Getting my shit in order !
I’ve lately been facing some time management problems. I have not really been as productive as I would like to be. Like you people know, I run a bunch of websites and go to a engineering college. College is demanding and thus I am not really able to focus much on my side business. Things were going decent as I could normally make up for the lost time during the vacation.
But lately, I have noticed something. My revenues have been very range bound. I was recording 10% month on month growth during the early months of 2011. I know that is a unrealistic growth rate and it was always going to be hard to maintain. Currently, things are looking bleak. Revenue has been falling at close to that rate.
I have been looking into causes of the decline. There were many. Google’s Panda update lead to 150$ in lesser revenue every month. Filesonic going down caused a loss of another 500$ every month. That is like 650 $ rite there. I have another site which is very dynamic in the SERPS, so you never know how much it makes.
To combat this volatility and decline, I decided to pay much more attention to core of my business and try out things which I didn’t before. Lets talk about the core first, I’ll be paying greater attention to assets which I already have and take it to the next level and regarding the later, I’ll be making new sites every month and expanding my networks. I have also been looking into verticals like local marketing. My preliminary calculations suggest that it could be feasible and there is decent money to be made. But before I could start raking in clients, I need to have a decent portfolio to convince them which I’ll be working over the period of time on.
At the end of the day, I think its going to be a steep climb. Lets see if I can really implement all what I’ve planned.