30k Bank Loan Journal: Building 1,000 MFA sites on sand.

Status
Not open for further replies.
I'll get the money in 7 days time so in the mean time I will have to research 1,000 profitable niches and find reputable writers that can write at a rate of 10 articles per day.
Click to expand...

Next time do this shit before you apply for a loan.
 
  • Like
Reactions: GeorgeB


i don't necessarily think this was a great idea.. but ignore all the haters in the thread that fall into two categories:

a) aren't making $500/day, never have.
b) might be, but don't have the balls you've got. fuck them, enjoy your balls.
 
siberia77 said:
You sir, will need to spend some of that loan on a wheelbarrow to help you carry about your giant balls.
Click to expand...

Haha.

zingo said:
150 sites at $80/day... fuck that.. your one the wrong track.. but you may be like myself I learn the hard way... I started with 5k never finished using it all before the profit started coming in...

2 30 page sites can make that much over time... good luck and have fun...

My advise is to play with some larger sites that target more traffic than niche sites, put in some good quality traffic and make the site look nice.

When you get ready to buy some niche domains that are well researched and have 10k plus traffic let me know.. got a few was trying the niche thing and it is more hype,, went back to what I KNOW works.
Click to expand...

Considering I've only spent $3k-$4k ever on this $70/day autopilot income, it's been very good investment to me. Hm.. where else could you spend $3k to create a $2k/mo passive income?

I've tried building bigger sites but that took longer and gave a much lower ROI. (bought aged PR domain, build pages, unique content, build links to inner-pages etc) but thanks for the advice.

leadsupplier said:
taking out a 30k bank loan to throw into 1000 minisites is the dumbest idea i've ever heard of. you mine as well burn the money, then go work at McDonalds to support yourself + pay back the money b/c that's where u are heading...

If you were smart, or had any business/financial sense. You would take all the money you had right now, and create as many minisites as you possibly can, maybe its 20, maybe its 300. Either way, invest what you have now to make sure your plan works. If so, take out that loan and repeat for 1000 sites.

In the meantime, do your thing, best of luck, but there will most likely be many lulz
Click to expand...

Word.

Hav3n said:
Wrong... you now owe 30k.
Click to expand...

lol.

narsticle said:
I wouldn't do this but respect that your trying it.

Keep us updated in this thread as to what your spending/making - I'm definitely interested to see how you do and wish you the best.
Click to expand...

Will do, thanks for the words of encouragement.

kingfish said:
You gonna get raped
Click to expand...

DanWesson said:
LOL @ OP....just LOL!
Click to expand...

I hope not.

farking said:
meh. I don't know if finding 1000 profitable niches, and the time and effort involved is necessary. You could test this with a lot less sites, and test the ROI and scale from there, rather than risking it all up front.

But if you have other sources of income and aren't a complete newb...it's not the biggest or dumbest risk. I've done dumber...
Click to expand...

haha, thanks. I hope I will pull this off just this once.

ThePresident said:
Next time do this shit before you apply for a loan.
Click to expand...

Point taken.

vizilla said:
Good luck Clyde.

Just a heads up though, Google is doing manual review of AdSense accounts once they reach $100/day. If they find you have a bunch of MFA accounts you're going to get booted. Read more at:

How to Make Money Online with SEO
Click to expand...

Yep, saw that awhile ago but I suspect that he added his sites to G.Webmaster and had crappy articles on his sites.

UrbanFarmer said:
Have you considered Prosperent as an alternative to AdSense?

It's based off a CPS model instead of AdSense's CPC model, so you can't get banned. Plus - it usually pays a good deal more than AdSense.

http://www.wickedfire.com/affiliate-marketing/84234-prosperent-thread.html - good thread to read

Affiliates - Prosperent - aff link

Affiliates - Prosperent - clean link

Best of luck.
Click to expand...

I have, but I'd rather stick to AdSense. It's more fun because it's like playing catch-up with G.

high risk said:
i don't necessarily think this was a great idea.. but ignore all the haters in the thread that fall into two categories:

a) aren't making $500/day, never have.
b) might be, but don't have the balls you've got. fuck them, enjoy your balls.
Click to expand...

True that. It will be a massive lawl if I fail this, though but that's life.

bauss said:
update us on your progress
Click to expand...

Sure thing.

jorarulit said:
why don't you just buy already successful mfa sites?
Click to expand...

Because MFA sites making $500/day, $15,000/month are impossible to come by and the seller would want 10x the monthly profit at least.

and god knows I don't have $150k to my name. :p
 
I don't know why you ever asked for our opinions in the first place, because you had already made up your mind.

Anyway, good luck and let us know what happens.
 
Good luck playing Minesweeper with your Adsense accounts.

The fail is strong in this one
 
Once a month is not enough... updates every two weeks?

I admit, this does seem crazy, but I hope you win.
 
Holy shit man. I wish you the best of luck you have some balls that is for sure. If I were you I would not have taken that loan for $30k, but rather $3k or something, play around with that with media buys or something. Once that works, then take out the other 90% and scale. 30k to start out with seems like wayyyyy to much to be playing around with imo.

/Good luck
 
I'm jumping on the good-luck-but-you're-a-dumb-ass band wagon. Do you know how much money you're gonna bleed servicing that debt while you ramp up? About 8 hundy a month right? That's a steep bill for adsense with new sites.

Your plan brings to mind images of this:

http://www.youtube.com/watch#!v=4df49v5hYH4

Whether you succeed or fail, keep posting, it should be interesting either way.
 
Surely it would have been wiser to re-invest for one year the 2k a month you say you make now, rather than take 30k from the bank. This way you will risk less and also create your sites gradually. Its not like you can create 1000 sites in a couple of days anyway.

Like people have already said, there are far better ways to make $500 a day than with Adsense, but you obviously don't want to listen.

Good luck to you, because you will need it, but I vote "fail".
 
OP it would be fine if you post more than monthly to this thread - especially in this section, post all you want with updates
 
Maybe I'm off-base here, but what the fuck is the bank doing giving 30k to a 23 year old without having any idea what he wants to do with it? Isn't this kind of stupidity, greed and deregulation that contributed to the recession? Am I wrong to suggest that European banks wouldn't be this irresponsible?
 
It's a personal loan. Once you have a fixed income + proven track records the banks will offer you it.

Think about all the credit cards all the banks pitch to everybody all the time?

Isn't that more irresponsible?

The point is, they want you to get in debt and it's working.

I might even max out my credit cards, the odds are better in this one than betting it all on red.
 
and your plan for domain renewals next year? you will either be making money and no problem or staring at several thousand dollars for domain renewals. if you've burned through your monies you will be forced to draw funds from elsewhere or start dropping sites which means less opportunity for earnings.

bigger is not always better. find something that works first and scale from there.
 
Status
Not open for further replies.
Top Bottom