You should calculate too the chance of failing. Not all your websites will make $1 per day. So I think to achieve that numbers you need to create MUCH more websites. And I don't think there's any guarantee with the $1 esp if it's made from adsense. And it's a tedious job, creating each sites and having to wait months to have $1.
If you did this per site, and out sourced articles etc, and put say $100 per site you made, you'd make more than $1 a day, and there would be more content. This would mean more hits, and more money.
when doing the math, did you count in the cost of hosting, buying domains, and the time? Just curious, and yes, it is possible.
Thanks all for your valuable responses. In my calculation I only calculated revenue, not net profit. The $1 is an average and random figure. I'm not ever going to do this (working 365 days a year? :S) but it's just a what-if experiment
wow, that's an amazing idea! The only thing is that it's not 100% guaranteed therefore it's quite risky...and who would visit the site?
how many uniques/day does it take on avg to earn $1/day? I assume this is with adsense? Scattering some affiliate links could jump that up.