Update for September – A New Way of Making Money, $50 Authority Starter Sites, and The Mike From Maine Show is born!
I’m writing this revenue report as a way to let people know what’s really feasible when making money online. Anyone who says it’s easy is either a liar or really lucky. It can get “easier” over time, but it takes a lot of hard work and money spent. At the same time I include both income and expenses so that you can see what the real profits amount to in total.
I apologize for putting this out quite late this month, but if any of you have been paying attention to my website lately you’ll notice that the last month and a half have been quite busy. I’ve been producing a new show episode every day since the end of September, so it’s been a bit hectic on my end learning the ropes.
Enough with the excuses…here are the numbers:
Bing Advertising: $51.13
7Search Advertising: $25
Social Adr: $94
Ezarticle link subscription: $29
Whoosh (CLOSED) rank tracking subscription: $99
EZarticle spin credits: $240
Odesk writing, research, and outsourcing: $517.28
Go Daddy domains and Host Gator hosting: $921.15
website creation outsourcing: $40
Warrior Forum Ads: $20
Lead Player (CLOSED): $147
Total expenses: $2,071.66
Text link ads: $67.82
Street Smart Selling (CLOSED): $8.65 from Interview with Jerry Roberts
Article Marketing Robot: $44.36
WP Goldmine (CLOSED): $9.95
Ezarticle link: $238
CTR Theme: $60.98
Website sales: $3,501.17
Whoosh Traffic (CLOSED): $18
Total Revenue: $4,675.06
Total Profit: $2,603.40
I’m very pleased with my profit for this month considering that my Adsense was super low with all the sites I’ve sold off and the fact that the Google EMD update hit at the end of the month. Most of my income came through selling a lot of my cheaper sites in the $50 range to an audience looking to build smaller sites into authority sites.
A new way of making money?
I’ve really been getting into CPA ads and PPC advertising lately. I’ve started seeing some results, but I’m still spending more than I’m making. Stay tuned to see some results in October or November. If you’re interested in learning more check out Jonathan Smith’s interview about making money with CPA.
$50 Authority Starter Sites
For those of you who watch the show you should know about my Authority Starter Sites for sale. I’ve decided to sell my portfolio of over 600 websites as a way to fund my new Internet marketing ventures. I’ve offered them at super-cheap prices and I’ve gotten a great initial response.
A new direction for MikeFromMaine.com
September will be my last month of building niche websites on a mass scale for a while now. I’ve decided to mostly focus on learning new ways of making money online, thus the impetus for starting The Mike From Maine Show in late September. Even before the latest Google update hit I felt the need to start diversifying my income, and I’m really glad I did. It just goes to show you that the rug can be pulled out from under you at any time…and it’s happened to me before.
What is The Mike From Maine Show?
My plan for the future is to keep bringing on great guests and earn money with the occasional affiliate sale that I include in the video and in the show notes. I’m also hoping to get some sponsors in the future so that I can keep providing quality shows, but at the same time I need to earn some money to keep food on the table. I figure that if I stick with my main goal of providing quality content for my readers that the money will eventually come in. If any of your are interested in sponsoring my show please let me know 🙂
That’s all for now…I’ll be putting out another income report for October in the next couple weeks so I don’t want to give EVERYTHING away now. Thank you all for your support, and don’t forget to follow me on Facebook, Twitter, and sign up for updates every time there’s a new show!