as everyone might notice I did get hacked but I’ve also been busy with work Been geting alot of email’s about the CAR that RUNS on Water if you would like a copy of the blue print all you need to do is ask and sunscribe to my RSS Feed (the little button on the right)
As I mentioned at the end of my last post, I’ve been testing a new mini business idea the last few days. Personally, when I set out to make money on the internet, I tend to build businesses rather than little money making machines. I just have higher expectations for the online businesses that I build, so if I can’t make at least $10k per month with a business, I typically won’t work on it.
But, I realize not all my readers have the same mindset I have. Not everyone has 30-50 hours per week to work on building their internet business. Not everyone wants to make six figures plus per year online (or at least is not willing to put in the work to make it happen).
So I set out to find an EASY internet business that had the potential to make somewhere between $500 - $1000 per month. This seems to be the magic number that people say would make their lives a lot easier.
You’ll notice I don’t promote a bunch of affiliate offers on this site. In fact I haven’t promoted any affiliate products since I took over this blog. The reason for this is, I will never promote a product or service unless I fully test it first, AND am able to get the results the product says I will get. Sadly, I’d say about 90-95% of the products people are promoting in the make money online niche are complete scams and garbage.
I’m not willing to sacrifice my reputation by recommending garbage products!
Long story short, I tested 4 different products claiming I could make quick cash. Three of them bombed terribly, one of them is doing pretty well. Below you will find a video that talks about the experiment business that is making decent money, and how this “quickie business” is on pace to make me about $222 per hour this year…
Press The Play Button Below To Watch The Video
Links To Websites Discussed In The Video Above:
For those of you who do not like to watch videos, I’ll write a summary of the video below so you can get a rough idea of what I’ve done (you should watch the video if you want the full details of the income potential).
One of the product ideas I tested is this Niche Store Builder Software. The idea behind it is pretty simple. It’s a software program that lets you build an ebay affiliate store very quickly and easily. Basically, all you have to do is buy their software (about $100), but a domain name (about $8) and buy some web hosting (about $100/year), push a few buttons, read a training manual, and you are in business.
So, that’s exactly what I did. I bought the software on April 16, 2008. I then followed the instructions exactly as written in their user manual. It took me no more than 1 hour to get the first site created and posted online. I spent another hour getting a couple links to the new site as the training manual stated and then I left the website alone to see what would happen.
To my complete surprise, my new website got a little bit of traffic the next day (April 17th). From that traffic, I was able to send 8 clicks to ebay’s site via my affiliate links on the new website I built. Unfortunately, none of those clicks generated any money. (See the video for full income stats of the website).
I pretty much forgot about the site after the second day not seeing any income, so I got busy with preparing for my “website buying and selling class” I’m putting together.
Fast forward 5 days later when I checked my ebay affiliate program stats again and lo & behold, MONEY.
Nothing earth shattering, but it was free money that I did minimal work for. Finally, a money making idea that actually made money!
Here’s the commissions earned from this one little stupid website I built in an hour…(all verified in the video)
4/17/2008 - $0.00
4/18/2008 - $2.08
4/19/2008 - $4.55
4/20/2008 - $7.30
4/21/2008 - $4.11
Total income over 5 days = $18.04
Average income per day = $3.60
side note, ebay’s affiliate program is pretty annoying, they delay the income stats by about 30 hours, so it’s frustrating when trying to review your stats).
Now some people would look at $3.60 per day and say “big deal”.
But, it’s actually not that bad. Let’s look at it from a business owner/investor’s perspective…
In this experiment business I started, I spent a total of $200.35 for the software, hosting and domain name. I also invested 2 hours of my time getting everything setup. That’s my total investment.
As a result, I have a website that is making $3.60 per day. Over the course of one year, that will add up to $1,314 in income for me, or $1,113.65 PROFIT (in other words, I will make 6 times my investment)
That profit will be made from 2 hours of work, which is $556.83 per hour.
Now I don’t know if this amount of income will continue for a full year without any additional effort on my end or not. I’m sure I’ll have to spend a little more time on marketing to get more links, etc.
So I’ll add in an extra 3 hours of “work” over the course of the year to maintain the current results. Even with 5 hours invested in this website, it will still be earning me $222.73 per hour…not bad!
Keep in mind, this is just one website. The other thing I liked about this money making idea is the scalability of it.
Once you buy the software, you can make as many websites as you want without any additional cost. Also, with the web hosting plan I bought (the “Baby” plan from hostgator), you can host an unlimited number of websites for no additional cost as well.
So, to scale this business up, your only cost for additional websites will be the $8 or so for a domain name.
Now, rather than making $1,113.65 profit per year with your website, each additional website would be making $1,306 profit per year assuming the same amount of earnings per day.
I have no idea how much these types of websites can earn if you actually spent time marketing them rather than just letting them sit like I’ve done. I’d imagine one single website could make well over $50 per day without too much effort.
It doesn’t take too many sites before the income really starts to add up.
As shown in the video, 10 sites earning $3.60 per day would be a profit of $12,800 per year (just over a grand per month) I also showed what you would earn if you wanted to get obsessive over this stuff and build 100 sites (over $130,000 per year).
The niche site software is perfect for complete newbies to internet marketing because it gives you full training. It’s also great for experienced marketers because it’s a huge time saver by using their templates and software.
Out of the 4 products I tested, this is the ONLY ONE that actually made money. I know it’s still early in the test, but so far it’s on pace to earn me about $222 per hour this year…
If you currently make more than that, then you can ignore this post. If you don’t make that much, then you need to seriously check out the Niche Store Software. (They have lots of great examples on their site for your review too)
Now get to work! I’d love to hear your results once you get your sites up and running…
Are you looking for a Build A Niche Store discount code or coupon code? Do you want to get BANS cheap? Don’t you know you can get at least a 50% discount and often more on BANS or any other ClickBank product without any code?
The number of people advertising BANS has now exploded. Every blog it seems has a review of Build A Niche Store or some sales pitch for it touting it as a great work from home job. Everyone wants you to use their affiliate link to buy BANS as they make about $44.00 per sale! I am no different and want you to use my affiliate link too, but….
I can’t believe most people don’t know they can get Build A Niche Store discount through their own link and save the $44.00. If you are going to buy Build A Niche, don’t go to people’s blogs and buy it through them. Sign up with Clickbank and use your own affiliate link to get the program for half the price! (if you need to know how to do this email me through the “contact” form at the top of this blog. I will help you and send you more detailed instructions)
You are allowed to use your own affiliate links on ClickBank. On number 25 of the FAQ’s it covers this topic and definitively says that you are allowed. The only thing you are not supposed to do is set up a ClickBank account for the sole purpose of buying things for yourself. However, if you are going to buy BANS, you are surely going to want to promote it yourself anyway and try to get your own commissions by selling it. Therefore, you are going to have to open up a ClickBank account to do that. Just open the account up first and buy from your own link and get Build A Niche cheap!
Now that I’ve saved you $44.00 on Build A Niche Store discount, how can you repay me? Well, if you need hosting for your BANS sites I recommend HostGator. It is now $7.95 per month to host an unlimited number of domains or BANS sites and this is a great price for one of the industry leaders in hosting. I’ve never had a problem with them (I use the” Baby” package) and if you use my Hostgator link I would really appreciate it. Please read my review of HostGator . (again, email me if you need help getting your discount)
So I decided to change the theme Again and Know I will be doing Videos So hopefully you guys like this Idea The point Of this blog is to learne and to grow and I’m trying to grow by doing videos
I suck at writing and that’s a fact so I hope I can Do a better job doing videos
well guys I have to say I tried this website http://www.payu2blog.com/
All I have to say is that’s it’s great for beginners blogs.
If you really wanna make money right off the bat meaning from when you start blogging then you must sign up with this company because they pay low about $5 per post and they have ass many post you wanna do the will give it to you even of you don’t have a PR.
This is great for beginners.
One of the problems with beginner is that they lose motivation because there not making money right away and this is a good site to sign up with to start making some cash you won’t get rich off of it but it’s a start so get off you ass and start making some cash
I love finding sites like these for beginners because when I was learning the ropes I couldn’t find any site that could help me make money like this right away.
see you guys on Monday I don’t do alot of post during the weekend because I must spend time with my family too but you can catch me at twitter now so check it out
I know this news is kinda old but have you really thought about making money online then if you have you know that ebay is one of the big online money makers you could sell ebooks online through eBay and other ways.
So now that eBay has changed it’s delivery system of electronic delivery what will most people do.
I don’t understand whats all the big hassle just send the ebook through a CD-ROM or print it out and snial mail it so that’s it just a simple solution for a big problem and keep making money online through ebooks
I can’t stress the importance of networking to make it.
I have been trying to make it from this blog for a little while and when I started blogging I never understood the importance of networking with other sites. I would make fun of other blogs just to have fun because i felt that I didn’t need anybody else to make so.
that was until I realized that you need to make blog relationships to grow if you look at all the big bloggers they all have good or great relationships with other blogs.
So how do you create great relationships with other blogs?
You start slow and smart. You can start by leaving comments on at-least 20 blogs. But don;t leave garbage comments try to leave informative comments. I myself have problems commenting on other peoples blogs but I do try not to spam.
