$0 To $10,000 Passive Income: Week 5 Update

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Written By remotemoney

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Yooooo it’s been so long since the last update. I hope you didn’t forget about my ambitious challenge. If you did, I don’t blame you. I’m here to tell you I had not given up on this challenge. My family is just experiencing some troubling drama and I had to help resolve that. It’s still an ongoing battle but I’ve somewhat gotten back to my flow of things.​

I’d say week 2 and 3 were the most “dead”. But I’ve picked things up soon after.​

In this email:

  • Finally working on the website
  • Tools bought during Black Friday sale
  • Caved in and hired freelance writers
  • Expenses and income for month 1
  • Next month’s plan​

Website Progress (10%)

I only started working on the website when I’m 100% confident of my niche and have a few articles up my sleeve.​

That’s why the website is 10% ready at the end of November.​

I decided to use Generate Press as my theme and installed their starter template. I’ve used it before for my old site (it’s gone now) and I like it. It’s a lightweight theme and it’s fast. It’s also affordable at $59 per year or $249 one time.​

Tools Bought

I tried to hold myself back this Black Friday. I didn’t want to purchase something just because it’s on offer, you know?​

With that said, I bought 2 software subscriptions from AppSumo marketplace and credits for a plagiarism checker.

  • ​Neuron Writer — To optimize articles for keywords
  • ​Topic Mojo — For keyword and topic research
  • ​Originality.AI — To scan for plagiarism and AI content by freelance writers​

Hiring Writers

The good thing about my chosen niche is I have extensive knowledge about it. BUT I’m starting to realize my time is better spent on researching and optimizing. For basic writing, I can train someone to write what I know. I just have to give them the points I want the articles to convey.

It takes me less time to proofread and edit the articles than to write from scratch.​

I feel much better and can focus on my family while building this business. I don’t feel like I’m sacrificing any important parts of my life. All I got to do is spend a little bit of money. I set a monthly budget so I don’t overspend on writers.​

However, finding good writers at an affordable rate is hard. You get what you pay for, right? So I keep my expectations low. I don’t mind a little of AI content from them as long as they fact-check and edit to humanize it.

I’ll write another article detailing my terrible experience with a “cheap” writer. It was 90% AI content, poorly written and full of misinformation. Even after revisions, it was shit. I let it go and find other writers to cover the same topic.​

After a couple of failed tries, I found 2 decent writers at different price points. One has more technical knowledge while the other can spit out quick. accurate general-type articles.​

Money In, Money Out

My income came solely from Medium this month. A whopping $21.87. Not too bad for a start. I usually earn less than $10 so I’ve doubled that in a month.​

Expenses… well, Black Friday made me spend over my budget. However, I bought lifetime access so I don’t think I’ll spend as much in the coming months.​

Revenue: $21.87

Expenses: $428.76.

Total profit for November: -$406.89​

Next Week’s Plan​

I’m going to continue building up the website. It should be done by next week.​

I’m also going to make it live and publish the first 10 articles. There won’t be much data about it though.​

I’m also going to start strategizing the marketing campaigns. Based on the e-commerce niche, I think building an email list would be the best.​

That’s it for this week! Let me know if you have any questions. Until then, stay safe and enjoy your week ☺️​

Cheers,

Athirah​

This email contains affiliate links. Purchasing through an affiliate helps pay for my bill, with no additional cost to you.

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