If you’ve been following me for a while, you know that I’m a big fan of residual income — instruments that you can produce once (like a blog) but continue to profit from with little to no extra effort. It’s for this reason that I made this awesome game plan at the beginning of the year — to create smaller blogs around niche products outside of the IM niche using Work From No Home to not only generate  passive but quick cash.  Unfortunately, life got in the way.

At the start of the year, I started to all of this medical issues, including a week-long stay in the hospital, that have pretty much been on-going.  However, I am  slowly but surely recuperating (still have appts. and stuff to go to).  With that said, there’s no better motivation to get oneself back into gear than than a pile of forthcoming medical bills (some of which have already arrived).  I’ve not only gotta start updating this blog again (have a plan for some product reviews) but have to start putting up some micro-niche sites as well.

With all of this stuff going on, I’ve tried to look on the positive side of things.  While I’ve been neglecting things for a while (still have been getting smaller-than-normal payments due to the recurring nature of blogs), I’ve still got time to make up for all of the slacking off.  In addition to the reviews I have planned for this blog, I’ve found a product to create a smaller niche site around (won’t tell you the product but will say that it’s selling, pays out well but hasn’t yet peaked). While there is some competition, there’s not so much that I don’t think I can’t profit from it — especially if it really begins to take off.

I plan to purchase the product tomorrow and to have laid the foundation for the blog and to have the main review page up (most important part as it’s where the commissions will come from) within the next two days or so.  Once I get the main page done, I’m going to start tracking stuff (to see how long it takes to make the first commission from the site and stuff like that — fun for me).  I’ll have to make approx. 3 sales to cover the costs of the product and the domain name (not including up-sells).  The final step will pretty much be to crank out some articles and do traffic stuff to beef up the site.

It will be interesting to see how this all plays out.  Due to how the product is performing and the niche the product is in, I’m really hoping that it will be a “winner.”  Since it’s still early in the year, it could bring me in a lot of money — fingers crossed!

Yours in online success…

Filed under: Internet Marketing Basics

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