Quote:
Originally Posted by incredibleworkethic
Question:
I have several different types of sites. Some do really well, some WILL PROBABLY do well, but aren't yet.
The question is how do you keep motivated on projects that don't produce returns? Work 80/20? 80 on the one that does, 20 on the one that doesn't?
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Quote:
Originally Posted by The Porn Nerd
I don't know if you were asking the OP or just in a general way so I will offer my opinion. Basically if a site is doing consistent daily sales I throw all my resources at it. If it's doing good but not great I scale back a bit but still promote it steady. If a site is doing jack squat I don't waste my time with it.
But with new sites you can pretty much tell within a reasonable time period how well it will do, like in a few weeks. Whether it can scale or not is another question. Sites often "find their level". I always give a new site six months at least before I judge how hard to promote it.
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I would agree with Porn Nerd. Let the money talk!
I spend the vast majority of my time on the projects/sponsors that are proven moneymakers. Try to expand into other niches, apply the same code to other sponsors to see if you can discover new moneymakers with the least amount of effort.
The underlying principle is that once you find something that works you really have to milk it as much as possible.
and at the same time don't put all your eggs in one basket... we've all had sponsors take massive dives for unexplained reasons...
Some projects could be classified more as "R&D" Research & Development because it's good to always be testing new things once in a while to keep learning. Some of my projects are more pet projects because I love the content but I dont get any significant sales from it.
So yes 80/20 rule is a good concept to follow. 80% of your time on proven moneymakers with a mind to working/building/growing as efficiently as possible -- automate automate automate...