Webby
Tue 18 Dec 2007
So December has hit me quite hard in the income stakes, although things have picked up a little. The days of $10,000 a month seem a long time ago!
My traffic to sites have been steady but a number of affiliate schemes that I promote have moved the goalposts and slashed commissions. I have come to rely on these schemes recently and now paying a little for not diversifying more.
In the early days all my sites were travel focused but about a year ago I decided to move into other areas which was a smart thing looking back. My problem is that I have not further diversified.
So I urge people to take diversification seriously if they want to maintain a web income. Things change fast and the best protection is to spread the risk.
December 19th, 2007 at 3:37 pm
I think this is something that everyone knows is important but until a big shock comes like what has happened to you it might not hit home. I’m slowly trying to diversify but things are going well at the moment so am not working as quickly as I should on this. But if Google happens to drop some of my sites then you can bet I’ll get moving!
December 24th, 2007 at 11:59 pm
You know Webby and Kirsty,
This is kind of the age old question. Should I spend 100 hours on one site or 1 hour on 100 sites?
It seems like you’ll get where you want faster if you have 1 site with lots of time spent on it, but once you want to keep what you have, it needs to be diversified in case something changes.
Is that how it seems to you?
Build up one or two good ones first, let them get big, then spend the time diversifying? As opposed to starting off diversifying?
Kind of like people who are already rich diversify their money like crazy because they’re trying to keep it and don’t want to lose, but people who are trying to be rich will put most of their money on one or two things to become rich because they’re not worried about losing.
Thoughts?