May 5, 2008, 6:00 am

How To Create An Alternative Source Of Income Part 8

by: The Financial Blogger    Category: Alternative Income
email this postEmail This Post Print This PostPrint This Post Post a CommentPost a Comment

– The Idea Behind M35 –

It is now official, we received the incorporation and opened a corporate bank account for our company; M35. What was created in our mind a long time ago is finally taking a real shape in our lives. Will it change anything to The Financial Blogger? Hell no! I will remain the blogger behind TFB and it will be completely transparent for its readers. Today, I’m writing about our company to encourage and give idea for those who think about doing something.


Yet another dot com company!

While our plan is definitely not to become a YouTube or a Facebook, we still added another dot com (we technically should say dot ca!) company to the register of companies. But our goal is different; we are not techy’s (especially me!) but we know that we can make a few bucks out of the net.

Create a steady flow of income

We don’t know where our adventure will end-up but the main purpose is to create a steady and growing flow of income. This is why we are looking in buying, building and maintaining web sites that are bringing monthly contribution in our pockets. This blog is a very good example as it has a very steady (and growing!) readership in a niche market. Guess what, this is exactly what advertisers are looking for!

When you want to advertise your products or services, the only limit of your marketing strategy is your budget. Since everybody is limited by money (the root of all evil… NOT!), when you place an ad, you want to make sure that you will reach potential customer. What is the point of advertising fat burgers in a nutritionist cabinet? This is exactly the same thing with the Web.

By maintaining good contents about a specific topic, you gather people with common interest in a single place. This is perfect segmentation for advertisers. So this is what we are trying to do with web sites included in M35.

Sky is the limit

While we are very aware that we will never become filthy rich with this project (or maybe we will, we never know!), we can use this steady flow of income to make us rich :-D. Once you created a money machine, you only have to keep it rolling and use its cash flow for a better use. Think of what could have done the farmer with the golden egg chicken! He could have probably buy most land in Manathan!

How To Create An Alternative Source Of Income Part 1

How To Create An Alternative Source Of Income Part 2

How To Create An Alternative Source Of Income Part 3

How To Create An Alternative Source Of Income Part 4

How To Create An Alternative Source Of Income Part 5

How To Create An Alternative Source Of Income Part 6

How To Create An Alternative Source Of Income Part 7

How To Create An Alternative Source Of Income Part 8

If you liked this article, you might want to sign up for my FULL RSS FEED. Then, you would get my daily post in your email and can read it at any time. To subscribe, please click HERE.

Similar Posts:

You Want More? Sign-up! ->
TFB VIP Newsletter


If you liked this articles, you might want to sign for my FULL RSS FEEDS. If you prefer to receive the posts in your email, subscribe CLICK HERE


Comments

Where’s Manathan? Way to go on the incorporation!

I tried incorporating once with my buddy’s when I was in 1st year university. Man o man the tax forms were hellish. Of course, we incorporated nothing, just an idea. You guys sound like you’re incorporating a real business.

Nice!

by: The Financial Blogger | May 5th, 2008 (6:28 pm)

It’s a great feeling to bring an idea to life but it will be even but once we make money out of it 😉

Sounds good! Who knows maybe this will be your money machine 🙂 I wish you luck!

[…] FT from Million Dollar Journey , Jonathan from Master Your Card and Pete (my partner in M35) accepted to write guest post for The Financial Blogger […]

[…] few months ago, I wrote a series on creating passive income. Since then, my company has been created and we started to make a few buck here and there. However, creating a passive income machine takes […]

[…] wise, it has been a pretty good year for TFB as well. However, since we decided to create an incorporation and invest most profit within the company, I don’t get much from it yet. On the other side, we […]