Saturday, April 30, 2011

Residual Income Classes with Pat and Tyrone from Niche Site Coaching

I started a ten week niche site coaching program with Pat Flynn from Smart Passive Income and Tyrone Shum from TyroneShum.com. The first week's class was very informative about getting ideas for niche sites. In the next several weeks, I'll be setting up a new niche site and following the instructions from Pat and Tyrone. I'm sure I'm going to learn a lot about creating a successful niche. I'll also be working with 29 other students, and I'm sure we'll also be learning a lot from each other.

I'll keep updating this blog and keep letting everyone know how much progress I'm making. If you're interested in niche sites for passive income, check out Pat's Niche Site Duel Challenge. There is a lot of very useful information about how to create a professional high-ranking blog.



I started a weight loss niche site a few months ago. Then I stumbled across Pat's Niche Duel Challenge. I could see I was making a lot of mistakes setting up my site, and I needed some extra help, which is why I applied for Pat and Tyrone's class. It's going to be very interesting and I'm sure I'll be learning a lot over the next few months.

I've stopped writing for Suite for a while since the Panda update in February, which made Suite's traffic take a major dump.  As traffic dropped, so did my earnings. I haven't written any articles anywhere else except for my weight loss site. The Panda effect has made me feel really hesitant about putting anymore effort into content sites right now. I do miss the simplicity of writing for content sites, but I feel it's time to move on and focus on my own sites.

My current weight loss site is about healthful tips for weight loss supported by credible research. I have a few adsense ads on the site right now. I've created a few backlinks, but traffic is still fairly slow. I've been feeling fairly hesitant about creating too many backlinks because I don't want Google to dump my site, but I know I need to move forward and be more aggressive with backlinks.

How has the Panda update affected your residual income? Many people on the Suite forums have stated their blogs have seen an increase in traffic since Panda. Have you experienced more traffic on your blogs since the Panda update? 

Best,
CM

Saturday, April 9, 2011

Residual Income and Niche Sites

I've been working on new niche site; however, after reading and watching videos from Pat's SmartPassiveIncome blog, I can see why I'm not making a lot of progress. Granted I just started this new site less than a month ago, but I was hoping to see at least one view for the site in my Google Analytics account.

After reading Pat's Niche Site Duel Hub Challenge, I can see why my new niche site is not showing any progress. First of all, I set up my new niche WordPress site without using some very important plugins. Pat suggests the following plugins:


  • All in One SEO Pac
  • Google XML Sitemaps
  • Easy Privacy Policy
  • Google Analyticator

Another mistake I made was not doing thorough keyword research before buying my domain name. The domain name I chose for my weight loss niche site is not good for search ranking optimization. Even though I'm making changes to my weight loss niche site and still putting up content, I'm now taking Pat's advice and I purchased Market Samurai. For my next niche site, I'm using Market Samurai to make sure I choose a domain name that gets a good amount of traffic and has a reasonable level of competition.

It took me about a week to get the hang of Market Samurai. I watched the tutorial videos on Noble Samurai's site and Pat's video from his Niche Duel Challenge. Of course I wanted to pull my hair out at first, but now I finally feel comfortable using the software to find my next niche domain name. If you're interested in Market Samurai (affiliate link), you can use the product for free for a week before deciding to purchase it. Also, if you sign up for the free trial, they'll offer you a nice discount.

This week I'm going to be using Pat's advice about creating backlinks for my weight loss niche site, and I'm going to be using Market Samurai to find another niche domain name.

I'm very motivated right now to increase my residual earnings through niche sites. I work part time for a California community college, and there are going to be heavy budget cutbacks starting next semester. I have a feeling that the few hours I have right now are going to dwindle or totally disappear. The good news is that I have a lot of passion for earning passive income on the Web, so if I'm out of a job, at least I'll have a lot of time to devote to niche sites.

Best,
CM