As most of you know, my goals for my online earnings are set quite high.  $600,000 is a lot of money to earn, and it will take a long time to do so.  I thought I would share some of my plans to earn money towards the airplane.  I hope to launch some of these plans when my exams are finished April 24th.

Forums - Most people will tell you right off the bat that forums are a crap way of making money online.  In part, I’ll agree, you will not make money any time soon when you launch your forum.  The click-through-rate on them are usually horrible and without major traffic, you won’t earn a lot.  Before I start making forums sound like a bad idea, you should also know that there are a lot of forums around banking some major cash.  I have a friend who works for some popular forums, earning over $500,000 a year.  Forums tend to make better money off private advertisers / sponsors than they will off of AdSense.

My plan is to launch 3 forums by September, with hopefully more in the horizon.  I’m going to allow for a few months in between each launch to allow time to dedicate to that forum to make it succeed.  Here are some of my forums which will launch this year:

  • A Webmaster Forum - most people will tell you this is a saturated niche.  They are right, but I believe I have something which will make this forum stand out.  I also have quite a few people interested in making this forum succeed due to the fact that DigitalPoint sucks (more on that later) and they want a better forum to go to.
  • An Aviation Forum - It fairly obvious that I’m interested in aviation.  I would really like to launch an aviation forum to suit the wide range of aviation topics.  I know there are a few forums specific to pilot jobs, but not much in the range of general aviation.  I believe that this is a niche which will earn a lot of money.
  • A Detailing Forum - Detailing is a hobby of mine which I enjoy.  During the summer I like to keep my car in pristine shape, and I would like to start a forum about this.  I would likely earn money through this forum with the detailing stores sponsorships and affiliate links.

Other ways to make money:

  • This Blog - I’m hoping to get this blog earning $500 a month by the end of the year.  I think this blog will be successful due to the aviation twist I’ve added to it, something that no other bloggers done as far as I can see.
  • Proxies - I might be tempted to start up my proxies again.  I was earning $400-500 a month last year with them, what can it hurt to get theme up and running again.  Its only more money in my pocket.
  • eBooks - I’ve earned quite a bit off eBooks in the past, I’m hoping I’ll think up a topic for a new one since each eBook I release earns me an average of $600.

If anyone is interested in any of these ideas, more specifically the forums, let me know.  Any help would be appreciated, I think we would be able to make some great communities.

Sorry for the semi-self centered post.  I started exams today and this is really all I could think of, I won’t be online much for the next week but I’ll try to post as often as possible.

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