recently gained my AdWords certification through my day job and while I'm nowhere near an expert, I am happy to put money in to campaigns for some 'quick wins', if I find something that I think will be profitable.

    ? Site or domain flipping. I made the mistake of launching into buying awful domains when I first tried to start out, but I've wised up now. I like the idea of flipping expired domains (have recently bought a couple), but I like the idea more of buying domains, outsourcing site design, whacking up some content and then selling the site.

    ? Real life products sold in a unique way. I've got some ideas here, but will probably put these on the back burner for now. I think years of working in 'intangible' industries has made me crave the feeling of selling and so e-commerce really appeals to me, making sales and shipping products.

    SKILLS AND RESOURCES I HAVE AVAILABLE:


    ? Hosting. I've got an existing shared hosting package.
    ? Writing ability. As I've said, this is my main job so ideally I'm trying to avoid getting home from work and then writing some more for my own sites. But clearly this is my main strength, so outsourcing and then editing other people's writing is something I'll be looking to utilise.
    ? AdWords experience. I've got some experience here so happy to experiment with it. Same goes for Facebook Advertising.
    ? Wordpress experience. I'm familiar with Wordpress, I'm not a designer but have a basic grasp of it, so for the most part I'll probably stick to Wordpress for knocking up sites. Always on the lookout for affordable Wordpress designers though.
    ? Wordpress themes. I've got a subscription to a Wordpress theme club so have the option to use premium themes for no additional expense.
    ? Existing Adsense account. I won't want to risk this on any grey hat sites though.
    ? Amazon Affiliates account and other affiliate network accounts. Again, these are linked to my 'main' site so I don't want to do anything shady with them, might be a case of setting up other accounts.
    ? An existing 'niche' site with a bit of content, a domain, logo and some affiliate products to list.
    ? A couple of spare domains, including two I picked up recently. One is adult related but it had just expired so I bought it, the other was just a good two-word domain that could be applied to various ecommerce or authority sites within a couple of different niches.
    ? A bit of budget. I don't have masses of money to invest but happy to put bits in here and there. For example, outsourcing some content or if I could identify a product to sell, then putting, say, 100 towards an Adwords campaign might be possible, with the idea being that I could reinvest the profits and scale it up.

    GAPS IN MY KNOWLEDGE:

    ? Using different IP addresses or proxies, sounds like something I need to do if I'm to start branching out into various projects without wanting to risk any bans.
    ? Affiliate cloaking. Sounds straightforward enough, but I need to investigate further.
    ? Design ability. I know what I like but don't know how to make it happen on screen.
    ? SEO. I understand the basics but the manual side I'm not so keen on.
    ? Time and patience. But then who really has them?

    FIRST STEPS:


    One thing I keep reading in all 'newbie' methods on here is the advice to just 'take action'. I'm very guilty of doing too much research and not taking enough action. I also flit from project to project without ever properly starting one.

    So, first off, I need to decide on something to get me earning something and then build from there. I keep looking for 'quick fix' methods, such as some magic trick with Pinterest that will suddenly make me hundreds of pounds in a week, but I know such things don't exist and it's down to me to put in the hard yards.

    I think the most sensible option first off is to finish and launch my niche affiliate site. That's then a basis that I can use for site flipping or building similar sites with the same processes in other niches.

    Sorry for waffling so much in my first thread, but be delighted to hear any feedback, advice or suggestions for where I should start!

    Hopefully I'll be able to keep you all updated with what I decide to concentrate on first and keep you posted on my progress...
     
  2. Mindanao

    Mindanao BANNED BANNED

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    Good luck with your journey mate. I wish you luck.
     
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  3. sassafras

    sassafras Junior Member

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    Seems interesting, subbed. With that background you should do well. IPs and proxies are simple enough to understand that I'll give a quick shot at explaining them here.

    Your internet connection has a unique address made of 4 numbers like 255.165.4.25. That is what is used by the servers hosting websites to send the right information to the right person. Companies use this to limit the activities of certain people they think are acting suspiciously. For example google doesn't like people with multiple google accounts so if it sees you making many accounts from the same IP address it will stop you making anymore.

    To get around these blocks you need to change your IP address. If you have a dynamic IP changing it is literally as simple as turning your router on and off, yu can test it now on whatismyip.com if you want. If you can't do this or for some reason don't want to you have to use a proxy. A proxy is a server somewhere out there which allows you to tunnel your web traffic through it. Say if you want to see a website instead of directly asking the server hosting the site you ask the proxy server to do that for you. The proxy server then gets the site and gives it to you. This obviously slows down your internet speed sending all the traffic through another step.

    Of course proxies aren't equal. There are public, shared and private proxies. Public proxies are free and let anyone use them, you can find daily lists of thousands of them in the proxy section. However sites like google get suspicious when the same IP is making hundreds of requests so they blacklist it. Shared and private proxies get around this by limiting who can use the proxy, of course this means you have to pay a monthly fee. Shared proxies usually have around 5 people using them and cost around a dollar each per month. Private proxies only have you using them and usually cost around $2 a month.

    You just have to be careful to wipe your cookies, cache etc when using proxies. Sites find it very suspicious when people from 10 different IP addresses but all with the same cookie log into different accounts.

    Good luck
     
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  4. SeanAustin

    SeanAustin Power Member

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    Glad to see a researcher/planner finally taking action.

    My one piece of advice is: Take MASSIVE action.

    Subbed and good luck!
     
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  5. greenlion

    greenlion Newbie

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    Well, hopefully taking action at least...I just need to decide which step to concentrate on first. I'm sure this thread should keep me disciplined though.
     
  6. greenlion

    greenlion Newbie

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    Thanks for that sassafras, great summary. I think it all makes sense anyway. Don't think it's anything I need to worry about too much just yet at least but I'm sure I'll be back with some questions on it when I do...
     
  7. Mayer

    Mayer Regular Member

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    Hi OP,

    If you have a site with 200 UV per day from a loyal audience, I would say that is a very good place to start. Build a list, find some products that your readers might be interested and slowly you can start to get some sales. In other hand, whatever is the project that you decide to start it will take you hours of your time, it will take work, research, testing , etc... There will be good and bad moments ahead, and the only thing that will keep you working is motivation. Pick the one that motivates you more, elaborate a plan , and start.Good luck !
     
  8. arganrecords

    arganrecords Elite Member

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    It's time to act! Go and setup your method! If fails don't worry, go harder the next time.
     
  9. learnquick

    learnquick Registered Member

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    Good luck. With your background, you'll succeed.


    I worked for a daily newspaper for almost a decade. I got out of that business and got started in IM about 2 years ago. My advice: Work like you are on deadline -- all the time.


    You'll learn what's cost effective for you to do and what should be outsourced. For instance, I have clients who want articles from me, but I outsource them to my VA. He writes them; I edit them. The client receives them and is happy. I earn a nice chunk of change.


    If you already have a good freelance writing profile in place and know how to hire quality writers for cheap, you have a money-making method ...


    BHW has a lot of info -- just start something and see where it takes you. Then, research what you don't know.