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My 2.5k month or 5k by 01.09.14

Discussion in 'My Journey Discussions' started by plonk, Jul 2, 2014.

  1. plonk

    plonk Junior Member

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    Hello everyone, this is my second journey, first one was a success in a way that I learned a lot and I did earn a bit of $$$.

    Introduction

    This journey is inspired by the new financial year and the time closely creeping up when I have to leave my stable day job and go back to Europe. Since I suck in saving money in the last two years I have saved close to nothing.

    Besides I'm going to my country (Northern/Eastern Europe), where with 5000 AUD (3500 EURO) I could live off for a long time.
    My goal is 5000 AUD in my account by the 1st of september, that would be 2.5k month, but first month probably will not be that good anyway.

    Oh, for this goal I'm not taking anything from my pay-check (day job) only web related income. So that also means that I do not have to spend any of the money I earn in this journey so all goes to my goal.

    The Plan

    To make it easier to fallow I will colour code parts.


    Part 1
    The Yellow Sites

    If you have seen my previous journey where I set out to learn and make some cash you know what I'm into. The site I built before I am selling now and there is a lot of interest.

    That made me thinking that I can build a few of these online businesses and sell them for good profit.


    Part 2

    The Green (money making sites)

    Build two to three sites that will sell the services to the sites I sell (I'm using Darren9682 Method with my twist for more profit)

    I will build about 3 of these sites (part 2 sites) and about maybe 6 (part 1 sites). So this will give me returning income not a lot since I still wanna sell the part 1 sites as a good deal.


    Part 3
    Build Tradie Sites

    In the spare time I will build a tradesmen site (for example bricklayer, someone who probably doesn't really care or have time to learn about websites), when I sell the first one I will change the layout/colour of the site and sell it again in another city Australia is bloody large so the chances of them seeing each others sites are slim.

    Part 4
    Sell Services

    I will offer all the tradesmen and yellow sites I sell to host their site and with that provided minor support.
    *By hosting I mean I'll probably get another godaddy account buy the biggest hosting option and host these sites on there (could there be any problems with this?)
    I will charge them something small like $25 per month. Sell 20 sites like this I'll have a nice returning income every month with minor work.
    Eventually I want to learn good SEO and offer them to rank their site on the top lists in keywords and charge extra $$$ per month for that. Also I will build one yellow site (graphic design) for my own use to forward the tradesmen and Yellow site buyers where they can order new logos/flyers ext.

    Goal

    Now I want to build this up over the next two months and automize/outsource some of the tasks from the start. I already am working with one mate that is just learning WP to build tradesmen sites we will sell. So hopefully by the time we sell our first 3 he will know how to do it and I can focus on selling them not changing.

    Green sites I will run myself and try to get some of my mates to run if for me for a nice big %.
    Outsource the SEO (if I don't learn how to) for a good price I can add my own % and earn from that I will have to find a price that the tradies will find attractive to be in the first page...

    My main goal is to grow my graphic design site as thats something I like.

    Also I am making this a brand name you could say to grow influence in the industry and hopefully will get friends/people to run difrent parts of the brand for big % while I'll get smaller % then they.. but hey I won't have do anything and still get $$$.

    BrandnameGroup - Me (the main site)
    BrandnameWebsite - Mate1
    BrandnameDesign - Mate2
    Brandname ext.. - Mate3/4/5

    I'm a big fan of Richard Branson (Virgin Founder)

    I wanna grow a brand too not spending all my time working for just one part of the whole plan the whole time. I want to get to people do stuff for me while they feel like the winners because they will earn more then I from one of the parts while I will earn a lot from all the parts together. At least thats the idea...

    My first step:

    Sell the first yellow site and build a green site to sell to the yellow I'm selling.
    Finish building the tradesmen site and start to do online/offline advertising for it.

    I also will post in this tread if I have any other plans to branch out more or to do something more to get to my 5k goal.

    My money stats:

    GOAL : 5000

    LEFT : 5000

    AMOUNT MADE FROM SALES : 0


    RETURNING INCOME (per month) : 0

    Tips and good words as well as bad will be highly appreciated.
    Good luck to me and to anyone on any journey now.
    lol its a colourful post..
     
  2. TheUnborn

    TheUnborn Elite Member

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    Look like a solid journey,all the best buddy
     
  3. himanuzo

    himanuzo Supreme Member

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    Your goal AUD5,000...

    Keep updating this thread until you meed your goal. Good luck!
     
  4. plonk

    plonk Junior Member

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    well it is only about $300 difference between 5k AUD and 5k USD,
    Thanks mate, I will hope on my first sale in the next 2 days.

    Thanks mate, hope if works out well!
     
  5. The SEO

    The SEO Jr. VIP Jr. VIP Premium Member

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  6. umerjutt00

    umerjutt00 Jr. VIP Jr. VIP Premium Member

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  7. plonk

    plonk Junior Member

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    Thanks mate, I appreciate that!

    Hope so hehe..
     
  8. plonk

    plonk Junior Member

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    I also got some progress already, I put the tradesmen site for sale (altho it's not completed yet but to get some movement going) and I am in the process of selling my first Yellow site (negation), will keep updated how things go with the yellow sale.

    In the meanwhile I will pre pair a nice pitch to the people who wanted to buy my site but did not make it in time or where just in line next or did not offer me as much as the buyer now.

    Since all of these people are interested in spending their money I will offer them to build a Yellow site to build a site for 1/2 price just to get some motion in my green sites (still need to build them) and maybe get someone to sign up for my services. ​
     
  9. proxygo

    proxygo Jr. VIP Jr. VIP Premium Member

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    i wish you good luck with your sites, my only concern is something
    you posted on another thread, buying and selling and an image of good standing
    all add to how people view/treat you. you portray a man on a mission to earn money
    which is good - but on the other hand from your other thread there is a mark of
    deception in how you sell your sites.

    i advised you to speak to meathead the most well known guy on bhw for site selling

    so actually what your promising the buyer of your site is nothing more than a fake
    receipt - technically hes buying something with 0 proof of purchase from you as the
    receipt is fake, this is not how good business is done and vips should not support
    this type of practice
     
    • Thanks Thanks x 1
    Last edited: Jul 2, 2014
  10. plonk

    plonk Junior Member

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    First off thank you for pointing this out to me! Reason why I joined the forum in the first place was to learn and this is perfect real life learning...

    I will try to contact Meathead today to get some tips..

    However I do not think that the Bill of Sale I made is a fake..
    The Bill of sale for me works as a outline that I am selling this site for $X amount to X person.
    Outlining my details (also my legal details business #) and other terms we agreed on while discussing the sale (periodical payment ext)

    Both parties sign and keep a copy.

    After I will get my document back I will send the X person a invoice as a registered business person..

    Hope I did not screw my sale by being not professional...

    Not sure if this goes under this topic but I will provide documentation on the site and manual when I sell it.

    Should I provide documentation prior the sale (date of registration, registration details, traffic, x amount of emails accounts, cloud details where I keep the resource files ext?)

    Like you said this is not how you do good business so I want to learn the right way to do good business in this industry.
     
  11. plonk

    plonk Junior Member

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    Got some progress with the tradesmen site TBH I did not expect to find someone that quickly.

    I already have the site "under offer" and will meet the buyer tomorrow to get their details and info from them what they want to put on the site.

    Not ideal as I would like to grow this online only but thats my first tradesmen client so I want to know what is he's POV and what are his needs/wants and concerns so I can work on those parts.

    Hope it all works out tomorrow and hehe also he pointed out what my goal was in the first place targeting them.

    His quote: "I'm not computer savvy, I can fix this and that no problem, but when it comes to computers/websites I have no idea what I'm doing"

    With this in mind guys, I recommend you targeting them. Most of them earn good money (at least in Australia) and are willing to spend if you can deliver good quality service/product.



    Anyone can do this, I sucked in Wordpress 3 months ago (I knew this and that), but after I built my first site (the Yellow I'm selling *took me 3 weeks) I got my hand around it and can cook up a site about 70% ready in two days and then get the client to give the information that will make it 100%.

    This will end up being a $50-100 day. Yes $100 day, the number everyone so much want to see.. Of course it depends how fast you can build/sell/edit it and the price you selling for so thats why 50-100.

    And of course you can provide support in the future to update the site $$.
    Host the site $$ help set up a host (affiliation) $$. Re-sell fiverr design gigs for these clients again $$.

    Man, I'm sooooo exited for this, I think gonna star work on a new tradesmen site and pre pair my paperwork for the future proper documentation of websites when I sell them..

    This is while I'm waiting on my current buyers.
     
  12. Mindanao

    Mindanao BANNED BANNED

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    Good luck with your journey mate. I wish you all the best.
     
  13. Yildiz

    Yildiz Regular Member

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    It's crazy how our goals are so much alike! I also very much admire the way that Richard Branson conducts business. Might I ask how old you are?
     
  14. plonk

    plonk Junior Member

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    Thanks, I appreciate that!

    Branson is bloody amazing since the moment I read his brand name I knew that hes awesome.. After reading "Losing my virginity" I knew that hes my idol.


    My ages...
    Old enough to know better, young enough not to care...
    If you really want to know ask me in PM, would like to hear what you working on too!
     
  15. plonk

    plonk Junior Member

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    FYI Meathead confirmed what I did are the correct steps when selling a site under $1000.

    Bill of sale + Invoice is enough when dealing with the amounts I'm at now $1000 and lower.
     
  16. plonk

    plonk Junior Member

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    I sold my first YELLOW site such a awesome feeling!
    Just received first payment of $400 AUD and the 2nd part coming in two weeks!
    Thats $800 dollars closer to my goal, but I won't put the whole 800 until I see it in my account.

    Also the person who bought my site signed up to my Services this will give me $25 per month for just hosting and minor support!
    This month I will not charge hosting payments but as of 1st of August I will.

    The Tradesman site is also in the process of selling however tradie being a tradie i mocking around.. I even gave him a offer after he told me that he is on a thigh budget.. We will see how it works out!

    In the meanwhile while in the next two weeks I will need to help the yellow site owner make changes ext to the site.
    And I have to build up a Green site don't wanna give out my freelancer details...

    My money stats:

    GOAL : 5000

    LEFT : 4600

    AMOUNT MADE FROM SALES : 400


    RETURNING INCOME (per month) : 25
     
  17. plonk

    plonk Junior Member

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    Didn't get a lot done over the weekend only had 1 day for myself as I had my day job on Sunday.

    Never mind that, I have a good feeling for this week. Will work hard to make 1 more sale and get some more income coming.
    Finally the famous 7878 method (22 Letters = 17k) that I have seen mentioned here and there in the forum made me think that I could try to implement this in my strategy under "services"

    Because the business I work in my day job is in a accommodation niche we are rated a lot.
    I will learn and then polish my new learned skills on my boss to get real feedback on my pitch to make this more successful.
    Also started to build my brand name (i'm in love with it, not really as cool as Virgin but it's awesome) have started building the Green site.

    Quick question about brand name..

    It's a quite uncommon word but it's real.
    At first I was looking for something from the "good side" f.e. angel (EXAMPLE) and I ended up taking something from "bad side" f.e. Devil.

    Now my brand name is nether one of these (...of course) but it is would be considered under the
    "bad side" as the clean meaning of the word would be something like this - rough, rowdy and out of control.
    many people don't even know the meaning but for those who know would that be a turn off?

    You don't really see brand names - Devils Blueprint(sounds cool thou) ext...
     
  18. plonk

    plonk Junior Member

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    Have been waaaaay off track and off my course.
    I need to stop fu**ing around and work on what I know works.
    So I'm building another site that I will sell as a business opportunity.

    Gonna build in the same niche.. will screw my karma abit as I did not want to build another site there... and i feel that I would cheat the previous buyer in some way..but i'm not reselling the same site so it's ok I guess...

    Nothing personal just business.
     
  19. plonk

    plonk Junior Member

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    Haven't updated the tread for a while, I'm a bit closer to my goal..
    I haven't really progressed much for the last 1+1/2 week don't know somehow I could not do anything. It's like I do but nothing happens...

    My biggest enemy - myself.

    I see this method works, I can do this, but I don't don't know why instead I want to do other methods that I see. Not my own.. Stupid...

    As we speak I am building another website like the one I sold and also I am building a base site where people will buy the services from me (this is a method by one of the guys who sells fiver goods on his site and then builds a site that buys from his site, that he sells on flippa) I'm basically doing the same only charging way more for the site as I sell it to offline clients.

    Also I am finally moving forward with my branding and my first part of the brand will be live soon, hopefully I get more clients and income then.

    Any tips on how to get clients offline clients for graphic design?

    My money stats:

    GOAL : 5000

    LEFT : 4200

    AMOUNT MADE FROM SALES : 800


    RETURNING INCOME (per month) : 25
     
  20. plonk

    plonk Junior Member

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    Yesterday finally got myself together and finally built another Yellow site Tomorrow I will complete it by checking for any mistakes and errors, thinking I'll sell this site for about $500 since I don't have any proof of sales or traffic...

    But I could go black hat and show the stats from the site I sold before.... a few sales and a bit of traffic and try to sell it for ~1000...

    Also I'm thinking I'll sell it, change the layout/colours and put it up for sale in flippa to get some more clients for my green site.

    So tomorrow I will complete the site (kind of proud of myself that I set up a full ecommerce site in two days working about 10h in total..)

    Also my supplier should deliver the last items for my Graphic Design site and that should go live next week too..

    Will update how it's all coming together.