Tuesday, April 20, 2010

Day 2

Not much to report today. Just kept following the system, which as yet is unmonetised. Tomorrow I hope to set up one or two blogs relating to products that I will promote using the system (I am doing some keyword research today so I know what I want to target). Monetisation should start in a day or two depending on how things go. A couple of full weeks should let me know if I've hit any profitable niches or not.

Monday, April 19, 2010

Day 1

Okay, I've just started trialling a method of making money online that I purchased earlier today from a WSO in the Warrior Forum. I thought I'd blog about it to keep track of what I'm doing and to determine whether or not I CAN start making $50 to $100 a day in a couple of weeks! There are other methods I want to try too, but I thought I'd play with this one for awhile. Basically it involves Yahoo Answers, but I'm not going to spell out exactly how it's done (mostly because it's based on someone else's product and I don't think it's fair to publically discuss it).

So, today I started. I got my Yahoo Answers account and started posting answers (the aim is to get to be a level 2 poster so you can at least include website links in your answers which can lead to affiliate sales). Naturally, I won't be making money yet as I've only just started implementing the method.

My goal is to focus on four niches and create an initial four blogs with information on these niches plus links to affiliate products on each. I'm going to trial a couple of clickbank products and a couple of paydotcom products (see what the conversion rates are etc.) I honestly think I prefer writing articles for MYSELF as opposed to writing for other people (as I'm not so worried about judgement) so even though I'll still be doing a lot of writing, and I won't be getting $x per article as I can when I write for someone else, at least if I can generate a fairly regular income stream it will be worth it (and I can dump my freelance writing and focus on IM to give me the money I need to pursue my goals).

OK, so I have a couple of other ideas in the pipeline, but this blog is simply here to document my success at this particular method FOR NOW. I may add other stuff to it at a later date (I will be starting up a big website soon which will be a quite different method, but I may still integrate some of the stuff I'm doing here).

Each day I will go through a rough rundown of what I've done to progress, and what sort of results I'm getting. I don't expect anything for at least a few days. I'll probably do a bit of KW research later today and research a few of my favourite niches. Obviously if I'm going to be answering questions, I want to be doing it in fields I'm interested in and know something about... and I think from today's early beginning I'm getting an idea of the fields I want to target.