Creating Online Passive Income: Interview With HubPages CEO
At periodic intervals, I post my passive income revenue and other articles about creating passive income. One method I’ve heard about was creating articles on HubPages.com. If you have decent writing skills but no technical expertise it offers a way for you to make some online income.
I was able to ask the CEO of HubPages.com and YieldBuild.com, Paul Edmonson some questions about his entrepreneurial experience and passive income.
How did you begin in online marketing?
I started in online marketing back in 1999 when I first started working on the search engine optimization strategy for MongoMusic. Since then I’ve started numerous sites that range from lead generation to niche content, been an SEO consultant and am now the CEO of HubPages.com and YieldBuild. Both technologies are geared toward helping publishers optimize their online ad revenues.
I have made a few hundred hubs personally, but there are over 367,000 Hubs published now and more getting added every day.
HubPages revenue is driven by the YieldBuild ad optimization service that come primarily from optimizing AdSense, and Microsoft PubCenter through our service.
I think the biggest challenge of online businesses is getting to scale. It generally takes time and several iterations to get a product or service fit to the market. Generally, you won’t know how good a business will be until the product is fit to the market. I think this process is the most difficult for every web based business I’ve bee apart of.
It starts with quality. You have to make a quality product or service. This take time and lots of hard work. And. You have to continue to improve and iterate. If you are starting out online, I’d suggest make something extraordinary well, and keep iterating until it gets fit to the market.
Personally my wife and I have Hubs and a few sites that make about $2K-$3K per month, but our YieldBuild business will gross over $3 Million this year and is growing quite quickly.
Yes, people should check out HubPages.com if they are interested in starting with earning revenue online by creating and sharing content. Make high quality Hubs and overtime, you will start to generate revenue. For people that have sites, they should take a look at YieldBuild.com and try our ad optimization services.
While he mentions that he makes $2-3k from his hubs, he didn’t tell you that he has nearly 250 hubs. This must have taken serious effort. Creating online income, passive income or any sort of income for that matter isn’t easy. Its takes time and effort. Many people give up before they even get started. If you expecting to see quick results, you will likely be disappointed.
What online revenue streams do you have? What has or hasn’t worked for you?
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June 20th, 2009 at 7:31 pm
So far I earn passive income through Xomba, Bright Hub, eHow and Associated Content. I’m up to $150 per month in just over two months. However, I haven’t put much time into it yet. I plan on doing much more in the very near future.
Thanks for this post. I don’t know much about HubPages, but I’ll check them out.
June 21st, 2009 at 9:44 am
Great post, Nirav!! I have suggested my son, Jared, contact Paul to exchange indeas and learn. We just ran into a problem with Adsense when we broke one of their rules by accident and had our account frozen and our ads taken off our website. Maybe you or Paul have had this happen and know how to get Google to release our account?
We can all learn a lot from Paul’s success.
Brian
June 23rd, 2009 at 4:30 am
Nice interview.
Question for you LOD. In the beginning of the article you mention yieldbuiler.com but that seems to go to a parked page. In the interview he mentions yieldbuild. Is his other site yieldbuild.com?
June 23rd, 2009 at 6:15 am
Associated Content, and I am about to start doing the revenue-sharing option on Demand Studios. I work full-time and go to school full-time but now that it’s the summer I expect to be able to ramp up both. I’m up to about 12 bucks a month, but really just started, because I was more focused on the flat rate compensation at first on both sites.
June 24th, 2009 at 12:27 pm
Whoa 250 hubs? I can’t imagine how much time and effort that must have took. Each hub must have at least a few articles… then 250 must have more than a thousand.
I haven’t actually created any online revenue streams. I only started one blog and it is mainly just for me to journalize my thoughts and keep me on top of my goals.
June 24th, 2009 at 12:31 pm
retireby35, I started this as a journal too, but now it pays for my living expenses while I’m in college and also makes a decent contribution to my student loans.
June 24th, 2009 at 12:33 pm
thanks Rhianni, i made the correction
June 26th, 2009 at 9:39 pm
I know a guy who made 240 hubs last month. My style is more slow and very, very deliberate. When Mark Sanford admitted his affair a couple days ago I was ranked first for “mark sanford affair” in Google. Suffice to say, I experienced a HUGE swarm of traffic.
LOD, how’d you score this interview?
June 27th, 2009 at 12:13 pm
I emailed him asking if he’d do a short interview and he agreed.
June 28th, 2009 at 2:32 am
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July 8th, 2009 at 5:19 am
@Brian ive had the same issue. Google locked my account because the broke the rules by accident. It was a long way mail correspondence until they realized it . I suggest you start mailing them