Ok, well I’d like to talk today about where I am at in my own making money online journey. I started to get fascinated with the idea of making money through blogging about a year ago. In November of 2008 I bought my first batch of domains. I have to say that at that time, I had no clue about what I was doing. I did not have a strategy in any way, shape or form.

I spent about six months trying various make money programs and ideas and never really had any success. I became disenfranchised in the summer and gave up for a while. In the fall I realized that I had quit too soon and that I needed to give it another chance. Unfortunately, due to other commitments, I did not have a lot of time to focus on the project. But, I had found a strategy.

Following in the footsteps of some bloggers who I trusted, I decided that I could make money by creating niche sites using keywords without a lot of competition. I decided that I would launch 100 niche sites and monetize them with google adsense. The problem was that I still did not have a lot of time. I could only get a few sites out a week. In November I had to scale back my online activities for a variety of reasons. For the last couple of months I have not been devote any time to blogging. However, at this point I am now able to allocate a lot more time to the project.

Currently, I have 10 niche sites up. And I have another 10 sites that I intend to develop more fully. My niche sites are currently earning between $3 and $12 a day in adsense. I think that with another 90 or so sites that I may be able to reach $2000 – $3000 a month which is the target.

I’d like to do 10 niche sites a week for the next month which would give me 50 sites by the end of January. Once I get the content up I’ll do a round of article marketing on Ezine, and Dashboard. I also might throw in some buzzles as well. Then, I’ll see how I am ranking.

I know that with the 10 niche sites that I have done thus far my rankings in the SERPs have varied. I am studying the sites of mine which are ranking well to try to learn from them. I find that for keywords that get less than 1000 exact searches a month that I need to rank in the top 3-4 so if I don’t think that I will able to get there with a minimum amount of link building then I don’t buy the domain.

I have high hopes for 2010. I’d like to be able to focus entirely on my blogs this year. I think that my overall goal is to reach a point in the coming year where I can quit my day job and become a full time internet marketer. To reach that goal I am going to have to work my tail off and be able to churn out a lot more than 10 sites a week so I’m not holding my breath. But that is the goal anyway.

Time to get back to work.