The world of online business can seem a hugely complicated place. Simply trying to understand the mass of information, data, products, techniques and revenue streams can leave the average person with a serious case of information overload.
What are we trying to achieve with MoneyMakingMuses.Com
We want to generate £10k per month in passive income using White hat (ethical) online marketing tactics.
We intend to record our journey on this website every step of the way.
Through significant research we have settled upon a very simple way of modelling an online business. This model is not our own, it was first presented to us by a company called http://www.socialmediascience.com/. Read our post about this company here. They have coined the terms ‘Perpetual Internet traffic‘ and this is the business model that we will be adopting as we develop our own passive income streams.
Check Out the Video Below – This describes in Detail our Business Plan
Money Making Muses – The Business Plan from Money Making on Vimeo.
What is ‘Perpetual Internet Traffic’?
The guys at Social Media Science will best explain this, infact they do a really good job in this pdf - The-Complete-Syndication-Revelation.
Check out our video on how we have implemented this concept on our website
Money Making Muses – Under the Hood from Money Making on Vimeo.
We arranged the website into logical categories;
1. Keywords - An online idea starts with sourcing a niche. This section contains all our posts on Keyword research and analysis. We have also created a section called the Internet Time Machine. This is product that identifies imbalance in the search supply/demand curve – put simply it makes finding niches much easier and more importantly, applies science to what was once more of an art.
2. The Central Hub – This category stores all posts about exactly how to build a website. It covers how to register a domain, how to find hosting and how to configure WordPress websites. This whole process takes LESS than 30 minutes. Quick configuration and optimisation of a website is central to our strategy.
3. Traffic Building – Without traffic your online business will fail. How to get traffic to your website is almost always overlooked by website owners. Traffic creation is also central to our strategy. We discuss in this category traditional and ninja techniques for driving traffic to your website. This section is a must read!
4. The Sales Funnel – We’ve discussed finding niches, building websites and getting traffic. The next stage (and lets be totally honest) the single reason we are going online, is to make money. This section delves into the details around monetizing your website.
5. Business Strategy – This section covers a number of areas including how we are progressing toward our goal of creating £10k per month in passive income. It also includes great articles on subjects such as discipline, goal setting, planning and motivation. Without the right mindset and work ethic, it really doesn’t matter how good your web presence is, eventually you will fail.
6. Tim Ferriss – We are big fans of Tim Ferriss. If you’ve not heard of Tim, then head on over to his blog. FourHourworkingWeek.com. Tim coined the phrase ‘lifestyle design’ and is one of the elite new rich (our words not his). His book FourHourWorkingweek went to Number 1 in the New York Times bestseller list.
7. Ninja IM Techniques – This category contains all the latest research and new technologies that we are discovering as we develop our online business. The content is likely to be stored in other categories in the blog, but for ease of reference, we’ve added a section that pulls it all together
By focusing on these areas and by using time-saving ‘Tim Ferriss’ style techniques, we will develop a passive income stream of £10k per month. Whilst doing this, we will be recording our progress right here at MoneyMakingMuses.Com.