Creating wealth with USD90.40/year
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Does the title sound familiar? These words are so common now a days:-
- Creating residue income
- Start a business with no money/ little money.
- Work at home, potentially USD1000/week.
And I would say that 90% of them are scam and 10% of them is actually possible if you work hard enough.
But, creating a website would have a huge potential of creating wealth. It will actually a depends on your creativity.
Why create a website?
- It is cheap! - There issn’t much business investment which you could enter by investing USD90.40/year.
- It is easy - There is a lot of scripts out there which you could use them for free.
What are the cost?
The cost could actually be lower than USD90.40/year, but my rough estimation is as follows:-
Domain Hosting - Hosting with HostGator for USD6.95/mth (paid yearly).
Domain hosting basically is a place where you store your website on a computer/server which is connected to the internet 24/7. It is recomended that you find a reputable hosting because if your server is down, no one could access your website.
Domain Registration - Buying Domain from MyDomain for USD7.00/year.
Domain registration is buying www.yourname.com (.com/.net/.org/.info/.biz/.us). You could also buy regional domain such as com.my, co.jp, com.mx, tw or cn (but this usually cost more than USD7.00/year).
What is the tool you need?
It would depends on what you would like to do with your website.
- Have a new idea - This would require you to have a customize script, which would require addational investment by you. But this is usually a one time cost. If it pick up, you will have more money to hire programmer to have alteration.
- Blog - If you would like to blog and make money out of it. It is easy, all you have to do is to choose a platform which you would like to blog with. Currently there is Wordpress, Movable Type, and Blogger (FREE and could earn you potential income) which are comonly used, all of this platform is free for your to use (personal use). Your income source would be usually from Advertisements, but currently you have the option to have people paying you for posting about their products.
- Forum - If you have a group of friends and would like to attract all people around the globe who shares the same interest as you. You have the option of various platform to be used phpBB, punBB, vBulletin (not free), and miniBB.
- Looking for new ideas - no problem, you could start browsing for free/new scripts from Hotscripts. They have tones of scripts submitted daily and some of them may be useful and could also be free for use.
What are the potential?
The potential out there is huge, there are bloggers out there who earn 6 digit income a year. Most blogger who are succesful are blogging about the things they love doing and continue to update their blog daily (or as much as possible).
Forum is always fun to start as it would actually require little or even no commitment from you. As topics and discussion are started by users, there is no need for your to generate content. Users could also be your moderators to help control your forums, and answers to those who need help.
Ideas such as milliondollarhomepage.com, is a one time thing, but even if you have the idea and do not know how to make it, you could hire someone to do it for a very low price as the scripts is actually very simple. What is the potential? A million pieces of the Americal dollars, with just a simple idea.
This entry was posted on Tuesday, June 5th, 2007 at 3:16 pm and is filed under Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
drizad June 8th, 2007 at 9:57 am
Kinda agree with you on Hotscripts. It is a “treasure pit” for those who know how to make use of it…