As an experiment, I wanted to try my hand at creating a niche-content from scratch. I grabbed one of the domains I registered a few months back, outsourced the research and creation of the content and after around a week I have TopInterviewTips.com, a site providing advice and tips to help prepare for an interview.
The site cost a grand total of $95.15 to create ($88 for the outsourced content writing & $7.15 for 1-years domain registration with GoDaddy) and took around 2-hours to project manage. Admittedly, I did also spend some 5-hours to fiddle with the site’s design. However, this would be a one-off task and additional sites could be launched with the same template in under 3-hours in total.
My goal is that the site might earn $1/day in advertising revenue. I suspect that this is overly ambitious. But if it can be done, then this could be a profitable model; whereby sites could be quickly churned out (a site a week would be certainly feasible) and bring in lots of small amounts of revenue.
Update: I couldn’t help but give the site another aesthetic update. A gray colour scheme is a bit easier on the eye than the lime green. Do you think it’s better?