Do you have a Plan B?

[Shawn Gossman]

For those of you earning revenue and profit with your forum or websites, here's a scenario.

You wake up in the morning to find the way you were earning revenue has halted and does not come back.

What's your plan B for earning money? Do you have a plan B? Have you looked into others ways to earn?

 

[Nomad]

I have plan B or even Plan C.
When my website stops earning, I will put it into sale. Since it was earning previously, it can be easy to sell the website.
Let's say I was unable to sell the website. My plan C is to merge my website with another website.

 

[Jason]

A good plan is simply to work more hours at your off-line job. Work the extra hours until your website comes back into health.

 

[Shortie]

Having a plan B is always important and I often wonder why we still see people who don't have a plan B just in case things fall flat for them.

I do have a plan B if I needed it, working as a freelancer I know I can get regular work and that would be the best thing for me to fall back on if it was needed.

 

[Jason]

Plan B can be improvised and if it's about something we really care about, we have to do that.

 

[Nomad]

A good plan is simply to work more hours at your off-line job. Work the extra hours until your website comes back into health.

You mean work harder offline and use your money to support your online project so that it can bounce back?
Well, sometimes money is not the answer to the sustainability of the site.

 

[Baw$e]

My plan B is playing poker for money. I'm all in regarding my site. I plan to own it forever, regardless of it's success.

 

[Jason]

You mean work harder offline and use your money to support your online project so that it can bounce back?
Well, sometimes money is not the answer to the sustainability of the site.

No, not really. I mean, you have to work offline to make up income to live life that was lost on the site.

 

[Carlos]

Plan A is to build a sustaining network of forums. Right now, this is being subsidized by my willing family. I am currently losing money, but I'm also making my investment back in the long-term both in finances, or pageranking.

Plan B is either selling the website or merging the website into the other. Most of my websites are blogs and forums. So, until the niche starts to die off, I will keep it running. But if I so much see a downward spiral, I will merge that into my main site. And I have done this over the years.

I acquired most of them, but I also built half of them. If they fail or I have picked up the last straw on the project, I will merge it in. Marvel Vs. Capcom 3 was a niche for a while, until it wasn't, so I merged the board into the main gaming forum. Black Ops 3 was a niche for a while, until it wasn't, so I merged it into CODForums. You see the trend? Yeah.

Plan C, and its a plan I am currently working on, is to have a supplemental funding source, by having a YouTube channel to do two things: Increase my branding (and influence), make money.

Plan D is to make an actual business. I want to do this, but it costs money to do this, and that. That's my barrier to entry.

Plan E is Consolidate and sell. Cut losses, and sell. I don't want to, but it will have to happen if I am in dire straights. I am not going to sell to anyone who has disrespected me, at all. So bugger off.