Google’s Recent Algorithm Change: Game Changer for Niche Sites?

You’ve no doubt heard by now about Google’s recent algorithm change that has been responsible for a significant drop in traffic/rankings for some of the largest article/content collection sites on the internet.  I can’t say I’m shocked.  While there are a lot of well-written articles out there deserving high rankings within Google, there is also a lot of garbage – duplicate, scraped content, poorly spun content, etc.

What’s the true impact of this change?  How is it affecting us right now, and how will it affect us going forward, especially with niche sites?  Let’s try to figure it out…

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7 Deadly Sins of Entrepreneurship, Part 1: Impatience

There’s a lot that can go wrong when you’re trying to start a business – and it doesn’t matter if you own Subway franchise, a multi-million dollar consulting business, or a collection of niche websites that aim to earn you money passively.  Businesses large and small, simple and complex, all suffer from the same core problems with varying magnitudes.

To cover these issues (as I see them), I’ve decided to write a short series: The 7 Deadly Sins of Entrepreneurship.  This is not meant to be a comprehensive list of “sins” nor are they issues that ever entrepreneur will face.  Ideally, if you’re doing everything 100% perfectly (which no one does), you won’t experience any of these.  Today, I’ll start with the first one:  Impatience.

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Getting Screwed Out of Hostgator Affiliate Commissions?

We’re all pretty familiar with website hosting services and the affiliate programs that go along with them.  After all, if you’re going to make money online, you probably need to buy a hosting account.  Their affiliate commissions are usually pretty lucrative ($50+ per sale!), which is why you’ll see affiliate links and banners for hosting services on most blogs.  Hostgator and BlueHost are two of the more common ones.

I don’t heavily promote hosting at all – I have a couple links on my resources page, but beyond that, I’m not really working hard for hosting affiliate commissions.  Because I suspect many of you promote hosting either actively or passively (through banners, etc.), I thought I’d bring this finding to your attention, specifically if you promote Hostgator.

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Online Passive Income & Blog Update [January '11]

The first month of 2011 is in the books, and winter is here in Chicago.  The blizzard this week wreaked havoc on nearby businesses, but fortunately the internet world is somewhat immune to weather conditions.

I have mixed feelings about January.  It was definitely a month of change – as I detailed in my 2011 goals, I changed jobs (and careers) this past month.  As is usually the case, I didn’t spend enough time (or as much time as I wanted) on my internet business(es).  My results were still positive, but growth has been slower than I’d like.

Anyway, I’ll let you read about it and decide.

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Not Reinvesting? You’re Killing Your Income Potential

With my January income report coming up later this week, I thought it would be appropriate to talk about something I don’t think I’ve ever explicitly discussed here before: reinvesting.  You often hear about “reinvesting” as it applies to large corporations.  For example, XYZ Manufacturing Inc. had a profit of $4 million in 2010 – instead of paying it out to its owners, the company reinvested the money by putting it toward additional research and development, to hopefully bring greater earnings in the future.

The same concept applies to us too – we can take our earnings, however large or small, and put it toward things that can help us expand our income potential.

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2011: The Year for Wildly Ambitious Goals

I read a statistic that showed a relatively high percentage of people give up on their New Year’s resolutions within the first few weeks of January (sorry, no reference link for that), so I thought to myself, “why not wait until a few weeks into January to even create my New Year’s resolutions and goals?”

In all seriousness, I just haven’t had the time to sit down and think about them, and I really believe this isn’t something a person should take lightly.  If you’re committed to reaching your goals throughout the year, you need to be willing to put in the initial time to create high quality goals – that is, goals that actually motivate you to act and achieve them.

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