My everlasting quest to create some passive income online has now led me to my 4th attempt at a niche site. As promised, I will be revealing my niche, keyword(s) and domain as part of this Niche Site (the Dumb Way) Follow-Along. I have to admit right off the bat that I was a little apprehensive about sharing this particular niche. The reason being that it is the best of the ones available that I have already purchased domains for. I am a little bit worried that a more experienced and better niche site builder will read this post and “steal” my niche and build a better site that will easily outrank mine. But then again, I am not the only one who has had this idea, as I’ve found at least a few other niche sites built around the same keywords. I think I can build better sites and outrank them – but at the same time I worry that somebody else will build an even better site and outrank me. This is the risk I am taking though by making public and sharing exactly how and what I am doing to build a niche site in an attempt to create some online passive income.
passive income
Income Report – August 2012
Welcome to my 2nd ever income report here on my Dumb Passive Income blog. First off, let me admit right up front that this one is not going to wow you or impress you. In fact, I don’t really even want to publish this one because it is kind of embarrassing. But, I’ve made the decision to be committed to publishing these things each and every month. As mentioned in my first ever income report (last month) I am publishing these for a couple of reasons. Partly to keep me motivated to earn some money online so I don’t have to publish embarrassing reports. But mostly to show others exactly how this internet marketing thing works for somebody like me who does this on a very part-time basis. My early income reports will serve as proof that overnight riches are the exception, not the rule, when it comes to making money online. Eventually, they will serve as proof that a good passive income stream can be created by implementing various internet marketing or investing strategies online.
A Dumb Mistake and Starting Over
I feel like I need to apologize as I admit to you (my readers) that I have made a terrible mistake with the niche site that I chose to do as part of this Niche Site (the Dumb Way) Follow-Along. As mentioned in my Choosing a Niche… post, part of the reason that I picked the election site was that nobody would steal my idea and build a copycat site due to the fact that the site will be dead after the election. My thought was that I could get it to rank quickly and make some easy money and then move on. This was due in part to my over-confidence because of my first niche site getting to #1 so quickly and easily. Well, it’s not ranking quickly and there are only two months left until the presidential election.
Why Isn’t My Niche Site Ranking?
Just two short weeks ago (about 3 weeks after I started the site) it was already ranking as high as #25 in Google! I was stoked, thinking that I was well on my way to the first page
Income Report – July 2012
Welcome to my first ever income report here on Dumb Passive Income. I’ve been hesitant to start doing these as my online income is sporadic at best. It might be another month or two or three before I have another net positive month, but I decided to start my monthly income reports nonetheless.
There are several reasons I decided to start sharing my side hustle income on this blog:
- This is my favorite part of the month in the blogosphere. Several bloggers and other internet entrepreneurs share their monthly income and expense reports and I always seek them out and read them. People are naturally curious about how others are doing, so I figured I would join in on the fun and help satisfy the curiosity of others.
- Income reports serve as proof. This blog is ultimately about how to create passive income (the dumb way). If I share exactly how much money I am earning and spending, people who read this blog will have proof that what I am doing is or is not working.
Truly Passive Income from My Old Blog
If you’ve read the introductory post for this blog, which was written not too long ago, you know that I recently quit my old blog in order to focus on creating a passive income and blogging about it here. Much to my surprise, that blog is still creating some income! I will explain, but first let me give you a little background.
I started my RamblingFever Money blog as a result of finding the Yakezie network. Yakezie is an entire community of personal finance bloggers and they had a challenge. I was intrigued, so I started a personal finance blog and joined the challenge. People probably wonder why or how I came up with RamblingFever Money as the name of the blog. Honestly, that is the result of me being cheap and not wanting to spend
A Glimpse of Success
I started work on my very first niche site on May 30th, less than one month ago. On that day I pretty much just loaded WordPress onto the site, installed a few basic plug-ins and created one page. The next day, May 31st, I created 3 more pages for the site as well as a Disclaimer page and a Privacy Policy page. Keep in mind, when I say I created the pages that is all I did. I created them and hit Publish with NO content on any of the pages. I did this for a couple of reasons:
- I am a WordPress beginner and this was the only way I could figure out how to get tabbed page headings on my navigation bar. I now know there are other ways, but haven’t exactly figured out how yet.
- I wanted to create a “Welcome” post or “Guide” that explained what the site was about and linked to each separate page. I needed to have the pages created in order to have the permalinks to do that.
An Introduction to Dumb Passive Income
Dumb Passive Income Introductory Post
Hello! Welcome to Dumb Passive Income. This is the very first post on a brand new blog that I’ve decided to create. Allow me to introduce myself, in case you’ve not yet read my about page. My name is Matthew Allen. You can call me Matt if you’d like. I’ve been around the blogosphere for a little while now. Most recently, I’ve been blogging in the personal finance niche at RamblingFever Money. More about that in a later post. But, for those of you who may recognize my name, that is where I come from.
If you’ve read the last three posts that I wrote on my RamblingFever Money blog, you would see that I’ve recently had a bit of a revelation when it comes to creating passive income and getting rich quick. For this very reason, I’ve decided to abandon my former blog and concentrate on this one instead. Within the contents of this blog, I plan to highlight exactly what I am doing to create passive income.
