John Cow dot COM - Latest Comments in Milk your Cash Cows

Re: Milk your Cash Cows

Syed Balkhi — Tue, 19 Feb 2008 06:43:09 -0000

I agree with everything you said there because if you don't concentrate on one then you can't make it quality. Alot of people i see go for quantity just thinking maybe that the site they are running right now is making them $15 a day from adsense .. so they go on and start 9 other sites to avg. $150 a day but thats not how it works...

They will learn as time goes :)

Re: Milk your Cash Cows

Ty Brown — Sun, 10 Feb 2008 20:10:36 -0000

For me it was about finding my passion. I had the shotgun approach for a while where I would start this venture or that but allow them to fizzle out because none of them were worth the effort when times got tough. As soon as I started putting the effort into what I loved, the money started coming.

Re: Milk your Cash Cows

Webhosting Reality — Sun, 10 Feb 2008 04:38:11 -0000

I feel that you're talking about me in the first paragraph. That is my dilemma everyday. New ideas are bursting out but the day only has 24 hours.

Re: Milk your Cash Cows

Forest Parks — Sat, 09 Feb 2008 21:18:48 -0000

I only need to earn $1000 a month so just quite my day job. I can make about $600 from my only cash cow so will have to focus on that every morning and then use the afternoon to grow my new projects.

I finish my day job in a week so can't wait to get on with all my new ideas.

Re: Milk your Cash Cows

Chris Guthrie — Sat, 09 Feb 2008 20:01:20 -0000

@Online Empire

I also agree with the points you raised. I primarily wrote this post from the perspective of a part time web publisher. I work full time 40 hours a week, spend a fair amount of the day commuting and generally have a small amount of time to actually get work done.

I still am working on new websites here and there, but I make sure that the additional work load won't pull me away from my already established and successful money makers.

Re: Milk your Cash Cows

Wayne Liew — Sat, 09 Feb 2008 11:53:44 -0000

It is still good if you have an established cash cow, having it ignored and come back at the end of the day to rebuild it as it will be much more easier compared to someone who jumps on every fads that he heard of, which at the end of the day, accomplish nothing.

Re: Milk your Cash Cows

Online Empire — Fri, 08 Feb 2008 23:41:03 -0000

I agree with the main point of the post but I also think that starting new ventures is never a wasted effort.

When inspiration strikes you need to jump on it. Buy the domain, write a quick outline for what the blog or website is going to be about and THEN let it sit if necessary. Waiting to build a new project could make you lose out on another money making opportunity.

Of the several sites that I run, I do spend most of my time on the sites that make the most money and have the highest traffic. Every couple of week though I will wake up in the middle of the night with an idea for an awesome domain name or an idea for a new venture and I have watched too many opportunities pass me by, not to do anything about it.

I say run rampant and get several projects moving at once. But don't be stupid and let your money makers drop off the map.

Re: Milk your Cash Cows

Tom Ross — Fri, 08 Feb 2008 23:29:02 -0000

Interesting post. I do think that it can be sad not focusing on your smaller websites so much but from a financial perspective it needs to be done.

Re: Milk your Cash Cows

Chris Guthrie — Fri, 08 Feb 2008 21:23:43 -0000

Yah I just noticed the font size. I'm not sure why it's so small lol. :neutral:

Re: Milk your Cash Cows

Chris Guthrie — Fri, 08 Feb 2008 21:19:20 -0000

Thanks everyone, I'm glad you liked the post. I've really started to focus much more of my time on my top earners before I work on something new. In fact, I've sold a few more of my small websites since I wrote this guest post specifically so that I could free up more time to invest in my cash cows.

One of the worst things you can run out as a part time web publisher is time :grin: .

Re: Milk your Cash Cows

Tom Beaton — Fri, 08 Feb 2008 18:43:45 -0000

Everyone likes cash cows but your right - balance is key. Enough new projects to keep you stimulated, but keeping focused on the big picture.

Re: Milk your Cash Cows

Abdalla Ahmed — Fri, 08 Feb 2008 18:13:13 -0000

Nice post!

Re: Milk your Cash Cows

Eliot — Fri, 08 Feb 2008 17:12:10 -0000

Excellent advise, and something that I never seem to be able to remember. :-) Sometimes it's hard to keep focused on what's important when you get caught up in new ideas... thanks for the reminder!

Re: Milk your Cash Cows

Mike Huang — Fri, 08 Feb 2008 16:38:49 -0000

Great guest post :)

-Mike

Re: Milk your Cash Cows

Akhirnya ngeBlog juga — Fri, 08 Feb 2008 15:49:28 -0000

agree with you chriss, we have to focus on milk our cash cows.
nice post..

Re: Milk your Cash Cows

Scorpiono — Fri, 08 Feb 2008 14:23:15 -0000

I suffer of the same "new-start" disease, as I own a decent-sized website and have developed something that I find unique and great.

The thing is I can't focus my promotion on it, since I focus so much on my main, and making money with the new one is .. hard.

Don't get into something new without having a stable income support from the old one.

Cheers,
Scorpiono

Re: Milk your Cash Cows

Mike — Fri, 08 Feb 2008 12:40:50 -0000

This was my biggest problem, I had so many things on the go! Until I said thats it!
I am going to focus on my top earning website and dump all of my domain names. In fact I am selling all of my 20+ domains on Ebay right now, click on Mike and it will bring you to my auction. Thanks for this post, I now know that I am doing the right thing!

Re: Milk your Cash Cows

Mr. Rajawang — Fri, 08 Feb 2008 11:47:19 -0000

geez.. the font size are too small..and it is times new roman! BTW, good post.