Greetings fellow passive income pioneers! Welcome to my blog where I will document my latest attempt at building a successful Neobux account. I first dabbled in Neobux in 2016. I clicked a lot of ads and obtained about 40 rented referrals but later let the account dwindle, eventually closing, because I was unhappy with the earnings and the decrease in ads.
During my first attempt I decided to just click ads… 200+ of them per day earning about $1.00 per day. These ads began to decrease and eventually reduced down to only 20-30 per day. Because of this I decided to try renting referrals. I had some trouble with managing the rented referrals. I was recycling them too much, or too little, and I couldn’t make enough money to extend them for any reasonable amount of time. Even with the help of the Neobux Points, I couldn’t keep up and failed. Eventually the rented referrals began to expire and I let the account run out until it was closed.
My career background is in accounting, and naturally, I began to think about the cash flow management of a Neobux account. I figured that there must be a way to slowly build the account and manage its cash flow to allow for slow and steady growth. There are too many success stories out there from other users and Neobux has been around long enough to prove that they’re at least a legitimate operation. With that being said, this is by no means a “get rich quick” scheme, or even a “get rich slow” scheme. The reality is that even Neobux users who have been active for many years and who have accumulated over 10,000 rented referrals only withdraw a few hundred dollars from their account per month (Source: browsing the Neobux Forum stats). Still, it’s an attainable and worthwhile goal, especially if you can do it without an initial investment into Neobux.
My method for this experiment will be to create a spreadsheet and project the cash flow of my Neobux account for the next few months. Basically, I will attempt to predict the money coming in (earned) and the money going out (renting, extending, and recycling referrals). This will provide me with an idea of when I should rent, extend or recycle referrals, how long I should extend them for, how many I can recycle, etc… all determined on what I can afford based on my projected cash flow. Projecting cash flow will also tell me when I can afford to upgrade my membership to Golden.
Having this type of plan is necessary for the potential success of any business endeavour. I will also be using the Neobux Handy Referrals Manager to help me be more efficient with my rented referral recycling. As I’m writing this, I’m actually about a month into my Neobux account experiment and should have more posts ready soon. I haven’t decided If I will do weekly or monthly updates but they will follow this post (the first few probably very soon). I will also include my direct referral link here: Neobux Referral Link. I haven’t had any experience with direct referrals but from what I’ve read, they do not earn much and there’s a limit on how many an account can have. Thanks and enjoy!
Can you give me your email address so we can talk a bit about cashflow and strategies?Have a nice day!
ReplyDelete