I’ve been chatting on-line with a reader who needs to come up with 26k in 6 months guaranteed – or go get a second and third job to prepare for his pending layoff…. at the same time his mortgage is about to reset.  He’s going to be in trouble regardless unless he gets some big income.

At least he has some savings and some time.

With out giving “HIM” a specific plan I was afraid that he would jump all over the place and not meet his goal.

Now mind you – I’ve given a ton of plans here in the digest, through the nss 2 newsletter, in the codebank, etc…  But if one doesn’t jump out and grab you – well it’s very believable that jumping around from concept to concept is going to happen – especially if you have a real job, family, and other obligations.  Fear is a horrible motivator because it makes you do non-rational decisions. An example of him doing something stupid based off fear would be buying a guru guide for 2k or something right now.

He needs his savings to live off of and grow with.

Now for you PPC junkies he feels that this isn’t an option for him.  He doesn’t have the cash outlay to experiment, and he’s terrified of the scaling $ wise.  I can’t say I blame him – he’s not 20 years old in his Momma’s basement – he’s 45 years old and has a family to support.  That’s a good fear reaction

So we’ve got 6 months to work part time to turn that into at least 26k with recurring income.

TOTALLY DO-ABLE!  If he works his ass off.  (Let’s see what we can automate though to make it not so scary)

His skill set consists of nothing more than being able to use wordpress (that’s why I love this industry).  But he speaks and writes well – and he’s got his wife on board.  I actually had to talk to her on the phone because she THOUGHT he was trying to make money on-line at home with one of these scams.

So we’ve got our writers (both of them).  And we’ve got the ability to get a wordpress blog up and running.  For the purpose of this I’m going to pretend they aren’t writers – and they will have to outsource everything content related.  I’ll keep track of how long things should take, and money outlay as we do this.  My goal is to have him (or you) at a solid $50 dollars an hour with out much risk.  We’ll tackle a few other ways to increase that after the general outlay.

(warning:  This is not a step by step “teaching you how to tie your shoes” tutorial.  You may have to use google if you don’t understand what a term means.)

Here are the steps I’ve outlined:  (using NO paid tools beyond hosting and tools I’m familiar with).

1.) Get a VPS from liquid web or another reputable host.  Should be about 50 per month.  It may seem to you that spending that much on hosting is extravagant but it’s not.  A good host means more speed, faster all around work times, and of course it’s cheaper than a bunch of shared hosts.  This is the back bone of any website and you shouldn’t be a cheap skate with the hosting.  One sale a month covers it – so just deal!  You are going to need a ‘domain’ before you get hosting.  See item number 2 first.

2.) You need an account at a registrar to get domain names from.  I don’t screw around here either. I LOVE Namecheap.  Free whois protection is a money saver but it’s a stable and reliable service.  Godaddy is not my buddy.  The good thing about namecheap is it’s well known enough that offering those you sell the sites to a free domain push is a selling point.  Plus once you have 50 domains in your account you can request to have a discount on all future purchases and renewals since you are a heavy user.

3.) You are going to need to do some research. This part SUCKS.  Plain and simple I hate it, and do fly by the seat of my pants way more than I should.  However, since you are planning things out and actually have goals, and fears for you money do this step.  I wish I was a better help on the research side of things – but let me say that it’s important to make sure that you can get both content and have a way to monetize.  If you chose ‘farming for carrots’ you better be able to find some material and affiliate products to sell.  Otherwise you are wasting your time.

4.) You need a way to replicate your work, speed things up, and manage it.  If you are going to be making 10 websites to sell – I’m sure you don’t want to post the content, set up the blog, and build the links for every site manually.  I know I don’t.  As I mentioned above I’m going to teach you exactly what I use MBC for.  If you don’t have it because you aren’t in codebank or didn’t pick it up, here is the best place to get it:  WSO PAGE.  I’ll be referencing storing content, tags, and fun stuff below that relates to MBC.  However, if you don’t want to invest in MBC or Codebank –  you are going to need to address a way to speed things up.  Making 10 sites for sale is a laborious process that needs some help to be economically smart on your part.  I wish I had some other suggestions but I don’t.  I will say that using fantastico to create the blog, and being familiar with WP can have a blog set up in just a few minutes – but then you still have to deal with the content and that’s the hard part.

5.) Set up your content and blog managment system (for us it’s MBC).

6.) I’m all out of numbers – let’s get into the nitty gritty.

$$ money review at this point:
Domain name:  $9
Hosting:  $50
MBC:  ??  (most of the people reading this already have it or are in codebank -but let’s call it $50).

Total:  $109.

O.K. we’ve done some research (or just picked 10 topics out of the air).  We’ve got our hosting, and started a relationship with a registrar so we can register and keep track of our domains.  Let’s keep things simple though and create two text files. One we will label “keep”, and the other “sell”.

Grab your first ‘topic’, and grab 10 direct match domain names (like fishingforsalmon.com, or salmonfishinginalaska.com).  Pick one to keep as your own.

Time to get busy with content.  You are going to need 10 to 20 “lightly spun” articles on the topic.  Most spun content is horrid to put it nicely.  When I say lightly spun content I’m just looking for enough changes to make the title unique on each spin, and changing a few sentences out  in the body.  It doesn’t take much since we will also have other content on the pages we create.

Let’s say you can’t write.  No problem.  You can find plenty of writers willing to write lightly spun content for about 7 bucks an article.  So get 10 for now.  Once done, add that content into MBC.  Make sure you put a link or two in said content back to the site you are keeping for yourself.

Now you need to make a few different blog templates that fit the topic and get them loaded up into MBC.

Use MBC to create the cpanel accounts, install and configure wordpress, and then dump your content into all 10 blogs.

POOF DONE!

So assuming you didn’t write anything your ‘time’ is now just research, and some copying and pasting.  All of the above (minus research) can be done in less than a half hour.  If you are using MBC and you took the 5 minutes to add in rss feeds, content, ads, and affiliate items you can end up with some pretty massive sites that are all monetized.

Costs at this point:

Previous:  $109.
Domains:  $90.
Content:  $70

Total:  $269.

Now you’ve got 10 sites that you’ve made all around one topic.  One is yours – and you’ve got to make a profit on selling the other 9.

If you sell each site for just $30.  You end up with a profit of $1.  But if you sell them for $50 each it starts to get interesting.  You end up with a profit of about a $180.

Here is the best part – your average sale price is going to be from $40 to $400.  I’ve never had a ‘good’ topic where I didn’t make a profit.  Since it takes at most (even if you are slow) about 3 hours to set this up it’s pretty tough to not make $50 bucks an hour.  If you spend the time to build links to each site using tools available to you the sites become even more profitable.  If you can wait a bit before selling them they become more valuable…. I’m sure you get the drift.

If you spend 2 hours a day building, and an hour a day putting them up for sale in various places and answering questions you are spending 3 hours a day for a heck of an hourly rate.  But we aren’t done yet.  You still have income streams that we haven’t added in.

Each site you make has your affiliate links in it.  You get sales while you wait.  You can charge for hosting.  You can charge to transfer the sites.  You can charge to change affiliate links (built into mbc).  You can charge to give them more content or even offer monthly posting with their affiliate links embedded.

Here are some ways to make it faster/better/stronger/more do-able:

1.) You need automation.  That’s where a tool like magic blog creation (inside codebank) comes in.  It let’s you build those sites fast.  Plug in your content, plugin in domain names – poof!  You can do 40 sites an hour.  You could sell them for $20 bucks a piece and make $$.  Using the spintax module can make each of those blogs you are spitting out unique!  Increased value and $$ = win!

2.) You need a separate revenue stream.  Let’s do hosting….  Get WHMcomplete and set it up on your VPS.  Each time you sell a site you get a monthly income from hosting.  That’s not going to be a lot – but it depends where you are selling.  Force users to sign up for xyz hosting company and get a commission if that’s to much for you (it’s a pain in the ass to be your own host).

3.) You need your own selling portal.  Here is how I do it.  I set up a e-commerce site selling my sites.  I put up all revenue screenshots, video, etc… there. I reference that listing (with a high buy it now) in all my auctions.  It gets traffic from the auction sites and makes it’s own sales at a Buy it Now instead of an auction.  I’ve been known to just set up a blog that sells “sites for sale: Websites you can buy that sell furniture”.  Link to that instead – and put up 10 or 12 sites for sale.  Once they all sell, you can sell the blog that was selling them — Love that

4.) Turn em into networks.  Taking 10 blogs that have furniture content and each highlight a different merchant, are interlinked, and have links coming from various social networks has more value than a site that just lumps all of the crap together.  Plus it let’s you do your promotions in bulk to decrease your costs.

5.) Every little thing you do to increase the money revenue from every site increases your bottom line.  If you can eak out another 10 bucks from every site you sell and you sell 100 if them – it’s another $1k.