How To Make $5000 USD Per Month ?

Discussion in 'General Chat' started by scottmweaver, Jan 4, 2007.

  1. rosiee007

    rosiee007 Notable Member

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    #61
    Adsense is not just the only source of income for a website. You should expand your websites, sign up with affiliate programs and earns from them. If you have a high traffic website, you are sure to earn more $$$ from affiliate programmes than from Adsense.
     
    rosiee007, Jan 10, 2007 IP
  2. scottmweaver

    scottmweaver Peon

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    #62
    Well, I do appreciate your feedback and congratulations on the successful business, but I think there's been a miscommunication.

    I'm not doing this because I got fired or anything like that. I get job offers every day. I also have enough in savings to live for couple a years or more if I need to.

    My wife is currently working and making more than enough to support both of us during this experiment.

    The purpose of the number $5000 is arbitrary. It's a goal I set. If I could be making $2000/mo by August, I would be happy but not satisfied. The point is that I can do so online so I don't HAVE to go back to work. I know there's a way I can get to the $5000 mark, I just have to find it.

    Once I have the knowledge, I can spread it around, too. That's the beauty in what I'm trying to do. I'd like to make it easy for lots of people to stop working for other people, or at the very least, make paying the bills a lot easier.

    That's why I appreciate your input as well as all of the input the forum has given me as I believe it will help many others to achieve financial success. :)
     
    scottmweaver, Jan 10, 2007 IP
  3. scottmweaver

    scottmweaver Peon

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    #63
    Excellent input. So you're making a lot of money from affiliate sites. Well done!

    I have a friend who lives in India and I know that $1200/month is excellent income, so congratulations. :D
     
    scottmweaver, Jan 10, 2007 IP
  4. scottmweaver

    scottmweaver Peon

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    #64
    You're right, AdSense isn't the only source of income. I'm also using affiliate driven sales on one of my blogs but they're very sporadic.

    I also have an affiliate driven website that pays me about $50/mo from about 1 signup per month from webhosts.

    I also wrote an eBook I'm trying to put into circulation.

    I'm just waiting for these things to pick up some speed.

    Meanwhile, AdSense is the only constant revenue source, so I refer to that instead of the other things. :)
     
    scottmweaver, Jan 10, 2007 IP
  5. tesla

    tesla Notable Member

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    #65
    I'm sorry for the misunderstanding, I thought your bills were that high! :) It is good that you have your wife helping you out. Being able to live two years on your savings is good, and few people can do it.

    You will want to spend a great deal of time analyzing the market. As Sun Tzu said in the Art of War, "Don't Strike Unless You Know You Can Win." The Internet is a new paradigm for making money. There are so many ways to make money, I've talked to webmasters who earn income in totally different ways from myself.

    It is important to read statistical information. Find out where trends are going online, a spend time reading the many threads here at Digital Point. Avoid work at home scams and seminars. They never work. Anyone who tells you they can tell you the secret to making money online, but wants you to spend a great deal of money up front, is scammer. Never spend a penny on any business venture untill you have spent a great deal of time analyzing the market.

    To find the true secret of wealth, you will have to dig for yourself. You will have failure, and how you deal with it will play a role in your success or failure. No matter how many times you fail, never lose your enthusiasm. I'am an advent reader of books, and here are some of the best books you may want to pick up on Finance:

    1. Multiple Streams of Internet Income

    2. The Millionaire Mind

    3. The Millionaire Next Door

    3. Think and Grow Rich

    4. The Master Affiliate Course by Ken Envoy

    5. How To Win Friends and Influence People

    6. The Art of War

    7. The 48 Laws of Power

    8. The Book of Five Rings

    9. The Prince
     
    tesla, Jan 10, 2007 IP
    Futures_Equity likes this.
  6. Mr_Kumar

    Mr_Kumar Notable Member

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    #66
    Great post @tesla.
     
    Mr_Kumar, Jan 10, 2007 IP
  7. scottmweaver

    scottmweaver Peon

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    #67
    Great Sun Tzu quote. That is truly excellent advice. :)

    Don't worry, you can smell those scammers from a mile away.

    Hey, I've read a lot of these books. Good recommendations!

    I hope this helps everyone some more!
     
    scottmweaver, Jan 11, 2007 IP
  8. rosiee007

    rosiee007 Notable Member

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    #68
    Hi Scott. Just downloaded and read your ebook. Looks good and has some useful tips for readers.

    I'd suggest if you are more of a PHP experts, and are already familiar with SEO, you should write some books on SEO and PHP tips and sell them on your website.

    I do hope things speed up for you and for so many other people who are aiming to get a steady income from the internet. :)
     
    rosiee007, Jan 16, 2007 IP
  9. scottmweaver

    scottmweaver Peon

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    #69
    Thanks for the feedback. I honestly appreciate that.

    Yeah, those are some great ideas!

    Recently, someone approached me with a new way to make money. I make that sound like a scam haha.. but seriously, I made $20 yesterday and I just started. Let's hope I can double that or match that today and then grow it.

    Things are picking up!
     
    scottmweaver, Jan 16, 2007 IP
  10. webmasterlabor.com

    webmasterlabor.com Peon

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    #70
    Just keep building. Build, link, promote, viralize, and forget. Having automated tools should help as well. Finally, having a standardized quality guideline will go a long way.
     
    webmasterlabor.com, Jan 17, 2007 IP
  11. scottmweaver

    scottmweaver Peon

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    #71
    Today I made $20 again, making another sale with ClickBank and adding onto my AdSense earnings. I just need to increase both and $5000 isn't too much.

    I have a new partner and he's making ~$250/day which is about $7500/mo. It's very possible. I've already jumped up to the prospect of making $600/mo currently. I just need to 10X that. ;)

    I think I'll definitely reach $5K/mo by August, if not more.
     
    scottmweaver, Jan 17, 2007 IP
  12. scottmweaver

    scottmweaver Peon

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    #72
    That's essentially what I'm doing. I post to my blog several times per day and I'm going to make it a goal to start a new website each day for affiliate purposes. :D
     
    scottmweaver, Jan 17, 2007 IP
  13. scottmweaver

    scottmweaver Peon

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    #73
    Wait, I'm confused. How do you put money into Google AdSense ?? :)
     
    scottmweaver, Jan 17, 2007 IP
  14. scottmweaver

    scottmweaver Peon

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    #74
    Yeah, I had my limit set to $16/day but it was only going up to about $4.. so I'm going to increase my CPC. Then later, I'll increase the budget. :)
     
    scottmweaver, Jan 17, 2007 IP
  15. qwestcommunications

    qwestcommunications Notable Member

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    #75
    While you make some good points, you should realise there are a lot of individuals making more than a living off the internet. You only have to look at the adsense case studies to realise, in nearly every case, its individuals that running are those sites. Also, look at the significant number of people on DP that make well into thousands a month (there must at least be 50 or so). Sure, people need to look at diversifying from adsense, but in my opinion, adverstising on the internet has only scrtached the surface. It will grow and mushroom, at least for the next 15-20 years.
     
    qwestcommunications, Jan 17, 2007 IP
  16. FireStorM

    FireStorM Well-Known Member

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    #76
    This Looks like a bright innovative idea indeed . :rolleyes:
     
    FireStorM, Jan 17, 2007 IP
  17. scottmweaver

    scottmweaver Peon

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    #77
    Hah! It will only work twice. :)
     
    scottmweaver, Jan 21, 2007 IP
  18. scottmweaver

    scottmweaver Peon

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    #78
    Hey guys, here's an update.

    I recently upped my monthly income to around $500/mo .. so now I just need to keep increasing the multiplier. ;)

    I'll get to $5000/mo if it kills me. There's a guy I'm working with that makes ~$175/day or an average of $5250/month, so I believe it is totally doable.

    And to answer your question- no, he's not relying completely on AdSense. I believe if he did that, he would be making around $50/mo. :)

    Looks like things are picking up!
     
    scottmweaver, Jan 21, 2007 IP
  19. Wrighteq

    Wrighteq Active Member

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    #79
    Create a product or service that will improve people's lives. Thats really the key. And remember that you will probably have to spend 2-3 months just developing your product. But if you believe in yourself and work tirelessly I am sure you can get to even 10k per month.
     
    Wrighteq, Jan 21, 2007 IP
  20. Mr_Kumar

    Mr_Kumar Notable Member

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    #80
    YES YES YES. That is the key. But most of the people suffer with...what product? what service? what new idea? And this problem is existing since the stone age or even before.... but it is the idea and hardwork human has reached moon. Wish you Good Luck.
     
    Mr_Kumar, Jan 21, 2007 IP