Just a recap of what’s going on. This blog is (for now) not a monetized blog. It is essentially a record of the success (or failure) of the OTHER blog I’m running.  If I’m able to build up significant readership for THIS blog, I will monetize it eventually. I won’t link to my other blog because I doubt the readership will overlap.

On with the content.

My quest has begun. I’ve registered a domain name and hosting, loaded up WordPress, and my brand new blog is pretty much alive. I’ve put up adsense onto my site, as it’s pretty much the the simplest revenue stream to put on a website. (It requires the least steps and is probably the least technical).

I’m wondering if Adsense can really be a good revenue stream -  I know when I read blogs, or go on websites, I never click on any ads, other than by mistake. What sort of critical mass would I need to be looking at in order for Adsense to really generate some sort of significant income?

I feel like only the most popular blogs can make a significant amount of revenue from Adsense.  I’ll be looking into other monetization possibilities.

I’ve also set up an RSS feed (although I don’t use RSS myself). I’ll probably put an RSS feed on here too in the near future.

I’ll be super excited when I get my first dollar from Adsense.

 If you’re here from digg, Hi. Welcome to my quest for a million dollars.

This is my second post in my blog/business experiment that works towards my three year quest to make a million dollars. I’ve registered my domain name and hosting, and within a day or two my other blog (which will be the beginning of my income stream, hopefully), will be up and running. I refrain from linking to that blog here, because this is more a blog on how THAT blog goes, and I don’t want confusion over readers of this blog going over to that blog and shifting my reader numbers.

The other blog is one about one of my hobbies, and I do use the same username.

I will blog here approximately three times a week, to provide new content for you, but also to keep myself on track. Often when people pursue goals, they try them for a few weeks, or a few months, then lose interest or give up. I’m hoping that blogging three times a week here will become a habit, and that because of it being a habit, I won’t put it off and eventually stop.

One thing that I’ve found so far is that I work more effectively at night,when there are no distractions, as compared to during the day when I have friends school work etc. distracting me. I’m considering trying to get onto the everyman sleep schedule. For information on the everyman, see here http://www.puredoxyk.com/index.php/2007/01/24/six-months-on-everyman/

If this topic is of interest to you, please subscribe =D. Hopefully you can be part of my journey to break free from the orthodoxy.

Hi. This is my blog documenting my attempt to make a million dollars within 3 years.

Why? Well, long story short, I’m an Ivy League undergraduate student, and I’m not particularly happy here. I’m not enjoying university as much I feel I should be. Right now, after 18 years of non-stop studying, I’ve pretty much lost all interest in studying and school. My ultimate goal is to prove that university is unnecessary for financial success in life. I want to drop out of college and start earning money.

HOWEVER, I won’t do this unless I’m SURE that I’m doing the right thing. Regardless of enjoyment, an Ivy League education is not something that should be given up easily.

My plan to make a million dollars involves three main steps.

First, I will attempt to build income flow through blogging(here), and other internet related businesses (buying and selling web businesses, etc). This is not so different from what the creator www.bloggingexperiment.com is trying to do. I will be attempting to follow the examples of him and several other people in order to achieve success in this stage.

Secondly, after (and if) I have built a solid income (3000-5000$ / month), I will attempt to invest in various forms of investment with my newfound income flow. Real estate is one of the big areas that I (hopefully) will be focusing on in this stage.

Finally, by expanding both web and non-web business ventures, and by maximizing passive, automatic flows of income, I will have enough capital to expand into real estate heavily and, by using techniques set forth by Robert Kiyosaki in his famous ‘Rich Dad, Poor Dad’ series, I will attempt to Make My Million.

Essentially, I am currently in a situation where I’m not happy. I would like this to change. This is the way I can change my situation. On the way, hopefully I can learn a lot, and pass on what I’ve learned to you, the reader. The point of this blog is to show that academic success and financial success, though often correlating, don’t necessarily depend on each other. Not only Bill Gates, Steve Jobs, or Sir Richard Branson are capable of succeeding without completing college. College should NOT be essential. I can succeed without relying on University. I can succeed without being some sort of genius. And hopefully, regardless of whether I succeed or fail, I can pass on what I’ve learned to you, the reader.

Hopefully you’ll support me in my journey to Make My Million.

It would be extremely appreciated if you could leave comments throwing out ideas on how to begin. =D