Multiple Income Streams
by Vic on March 16, 2008
As you folks know I have said this over and over again. In order to safe guard your livelihood on the net you need to make sure you have multiple income streams. After Justin made the comment about the loss of one of his sites and his suggestion to make a vlog about this same subject I decided to do so.
In this Vlog I discuss what multiple income streams I use and the reasons behind it.
Tools and Resources Mentioned On This Vlog:
BANS
Bookmarking Demon
Domains Into Dollars
BloggerGenerator
Keyword Elite
SEO Elite
Squidoo Queen
The Multiple Income Streams theory has been applied for years in traditional ways. Many real world investment strategies are totally built around Multiple Income Streams so why not apply the same to your online business.
Internet marketing, also referred to as online marketing or Emarketing, is the marketing of products or services over the Internet this is all part of Multiple Income Streams. The Internet has brought many unique benefits to marketing including low costs in distributing information and media to a global audience. The interactive nature of Internet marketing, both in terms of instant response and in eliciting response, are unique qualities of the medium.
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Tagged as:
Adsense,
adsense niches,
bans,
bloggging,
business,
links,
make money online,
making money with adsense,
Monetization,
Seo
{ 31 comments… read them below or add one }
I too love Squidoo. I learned most of my stuff from Tiffinay Dows Book. I read a lot of stuff also from Squidoo Queen. I have better luck getting ranked from Squidoo than from any other source. I do not have much luck pushing affiliate products however. Once in a while I might get a Clickbank sale. Just like my Blogger Unleashed Review lens. It was easy to get to first page for and drive some traffic to your page but all I ever make off most of my lenses is from Adsense which isn't much as you may know.
I see you have BloggerGenerator listed under your tools. I have this also but I have never relly had any success in using it. Like BMD I probably am using this all wrong also. Do you use BloggerGenerator for backlinks? Or redirects?
Squidoo has treated me great and I love the fact that is free. I use BloggerGenerator in combination with BMD for Squidoo but let's do this I will make a Vlog about this tomorrow so you better understand how I do it.
Vic, you are priceless. At the end of your video I was cracking up. When you talk about Caroline Middlebrook and Bryan Clark it is the most hilarious thing ever. Thank-you for your candor and sincerity. I can't wait for your next video.
Also I have a question about setting up multiple niche sites. I have shared hosting with Dreamhost. But I beleive if I have too many domains off of the one ip address there is some kind of penalty.
Should I purchase a couple of other inexpensive shared hosting plans and split things up? I know this has been talked about before, but I'm a little unclear on the topic.
Thanks, Emma
I get livid when I talk about this supposed money making sites it just burns me up then I looked at the video and laugh also LMAO.
You have some really good questions I promise I will make a Vlog tomorrow to cover hosting and cross linking.
Vic , maybe I need another video on time management, I m down to 4 hours of sleep a night, my lated project for you and yours http://link-page.info/
Awsome I need to make a page on Directories that permit anchored links I ll surely add your to the top.
Better yet add your sites my friend and Happy Birthday,
Don
Ohh Hell Yeah!!!! Shit free link and anchored are you kidding
Tomorrow my daily directory submission will be to yours 
Happy Belated B-Day Vic!
Funny you mentioned the Google/Standard Oil/Microsoft thing. Some investors are getting scared about the possible Microsoft/Yahoo merger. Given that both companies rather clueless about search and contextual advertising, I think the investors' worries are overblown. I'm still concerned about Google having government problems at some point though.
Good video. You wouldn't happen to be a Napoleon Hill fan too, would you?
Thanks Frank. I hoped it would bring a smile in your face.
Are you kidding? Think and Grow Rich! is a classic!
I though he was on every bodies reading list.
Happy belated birthday Vic! I have some friends now asking me how I do it and I point them to the 3 musketeers' sites but then find out that none of them ever make the effort to do so. Oh well.
Thank You YC! You will notice that is how most people are they say they want to know how to do it and then when you really tell them, they never do shit!
Success is a road most people want but usually they are not willing to take the journey to find.
Excuse me Vic but am I on your banned list in Skpe ? Havent seen you thee in ages
LMAO Never buddy!! Just have had to really be discipline and layoff Skype to focus on my network, plus there is a small trick to talk to me, I will email you
why can't i see the video? It says account has been suspended. Please contact billing and support…everyone else is able to see the vids. WTF?
Chris what link are you getting the Suspended Page?
Thanks Vic, Good stuff. Now everyone knows how I didn't pay attention.
. I hope this helps people to diversify to other things they may have not been working as much. I can't stress that importance enough.
MAKE SALES MAKING MONEY – No worries, you are not on Vics banned list. Vic has been crazy busy lately, and if it makes you feel any better, I haven't talked to him much, but its only cause hes trying to catch up with everything.
Buddy you know my thoughts on that the fact is know body ever listens LMAO.
But the important thing is not that you had a small hiccup but the fact that you brushed off and came back stronger then ever.
We all have set backs what will determine who succeeds and who does not is the ones that get up and goes for it again.
Happy belated birthday Vic!
I like the way you are "forcing" people to really think about multiple income streams. It's like any investment: don't put your eggs in the same basket.
And the old saying is still true: It takes money to make money. Real or virtual.
I'm working on my latest project that I consider a vertical business to 1 Cool File. That's not counting my other niche sites. The funny thing is that I thought of the project while writing my first small ebook. And yes, it has a small traffic section but I recommend them to read your blog(Court's too).
Question: You don't like Entrecard, yet it's on BZ. Is it an experiment?
Vic is right about having those streams of income. I got burned with eBay sales a couple of years ago because of some policy changes that killed profits for low priced items.
On Entrecard, it's essentially a social blogging widget. It's good for building Alexa numbers to some extent and getting a few marginal links from other users and that's about it. Like other social widgets, it doesn't create monetizible traffic. Plus, due to the high bounce rate, it can get Adsense "smart priced" unless you have organic traffic to offset it or don't show EntreCard visitors Adsense.
I try to make it a habit to utilize 4 different streams for each blog/website I have. It's not only good to ensure future revenue but the variety keeps your pages fresh rather than readers seeing the same stuff day after day.
Vic, you said something about Google Adsense requiring a disclosure or disclaimer…
What's up with that? Is there a link or anything else you can provide about it?
Also, Happy belated B-day, mine was the 8th, but I'm a couple of years behind ya!
Elliot you should have already seen it it is actually when you logged in the past month there was a message that the TOS was updated and you had to agree to it.
Here is a link to the important things and also she has a sample to the Privacy
http://www.jensense.com/2008/02/26/tracked-with-w…
vic, I got the video to work now. Strange, but I have to hit "F11" to get it to show at all. But I finally watched all of your vids last night and they are awesome!!
By the way vic, you look exactly how I thought you would.
But seriously man, there's nothing quite like your blog on the whole net and I think what you are doing is really great!
Hey Chris cool you got it to work it is like you said that is so weird that you have to hit on F11 is that on every post? Really weird.
LOL Vic, that was entertaining and worth every dollar I spent so far in my business.
Good on you for going against the stream of CM lovers and stating things as they are.
You know, you could charge admission fees for these videos and I'd still be here.
Happy birthday my friend, even though it is late.
Thank you Monika and I am so happy that you find the info a good resource I really look forward to hearing that you are killing it. You are such a hard worker that you truly deserve success.
eBay has decided to go solo away from CJ. What brilliant timing Vic, never knew you could read the future as well.
Ain't that a FUCKING BITCH LMAO!!!
yeah tell me about it looks like next month is link migration time lol!
Vic,
I guess thanks for the honorable mention.:o) However, I have to defend looking at my stats. Can I get you to agree that you know what works and what doesn't? I agree looking at stats does not make me money. However, It tells me what terms are being used to find my site. Where they are coming from? Is the methods I am using to get back links working?
I can't afford the tools you have in your arsenal SEO E, BMD, Keyword E. I do agree as soon as I begin to make money thats where my money will be reinvested.
They say the sign of someone insane is doing something wrong over and over and expecting different results. I have yet the opportunity to know I did something wrong, other than I picked the wrong niche on my first attempt. So, I no way to gauge if I have done enough for a niche and when should I move onto another one.
Again, I know stats does not make me money. However, it does provide the data that tells me what's working and what is not? Do you agree? A measurable success in creating niche sites =money, if I don't have that then I am not successful in SEO. However,looking at stats provides a semblance of hope that the flood gates are about to open and to continue plugging along and building backlinks.
I've got thick skin.. Let me hear it :0)
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