0 To 50k Challenge
NEW CHALLENGE UPDATE!
In 2009 I tried to come to $50k a month creating own ebooks and selling them on Clickbank. Long story short I manged to make some money from this venture, although it’s not even close to my initial goal. I’m very glad I did it, I learned bunch a lot about information business, SEO and traffic generation. I also have now a better perspective on ways to make money online. I can make wiser & quicker decisions.
What I’m up to now
I started to read more about Adsense and how to make money from it. Before I never was interested in this revenue model… to the time I discovered a great course about making small sites and monetizing them with Adsense. After about a month of research and learning I decided to create a 1 year plan and stick to it. Of course the goal is to go from 0 to $50k a month passive income online. Why so big? Because it keeps me motivated and it’s fun. It’s fun to work on big numbers
How?
My goal is to create Adsense sites generating $1-$3/day each. $2/day is a perfect number. In order to achieve $50k I will need to do some hardcore scaling, reinvesting all my profits into new sites. Now, Adsense sites are selling extremely well and easy. You can easily get 8-12 months revenue for a 2-3 months old site. So for $2/day, that’s $60/m, $600 for sale. That’s where I came up with these numbers. I also assume that it will cost me around $100 to outsource the website (with content, link building and domain name). The plan may be changed in the future as there are many things that can come up unexpectedly.
Here is my plan
March 15th – April 15th – 10 sites – $0 (10 DONE)
April 15th – May 15th – 10 sites – $0 (10 DONE)
May 15th – June 15th – 10 sites – $0 (0 SITES DONE – DELAY – WILL OUTSOURCE PART)
June 15th – July 1th – 5 sites – $0
–
July 1st – sell 10 sites -> $6,000
July 1st-15th – find 50 niches
July 7th – sites sold – reinvest $5,000
July 15th – August 15th – 50 sites
–
August 1st – sell 10 sites -> $6,000
August 1st-15th – find 50 niches
August 7th – sites sold – reinvest $5,000
August 15th – September 15th – 50 sites
–
September 1st – sell 10 sites -> $6,000
September 1st-15th – find 50 niches
September 7th – sites sold – reinvest $5,000
September 15th – October 15th – 50 sites
–
October 1st – sell 5 sites -> $3,000
October 1st-15th – find 25 niches
October 7th – sites sold – reinvest $3,000
October 15th – November 15th – 30 sites
–
November 1st – sell 50 sites -> $50,000
November 1st-30th – find 120 niches
November 7th – sites sold – reinvest $12,000
November 15th – December 15th – 120 sites
=BUDGET $38,000
–
December 1st – sell 50 sites -> $50,000
December 1st-30th – find 60 niches
December 7th – sites sold – reinvest $6,000
December 15th – December 31th – 60 sites
=BUDGET $82,000
=TOTAL NUMBER OF SITES: 180 sites
———— 2011
January 1st – sell 50 sites -> $50,000
January 1st-30th – find 60 niches
January 7th – sites sold – reinvest $6,000
January 15th – February 15th – 60 sites
=BUDGET $126,000
=TOTAL NUMBER OF SITES: 240 sites
–
February 1st – sell 25 sites -> $25,000
February 1st-30th – find 60 niches
February 7th – sites sold – reinvest $6,000
February 15th – March 15th – 60 sites
=BUDGET $145,000
=TOTAL NUMBER OF SITES: 300 sites
–
March 1st-30th – find 60 niches
March 7th – reinvest $6,000
March 15th – April 15th – 60 sites
=BUDGET $139,000
=TOTAL NUMBER OF SITES: 360 sites
–
April 1st-30th – find 60 niches
April 7th – reinvest $6,000
April 15th – May 15th – 60 sites
=BUDGET $133,000
=TOTAL NUMBER OF SITES: 420 sites
–
May 1st-30th – find 60 niches
May 7th – reinvest $6,000
May 15th – June 15th – 60 sites
=BUDGET $127,000
=TOTAL NUMBER OF SITES: 480 sites
–
June 1st-30th – find 20 niches
June 7th – reinvest $2,000
June 15th – July 15th – 20 sites
=BUDGET $125,000
=TOTAL NUMBER OF SITES: 500 sites
july 15th 2011 summary:
sold 210 site, own 500 sites
$50,000/m





