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Long Overdue Update!

It has been too long!

Since 2012 I had been almost always posting once/week with the exception of a couple 1 month breaks.

It has been A LOT longer and this post is to communicate…

  • Where have I been?
  • How have my businesses faired with lack of time on them?
  • What to expect moving forward at AuthorityWebsiteIncome?
  • What has my focus now?

Where Have I Been?

My focus has been and continues to be on the project adbank.network where we have a real opportunity to cause some disruption to a giant problem!

The short version of what adbank does is it is an ad network build on the Ethereum blockchain that has payments transparently flow directly between advertiser and publisher with the middle mans cut finally being fully transparent!

If you are an advertiser or publisher you can test out the beta platform here – https://beta.adbank.network/

 

 

What is exciting is that many of the skills I have developed building my online businesses have been stretched executing on this project.

 

What does my focus mean for my online businesses?

They are going nowhere, I have always been focused on building the systems/procedures and teams to continue the execution of the businesses with as little involvement from myself as possible.

So for each of the business divisions here is how they have fared with me not spending much/any time thinking about them…

My Website Portfolio:

I have continued to let this business slide especially on the monetization side it has been the hardest hit by my lack of focus.

It is relatively easy to systematize the articles (ContentRefined) and links (LightningRank) for the sites but the hard part is monitoring the monetization. Some of the assets continue to do well and even grow despite my lack of focus while others completely fell off the map from an earnings standpoint. Sites that once made $1k-$3k/month with the same traffic now are making almost zero because of a handful of very fixable reasons… affiliate program no longer exists, links broken, advertising paused due to handful of reasons.

I don’t see a lot of focus getting out here with the exception of a couple I have handed off to managers to run including focusing on the monetization of those sites.

This is the benefit of the systematized approach where many systems held and despite me not putting any thought into my portfolio sites the content from ContentRefined and links from LightningRank kept coming.

 

Productized Service Businesses:

I am very proud of the managers on these businesses!

These businesses launched with the initial push from the AuthorityWebsiteIncome audience but without any support for the last months have continued to be strong performers.

Kelley at LightningRank plus another new business she launched off of nothing more then an email idea from me had their best months ever at the end of last year.

Maddie and ContentRefined has continued to grow bringing on additional staff in house and dialing in our ideal client (portfolio managers!)

 

Whats Next at AuthorityWebsiteIncome.com?

Only useful articles!

Right now there is a large team that is pushing hard every day to get sites to perform well in Google leveraging great content and links.

As we push on this basic concept there are a lot of interesting learnings.

So… we will be sharing as much useful/actionable information as we  can related to

 

What has my focus now?

The project adbank.network did a successful token sale and is now actively pushing on 3 primary fronts.

Tech:

The tech development is going very well with plenty of challenges. We have delivered a working beta platofrm on the main net 2 months after ICO.

In addition we have hired a brilliant PH.D. In computer science with a specialty in machine learning and are continuing to grow the team.

Acquisition:

A big part of our strategy is to seed the adoption of the disruptive technology by acquiring existing ad networks and converting them to the adbank platform.

Intellectual Property:

With a patent pending on the application of AI to leverage transactions that occur on a blockchain to fight digital ad fraud we hope to have a winning position in the market.

 

Summary

It has been the craziest project I have been a part of. Very proud of the team behind adbank as well as the team that has continued to grow the other businesses with a giant lack of support from me. They are all very inspiring people!

About the Author Jon

I am a 33 year old husband, father of 3, engineer and a huge fan of developing systems to build useful and profitable websites. The reason I build online businesses is to provide financial independence for my family and yours AND so I can spend time outside skiing and biking with my family.
Jon Gillham, Online Entrepreneur

Leave a Comment:

4 comments
Alex Nob says April 7, 2018

Welcome back Jon and thanks for the great post!
The blockchain-based new ad system looks great and I’m looking forward to hearing more about it (maybe next post?)
2017 is a quite bad year for me (since my aff sites’ income drop insanely from $10k/month to nowhere around $100 (lol), so I now (learning from you) start focusing on building a system for everything. I would appreciate if you can write some detailed posts about methodology of building a system (in your case), so others can also learn from you
Again have a nice weekend Jon, and always succeed 🙂

Reply
Karl says April 7, 2018

Awesome presentation from AdBank. Very entertaining.
Looking to hear lots more about this as it grows.

Having a drop in revenue with the same traffic volume is something I’m super weary about.
Besides the affiliate offers shutting down operations, I can’t see why the change in revenue would be that significant [From about 3k/mo TO almost $0]. Something is definitely up.

Would like to get an update on how far you’ve been able to go to get the said site back on track, that’s of course if you get enough time to work on it.

Either way, please keep us posted.

Reply
Chris Lee says April 11, 2018

Wow, Jon! Sounds like your new ventures are getting bigger and bigger each year. Awesome work, and best of luck.

Reply
Nate Alger says April 12, 2018

Hi Jon,

Thanks for the update! It would be cool to see one of your old financial updates with how your income fluctuated when you stopped paying attention to your other projects.

Reply
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