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Adsense and what to do after college?

         

ccb9856

1:45 am on Nov 30, 2005 (gmt 0)

10+ Year Member



I'm at a crucial cross road in my life as I'm about to graduate college in the Spring with a BS in Computer Science. For the last 6 years, I've been running a site in my spare time thats made around $50,000 cumulative and is currently averaging around $1500 a month from adsense. I know, great money for a college student :)

So I'm trying to decide if I should get a job like everyone else or dedicate myself full time to my current website and a few other projects I have in mind that I haven't had time for. I can't see myself being happy doing programming for a big company or anything like that. In fact, I did it over the summer for 12 weeks and absolutely hated it. Creating my own websites is what I really love to do. The downside of course is the volatility of not only adsense but the industry as a whole which was ok for spending money but is a whole different story if I want to make a living.

Then again I see this as the perfect opportunity as I'll only be 22 with no family or other obligations and I can probably live with my parents for a little or move somewhere with cheap rent. If I do get a real job I may never have enough free time again to know if I could make it or not and I'll always be wondering.

Just wanted to see what others thought and what they would do in my situation. Also, I've been on here for over a year so I didn't just signup and post this. Just changed my name cause it was too closely related to my site.

rfung

7:57 pm on Nov 30, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Sailor you're one cold son of a ...:-p

built-for-adsense-scraper-site spammer?

:)

Jane_Doe

8:09 pm on Nov 30, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Another consideration is that if you ned a job in 5 years time then in a potential employers eyes you may as well have been unemployed for all that time.

This is a good point. I used to do a lot of programmer hiring for a corporation. People who had been self employed for many years were often very bad risks for hiring for permanent positions. Many had a hard time converting to life in a cube with set hours and two weeks vacation and usually ended up quitting. Plus good references of former employers can be really helpful in getting a full time position, so self employed people don't have that unless they have done consulting work.

sallam

8:20 pm on Nov 30, 2005 (gmt 0)

10+ Year Member



and went full time AM/AS

whats AM/AS?

emodo

9:37 pm on Nov 30, 2005 (gmt 0)

10+ Year Member



affiliate marketing and adsense

LisaWeber

9:46 pm on Nov 30, 2005 (gmt 0)

10+ Year Member



Another consideration is that if you ned a job in 5 years time then in a potential employers eyes you may as well have been unemployed for all that time.

This is a good point. I used to do a lot of programmer hiring for a corporation. People who had been self employed for many years were often very bad risks for hiring for permanent positions. Many had a hard time converting to life in a cube with set hours and two weeks vacation and usually ended up quitting. Plus good references of former employers can be really helpful in getting a full time position, so self employed people don't have that unless they have done consulting work.

Great point. After three years of working for myself I am certain I am unemployable. I would have to be really backed in a corner to put up with the bellyaching and baloney and bosses, not to mention the set hours. God save me from ever having to get a job again.

JoeS

6:22 pm on Dec 1, 2005 (gmt 0)

10+ Year Member



I say get a job and run your site on the side. It's good to get experience at a real company and you might meet some intresting people at work.

You're still young so you don't have much to lose.

You don't want to be sitting at your computer all day at home like me.

jetteroheller

6:44 pm on Dec 1, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



You don't want to be sitting at your computer all day at home like me.

How do You make Your web sites only sitting in front of the computer?

How do You make all the photos?
How do You make all the interviews?

I was this year many times and days underway for new content.

rookiecrd1

6:47 pm on Dec 1, 2005 (gmt 0)

10+ Year Member



Well, I think I can answer this question quite well, considering 18 months ago I was in your exact situation. I was graduation in May of 2004 averaging about $2500 a month online. I had to decide if I was going to look for a job for maybe $40K a year, or work fulltime on my sites. Being a beach lover, I decided to atleast take the summer off and see how things go over that 4 month span. Things went well, and fast forward 18 months, I am earning about $25K a month now, working maybe 4 hours a day. I moved down to Florida and am enjoying life to the fullest. I'm investing my money wisely incase something goes wrong and the pages are not as profitable any longer. If that does happen I would have plenty of money saved up to give me time to either look towards another web industry or find a job. If I do need to find a job, I can always put "May 2004 - Dec 2005 CEO of Widgets Inc." on my resume :) I don't think I could ever work for someone else now. At 24 years old, I don't spend my money like most of my buddy's would. I purchased some real estate and am investing in stocks and bonds.

Anyway I recommend you take atleast 5 months off, see how things go. If you seems to be increasing your profits month after month, then continue it. If you start doing worse, you can always look for a job, and put your websites and business on your resume for the empty time period.

I found that being free of college life, no more studying, partying, etc gave me a much better means to increase my income and expand the business. Remember that the onlien business is very unstable. Diversify and save your money.

Hope this helps
Goodluck
Brian

humblebeginnings

7:12 pm on Dec 1, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Rookie, wow...

ccb9856

11:22 pm on Dec 1, 2005 (gmt 0)

10+ Year Member



Rookie, that is an amazing story and great motivation. All I can say is congrats and hopefully I'll be following in your footsteps

Oetzi

12:20 am on Dec 2, 2005 (gmt 0)

10+ Year Member



ccb9856, think of yourself as being a marketer, not a programmer or a web master - it will open you the horizon on what you can do with your site to increase value for the advertisers and the income for you. Your business is only at the beginning.

What always strucks me is that we are working in the marketing department of our advertisers and most of them do not even know it.

rookiecrd1

4:26 am on Dec 2, 2005 (gmt 0)

10+ Year Member



Another important tip. When you are working for yourself you tend to slack off take long breaks/vacations. The best thing to do is act like you have a real job. Spend the time you'd be spending at a real job working on your sites. Get in a routine just liek you would have working for someone else. Remember ever little thing you do and spend time on can have an exponential affect on earnings in the future. Work hard and don't let money go to your head. I personally don't even tell most of my friends how much I make, and have no plans of doing any major luxury spending. Invest your money and enjoy the luxury items when you get older, ten fold. I'd rather it be that way, as you never know when its gonna end.

Brian

jetteroheller

6:13 am on Dec 2, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



ccb9856, think of yourself as being a marketer, not a programmer or a web master

I think more to be a publisher.

As I was young, I liked to read

P.M. Paul Moosleitners interesting magazin
"Bild der Wissenschaft" Picture of Science
Hobby - a technical magazin

Now I can produce my self something similar.

Dpeper

6:56 am on Dec 2, 2005 (gmt 0)

10+ Year Member



ccb, yea its a tough call been doing this since my sophomore year in highschool. Im 21 and graduating in december 2 weeks! I sold my big money making site about a year ago, and was able to put a way a nice savings. Started a couple since then....

I go back and forth on it every day, Ive been going out and interviewing and have a couple job offers, but it is really hard to imagine working for someone else, after making decent money on my own for these past few years. I am still undecided, I really want to go over to china and chill with shak for a while he seems to be having quite a time over there.

Dpeper

7:06 am on Dec 2, 2005 (gmt 0)

10+ Year Member



Reading back through these posts, all of us just need to get together, and do a start-up. A bunch of young 20 somethin year olds, were bound to make a fortune....

The cool thing is we don't even need an idea...

granty

3:47 pm on Dec 2, 2005 (gmt 0)

10+ Year Member



Some great stories here - personally I work for a university in the UK, good pension, good holidays, and I get day release to study for a masters which the university pays for. My job is secure I'd say, and compared to my friends who work in the private sector I have it a lot easier. The only problem I can see is that to earn more money I have to move up the ladder, away from the creative work I do to a mangerial role with more responsibility and therefore more stress - I know people who have had nervous breakdowns because of stress and I can safely say I will never put myself in that position. Im a newcomer to adsense and online advertising, but I can see there's potential to completely liberate myself from the 9-5 life thats draining my energy. I intend to create more sites gradually until I can work part time, then hopefully start investing my earnings in property to protect my cash. When I think of the alternative options its no decision at all really, I want my life back.

idolw

4:48 pm on Dec 2, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



use the knowledge you havbe to start a real business!
not just adsense #*$!, which you will never be able to make independent from the SERPs!
Build some sites for AdSense only, but concentrate on real service, one that you can successfully promote off-line, too.
That's what I'd do.

jdvjdv

12:40 am on Dec 3, 2005 (gmt 0)

10+ Year Member



I'm in a similar boat too - 22 and graduating in 1.5 years. I see my adsense sites (only have three currently) as assets to be invested in, but I think the thought of relying on them is frightening.

Affiliate sales just don't work for me yet, but I suppose if they do, it's a more reliable form of employ - at least there is a product at the end of the line and a customer who wanted it.

IanTurner

1:12 am on Dec 3, 2005 (gmt 0)

WebmasterWorld Administrator 10+ Year Member Top Contributors Of The Month



I did ten years 'working in a cube' as people put it before the internet really arrived. I was seriously along the road to ruining my life/body/everything on alcohol and other vices.

My advice is go it alone or build up your own company, even at your age it makes sense. Personally after telling my boss where he could stick his nine to five job (this was before the days of Adsense and with almost no internet marketing experience) I would rather become a road sweeper than take another job in a cube. (You'd meet a better class of person for a start)

GoldenHammer

2:03 am on Dec 3, 2005 (gmt 0)

10+ Year Member



Save all your AS earnings, learn how to invest on your saving for a long-term re-current income to support your basic life.

Find a favorite job.

emodo

5:08 am on Dec 3, 2005 (gmt 0)

10+ Year Member



or use adsense earnings to pay for wife's med school bills, become den-dad/webmaster.

jetteroheller

6:56 am on Dec 3, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Find a favorite job.

Publisher and journalist living from AdSense.

Would You know a more secure job?

JuniorOptimizer

10:48 am on Dec 3, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Working for yourself instead of a soul-sucking job with no guaranteed future anyway? YES.

Building a business model based mostly on AdSense: NO. My first suggestion would be to cut AdSense to less than 1/2 of all your revenues.

I spent a lot of time building AdSense sites, just to watch the income continously erode. If you have multiple revenue streams, it's meaningless.

Working for yourself is a decision. I started working for myself in 1992 and have never regretted not working some bunk job somewhere. Good luck to you.

invisible

11:33 am on Dec 3, 2005 (gmt 0)

10+ Year Member



Without a doubt work for yourself. If you built a website that's making you $1,500 a month while doing it part time you can easily make $5,000 a month doing it full time. It might take a year or two to get there but you will.

I just couldn't imagine having to work for somebody else. I do what I want to do not what somebody else tells me to do. I know the harder I work the more money I make. I was/am quite happy to work 12 hours a day 7 days a week because it was building my future rather than making somebody else money for all my hard work.

Now I'm making tens of thousands of dollars a month. I get up when I want to - I work when I want to - I do what I want to. I spend 6 months of every year traveling around the world just hanging out in different places. All I need is my laptop and an internet connection and I can work from anywhere.

At least take a year out and give it a go. If it does work out for you it will be the best decision you'll ever make. I hope it does and the best of luck for the future.

emodo

5:07 pm on Dec 3, 2005 (gmt 0)

10+ Year Member



Personally, I think if you want to make a career, you have to spend a few years and make yourself an authority site.

100 Adsense sites might bring in a pretty penny, but one authority site can opens hundreds of doors of opportunity on and off the web.

For example, one such path:

Step 1. Authority Site About Vegan Cooking.
Step 2. Articles about Cooking on Cooking.com.
Step 3. Articles about Cooking in Martha Magazine.
Step 4. Books about Vegan Cooking.

The basic point I am trying to make is that one should think of 100 adsense sites as a means to an end, rather than an end in itself.

nick_irvine

5:39 pm on Dec 3, 2005 (gmt 0)

10+ Year Member



Hi ccb9856,

Great post and everyone great contributions.

ccb I am 24 and after 4 yrs of work exp(in hotels, online marketing,affilate networking and now SEO for an online gaming company) have decided to go on my own and establish my own company in due course.

Though after 4 yrs of work exp I will tell you, every day , every moment was worth it.
I know i would have made more money if I had gone on my own before but this experience as taught me immensely in terms of things I should and shouldnt do in my own business. I learnt the operational aspects, marketing, customer service, risk management etc and most important it teaches you life which in my own experience and I am sure others would agree, is not taught in school.

These things are very valuable and help you to evalute your reasoning and understand what you want form life.
the point is, do a job (part/full time) dosent matter but try to get a hang of it ...while working on your websites. Once you start this and couple of years down the line few things can happen...
1) your own business is grown enough that you start employing others.
2) You have grown up the ladder in your job and are enjoying it but still can mange your websites side by side.
3) If both 1 and 2 are not working out, go and do your MBA or phd.

How would these points help:
Point 1 : Working for someone else, you would have alredy gone thru the trials and errors of a business and you wont make mistakes in your business.

Point 2: You would understand what is corporate world all about and it will help you to decide better what you want ot do in future.
Just like others say 10 yrs down the line you dont want to regret not getting in your business , I would say if you get into your own business now you might and things dont work out sometime don the line, you dont want to regret not having some work exp and getting a job.
Point 3: Once oyu pass out of MBA, its like a passport to corporate world ...it will help you grow up the ladder , get you a good job to and keep you options open for future.

I would suggest take atleast two yrs of work exp ...and in your case since you have other source of income (in the form of your websites), join a start up, you will learn more there.

Last but not the least whichever decision you take..remember that you are 22 ONLY, you can afford to take risky decisions ..afford to make mistakes but still can pull yourself back in fast and be on track. You have the most important thing in your control and that is "TIME" make the most of it.
All the best ccb9856.

Sorry everyone if I have made this too long..but I just wanted to make ccb9856 see both the sides of the coin.

regards,
Nick

AndyP

8:52 pm on Dec 3, 2005 (gmt 0)

10+ Year Member



ccb9856,

I'm in your shoes. I will graduate in two weeks with an engineering degree from a well-respected school.

I have been running sites for the past seven years (I'm 21), and I currently make an entry-level engineering salary with only 10-12 hours of work per week.

Based on much of the advice here, you'd think going into business myself would be a no-brainer. However, I have decided to accept a job with a small consulting company (non-internet related) and keep the sites as a side project. As my income grows, I will hire out the majority of my new development so that I can continue to grow my internet business.

Why? For the opportunity to learn from business-people and professionals with many more years of experience than myself, and for the continued personal and professional interaction. The idea of working "alone" was one that didn't excite me -- I enjoy the constant contact and the enthusiasm that stems from working with a talented team.

I'll tell you how it affected my job search -- I only considered opportunities I was truly excited about, and that made all the difference.

Hope this helps you make your decision!

Jane_Doe

10:40 pm on Dec 3, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



100 Adsense sites might bring in a pretty penny, but one authority site can opens hundreds of doors of opportunity on and off the web.

And when that one authority site gets nuked in one of the algo changes? I think some of those doors might close pretty quick. :)

There are posts here after each major update of people living off free search engine traffic for one site, losing their rankings and then being in a total panic over what to do for income. Or worse yet they have to lay off their staff because of their own lack of contingency planning and a risky business model.

One site is not so risky only if you have other ways of getting traffic besides free search engines listings.

emodo

10:52 pm on Dec 3, 2005 (gmt 0)

10+ Year Member



And when that one authority site gets nuked in one of the algo changes?

I don't think authority sites have to worry about nuking, I don't see Brett launching 100 adsense sites just in case WebmasterWorld gets nuked.

idolw

11:37 pm on Dec 3, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



i will repeat.
build sth real with the money from adsense.
This will make sure you are safe and open great horizons in front of you.
I am 24 and just started from sth real to later head to adsense sites as a hobby.
I will tell you how I am doing in 5 years ;-)
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