Forum Moderators: martinibuster
Internet income is very unstable, it's mostly hyped and it looks like the hypes are about to burst in our face.
My prediction is only about 5% or less of all internet businesses will survive. They take turns, someone emerges, then another one goes out of business.
You will just be making a fool of yourself if you quit your job thinking that the internet income is a reliable source of income. Time will come and you'll find out the worst.
I used to make serious money online, now i dont and i am preparing for the worst especially when Google introduced the Site Targetting CPM. Who else can i blame for this, I didnt change anything in my site and i get the same amount of traffic everyday.
Due to this change, I have lost nearly 70% of my Adsense revenue since the conception of the new CPM model.
However, there is a positive side i learned from all of these....no internet business is reliable and in order to support yourself financially, you got to do something else besides internet business. I thought my nearly 5 figure income a month would last, but it didnt.
Therefore, any internet income is not reliable.
I'm going back to the real world next month
I hate to burst your bubble but working at home and doing it all on your own is about as real world as it gets. Nobody else to blame for your failures and nobody else to take credit for your success, it's EXHILARATING!
Working in a big company as a little cog in a much larger wheel is more "safe", easy to ride the overall success and failure of the group as a whole.
I'll take my chances, enjoy your cube and recycled office air :)
Give AsianGuy a bit of a break.
Yes, he said made some inappropriate comments and even tacit insults, but put yourself in his shoes. Everything he has accomplished has just collapsed.
Asianguy, ease up a bit with the posts which are coming off as passive-agressive.
As I said before, you took a hit, and you will bounce back. Losing your buddies at Club AdSense will not accomplish anything.
Keep your chin up.
I just like going back to work, meet new people, get experience, and have fun. I am a fresh college grad and just wanting to get more experience out there. My 10 web sites with over 1,000 pages are still running, however, i could no longer predict my income from them. I'm no longer hoping to get the UPS club which i was very close to...few weeks ago.
Nothing wrong with 2 incomes as the web site will still be there after your employer drives the company into Chapter 11. Maybe I'd have a better outlook on corporate life had I never sat in staff meetings knowing things like there's only 2 months of money left and everyone gets laid off unless the next bridge funding closes, it wears thin. Maybe staying lower on the food chain would've helped my attitude.
Yes, I'm a bundle of cheer about companies aren't I? :)
Absolutely true. So real, the thought of it can be scary.
Goodluck Asianguy. Keep working on your sites, though. It's only logical that if you do, they'll continue to provide income and perhaps, eventually, get to the target you were shooting for.
I just like going back to work, meet new people, get experience, and have fun. I am a fresh college grad and just wanting to get more experience out there.
That's probably a good thing to do at your age, when you're just starting out. But keep those Web sites going so you'll have something to fall back on if you suffer from career burnout later on. :-)
Who'll soon stab you in the back just to get ahead of you in the race.
Asianguy, you have a lot to learn. But you will.
We wish you luck, Asianguy. It's good to build some working experience too, because there's a lot to learn from it. Most of us have been there and done that, and feel that we prefer making ourselves rich (not just through Adsense) instead of making our employers rich.
But it's always better to judge for yourself which it is that you want to do. It's just like me when I see a good movie trailer that makes me want to see the movie. Even if somebody comes along saying that the movie isn't good, I'd still watch it because I want to judge for myself if it's really good or bad.
Asian- think about that before you give up all hope in your self-made options.
The best advice I can give is, save extra when times are good, cut back to the absolute minimum when times get tough to get you through, and reflect that whatever misfortune may be your lot, It could only be worse in Milwaukee. :)
Truly Tnx,
M
This is Joe, I'm in the next virtual cubicle.
Good luck.. keep some powder dry.
I did the cubicle thing for 28 years with 4 companies and never got anywhere. None of the divisions I worked for exist any longer - so things can happen no matter where you are working.
Keep writing and creating and you may come up on top in the next update. Eventually if you have enough stuff out there you can ride out these terrible downs and really pack it away in the ups.
I've been on my own since 2000 and will never go back (I hope)
After one year, my best customer told me, that he has now constructed an automatic fill system.
65% of turn around away.
Some days later, my second best customer told me, that he has now a better offer from somebody with a new automatic fill system.
30% of turn around away.
So bad things can happen everywhere.
I am focusing on search engine optimization now so that i dont have to worry much about advertising expense.
I am focusing on search engine optimization now so that i dont have to worry much about advertising expense.
At the moment & for the foreseeable future, I am totally without need for SERPS, advertising, etc... I bring in roughly 100k visitors per day, and most come via bookmarks, type-ins, etc. Don't get me wrong though, I defintely like the traffic from SERPs & the likes, but they aren't my main source of traffic and could easily get by without them.
incrediBILL, maybe you dont have other options thats why you really have to stick your nose on making money online and will do all kinds of things hoping that one day it will pay off. It's desperate call and it's sad to see that way.
I don't know that sounds pretty personal to me.
The fact is that there already stable online businesses, and more and more every day we are seeing stable online wings of brick and morter businesses are becoming profitable also. And though there may be some major bumps the road (there always is in a new industry) those that adapt to changes rather than let them drive their businesses into closing will survive.
The online business world is still in its infant stages today. Ads online account for a single digit percentage of all advertising in the US. Many homes still don't even have the internet let alone broadband and that is in the United States. Just Imagine how big the pie is going to be in 5, 10, 15 years. Maybe the pie will change from apple to blueberry but regardless the pie will be much larger.
Sorry to learn that your adsense revenue took a nosedive. It's true, there are no guarantees whether it is Adsense, Internet, corporate jobs, or whatever...
However, may I suggest you look at some of these suggesions/opinions posted here with an open mind -even if they may look diagonal to the conclusion you seemed to have already reached? If you are looking for soothing answers, thats one thing. If you are looking for real feedback from those who have been around the block a few times, and have already graduated from the school of hard knocks, you are most likely to find opinions that may differ from your line of thought. Some of these guys have already overcome or are working-around the type of hurdles that you are currently experiencing (i.e. IncrediBill, jomaxx, EFV, MikeNoLastName, sailotjd, BuzzLiteYear, and others who have made helpful posts in here), so why not use their feedback as a guiding beacon instead of coming down on 'em. No offense, just a thought...
On a lighter note, I can sympathize with you -it ain't easy working for the worst boss on Earth -i.e working for "oneself." No other boss knows all your inner thoughts, follows you around every moment of your life, knows when you slack off, and wouldn't leave you alone even in the shower. ;) Worst of all, one can't even make excuses to, or even fire that know-it-all-slave-driver-Boss-from-you-know-where. FWIW, I too have been working for one such guy for a while now, and lovin it. :)
Seriously though, if you are just starting out, nothing wrong in seeking experience in corporate world. Do what floats your boat, and keep your sites humming along as you explore new grounds... Patience, young Jedi! :)
OK - for work you get a (fairly - possibly) stable life and regular income. You may earn $50 per hour (if you're v lucky) - once they've had that hour you get nothing more from it - they earn from that hour's work add infinitum.
If you work for yourself you might only get $5 from that same hour but you could get it every week for years - and once you've done it you get the freedom to build more). As far as employers go you should show them as much loyalty as they will show you - you owe them nothing (sorry if I sound cynical)
In case some advertisers select your site to display CPM ads on it, these ads will compete with regular PPC ads for the space on your site. Thus, CPM ads only win if they bring you more.
If nobody picks your site for CPM, you’ll have the same ads pool as you had before CPM introduction.
