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How to become rich even if nobody is following you on Twitter

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Re: How to become rich even if nobody is following you on Twitter

#71
post #44

Earlier quoted context omitted.

Yeah, the people who created the owl videos are providing value, youtube is providing value by making them available, the owl site is just leaching off of that to make a buck.

I really disagree. Some call it "aggregation," but I'm starting to call this layer "discovery." This very site, Hacker News, is a filter that is mere pointer to content elsewhere. (There are occasional "Ask HN," but most every post posts elsewhere). Most sites and tools I use every day are filtering tools. Techmeme is another great example. It is true that a purely automated owl video scraper wouldn't be as good and…

Yes, a large portion of the value (for me, at least) is the comments, which are generated by.... us.

That is beyond, and because of, the aggregation. What is created is new and more valuable than the original posts, or even the aggregation thereof.

Re: How to become rich even if nobody is following you on Twitter

#72
post #28

How on earth are you supposed to create and maintain 400 "projects" at once?

It all depends on what you put behind the word 'project' (and there's no judgment in my sentence). For most programmers, a project is something that has already a decent size, is complex to get out and test on the field. If you think this way, a "side-project" can only be rare. On the other hand: a friend of mine started exactly the way Max describes a long while back, and currently runs way more than 400 sites/proje…

>> "and currently runs way more than 400 sites/projects."

I'm guessing they're some sort of auto generated content sites ranking and making money off ads?

Re: How to become rich even if nobody is following you on Twitter

#73
post #42

Earlier quoted context omitted.

If you want to make $1 a day, go search for a keyword. Like Owls. Then find a bunch of videos of owls in YouTube, put them on the site and call the site OwlVideo.com. In a week you will be making $1 a day. Or if you prefer to program for the desktop - go wrap ffmpeg and make an AVI to MP4 converter. Def make $30 in sales in a month. Or if you prefer to program for the web, make something that parses Apples XML of new…

So these might be great ways to make a little bit of money, but they don't really create value (except for the theme). Creating a successful startup should be more about creating value then making money, if you create value the money will come. When you think about success do you define it as money or building something people use and love (and also makes you money). If you want to make a cheap buck there are plenty…

Agreed - these ideas are not a startup - they don't create real value as a company. However the idea of making passive income is very attractive to many programmers, and creates an opportunity to have time to work on something big.

Re: How to become rich even if nobody is following you on Twitter

#74
post #28

How on earth are you supposed to create and maintain 400 "projects" at once?

Maintaining 400 projects is impractical, but it is possible to create 400 micro-businesses that don't need to be taken care of.

For example, you can create a website, write 10 high-value blog articles and make a landing page for a product you want to sell that is related to the articles. (This costs Of course, you will get nowhere near the revenue you can get if you put in the hours to actually build the business. But if the purpose of the site is to maintain a certain level of income (like a lifestyle business) and grow no more, then this is definitely feasible.

Jeremy Schoemaker (online marketer) uses exactly this approach. 1) Find a niche, 2) create a product to help people in that niche, 3) create a system that will stay intact even if you don't touch it for a year.

Re: How to become rich even if nobody is following you on Twitter

#75
post #69

Earlier quoted context omitted.

It all depends on what you put behind the word 'project' (and there's no judgment in my sentence). For most programmers, a project is something that has already a decent size, is complex to get out and test on the field. If you think this way, a "side-project" can only be rare. On the other hand: a friend of mine started exactly the way Max describes a long while back, and currently runs way more than 400 sites/proje…

It would be really interesting if you could describe some of these projects briefly.

Those I know revolve around affiliation, alternate search engines, porn/erotic stuff, niche technological forums and such topics :)

Not by him but in the same kind of idea, here's an example:

http://fastpowertools.com/

A while back I know the owner of this site did a few hundreds $ per month. It was really an eye-opener to me :)

Of course this requires SEO skills to earn more than a few bucks, that need to be learn on the way.

I started a couple of sites like this one, and although I earned a bit of money, I wanted to try sites that are really useful to myself, which I'm focusing on now.

I think it's always good to remind myself that between what would look a half-spammy site to a regular programmer, and the typical too complex projects regular programmers would start, there's a sweet spot in the middle.

Re: How to become rich even if nobody is following you on Twitter

#77
post #70

Earlier quoted context omitted.

It all depends on what you put behind the word 'project' (and there's no judgment in my sentence). For most programmers, a project is something that has already a decent size, is complex to get out and test on the field. If you think this way, a "side-project" can only be rare. On the other hand: a friend of mine started exactly the way Max describes a long while back, and currently runs way more than 400 sites/proje…

Thibaut, are they all advertising based? The major pain point for me is payment processing.

nope: it's really a mix of affiliate/commissions, regular ads and micropayments (allopass).

Re: How to become rich even if nobody is following you on Twitter

#78
post #68
post #28

How on earth are you supposed to create and maintain 400 "projects" at once?

That's the reason this analogy never works. It's like saying "Could you run 10,000km?" ".. erm no" "ok, how about can you run 1km?" "sure!" "Great! so all you need to do, is do that 10,000 times! easy eh!?" I have trouble paying more than 1 or 2 projects real attention. And without attention, things die.

Or perhaps it's like saying,

"So you want to visit every major city in Europe. Do you have a year of free time?"

"... erm no"

"Okay, could you maybe take a vacation every other year and visit just one country in Europe?"

"Yeah, I can do that."

"Great, just fit those in when you can for the rest of your life and you'll have done it. Easy, huh?"

Re: How to become rich even if nobody is following you on Twitter

#79
Interesting, I've been doing just that for the last couple of years.

It's been a mix of partial successes and total failures, mostly failures. I didn't want to go the 'mfa' route for obvious reasons, so I try to make these sites in to something that actually is useful, and that have a sense of community about them.

Here is a breakdown of what you can make this way in a month based on adsense alone after several years of work, not something to be proud of, that's for sure.

It is very hard to make stuff that does not need maintenance.

   pfn 	        3,203 	        18 	0.56% 	€0.08 	€0.26
   leftsidebar 	68 	        1 	1.47% 	€0.00 	€0.00
   linkbar 	72 	        0 	0.00% 	€0.00 	€0.00
   ccm    	1,012 	        2 	0.20% 	€0.06 	€0.06
   dzleft 	52,480 	        34 	0.06% 	€0.03 	€1.81
   dzlink 	47,804 	        98 	0.21% 	€0.04 	€1.87
   dzmain 	46,950 	        222 	0.47% 	€0.17 	€7.93
   fls 	        90,839 	        459 	0.51% 	€0.50 	€44.98
   gms 	        4,242 	        61 	1.44% 	€0.31 	€1.31
   hst160x600 	30,360 	        54 	0.18% 	€0.20 	€6.13
   hst468x60 	29,992 	        55 	0.18% 	€0.20 	€6.00
   jks 	        359 	        10 	2.79% 	€2.06 	€0.74
   lrmsmall 	90 	        0 	0.00% 	€0.00 	€0.00
   lrmtall 	2,173,823 	2,039 	0.09% 	€0.05 	€112.76
   lrm    	5,209 	        17 	0.33% 	€0.35 	€1.81
   lrmlink 	2,204,212 	2,234 	0.10% 	€0.05 	€115.06
   lrmlinkbar 	24,719 	        109 	0.44% 	€0.15 	€3.64
   mdcl 	84 	        1 	1.19% 	€0.05 	€0.00
   pcs 	        93,418 	        225 	0.24% 	€0.21 	€19.21
   pcslinkbar 	89,701 	        1,206 	1.34% 	€0.43 	€38.88
   stroompunt 	1,039 	        17 	1.64% 	€3.60 	€3.74
   cams   	1,510,897 	5,889 	0.39% 	€0.19 	€289.18
   ztk 	        27,112 	        711 	2.62% 	€3.69 	€100.15
   ztklinkbar 	28,534 	        462 	1.62% 	€1.30 	€37.10
These figures are for the month of January.

I've removed the ones that I consider total failures from this list or it would have been three times as long.

$1 per day per site sounds like a great plan in theory, but in practice it is quite hard to do that across a broad number of sites and not get bogged down in maintenance issues.

Anything with a form will attract spammers more than it will attract users, software will over time stop working because external things it depends on will change and so on.

Passive income is nice, but it is hard to make something that is really passive.

It's not a complete failure, but it definitely wasn't the success I expected either.

This is due to a whole pile of factors, maintenance has already been mentioned, lousy ECPM is another, inability to get any traction with some projects is a third (anybody interested in a complete platform for trading second hand cars or houses ?).

Re: How to become rich even if nobody is following you on Twitter

#80
post #28

How on earth are you supposed to create and maintain 400 "projects" at once?

I think the point is that these are the types of projects that you don't support at all.

I've got a few of these on my back-burner right now... $50-$100 /month, 0 effort.

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