I just completed reading TMF on Saturday. Spent some time in the forums the last few days and joined the INSIDERS group today. I have a feeling I'm older than most in here (62). Looking to retire from my day job and want to join the fast lane for retirement. I don't hate my job, I make good money but want to get off the airplane (I travel a lot in my work).
I went online for my first venture trying to build a website in 2007 or 2008. I had three failures and on the fourth try I hit it pretty well. Within a short time, I was getting over 5000 unique visitors a day and bringing in over $5,000 a month from Adsense. However, I made several bad mistakes. I got greedy with Adsense and paid for links. I got killed with the Penguin penalty and my traffic/revenue fell 90% and has never recovered. Because I was greedy with Adsense, I didn't worry about capturing emails and making my own products to sell to my own list. I still have the website but I can't seem to get back into Google's good graces. A great illustration of why "control" is so important. If you live by Google, you can die by Google.
The site met a key need that was only being met by two other sites. Many more have jumped on board since then, but there are other needs/problems that could be addressed.
In any event, I really need to step back and reconsider which direction I want to go. Do I stay in the niche of the website or do I seek another industry to identify problems and move to solve them?
Looking forward to conversing with many of you!
I went online for my first venture trying to build a website in 2007 or 2008. I had three failures and on the fourth try I hit it pretty well. Within a short time, I was getting over 5000 unique visitors a day and bringing in over $5,000 a month from Adsense. However, I made several bad mistakes. I got greedy with Adsense and paid for links. I got killed with the Penguin penalty and my traffic/revenue fell 90% and has never recovered. Because I was greedy with Adsense, I didn't worry about capturing emails and making my own products to sell to my own list. I still have the website but I can't seem to get back into Google's good graces. A great illustration of why "control" is so important. If you live by Google, you can die by Google.
The site met a key need that was only being met by two other sites. Many more have jumped on board since then, but there are other needs/problems that could be addressed.
In any event, I really need to step back and reconsider which direction I want to go. Do I stay in the niche of the website or do I seek another industry to identify problems and move to solve them?
Looking forward to conversing with many of you!
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