Day 17: An Update On My Progress

I seem to have finally shaken the bizarre flu/bug thing that I have had for the last week and over the last couple of days I have been re evaluating my thirty day challenge project, lets just say I am taking a bit of a short cut. The whole idea of the 30 Day challenge is not to spend a cent testing whether or not a niche has high earning potential by using free blogging and CMS platforms and selling affiliate products.

One of my niches in particular has no affiliate products which normally would be a concern as you would suspect there is no earning potential. I am going to take a bit of a gamble and get an ebook created on the topic anyway as I am confident there will be plenty of interest. I really like this particular niche because it is quite a good umbrella phrase, in other words there are plenty of phrases within it that have high traffic and low competition.

I am also already outsourcing my content creation as I find writing articles is far to time consuming. I found a ghostwriter on www.elance.com who I am going to try out for a while and see how that works out. It’s hard to find good quality writers which don’t charge too much and remember quality is essential, you are far better off paying extra for better quality content.

I have also purchased a domain from www.namecheap.com which I am going to start adding my articles too using a free content management system called Joomla! I built a few sites a while back using Joomla! and wasn’t really all that impressed, compared to Wordpress it has far more features but it seemed very rigid. What I mean by that is it didn’t seem all that easy to customize which is why I love Wordpress.

However, the reason I did choose to go for Joomla! rather than Wordpress is because it is getting a lot of praise at the moment and was even touted as being loved by Google. It is also great for creating community sites which is my main aim. I want to build a loyal base of regular visitors who are passionate about the niche and contribute their own content. This over time will hopefully create a self providing environment with little input from myself. Using Web 2.0 technology this shouldn’t be too difficult to achieve.

So even though I am now officially out of the thirty day challenge as I have spent money on various things I will still document my progress here and perhaps even beyond the 30DC. At the beginning of the challenge I was determined to win however the far more important thing for me is to create my own info product and generate residual passive income.