This is story about journalist Brain Gardner, who made magazine like worpdress themes and sold them. StudioPress has roughly 40.000 paid customers. This is story about how he started and grew this business working on regular day job.
Related terms: success story
If you have a wordpress blog then it is more likely you heard of themeforest, marketplace for wordpress, joomla, opencart and many other CMS themes. Envato is parent company that manages 30 web properties on separate niches. This is story of how it is started and what make them successful. As success measurement we measure income that they generate. Envato don’t disclose precise numbers, all they reveal is they are more than a million on revenue per year.
Here are notes from Envato success story.
- Marketplace business: They started as a website for selling flash compopnents called FlashDen in 2006. Then renamed website to ActiveDen due to getting warning from Adobe regarding using name Flash in domain.
This simple guide explains how a person with full time job committing one hour per day builds niche website earning 2000$ per month in passive income and sells it to advertiser for 200.000$. Patrick Meninga have done it in 4 years but could be accomplished faster if he knew what he learned during those 4 years. He started in area that he personally had experience with and his main goal was to reach 1000$ per month and quit full time job. Patrick reached that goal in 4 years and after 3 month he reached 2000$ per month milestone. His project that sold for 200.000$ is help resources to quit alcohol and other harmful addictions. Website link to his project displayed at the bottom of this post.
Patrick followed 3 simple steps to achieve this success.
- Setup wordpress site by buying domain and hosting.
- Write content every day. 90% of workload.
- Write guest post every month. 10% of work load.
Let’s break down steps of this business idea:
…continue reading: Build passive income in spare time and sell for 200.000$
Most software developers feel like they work day and night, they need some freedom to live their lives. I felt same when I was working as software developer. You get salary every month but you have to put same effort every month in order to get paid. And writing code is very intensive brain work, it is not like being and accountant and using your software periodically and increase your salary as company that you work for gets bigger. While you work hard on client projects some of them get very successful and make 1000 times more in terms of money while you don’t get any share of it after project is finished. So every software developer after a while start thinking to start their own software company or small business that can grow or keep earning steady income every month for future 20-30 years. Having a product and improving it is much easy than writing new product for every new client every month.
…continue reading: Software developer earning 200,000$ passive income
Related terms: business ideas
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Theme business for free content management systems like wordpress, joomla, drupal, magento is another profitable business idea to look at. We looked at other success stories on themeforest and woothemes, this is another succeed internet business that earns more than 2 million $ per year. As in every business there are easy and hard parts to it. Easy part is you spend your energy to build a theme and then sell it several times through subscription. Every subscribed customer can use any theme that they provide and change whenever they want to new or other theme. Difficult part is to deal with client requests and address theme related problems while explaining other related issues and custom development needs.
…continue reading: Success story: Theme business RocketTheme
Every person who sees success that internet entrepreneurs get want to replicate that business and success. It is great goal to achieve but there is tiny problem to rich that level of success you need to have huge traffic. Mostly service providers, big popular blogs, social networks targeted by this new prospect entrepreneurs. I felt same when I decided to start free blog service. Revenue model is in most cases adsense advertising. Service itself is free to users and we hope that advertising will cover server costs.
…continue reading: How to earn more money with focused traffic
What is niche site? – Niche site is a site dedicated to one topic that has around 10000 search requests monthly. Domain name for website is chosen using exact keywords without hyphen. For example if you want to create a site about “Glass table designs” you would check google keyword tool for monthly search requests (results with 50,000 to 10,000 are good), competition (middle scale) and average CPC (cost per click. 1-2 $ is good enough). Then search for that keyword and check for competition on google. If on first page you get very few niche sites two or less then it is good. Then check if domain name preferable Glasstabledesigns.com is available and create content for your niche site.
There are 2 type of business ideas around niche sites.
…continue reading: Niche site business ideas
Related terms: niche topic ideas
, website business ideas, Nichesitebusinessideas
Here is other idea of making money from blog. It is not ad driven approach as many of you may expect but product and consulting driven business model. Benefits of using this model is huge compared to ad driven revenue generation.
This are basic advantages of product and consulting driven revenue model from blogs:
- Traffic don’t have to be in millions page view, but rather 10,000 focused traffic is enough to make 100K+ per year. This makes approximately 1$ per unique visitor.
…continue reading: Best business model for blogs
Always want to build some web business but sometime don’t have good idea, idea is not generating income, project is not scalable or lost focus in the project. In my case I don’t get to the point where I can charge people for my product. In most cases it is because I never thought about it at the beginning and didn’t built projects for profit. Key to success it trying possible ideas in systematic way analyzing each stage and outcome.
…continue reading: Step by step guide to build Web Startup
…continue reading: Web fonts to beutify your design