Starting a new website for profit can be a daunting task. How can you make money and how long should it take to get traffic? There are several ways to make money with a new website. One popular option is to charge people to join your site. I do not recommend this version personally and here’s why. When it comes to charging people money for online services, you’ll rarely find people willing to pay immediately. Everybody wants to try it first. But where do you draw the line between using ads and charging members? Personally I’ve found that charging members is almost never something that will go over well. I’m referring mostly to forums in this case, but I have seen other sites have similar problems when it comes to charging members.

When I’ve offered extra features to subscribers, this has generally not been a bad thing. But I’ve created websites for people who wanted to charge for EVERYTHING and this is NOT something that I recommend. People generally don’t mind paying extra for extra features and benefits once they are used to your website and community, but, you will be hard pressed to find somebody to pay without ever even being a normal or non-paid member of your service or website.

This is where having an ad supported site can solve all of your problems. Here’s the catch. In order to make decent money from ads you need to have a decent amount of daily traffic. In order to have a decent amount of daily traffic you need to have something that draws people in. This is why many new websites fail. Everybody wants to have a successful website but nobody wants to pay out of pocket to get there. The fact of the matter is that it is going to take money to make money online. Sure you can SEO your website and bring in traffic from search engines, but unless you have a lot of content when people arrive, the traffic won’t do you any good. People will leave as quickly as they arrived.

I am a strong believer of putting money back into my websites. Whenever I start a new website I always plan to put at least 90% of the income back into the website for at least 6 months. Honestly the longer you re-invest your income the more money you could potentially make later on assuming you are smart with your marketing, development, and of course day to day maintenance.