Thanks for moving the thread!
I already diversify and have multiple streams in different segments and markets. However it does feel like continue working on things that never really come to full fruition. I have been an chameleon all my life with approaching this self reliance of income as opposed 9 to 5. with it comes obviously these uncertainties which in some countries is the same as being employed.
SEO is surely not dead and I think what you said it is fluid ...so the approach has to be fluid too..
To give a small intro.
- At 11/12 I build and ran those annoying ringtone websites and made some good money on it back then,
- At 15/16 I opened my first webdesign company to create websites
- At 18 it was turned into a hosting company, one of the big ones but also expensive ones....budget hosting companies kind of killed the market then for me and I checked out.. mind you this was during an age where you had to pay for data traffic on your server and harddisk were expensive af and so were servers.
- At 19 I turned to brick and mortar style and offered laptop/network/pc repairs
- At 22 I started with RC drones/planes selling them and it ran pretty sweet untill aliexpress and banggood and hobbyking killed the fun for the biggest players in the game and killed them, along with me haha
- At 26 I started selling licences 3d printers during the hype years and it was not bad but the marges were terrible
- I thought about porn sites but it's just not my cup of tea
- So at 30 I was back at with IM and building sites
But the game has changed allot off course and building websites and doing design work has changed also... with fiverr and tons of other places it cuts in your margin. Most of the jobs are grabbed by indians/pakistanis and other asian countries... I understand that because it's a simple living cost difference and I don't hate on them it's a simple equation.... their living costs is 500 usd... mine is 2500 usd ... so yeah their prices is 1/5 of mine haha.
but that does not take away the inevitable of certain things
- as everyone is getting more connnected more potential customers
- more people online also offering services for lower fees as their living cost is less than where you live
- any market you find, it can quickly be saturated or hijacked before it attracts momentum
- any affiliate you get, as soon as they are full they cut you off... like amazon.... unless you start blogging about the best wordpress plugins and create affiliates based on your reviews etc etc... that might work still donno...
Only conclusion I can have and make...
Change is inevitable, so changing your business model is also inevitable. It was just a bit easier like 100 years ago.... you would walk up to a store and it has been run for generations.... but now.... you are at 1 point a business banker then you are doing silly vlogs on youtube... then some blogger.... then back to crypto trading... all in less than 10 years time..... it's just insane and tiredsome.... maybe I was hoping I was the only one and others have an solution....while knowing this a challenge everyone has....