If you still need to hold down a full time job while at the same time trying to build up your online portfolio you should be looking to build income from projects that take little time and maintenance. It's all very well for someone to write a book telling you to create a site then submit 5 articles a day for a month (This was really the recommendation in a report I read this week!) but it's not realistic. Yes you could outsource the work but you'd soon have spent $750-$1000 before you'd made a cent. This is now money that you have to recuperate before you are in profit.
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.
I saw a thread in a forum this week where the guy was just starting out and had a plan to spend this week building 30 sites. I tried to explain to him that he would do much better by building 1 or 2 and concentrating on those but he was adamant that by building 30 he would find a few that would be successful. Unless he finds a magic bottle with a genie it's not going to happen.
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.
When I first started out I chose to build some Adsense sites. They were quick to build and maintain and this left me time to promote them. Once the income built up to a good level I was able to move on to other projects secure in the knowledge that I had a regular income coming in from the sites I'd already built.
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.
At The Income Academy we are passionate about using low cost low maintenance methods of creating a solid online income. You can find out more by vising The Income Academy by clicking on the link below
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.
I saw a thread in a forum this week where the guy was just starting out and had a plan to spend this week building 30 sites. I tried to explain to him that he would do much better by building 1 or 2 and concentrating on those but he was adamant that by building 30 he would find a few that would be successful. Unless he finds a magic bottle with a genie it's not going to happen.
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.
When I first started out I chose to build some Adsense sites. They were quick to build and maintain and this left me time to promote them. Once the income built up to a good level I was able to move on to other projects secure in the knowledge that I had a regular income coming in from the sites I'd already built.
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.
At The Income Academy we are passionate about using low cost low maintenance methods of creating a solid online income. You can find out more by vising The Income Academy by clicking on the link below
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If You Want to Earn Money Online Then pay a visit to The Income Academy and see what we have to offer. You can also view our blog at The Income Academy Blog
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