First of all, apologies for the lack of posts recently :) I have been a busy boy!!

The wheels have been in motion for a big change in the way I make money from the internet. A few months ago me and one of my best friends were discussing ways you can make money through the internet - advertising, ebay, selling things, you name it. We did a little ebay trading during the festive period and did ok and so began our journey into starting an online shop. Throughout January we have been working hard on it. We have formed a partnership, created our company account at the bank, uploaded the shopping script and we are currently awaiting our first order to arrive from China. We still have a few things to sort out but hopefully we will able to open the shop within the next 4 weeks.

Of course, this new venture is taking up a lot of my time and it’s going to take up more and more as we hope to move into premises within 6 months and increase the number of products we sell. For us to success we need to put everything into this which is why I am selling my biggest website TexasHoldemForums. It took me quite a while to decide whether I should sell it or not but long term I know that I have to as my time is scarce just now and it’s going to get worse as time goes by.

As usual, I have decided to sell the site at sitepoint. Heres the link :)

View Auction

Will my other sites be sold?

I still own some other sites. There are some sites I own which I havent been able to sell for a good price so I am just going to leave them on my server as they continue to make me money every month from selling text links. So once THF goes my main site will be Blogging Tips. I believe the site will continue to grow and thankfully, since I no longer post on the site that much it means that I will be able to keep the site running. I’d like to keep the site another few years and see how it develops. Any work for that site will be minimal, I just need to make sure the authors are doing their job and they’re happy etc and I need to deal with advertising queries. Of course, the site would grow quicker and better with time spent on writing and promoting the site but as I have mentioned, time is the one thing I won’t have.

The future

I’m really excited about getting the online shop started and making it a success. It will be a lot of hard work but I know I will enjoy it and it will be good to not only be able to work with someone else but to be able to switch off when im not working….well thats the plan anyways haha!

I’ll let all you guys know the name of the shopping site once we get it launched :)

kevin

6 Comments

  1. #1. SarahG, February 1st, 2008


    Sounds like it’s all go for you. Good luck with the sale and the new business.

  2. #2. Andrew, February 15th, 2008


    Hey good luck with that. I was thinking of doing the same, but haven’t really had the time to commit to doing it properly.

    Post how it goes.

  3. #3. Kevin, February 17th, 2008


    thanks guys.
    The sale of the site went smoothly - the buyer was really professional so the transaction went through a lot quicker than I thought it would.

    The company bank account took over 3 weeks to setup (well 3 weeks to get the visa cards etc sent to us) so that has held us up but we now have it and will be officially launching our new shop in the next few weeks. I’ll try and do and update soon on the whole thing :)

  4. #4. Andy MacDonald - SEO & Blogging Tips, February 28th, 2008


    Hey Kev,

    Just saw this blog post of yours. If, at any point you do decide to sell bloggingtips.com, can you give me first refusal on it please mate? Whilst i dont think the time is right to buy such a site right now, in the future i would like to buy such a site, so if you do decide to sell, let us know mate please.

    Cheers
    Andy

  5. #5. Kevin, February 28th, 2008


    Hey Andy
    BloggingTips is not a site I aim to plan anytime soon. There would be no point as I havent really started making much money for it as yet so the price wouldnt be as high as i think it should be.

    kev

    :)

  6. #6. System Zero » Archive » I don’t know what to call myself anymore!!, March 26th, 2008


    [...] the last few months I have sold my poker forums and several other websites which I owned. This has helped me clear the debt I had from travelling [...]

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