View Single Post
Old 03-08-2011, 03:33 PM  
borked
Totally Borked
 
borked's Avatar
 
Industry Role:
Join Date: Feb 2005
Posts: 6,284
Quote:
Originally Posted by Jesus H Christ View Post
WTS, 13.5 days a month is what it costs for me to pay my total overhead including taxes and the rest of the month is pure profit. My goal is to get it down to 10 days in the next 2 years as I expand if possible. Finally, this process took me 6 years to learn and refine, but I can apply, mine, and profit easily into retirement.
I only quoted a section, but everything this guy said is the truth - I spent ~18 months developing a site 5 years ago -very hard work on and off. People laughed that knew me but all agreed the idea was solid. It just took a lot of time to get off the ground. I took the hard way - all myself no investors nothing. Very very niche based because I saw the hole and what I developed filled the void. Now there are many copycat sites in my niche, but mine is the largest. 0% overhead as it's all 100% robot-driven, (takes some hours each month to keep the robot in check) and so all is 100% profit. One day, it will get bought out I'm sure due to the type of site it is (not its niche) and it will then fail, I'm sure, but I don't give a damn, because it's been a free and easy ride - just don't go for the obvious niches ;)
__________________

For coding work - hit me up on andy // borkedcoder // com
(consider figuring out the email as test #1)



All models are wrong, but some are useful. George E.P. Box. p202
borked is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote