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Three Reasons To Convince You To Try Making Money Through A Blog… And Three Reasons Not To

26 February 2009 2 Comments

Blogging has exploded over the last 5-6 years.  I saw a stat once about how a million or so blogs are started every day.  If that is the case, then I imagine a million blogs also are shut down every day.  I’ve had this blog online for about 10 months now and I’ve made a little cash with it.  I imagine 99.99% of blogs make zero money so in that respect, I have to be happy.

Three Reasons Why You Should Try To Make Money Blogging

1. It’s Always “On”

The internet always runs and so does your blog.  If you can build up a nice blog, you can make money while you sleep.  Not bad!

2. Your Content Doesn’t Go Away

The more content you write, the more content builds up.  Your content doesn’t go away and search engines will continue to index it, which means eventually you can have a pretty significant level of content pulling people from search engines to your site.

3. There Are Easy Programs To Implement To Earn Cash

The internet has a multitude of great offerings to implement to try and monetize your traffic, assuming you have traffic.  Google Adsense is the most popular and extremely easy to use.  Also check out Kontera, Commission Junction, etc.

Three Reasons Why You Shouldn’t Try To Make Money Blogging

1.  It’s Very Hard To Get Traffic

Any serious level of traffic is very hard to come by, especially in the beginning.  It can be very hard to get started and you can easily get frustrated with your lack of progress.  You need a well defined niche and strong content.  Then you need to figure out a way to get the word out.  Eventually search engines should send some traffic.

2.  It’s Time Consuming

Many people like to call blogging for money “passive income”.  It’s definitely not passive, it requires a great deal of time.  Researching, brainstorming, writing, getting the word out, it all takes time.

3.  It’s Crowded

Worst of all, the blogosphere is very crowded.  You can find blogs about every topic you can think of, which makes it hard for a new blog to gain serious traction.  Find a specific niche that you know a lot about.  Take a look at technorati.com to see what kind of blogs are out there regarding the topic you’re considering.

2 Comments »

  • the weakonomist said:

    Right on all counts! Thankfully I still pretend it’s a hobby so any income is just saved.

    Good list!

  • Chiko777 said:

    I agree, totally. I also see blogging as a hobby (at least for now). I mainly used it as a form to communicate to people on how I plan to be financially independent from a 9-5 by the time I am 25 years old.