Is this a viable strategy?

1. Throw out long term plans
2. Try to fail really big with first project (education > $)
3. re-evaluate plan and try again
4. ???
5. Profit

And in this case, ??? is actually just a loop back to #3.

Long term planning sucks and is terrible for your wallet and confidence. Having the skill set to adjust to different problems, and opportunities, you'll encounter is worth 100x more than sticking to plans. It's the knowledge that will make you fat and happy, not the actual site network you're dreaming of.
 


erect said:
1. Throw out long term plans
2. Try to fail really big with first project (education > $)
3. re-evaluate plan and try again
4. ???
5. Profit

And in this case, ??? is actually just a loop back to #3.

Long term planning sucks and is terrible for your wallet and confidence, having the skill set to adjust to different problems, and opportunities, you'll encounter is worth 100x more than sticking to plans.
Click to expand...

Hi. I think I should at least have an idea of where I am going. I get what you mean though.. flexability flexability flexability. I want to have a general idea of the path I am travelling down but I agree that calibration and being responsive to what happens is a great skill to have.

Thanks for taking the time to respond.
 
fad3r said:
Thanks for taking the time to respond.
Click to expand...

It's a pleasure

While I hear what you're saying (you don't want to walk into business unprepared), the truth is your plans will fail. They always do. I've been doing this for over a decade and mine do every day.

To illustrate what I'm saying: your plans might call for exact match domains to nail specific terms ... once you get your site up, curve balls come. It's a non-buying phrase or google was just bullshitting you over the volume. Suppose you get 10x the long tail traffic and only have build a 4 page site.

Your entire plan just changed, whereas if you had a goal of building a site and learning, you would have put something together with the expectation of being reactive for educational purposes. Analytical stats come in and you see what game you're really playing then make a short term plan from there. Re-evaluate and re-plan.

By making your plans educational, as opposed to structural, you'll hit your 1-2 year learning curve in 3 months.

Again, I feel ya ... that's how I started. It's just that long term planning sounds prudent but gives you false security. Because in the end, there's a good chance your plans will change to this

clyde said:
Make 10 sites that do $10/day each instead.
Click to expand...
 
erect said:
It's a pleasure

While I hear what you're saying (you don't want to walk into business unprepared), the truth is your plans will fail. They always do. I've been doing this for over a decade and mine do every day.

To illustrate what I'm saying: your plans might call for exact match domains to nail specific terms ... once you get your site up, curve balls come. It's a non-buying phrase or google was just bullshitting you over the volume. Suppose you get 10x the long tail traffic and only have build a 4 page site.

Your entire plan just changed, whereas if you had a goal of building a site and learning, you would have put something together with the expectation of being reactive and learning. Analytical stats come in and you see what game you're really playing then make a short term plan from there. Re-evaluate and re-plan.

By making your plans educational, as opposed to structural, you'll hit your 1-2 year learning curve in 3 months.

Again, I feel ya ... that's how I started. It's just that long term planning sounds prudent but gives you false security.
Click to expand...


You're right. Based on what you said it should really look like this:
01) Plan for failure (or not really a failure if success is definied as a learning experience and something that will help me grow with this skillset)
02) Figure out untapped Niche
03) Do market research to find keywords I could compete on
04) Create blog, content, etc
05) Do Seo
06) Get affliate offers
07) Make adjustments based on what is happening in regards to 2 - 6
08) Rinse, wash, repeat, and loop back to #1 or make changes on any step of 2 - 5

It is almost like when I was learning pickup. I studied many different systems, took what worked, threw away the rest, and then made constant calibration changes in my game based on what I was getting from girls.

This will be almost the exact same thing but instead of girls I will be responding to what the market throws at me. Pickup is all about making mistakes and fixing them on the fly. This sounds very similar

To go more macro my end goal is to try to set up many affliate sites which are targeting untapped niches and make money off affliate offers.

You are 100% right. Thanks again for explaining that. I was kinda of worried that people here would be all about flaming n00bs but minus that one retard everyone has been super friendly.
 
fad3r said:
01) Plan for failure (or not really a failure if success is definied as a learning experience and something that will help me grow with this skillset)
02) Figure out untapped Niche
03) Do market research to find keywords I could compete on
04) Create blog, content, etc
05) Do Seo
06) Get affliate offers
07) Make adjustments based on what is happening in regards to 2 - 6
08) Rinse, wash, repeat, and loop back to #1 or make changes on any step of 2 - 5
Click to expand...

edit: I misread the above before edit

I have no problem with that, however analytics is VERY important and not mentioned, getclicky.com rocks.

and repeat those steps 2-3 times per site for your first couple. After that, you WILL be able to make somewhat intelligent plans for a bigger network.

fad3r said:
This will be almost the exact same thing but instead of girls I will be responding to what the market throws at me.
Click to expand...

Very good analogy ...and if you understand the psychology behind PUA stuff, you'll have no problem finding your groove in online marketing.

Side Note: PUA is a big niche in itself, some good advice might be for you to get some very specific phrases for "fringe niches" inside the main PUA niche (think lesbian wingwomen or something that's not commonly talked about) then write an ebook sharing your knowledge. Use paypal at first and sell the ebook direct ... you'll make 100% of the profit (minus paypal fees) and you won't have a 2 month delay in getting paid. Split testing pricing is also VERY powerful and something you can't do with a network since they set the prices. This ebook might have it's best value at $1.79 and $47 .... but if the network is only allowing it to be sold @ $5 you'll never know where the sweet spot is.

fad3r said:
Thanks again for explaining that. I was kinda of worried that people here would be all about flaming n00bs but minus that one retard everyone has been super friendly.
Click to expand...

Please don't think all parts of the forum are as friendly. You posted in the correct forum with an intelligent question. As a rule, we're all assholes, but that would be tiring to do all day every day.

Also, there are rules like no dickrolling in the noob section so you're pretty safe here from the swinging meat.
 
erect said:
edit: I misread the above before edit

I have no problem with that, however analytics is VERY important and not mentioned, getclicky.com rocks.

and repeat those steps 2-3 times per site for your first couple



Very good analogy ...and if you understand the psychology behind PUA stuff, you'll have no problem finding your groove in online marketing.

Side Note: PUA is a big niche in itself, some good advice might be for you to get some very specific phrases for "fringe niches" inside the main PUA niche (think lesbian wingwomen or something that's not commonly talked about) then write an ebook sharing your knowledge. Use paypal at first and sell the ebook direct ... you'll make 100% of the profit (minus paypal fees) and you won't have a 2 month delay in getting paid.



Please don't think all parts of the forum are as friendly. You posted in the correct forum with an intelligent question. As a rule, we're all assholes, but that would be tiring to do all day every day.

Also, there are rules like no dickrolling in the noob section so you're pretty safe here from the swinging meat.
Click to expand...


I will def add analyitcis and check out that site. I am ok with the PUA stuff so I think it will be fine.

I will just lurk on other forums till I get act together & keep safe haven in here lmao.

Thanks again bro!
 
Added this late about the paypal ebook thing and it's pretty important.

Split testing pricing is also VERY powerful and something you can't do with a network since they set the prices. This ebook might have it's best value at $1.79 and $47 .... but if the network is only allowing it to be sold @ $5 you'll never know where the sweet spot is.
Click to expand...
 
erect said:
Added this late about the paypal ebook thing and it's pretty important.
Click to expand...


I never thought about that. That's a really good point. I am teaching myself pieces of clickbank (the only affliate network I know of that is repurtable besdies google's). There seem to be stats on Clickbank that are helpful (gravity for example but I do not know enough about it to teach intelligently). As far as places like amazon or ebay I am staying away from them for now
 
You sound like a fairly disciplined individual. If you actually throw yourself into a niche your passionate about I could see you making much more than just a few dollars a day. Since you’ve got a solid day job, go ahead & experiment w/ways to really create & grow a good site. Once you’ve got that then you can go ahead & branch out, adding new sites.

I’d take each of your steps though & take this time to dig even deeper & really educate yourself. i.e. learn as much as you can about SEO, research your competition & what works for them, & think about multiple monetization methods besides just affiliate offers so you can really see what fits w/your niche site.
 
thewinslow said:
You sound like a fairly disciplined individual. If you actually throw yourself into a niche your passionate about I could see you making much more than just a few dollars a day. Since you’ve got a solid day job, go ahead & experiment w/ways to really create & grow a good site. Once you’ve got that then you can go ahead & branch out, adding new sites.

I’d take each of your steps though & take this time to dig even deeper & really educate yourself. i.e. learn as much as you can about SEO, research your competition & what works for them, & think about multiple monetization methods besides just affiliate offers so you can really see what fits w/your niche site.
Click to expand...

Hey thanks. The problem with the niches I am passionate about are they are difficult to compete in (computer security, doing e-commerce is out as I researched that... I could try product creation I suppose. Pickup I am not allowed to compete in that space for legal reasons I can't get into). Those are 2 spaces I have made in money professionally so those are the first two that come to mind.

Right now I am studying anything and everything I can get my hands on (which is why i asked about reputable products earlier, I downloaded a ton but the signal to noise is skwed). I have a pretty good grasp on SEO (not good or even close to automated enough to offer packages like google sniper, or dfb), but theoretically I understand what both are doing. I also see how the backlinking works and having worked in tech for a while I am very pro automation. I like how this space even uses computer security terms (black, grey and white hat). Once I have a faily good grasp and have gone from start to finish with my first couple of niches (including, wordpress, article creation, manual submissions, and finding affliate programs). I will probably implement what appears to be considered "greyhat" (automation, gaming the system, etc). I will probably never implement things that are "blackhat" (cookie attacks and various other hacks).

One aspect of this game that I am not interested in is coding. I can do ok with perl but I am not interested in teaching myself php or sql. I have never been interested in development. Perl i taught myself simply to script repetetive tasks.

I plan on moving from NYC to Colombia in 25 months and hopefully doing a 4 hour work week style retirement (not sure if you guys are familar with the book by Tim Ferris). I was kind of hoping that I could get up mutiple passive income streams through AM and move away from the infosec space.

You mention other moneiztation methods. Here are the ones I am aware of am I missing anything (I am sure I am)
01) E-Commerce
02) Affliate Marketing (no ppc)
03) Product creation
04) Affliate Marketing (ppc)
05) Adsense
06) Site that has monthly subscription
07) Etc?

If there are any articles on this site or products you could suggest I would be more then happy to look at them.

Right now I am hoping just to go through the process a few times to get my feet wet and kind of adjust as I go along. I will be finishing my market research next week and be purchasing hosting, domains and uploading wordpress blogs for my first 2 niches by next Thursday. After that I will work on finding affliate products, get back links blah blah blah. Maybe I will find something else to do but in the meantime I hope to keep adding niches. It seems finding niches & keywords are the only createive part. The rest just seems very process based.

Thanks again for the response
 
To summarize erect's post: be progress (learning) oriented, not result oriented. Kinda like "it's the journey, not the destiny" kind of thing.
 
You must log in or register to reply here.
Top Bottom