Are you wondering "How do I make money online?" Then you've come to the right place. Follow me as I guide you through my own experiences on how to make real money off of the internet.

Wednesday, November 9, 2011

Status of the Mission: Money Making Thoughts

As I'm approaching the two year mark into this money making experiment I'm learning that it may be better to give 110% and make one great, high quality blog experience then trying to maintain 5 - 10 average, mediocre level blogs. Although if you had the time to have several high quality sites then that would be the best but if your full time job is not blogging then that would be tough and very time consuming to do.

My current online revenue rate is 3 to 4 dollars per day. I have nine blogs. Let's say I lose my day job for whatever reason. To keep my current quality of life I need to make an estimated $1500 per month, or, on average, about 50 dollars per day. In other words, we would need to increase our efficiency by over one thousand percent to become independent and self-employed. Is it possible? On one blog we increased visitors by three hundred percent which helped increase revenue by 200%. If we could do that on five of our nine blogs that would give us our 1000% efficiency increase needed.  

My advice to you is focus on one blog and make it the best that it can be. Then go from there. 

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