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Originally Posted by jeffrey
It's a dedication that goes well beyond earning money. Nate and I have made pennies per hour for the amount of time we've put into the site and although we hope it will be our full time job in the future, we know that is still a few years away. We basically spend every free moment we have on the site - just imagine having another full time job on top of everything you currently do and that about sums it up 
If the goal is to make $30 a month, ebay it for the money. A lot less time and a bigger return.
I'm not saying that building a website isn't a good thing to do - but if you are going to do it you should do it because you want to even if no many comes from it. That is the type of dedication you need to make it work. The main criteria is to keep plugging away even when it seems like nobody is visiting the site.
It is also a long process until you begin making some money if you aren't selling anything. We hardly made a dime the first year we were up - just made enought o cover our expenses (popularity is a double edge sword when you are still growing - we started out on a $20 a month server and now have to pay a few hundred dollars a month) Stiil, if you can keep at it over a long period, the rewards will eventually come. |
I wanted to say that pretty much everything Jeffrey has said here about running SavingAdvice has been true for me and DivaTribe as well. You don't start a little ol' web site and immediately have people generating income on it. I started DT with a friend in late 2001, and it's only recently that it has become profitable.
And frankly, we never set out to make a ton of money from it - we started it because we felt driven to create a women's community unlike the others we'd been seeing at the time. It is a labor of love, and my hourly income ain't much.