Very true – it may be best for many to just start building one business at a time (although I also mentioned the “intra company” strategy of finding multiple sources of income within each business so that you are never too reliant on any one source of income).
Credit Card Chaser´s last blog ..Win $500 in the 2009 Credit Card Chaser Love/Hate Credit Cards Contest

What a lot of people argue is that its often better to focus on one particular business rather than spread your efforts across 4 or 5 different projects.

Otherwise, I think FS is asking good questions here.

Thanks,

James
James ´s last blog ..The End of Pennies?

Your computer programing/coding skills are a big help, as I know jack do do! But, it’s fun to learn, and once the basics are set up for a blog at least, everything else is pretty easy.

I definitely read the 4 hour work week. Good book, and catchy title.

I’ve decided to pursue my full time job to build my financial nut, but do something online, on the side. It’s been fun so far!
Financial Samurai´s last blog ..Everything Is Relative Superstar – Being Happy With What You Have

I used to work around 80-100 hrs a week but now I work a much more typical work load because I try to automate as much as I can (and outsource certain things). My thinking was to work as much as possible right away so that I could then be freed up to do other things down the road (and have money coming in that I could use to outsource coding and other things that might take me like 5 hours to do and my coding genius friend like 10 minutes lol). One of my favorite books that talks about this is “4 Hour Hour Workweek” by Tim Ferriss which I am sure many have heard of.
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Good to hear from you man. Wow, 1,000 websites?! Where do you have the time? Do you ask others to set them up for you? I can’t imagine tracking more than 10 websites, let alone 1,000. That’s incredible!

Just doing some simple math, given you said some have made X, and others XX,XXX (! nice), if the average income per month is $100 (XXX), then $100 X 1000 = $100,000/month. Is that a fair, or even conservative assumption? If so, I gotta get cracking! hahaha, b/c that is just huge wealth!

Thanks for your compliments on my site. I enjoy reading your comments. Do you mind letting us know how many hours a week you work?

My dream is to just retire in 8-10 years, and just focus on 1 or 2 websites to try and bring in $100,000-$200,000. I figure, after 8-10 years at building a brand, I can’t possible fail, can I?

Best,

FS
Financial Samurai´s last blog ..Everything Is Relative Superstar – Being Happy With What You Have