SEM Tycoon

**Moelman** · 07-17-2006, 10:45 PM

So I'm looking to make some money online since I was unable to get a job this summer. And since I don't have any income already, the only source of money I have is my bank savings account. I still live at home, and for me to get my father's approval of opening a paypal account on my savings account, I need to present him with a kind of business plan of how I will be earning online. I've done some research on it but I still have some questions.

So I guess my biggest question is, is Adsense the biggest way to make money online? Does that supply most of your income online?

I know about offering sponsorships on forums and premium memberships. Are there any other major ways of earning from websites and forums?

These are the major methods that I know about but I would be open to more suggestions if there are other ways.

Thanks for any help and suggestions you may offer

**Hobbit** · 07-17-2006, 10:49 PM

Are you familiar with making sites? How much money are you willing to invest in your business? The second question is the most important. I'm poor hah, so I don't invest much, which is probably why I don't make much. Most of my money has come from link sales, NOT advertising.

Good luck.

**Moelman** · 07-17-2006, 11:01 PM

I'm familiar with web development but I have never made any money off of them.

Probably at the start I do not want to invest much because of my inexperience. Once I get more familiar with it I would be willing to invest more. My main thing is to come out with more than I start with, lol, so that is why I want to be careful how much I invest at first.

**Kfleming** · 07-18-2006, 12:47 AM

I started out in the same situation as you. Im a student also... at Savannah College of Art and Design. I could never bring myself to get a "summer job" and work in retail or anything that involves dealing with customers cause people piss me off. So i started http://www.infinitylabs.net as my summer project back in April in hope that it would generate some money by the fall for school. It has only been up for a little over 2 months now and it already recieves 7-10,000 uniques a day and is generating very good money... more than i would make actually working anywhere. If you dont have a lot of money to invest but you have TIME, blogging is the way to go. It takes time, a lot of time, but it all pays off if you keep at it.

**Moelman** · 07-18-2006, 10:58 AM

Thanks, but I don't really need suggestions of what kind of site to make, I already have that all planned out. All I need are suggestions of which methods are the best to make money on a site. See my first post for specific questions.

**lyndoman** · 07-18-2006, 11:41 AM

60% to 70% of my income comes from adsense and the rest from Casale banners and consulting.

I don't think it's best to base your income on one system, but to spread it around. In the end the only person who can answer this is you. Run A/B tests on a number of systems and see which performs best, which is how I found to maximise my income. On numerous times my traffic has remained constant but because I constantly test new income streams, income has steadily rose.

I don't think anyone can give you a definitive answer, as maximising revenue is a subtle and nuanced art. You simple have to apply a system of tests.

**grimtaash** · 07-20-2006, 06:58 AM

Find some template business plans on google and then alter them with your proposal