20
Mar
2008
Posted by Andrew as Money
The video that I’ve posted below from 45n5.com was very interesting and thought provoking. I’ve considered making several websites and cashing in on the smaller profits rather than focusing only on AndrewPavelski.com. I thought about what Mark Wielgus from 45n5.com had to say in this video and I personally think that making 100 websites that yield $30 dollars a month would be much easier than building 1 website that makes $3,000 dollars a month. Sure you’d need to take the time to build each site, promote each site, and work on website upkeep and maintenance, but once you get a nice system going, I could see how people could cash in. I’ve talked to several forum members in the various forums that I’m a member of who claimed that they make several thousands of dollars each month by running multiple blogspot blogs. One guy even said all he does is write product reviews, posts affiliate links (doesn’t spam), and makes a healthy chunk of change each month.
After watching this video, I’d like to know your opinions. What do you think: easier to make 1 website at $3,000 dollars a month or 100 websites at $30 dollars a month? Everyone is different: some may be highly motivated about one topic or “niche” and find that making one website earn $3,000 a month is easy. While others may enjoy running a bunch of sites with different topics of interest, while making $30 a month from each site! Let me know your opinions in the comments section ;)
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9 Responses
Maria Ozawa
March 21st, 2008 at 9:52 am
130 websites seems alot of number for somebody new like me, but for experts, that number is no far from being small…
but as some says, quality over quantity :)
Iacob Ionut
March 21st, 2008 at 10:40 am
2In my opinion it’s easier to make 1 website and concentrate your full attention on it.I tried to make 10 blogs covering 10 different niches and I failed miserably.
Bryan
March 21st, 2008 at 12:08 pm
3I had always thought it was better to diversify and not have all your income tied up in one site. To me, 30 websites sounds like a lot to keep track of.
Luke
March 21st, 2008 at 9:03 pm
4The original question is $30 times 100 sites, not times 30 sites! It would also work with 30 sites that make $100 each.
I think building quality, non-spammy sites is the most important thing. If you can build 30 of them, that’s cool. A $30 site would be $1/day… Could I produce $1/day sites at a rate of 1 or more per day? I’m not so sure. If I could, it would be just over 3 months when I got to the $3k/month mark.
Good question. Thought provoking.
Douglas
March 21st, 2008 at 10:13 pm
5Creating thirty disposable sites to make $3,000 a month, to me –while it’s sounds like it’d work well– makes you look like all you care about is the money. Also, that $100 per month is most likely where it’ll stay. Hardly anyone will visit those 30 sites again because they’ll see that it is disposable and made just to make money. Even if those 30 sites all we’re honest and made well, who in their right mind would attempt to manage THIRTY sites?
While I’m not all for putting all my eggs in one basket, sticking with that singular site will pay off in the end, assuming it’s good enough. Good things come to those who wait, as they say. I respect those who actually have a real interest in their niche(s) and I would visit their site often and subscribe to it’s RSS feed. Like yours, for example. ;)
PS: Do you mean thirty sites for $100 per month each, right? :P
Andrew
March 22nd, 2008 at 11:03 am
6@ Maria - Yeah Maria, 30 websites could be difficult to set up, but I think once you understand what work needs to be done - it can be a quick process. Thanks for sharing your opinion ;)
@ Iacob - Thanks for sharing your experience. 10 websites can definitely be difficult to start-up and manage. Too much to do at once can keep you too busy and make it tough to stay organized ;)
@ Bryan - It’s definitely better to diversify, but 30 websites is difficult to keep track of. Thanks for sharing your comments ;)
@ Luke - Thanks for the correction. I agree, building non-spammy sites is definitely key - visitors won’t return if they get a “spammy” first impression. Thanks for sharing your opinion ;)
@ Douglas - It could definitely give a “money hungry” impression. 30 sites would be tough to manage without help! Time + good content on 1 site = success. I’m glad to have you around the community Douglas! Thanks for sharing your thoughts ;)
Luke
March 22nd, 2008 at 5:38 pm
7Non-spammy is certainly possible! Maybe a tiny site which meets that criterion, is easy to build, and makes $1/day is even possible. I am most intrigued!
Of course for my audacious little weekly goal of $10k, I would need between 1000 and 2000 web sites if they were only making $1 per day… :-P
Know The Ledge
March 22nd, 2008 at 10:51 pm
8I think it’s probably easier to “make” 100 sites that can make $30, but is it practical to maintain? Probably not. Making one very good site could be much more profitable in the long run anyway, as traffic (and subsequently income) grow exponentially.
Diversifying income streams is good, but if you’re doing all the work for 100 sites, it’s probably not realistic.
Work At Home
March 24th, 2008 at 9:50 am
9The trouble with the 1 site at $3000 per month scenario is that if it or the neche you are in goes bust - there goes your site. On the other hand with the 30 sites, it is not that difficult to build a site in a couple of hourswhich requires minimal maintenance that can make you $50 per month.
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