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@TimLeffel on Twitter
The Antifragile Blogger
Tim LeffelTHE ANTIFRAGILE BLOGGER – INCREASING YOUR MONTHLY EARNINGS THROUGH MULTIPLE INCOME STREAMS
How Much $ Do You Need?
The Elements of Happiness 1) Positive emotion 2) Engagement 3) Meaning
In concrete terms: 1) Basic needs 2) Freedom 3) Self-actualization
Do you as a travel blogger have… …plenty of freedom?
Hell yeah!
Do you as a travel blogger have… …the ability to do meaningful and fun work?
Hell yeah!
Do you as a travel blogger have… …a steady and reliable income?
Ummm…no
We are already rich. We just need a little more money…
Part-time Earnings: Travel Writers & Bloggers
Full-time Bloggers & Travel Writers
Where Does $100K+ Come From for Content Creators? First, lots of little things…
And a few BIG things…
Online Content Creators Can Be…
Nimble
AdaptiveCreative
Fast Opportunistic
ExperimentalPersonal
Fearless
Diverse Income Streams - 2015 1) Direct ad revenue
2) Sale of one website (out of 7)
3) Book sales & related packages
4) Affiliate ad sales
5) Network ad sales
6) Freelance writing for others
7) Rental house (AirBnB, VRBO)
8) Guanajuato Street Food Tours
“Putting all your eggs in one basket and watching the basket really carefully isn't nearly as effective as the other alternatives. Not when the world gets crazy.”
- Seth Godin
How Diverse Are Your Income Streams?
Network Ads
Affiliate Sales
Digital Products
Writing for Yourself
Personality Blog/Site
Freelance Income (Paid for Time/Output)
Income From Work
Paid for Specific Task
Direct Ads
Own Product Sales
Physical Products
Writing for Others
Subject or Destination Blog/Site
Passive Income (Paid anytime)
Income From Assets
Paid for Expertise
The Benefits of Multiple Sites/BusinessesA buffer against factors beyond your control
Increased inventory for advertising
Cross-promotion opportunities
Increased outlet/content/travel opportunities
Increased affiliate sale opportunities
Increased tax write-off opportunities
Increased media/marketing opportunities
Multiple streams of income – earning diversity
Expanding Your BusinessBeyond One BlogPHAT AND HAPPY TRAVEL BLOGGERS ARE WORKING SMARTER
Passion + Customer Desire = $
Why It’s a Wonderful Time to Test a New Business - Your BusinessStart-up costs are the lowest in history
Data measurement tools are cheap or free
Finding your audience is easier than ever
Web publishing is a no-overhead business
Publishing books is cheaper than ever
Joblets can be farmed out cheaply
You can live and work anywhere
Non-advertising revenue options Ongoing sponsorships
Book royalties
E-book sales
Courses
Consulting
Leading tours
Freelance writing
Speaking for companies/brands
Where is your NEXT path going?
Becoming Antifragile Means:1. Creating multiple sources and types of income2. Watching for and taking advantage of market opportunities3. Creating publications that have value without you4. Never becoming overly dependent on one thing (one blog, one
type of income, one client, one niche)
What to Do Next Week – Some Options
Start a 2nd or 3rd blog or resource site (that is very different than the current one)
Listen to your followers and draft book or course ideas
Prepare a lead magnet and start collecting e-mail addresses
Start pitching instead of waiting for freelance writing or ad deals
“Hustlers send invoices.”- Dan at The Tropical MBA
Go to Travelwriting2.com/newsletter
Could we work together? I’m looking for…
- Real-world interns/assistants who want to learn how to succeed
- Partner niche blogs that get 20,000+ monthly visitors
- Guest posters that can cover cheap travel destinations in detail
- Launch team partners for upcoming Travel Writing 2.0 second edition
- Students for Real Money Writers course & mastermind group launching in January
Globetrots on Instagram
TimLeffel on Twitter, G+, Pinterest, LinkedIn
Site names on Facebook, such as CheapestDestinations