I am constantly amazed by my hobby website, CoffeeDetective.com.
Each month it brings in an average income of about $4,000.
I spend maybe two hours a week on the site.
That’s certainly the easiest money I make each month.
It is also the most reliable money I earn.
It seems to be immune to economic downturns.
It is passive, so I can take a few weeks off from it, with no ill effects.
It continues to grow, both in the number of its pages and the income it generates.
I don’t have to sell anything, or even create anything to sell.
I don’t have to struggle to market the site. 99% of the traffic comes to me through the major search engines.
Also, it has been a great investment. I haven’t invested much money in it, but I have invested some time. It’s pretty much immune to shenanigans on Wall Street. I’ll never wake up to find that I have just lost 10% of my “investment”. And how much would I have to have invested in Wall Street to generate a passive income of $4,000 a month?
It’s an asset. I could sell it tomorrow and make a nice lump sum. I won’t, but I could.
I can learn from it, and create a second and then a third website that earns the same amount.
As I said, I can’t think of an easier or more secure way to make a significant and reliable source of income.
What’s not to like?
If you would like to do the same, or better, step one is to get a copy of my new book, New Path to Riches.
Each month it brings in an average income of about $4,000.
I spend maybe two hours a week on the site.
That’s certainly the easiest money I make each month.
It is also the most reliable money I earn.
It seems to be immune to economic downturns.
It is passive, so I can take a few weeks off from it, with no ill effects.
It continues to grow, both in the number of its pages and the income it generates.
I don’t have to sell anything, or even create anything to sell.
I don’t have to struggle to market the site. 99% of the traffic comes to me through the major search engines.
Also, it has been a great investment. I haven’t invested much money in it, but I have invested some time. It’s pretty much immune to shenanigans on Wall Street. I’ll never wake up to find that I have just lost 10% of my “investment”. And how much would I have to have invested in Wall Street to generate a passive income of $4,000 a month?
It’s an asset. I could sell it tomorrow and make a nice lump sum. I won’t, but I could.
I can learn from it, and create a second and then a third website that earns the same amount.
As I said, I can’t think of an easier or more secure way to make a significant and reliable source of income.
What’s not to like?
If you would like to do the same, or better, step one is to get a copy of my new book, New Path to Riches.
Kathleen, hi
Good question. It takes several months before you start building up enough traffic to make any significant income. Typically I am working on a site for a good three months before I can expect to make three figures in income, and a year or more before I can expect to make four figures.
That’s the thing with this model – few people have the patience for it. : )
But once you get past the twelve month milestone and good money is coming in each month, you just wonder why you didn’t start sooner.
The problem is, internet marketers have created an expectation of immediate riches. But that very, very rarely happens. It is the patient few, who are willing to put in some sweat equity upfront, who eventually win the race.
Best wishes,
Nick
Posted by: Nick | November 21, 2009 at 09:34 AM
Nick, how long was CoffeeDetective up before you started seeing a decent profit from it? Decent being several hundred or more per month. I'm curious how long would be an average time fame before I can expect my money-making websites to actually make money, assuming I follow your steps correctly.
I realize there are no promises of success. I'm just curious about the possibilities.
Posted by: Kathleen | November 14, 2009 at 12:27 AM
Aartjan, hi
Great question, and to be honest I don't know the answer. I assume the principles remain the same, but don't know anything about search engine optimization tools, for example, in languages other than English.
Maybe someone will read this and further enlighten us.
Nick
Posted by: Nick | October 27, 2009 at 09:29 AM
Great idea for a book Nick, I am looking forward to reading it.
Do you think your approach would work equally well for smaller languages? It's relatively easy to acquire enough search engine traffic and revenue when you publish in English or any other major language such as Spanish, Russian of Mandarin.
But how about writers that are forced to write in Dutch (yours truly), Czech or Sranan tongo?
Posted by: Aartjan van Erkel | October 27, 2009 at 09:12 AM