Launched the New Blog This Week

Well, I had the opportunity to launch a new blog this week along with several fellow personal finance bloggers and other contributors.  It is a collaborative effort where I hope to be able to publish daily content in the personal finance niche.  We have a wide range of individuals who have been submitting articles for publication.  We have all age ranges and many occupations represented.  We have professional writers and retirees.  It is quite a diverse group so I am sure that you will find something of interest no matter where you might be in life’s journey.

Be sure to stop by Penny Thots and give it a look.  Feel free to comment and subscribe as well.  I would love to hear what you think about the new site.  Also, any suggestions are greatly appreciated.

Goals for Penny Thots

1. My first goal is to not lose money.  I am paying the contributors based upon views and will be relying on AdSense revenue until such time as I might be able to get a few private advertisers.  But I can only make any advertising “no follow” since I don’t want to risk any Page Rank on the new site.  I think I should be able to break even with the revenue and the costs, but I really won’t know for sure until I get some time under my belt.
2. Second, I would like to get 2,000 total visits for each of the first two months.  That would exceed the traffic for my other two blogs during the earliest days and provided there is some growth in the third month, could surpass Cash Flow Mantra’s traffic.  It would seem logical that having multiple contributors with other blogs and daily content would make this feasible.  Again, time will tell.
3. Finally, I would like to keep the contributors involved through at least the end of 2012.  I have no doubt that circumstances will change and some might have to stop writing.  However, now that we plan on publishing daily content, I want to be able to keep up that pace.  This may end up being the most difficult of the three goals.  Again, I don’t know since I have never taken on such a project before.

I can tell you that the amount of work that has been involved has been more than I anticipated.  It may be just a matter of getting all of the systems in place and that it will get easier as time goes by.  I still have many articles to review and edit and the logo to design.  I have it in my head but just haven’t had a block of time to get that done.

I did manage to get all the functional aspects of the site done in time and will improve it as I am able.  The next most important part is the content, and like I said, I still have several articles to review and soon the posts for May will have to be edited as well.  My goal needs to be getting 2 or 3 reviewed per day for the next several days.  Then I want to get them scheduled into Word Press.  This week I have just been doing that each morning since I am off.  But I do want to get a nice queue formed.

Carnivals and My Blogs

These are the latest carnivals in which I was involved.  Melissa took vacation this past week so there is nothing recent, but since I get behind on posting the links, it is giving me an opportunity to catch up:

Cute Puppy