Ok, so I've tried to make money online before, took me months to make a little over $40 in adsense revenue before I completely forgot about the topic.
Now I'm back, with a vengeance. Trained and mentally prepared for the journey ahead. The main difference this time is that the monetary goals are long-term, and for short-term I am committed to goals of effort such us getting 100 unique visitors in a month.
Today I just bought my hosting (shared monthly plan for the time being) and my first domain. I had previously done the research for the niche, which has 20,000+ searches per month and a competition of 100,000+. I did make somewhat of a rushed decision, anxious to start some kind of momentum going, considering that the average CPC is under $0.50.
That said, the competition number is high, but the top ranked sites for the keyword aren't aged nor linked greatly. I should hopefully be able to break into the top 10 easily, top 5 with some effort, and the top 3 will show whether I am well skilled or have much more basics to learn.
I plan to start a second project once this site reaches $40 a month. Back to work!