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Domain Flipping: Make Money Buying and Selling Domain Names

Domain Flipping: Make Money Buying and Selling Domain Names

There’s an entire underground world on the internet of people buying and selling domain names, it’s called Domain Flipping. Thing is, anyone can do it and make money. Think of it like flipping real estate, but instead, you’re flipping website domains.

What is Domain Flipping?

Similar to real estate flipping. You are flipping website domains. These are the addresses you type into your internet browsers that direct you to the website you’re looking for. These are the addresses that end with (.com), (.org), (.biz), (.net) and so on. In total there are about 280 different domain extensions.

Domain Flipping is buying these addresses for a low price and then selling it for a higher price.

Crazy Domain Flipping Success Stories

If you’re curious to how much people have made while buying and selling domain names or domain flipping, here are some examples of success stories that have hit the news.

Page Howe once owned the domain name “Seniors(.com)”. He originally purchased the domain name for $100,000, which is a lot mind you, most domains sell for $12. He later sold “Seniors(.com)” for $1.8 Million or $1.5 Million after his broker commissions.

In a similar fashion, Page Howe also owned the domain name Guy(.com) and he sold that a few months later for $1 million. If he bought that for the average $12 for a domain name, he made an 83,333% profit buying and selling domain names.

Here are some other crazy sales in the millions

  • Cameras(.com) was sold in 2006 for $1,500,000
  • DataRecovery(.com) was sold in 2008 for $1,659,000
  • Computer(.com) was sold in 2007 for $2,100,000
  • CreditCards(.com) was sold in 2004 for $2,750,000
  • Candy(.com) was sold in 2009 for $3,000,000
  • Toys(.com) was sold in 2009 for $5,100,000
  • Business(.com) was reported to have sold in 1999 for $7,500,000
  • Hotels(.com) was sold in 2001 for $11,000,000

What these success stories have in common

All these success stories have one major thing in common, they are typically one, generic word. There is a HUGE advantage in having a small, easy to remember domain name. If you’re a company that sells cameras, having the domain name Camera(.com) is beneficial. You’re in a prime marketing spot online for people to looking to buy a camera.

Think about these common word website domains as the New York Times Square of real estate in the digital domain world. You’re buying these website domains because people are familiar with those words. The more common a word or phrase is, the more valuable it can be.

Currently, the (.com) domain extensions are the most popular, but like I mentioned. There are 280 different types of domain extensions possible. Most people though associate a web address with a (.com) extension. So I will focus on these.

In the future, other well-known extensions like (.co) will become more popular but we’re not there yet. If you’re looking to buy a domain and sell it, you’ll likely want a (.com) extension.

Here’s How To Start Domain Flipping (I tried it)

Looking at some of these success stories, I wanted to give it a try.

I likely couldn’t find any one-word domain names (most are taken) but I could find a couple popular phrases that have an available domain name.

Here’s how I started.

Step 1 – Find Popular Phrases

To find popular phrases I opened up the Google Keyword Planner. This free tool by Google, allows you to find out how often a word or phrase is searched in Google. A phrase like “Yoga Mat’ has on average, about 10K – 100k monthly searches. That’s A LOT. However a more niche phrase like “Good Yoga Mats” only has 100 – 1K monthly searches. These seem similar, but I wanted to focus on the exact popular phrase that people are searching for.

The more searches your popular phrase gets, the more valuable your exact domain name could be. Try finding popular phrases with the Google Keyword Planner.

Google Keyword Planner for buying and selling domain names

Words/Phrases to consider:

Choose Niches that make money: People will buy a website domain if they think they can use it to make money. So buying popular phrases/words that could be associated with selling something like computers(.com) or hotels(.com) could be used by a company to sell computers or hotel reservations. However, something like Warof1812(.com) may not have the same business potential.

Local Domain Names: Something like TireRepair(.com) may be taken but you should also look into DenverTireRepair(.com). Sometimes local cities have high search rates that may have an available domain. It’s definitely decreasing your audience the more you niche down, but your chances of having an available domain increases.

Future Potential: Think about what’s next in the world and see if you can buy the name first. Do you know rocket powered sneakers are the next big thing? Try buying the domain name RocketPoweredSneakers(.com) and sell it when it’s at the peak of popularity. It’s currently available, I checked, you can buy it now.

Current Craze: When PokémonGo was HUGE last year, my domain flipping friends (Matt of Handshakin.com is one) were all about buying domains like PokeStopNearMe(.com) and other related domains associated with the PokémonGo craziness. It’s like the day trading of the domain world. You’re buying domains during the hype and hope to sell them for a higher price quickly before the hype fades.

Date Names: Do you like to think about future events like the 2030 Olympics? Think about buying the domain 2030OlympicStadium(.com) or other Date Names that could be a hot item to buy when the date gets closer.

Avoid Trademarks: You do need to be careful from a legal standpoint. If you choose a name that too close to a trademark name like McDonaldsBurgersSuck(.com) it could result in a lawsuit that could force you to give them the name for free. In general, I try to avoid buying and selling domain names close to a trademark name.

Step 2 – Filter Popular Phrases with available domain names

Once I did a search of any phrase, I would immediately download the results from the Google Keyword Planner and export the list to excel. Usually, you could only download around 750 results from the Google Keyword Planner at a time.

I would copy and paste those phrases that had above one thousand searches a month into GoDaddy’s Bulk Search Option to see how many of those phrases are available. It’s great you can search up to 500 phrases at a time to see if there is a (.com) domain extension available.

GoDaddy Bulk Search find finding the right domains for Domain Flipping

Now I used GoDaddy because it’s a simple and easy way to search for available domains, but it’s definitely not the only game in town. I use my hosting service, Bluehost, to actually buy my domains, to keep them all in one place.

I repeated Step 1 & Step 2 a lot, like 5 hours on Sunday to find popular phrases that have high monthly searches or future potential.

In the end, I had a small list of available domains with how often they’re searched for online. The longer you do this, the larger your list could be of popular phrases of available domain names to buy.

  • Domain Name
  • IHateCold(.com)
  • ReallyFunnyJoke(.com)
  • ThisExists(.com)
  • FunnyOfficeGifts(.com)
  • BoredDefinition(.com)
  • CharityDefinition(.com)
  • OfficeBoredom(.com)
  • WaysToEarnMoneyFast(.com)
  • ThingsThatAreBlack(.com)
  • Average Monthly Searches
  • 100 – 1k
  • 10k – 100k
  • 100 – 1k
  • 1k – 10k
  • 10k – 100k
  • 10k – 100k
  • 10 – 100
  • 1k – 10k
  • 1k – 10k

Step 3 – Buy your Domain with the most potential

After veting my list for a while, I knew I only had a budget to buy 2 domain names. So I limited my selection to the very best.

The two domain names I bought were:

  1. ReallyGoodJoke.com – The phrase alone “Really Good Joke” has between 10k – 100k average monthly searches, this is the highest searched name I found. Meaning that people are regularly looking for a really good joke. So having the domain name that matches exactly this search, will be very valuable.
  2. IHateCold.com – This phrase only had 100 – 1k monthly searches but I think it’s a phrase that has winter sports gear potential. Typically when people are buying cold weather gear they are thinking “I hate the cold” and if a business capitalizes on that feeling with this domain name, it could be profitable.

Sad Fact: I bought both of these for $11.99 but that’s only a 1 year license to own these. So it’s more like leasing. You have to renew your ownership of domains every year. So holding both of these domain names for 10 years will cost a total of $260.

The two domains I bought for my first Domain Flipping experiment.

Step 4 – Market Your Domain Names for Sale

Just because you bought the domain name, people aren’t magically going to email you offering millions of dollars for your domain. You have to let people know you have it for sale and how it can benefit them.

My next steps:

  1. Parking the Domain Name: When you park a domain name, every time someone enters IHateCold(.com) into their web browsers, a page with a few ads and sales info is shown. So you’re letting the visitor know that the domain is for sale and you make a few cents on the ads displayed for views. There are several domain parking services for when their buying and selling domain names, but I’ll go into that in another post.
  2. Contact Potential Buying Companies: With my domain IHateCold(.com) I will email the marketing teams of some of the large winter clothing companies and let them know of the available domain to buy and a few potential slogans they could use with the domain name. This is a very “I’m here to help you” scenario that I’m curious to see how it plays out. They’ll have to learn about the domain name for sale somehow, right?
  3. Wait for people to contact me: When I bought my two domains, I didn’t pay the extra $12 for Domain Privacy, learn about Domain Privacy here, so anyone can look up the owner of IHateCold(.com) and ReallyFunnyJoke(.com) in the ICANN WHOIS Database. It can tell you whoever owns any website unless that domain owner pays for domain privacy. So if someone was really interested in any of my websites, they could look me up and shoot me an email about their interest.
  4. Auction: There are numerous auction sites where people buy domain names. Just because they didn’t think about the potential name IHateCold(.com) before doesn’t mean when they see it in an auction, they won’t buy it. You may make a few bucks just because you thought of a creative name they didn’t think of.

If you’re looking to Auction a name, here are some popular sites you can auction your new domain name.

Usually, these auction sites take 20% – 30% of the sale. They take so much because they are providing the audience that is actively looking for buying and selling domain names. Otherwise, it’d take forever to sell a name.

Don’t expect to sell your domain right away, it sometimes takes months or years to sell a domain name. Sometimes not at all. Not many people make buying and selling domain names a full time business. For most domain buyers and sellers, it’s a part time job.

A lot of people who are regularly buying and selling domain names have a portfolio of hundreds of domain names. A sale of a website name for $6,000 might sound like a lot, but often times it only pays for their library of domain names they’re paying an annual subscription to hold.

In the end, a domain name is only as valuable as the price a buyer is willing to buy it.

Conclusion on Domain Flipping

We covered a lot, what is domain flipping, some crazy success stories and step by step guide to buying and selling domain names. This is something you could totally start right now as another way to make money.

I’ll be honest I’m just excited to own a couple of website domains, they’re my own little piece of the internet. I’ll likely hold onto these for a couple of years if I can’t sell them right away.

The fun part of this is the potential to discover those hidden gems like hotels(.com) and sell it for $11M down the road. It’s not likely to happen for the domains I have, but I now know the process. I can be on the lookout for website domains in upcoming trends. I’ll let you know how it goes!

How to Start a Blog – When You Know Nothing About Blogging

How To Start A Blog Header Image

How To Start A Blog

Two of my friends want to learn How to Start a Blog. Justin wants to start a cooking blog and Emma is going to start a travel blog. Since I’ve created over a dozen websites/blogs, I wrote them a guide on How to Start A Blog When You Know Nothing About Blogging. They’ve never set up a blog before, so this is a complete guide (tons of screenshots) for setting up your first blog.

No matter if you want to set up a Finance, Fashion, Travel, Cooking or Photography blog. This guide will set you up with your own unique blog in 20 minutes.

Why Do People Start Blogs?

Both Justin and Emma want to learn how to start a blog so that they can do what they love, write! They want to write about topics they’re passionate about and knowledgeable on. Their goal is to make enough money with their blog, so eventually, they can quit their job and work from home blogging. It’s entirely possible and super easy.

Other popular reasons people start blogging are:

  • Make Money from blogging Anywhere – Many people make a great side income or full income from writing about what they love and know. Plus you can do it anywhere, at home, in a coffee shop or in an RV traveling the United States.
  • Self-Publish Writing – If you have a story you want to tell, but don’t have the resources to find publishers and print hundreds of books. Try starting a blog and share your story immediately. You can start to build an audience and become an expert in your field with a website.
  • Promote a Business – If your business isn’t online, it doesn’t exist. This is how people find if a company is open, what it does and how it affects the community. A blog is a simple and FAST way to get your business online and start reaching customers.

Save time, don’t use third party blogging websites.

Save yourself so many future headaches when learning how to start a blog by NOT using a third party blogging site. Some people start blogging on these because they think it’s easier than setting up your own blog, but it’s not.

If you use a third party website like Blogger, you won’t have a custom domain (like WalletSquirrel.com, it’ll be something like www.blogger.walletsquirrel) which comes off odd, then you’ll pay tons for add-ons to get the look and feel you want and you’ll never have complete control over your own blog.

One of the biggest reasons to start your own blog is so you can later make money off of it. You just can’t easily monetize if you use a third party website. Click here to start your own blog on WordPress.

WordPress is the most popular Blogging Platform, use it!

Most blogs use WordPress, in fact, 25% of the websites on the internet are run by WordPress. That’s the ENTIRE internet. Every website I’ve ever built runs on WordPress because it’s SUPER easy and convenient. If you learn the easiest way to start a blog, start your blog on WordPress.

Easy Steps on How To Start A Blog

Here is the basic overview on how to start a blog. It’s really simple to set up a blog in 20 minutes.

  1. Figure out what your blog is about
  2. Decide on a domain name
  3. Choose a web host (I use Bluehost because it’s one of the best, and cheap)
  4. Click 1-button install for WordPress
  5. Start writing for your blog & customize

Easy Step 1 – Figure out what you want to blog about

Whether you’re creating a finance, fashion, cooking, travel, photography or business blog. You want to have a solid idea about what you’re going to write about.

If you’re like Justin wanting to create a cooking blog, it helps if you niche down to a Gluten-Free Cooking Blog or Farm-To-Table Cooking Blog. If you don’t niche down, your blog will likely get lost in the sea of other cooking blogs. When you niche down to a specific cooking blog, your blog will stand out more and be recognized as THAT Gluten-Free Blog or whatever you want to write about.

Also when you’re thinking about “How to Start a Blog”, think about how your blog could grow and make money in the future. If you want to create a Gluten Free Cooking Blog, start thinking about how you could incorporate affiliate links into your favorite recipe books and cooking tools or where advertisements may go in a sidebar.

The better you can visualize and plan what your blog may become, the easier it will be to come up with a name and direction for your new blog.

Easy Step 2 – Decide on a Domain Name

Domain names are what people will type into their website browser to find your website. It’s your online address.

Not going to lie, when I started Wallet Squirrel I had over 100 domain name ideas. I would daily write new domain name ideas in my phone like “MillennialRetirement.com” and search GoDaddy.com to see if they were available. It wasn’t….

I always use GoDaddy to see if a domain name is available because it has a nice and clean search option to find available domains. So think about different domain ideas that relate to your website and use GoDaddy to see if they’re available. A good domain can really help your website. However, don’t buy a domain through GoDaddy. When you sign up for web hosting through Bluehost later, you’ll get a free domain name.

I always chose a (.com) domain because those are the most trusted domain extensions. If I chose “MillennialRetirement.net” it would not only sound cheesy and made up to me. People might be hesitant to click on it because most web sites are (com). You could take a risk choosing a different extension like (.net) or (.co), but I wouldn’t.

Get creative and find a unique (.com) domain that’s:

  • short
  • easy to remember
  • easy to type
  • reflects what you want to write about

Before I settled on WalletSquirrel.com I went through TONS of different domain name possibilities. Here are a few.

Potential Website Names When I Started this Website (Wallet Squirrel)

  1. Dividend Student (.com)
  2. Millennial Dividends (.com)
  3. Get Dividends Monthly (.com)
  4. All Dividend Revenue (.com)
  5. The Dividend Experiment (.com)
  6. Perpetual Dividends (.com)
  7. Dividends Wanted (.com)
  8. Invest The Hustle (.com)
  9. Dividend Army (.com)
  10. Div Push (.com)
  11. Dividend Entrepreneur (.com)
  12. Div Effect (.com)
  13. Dividend Pursuit (.com)
  14. Test Earn Invest (.com)
  15. Dividend Invested (.com)
  16. Dividend Theory (.com)
  17. Div Rule (.com)
  18. Think Dividend (.com)
  19. Dividend Passive Income (.com)
  20. Wallet Squirrel (.com)

You may get the idea that I was pretty focused on Dividends. However, like I mentioned in Step One, think about the future of your site. I considered expanding beyond dividends and the stock market, so I went with Wallet Squirrel with the tag line “Save your nuts”. It was relatable to finance with the word “Wallet” but fun with “Squirrel” and the tag line “Save your nuts” is pretty memorable. This way I would have some flexibility on how I wanted to grow Wallet Squirrel.

When you’re planning how to start a blog, think about how your website may grow. I usually think about my websites like TV seasons. Where do I want my website to be in season 4? Does my domain name idea still make sense?

Easy Step 3 – Choose a Web Host (Important)

This is the virtual cloud that will host your blog. Think of it digital real estate that will house your blog on the internet. Your web host will affect how fast your site is, how much you pay and how good their tech support is.

 

I personally use Bluehost for all my websites (including Wallet Squirrel) because it’s the best price for how fast Bluehost runs my websites (Google ranks faster websites higher) and their tech support is amazing. I just shoot them a text on their website if I have a question and they solve any issue in minutes, it’s the best. You can even just chat with them before you sign up on how to start a blog.

For reading this post, you can use my referral code to get a great discount on hosting and start at $3.95 per month. Plus you’ll get a free website domain (your internet address), which normally costs $12.

 

Other reasons to use Bluehost for your first blog

  • WordPress through Bluehost is free!
  • There is a 1-click button to automatically set up WordPress on Bluehost (EASY & FAST)
  • Bluehost is faster than most web hosts, which will better your Search Engine Optimization (SEO)
  • Hosting your own website on Bluehost looks more professional than a third party site like Blogger
  • Their Tech Support works with tons of new bloggers like you, and you can text them rather than calling (I love that!)
  • 30-Day Money Back Guarantee. No risk if you don’t like it.

Fill Out Some Info

Select the plan you like (you can upgrade/downgrade anytime) and fill out the general account and billing Info. This is what the General account information will ask you.

It’s really not that intrusive. You don’t have to fill out a social security number or anything too personal. Once you fill out the “account info” you scroll down for the package you want. The “package information” or hosting options seems really intimidating to someone who’s never signed up before, but only because you’ve never done it before. Here are the options.

Here is what I choose for my websites.

  • Account Plan – If you’re just starting off, keep it cheap and choose only 12 months. If you really like blogging, you won’t mind paying for a new plan in 12 months. If you don’t like it, you didn’t spend that much money and you always have your 30-day money back guarantee.
  • Domain Privacy Protection – The internet has a database for which websites are owned by who. Domain Privacy allows you to keep your name off that list so you don’t get bugged by sales people who found your email as the owner of your new website. I usually order this.

Everything else is not really needed. I’d consider adding additional services only once you get more familiar with your website and find a need. There is no need to pay for things before you realize if you need them or not.

You’re Signed up!

That’s it! Once you sign up, you’ll get a confirmation email that will take you to your Bluehost menu. You can start right away, no 3-5 business day set up time.

Easy Step 4 – One Button Install For WordPress

So you planned what you want to write about, you picked a domain and signed up with Bluehost to host your new blog. Now you just need to install WordPress. This part is easy. The menu on Bluehost is called their cPanel. This is the main menu that you’ll be directed to once you click their confirmation email.

Select the “Install WordPress” button. It’s a one-click install button. Once you do that, you’re in the process of installing WordPress, you’ll just need to:

  1. Select your domain name, from the options to install WordPress on
  2. Select Advanced Options and choose a username and password. Remember that websites sometimes get attacked. So choose a username and password that’s long. The longer the password, the harder it is to break.
  3. Select “Install Now”.

At this point, you have a WordPress blog!

Easy Step 5 – Design and Start Writing for Your Blog

From now on, all you have to do is go to your new domain “yourwebsitename.com/admin”. To sign into your WordPress Blog. You no longer have to deal with Bluehost at all. Everything you do from here on out is all on your new WordPress blog.

Once you log into your new WordPress Blog, Your Admin Menu will look like this.

How To Start A Blog - WordPress Admin Panel

This is close to what every WordPress Blog looks like, the main options for every WordPress blog are:

  • Posts – These are where you write you daily, weekly, monthly articles for your blog. These are your cooking articles or travel adventures. This is the “blog” portion of the blog.
  • Media – Every image/video you upload to your blog, all those media files live here. You can add images in your actual posts and pages, but all your media content can be viewed here.
  • Pages – These are the “About Me“, “Contact Us“, “Ways to Make Money” pages. These are usually static pages that aren’t your daily, weekly, monthly posts.

Customize the look of your blog

If you want to want to change the look of your blog, you can change the theme under “Appearance”. Themes are like costumes for your blog. Different themes will change the colors, fonts, and style of blog. I personally use the Enfold theme, bought from Themeforest. It’s very user-friendly (plug and play) with tons of documentation.

*Bonus* – Make money with your blog

Don’t come off cheezy placing ads everywhere, instead install a plugin like Viglink for affiliate marketing. Now, anytime you reference a blender (my personal blender) on Amazon, Viglink will automatically track clicks on that link and you’ll receive a commission if someone buys. Viglink is partnered with over 2,000 online merchants (including Amazon), chances are your favorite websites are included. So once you learn how to start a blog, your blog can start making a little money.

Done, You have a blog!

I ran through this (while talking) with Justin and Emma to set up their blog in under 20 minutes. They took it from there and immediately started writing and designing. Again, I set up their blog through Bluehost, which made it a lot easier. You could probably set up a blog on your own (not talking) even faster.

Let me know if you have any questions on how to start a blog! I’d love to help or share more of my experiences!

*Disclosure – I host all my websites on Bluehost and we receive a commission if you sign up through our referral links.

Getting Rid of Distractions for Self Improvement Part 2/4 – Failure is Okay.

So I am a couple weeks behind on this post. It is all with good reason though. Firstly, I wanted to start our new series that fit better into our blogging schedule earlier in the month. The new series highlights other financial bloggers and their income reports, Income Report Roundup (new title is in the works). This is a great opportunity for you and I to see what others are doing to accomplish financial freedom.

Secondly, I failed pretty hard with a lot of my goals in this first month. So I needed to take a step back, be honest with myself, and reset. We will go over more about this next. Since resetting two weeks ago, I have been able to accomplish every goal in the shorter time frame. Pretty awesome!

There is Nothing Wrong With Failure

Failure is not what I am scared of. There is nothing wrong with not figuring something out the first time around, or the second, or the third, or…well you get the picture. What I am really scared of is not learning anything from those failures, getting stuck in a loop trying the same thing over and over.

“I have not failed. I’ve just found 10,000 ways that won’t work.”   – Thomas Edison

See we can read every self improvement article on the internet but never know what really works for us as individuals. Those articles, like this one give, can give us a starting point. From there it is how we handle the failure because there likely will be. Either we can get frustrated, giving up on the first try saying, “Working out to get healthy just is not for me.” Or we can keep pushing, analyze what went wrong, and make adjustments for the next time around.

For me, there have been many things in my life I have kept trying to fit into my life as a habit. This includes working out. I have tried everything in the book but nothing ever stuck. Over the years I have tried different routines, exercises, times of day, and so on to keep that motivation going. Finally, I have found the routine and motivation to get up every morning (continue reading for the answer).

What habit have you been trying to make stick? Have you found the solution or are you still searching for what works for you?

Last Month’s Goals

So let’s go over the goals I had for last month. These goals were meant to help me get rid of materialistic distractions, technological distractions such as Facebook, and getting in better habits such as working out in the morning. I am not going to explain each goal in detail again. If you are curious about the details of every goal you can read about them in Part One of this series.

Sell extra items that can be a distractions – This one is going A LOT slower than I thought it would go. I have put everything on the market but I have only sold one item. I will continue to post these items, probably cutting the prices a bit to make the items more enticing.

Finish our backyard renovation – Major Success! By the middle of May we had the backyard completed. For more details check out my article about How to Save Big Money on a Home Remodel. I wouldn’t have been able to complete this task without friends and family. Especially my wife who watched our little one every night so I could work on the yard.

Start waking up earlier, 5:00 AM, to work out – This was a major fail in the first four weeks. I partially blame it on how intense the backyard project was. With how much material I had to move around, remove, and move in I was just wiped for the day. But excuses are excuses. I still did not work out for two weeks after that until I did my reset a couple weeks ago. So what changed? Well…

As mentioned already, in the last two weeks, I have woke up every morning at 4:45 AM to work out for 30 to 45 minutes. What really worked for me to wake up so early was prepping everything I need in the morning, the night before. This was the last goal of mine for this month. Turns out it had a cascading affect on other goals.

Stay focused on achieving my goals one percent at a time – I am not sure if I know how to quantify this one but I believe this was a success. I was able to work on Wallet Squirrel and other goals for at least an hour every day after my little one went to sleep for the night.

Set up my next day the day before. Each night before bed – Pass! I spend about 15 to 20 min a night getting ready for the next day. This really sets me up nicely for getting up at 4:45 in the morning to workout. I found a time during the evening that is consistent for me to get everything ready. The trick is remembering to stick with this which enforces the habit. To help you remember, set an alarm or a reminder on your to-do list.

Next Month’s Goals

This coming month I want to continue to build on top of what I started. This makes for an easy first goal…

Continue to build on with what I started last month – Though most of what I set out to accomplish last month was a success, they are still new habits that can be lost very easily. These first month’s goals were supposed to be a foundation for the next goals. To lose them might make it harder to continue in the coming months.

Improve the marketing for Wallet Squirrel – Now that I have completed my initial goals for Wallet Squirrel (SEO, web performance, and content) it is time to reach a wider audience. Even though we have tripled our views in the last three months we still need to increase our viewership. Andrew and I met this past weekend, dividing out our tasks so I know what needs to be done.

Less social media – I talked about this a lot in the first article but I really did not do anything about. This month, I want to get rid of all distracting social media that is not beneficial for my goals. This means that the only reason I should be on Facebook, Twitter, and so on should be to promote Wallet Squirrel. Other than that, who cares.

Close lose ends – There are a couple of tasks that I need to wrap up. They are 95% done but there is only one more item to cross off before the overall task is at 100% complete. One example of an almost complete task is with our web performance. We have done everything to boost it even including the move to Bluehost.  The last piece of the puzzle will be to setup a new caching plugin. Should be an easy one, hopefully.

Review

Remember, failure is okay, as long as you learn from that failure. Do not let that failure get you down and quit. Use it to prop yourself up to get back at it with a new strategy.

Like last month. I challenge you make your own goals for this upcoming month. Let’s check in next month at the third week of July to see how we all did.

If you are looking for ideas on what you could do, check out our Ways to Earn More Money page. Here you might find something that catches your eye.