18 Jul 11 5:34 pm
I'd opt for the few quality ones so that you can go and grow them into something much bigger. These will make you much more money in the long term as well.
On the other hand, the autoblogs will struggle to get traffic because the quality simply may not even be good enough to rank high in Google with all the latest updates. Plus, the money may not be as good if it's not going to be converting well.
It comes down to value, and the truth it nowadays with all the crap on the Internet, you need to give value to win in this IM game. Everything else will just be left behind in the shadows and not be seen. So you can have more control with produce better quality with your own sites.
This actually reminded me of something I read from Matt Carter about he he said he'd prefer 5 sites which made him $100 via Adsense ($20 each), compared to 100 sites making him $100 ($1 each). Even though individually, the latter is easier to achieve, the first one shows better growth and consistency. Use that first formula and attempt to make 100 sites, then you'll be sitting on the pile of cash.
One last tip though, money shouldn't be the goal. If you're making sites solely to make money from, you won't get anywhere. You need to provide value in whatever form, and if you have even just a little purpose or passion for it, it will help you in the long run and the money will start knocking on the door. Don't get me wrong, the money is important and you need to pick niches that are rich with cash flow, but this is yet another reason to go for the 5 quality sites, because in the customer's eyes, you're really caring.