Saturday, January 17, 2009

Make Money on the Internet by Starting Multiple Sites

By David Davis

I can think of a few reasons that you should create multiple websites if you really want to hit the ground running with your online business. After years of owning websites and teach others to make money online, I've realized most people fail because they only start one site, and it never gets off the ground.

The most important reason a beginner should start several sites is to avoid the frustration and discouragement of starting a site and seeing it fail. The fact is you're new at this and you won't get the keyword research right a lot of the time. You'll guess wrong about the income possibilities a keyword set offers you.

Owning a nice portfolio of sites removes most of the risk of putting a lot of time into your online venture, only to have that time not pay off. The best way to approach your internet income goals is to understand that you might invest a couple of hundred hours to get it going, but many of the sites will never earn much.

Starting five to ten websites at the beginning also helps you see some earnings more quickly. Think of it like casting a much wider net when you're fishing - the big net makes it more likely you'll catch at least some fish. You can worry about catching lots of fish in your net later.

My advice would be to keep a very realistic perspective for the first six to nine months you're playing this game. It's a great idea to shoot for $1 to $3 per day across ten to fifteen sites for those first few months.

The last reason you need to have a large portfolio of sites in your early days of making money online is that your portfolio will protect you against losing all your income if one of the sites happens to be beaten by a competitor or penalized by Google (yes - it can happen).

Think of it this way - if you have ten sites, each one earning $10 each per day, and one of the sites gets penalized by Google - your income only drops from $100 to $90 per day. If you have one site earning $100 per day, and that income goes away, you're out of luck. Spread your income across multiple sites so you have relatively little fluctuation in your daily and monthly earnings. - 16928

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