I just bought 5 new domains and I plan on building 5 profitable AdSense niche websites.
It’s time to take some action and to be more accountable for the work that I do!
In the past, I’ve created a wide variety of niche sites. I’ve created AdSense sites, affiliate sites. Also, I’ve created sites geared specifically toward ClickBank.
I’ve done backlinking on my own by writing articles and commenting on blogs and trading links. I’ve paid people to write content for me on Fiverr, Mechanical Turk, Elance, Iwriter, and more… Bought .com, .net, and .info domains. Have paid for many different backlinking packages. I’ve created graphics. Even bought graphics. I’ve even bought a niche site from Flippa (waste of $88).
But the one thing I’ve never really done is to track exactly how much I’ve spent on each individual site. I have some sites that I’ve invested very little in (only the cost of the domain name) – and they continue to earn me money month after month. And I’ve had sites that I’ve probably invested over $100 in and they most likely never even earned back the initial investment before I eventually dumped them.
If I want to be serious about this whole making money online thing, I need to become more organized and start keeping better track of where I spend my money. I need to be more accountable as far as figuring out exactly what works best and what doesn’t. I’ve had some real winners (relatively speaking), but I’ve also had some real duds.
Time to Revise My Goals
My goal for 2011 was to earn $2000 a month by the end of the year. Unless I have an amazing December, it doesn’t look like I’m going to reach that goal this year.
My new goal for the next year is to become more consistent with finding the winners and figuring out what I am doing wrong with the sites that don’t make me any money. If I can achieve that goal, then I think I can reach my 2011 goal.
So tonight after several hours of research via Market Samurai, I bought 5 new domain names. I’m going to keep a detailed spreadsheet of exactly how much money I spend on each site (something I should have started doing long ago). And then I’ll track the earnings for each site from month to month once they are complete and indexed in Google and I’ll also keep a running tally in my monthly income report.
If you have a similar method or spreadsheet for tracking individual websites please share it in the comments below.
Adem, who comments on this blog quite often, posted this on Twitter today and I found it quite fitting because it pretty much sums up my thinking over the last few months.
I would love to be able to earn a decent living from my niche sites. I do think it’s a possibility but need more focus to get there.
So now is the time to focus and take some action.
The domain names have been purchased and I’ll start writing some articles and outsourcing some articles in the next few days and then begin building the sites next week. Once the sites are completed I’ll update you with my progress. (And if you don’t hear from me on this topic in a month or two, I expect someone to speak up and hold me accountable.)