Lately I have seen some close friends start to make a lot of money running monthly membership sites. It has really opened my eyes as to whether or not this may be the new way to make consistent income online in 2011.
The obvious advantage to having a monthly membership site is that you know how much you will be making every month. Also, if done right this can be the epitome of an automated business. Not every membership site is automated, in fact my friends site that is doing very well is one where they have to keep adding new content to keep subscribers happy.
So my goal has become to create a more automated monthly membership site. That way I can pursue my film making goals and know exactly how much income I will have each month. It seems to create a much more stress free environment.
My New Monthly Membership Site
I have decided to take the plunge on one of my oldest websites Lawn Care Directory and turn it into a monthly membership site. This is a site that I have run for almost 10 years and have made a lot of money with during that time but I have always felt like the amount I was making had peaked and I wanted a way to make more.
So I have completely transformed the site from selling information on how to start a lawn care business to a more legitimate directory where companies pay a monthly fee to have their company featured in their area.
My goal is to get 500 members paying $19 a month. I know there are thousands of lawn care and landscaping companies out there and 500 is definitely not out of the question. Having just made this transition I have already acquired a good number of subscribers and this is the slow season for that industry.
Will this backfire on me? It is possible that I could end up making less money per month with this site but if I achieve my goal of 500 members then it will be a huge success.
NOTE: Incidentally, if you ever need lawn maintenance or landscaping visit the site. You’ll most likely find a qualified company in your city.