Building Niche Sites

Heres my basic formula for building Niche Sites:

1. Identify keywords that:
a. Get search traffic
Have advertisers willing to pay for said traffic
Have a reasonably level of competition (i.e., can I rank #1 in Google for it?)
2. Build a site based around this keyword topic
3. Build links to this site to get traffic
4. Add monetization once I have decent traffic

5. Repeat

It's a fairly simple process, really, but it takes some learning and getting used to.
We'll take closer look at these steps at subsequent posts.