New Amazon FBA Strategy – Staying consistent with using my team, skills and resources with websites I have that are ranking I will be building an Amazon FBA business on the back of a couple of my sites. I talk more about the strategy here. Although I can’t call this a success yet I am happy that I am attacking this business with an advantage (sales from a couple of my sites).
Six Figure Challenge Site Starting to Make Money – Although this has been slower and less than I would like my income for the site is starting to pick up.
Improved Systems for Services Business – This is a never ending battle and one I know will never be over but on all fronts September saw upgrades to my procedures…
contently.com being used for improved content quality
Added additional management position which increased rate of site completion
Work Ethic – This was never usually a problem but I had a couple months where I was not throwing myself at the business the way I should (partly due to very demanding day job hours). But I am happy to report that for the second month in a row my total hrs of TV watched would be close to zero and the habit of working hard every night has been firmly reformed.
Cost Control – Although I don’t reveal my revenue and costs on this post I will say that my costs in September were the highest I have ever had! This is partially expected because the majority of my costs are variable and revenue is hitting new highs. However, all the cost increase is not efficient. I need to dig in and ensure no waste is creeping into my systems.
Email Opt Ins – Both on this site and others I am way under-optimized for email capture and this is hurting my business. This is not a failure just in September but worth mentioning as a key failure because it went another month un-addressed.
Part 1 – Passive Authority & Niche Website Income Profit/Loss
5 Goals in 2015 for my Website Portfolio Business
Build Six Figure Website
SEP UPDATE – I was expecting a dip in Sep for seasonal reasons but the traffic trend continued to rise! Right now I am keeping the content machine working with 2 great writers and so far that plus my 301 Building Block strategy seems to be enough to keep the website growing!
Traffic = 28,976
Income = $453
2. Continue Building Smaller Profitable “Niche” Sites
SEP UPDATE – Not currently being worked
3. Systematize Top 20 Sites in Portfolio
SEP UPDATE – Progress!! Finally… I am getting both some content and link building moving again on my top sites. The systems around this activity are not enough for it to sustain without my direct involvement.
4. Buy 2 Sites Per Month
SEP UPDATE: 3 Websites purchased in September! 1 was a very weak site <$20/month with another in the $250/month range and finally one that I hope will push $750/month.
GOAL = 18 sites purchased by Aug 2015
ACTUAL = 22 sites (+3 in Sep)
If any readers are looking to sell their profitable site(s) VERY QUICKLY let me know by emailing me. I can let you know in 12hrs if I am interested and complete the purchase in 24-48hrs – Contact Me Here
I have found the right sellers are those…
Looking to sell FAST (under 24hrs has been accomplished!) (shorter time for due diligence on my end increases risk for me)
Not wanting to spend a lot of time on the sales process (analytics and income proof is all I need)
Sites are medium-questionable quality (questionable SEO, non-native English articles are OK)
High quality sites making over $500/month often make sense to sell via other channels (EmpireFlippers is a great marketplace)
Understand that the benefits of the bullet points above means the sales multiple will be lower