Business, Small Business - Saturday, May 10, 2008 17:33 - 0 Comments

Create An Income From Low Cost Sites

Working a full-time Job and trying to make money online can be difficult. Lack of time and family responsibilities can make finding enough time to create sites almost impossible. It doesn’t help when many e-books tell you to do thinks like write 5 articles a day for distribution. Outsourcing the work is not usually an option as you will be spending a lot of money even before you start to make an income.

At the Income academy membership site we have had numerous people join who have spent a lot of money on e-books and programs but have no income to show for it. This is usually due to a number of things. either they haven’t had the time or the programs have been developed for users with more expertise.

I’ve seen people just starting out spend $1500 on a site and expect the money to pour in. Time to wake up and smell the coffee, unless you are very lucky you will need to work on site promotion which takes time.

In one of the forums i visit recently one of the members was telling everyone how he planned to start off by building 30 sites then leaving them for a few weeks and then seeing which ones were making money. He failed to grasp the fact that having bought 30 domains he would need to make over $300 before he broke even. Despite my best efforts he maintained that he had more chance of making money with 30 sites as he did by concentrating on one or 2 sites. He completely failed to take into account that he would need to promote all 30 sites and that would take 30 times more work that on 1 sites.

You need to look for something that’s quick to set up, requires very little maintenance and  is easy to promote. Once these initial sites are making you money then you can re-invest some of the profit into outsourcing and take on much bigger projects. It’s also preferable to make mistakes on small projects.

Before I moved onto my current projects I chose to build a number of Adsense sites. These took up very little time once they were built and I was able to promote them and update them on a regular basis. As soon as I was getting a good Income from them I was able to move on to other projects. I knew that whatever happened I had the income from the Adsense sites to fall back on.

If you are just starting out it makes a lot of sense to use some of the many free resources available to you. Google Alerts will give you daily updates on your niches which you can turn into content for your sites in a few moments. I used Wordpress which is available for free and a freely available datafeed to create a site that has pulled in over $300 so far. The total cost of the build was $8 which was what the domain cost me and I created it in about 15 minutes. You don’t need to spend $100’s to make money.

There are many free resources available. a quick search around the internet and a few forums will throw up a whole host of them.

This is just one very simple method of creating low maintenance income there are many more available to you. You don’t need to spend money to get started.

SOURCE: Business Magazine