May 27, 2013, 4:19 am

Niche Site Duel 2.0 –Why I’m In and What I Will Do

by: The Financial Blogger    Category: Niche Website
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Last week, Pat from Smart Passive Income launched the Niche Site Duel 2.0. The first time he launched the Niche Site Duel, he ended-up building a site earning over $2,000 per month. To date, his site has earned over $50,000…

 

At that time, I was reading his journey to build his niche website and I was lazy. The idea of building a niche was super interesting. Imagine making money passively for the rest of your life! Isn’t that something that resonates with you? It does with me anyways! But I gave this project the effort I normally used to watch a good movie; I sit back, relax, eat some Doritos and wait until the movie finishes thinking “wow… that was cool”. End of the story. So I read the whole thing, gave it some thought, but never went further.

 

What’s Different This Time With 2.0

 

The idea is the same: create a resourceful site generating traffic….and money. The difference is my level of motivation in successfully creating a site generating money. I want to go through the entire process for once and see where I can go with that.

 

I’ve always been very good at studying and completing my exams successfully. After all, I was able to do an MBA while doing my CFP at the same time. The only thing it requires from me is focus. That’s the magic word. This is what is different with the 2.0 challenge: I truly want to be all-in this time.

 

I’ve failed to join challenge 1.0.

I jumped on other projects before I completed my authority website.

I won’t make the same mistake again this time.

 

How I Am Making Sure I Won’t Quit

 

I’m using two simple strategies to boost my accountability level:

 

#1 I’ve asked my partner and VA for support to do this (this implies I will need to tell them to stop working on this if I fail!)

 

#2 I already spent $100 in a single day to build my niche site. Money spent is probably the biggest motivator for me as I hate to lose money.

 

The $100 was spent to buy software for keyword research (Long Tail Pro Platinum) and the rest of the money was used to purchase two books on Amazon about the topic I want to write about (SECRET!!!!).

 

What’s Step #1?

 

I’ve already done a lot during my last day of blogging. In fact, I spent the whole day working on this!

 

Step #1 was learning the complete process of niche site building. I’m not the best at keyword research so I spent roughly two hours to learn more about this topic. I watched tutorials (the Long Tail Pro tutorials are awesome), read some articles and started practicing! Among the resources I used, here are the most amazing ones:

 

Niche Site Pursuits Webinar

Niche Selection by Pat

How to Use Market Samurai Part 1 and Part 2

Long Tail Pro Tutorials

 

Following many pros’ advice, I’m now convinced that my niche site has the potential of A) getting traffic and B) making money. Now it’s only a matter of building the site!

 

In a few days, I’ll receive both books and read them thoroughly, study my topic and start to write articles about it. My domain, design, keyword research, 50 posts ideas are all completed. I’ll share more about this new project of mine in a few months. I first want to make sure I can make it on my own and see how it goes.

 

If this site is making the money I think it could make, this will be the beginning of a whole new business model for my online empire.

 

This time, I’m going all-in, will you give it a try?

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Comments

I’m joining as well. I also already selected niche, and bought a domain. I’m sure it will be success for all of us!

by: The Financial Blogger | May 27th, 2013 (7:11 am)

Hey Jakub,

I’m looking forward to see you niche site :-). I’ve purchased my domain this morning too!

I’ll build a side section on TFB to show my progress as well. it will be called the Niche Site Diary.

I’m interested to see your progress Mike. JB and I tried the whole niche thing about 18 months ago, and we just found it so hard to keep up with Google’s backlinking guidelines. The other thing that hindered me was that I just didn’t have the patience to slowly apply linking efforts.

From everything I’ve been reading it’s increasingly more and more about getting niche-relevant backlinks from reputable sites right?

Congratulations on your purchase of Long Tail Pro! It really enables you to do keyword research just like the pros.

I am joining up as well. I have used LTP before and I agree it’s awesome. Have you started your KW research already?

by: The Financial Blogger | May 27th, 2013 (8:18 pm)

Hey Kevin, keywords research done, plan done and domain purchased too! it took me 6 hours though ;-)

@Kyle,

it’s a very tough game and this is how I end-up just watching the niche site duel 1.0 and didn’t do much. This time, I want to go all in and see if I can make those kind of websites!

I thought about joining but didn’t want to add another task to my already full plate of things to do. This is going to be epic since it seems that more people are joining so I expect great competitiveness and a lot of learning. Cant wait!

by: The Financial Blogger | May 29th, 2013 (5:57 am)

This is definitely the kind of project you go “all-in” or you don’t! Since it was in my projects to create more sites this year, it’s not too bad for me :-)

Hey FB great to read your post about your participation in NSD2.0 I’m also taking part and have made some strong commitments to stick at it and make it work. I’ve purchased my domain and will start site building next week. I’m on a tight budget so I’ve only made use of Google Adwords Keyword Tool. All the best to you and everyone who is taking part also.

Found your article in a general google search for Niche Sites. You ranked one of the first 5 sites…anyway I am interested in hearing what types of niches people have chosen thus far. Pat’s food truck idea is great but here in the midwest we don’t see very many food trucks. In the bigger cities only. I too will be participating in the NSD2.0 BUT I am a little different because currently I do NOT have a website. This will be my first and of course successful niche site! Good Luck Everyone…ps I think we should have a FB group!

[...] This is the second post about my future niche site where I’ll be part of Pat’s Niche Site Duel 2.0.You can read why I’m participating here. [...]

[...] a month ago, I mentioned that I entered Pat’s Niche Site Duel 2.0 with a new site. This is quite a challenge for me since I have started many niche sites in the past [...]