$183 profit this week
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- On Monday i sold imagehostme.com for $100.
- On Wednesday i sold ajaximagehost.com for $8. (that’s digitalpoint for you - the poor man’s sitepoint.)
- Today, i’ve sold sawurl.com for $140.
In total, almost $250 taken in. It’s not all profit though… i paid $67 for a combination of the domain names, sitepoint listing fees and scripts used to power some of the sites.
Still, it’s equal to $183 pure profit. It took me 550 minutes to complete all those sites, or just over 9 hours. So technically i was earning over $20/hour
I’ll settle for that - considering minimum wage is $13.53
$183 is equal to €115 at present. If i can earn that every week, it’ll allow me to experiment further and start up some new sites… there’s no reason why i CAN’T earn that every week. It all depends on how hungry i am for it and whether or not i have the time for it. Once i get back to college, i’ll not have much time for anything other than this blog and BeerChief.
This week i’ve also designed a few logos and even got socialWTF up and running (just put it live yesterday, even thought it’s no 100% complete). The likes of my 21 cool webmaster resources blog post takes up a huge amount of time researching and drafting up… i even optimized all the images for an anticipated digg effect - it didn’t come
Then of course i’m constantly talking with people about BeerChief… expect to hear more on BeerChief next week, but the reason you *will* hear more next week is because i’ve spent this week talking with people about getting it ready for v2.
Flipping sites rapidly is an excellent way to generate some cash, but i don’t want to fall in to the trap of doing nothing but that - otherwise i’ve got no long term stability online. You NEED the longer term projects to mix it up a bit and give you a sense of security. That’s my own opinion. Having said that it’s extremely difficult to remain upbeat when you’re not making anything at all from your sites. So these quick flips are perhaps a nice balancing act to keep you working and upbeat, plus keeping you tech skills sharp.
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3 Comments
raul
July 19th, 2008
at 9:29pm
I follow your blog daily so…I have to leave a comment ..:)..
For sawurl you you could use the free script from zeak.net which is free ( instead of buying one from , I think scripteen or something like this…) , making the profit bigger for last week.
Good luck and may the money roll in your account from internet entrepreneurship…
R.
smemon
July 20th, 2008
at 9:39pm
thanks Raul, yeah i could have used a free script or a cheaper one, but i liked the look of the scripteen one.
As much as i love making money, i also like to produce decent sites and i think sawurl is a nice simple site, thanks mainly to the script
improve on last week | Irish Internet Entrepreneur - Smemon
July 20th, 2008
at 10:27pm
[...] $181 profit this week [...]