ShoeMoney.com Worth, Rand's SuperProposal Scandal, And Other Misc Questions

Kind of a boring Sunday so I went ahead and posted monday questions today.

Shoe this site says your site (shoemoney.com) is worth $618,240.00. I am curious what do you really feel this blog is worth?

This is a great question I would really like to avoid.... but I will answer it (and im sure ill get flamed in the comments).

WARNING EGO ALERT:

I would say the blog without me is probably not worth much. Everyone has opinions on Affiliate Marketing and making money with AdSense but actually very few that are talking about it have achieved the level of success that I have. I blog about my experiences as they happen. The shoemoney blog is not a news blog its a journal really from my experiences in the industry. People come here because I am pretty frickin transparent about it too. My PPC experiments made a lot of money but I also saturated the crap out of the market. I don't think I have been to a show since when a person has not come up to me and thanked me for being so open about exactly how to make money ppc to affiliate and told me they are making good money STILL doing it. I had people come up to me at Pubcon and ask me why I was not a speaker. I told them its cause Brett Tabke hates me. Then they told me thats to bad cause I come and listen to all these speakers but you are the only person who has actually taught me something I could start making money from. I actually do get that a lot & it makes my head HUGE so if you see me walking around like my head was just inflated thats what happen..... Ok back on to answering the question: Now if you take into account the shitload of links its gotten (over 1100 unique domains alone from the mybloglog crap a while back) over the 18months I have been doing it mixed with the fact its listed in about every list ever about people making money on AdSense or affiliate marketing or other stuff like that.... I would say its pretty authoritative in that space. (although I am not a SEO) Also you have to take into account the fact it earns about 10k a month right now without actively seeking out advertisers. I would imagine if I ever really got a fire under my ass I could get up to 15-16k/month in direct ad placements. So mix all that together + the HUGE hockystick growth and I would estimate it to be worth about 300k. There it is.. I had to come up with a number so I did.. flame away h8rs ;) Yea its about half of that estimate but hey its not THAT far off compared to some of the things that say the blog is worth like 2 million.

Jeremy you seem to be a guy in the know, I heard that there was a huge company that agreed to actually pay for Rand Fishkins Superbowl commercial/proposal but backed out when they found out other parties were involved or something weird like that? Just curious if you had the scoop.

Interesting time for this question to come. In the past month or so ive heard the story from atleast 5 different people. (this is from the rumor mill so far) Evidently Target ...... yes THE TARGET was going to pay for Rands Commercial to be aired during the superbowl with the agreement rand would do some promotional commercials. Evidently the deal was all set until Target learned that SEO Playboy Joe Morin had a contract that any money that was made off of the deal would goto him. At that point Target backed out. I am not sure if Joe Morin had a bad past with Target.com or what but that made them jump ship. To be fair to Joe he has always told me because of his super close relationship with Matt Cutts he never ever did anything shady and even showed me he had him on speed dial on his cell phone a few times so I doubt it was a question of SEO ethics. Now then evidently Rand wanted to go public with this story and how they backed out (remember he was in it for love.. not money... all the money was going to Joe Morin) but when Target heard of it they threaten to sue Rand (who never was going to profit from it anyway). I reached out to Rand and asked him these questions and he wrote me back saying he could neither confirm or deny because of possible legal issues. Thats all I know from the rumor mill at this time. I am sure there will be a lot of talk about it at SES NYC.

I'm sure you get a lot of those Monday questions now, but what the hell, here's another. I have several ideas for projects every day, whether it's improving one of my existing sites or creating something from scratch. I take action on a lot of my ideas and end up with several things going at once. I know you say your wife tells you to focus on the most profitable projects, but if I knew which projects would be the most profitable before I begin working on them, I would be pretty special. I instead work on projects with the most potential and still end up with several things going at once. I'm sure you get into the same situation with all of the things you're doing. My question is: 1. Do you prioritize and work on one thing at a time until it's complete? or do you multitask and manage several projects at once? If the latter is true, how do you manage your time so that you don't end up with several near-finished projects and none that have gone live (Iike me)? 2. You were once new to making money online like everyone else. Back then, what percentage of your time did you spend learning and what percentage did you spend acting on your ideas? How about now? I seem to spend more than half my time trying to learn everything I can about all the different aspects of internet marketing. I learn so much every day and have to force myself to stop reading so I can work on my projects. I know that learning and doing are both pretty important, but I'm trying to find a good balance. Thanks! Mike

Hi Great questions 1- I am super obsessive compulsive and stick to one thing until its complete or as complete as its going to get. As far as multi-tasking goes that more has to do balancing family and work ;) 2- When I started I spent ALL my time learning. I went to borders constantly and purchased programing books constantly. I really only had one idea then and that was to make my ringtone community site a better place. Now I have a incredible programmer (known as dillsmack) so now I am transitioning more into a CEO type position and less as a developer. Its been a really wild learning process for me and I have a LONG way to go! Thanks for your questions all!