There is No Right Way
Whenever I tell people that I am making money off sites that I have created, their first response is how is it done and can they do it? While obviously anybody can do it, not everybody is willing to put in the time to see it through.
About a year ago I was telling one of my friends about The Wild Investor, and just like everybody else he wanted to have a stab at it. Since we were both huge sports’ fans, I recommended that maybe we should start a sports’ blog. I would buy the domain, create the site, and then together we would write the articles and market the site. He was on board and we set our profit distribution ratio (which you should always do before starting a partnership).
It was barely a month before his article creation diminished to nearly 0 and his marketing was nonexistent. While I can’t say I didn’t see this coming, it proved my point that there are no true step by step formulas to creating a successful online venture, rather it depends more on the person using them.
Sure, we can have our usual steps, but just like any formula there are always tweaks that need to be done. The main problem my friend was having is that he lacked the creativity it takes to make money online. Although I told him the steps that needed to be done to help market and create articles, that is all he would do. There was no “big picture” for him. It was just do this, that, and the other, and it should all work out. Whether I am marketing a financial site or a sport site, there are obviously going to be adjustments in schemes that need to be done.
Bottom Line: While you can be given the steps, tools, and knowledge, it is up to your to decide how to properly use them. I can give you 8 steps to start your online venture or 5 steps to dominate your niche, but it is up to your to figure out how to make these steps work best for your specific niche.
Tags: advice, Experience, planning