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How to make significant internet money in less than four weeks by utilizing a single source of specialty ideas
Written by Diggy and Glen
By being the first to enter markets that nobody else has discovered, we have produced over $1.5 million in internet income in the previous 24 months.

The next six steps can help you uncover such ideas and turn them into lucrative ventures in less than four weeks.

Tracking website concepts that are funded is the first step.

If a website proposal has been funded, two things follow:

1) Someone has enough faith in the concept to present it to investors

2) Investors in venture capital have enough faith in it to put money into it.

That combo isn’t too bad.

I utilize a variety of resources to identify new markets to dominate, but my favorite is tracking investment rounds.

I use CrunchBase.com as my website.

Just last week, I discovered a brand-new website that has received $1 million in investment and targets a market that I might dominate.

With their service, CoinTent, publishers may “paywall” their websites or use microtransactions to sell certain bits of content.

It has a huge market.

Over 910,000 active members to The New York Times’ paywall website. More money comes in through subscriptions than from advertising purchases.

Just last month, the UK’s Sun Newspaper adopted a similar strategy, restricting access to its website to paying customers.

You may often uncover fantastic concepts that have garnered a lot of investment but haven’t even started if you follow fundraising rounds closely.

Of course, having a concept alone is insufficient; you also need to…

Step #2: Select a strategy that streamlines marketing.

I’m confident that if you spend enough time browsing Crunchbase, you’ll find at least one project that has received funding that interests you.

More than 100 distinct firms have received absurd sums of money in just the last month’s investment rounds, to name a few.

That is only one source, though.

Of course, our goal is not to plagiarize others’ ideas.

That isn’t only because I’m attempting to live an ethical life.

Actually, it’s because the approach these folks wish to take to their business is so different from the approach that I would use.

I have no desire to work as a payment processor, hence I wouldn’t adhere to the Cointent model.

It will take a lot of work to build your brand so that people would trust you with their money. I suppose that’s why they need that $1 million.

I adore the concept of microtransactions.

Although I would link with industry heavyweights like Paypal, Stripe, and provide the ability to add your own merchant account rather than managing my own payments.

However, there are some who already provide this sort of service, therefore that is insufficient.

You must proceed forward.

In my opinion…

Looking at what you personally would desire out of any product or service proposal is the simplest approach to frame it in a lucrative way.

As they say, “scratch your own itch”.

By adopting this mindset, you naturally narrow your target market down to those who share your interests, which makes locating and effectively interacting with your target market a breeze.

In the future, Cointent will “nich down,” according to tech publication Venture Beat.

“However, should additional digital wallets decide to enter the market, there is plenty of potential for competition. Particularly PayPal seems well suited for this type of functionality. That may enable CoinTent to occupy a specific market segment.

Simply concentrate on the angle you believe the end of the world as we know it will occur from if you truly want to create a website for Doomsday Preppers (this industry is worth billions, by the way).

Forget the generalities; own that viewpoint and be the one who discusses that potential disaster.

Perhaps despite your interest in nutrition, you are most excited by advancements in nootropics and cognitive enhancers. If so, establish yourself as the authority on that angle.

Ironically, everyone believes that cutting a tiny piece out of a large pie is the ideal strategy online, but from my experience, I should cut a giant piece out of a much smaller pie.

My personal internet experience further demonstrates how crucial picking the appropriate perspective is, especially when launching a product online.

A $350,000 “overnight success” of mine
(And how I utterly botched it when I attempted to replicate it)

I have introduced two software items in the recent years.

Both were developed for about $6,000.

both focused on bloggers.

I promoted both in the same manner to the same audience.

And both gave you the option to quickly customize a feature of your blog (your opt-in form or your most popular posts).

However, just one of them produced enough money to cover its development costs, while the other spent three years at the top of Clickbank’s web design category and generated more than $350,000 in sales.

Amazing, huh?

Well, not when you realize the influence your chosen viewpoint has.

I completely erred when it came to the second product.

I addressed a concern with the opt-in form plugin at the time since there wasn’t any simple way to simply customize and add opt-in forms to your site.

I was only providing users with a more appealing alternative to something they could already do when I created the popular-posts plugin.

I chose the wrong viewpoint, and it showed in the sales.

Here’s something very crazy: If I launched that product right now, it would fail miserably.

You might be surprised by the reason why.

It most definitely isn’t because people no longer desire to gather email addresses. I gave gathering yours my whole attention in order to give the earlier free niche suggestions.

I had the option of sharing those 20,000+ words of secret content with any audience, but I picked subscribers to an email list.

For the great majority of internet businesses wanting to really produce cash, building an email list is still crucial.

However, there has been a significant shift in how we get email addresses.

When I first introduced OptinSkin, I allowed users to insert opt-in boxes wherever in their sidebar or blog articles.

Opt-in forms are most frequently found in these locations.

Pop-up email collection plugins are available nowadays.

Email collection plugins for bars that attach to the top of your website.

Plugins for opt-in forms that appear when you scroll to the bottom of an article and slide out from the right side of the page.

Heck, there’s even a BounceExchange service that starts at $5,995 per month and that many major bloggers utilize! Their main feature asks you if you would like to receive a gift and then displays two sizable buttons that read “Yes” or “No.” Click Yes and guess what, an opt-in form appears.

So what angle would I take with Cointent?

I would keep the focus on micro transactions for individual pieces of content but target it towards people who are running email list campaigns. So every few emails of value you send one email that they would have to pay for – say $7.

I would push the angle that instead of just providing a ton of value via emails and launching a big product for $97 or even $997, keep offering smaller products and grow your buyers list with this awesome new tool I’ve just made.

One niche source.

One idea.

One angle.

Done.

But still, that’s not enough.

Step #3: You need to learn how to tell stories

Let me tell you a story…

How to Get Russian People to Love Potatoes
(And what that has to do with making profitable websites)

300 years ago, the common potato was so looked down upon in Russia that peasants wouldn’t even grow the vegetable, nevermind eat it. Religious groups even had a nickname for the potato, “Devil’s Apples”.

According to Rory Sutherland in his famous TED conference talk, he shared that the Russian government aimed to make potatoes more widely accepted because they wanted people to start growing them. They did so by increasing their perceived value.

The plan was genius: They planted potatoes in the gardens of the Crown Prince and had guards watch them 24/7.

The guards were instructed not to watch them too closely.

After all, anything being protected on royal grounds must be valuable.

Sure enough, peasants started stealing the potatoes and growing them on their land. They quickly realised they could grow three times as many potatoes in one plot of land than the grain they were growing before.

Among other events, this rise of potato producing in Russia helped save millions of lives during the worst famines of the Soviet Era.

They managed to increase the perceived value of the item and marketed it to the masses.

Let me show you how to do the same with your email list by introducing micropayments in every third follow-up email.

…

Did you notice that?

Did you notice that when you started reading the story you just got into it and forgot about selling or being pitched to?

It’s not some random paranormal thing that I’ve just done to you. You’re simply reacting to the idea of a story based on millions of years of evolution and storytelling around campfires.

Science shows that stories are very powerful. After all, we’ve been using them for 27,000 years since the first cave paintings were discovered as a primary form of communication.

This week Buffer.com – the service which allows you to ‘time’ your social media updates – announced that they have now reached $500,000 in monthly revenue.

And do you know what’s interesting about their sales process?

They didn’t focus on product benefits.

They didn’t focus on service bullet-points.

Instead, says co-founder Leo Widrich, he told stories.

When I sell my link building service, I tell the story of Michael Dell who introduced Lithium-ion batteries to the world in style by flying from New York to Los Angeles and showing the laptop still had power when he landed.

The message was essentially, “people can figure out difficult challenges; we’ve figured out a complex Google algorithm”.

When I sold language learning products I told stories of people who could now “spy” on those talking about them and their victims would be none the wiser they had just learned their language.

The idea of people not knowing you had this new ability really excited potential customers.

If you’re not using stories in selling – no matter what you offer – then change that now.

Step #4: You need to implement a highly-optimized funnel

Do you want to hear about a funnel I built that totally bombed?

I mean, I spent thousands of dollars and more than a month working on it, yet two weeks later I had to scrap it all.

It was for a course I sell on how to build a marketing agency and get clients (which is where a large portion of our revenue comes from) (which is where a large portion of our revenue comes from).

I paid around $4,000 for one of those animated explainer videos that everyone says convert so well. It looked great, and it did convert…

…but only at getting people to watch the first video.

More than 5,000 people watched that first video, which led to another video, and another.

By the time people got to the last video – video 7 – only 2,000 had made it through the funnel.

With every video the number of people watching it dropped by a certain percentage.

And even though we still got 2,000 people to watch a 2 hour-long edutainment series on building an online marketing agency, less than a dozen people bought it.

Why would that be?

First of all, there was no urgency.

They had realised they could watch these videos for free in their own time so always assumed our sales page would be around forever or the product would remain at its current price.

Secondly, people started to have doubts that they could actually implement what I was saying.

You may blame that on the copy of the videos, but they had the same content as a webinar I had run which converted a HUGE number of people.

On the webinar I was able to reassure people that beginners could do this – which they could. With people watching in their own time, I couldn’t do that.

For this angle, webinars just sell it way better than anything else I can do.

It’s important you take the time to figure out which idea will sell your product – which funnel works best – to get the maximum conversion rate out of your website visitors.

You could look at it like I wasted a lot of time and money.

I see it as having learned another way which doesn’t work, putting me on the path closer to something that does.

Step #5: You must stick with it to attain “overnight success”

Overnight success is obviously the dream, but it’s not a reality.

In the headline for this article I mentioned building profitable sites within four weeks.

That’s generally the timeline we give ourselves to see if a new project has potential.

If we’re struggling, not enjoying the process, or things weren’t as they seemed when we got into the niche, we’ll leave the site.

But if in those four weeks we see potential (such as email subscribers, Facebook likes, Google traffic, and so on) then we’ll stick to it.

The worst thing I could possibly do, if I really believed in this monetising of individual pages for bloggers process, is give up when I hit the first hurdle.

If someone rejects me for an interview or doesn’t want to give my microtransactions software a try – even for free – then I’ll just move on to the next person.

Don’t just take my word for it though. Let me give you a personal example of this step in action.

Five years ago he asked for my help. This year he’s on track to generate £1m in advertising revenue

In 2010 I received an email from a London-based 20 year old named Adnan Ebrahim.

He was telling me about this new site he had started, Car Throttle, that was starting to get some press.

At the time it was getting around 45,000 pageviews per month but he wasn’t sure how to take things to the next level. (No credit here, I had no advice since I didn’t know a thing about the car space online).

Today, Car Throttle has more than 1.2 million Facebook fans.

Car Memes, which he also owns, has 1.4 million.

He had record traffic days last month when he reached 1 million pageviews in a day for the first time ever. The day after, traffic records were broken again.

In January of this year BBC.co.uk wrote an article about his success and showed the site was on track to generate £1m in revenue in 2015.

When I asked him what he thought brought that success he said,

“I still think we’re a small player“.

He hasn’t lost any of the drive he had from the years running the site when he was looking at just £1,000 in annual revenue.

When his business grows, he moves on to bigger goals, and sticks with it to make sure he achieves them.

Step #6: You must be seen as an authority

A lot of people get scared when they read or hear that.

They automatically assume they can never be an expert or authority on anything because they just don’t have the experience.

Well, here’s a little secret.

You don’t have to be the top expert in the world on your topic (there’s only one spot for that, after all), you just have to know more than the average person.

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Become a “idea machine” and you’ll never have to worry about generating revenue again

In the introduction copy for New York Times bestselling author James Altuchers latest book, Become an Idea Machine, he and his wife had this to say.

“People say execution is everything, that is ALSO NOT true. Execution is a subset of ideas.

When a GREAT idea comes your way you are inspired, you feel moved, you HAVE to take the next step. Execution happens automatically.”

How true that is.

When you stumble on just the right idea you will never have to look for tips on getting motivation or inspiring yourself to take action.

You’ll be doing it before you even know it.

I’ve received so many emails from people following this niche ideas series who say things like,

“I purchased two domains before I even finished reading the article”

“I read your article on the in a box idea yesterday and my website is set-up and ready to go”.

They didn’t have the idea then go and read some motivational quote online to get going.

The action was fueled by the idea.

Claudia and James stress that exercising your “idea muscle” by coming up with ideas for new industries and services is key to having great ideas for anything.

I quickly realised that with having so many marketing clients and working on so many different websites, I’ve been exercising this ‘muscle’ for years.

It possibly explains why ideas tend come to me so much easier now than they ever have before.

James takes this idea even further,

“IDEAS ARE THE CURRENCY OF LIFE. Not money. Money gets depleted until you go broke. But good ideas buy you good experiences, buy you better ideas, buy you better experiences, buy you more time, save your life. Financial wealth is a side effect of the “runner’s high” of your idea muscle.”

If you’re looking for ideas to help kickstart your own thought process, Diggy and I would love to be the ones to help you.

Here we go.

The cat’s out of the bag.

Here’s my “pitch”

I’m not sharing this page on Facebook.

I won’t be tweeting about it.

I didn’t ask any affiliates to promote this.

I didn’t put any questionable income graphics on this page.

I didn’t even share it on my blog.

There are no upsells.

There is no ‘drip-fed’ content missing. You get all we promise, instantly.

And I’m only emailing it to people who have received our last four niche ideas.

We’re certainly not doing this expecting to break some kind of launch record.

We just want to finally get all of these mind-blowing ideas we have on building profitable niche sites in one place.

VIP NIche Ideas, The Vault, is where we are doing that.

Inside you’ll find…

Business online course

Information about business:

Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services).
[need quotation to verify] Simply put, it is “any activity or enterprise entered into for profit.
It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors.”

Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business.
If the business acquires debts, the creditors can go after the owner’s personal possessions.
A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.

Salepage : VIP Niche Ideas