A Year on HubPages: My Goals Going Forward
Earn Online to Buy a Tablet!
Online Business: Active and Passive Income
I just passed my year mark on both InfoBarrel and HubPages and wanted to share some of my experiences online in the last year. I enjoy writing articles, building websites, and creating online properties from scratch -- but I am also trying to earn a nice side income from all of my hours online. I am inspired by all of those people who have found a way to really earn money online and this is my one year review WITH some goals for the next year!
I will discuss a few things that have worked for me, and some others that are still in progress -- but one thing is very clear... online business is about perseverance about all other things! The best advice I got last summer was "keep writing and don't quit! then repeat!"
WHAT AM I DOING?
As you can see from the grid below, I have created a serious online 'portfolio' of web content and properties in a year! I have articles here at HubPages, but also InfoBarrel, Squidoo, Seekyt, Wizzley. I also run almost 40 of my own web sites (both niche sites and authority sites), and then do some side work (and with my wife) have launched a Kindle Amazon eBook.
WHAT'S ACTUALLY WORKING?
I have a website about the Facebook IPO that I started in December 2011 that went 'viral' in January 2012 and late spring of this year and received about 33,000 views in less than eight months. The site made a few hundred dollars and easily covered the cost of the domain name and my entire year of hosting -- plus I learned a lot! It was well ranked, but kept getting pushed back by NEWS flow. I did receive an organic link from a Forbes blog which helped the site earn a PR2. Now that the Facebook IPO launched - poorly -- the traffic has all but dried up. Since there is a fair amount of content there -- I will leave it to catch the occasional KW traffic.
I also made money by launching a small regional site, and selling it to a new local business. The "sale" was largely the concept, the domain names (4) and very little content. With some back-end help after the transfer -- this project has earned me about $750 ($500 for the sale, the rest afterwards).
I make clicks online at my various sites, sell Amazon products [mostly through Squidoo], and have started to generate $47 "gigs" through my authority site. In a full year online, I've only made about $2650 from all sources including Adsense, Chitika, Amazon, Commission Junction, Clickbank, and others. To some this amount is good -- averages about $220 per month -- but to me it is just the beginning.
WHAT WILL I DO THIS YEAR?
Since the major problem for online business seems to be FOLLOW THROUGH -- I will largely continue to develop what I have. I don't really need to build more sites -- but rather develop the ones I have -- or sell them. I have domains I may sell as well, for others to develop. I am currently focused on my Squidoo account and a couple of the authority sites. I also believe that there are great opportunities for eBooks, and since the first one is largely my wife's project (with my help), I look forward to launching my own EBOOK to sell around the world on all sorts of devices!
I will OUTSOURCE more content (I did that a bit so far... but not enough), and I will continue to reinvest my online earnings in more online properties/projects BUT also DRIPs (dividend reinvestment plans) or monthly stock purchases! If I make a fair bit more this fall, I will buy myself a TABLET!! Eventually my goal is to earn $600 a month passively to cover our long-term investing (KELLOGG, KRAFT, WELLS FARGO, SANTANDER, IBM, GE, and CATERPILLAR). Beyond that $1000 per month would feel like a nice RAISE over my day-job salary!
SOME RESOURCES I CAN'T LIVE WITHOUT:
I think GoDaddy is the best place online to get domain names... and I've found that their customer service is top notch. I would recommend them to anyone building their own sites. They also have a Domain Club for quantity buyers. (yes, I'm in that! You pay an annual fee to get purchase and renewal discounts, and more!). Check 'em out.
If you build your own sites, you need WordPress hosting -- (not the free wordpress blog) so that you can have full control over content, design, themes, ads, and more. I have 98% of all my sites on a single account at BlueHost (aff link), whose customer service/tech reps are ROCK STARS in my boat!
Online Activities: Since July 2011
Article Sites (content totals)
Niche & Authority Sites (39)
InfoBarrel: 110 articles
Shopping Niches: 8 sites
Kindle eBook (1 title)
HubPages: 22 hubs (incl this!)
Informational Niches: 27
Authority Site Services
Squidoo: 44 lenses
Authority Sites: 4
Web Development Gigs
Seekyt: 5 articles
Wizzley: 4 pages
So best of luck with your online projects, properties, or portfolio of content. I want to scale up fast but I know that it's a marathon and not a sprint! All best!