Today turned out to be a day of opportunities as I happened upon two new possible projects:

1. I think I mentioned that I work in the betting industry… well my office has a number of people who fancy themselves as “tipsters”. For those of you who don’t know, a tipster is someone who advises what bets to place and how much to stake. Most tipsters charge a monthly fee for access to their tips. One of the guys has been offered a deal to put his tips on an existing tipping site and to be possibly paid for this. I suggested he should set up his own site meaning full control and 100% of the revenues. I then offered my services of course! So we’re going to work on a membership site for him to post his tips, with subscriptions via PayPal. I’ll take a percent of the revenue and I’m also going to suggest I take any affiliate sign-ups to bookmakers. He has a nice niche so I think it could be quite successful with a little promotion. I’ve just been doing some searching for a script and this looks quite good - anyone used it?
2. I got home from work to find an e-mail from an online associate floated the idea of setting up a paid members site - the idea is in its’ infancy but sounds like it could be workable - watch this space for any updates.

The beauty of both these projects if they happen is that they will provide recurring monthly incomes - something none of my current sites do at present with any kind of certainty.

All in all, a promising day. Now I just need to make them happen!

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Apologies for the lack of updates this week; I work in the betting industry and this week it has been the Cheltenham Festival - the biggest week of the year for the industry with predictions of £600m+ in turnover ($1.2bn) across the 4 days - so things have been somewhat busy in the offline world. I’m also in the process of buying a flat so that is taking up any spare time (and money!).

Anyway, on the online front, here’s a quick summary of what’s going on…

• The new site I launched almost a month ago is starting to make money. I was beginning to think it was a dead dog, but it’s suddenly started earning with £55 ($110) made in affiliate sales in the past 4 days. All visitors are from an AdWords campaign with an Avg CPC of 2p. I’ve had 45 clicks costing me 84p ($1.68) so a very nice return so far!
• The site I had an idea for and then comissioned through RentACoder is chugging along and seems to be going ok. Following my Top 10 Tips for Buyers on RentACoder has paid off as I seem to have a decent coder.
• New site - I’ve got an idea for a new site which I hope to finish this week. It’s in a very competetive market and, again, UK focused but I think I have a unique slant on it. The idea is to code a “wizard” type site where users can enter some details and it will choose the right product for them (to buy through an affiliate link of course!). I hope to get this finished by next weekend.

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When I was doing some research at work yesterday, I suddenly had an idea for a site. Now, this was good in some ways, because the idea immediately seemed a go-er but also very frustrating because I had to wait 4 hours until I was home to investigate it more. It also meant I didn’t get much done this afternoon as I was brainstorming ideas for it!

Anyway, now I’ve done some research and there doesn’t seem to be any competition for it - always a good start. It’s a simple but useful web-based service for internet marketers that I think will appeal to them. So far so good. The current idea is to offer a free version and a paid version. The idea is to use the free version to build a list while making some income from monthly subscriptions to the paid version.

It’s going to take a fair bit of coding to get the site to do what I want - unfortunately there’s no free or paid scripts that fit my needs. I could probably code it myself but it would be stretching my PHP abilities and I really don’t have the time.

Therefore, I’ve written up a spec for the script and will be placed it for auction on Rent-A-Coder. It should be bread and butter for a good PHP coder so I should be able to get it done fairly cheaply I hope.

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