That’s right folks! This is the first official income report of the WSOtesters. If you haven’t read anything from us yet, this is a good place to start because I’m going to be summarizing everything that’s been going on. It’s only been 2 months and we’ve already been through some pretty significant ups and downs. For the most part, many of the things that we thought we’re going to be easy turned out to be a heck of a challenge. There definitely is a learning curve to building Niche sites, but as long as you stick with it then things will start to fall into place and it all gets easier.
The Niche Sites – Good or Bad?
I would have to say that we might have joined the business of making Niche Sites at one of the toughest times ever. It almost feels like everything that could go wrong did. To start off with, we initially planned on using Build My Rank (BMR) as one of our main sources of backlinks. At the time when we started, they were still getting rave reviews, and many people were hailing their links as some of the most powerful on the web. Unfortunately for us, they got smashed by Google 2 weeks into our project! Google then proceded to destroy many of the other powerful blog networks on the internet. Then, a few weeks later we found out that one of the main guys that we follow, Spencer Haws, got banned from adsense. Furthermore, Google went on to release the infamous Penguin update which took out even more Niche Site builders.
So Have We Made A Big Mistake?
Absolutely Not! Every obstacle that came our way, allowed us to challenge ourselves to grow and learn even more. When BMR got smashed by Google, we forced ourselves to go back to the basics of SEO so that we could avoid future problems. We researched and taught ourselves how to backlink with tiers of Web 2.0s, Videos, RSS feeds, etc. When Spencer got banned from Adsense, we dove into learning about how to also monetize with Amazon and other Affiliate Links. And when the Penquin update hit, we made it a priority to start learning how to build higher quality links and Authority Sites.
The internet is constantly adapting and in order to survive, we’re going to need to adapt with it. Rather than run away from challenges, we need to throw ourselves at them so that we can come out of the fire with thicker skin.
Anyway, lets get right to this…
Passive Income Earnings
Last month we were able to rank 13 sites within the top of Google for their main Keyword. Keep in mind that these sites we’re not all created at the same time and that the time in which our Adsense code was inserted varies as well. One major thing to also note is that the Top 2 Sites were among the first of the sites to be created. All of these sites are using Adsense to earn passive income and as of the end of last month, no other monetization methods were being implemented.
So here are their earnings in April:
Best Site: $75.22
2nd Best: $72.89
All Other Sites: $28.35
Total Adsense Income For April: $176.46
Potential Online Real Estate Value: $3529.20
So overall our total may not sound like all that much, but we’re definitely proud of the progress that we’ve made. We’ve learned a lot along the way and now we can start to focus on scaling our methods. With what we have so far i’m sure it will grow exponentially…actually it already has. To give you just a glimpse of our May earnings…
Our current passive earnings in the past 9 Days: $193.43
So how far do we plan to scale? At the moment it’s hard to tell. Originally when we started this gig, we were thinking we would build 50 sites per month and maybe even go up to 150+. However, at the moment this is not our priority. With the recent turnabouts from the Google Algorithm, it may be safer to focus on expanding our SEO capabilities and our ability to build Authority sites. Furthermore we want to really start making some money with amazon and other offers. So this means less money now, so that we can secure a more stable income in the future. Ultimately our goal is to continuously learn and expand!
Goals in May
- Reach $50 Per Day In Passive Income
- Start An Authority Site
- Earn Our First Dollars From Amazon
- Start On Our Own Personal Blog Network
- Sell Our First Adsense Site
So thats it! If you’re reading this blog then come and say hi to us in the section below. We love hearing from you guys and it really makes our day. We also love answering any questions you may have.
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As always, we wish you all the best!