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Buying websites online
I’ve been spending some time recently looking at the possibility of buying a couple of website businesses. Why? Well, I want to expand my portfolio but quite frankly, I am too lazy to start something from scratch! // Buying an established business means I can pick up a site which...
iPhone Apps – Developing Apps Without Programming!
// As iPhone sales (and now iPad sales) continue to grow, the demand for new iPhone apps is growing at a similar rate. Although I have been busy with my web businesses over the past few months (mainly on account of the fact that I have had nearly three years...
Writing for Info Barrel can make you money!!
// If you can write articles, this might be one of the most important things you read over the next 12 months! Info Barrel is a revenue sharing website. What this basically means is that the site acts as a location for people to publish articles in return for a...
TheUKTrader.co.uk – what’s it all about?
// Over the years, I have written and published countless articles, podcasts, ebooks and other info-products covering various topics related to Internet marketing. Indeed, I have been generating an income online since 1998 and the Internet has provided me with my sole income since 2001. Although none of my main...
A valuable lesson…
As my longer-term readers will know, I have always recommended ‘spreading the risk’ as far as online business is concerned. For example, it is far better to have ten websites producnig $1000 of income a month each than it is to have one website producing $10,000. This is common sense but sometimes it takes a real world example to make people sit up and take notice….. so here is such an example:
Last month, Google decided to drop one of my websites out of it’s index. I don’t mean it shoved it down the rankings, I mean it kicked it right out – the site in question no longer exists in Google’s eyes.
Unfortunately, the site was receiving about 1500 visitors a day from Google and was generating several thousand dollars a month in income (as it had been doing for several years). That traffic and the income disappeared over night – gone, quite possibly, forever.
Now whilst this is highly inconvenient, it isn’t the end of the world because this wasn’t the only website that I owned – far from it. But imagine for a moment if it had of been my only site and that in less than 24 hours, 80% of my income had just vanished.
Now imagine that it wasn’t my income that had disappeared but yours….
Now you can see exactly why you need to spread the risk and why one online business isn’t enough……
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