What do the big earners do with their money?

Discussion in 'AdSense' started by qwestcommunications, Feb 22, 2007.

  1. SFOD_D223

    SFOD_D223 Peon

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    #21
    I spend all of my earnings at huge media networks like Federated Media, where the traffic is good and the quality is king.

    Just remember to bring your wallet.
     
    SFOD_D223, Feb 22, 2007 IP
  2. Cheap SEO Services

    Cheap SEO Services <------DoFollow Backlinks

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    #22
    Buy better hosting :D

    Col :)
     
    Cheap SEO Services, Feb 22, 2007 IP
  3. Swordfish

    Swordfish Active Member

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    #23
    $200 per day plus is a great income even if it is the only one.. thats about 72k per year and after taxes lets just say 50k.

    Lots can be done with that, but the wisest thing to do is reinvest much or it or atleast explore other forms of investments...

    Good luck
     
    Swordfish, Feb 22, 2007 IP
  4. nickflame

    nickflame Peon

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    #24
    I do not know, but despite the "millionaires" stories, i DO NOT think that someone can make that much per day.If you have a site that makes 200 per day
    please give me an example - (no bullshit like youtube, yahoo, etc...)
     
    nickflame, Feb 22, 2007 IP
  5. qwestcommunications

    qwestcommunications Notable Member

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    #25
    The thing about web businesses is that in most cases it takes time to flourish so it won't make much sense if you start comparing it to "real jobs" because some of the bigger earners are earning way in excess of what they would have probably earned if they did a "real" job.
     
    qwestcommunications, Feb 22, 2007 IP
  6. bacanze

    bacanze Peon

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    #26
    Markus Frind: PlentyOfFish.com - $300,000 per month

    Digg.com - $250,000 per month

    Tim Carter: AskTheBuilder.com - $30,000 per month

    etc etc etc
     
    bacanze, Feb 22, 2007 IP
  7. SFOD_D223

    SFOD_D223 Peon

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    #27
    And now you know the rest of the story...
     
    SFOD_D223, Feb 22, 2007 IP
  8. w3bmaster

    w3bmaster Notable Member

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    #28
    Lol to spend money is easy
    To make them is hard

    If i earned 200$/day yep then i will be having a really nice life at 6k/month i could just have fun all day and buy a nice house and avery nice car i'm still on that road working hard then the fun begins :)
     
    w3bmaster, Feb 22, 2007 IP
  9. Icheb

    Icheb Peon

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    #29
    Just use your brain. Say you get an eCPM of $2, then you'll need 100k page views a day. Certainly nothing impossible.
     
    Icheb, Feb 22, 2007 IP
  10. vikramgvk

    vikramgvk Peon

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    #30
    well most of those here who make more than 200$ say they pay for bills.do you mean your hosting bills?i wonder why they are so high.or do you buy traffic.
     
    vikramgvk, Feb 22, 2007 IP
  11. KingofKings

    KingofKings Banned

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    #31
    HOsting bills, Rent, electricity.. what do you think they only live online... did you forget the offline world of bills. :)
     
    KingofKings, Feb 22, 2007 IP
  12. BonusOnline

    BonusOnline Peon

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    #32
    maybe buy a new tools
    pay bill for host rent, pay for books. etc. ^_^
     
    BonusOnline, Feb 22, 2007 IP
  13. BIG Mike

    BIG Mike Peon

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    #33
    Actually, I use part of the revenue for maintenance and promotion and the rest goes into other marketing projects. The revenue from those in turn gets invested offline and for living expenses.

    It's a good life :D
     
    BIG Mike, Feb 23, 2007 IP
  14. girl

    girl Active Member

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    #34
    i guess if i were making a cartload of money i would continue expanding
     
    girl, Feb 23, 2007 IP
  15. ZeRo_CoOl

    ZeRo_CoOl Peon

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    #35
    $200 per day bundled with my current salary would allow me to get out of the huge debt that I am in. Put it down to youthful exuberance... (im ony 24 lol)
     
    ZeRo_CoOl, Feb 23, 2007 IP
  16. girl

    girl Active Member

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    #36
    the younger you start the better the advantage you have....
     
    girl, Feb 23, 2007 IP
  17. Burta

    Burta Well-Known Member

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    #37
    Well I'm earning around the $200/day mark.

    How do I spend it - well for the most part I look to spend it to further expand my portfolio.

    Or what I have been doing a lot of lately is improving the quality of my sites by contracting someone to, what I like to call, "renovate" my sites, so that they look all brand spanking new, with better SEO, better ad integration, and most important better quality features for members and more methods for me to advertise and build the site itself. So in turn they become even better revenues sources.

    I don't just look for new features either, new content is something that I'm always interested in and when you have the money to play with finding good quality content is much easier, and you often find that when you have money people will often bring the content to you. Like in about three days I'll be spending about $1500 on about 100 articles, and investment I'm quietly confident will pay itself off within a month or two!

    But I'm also planning to launch a new site very soon and I'm planning to drop quite a big advertising budget into it's launch - just so I don't have to sit there and slowly but surely wait for the site to grow in popularity over the space of 6 months. So I guess I also look to further advertise my sites as well.

    Basically more money gives you the opportunity to make things happen, and I think a big part of any successful online business is "outsourcing". I mean it is hard to continue growing your revenue by spending all your time doing the mundane tasks that really can be handled by someone else. Like I recently "hired" someone on one of my forums to take control, answer emails, send emails out, answer questions, run competitions etc - basically run my site for me so I can focus on new projects, and if the revenues from that site that is being run by someone else are significantly larger than the expenses - that is what is called a "profit" in the business world - which is then either banked or put back into developing my portfolio of sites further.

    I'm also always on the lookout for potential sites to buy, that said I'm not just looking for any old sites, I'm looking for the gems, that don't have good SEO but still are ranking in the SERPs and aren't monetized well - but have great content. So basically I look for sites with "potential". Now depending on the topic of the site I either plan to do them up then spit them out or adding them to the portfolio to essentially become "cash cows".

    Now if you are someone like me that has every intention of making this his career then buying a site for 12 months revenue makes a very good investment. One because normally I'd back myself to have the skills and resources to further optimize that site's revenue AND because I plan to be in this game for a lot longer than 12 months, are for every dollar earnt after that 12 month is really a revenue source that wasn't paid for...

    I dunno that is my two cents on what I spend the money on - other than myself!
     
    Burta, Feb 23, 2007 IP
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  18. bacanze

    bacanze Peon

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    #38
    Another great post again Burta :)
     
    bacanze, Feb 23, 2007 IP
  19. Canadianbacon

    Canadianbacon Well-Known Member

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    #39
    i use it to live
     
    Canadianbacon, Feb 23, 2007 IP
  20. TheBen

    TheBen Active Member

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    #40
    Donations?

    WWF,Greenpeace .. what ever .. something charitable ;).
     
    TheBen, Feb 23, 2007 IP