Comments for My Money Design http://www.mymoneydesign.com Designing Financial Freedom Thu, 24 Apr 2014 15:00:04 +0000 hourly 1 http://wordpress.org/?v=3.9 Comment on Why You’re Not Making Any Website Income and The One Thing You’re Not Doing About It by Derek @ MoneyAhoy.comhttp://www.mymoneydesign.com/passive-income-2/blogging-passive-income-2/why-not-making-website-income/#comment-19865 Thu, 24 Apr 2014 15:00:04 +0000 http://www.mymoneydesign.com/?p=6180#comment-19865 Great point NNL. These are all just an extension of focus.

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Comment on Why You’re Not Making Any Website Income and The One Thing You’re Not Doing About It by Tonya@Budget and the Beachhttp://www.mymoneydesign.com/passive-income-2/blogging-passive-income-2/why-not-making-website-income/#comment-19775 Thu, 24 Apr 2014 00:09:44 +0000 http://www.mymoneydesign.com/?p=6180#comment-19775 I think this is one of the reasons that I stopped developing Healthy, Fit, and Frugal. I realized that my attention was being thrown all over the place and BATB wasn’t quite fully developed enough to have to sites going. Not with the time I had. I still have so much that I want to accomplish with BATB first.

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Comment on Why You’re Not Making Any Website Income and The One Thing You’re Not Doing About It by No Nonsense Landlordhttp://www.mymoneydesign.com/passive-income-2/blogging-passive-income-2/why-not-making-website-income/#comment-19675 Wed, 23 Apr 2014 02:32:40 +0000 http://www.mymoneydesign.com/?p=6180#comment-19675 Like any money making venture, focus is key. Ambition, determination and drive are others, which all go back to focus.

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Comment on Why You’re Not Making Any Website Income and The One Thing You’re Not Doing About It by MMDhttp://www.mymoneydesign.com/passive-income-2/blogging-passive-income-2/why-not-making-website-income/#comment-19673 Wed, 23 Apr 2014 02:04:44 +0000 http://www.mymoneydesign.com/?p=6180#comment-19673 Great example! I’ve seen blogs claiming that 5 to 10 niche websites are the way to go. But why? Why not focus on one or two and build them up really big? More than once I’ve thought about starting a new personal finance niche website. But then I stop myself and remember that using that budget to buy 20 more blog posts and adding them to my first niche website (that already has rank and authority) would make more far more sense.

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Comment on Why You’re Not Making Any Website Income and The One Thing You’re Not Doing About It by MMDhttp://www.mymoneydesign.com/passive-income-2/blogging-passive-income-2/why-not-making-website-income/#comment-19671 Wed, 23 Apr 2014 01:59:20 +0000 http://www.mymoneydesign.com/?p=6180#comment-19671 It’s impressive how much your mind becomes like a laser when you want something bad enough. Your eyes cut through solid stone trying to overcome every challenge that comes your way. The thing that always helps me is that I keep telling myself “this person from this website did it, why can’t I?” I find a lot of motivation in other peoples’ success.

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Comment on Why You’re Not Making Any Website Income and The One Thing You’re Not Doing About It by MMDhttp://www.mymoneydesign.com/passive-income-2/blogging-passive-income-2/why-not-making-website-income/#comment-19670 Wed, 23 Apr 2014 01:56:37 +0000 http://www.mymoneydesign.com/?p=6180#comment-19670 You’re welcome Jon. I’ve got a great update coming up in two weeks on NS4!

I can say it’s not all sunshine with VA’s. More than once I’ve said to myself “I got what I paid for” when I tried to find cheap help. But it’s just impossible to try to do everything yourself and scale it upwards. Plus every now and again you get a good diamond in the rough that you stick with.

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Comment on Why You’re Not Making Any Website Income and The One Thing You’re Not Doing About It by MMDhttp://www.mymoneydesign.com/passive-income-2/blogging-passive-income-2/why-not-making-website-income/#comment-19669 Wed, 23 Apr 2014 01:52:46 +0000 http://www.mymoneydesign.com/?p=6180#comment-19669 Yes and no. There are lots of examples of bloggers who have not really created a salable product and yet they make way more money than I could ever dream each month. Smart Passive Income is one example. By his own income reports his affiliation with Blue Host sales seems to bring in the majority of his revenue. So I do think it is possible to have substantial income without necessarily creating a product.

However, I do believe that creating a salable product as Spencer has does help tremendously to diversify your income and hedge your income against the ups and downs of traditional blog income. It almost puts you in a class all your own. I don’t think Spencer would be 1/4 as successful or popular if he hadn’t thought of something as useful as LTP. I’ve watched this sort of thing several times with the bigger blogs. At some point they seem to move beyond direct advertising and affiliate sales and create some kind of product or service. Fizzle (formerly Think Traffic) is one example that comes to mind.

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Comment on Why You’re Not Making Any Website Income and The One Thing You’re Not Doing About It by C. the Romanianhttp://www.mymoneydesign.com/passive-income-2/blogging-passive-income-2/why-not-making-website-income/#comment-19635 Tue, 22 Apr 2014 18:56:48 +0000 http://www.mymoneydesign.com/?p=6180#comment-19635 That is oh, so correct. I went through the micro niche website craze too a few years ago and at one point I had as many as 17 websites focusing on low competition keywords but clearly spreading myself way too thin. There was no way I could make it alone and there was no way to hire somebody to help, because I wasn’t generating enough money. Some relatively poor research (it really bores me to do all the research and you can imagine how much had to be done for 17 websites…) also resulted in a bad start anyway….

In the end, I decided to cut off the dead weight and focus on the bigger websites. The most money I made was a couple of years ago when I only had two websites. So in this case, it’s clearly not necessarily a “the more, the better” thing.

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