New Revenue Stream.
The only good book every written by Robert Allen is Multiple Streams of Internet Income. The rest are all bogus.
I’ve been trying to set up my own different revenue streams. My job, my real estate, my oil investments[potential], my private investment fund in oil and gas[again potential] and my minority stake in an internet telephony company[miniscule so far] have all been attempts to diversify my income and make it recession proof. I was laid off for 4 months after 9/11 and it sucked! If I had some money coming in from other sources life would’ve been so much better.
I just started another revenue source. Blog content creation. I’m creating content for a marketing company’s real estate blog and I’m outsourcing the content to some terrific writers in India. Now if I could only find some decent way to monetize this blog!!!!
I’m also trying my hand at outsourcing web-application projects too. I already have a few leads lined up. Lets see how this works out.
If you found this post helpful, consider donating to my coffee fund!- How Passive Is Your Passive Income? I've been lumping in my online income with my passive income, but it isn't really passive. It may not be very strenuous and it gives me geographic flexibility and I don't have to show up for work every day, but there is some effort involved. Unfortunately I'm not as clever......
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Passive Income For October 2008: A New Record! I've been busy with Business School and it's been an insanely hectic month. Forget about writing posts, I haven't even had much time to sleep! I just ran the totals for passive income for October and I found out I've broken my previous record for monthly passive income that I......
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July 14th, 2006 at 4:52 am
My friend, I recommend caution in monetizing this blog.
I’ve found that most monetized blogs spend more time creating content (not all of it interesting) to keep their income flow up.
Instead consider the value you get participating in the pf community with helpful comments, etc…
Just my quick thoughts.
Regards,
makingourway
eg Some blogs have more adsense ads than text
eg some blogs have regular news feeds that are already read by their readers
etc….
July 18th, 2006 at 11:55 pm
too late!
I’m already monetizing it through the Text Link Ads under Sponsored Ads.