How To Make Money At Home

Alright, you asked us the questions, we’ll provide you with the answers!

Tess asks:

Hello,

I have a question. Which Wordpress Theme is this website using? I think it’s great!

Stanley: Previously, we were using a modified version of John Cow’s Milk It Premium Theme. The new theme that you’re seeing right now is a heavily customized version of the DarkZen theme.

Paulubiadas asks:

Aside from Commission Junction, what other affiliate network doesn’t need a need a call from the network to get your account approve.

I don’t have a telephone!

Stanley: Out the top of my head – Clickbank, PayDotCom. Also, like the others replied, Linkshare and Moreniche.

Tom – Free Blogging Success Ebook asks:

What is your favourite way to generate traffic to your blogs?

Stanley: Creating good content that people will naturally share and bloggers will naturally link to.

Josh: Social media sites like Twitter and Facebook have a huge potential traffic for your site, if utilized well.

Gloson asks:

How much traffic does The University Kid receive daily?

Stanley: 500-1000 unique visitors per day.

Nicole Price asks:

How much time per day do you devote to blogging?

Stanley: About 1 hour per day, while maintaining the site is a 24/7 job I spend most of my time running my internet business (blogging is just a small portion)

Michael Gaudet asks:

What auto-responder do you use at TUK to alert subscribers to every new post?

Stanley: Google Feedburner. I’ve also launched the TUK newsletter which will also alert subscribers when a new blog post is submitted. I use GetResponse for that (the best autoresponder service in the industry)

The Almost Millionaire asks:

Why do you not use adsense to generate revenue from this blog? It seems like with such good traffic and readership, it would do well?

Josh: A Direct Advertising solution is better than a CPC Advertising Network as there is no middle-man (i.e. Google), which means more revenue. This also enables us to have direct communications with the advertiser (e.g. about Price Negotiations, Ad Placements), something we can’t do with Google AdSense.

Stanley: Because you don’t make jack with Google Adsense. Just going to be a waste of real estate on the site. It’s way more profitable when you sell direct ads.

Ethan asks:

Now feel free to correct me if I am wrong, but it seems that TUK is a driven by social traffic, rather than search engine traffic – rending a contextual advertising service like adsense, almost useless.

Stanley: You are wrong about the social traffic. TUK is mainly driven by direct visits (i.e. people typing in the URL in their address bar). Second is Google. Third is Twitter. But you are right about that Adsense is almost useless for sites like TUK.

A asks:

Why do you think there are so few female internet entrepreneurs (compared to males)

When’s ProdigyMagic gonna launch? (it says april 2009!)

oh one more, where do you see the Internet going in the next 5 years?
Do you think it’s getting oversaturated, or just beginning its potential?

lots of questions

darn questions just keep coming to me

Question for both of you: What are some other good business books you recommend? (you mentioned the Rich Dad/Poor Dad series, the Four Hour Work Week)

Some I’ve liked are Freakonomics, Predictably Irrational; working through Microtrends right now. Always looking for good reads

Stanley: That’s a lot of questions Let’s take it one by one:

I have no idea why there are so few female entrepreneurs. Maybe it’s because of our culture – guys tend to be more geeky and tech-savy than girls. They are probably more into shopping. That’s just my guess.

ProdigyMagic.com will be launching soon. It’s been postponed because we (my business partner and I for ProdigyMagic – no it’s not Josh) decided that we wanted to do something else that is related to charity. Plus, we’ve both been overloaded with exams after exams.

The internet will continue to grow – exponentially. It’s nowhere near saturation and nowhere near it’s full potential. It’s only in its infancy and there are way endless platforms that have yet to be explored (semantic web, mobile apps etc) Especially in China, where internet penetration rate is only 22% (compared to 80% for USA) so there’s a huge room for growth.

Good books to read: A great one I just finished reading a few weeks ago was Once You’re Lucky, Twice You’re Good (if you’re into web 2.0 startups). I also love reading Donald Trump and Seth Godin’s books – I suggest each and one of their books are worth it (except for Trump’s How To Think Like A Billionaire - that was his only rubbish). The Irresistible Offer by Mark Joyner and ProBlogger by Darren Rowse are also pretty good. I’ve also heard good stuff about Joel Comm’s latest book Twitter Power (haven’t read it yet) although based on past records Joel’s stuff always rock. And of course, eMillions

Huggies Diaper Coupons asks:

When first starting out in trying to make money online do you think it’s better to start with 1 site and try and make it grow and then profit big from it or start with many small niche focused sites and make smaller profits from each one.

Thanks,
Steve

Stanley: If this was 2006, I would have told you to build 100 small niche sites with each making $10 per month, netting you $1,000. But things have changed – a lot. Now, I would say focus on one and build it BIG from there. Pick a niche that you’re passionate about, that’s not too broad (that your blog looses focus) or too narrow (that your blog has no room to grow).

Melvin asks:

well my friend, do you have any plans of changing the theme here? if yes then when probably and what are the type of themes you are looking at?

Stanley: We just did a few days ago

Jonas asks:

How do you sell your Direct Advertising Spots? What is the program used and how can I do the same?

Josh: We use a WordPress PlugIn called OIOPublisher. This plugin handles all your advertising buying and selling proceses, so that you can focus on what you need to do – blogging. The only thing you have to do is approve the advert. The script can be installed on an unlimited number of domains and also works with PayPal subscription.

OIOPublisher usually costs $47, but for The University Kid readers, you can use the following code: INDIGO-UNIKID to get a discount of $10 off. You can easily make that money back with your first ad sale.

Jos asks:

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