1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Self Sustaining Income Methods

Discussion in 'Making Money' started by invisioned, Jan 31, 2009.

  1. invisioned

    invisioned Registered Member

    Joined:
    Oct 2, 2008
    Messages:
    65
    Likes Received:
    110
    Hi guys, me and Im sure alot of other people on BHW would like to know, "What are ways to make self sustaining Income on the internet?" :confused: . Not just growth spurts, not just something that will run passively for a month and die out slowly. But a system that once in place will be like a car engine. Once you crank it up, and drive the traffic, It becomes self sustained. So I wanted to start this post so that the BHW room could elaborate on it, and go in depth. As most peoples major goal , is to become financially independant, or at least have more time to invest in other projects or spend more time doing what they love or spend time with thier family. :D I want to thank BHW and all its members because this is a great community, which I plan to support and help as I go learning and applying the methods I learn. Thnx 2 all
     
  2. dloader22

    dloader22 Junior Member

    Joined:
    Jan 16, 2009
    Messages:
    176
    Likes Received:
    149
    The best method I know of is writing an ebook or starting a service (where you outsource the work load for a very cheap price). If you set it up right, get traffic to your sales letter from search engines, and automate payment, product delivery etc, then you can just leave it on autopilot.
     
  3. jokerLA

    jokerLA BANNED BANNED

    Joined:
    Dec 27, 2008
    Messages:
    167
    Likes Received:
    55
    well from my personal experiences the methods i have used always came to an end.. or saturated.
    so my opinion is don't limit your self to just learning 1 method.. always have a back up one at least..
    example i' m working with 3 methods right now and have about 20 organized in folders and txt files
     
  4. magcshroom

    magcshroom Regular Member

    Joined:
    Nov 7, 2008
    Messages:
    275
    Likes Received:
    117
    The key is to diversify your income streams and to never put all your eggs in 1 basket. In general, bh methods aren't passive and usually require some time to get them to function. Most WH methods are passive income streams such as adsense. There are of course expectations to everything. You also run the risk of being banned using BH methods.
     
  5. invisioned

    invisioned Registered Member

    Joined:
    Oct 2, 2008
    Messages:
    65
    Likes Received:
    110

    Yup Im in the same boat as far as methods go. This question will bring BHW to a new level of thinking, The gasoline companies are virtually self sustaining, because everyone needs gas. They have a system in place. and the fat cat at the top is probably home or playing golf or out working on new projects.
     
  6. fabio

    fabio Regular Member

    Joined:
    Oct 10, 2008
    Messages:
    234
    Likes Received:
    80
    Start a forum and hope it grows, still have to moderate it though.
     
  7. marioland

    marioland Registered Member

    Joined:
    Dec 8, 2008
    Messages:
    80
    Likes Received:
    15
    The ebook thing is probably the best bet. But still, any method needs to be fueled up otherwise will slowly get you less and less money.
     
  8. laserblast

    laserblast Registered Member

    Joined:
    Jul 29, 2008
    Messages:
    80
    Likes Received:
    24
    Location:
    Seattle/Hawaii
    There aren't many, all methods will require some sort of upkeep. Your analogy about the car engine applies to this very fact, ie. you still have to drive the car, maintain the engine, fill it with gas, etc.
     
  9. zhagijs1

    zhagijs1 Jr. VIP Jr. VIP Premium Member

    Joined:
    Oct 19, 2008
    Messages:
    149
    Likes Received:
    47
    I believe the best method is to create niche sites and make money with google. people Google is used by 80% of world it is not going nowhere for at least a while(as long as no one drops a-bomb on their stuff) so blackhat is fun and exciting but doing things white hat will get you that money freedom you are talking about. Well that is what I believe.
     
  10. metaldragon

    metaldragon Regular Member

    Joined:
    Mar 2, 2007
    Messages:
    221
    Likes Received:
    72
    yeap white hat seo will give you stead long term results with very little upkeep.

    just takes time getting the results you need.
     
  11. zhagijs1

    zhagijs1 Jr. VIP Jr. VIP Premium Member

    Joined:
    Oct 19, 2008
    Messages:
    149
    Likes Received:
    47
  12. RumMonkey

    RumMonkey Junior Member

    Joined:
    Jan 8, 2009
    Messages:
    150
    Likes Received:
    224
    Occupation:
    no
    You need to put in the work to get good results, methods always seem easier in theory than reality
     
  13. Yoko34

    Yoko34 Newbie

    Joined:
    Sep 18, 2008
    Messages:
    48
    Likes Received:
    4
    Let's just say, if someone is smart enough to set-up a self-sustaining autopilot way of generating cash, they are smart enough not to talk about it. :)

    Yoko34
     
  14. bantoncookies

    bantoncookies Regular Member

    Joined:
    Jul 19, 2008
    Messages:
    275
    Likes Received:
    233
    This one is easy...

    whitehat sites. Takes time to build and drive traffic, but once that's done it's pretty much self-sustainable.
     
  15. LHaskins

    LHaskins Regular Member

    Joined:
    Apr 30, 2008
    Messages:
    264
    Likes Received:
    165
    When I first came to this site, someone posted "Use Black Hat to finance

    your White Hat"

    White Hat takes lots longer, but it can become mostly hands off.

    Become a "expert" in something and start your own membership site and charge
    your members each month. Hire someone to provide the content each month.

    There ya go, a hands off business (sorta :D)