How to grow your business when you start making really good money?

Discussion in 'General Business' started by JasMate, Jul 23, 2006.

  1. #1
    I was thinking about what I will do when I make a large amount of money from my websites, say over $100,000 per year. Will I keep building more websites and generate more income for myself and my family or will I go into the stock market or maybe invest in some real estate buying and selling homes.

    For me it all comes down to what will work the fastest. At the moment I can't buy and sell homes becuase I don't have that kind of money but I could invest in the stock exchange and trade shares. The reason I don't trade shares is becuase I don't know enough about the stock market and feel it would be more of a gamble then a real viable option.

    So at the moment I am just building and marketing websites untill I make it big time ;)

    I would like to hear what others have to say about this? I know you are all mostly Internet Marketers but have you even thought about what you will do if you do make it into big money?? Please share your thoughts as I think it is important to ponder these things. We will not always be poor and many of use (if not already) will make good money from the Internet, but do we keep going or move on to other ventures? What will make more money the fastest possible way?
     
    JasMate, Jul 23, 2006 IP
  2. JasMate

    JasMate Active Member

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    #2
    Its been a few days with no replies, does anyone want to share their thoughts on this?
     
    JasMate, Jul 27, 2006 IP
  3. yfs1

    yfs1 User Title Not Found

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    #3

    Its not about the fastest but about the most consistent. My original site still makes me 95% of my money and has grown every month since I started it (In my 5th year now). It isn't a directory, or an article site, an MFA or a myspace clone. All of those are fads and although they can give you a whole lot of quick revenue, its really hard to make them grow consistently.

    If you really want to make consistent bucks, you need to develop a site that is unique or fits a niche and can be marketed outside of the SEO/Webmaster world.
     
    yfs1, Jul 27, 2006 IP
  4. daworm

    daworm Peon

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    #4
    Building more and more websites with less value certainly is not the fastest way to earn.
     
    daworm, Jul 27, 2006 IP
  5. kayanush

    kayanush Guest

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    #5
    well start selling once you make them big.. thats the best thing!
     
    kayanush, Jul 28, 2006 IP