I'm proudly presenting my new blog, The Happy Bootstrapper.
Grow Your SaaS Customer Profitability will be my first 30x500-style product. I'm pretty excited about it, but there's a lot to do before it's out.
I'll be using Happy Bootstrapper to publish nice educational material that runs traffic to the Grow Your SaaS Customer Profitability pitch page. When the book is finally ready, I'll transform the pitch page into a full-fledged sales page.
How will this affect Passive Income Stream Creator?
From now on The Happy Bootstrapper will take priority to this blog. The Happy Bootstrapper is all about finances and profitability of a SaaS & online product business. Stuff that you need when your business is up and running and you have customers.
However, I'm not closing down Passive Income Stream Creator. I'll keep on writing every now and then, just as I have previously. I'll keep my reviews and how-to articles here. They are more suitable for beginner passive income learners and would not fit in the Happy Bootstrapper theme.
I'm probably going to manage the new project separately so you won't be seeing it in the status reports. I'm not planning to stop being transparent, but there's nothing but costs at the moment. As I want this project to pay back both 30x500 and my new MacBook Air, the costs are running over $4,000 already. I'll publish my stats when there's something on the plus side too!
In the meantime, check out The Happy Bootstrapper!
Sunday, April 14, 2013
Wednesday, April 3, 2013
March 2013 - 99 Dollars
Passive Income In March 2013: $99
Costs: $30
Nothing much to tell this month. SBI is starting to bring money home. I'm happy with that, taking into account I abandoned working on that site about 5 months ago.
Now, I've been preparing my new site, ready to take action based on what I learned in 30x500. It will probably be out in April, depending on my travels. And it definitely needs its own blog post.
Costs: $30
Nothing much to tell this month. SBI is starting to bring money home. I'm happy with that, taking into account I abandoned working on that site about 5 months ago.
Now, I've been preparing my new site, ready to take action based on what I learned in 30x500. It will probably be out in April, depending on my travels. And it definitely needs its own blog post.
Saturday, March 2, 2013
Feb 2013 - I've Got Money And I've Got Business Ideas
Passive Income In February 2013: $45
Costs: $30
Another great month is behind. My course investments are starting to pay off.
Both SBI! and 30x500 have been winner's choices for me. If you don't know these courses, there's more info in my Resources Page.
Most of the money in February came from my SBI! site. The one I've neglected since 30x500 started.
The SBI! does say that it takes about half a year to make any money with it. Even though I've completed only 8/10 of this course, it has still kept its promises.
My site has only 16 articles and I've done no link-building for a long time.
For some reason unknown to me, I jumped up in Google ranks 2 weeks ago. I now have 1500 unique visitors per month and several of my long tail keywords rank in the first page.
The best thing is that these new visitors don't bother mailing me before they buy. So I'm concentrating on 30x500 and just watching the money flow in.
Admittedly, this stream is small and it's potential is not very big. But I'm proud of every penny I make online and SBI! was a good learning experience that prepared me for 30x500.
Business ideas are flowing in, thanks to 30x500 process. During the last couple of weeks, I've had several good business ideas. The best thing about these ideas is that there is a high probability people want these products and they are willing to pay for them.
I have not yet selected the final business idea, but I've selected my audience and my business "theme":
I'm going to help bootstrapped micro-businesses with their financial and accounting problems.
I had "forgotten" that I have BBA and several years of experience in small biz accounting. Truth to be told, I didn't think those skills would be of much use - except for taking care of my own finances. Fortunately, 30x500 dig them up and pointed out that small businesses often need help in that area.
I have to refresh my old skills so I'll not be able to start by creating a SaaS as a hoped. But I'll be happy to start by creating info-products for this awesome audience. That will also show me what the demand for extra services really is.
I'm looking forward to what happens in next month. I hope you had a good biz month too!
Costs: $30
Another great month is behind. My course investments are starting to pay off.
Both SBI! and 30x500 have been winner's choices for me. If you don't know these courses, there's more info in my Resources Page.
Site-Build-It!
Most of the money in February came from my SBI! site. The one I've neglected since 30x500 started.
The SBI! does say that it takes about half a year to make any money with it. Even though I've completed only 8/10 of this course, it has still kept its promises.
My site has only 16 articles and I've done no link-building for a long time.
For some reason unknown to me, I jumped up in Google ranks 2 weeks ago. I now have 1500 unique visitors per month and several of my long tail keywords rank in the first page.
The best thing is that these new visitors don't bother mailing me before they buy. So I'm concentrating on 30x500 and just watching the money flow in.
Admittedly, this stream is small and it's potential is not very big. But I'm proud of every penny I make online and SBI! was a good learning experience that prepared me for 30x500.
30x500
Business ideas are flowing in, thanks to 30x500 process. During the last couple of weeks, I've had several good business ideas. The best thing about these ideas is that there is a high probability people want these products and they are willing to pay for them.
I have not yet selected the final business idea, but I've selected my audience and my business "theme":
I'm going to help bootstrapped micro-businesses with their financial and accounting problems.
I had "forgotten" that I have BBA and several years of experience in small biz accounting. Truth to be told, I didn't think those skills would be of much use - except for taking care of my own finances. Fortunately, 30x500 dig them up and pointed out that small businesses often need help in that area.
I have to refresh my old skills so I'll not be able to start by creating a SaaS as a hoped. But I'll be happy to start by creating info-products for this awesome audience. That will also show me what the demand for extra services really is.
I'm looking forward to what happens in next month. I hope you had a good biz month too!
Friday, February 1, 2013
Jan 2013 - My First Positive Month!
Passive Income In January 2013: $30.60
Costs: $30
Time to celebrate again! SBI is finally paying for itself.
To tell the truth, AdFly and Adsense helped a little, but most of the money came from SBI. If you don't know what SBI (SiteBuildIt) is, take a look at my Resources page.
I'm laughing at the 60 cents I earned, but at the same time I'm pretty proud of it.
The best thing about this SBI income is that it shows me a hint of the site's potential. I've got just a fraction of the possible traffic, but it is enough to see that my conversion rate is better than I hoped for.
The only monetization option I'm using is affiliate marketing. I still haven't studied the days 8-10 of SBI so I don't have, for example, mailing lists in my use yet. I see potential in this site if I can get back my motivation to work on it again. The site would definitely benefit from getting more back-links, a mailing list and a couple of more articles.
I also really enjoy the fact that I've just let it be for couple of months already and it's still doing just fine and getting more traffic every month.
I have been pondering if I want to move my SBI! site to external hosting. If I would move my site away from SBI!, I could save on the hosting costs. But I have finally decided against it.
Last month I learned about the real expenses for making business online. That made me realise I'm still a cheapskate, trying to save in a wrong place. I understand the concept of needing to spend money to earn money, it's just hard to actually implement it.
If I think only about the hosting, yes, I could pinch some pennies. But hosting (with unlimited traffic!) is not the only thing SBI offers. I get free mailing lists, pretty nice statistics, forum etc. The value I get is well over $30, even if the tools are a bit outdated and clumsy. Plus, I'd need to waste time to actually move the site.
So, I got reasonable and decided to keep my SBI! site where it is. I rather try to inspire myself to work for it again to get couple of more sales in per month in order to make it continue to pay for itself.
Costs: $30
Time to celebrate again! SBI is finally paying for itself.
To tell the truth, AdFly and Adsense helped a little, but most of the money came from SBI. If you don't know what SBI (SiteBuildIt) is, take a look at my Resources page.
I'm laughing at the 60 cents I earned, but at the same time I'm pretty proud of it.
The best thing about this SBI income is that it shows me a hint of the site's potential. I've got just a fraction of the possible traffic, but it is enough to see that my conversion rate is better than I hoped for.
The only monetization option I'm using is affiliate marketing. I still haven't studied the days 8-10 of SBI so I don't have, for example, mailing lists in my use yet. I see potential in this site if I can get back my motivation to work on it again. The site would definitely benefit from getting more back-links, a mailing list and a couple of more articles.
I also really enjoy the fact that I've just let it be for couple of months already and it's still doing just fine and getting more traffic every month.
To Move Or Not To Move
I have been pondering if I want to move my SBI! site to external hosting. If I would move my site away from SBI!, I could save on the hosting costs. But I have finally decided against it.
Last month I learned about the real expenses for making business online. That made me realise I'm still a cheapskate, trying to save in a wrong place. I understand the concept of needing to spend money to earn money, it's just hard to actually implement it.
If I think only about the hosting, yes, I could pinch some pennies. But hosting (with unlimited traffic!) is not the only thing SBI offers. I get free mailing lists, pretty nice statistics, forum etc. The value I get is well over $30, even if the tools are a bit outdated and clumsy. Plus, I'd need to waste time to actually move the site.
So, I got reasonable and decided to keep my SBI! site where it is. I rather try to inspire myself to work for it again to get couple of more sales in per month in order to make it continue to pay for itself.
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