As of today this website has sold a total of $46.05 of advertisements - so I wanted to do a little bit of digging to see exactly how much PayPal is taking for service fees!

For the $46.05 of advertisements I sold, PayPal took a total of $4.42.

So once I reach my goal of $1 million PayPal will take $95,982.63 in service fees based on how they have charged me so far.

I could use any provider like 2Checkout or Google Checkout and lower the fees. I use PayPal because from my research in internet marketing it converts better and they provide an excellent service. Wish Marketing Experiments would do an experiment on this.

Plus I do not mind help boosting eBay’s shares since Peter Thiel has a nice chunk of shares since he sold PayPal to eBay for $1.5 billion. It is pretty cool that Peter Thiel invested $3.5 million to Aubrey de Grey’s Methuselah Mouse Prize to help combat aging. Here is Aubrey’s video from TED:

In preparation for the upcoming marketing push I have made the website a little more social. I used two places which you are probably familiar with; FeedBurner and AddThis.

That means you can now subscribe to the blog through Feedburner and bookmark this website across the many available social bookmarking websites. And - if you haven’t already please add me as a friend on one of your social networks!

The front page had a recent minor make over. There were a few things bothering me so I fixed them.

Now when you scroll over a keyword it will underline itself and turn a darker blue unlike before where it would uppercase and become bold. This change makes the website a lot smoother. The keywords on the main page appear in random order now. A friend of mine said he was tempted to buy a keyword and stick the letter A at the beginning just to get higher position!

The other change was for an automated system in the back end!

Today’s final count is: $36.05 (almost double from yesterday)

It is nearing - the private stage (or launch to my newsletter) is almost complete!

I have had time to gather feedback and create a better frontend and backend system. It is almost time to get my hands dirty and start with my marketing push. It will be a very interesting next couple of weeks!

Stay tuned and be sure to join our newsletter!

P.S. - I sold another $6 worth of advertisements and the total is now $19.

The first of the advertisements are now live so check them out:

• Affiliate Marketing
• Affiliate Software
• Dish Network
• Facebook
• SEO

Within 24 hours I have sold $13 worth of advertisements and now have a total of 121 friends through various social networks. A lot of my newsletter subscribers have sent emails to me saying they really think this is a neat idea!

Lastly - I will be making some updates to the website based on feedback I have received so far. Here are some of the updates I will add in before I start marketing this website heavily:

• Unlimited amounts of keywords instead of 10
• Keyword Suggestion Tool

Within the first 20 minutes of the launch of this website, to my newsletter, I saw my first sale for $1.

12 hours in I have sold $11 worth of advertisements.

I have had a lot of people email with positive feedback which is a great sign.

Overall I am extremely happy with the performance of the private launch but will keep it private for another week while I play around with some new features!

The time has finally come to launch The Social Millionaire. To start off I will be letting my newsletter have a sneak peak and give them the first hand at purchasing advertising space.

After this I will begin to heavily promote this website! Enjoy the website and if you have any questions please contact me. Don’t forget to sign up to my newsletter in the right column!