My Mini Empire – Still a Long Way To Go
The latter part of this week has been so busy, so I have been unable post a video for a couple of days but I wanted to sketch out my thoughts about how I make money online.
Everyone wants to know how to make money online. They want to find out the easiest and quickest way to earn a buck. Well I have been trying this online game for a few years and I am definitely stuck in newbie land. I have learned lots but I have never been able to reach the results of a multiple figure income.
Ever since I started blogging, I never really had any proper direction or focus. I knew that I wanted to make money online but I wasn’t sure how. I tried lots of different things. Some worked and some didn’t. I found that I didn’t have the necessary skills required in order to move to the next level. I also found that I didn’t enjoy pursuing stuff that didn’t interest me.
I did a quick check to see where and how I earned money online for the month of October 2012. This is how it breaks down:
- Amazon Sales (affiliate links on websites, Squidoo, Hubpages) = $200
- Amazon Book Sales = $60
- Google Adsense = $36
So the total comes in at around $296
This is a far cry from when I had multiple niche websites and high ranking Hubpages that earned almost $1,000 per month. Then Google moved the goal posts so I had to rethink my strategy.
I got rid of all the niche sites that had tanked. The hubpages are still there and earn a little bit of pocket change each month. That’s the same for the Adsense earnings. I have my PLR site but I haven’t added any new content for a while and I haven’t felt motivated to work on this site.
I am happy to say that it was a pleasant surprise to see the figure for my short stories. Making money with Kindle books has been fun. I enjoyed writing these little bookettes and it is lovely to see that the odd sale here and there can add up to $60.
The reason for this post is because I need to make some concrete decisions about how I am going to increase my online earnings. I want to ensure that I do stuff that I enjoy and provide things that people are willing to pay for.
I know that I want to do the following:
- Continue creating Squidoo lenses – easy to do
- Continue to write short stories for Kindle – fun little money makers
I would like to add a few other options to my portfolio so that I can increase the potential for online earnings.
I have been giving some thought to guest blogging. I follow a couple of bloggers who are doing very well in this arena. I am not sure how easy or hard it is to get these type of paying gigs though.
Info Product Creation?
I know that creating an info product can be a really good money maker. Except I am stuck for ideas. What do I know that would be of value to others? What could I put together that people would be happy to pay for?
I know that I still haven’t found my niche yet and because of this, it is difficult to work out what direction or path I should follow and what type of people I should be trying to connect with. I think that once you can identify your purpose, this will lead to great ideas.
I will continue to ponder on the possibilities and we shall see where my thoughts take me.
Have Your Say: Have you identified your niche? Was it easy or did it take a while for you to figure out your purpose. I would love to know what you think.