About bphifer
Rank 57786
74 followers Joined April 2017
I'm new to discovering ways to make passive income online. Looking for more freedom to spend time with my wife and kids and focus on

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1

Questions

2

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asked in
Keyword, Niche and Market Research
Updated

Please read my breakdown so you can share your opinion...I need it!

I have a vision to make passive income qso I can travel the countryside with my family in a RV. I'm s

That's very similar to my main niche. There are a LOT of things to write about. And it is very strong in Youtube. What they have you build in the Certification training is an Authority site, which is a niche but fairly broad. That's what I'm doing, and what you have chosen. There is also the technique of a mini-niche site, sometimes called the micro-niche. Jay (Magistudios) has a 4 part video series on how he builds them. You can have many mini-niche sites. They are hyper focused.
You can't live off of the income of one mini-niche site, but If you have several, you can. They aren't that time intensive to maintain.
Whereas a good Authority site can make a full-time income.
It is like the difference between a landlord renting out a few small houses vs 1 larger multi-unit building.
Just as in real estate, you can either hold a portfolio of mini-niche sites for long term passive income or flip them for a larger but more time intensive income.

Thanks! I'll check this video out

Why can't you write about your journey in acquiring an RV. What you looked for, what decisions you faced, what you did about downsizing, what you did to accommodate your families needs, etc. etc.
Write about what went on getting ready to go on the road. I would imagine there would be people interested in that. Lots to share that makes sense even though you do not have an RV yet.

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Is it okay to have multiple sub-niches?

Is it okay to have multiple sub-niches?

asked in
Keyword, Niche and Market Research
Updated

Please read my breakdown so you can share your opinion...I need it!

I have a vision to make passive income qso I can travel the countryside with my family in a RV. I'm s

That's very similar to my main niche. There are a LOT of things to write about. And it is very strong in Youtube. What they have you build in the Certification training is an Authority site, which is a niche but fairly broad. That's what I'm doing, and what you have chosen. There is also the technique of a mini-niche site, sometimes called the micro-niche. Jay (Magistudios) has a 4 part video series on how he builds them. You can have many mini-niche sites. They are hyper focused.
You can't live off of the income of one mini-niche site, but If you have several, you can. They aren't that time intensive to maintain.
Whereas a good Authority site can make a full-time income.
It is like the difference between a landlord renting out a few small houses vs 1 larger multi-unit building.
Just as in real estate, you can either hold a portfolio of mini-niche sites for long term passive income or flip them for a larger but more time intensive income.

Thanks! I'll check this video out

Why can't you write about your journey in acquiring an RV. What you looked for, what decisions you faced, what you did about downsizing, what you did to accommodate your families needs, etc. etc.
Write about what went on getting ready to go on the road. I would imagine there would be people interested in that. Lots to share that makes sense even though you do not have an RV yet.

See more comments

asked in
Keyword, Niche and Market Research
Updated

I am really trying to understand how a niche makes money. They say there's no bad niche, but since I don't understand how they make money, I can't figure out how to determine

Hi, The first question is. What do you want to do? Then you have to find something that won't bore you. Whatever you choose you can make it work, so don't be hesitant you will be find.

Hi,

it all gets explained in the training.
Basically, you need to find products that fit your niche.
Sell those products (either directly or as an affiliate partner) and make money.

There are other ways of monetizing a site: Cheers
Moritz

How does a niche make money?

How does a niche make money?

asked in
Keyword, Niche and Market Research
Updated

I am really trying to understand how a niche makes money. They say there's no bad niche, but since I don't understand how they make money, I can't figure out how to determine

Hi, The first question is. What do you want to do? Then you have to find something that won't bore you. Whatever you choose you can make it work, so don't be hesitant you will be find.

Hi,

it all gets explained in the training.
Basically, you need to find products that fit your niche.
Sell those products (either directly or as an affiliate partner) and make money.

There are other ways of monetizing a site: Cheers
Moritz

Login
Create Your Free Wealthy Affiliate Account Today!
icon
4-Steps to Success Class
icon
One Profit Ready Website
icon
Market Research & Analysis Tools
icon
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icon
Core “Business Start Up” Training