Membership Website - Turn What You Know Into a Highly Profitable Business

If your are interested in building an online business, or turning your passion for blogging into something that actually makes money, a membership website might just be the business model for you.What is a Membership Website? A membership website is a website that offers premium content for a recurring subscription payment. The role of a membership website owner will be to build a website, add content, build a subscriber base and tend to the needs of subscribers. In time a membership site can become a semi-passive source of income, needing only 4-8 hours a week to answer questions and add new and relevant content based on the current marketplace.What Makes a Membership Website So Great? Membership websites are attractive because profits add up quickly. Let me give you an example:Month One: You set your website up and advertise it through a number of sources. You set your subscription rate at $25 per month. (This rate is low, though even at this price the profits will be impressive.) With modest advertising you attract 8 members. That's $200.Month Two: You work to maintain the interest of your current members adding new content and answering email. You also spend about half of your available time marketing your website. You add 12 new members. That's $300 plus the $200 from month one.Month Three: You maintain the same routine as you did in month two and gain 14 new members. That's $350 plus the $500 from month one and two. You are now making $850 a month in semi-passive income. Members do drop out, though you can see that it is relatively easy to add new members. In a very short time your profits will begin to soar, and you will have the opportunity to live the life you have always wanted.