Are you thinking big?

Lately I've been messing around with small and insignificance sites and things such as promoting clickbank as affiliates. I've lost track at what is most important and what I set out to do. My philosophy from well... last month. I was planning to build a massive online multiplayer dance game then bought a domain name for 1.1k to build a large community site. This is where the big money is, the big idea. Something worth daydreaming about, comming up with ideas about, baby it, nurture it.

So if you have a good stream of income and have the ability to invest a large sum of money, why continue to build small sites to increase your income. Why not think of an idea and build a super site like myspace, friendster, plentyoffish something that worth millions. We're all trying to get that "quick money" I myself is an example of this, I keep creating small sites because I know they make money in the fastest possible time. Comming up with an original idea, invest money without seeing a return but know that the money will come and LOTS of it, work your hardest on it and you'll be much more profitable in the end.

Just my 2cent

 

I am thinking very big right now

 

I agree with you to some extent. While My Space and other sites took time to get to where they are today, they ended up selling for millions. It sounds like you are saying that more time and energy should be placed in one idea or site than multiple sites?

I tend to agree, but the only issue is the amount of time it takes for that one site to get to that level. I have bills that need to be paid every month, and I don't have 3 years or longer to wait until that killer idea comes through.

Even worse, the idea may simply not work. I don't mean to sound negative, but for every My Space or Friendster, there are millions of failures. Having multiple websites multiplies your chances of being successful.

Some webmasters will "flip" their sites in the future like real estate. That is what I will do. Think about it. if you have 75 websites, and you have a bunch of high PR sites with lots of traffic, one of those sites could sell for $15,000.

The only problem with having multiple sites is content management. Unless you have writers or assistant webmasters, regularly updating multiple sites alone can be very difficult. At the same time, putting all of your firepower into one idea may bring it to fruition much faster.

 

los of small streams of passive income are easily maintainable and work on their own. multiple domains and streams help each other, and provide money to waste on bigger ideas

 

I am thinking big. Just today I had an idea for a massive online multiplayer dance game site.

 

I usually go for things that will generate me money on early stages as well as having a room for expansion.