Welcome to the Online Income Lab’s December 2011 monthly income report!

Like in past income reports, in this report, I’m going to share with you the key activities that I undertook this month, what worked and what didn’t.

If this is your first time reading one of my income reports and you are wondering why I publish them, the reason is that I believe in being super transparent in my business.

I’ve never professed to be an internet marketing guru. Instead, I’m just a guy who blogs about everything he’s trying online. Sometimes I hit a home run. Some times I totally strike out. Regardless, its all here for you to see. (given my background in running an outsourcing business, one could make a case that I’m something of a guru when it comes to outsourcing)

My hope is that by sharing what I’m doing with you, I might save you from making some of the dumb mistakes that I’ve already made, as well as to inspire you to take some massive action of your own.

When you are first starting out, learning how to make money online, either from Adsense, affiliate income, or sales of your own product, can be incredibly difficult – however, if you’ve followed my blog for a while, you will see that success can be yours if you are willing to follow a plan, stay focused, and work your ass off. So, with that said, lets dive in!

Key Activities in December

Disclosure: many of the links below are affiliate links that will earn me a commission if you click them and then buy the product. If you do, I really appreciate it and am very happy to answer any questions about how to use these products.

December was yet another smoking busy month….at least up to December 23 when I took off back to Canada for a holiday with family and friends.

New Niche Sites

Guess how many I launched this month? 20? 30?

Nope…this month I didn’t launch a single site! This wasn’t what I set out to do, however I hit a few snags along the way. Thankfully, the niche sites that I launched last two months are starting to rank and earn money.

First, my VA got sick, then he got engaged (and in India, this means a week long party), then he got in a car accident, then he went on vacation, and near as I can tell, he’s not come back.

Given that I now have an entirely new team of VAs at my disposal (as do NSM members), I’m not overly worried that he’s go AWOL.

Video Tycoon Niche Site

My new video tycoon niche site made a fair amount of progress this month. The 15 articles are now live on the site and its ranked 4th in Google. The only link building I’ve done so far has been:

  • Social bookmarked all pages with SocialADR
  • 3 campaigns with UAW
  • 3 campaigns with MAN

My site is in row 4 and the URL is my-keyword-with-dashes.com. So much for not being able to rank with dashes in your keyword!


There is definitely much more work to be done, and I’d hoped that it was going to be done by now, however, between Christmas holidays and a pregnancy, my Utah-based VA just couldn’t get it all done just yet.

In January, I expect that she’ll have her work done and then I’ll finish the sales page and the Aweber autoresponders. As soon as thats done, I expect that sales of the $77 product will start coming in as the list is already growing nicely.

Even more impressive than the list growth is the optin rates of the forms. Check out the post footer’s conversion ratio. I’ve never had a form do 13.7% before! This just tells me that there is a very strong appetite in this niche for the product that I’m creating. Hopefully, I’m right :)

Niche Site Mastery’s NEW Beta VA Service

Over the last few month’s I’ve done quite a bit of one-on-one coaching with Niche Site Mastery members, and during that time, I learned that finding a good VA was something that was proving to be a challenge for many of my members; despite my providing the exact set of instructions I’d used to find mine.

It was with that thought in mind that I started to wonder about creating a complete “Done for You” VA service for NSM members. Was it going to be a good idea or a total stinker?

I wasn’t sure, so the first thing I did was put up a video explaining how I thought it would work. Much to my delight, NSM members were extremely keen and quick to give me a TON of feedback.

After taking their feedback into account and thinking through as much of the workflow as I could, I launched the program on Friday December 16th at about 3pm PST.

Now, before I share the results, I should point out the launching anything on a Friday afternoon is NOT a good idea; however, as I only wanted 20 members, I thought it would be a good time to launch.

To get into the program, a member would be paying $77/month plus $428 for 10 websites. That meant a total up front fee of $505 with the monthly fee continuing for as long as they remain a member.

Given the sheer volume of “let me in now!” comments I’d received leading up to the launch, I wasn’t very surprised when it sold out in just 90 minutes. I’m sure you’ve already done the math, but 22 signups worked out to $11,110 in just 90 minutes.

Suffice to say, it was a nice Friday afternoon :)

Since then, I’m happy to say that things have gone more or less as I’d hoped. The VA team is working their way through building 440 websites and the members, for the most part, appear to be quite happy with having all the work “done for them” while saving a lot of money in the process.

As membership included access to software that, on its own, costs $268/month, there is a pretty significant financial benefit to membership, so it is my hope that members will remain members for a longer period of time than if they were only getting access to training material.

GiftSimply

Long time readers, if they were paying close attention, might have noticed my mention of this project in the past. After close to a year of roadblocks, delays, code -re-writes, etc…my partner and I are getting fairly close to launching this groundbreaking service.

As the site is currently sitting on a development service, I am only going to show you a static screenshot of the home page, along with the first iteration of the video that is on the home page.

GiftSimply will be totally free to use and will generate affiliate revenue anytime a user purchases a product via one of the emails we send out.

Here’s how it works. You sign up and suggest your friends & family do the same.

As its totally free and makes gift giving way easier, we’re hoping word of the service will spread virally quite quickly.

Next, anytime a friend or family member has a birthday (or any special date you choose), the GiftSimply gift recommendation engine (this is the thing that was so tough to code) looks at their facebook profile and then recommends gifts to you that they will mostly likely enjoy.

You pick the gift you want to send, pay for it and checkout just as you normally would, and as it was us that sent you to Amazon, BestBuy, or wherever, we get an affiliate commission.

Here’s the thinking from a math standpoint…suppose that each user buys $200 worth of gifts a year and we get 6% of their spend as an affiliate. That means that each user is worth about $12 a year to us. The best part is that it will be totally passive income because we are not involved in the sale, customer service, shipping, returns, etc…

Now start thinking about a million users. How about 5 million users? As you can see, the numbers could get REALLY BIG, really fast. Of course, I could be totally wrong, and it could totally flop!

Look for more updates in the weeks ahead and maybe you can become one of our beta testers.

Podcasts

November was a very busy month for podcasts with a total of 3 episodes being produced

Here is a list of this past month’s episodes:

Blog Posts

November was also a busy month for new blog posts with a total of 15 posts being published. Phew!

Of them, several stood out in terms of getting a lot of comments. The 3 most popular posts were:

Income Breakdown

  • HowToCleanAnything.com
    • Total: $592
      • Last Month: $653
      • Difference: $61
      • Down 9%
  • Other Adsense Sites
    • Total $227
      • Last month: $141
      • Difference: $86
      • Up 61%
  • Affiliate Earnings
    • Amazon: $51
    • Backlink Battleplan: $29
    • Bluehost: $1,260
    • Hostgator: $2,325
    • Long Tail Pro: $154
    • Misc: $1,273 (mostly Chris Guthrie’s WSO)
    • Niche Video Tycoon: $212
    • oDesk: $100
    • SECockpit: $1,381
    • SimplyPLR: $233
    • Unique Article Wizard: $324
    • Total: $7,342
      • Last Month: $5,779
      • Difference: $1,653
      • Up 29%
  • Niche Site Mastery
    • Total: $14,281
      • Last Month: $2,387
      • Difference: $11,894
      • Up 498%
  • Consulting
    • Total: $5,000
      • Last Month: $0
      • Difference: $5,000
  • Gross Total in December
    • Total: $27,442
      • Last Month: $8,910
      • Difference: $18,532
      • Up 208%
  • Expenses: $10,792
    • My largest expense this month was the cost of the 220 websites that the VA team is building for Niche Site Mastery members. Aside from that, there was hosting, advertising, my own Vas, software subscriptions, cell phone, internet connection, travel, content development, domain registrations, and a new remote control mouse for my cat Maverick.
  • Net Income (before taxes) in December: $16,650

As you can see, this was an abnormally large month; primarily due to the launch of NSM’s ‘Done for You’ VA service and the one-time consulting fee. If you subtract those two income streams, the gross income would have been $11,324.

As I pointed out in this post, teaching others how to make money online has made a significant contribution to my income and I am extremely grateful for the support that you all give me when you purchase a product through one of my affiliate links or decide to become a member of Niche Site Mastery.

As I have always said from the start, I’m not an internet marketing guru; I have just chosen to share with the world what I’m up to, the mistake that I make, and the lessons that I’m learning. Any of you could do the same if you really wanted to.

Going forward, I will continue to build niche sites to make money from Adsense as well as my own video courses (that have nothing to do with making money online). I will also continue to promote Niche Site Mastery and makes its ‘Done for You’ VA service the best that it can possibly be. In doing so, I will derive revenue from teaching, however, I suspect the revenue generated from sales of completed sites will far outstrip the revenue from the monthly subscription.

And finally, if I’m really lucky, Giftsimply will be so successful that it dwarfs absolutely everything I’ve done so far :)

Lessons Learned in December

As was astutely pointed out by one of my readers, I have a LOT on my plate these days. Probably too much, in fact.

While this idea has been lurking in the back corners of my brain for while, it was brought to the forefront by a conversation with a mentor of mine when he asked me, “what is stopping you from taking your business to the next level?”

The answer was obvious: I needed help.

While virtual assistants are awesome, they can’t do everything. For example, lets have a look at some of the things that currently consume my time and with how much time they take each week:

  • email (10 hours)
  • blog comments (1 hour)
  • forum moderation (1-2 hours)
  • NSM support tickets (2-3 hours)
  • managing my VAs (1-2 hours)
  • content creation for NSM (2-4 hours)
  • Blog posts (6-8 hours)
  • learning (4 hours)
  • networking (don’t have enough time for this)
  • product creation (5-10 hours)
  • podcast creation and post production (2-3 hours)
  • video creation and post production (5-10 hours)
  • bookkeeping (1-2 hours)

At the low end, the list above consumes 40 hours a week and that assumes that I’m working with 100% efficiency, which is totally unrealistic. At the hight end, there is 60 hours a week of work to do, and if I tried to do that every week, I’d burn out.

There are a number of the things above that an EA could take ownership of. They include:

  • NSM support tickets (requires access to my Paypal/Clickbank accounts)
  • managing my VAs and niche sites
  • expansion of my Youtube channel (tons of opportunity here)
  • bookkeeping
  • Flippa auction management
  • video and podcast post production

This list above is just a start and over time, I’m sure I’ll figure out more to add to it.

The one thing that I know for sure is that I should be spending my time on only the activities with the highest return. That would include; niche research, product creation, content creation, and networking. Everything else needs to be done by someone else if I’m every to surpass $1M per year like I did with my last business.

Measuring My Progress

I have a great many things that I want to accomplish in January. Before I get to that, however, I want to share with you how I did versus my December goals.

December Results

      • Build at least 30 new niche sites – fail
      • Finish my video course (not quite done, but close!)
      • Earn gross income of at least $10,000 for the month – achieved
      • Publish 2 more podcasts – achieved
      • Record more videos for my Youtube Channel (be sure to subscribe to get them delivered right to your inbox) – achieved

Goals for January

      • Finish my first video course (like what Nate is doing)
      • Publish 2 more podcasts
      • Hire an executive assistant and lease a (very) small office for us to work in so I can get my life back in balance and focus on high value activities
      • Increase Adsense income from new sites by at least 30%
      • Earn gross income of at least $20,000 for the month
      • Launch a new WSO on the Warrior Forum

Conclusion

As always, I’m extremely grateful to all of my readers for helping to make this happen. Without you, none of this success would be possible, so please accept my big fat THANK YOU!

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  • http://www.extramoneyblog.com Sunil from The Extra Money Blog

    congratulations on an upward trajectory

    • http://onlineincomelab.com Trent Dyrsmid

      Thanks so much Sunil; much appreciated!

  • http://www.nichespin.com Pete

    Congrats on December’s income report Trent. Outstanding stuff. The Niche Site Mastery membership had a nice boost.

    My eyes are peeled for more nuggets on information in you coming posts.

    Regards,
    Pete

    • http://onlineincomelab.com Trent Dyrsmid

      Thanks Pete. I’ve got some more good nuggets in the works!

  • Federico

    Hello Trent,
    Nice number!

    Is there included the Adsense revenue from all your portfolio of niche sites ? Because I see $227 from ‘Other Adsense sites’ and I wonder if that comes from your whole niche adsense website portfolio.

    Thanks!

    • http://onlineincomelab.com Trent Dyrsmid

      Yes, my whole portfolio is there. Keep in mind that I didn’t start creating Adsense sites until about June of 2011 and then I sold some of my first ones. The bulk of what you saw as “other Adsense” are from sites that are 90 days old or less.

  • http://www.commissionclassroom.com Jeff Carson

    Awesome Trent. Nice post, thanks for sharing.

    Hmmmmmm, that GiftSimply site looks like it could be a really good idea! Can’t wait to hear how the launch of that goes…

    Jeff

    • http://onlineincomelab.com Trent Dyrsmid

      Hey Jeff,

      Yes, I have to admit that I’m pretty keen on seeing how GS turns out.

  • Will

    Congrats Trent! Is there nothing you can’t do?

    • http://onlineincomelab.com Trent Dyrsmid

      Hey Will,

      Plenty, I just don’t blog about it :P

      Truthfully, the reason it looks like I’m having so much success is because I work really hard (and long hours) and am not afraid to invest time and money into new ventures. As well, my ability to outsource has a lot to do with it.

  • http://passiveincomebot.com/ Joe Case

    Congrats on another great month. Are you planning to build any new niche sites in January?

    • http://onlineincomelab.com Trent Dyrsmid

      Hey Joe,
      My #1 goal is to get my NSM VA service out of beta. My own needs will be second to that. With that said, I will now be using the exact same VAs and my members are, so I don’t see why I won’t be able to launch new sites along with them.

      • Larry

        Trent,
        Have you given any thought to creating an NSM VA service for the Niche Site Tycoon creation? That would be something that I and many others would be interested in.

        • http://onlineincomelab.com Trent Dyrsmid

          I hadn’t thought of that. Given the cost per site would north of $2000, I didn’t think there’d be many takers.

  • Steve

    Hi Trent,

    Really nice income this month. Great job on that!

    But something that I am a little surprised about is that it seems you earned less than $1000 from you AdSense sites, yet you made more than $14K from the course you have that teaches others how to build AdSense and niche sites…

    Am I missing something here?

    • http://onlineincomelab.com Trent Dyrsmid

      Yes, I’d say you are. Read this.

      • Steve

        Hi Trent, what should I read?

        • http://onlineincomelab.com Trent Dyrsmid

          What should you read? Not sure what you mean.

  • steve

    Trent

    congratulations on your continued growth. and before I say anything else I say I have the utmost respect for you.

    since you posting these income reports really put you out there for all the world to see.

    and the thing is you dont have to do this. but you do.

    and its appreciated.

    good luck on your new launch.

    although I predict that you will always come back to teaching people how to make money since this is like an addiction lol

    steve

    • http://onlineincomelab.com Trent Dyrsmid

      Helping people is an addiction. The profits are just the reward. Before I was in IM, I used to volunteer and give talks at high schools and colleges. I also mentored people. I’ve been teaching people how to succeed in business for MUCH longer than I’ve been into IM.

  • steve

    PS. the next level you will probably move towards will be high end consulting.. this would be the next logical step since there are people in this space that will pay alot of money for alot of hand holding.

    I myself paid a superstar last year $5000

    was it worth it

    hell yea :)

    • http://onlineincomelab.com Trent Dyrsmid

      Steve,
      Yes, consulting can pay well, but it doesn’t really fit with me lifestyle model. The $5k that I took this month was from a close friend/mentor who would have got all the advice for free, except he doesn’t roll that way, and so when I visited him for Christmas, I was given a check for $5,000 for the time I would be using to answer all his questions in the future. He is a VERY wealthy man and understands that you don’t abuse relationships that will help you to move forward.

  • steve

    PPS. what would be a good topic for a blog post. is exactly how you break up and manage your day to day operations.

    time management

    • http://onlineincomelab.com Trent Dyrsmid

      I will get around to that post at some point. I just have others that I think are more interesting to get to before then.

  • http://thewisebuck.com Mike

    Hi Trent,

    Wow, that’s a great month. Congratulations. It seems like Blue Host and Host Gator are good affiliate earnings to pursue. I signed up for Blue Host and have had no problems with them.

    You do have a lot on your plate but hey, you have a lot to show for it. This year should be a big one for you. Congratulations again and thanks for posting. There’s a lot to be learned from this report.

    Mike

    • http://onlineincomelab.com Trent Dyrsmid

      Thanks Mike! Yes, I suspect this year’s progress will be pretty amazing. There are some really big irons in the fire (that I’ve not mentioned) and I will blog about them when the time is right.
      The one thing I can promise you is this: when you succeed in public, people notice, and from that, comes additional opportunities. This is why I keep telling people to follow in my footsteps and blog their butts off.

  • http://www.leavingworkbehind.com/ Tom Ewer

    Hey Trent,

    I have to be honest with you (and this comes from someone who is strongly considering signing up to NSM) – the fact that you sell a niche site course when you only make a couple hundred bucks (gross, I assume) from niche sites makes me feel a bit uncomfortable.

    In fact, given that you are an avid exponent of VAs, I was wondering how much you spent on VAs for building niche sites in December (and by extension, what your net profit on AdSense sites was).

    What strikes me as unusual is how I interpret the information immediately available to me:

    1) You do not make much money from niche sites
    2) You sell a course on how to make money from niche sites

    I understand that you say you are not trying to be a guru and so on. But in my opinion, as soon as you start selling a teaching course, you step straight into an obligation to be able to do what you sell.

    I do not intend for any of this to come across as confrontational, but I am genuinely interested in understanding how you process the apparent paradox I have outlined above (or if in fact, there is a reasonable explanation that I have missed).

    For what it’s worth, you come across as an extremely genuine guy with a passion for what you do, so I hope that I can process all of this in a way that makes me feel comfortable.

    I would appreciate your thoughts.

    Cheers,

    Tom

    • Farlon

      Deja Vu.

    • Steve

      Hi Tom, I noticed the same thing and you said what I wanted to say word for word…

      Truly is a paradox.

    • steve

      Tom

      you make some very valid points BUT I want to say this;

      Trent could just as well as easily lied and say he is making such and such per month.

      like many of these silly GURU’s state.

      in fact it is because of this transparency.. I have come to respect this man as a man of integrity and honesty which is rare in this IM space.

      look at all the WSO’s on the warrior forums.

      with all the claims of how many thousands you can make all on autopilot.

      now look at Trent who explains.. he is working 60 hours a week on his business.

      he reveals his IM monthly income reports..

      the problem we all have is a mental block since we are so accustomed to these pitches when the real truth is this

      I would rather learn from this honest guy who gives me the real scoop and no fluff.. than most of the other morons trying to sell you the next big thing.

      Truth and honesty is so rare these days since most people would sell their mother for an affiliate sale.

      Trent keep up the good work and thanks for inspiring me to start a IM biz

      • http://onlineincomelab.com Trent Dyrsmid

        Thanks Steve. I think I need to hire you for PR :P

    • http://onlineincomelab.com Trent Dyrsmid

      Hey Tom,

      If you aren’t comfortable, all I can suggest is that you don’t buy my course. I can attempt to defend myself all day long, but whats the point? Someone is always going to try to undermine my credibility.

      The reality is this: People who’ve bought my course love it. Just go to the home page of NSM to read the testimonials.

      Then listen to the podcast with one of my students, Matt Newton, who is crushing it.

      Cheers,
      Trent

      PS. See Joel’s comment below. By looking only at the income, you aren’t seeing the entire picture.

      PPS. By the way, THIS blog is not JUST about making money with niche sites. If it was, it’d be called the Niche Site Income Lab. Instead, its called the Online Income Lab and on it, I GIVE AWAY everything on how I’ve started to make so much money online. Part of the reason that I don’t make thousands with niche sites is because I have other activities that produce a higher income. The make money online “niche” is a niche just like any other, so in that regard, I believe the proof is VERY WELL DOCUMENTED that I know what I’m doing :)

  • Joel

    I’m pretty sure you guys are missing the point that Trent’s sites are making “a couple hundred bucks” but his assets have a value that is at least 12x this. But this is just the value right now. The sites aren’t going to achieve the expected income until about the third or fourth month, and this income will no doubt rise with more pages/link building.

    Thanks for the report Trent, and please correct anything that I may have not stated correctly.

    • http://onlineincomelab.com Trent Dyrsmid

      Joel,

      You hit the nail on the head. I could easily sell my top 4 or 5 sites right now for FAR MORE money that I’ve invested to build ALL my sites.

  • http://howIgotrich.net Joe

    How can you teach Adsense when you only ear…only joking ;-)

    Well done, those are some impressive figures (again)! I look forward to signing up for your Done for You Service when it launches proper and I have the cash to invest.

    I earn more than you from my (amazon) niche sites than you from your adsense sites but make nothing from my blog. Maybe I should give it a try in 2012.

    • http://onlineincomelab.com Trent Dyrsmid

      Yes, you should! The make money online niche, is a niche like any other niche.

  • http://howIgotrich.net Joe

    If you guys read this post:
    http://onlineincomelab.com/teaching-vs-doing-which-is-better/
    Trent lays out his thoughts on this matter.

    I agree with what Trent is saying but perhaps to make it easier for us to justify (to ourselves) signing up and paying up it would be helpful if he was making more from his niche sites.

    • http://www.leavingworkbehind.com/ Tom Ewer

      Hey Joe,

      I have read that post before.

      I have absolutely no problem with Trent making the majority of his money from teaching. But when the “doing” part is utterly negligible (or perhaps in fact running at a loss), I think there is a moral issue to address. By the way, I am not saying that Trent’s AdSense sites *are* running at a loss, but I do currently have no information to tell me otherwise.

      He refers to Pat Flynn, Chris Guthrie and Spencer Haws in the post you mentioned. All three of those guys make loads of money (directly or indirectly) from teaching, but they also make a healthy income from doing. And out of those three, only one of them is offering a teaching course. Whilst making money from affiliate marketing if you don’t practice what you preach is distasteful, selling a teaching course under the same circumstances is far worse.

      I’d just like to reiterate again that none of this is intended to be confrontational, and I am not actually “accusing” Trent of anything. But I would like to know what he thinks about the issues I have raised – I do not think that they have been addressed previously.

      Here’s one REALLY easy way to put Trent “in the clear” (in my eyes) – if his course actually *works* – if it teaches you to effectively build niche sites and make money, whether or not *he* is making money becomes irrelevant. That is why I am so tempted to sign up for the course regardless of my reservations – because I have a hunch that Trent is a capable guy, and is selling a good course. It’s a risk, because I don’t seem him making the money himself, but a risk I am very tempted to take nonetheless.

      Cheers,

      Tom

      • http://howIgotrich.net Joe

        Yeah I totally agree. If you are teaching something you are not actually doing successfully yourself then that’s not on. Not saying that is the case or anything.

        I have signed up for the course as I wanted access to the training materials and VA instructions.

      • http://onlineincomelab.com Trent Dyrsmid

        Tom, the course has a 60 day money back guarantee. You have zero risk.

      • Ric

        Tom, I’d like to add a little something here. In high school I played basketball. We had a coach who was a student of the sport, turned teacher. He couldn’t play basketball worth crap, but he was fantastic at taking what was in his head, teaching players, and transforming them into really good players.

        Looking back, I learned a lot from that time of life.

        Trent has a track record for business. Even if the hundreds of niche sites he makes doesn’t make another dime (highly unlikely) this doesn’t diminish his ability to create, organize and teach a business model. I know it is hard to embrace the phrase “Do as I say, not as I do”, but when what the teacher is teaching creates success for others I say go for it.

        There are only two ways to test out Trent’s teachings, one is to just try it, and the other is to read what people say who have taken the course. Personally, when it comes to testimonials I like to hear both sides of the story. Lets say Trent’s course was to complicated for someone, I’d like to know why. Lets say Trent’s course required to much upfront money to execute properly for someone, this may not be the case for me and this comment would actually help me buy the course.

        I learned a lot from my basketball coach about not prejudging, even though Trent’s track record for personal niche site profits is still in progress, lets evaluate the teacher and the doer separately. If I’d evaluated the basketball coach on how he played vs. how he teached, I would have been dead wrong and probably missed out on learning a lot about playing ball.

      • http://www.phoenixmarkettrends.com Artur

        I have the same qualms as you about Trent making, what is really a small amount in adsense income, but I did purchase the course, when it came out, and made use of it to build some sites which are young, but already making a good income. 2 of 9 have paid for themselves in less then 45 days. It’s not magic, it’s about a clear course of action with information about the little details which usually put a stop to many projects and Trent’s course provides a way to get over the details: this is the suspension on a mountain bike.

    • http://onlineincomelab.com Trent Dyrsmid

      Every month “he” is making more. And if “he” sold some of them, the return on investment would be huge. Its not just the income guys…its the asset value and that isn’t reported in my income reports. Maybe it should be?

      • http://www.phoenixmarkettrends.com Artur

        It’s all about value, so maybe you should add ‘value created’ to your reports.

  • http://www.ivblogger.com Sheyi

    Trent, this is lovely and I am pretty sure your $1, 000, 000 P/M is near the corner. Spread your tentacles and let the $ roll in.

    My advice is to try launch some more authority sites (either from scratch or buy one like you did).

    I am so happy your business is growing cause you are one of my mentors online as well as Pat Flynn…

    Sheyi

    • http://onlineincomelab.com Trent Dyrsmid

      Thanks so much :)

  • Carl Lewis

    Wow that is incredible, you made over $14,000 showing people how to do something that you only made $227 doing last month. Crazy :)

    • http://onlineincomelab.com Trent Dyrsmid

      Carl,

      You are killing me, lol!

      First, I made $819 from Adsense in cash flow. But lets not forget that these sites also have an asset value that is about 20x the cash flow. Taking that into account, my niche site portfolio could be sold for about $16,380 on flippa. That is a MASSIVE return on my investment because I haven’t spent anywhere near that amount to build them.

      I also made $7,342 in affiliate commissions. Its true that these commissions are from my blog, but isn’t the make money online “niche” just like any other niche, only its SUBSTANTIALLY more competitive?

      Next, if you actually READ my income report, you would see that $11,000 came from selling people 220 websites complete with 6 article marketing campaigns each. Selling people sites is a SERVICE. It ain’t teaching.

      If you are going to take a poke at me, at least get your facts right, eh?

      Cheers,
      Trent

  • http://thewisebuck.com Mike

    Hi Tom,

    I just wanted to add something as I completely understand where you’re coming from. You’re wondering how can you can address your concerns without coming off as accusatory.

    Developing income from Adsense takes time. If it is your sole focus you should be able to earn as much or more than $200 per month in a reasonable period of time. Go and listen to the podcasts here of those who are making more income on Adsnese alone and you’ll find they are solely or mostly focused on Adsense income. That is good and can also be a risk (aka having all your eggs in one basket.)

    FWIW, the methods and concepts taught in NSM are very much the same (in general) as those you’d find on Smart Passive Income or Spencer’s site. It’s just that Trent has done a real nice way or organizing and laying the content out for people to digest and apply. You will also learn how to run your business and diversify your income.

    So, your concerns are understandable; I had them too. But after diving into the material and being familiar with other’s courses, teachings etc. I can tell you, you’ll get what your looking for. It’s just a matter of getting in and going after it.

  • Gillian

    Hi Trent

    Fantastic results – very inspirational.

    I was surprised at how low the income figure for “Other Adsense Sites” was ($227). I thought you had quite a number of these at present and am therefore a bit put off the concept now.

    Have I misinterpreted or missed something?

    Gillian

    • http://onlineincomelab.com Trent Dyrsmid

      I used to have a lot of affiliate sites, but I sold them a while back. I’ve also sold some of my Adsense sites. Why would you be ‘put off’? That doesn’t seem to make sense to me.

      • Gillian

        Hi Trent

        I would be put off if $227 was the revenue generated by lots of sites – if it is a small number of sites only I would be happy to give it a go.

        Gillian