August 27, 2008
Earlier this month, Daily Blog Tips interviewed Timothy Sykes, who is making more than $50,000 monthly with his blog:
You claim to have earned $45,000 from your blog last month, and that your traffic is 3 times smaller than John Chow’s one. How is that possible?
My business model is different, he’s all ad and affiliate-based, while my focus is on creating educational products through my own publishing company, BullShip Prress, LLC, namely my PennyStocking Instructional DVD that makes penny stock trading understandable and TIMalerts, a real-time trading alerts subscription service, both of which I promote endlessly through my blog.
Mind you, I tried Chow’s business model—admittedly only half-heartedly because I have problems promoting all the frauds in finance–but it didn’t work for me…so I adapted.
It’s an interesting interview to read primarily because of the discussion around the question above. Timothy’s income is less about advertising and affiliate income and more about using his blog as a method to promote his product lines – and then pocketing the much higher profits when those products are sold.