KhalidsLife.com

How easy is it to make $1 per day? Pretty easy if you put in the effort, my friend Bob Schmuck managed to do it recently. In less than a month and with only $50, he created a site that generated a daily average of close to $1.

So my new challenge is to make $1 per day…100 times over.

Now I know you are probably thinking crappy Made-For-Adsense (MFA) sites that have no value, rubbish content and backlink spammed, but I’m not even considering this route. If you are going to do something properly, take your time and do it right first time.

I’ve already started this challenge and setup 5 sites, building a minimum of 1 per week. It is costly so I’m monitoring my investment and my return, ensuring that the sites begin to convert to profit within two months.

In addition to this challenge, I am running two larger sites in parallel, launching Students Uncovered during Fresher’s Week (September). Bar Vacancy is still doing well, that project will take time though.

With each site, I’m trying different backlink building techniques. Some using article marketing, others social bookmarking and “ye-old-faithful” directory submissions. I’ll report my findings in due course but remember, “Content is King” - always ensure your sites have quality, unique content.

Good luck with your persuits,

Khalid.

My apologies for a lack of updates recently, I’ve been working hard building new content sites. In an attempt to build solid backlinks, I have opted to spend heavily on Wordpress theme sponsorship and try my hand at submitting articles to major directories.

These methods do work as many successful website owners recommend either to build backlinks and I have some personal experience with Wordpress theme sponsorship.

The sites I am building are small content micro-sites. I own 97 domain names at present and I have decided I need to do something with them! I am really bad at buying names then never using them, so I’m actively turning this around and hopefully going to increase my earnings at the same time.

Although building micro-sites is relatively cheap, don’t think building a GOOD micro-site is! Here’s a breakdown of my costs…

• .com $10
• hosting inclusive in my VPS at ($60 per month)
• 4 unique 500 word (approx) articles $30
• 2 unique articles to submit to eZineArticles directory $15
• 1 Wordpress theme sponsorship $40
• Total: $95 (excluding hosting costs)
  

If this site was to make $1 per day, a $270 profit would be drawn from it every year. Where else in the business World can you make a 284% return without any major risks?

Althought I have 97 domains, not all of them are suitable to become a micro-site and not all will become profitable when created. Some will be used for larger sites whilst others will be deemed useless and not renewed.

Hopefully the hard work will pay off. My buddy Bob recently turned $50 into $1 per day, read about it here.

Good luck with your persuits,

Khalid.

I’ve been doing a lot of thinking lately, mostly whilst in bed and my entire flat is in a beautiful silence. I’m not turning weird I promise, but as a result of this deep though, I’ve managed to break down my $100 a day aim into different networks (by niche) and then further sub-divided this into single websites, each targetting a different keyword in the niche.

My aim is to dominate each niche I enter by targeting the top 10-20 keywords in that area. This does sound like a big task and yes it’s no walk in the park, but the benefits will far outweigh the labourious task of developing loads of sites.

The strength of having many websites in the same category ensures I have spread my risk evenly. When one network is complete, I will be adding fresh content to the main site daily and smaller sites monthly. This reduces the ongoing workload by greater than 50% whilst ensuring the network is not ignored. The time then available will then be spent on the next network.

I have it all planned out, but we know nothing ever goes to plan.

Good luck with your persuits,

Khalid.

Definition of Niche: a position particularly well suited to the person who occupies it; “he found his niche in the academic world”

In today’s World Wide Web, where each keyword becomes a market and every webmaster is a vendor, simply having one stall doesn’t cut it anymore unless you have a truly unique product to offer. According to Verisign - the digital infrastructure authority that manages Internet domain names such as .com - there were 153 million domain names registered in 2007, up 27% from the previous year.

For many of us budding entrepreneurs, creating the next FaceBook or YouTube idea is simply something we probably won’t be able to achieve, or fund for that matter. It’s not that we’re unable to think of great ideas and market them, it’s that these sites are a one-of-a-kind and generally very successful or huge failures.

You are rolling a dice hoping for that success, but for many, the odds of 1 in 6 are too slim. Entrepreneurs are risk takers, but we like to invest wisely. Dominating a niche in an attempt to become the king of one sector seems like a viable choice… and it’s working for me.

The benefits of dominating a niche include the following:

1. You’re concentrating on one sector so your knowledge of it is enhanced, thus your website’s content will be too.
2. Each site is targetting a different keyword in the same niche so you are spreading yourself well over one area.
3. You will automatically have relevant backlinks available to each other as each of your sites will be in the same niche.
4. Linking to each other helps boost your overall SERPs, as they help pull each other up the ranks.
5. Adding a new site and targetting another keyword will be easier as you already have an established network setup to help it get indexed and ranked quickly.
6. By establishing yourself and building strong foundations in one area, you are making it harder for others to compete.

I’m sure there are additional benefits to dominating a niche, but these are probably the most important. However, there can be downfalls too:

1. If the niche you are targetting already has this operation in place it’ll make it much harder to compete.
2. If the niche does’nt have many paying advertisers, having “all your eggs in one basket” will probably not convert to the profit you were hoping for.
3. The content is limited so spreading it over a huge network of sites may not be easy. For example, news about “tattoos” is rare so spreading this over 10 tattoo sites won’t be a walk in the park.

Overall I think dominating a niche, providing you have researched it well and have a viable business model, can be a success. At present I am doing this and have 3 sites in the same sector, adding a 4th by the end of today. It’s a proftable operation that is earning me money, and my aim is to have 5 sites targetting 5 different keywords and ranking in the top 5 of the SERPs (tongue twister I know)!

Good luck with your persuits,

Khalid.