Develop and build a host of web sites, all dealing with unique topics.
If you have the technical expertise, these sites can be as content rich as you'd like them to be. Add bulletin boards where people can post, get multiple conversations going. You can even pay people relatively small amounts of money to stimulate conversations and get your website well-known in its genre.
Add an online store
All sorts of products can be sold that relate to the content of your site. If you are drawing people to your site with its content, you might as well sell them related products. A very profitable type of product is an e-book. These can be produced relatively cheaply and cost almost nothing to distribute. You can offer several of these in your online store, and if you're concerned about how you will write them, don't be. You can outsource the writing on such websites as elance.com, where you can find lots of writers willing to work relatively cheaply to generate these.
Sell advertising space directly on your site
For example, let's say one of your websites is travel-related. You have timely articles running on the site, as well as a lively message board. Why not contact travel providers and see if they would like to advertise on the site? If you only allow one vendor for each type of travel (i.e., one cruise company, one nationally-known travel agency) one tour operator for Alaska, etc., etc., you can get them to pay more money just to have their banners placed on certain pages within the site. The more pages they buy, the more revenue you earn.
Get your name out there
If you've developed an expertise in a certain field, and have websites that are known in that industry, by all means get your name out beyond your own websites. Offer to write articles for larger sites in your area of expertise, with the understanding that you can post a link back to your site within your article. Most websites are only too happy to get free content, especially if it is from a quality source, and they will gladly allow such link backs.
Expand your internet presence
Who says you can only have one or a couple of websites dealing with a certain subject exclusively. Perhaps your sites are about cruise travel. Who says you can't launch one about all-inclusive land tours, or maybe travel to the Holy Lands? Spend some time seeking out just the right domain name and then use the popularity of your other sites to drive traffic to the new one. This is how many large internet companies got so big. They started with a handful of websites and then expanded, letting the more established sites drive traffic (and advertisers) to the newer ones.
Form strategic alliances with other websites
Why compete when you can cooperate? Your own website can't be tops in every category. Maybe there's another that offers a similar product or service to yours, but with something a bit different as well. Why not align and have a link sharing arrangement. You draw traffic to their site and they do the same for you. Such arrangements can be exceptionally profitable for both parties, but only if these alliances are very selectively forged.
Don't spread yourself too thin
The biggest mistake most business people make is trying to have too much of a good thing. Maybe when you only had two web sites you could do it all yourself. Now that you have ten or twenty, that's no longer feasible. Source out some of the more routine work so that you can leave yourself open to prospecting for even more opportunities. Any business that stays still will stagnate. As a "webpreneur" you need to be constantly on the lookout for new and greater opportunities. Your time is better spent launching new initiatives, seeking out better affiliate programs, finding quality content providers, and doing all of the other things that go into a successful internet venture. If you really want to make your fortune online, you have to be willing to accept that it takes time and lots of work. Using your time and effort wisely will be the fastest route to getting there, and harnessing the immense power of the internet into your own personal cash machine. Nothing could be better than that, right?
Use Affiliate Programs
Once you have a robust site with lots of daily traffic, now is the time to begin examining the various affiliate programs out there in the market place. Which one would work best for you? There is some risk with selecting an affiliate program if its product does not mesh well with your site's visitors. For example, if you know that the content of your site appeals to Christian readers, you might be wise to stay away from affiliating with an online casino. It won't do well, plus it will offend, and possibly chase away many of your site's regular visitors. Instead, fine a product or service that will mesh well with your site. While not all products and services offer equally profitable affiliate arrangements, there are plenty out there that would be a perfect fit for you.
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