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$4k a month net profit
This is what I make a month in this business running a ton of sites...
good? bad? how do i get into the big time? |
cut out one of your middlemen.
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Start outsourcing some of the work so you can focus on growth.
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hmmmm Just when i thought i was gonna get some rest. Now..who to oust.?! |
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Basically , anything you pay for is a cost like hosting , content , etc.. So if your paying for content, think about cutting out the middleman and creating content. or if your paying for hosting , consider doing your own hosting etc.. |
find an area where someone is profiting from you that you can try to keep some of that profit for yourself.
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I don't agree with the cut out the middle man. It's better to outsource non-core functions as much as possible so you can focus on growing your business, as LiveDose said. Mundane tasks take up a lot of time and it's better if you don't have to deal with them. Also try to automate as much as possible via programming and systems.
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hosting needs to be done by third parties because where i'm from there are no good data centers... thanks for some ideas |
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you have to do a combination of both.. If you try to cut out certain things you cant handle you will just end up with less profits . I suppose your method is a better example of what to do to " get to the next level" and my way is more of a "way to increase profits " |
Well you can't stop advertising! Just make sure that the advertising ROI is worth your money!
Stop advertising with the ones who don't really make you that much and only invest in the ones with the top ROI. The hosting bill cannot be stopped. Quality hosting is worth every dime. Just make sure no one is linken hotten :upsidedow |
Almost $50k a year, not bad at all :)
Better than working for the man ;) DH |
Automate as much as possible. The less manual work you have to do on existing sites, the more effort you can put into new projects.
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You are where I was a year ago... Now I make $200K a year...
You will figure a lot of shit out this year and be thinking, "FUCK, I was such a newb..." But at 4K a month you are not a newb, you are someone who is "getting it"... Once you hit about 100K you can consider yourself, "Having made it"... Especially if you are at 8K per month within the next 6 months... How to do it? Rinse and repeat everything you have done up until now... Only this time automate more, out-source some things like programming that might keep you from releasing another kickass site for a month while you train yourself... Look into cheaper hosting with more features but don't go dirt cheap and search their name here before buying so you can weigh in the good, the bad and the ugly first. Search here for threads started by me... Not posts (replies), new threads... Also 2hp (2houseplague) and then search for threads started by people who posted good/helpful/profitable info in those threads... In about 4 hours of reading between the lines at GFY I think you can add a minimum of $650 a month to your pocketbook... Doing so would have you at 8K or so in that 6 months... Then, rinse and repeat :) |
BTW... The amount you make will never be enough... Not enough for you or for others to be impressed with you... Why? Because that keeps you growing...
If I make only $450 on a certain day I get angry... Only 2 years ago I would have been happy to make $70 per day on a regular basis... |
4k is a lot
just make sure like the others said to keep grip on the costs and roi, make spreadsheets see what money is goin where, make a scheme how much you wanna save, so you can buy bulk and get discounts, talk to your host what 6 months prepay does on the price etc good job :thumbsup |
You can also diversify into mainstream
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There isn't one. This may work when you try to save pennies, the downside of it is that you'll never reach the next level. |
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If anyone needs a kickass server admin, this guy is your man! See his sig for details... |
V_rocks: Thank you so much for those kind words in the epic thread, MUCH appreciated :thumbsup
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They got me so emotioned that I accidentaly run rm -fr / on one server. Ups might've been one of yours. |
darksoul, can you install squirrelmail stuff?
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just wondering if u can give me a couple tips on SEO pages. thanks dude. 197-739-375 |
Good advice from V_Rocks :thumbsup
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How much work do your sites need?
If it's a lot of work... find a way to script or automate functions. "Work smarter" If it's not much work... create more sites and make more $$$ |
bump for an interesting business thread
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While I don't agree with the person who said create your own content cause that costs more than anything and would end up putting you in the hole more, there are many ways. Some as people have suggested are looking at different hosting, etc.
But you said advertising, just make sure you are making your ROI on advertising, if not try some place else to gain exposure. |
outsource, invest, automate. there's no reason you cant double that.
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:1orglaugh |
Just try to atumatize your work and invest,was always return to me ;)
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Bulletproof servers, proxies, Robomail, Adult lists and an offshore bank account are all keys to the bigtime.
I'm kidding. No, really. I am. |
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