Dot Com Mogul or Not for March 2007



So far January is my benchmark for the year. I was down by one in February, missing the $10K dollar mark. March started off a little slow, then halfway through the month, I get into a car accident. How close did I get? Let’s find out!

1. Your income must come about as a result of the money you make from the InternetThat’s a CHECK!

2. The minimum internet income level is $10,000 a month (you cannot add income from other sources to hit this $10K level) – If I count the fact that I scored myself a one week, all expenses paid trip to cover the COMPUTEX show in Taipei this June, I would have totally blown that one out of the water. But I can’t, so NO CHECK. However, now I don’t have to spent $4000 of my own money to go. They are even letting me stop in Hong Kong for two weeks so I can go hang out before returning to Canada. I guess I won this one, unofficially :)

3.You have no jobs outside of the Internet – I’m coming up on my one year anniversary soon. I can’t believe its been that long since I retired. CHECK!

4. You have a personal blog with your name as the domain name – Hullo?CHECK THAT!

*UPDATE* 5. Your blog must be updated at least ONCE PER DAY – Last month I said that I wanted to make this once per day instead of once per week and raise the bar. Well, I’ve done it. I’ve posted once every day this month. BIG CHECK.

6. A Google search of your name must be at the #1 spot – Still Undefeated and STILL NUMBER ONE! I’m even on WikiPedia now. CHECK!

7. You must be willing to help dot com mogul wannabes – Every month, I get to help other Dot Com Mogul Wannabes, and this month was no different. Although you can Contact me, the comments are definitely what I love responding to the best. It also helps other Dot Com Mogul Wannabes fulfill their commitment to helping others by participating in the discussions. CHECK!

8. Give time, money, or anything of value to a charitable cause each month – This past month, I ran a Favourite Me for Charity contest to help capitalize on my recent Technorati Unbanning. Twenty Four people stepped up and together we checked NUMBER EIGHT off our list. So a CHECK for me and a CHECK for you twenty four.

9. Personally help at least one person establish their online presence via a blog or website or help them enhance one they already have every month – This month, I continue to help Brice and Leo. They are really having fun with their blogs and it has been a lot of fun seeing them grow their corners of the web. This month I help Kelly establish her blogging presence. She hasn’t done much with it yet, but with a little encouragement, I’m sure it’ll grow just the same. CHECK!

So for March, I missed one, but I’m solid everywhere else. With the score on the all expenses paid trip to COMPUTEX, I think I’ve done it in my own sort of way. However, with eight out of nine convincingly achieved, it’s only one hurdle that needs to be overcome now. I’ve already hit it once this year. I’m sure I can take it down a few more times for sure.

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24 Comments

Comment by Matthew Subscribed to comments via email
2007-04-01 12:36:59

Congratulations. Maybe the dot com mogul checklist needs to be revised and bumped up $1k each month to keep you on your toes. ;)

Comment by Stephen
2007-04-01 12:51:50

I’m thinking about adding a #10. Any ideas?

Comment by Matthew Subscribed to comments via email
2007-04-01 12:57:46

How about…

You must have the extra links under one of your sites like…

http://www.google.co.uk/search?hl=en&rls=HPEB%2CHPEB%3A2005-31%2CHPEB%3Aen&q=thetechzone&meta=

or

http://www.google.co.uk/search?hl=en&q=seobook&meta=

I havent really looked in to the criteria to see what causes that to happen, but I guess it means your site has to be quite well known by google and linked to a lot.

Comment by Stephen
2007-04-01 14:30:07

Yeah, not sure either. The Tech Zone is there sometimes, but it isn’t consistent.

 
 
 
 
Comment by My New Choice Subscribed to comments via email
2007-04-01 15:03:46

Stephen, great job on the checklist. You’ve been pretty consistent with meeting all but the one checklist item and I think that is pretty remarkable.

If I think of any good ideas for #10, I’ll be sure to share them.

 
Comment by Michael Kwan
2007-04-01 18:21:19

I still think that #2 is quite the doozy, but considering that the title is “mogul” and not “doing alright”, I guess it’s a fair criterion. I think I’m a solid 7/9 or so this month.

 
Comment by Jon Lee
2007-04-01 19:20:23

I have a loong way to go.

 
Comment by Ajith
2007-04-01 19:40:49

I hope next month youll be a DCM… BTW as part of DCM race can you help me…like you did with Brice and Leo lol

 
Comment by Leo Subscribed to comments via email
2007-04-01 21:49:25

yup, having great fun building my blog thanks to Stephen’s tutelage. Although I never started my blog as a primary source of income, it’s nice to know that there is a possibility that it will provide a nice income supplement once I monetize LeoChiang.com. I’d just be happy with a couple hundred a month :)

Comment by My New Choice Subscribed to comments via email
2007-04-01 22:17:24

You and me both. My finance blog is actually starting to make a little money with March being my best AdSense month to date and I also sold a few TLA spots and had 2 ReviewMe reviews (thanks Stephen). Throw in the Kontera that I was accepted into courtest of John Chow and things are progressing.

My other blog is not yet monetized but I did just send an email to Kontera to see if I can add that site to my account and I’ve been kicking around the idea of slowing adding the AdSense in there as well to see how that goes.

Comment by Stephen
2007-04-01 23:40:08

Glad to see things are working out. Monetizing often means trying a lot of little things together in concert and finding the right balance for your site and your readers.

You might want to get KONTERA to dial down the annoyance factor as much as possible. If its left at default, it can results in keyword CLUMPING which is really ugly, and really annoying. I have mine set as low as possible with Vibrant. I believe KONTERA requires you to manually do that in their documentation though.

Comment by My New Choice Subscribed to comments via email
2007-04-02 09:47:35

I’ll have to read through their documentation tonight when I get home to take a look at that.

After all this talk about monetizing, I actually added up how my finance blog did for the month and I made more than I thought. I actually cracked triple digits for the month!

Comment by Stephen
2007-04-02 09:49:56

Congratulations! You’re hooked now aren’t you? ;)

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Comment by My New Choice Subscribed to comments via email
2007-04-02 10:57:05

The hooks are firmly in place!

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Comment by Stephen
2007-04-01 23:33:57

That’s a very realistic goal ;)

Comment by Leo Subscribed to comments via email
2007-04-02 00:06:01

Can’t wait for April 22, when I begin monetizing.

Comment by Matthew Subscribed to comments via email
2007-04-02 00:43:40

How come your waiting till April 22?

Comment by Leo Subscribed to comments via email
2007-04-02 01:36:26

It’s the 90 day mark for my blog being live. Stephen advised me that I would have better ads by then, PPP won’t even look at me until April 22. 90 days seems to be the benchmark for advertisers to determine the quality of the blog.

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Comment by Matthew Subscribed to comments via email
2007-04-02 03:26:53

Thanks for the details. I will look back for an update at the end of the month then to see how it went on the 22nd :)

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Comment by Leo Subscribed to comments via email
2007-04-02 10:40:27

No problem, but I won’t really know how I performed until after May 22 ;)

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2007-04-17 23:12:27

Well Stephen,

Yo re a dot com mugual!!!

 

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