Comments on: Why blogging for money will not make you rich http://monevator.com/blogging-for-money/ Make more money, invest profitably, retire early Wed, 23 May 2012 05:56:40 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: DanielDLaine.com http://monevator.com/blogging-for-money/comment-page-1/#comment-113467 DanielDLaine.com Mon, 07 Nov 2011 16:11:24 +0000 http://monevator.com/?p=368#comment-113467 Hi M Things 'do' eventually fall into place if you just stick at it while at the same time, not wasting too much time on it. My latest blog (the blog in this comment link) has been up for less than a year and while I have not made any 'major' effort to blast it all over the net, as it is intended to be a long term project, just my basic SEO and regular posting of 'original' and appropriate content has given me a first page on the SERP's for my chosen keywords and a Goog page-rank of one, along with new registrations daily. All these elements, when built up to a suitable lebel, provide a sound platform for monetising - which, for long term projects like my current one, entails a lot of input - and all this is needed before you can even 'think' about monetising anything! An old coach of mine always said you should never apply Adsense, or similar to any site until there's at least 800 - 1000 subscribers. Regards Daniel Hi M

Things ‘do’ eventually fall into place if you just stick at it while at the same time, not wasting too much time on it. My latest blog (the blog in this comment link) has been up for less than a year and while I have not made any ‘major’ effort to blast it all over the net, as it is intended to be a long term project, just my basic SEO and regular posting of ‘original’ and appropriate content has given me a first page on the SERP’s for my chosen keywords and a Goog page-rank of one, along with new registrations daily. All these elements, when built up to a suitable lebel, provide a sound platform for monetising – which, for long term projects like my current one, entails a lot of input – and all this is needed before you can even ‘think’ about monetising anything! An old coach of mine always said you should never apply Adsense, or similar to any site until there’s at least 800 – 1000 subscribers.

Regards
Daniel

]]> By: The Investor http://monevator.com/blogging-for-money/comment-page-1/#comment-113460 The Investor Mon, 07 Nov 2011 14:55:57 +0000 http://monevator.com/?p=368#comment-113460 @Daniel -- My blog income is now up to about 1/7th of my total income, gross. But it's been an absolutely enormous slog over the past 4+ years! That said, with scale you finally can afford to spend some time trying to move the needle on income, and I can see some fairly low-hanging fruit that might boost my income. Watch this space, and thanks for commenting. @Daniel — My blog income is now up to about 1/7th of my total income, gross. But it’s been an absolutely enormous slog over the past 4+ years! That said, with scale you finally can afford to spend some time trying to move the needle on income, and I can see some fairly low-hanging fruit that might boost my income. Watch this space, and thanks for commenting.

]]> By: DanielDLaine.com http://monevator.com/blogging-for-money/comment-page-1/#comment-113450 DanielDLaine.com Mon, 07 Nov 2011 13:30:07 +0000 http://monevator.com/?p=368#comment-113450 I agree. I also think that, unless you're just 'niching' (selling affiliate products on every single post) it takes at least a year or so of regular posting, just to build up 'trustworthiness', but if you're in the blog game anyway, an hour or so a week to keep this up is no biggie! I'm still not sure about the Hot Dog Stand?? :0) Generally, people don't want to open Hot Dog stalls, although I absolutely agree that they would make much more money than any 'new' blog start-up in the first six months! I came back to read this post again as it effectively takes you back to your blogging roots, when you probably didn't earn any money for ages. However, the same old cliche applies... Those who stuck at it, were probably pleased they did, and for those who gave up, they'll never know how easy it can be 'when' you manage to find that area of interest that people also want to buy in! Financial Samurai has got it right. (education, community, and having fun.). Blog because you want to! (That is the secret) Your blog will be better and assuming you are applying the right monetising techniques, the money will follow in due course. Regards Daniel D'Laine I agree. I also think that, unless you’re just ‘niching’ (selling affiliate products on every single post) it takes at least a year or so of regular posting, just to build up ‘trustworthiness’, but if you’re in the blog game anyway, an hour or so a week to keep this up is no biggie!

I’m still not sure about the Hot Dog Stand?? :0) Generally, people don’t want to open Hot Dog stalls, although I absolutely agree that they would make much more money than any ‘new’ blog start-up in the first six months!

I came back to read this post again as it effectively takes you back to your blogging roots, when you probably didn’t earn any money for ages. However, the same old cliche applies… Those who stuck at it, were probably pleased they did, and for those who gave up, they’ll never know how easy it can be ‘when’ you manage to find that area of interest that people also want to buy in!

Financial Samurai has got it right. (education, community, and having fun.).

Blog because you want to! (That is the secret) Your blog will be better and assuming you are applying the right monetising techniques, the money will follow in due course.

Regards
Daniel D’Laine

]]> By: Karen Bryan http://monevator.com/blogging-for-money/comment-page-1/#comment-111230 Karen Bryan Wed, 26 Oct 2011 12:18:50 +0000 http://monevator.com/?p=368#comment-111230 I wish that there more articles like this to add a dollop of realism to aspiring bloggers reeled in by "make money blogging" ebooks/courses etc. I think that Monevator is going to struggle to get massive traffic because it's very niche; it's for pretty sophisticated investors and the UK market is pretty small. I'm a newbie personal finance blogger, I've recently diversified after 5 years travel blogging on Europe a la Carte, the last two years full time. One of the main things I learned from travel blogging was to focus on SEO from the inception of a blog. I'm not saying write keyword stuffed tripe but try to combine SEO with quality, unique content so you're likely to get more traffic, which gives you more opportunity to monetise. I wish that there more articles like this to add a dollop of realism to aspiring bloggers reeled in by “make money blogging” ebooks/courses etc.

I think that Monevator is going to struggle to get massive traffic because it’s very niche; it’s for pretty sophisticated investors and the UK market is pretty small.

I’m a newbie personal finance blogger, I’ve recently diversified after 5 years travel blogging on Europe a la Carte, the last two years full time.

One of the main things I learned from travel blogging was to focus on SEO from the inception of a blog. I’m not saying write keyword stuffed tripe but try to combine SEO with quality, unique content so you’re likely to get more traffic, which gives you more opportunity to monetise.

]]> By: Daniel D'Laine http://monevator.com/blogging-for-money/comment-page-1/#comment-97604 Daniel D'Laine Fri, 09 Sep 2011 16:52:38 +0000 http://monevator.com/?p=368#comment-97604 Hi, and what a great article but I don't know which side to see it from. I both agree and disagree with it - all at the same time. However, what I'd say is that yes, I do agree that the average 'doing nothing much' blog earns around a dollar or two a day, but thats exactly where the money lays if you can be bothered to really get cracking. Imagine if, over a period of a few years, you had built up a thousand of these 'doing nothing much' blogs, all earning a dollar a day? I know of a few (long in the tooth) marketers who have over 25,000 crappy blogs, all earning a dollar or so a day, with not a fancy theme in sight. Ok, what a boring way of earning money, but after a while, when some money has been generated, 'outsourcing' comes into effect, which releases you from the tedious boredom of hardcore blogging to spend some time writing a blog for the fun of it. :0) Who wants to earn a $1000 a day from blogging? We all would do. Who can be botherred to write a 1000 blogs asap? Very few of us, but if you do, and you include just enough SEO to make them feature high enough in the SEPR's including all the correct crosslinking methods, blogging 'will' generate you a healthy 'passive' income!! So, is the hard work worth it? Try it and see for yourself, but remember what I tell to all my students: If you never try it, it will never work! Regards Daniel D'Laine Hi, and what a great article but I don’t know which side to see it from. I both agree and disagree with it – all at the same time. However, what I’d say is that yes, I do agree that the average ‘doing nothing much’ blog earns around a dollar or two a day, but thats exactly where the money lays if you can be bothered to really get cracking. Imagine if, over a period of a few years, you had built up a thousand of these ‘doing nothing much’ blogs, all earning a dollar a day? I know of a few (long in the tooth) marketers who have over 25,000 crappy blogs, all earning a dollar or so a day, with not a fancy theme in sight. Ok, what a boring way of earning money, but after a while, when some money has been generated, ‘outsourcing’ comes into effect, which releases you from the tedious boredom of hardcore blogging to spend some time writing a blog for the fun of it. :0) Who wants to earn a $1000 a day from blogging? We all would do. Who can be botherred to write a 1000 blogs asap? Very few of us, but if you do, and you include just enough SEO to make them feature high enough in the SEPR’s including all the correct crosslinking methods, blogging ‘will’ generate you a healthy ‘passive’ income!! So, is the hard work worth it? Try it and see for yourself, but remember what I tell to all my students: If you never try it, it will never work!
Regards
Daniel D’Laine

]]> By: cashcrate review http://monevator.com/blogging-for-money/comment-page-1/#comment-79256 cashcrate review Sat, 14 May 2011 10:15:16 +0000 http://monevator.com/?p=368#comment-79256 I can't count how many terrible blogs I've seen with ads all over them only to get shut down on blogger. So many people out there think they'll get rich doing it, it's sad really. I can’t count how many terrible blogs I’ve seen with ads all over them only to get shut down on blogger. So many people out there think they’ll get rich doing it, it’s sad really.

]]> By: Mitz http://monevator.com/blogging-for-money/comment-page-1/#comment-61168 Mitz Tue, 07 Dec 2010 12:17:52 +0000 http://monevator.com/?p=368#comment-61168 UMMM you are kind of depressing and to be a successful blogger you need to be positive. I would not even bother reading most of this post as I do not want to learn how to be a failure at blogging... I thought you might say you were joking in the end...? .-= Mitz on: <a href="http://feedproxy.google.com/~r/WordpressWB/~3/-pNHvqwjLuE/" rel="nofollow">How Did I Increase Adsense Earnings By 500</a> =-. UMMM you are kind of depressing and to be a successful blogger you need to be positive. I would not even bother reading most of this post as I do not want to learn how to be a failure at blogging… I thought you might say you were joking in the end…?
.-= Mitz on: How Did I Increase Adsense Earnings By 500 =-.

]]> By: Mark http://monevator.com/blogging-for-money/comment-page-1/#comment-51513 Mark Sat, 09 Oct 2010 09:13:49 +0000 http://monevator.com/?p=368#comment-51513 Hey Our story is slightly different - we started an investment portfolio construction web service based on what we do during our daylight hours and because for us it is really necessary to push out to more of the world. We designed it to be kind of like an independent "this is how you should think about building an investment portfolio" for the masses. (So I guess this combines investing and entrepreneurship?) The blog we somewhat reluctantly started - reluctantly because, as you point out, internet marketing is key to it and we know nothing about it and don't have much time, but started anyway because philosophy, thoughts and software don't exist alone. They grow and change and develop, both based on users and improving the software itself. However, I absolutely agree that monetising these efforts (both pushing the software to find a commercial model (it is free) and blogging in it's own right) is HARD. And though we're not trying to monetise the blog directly, so our position is slightly different, the challenges of finding a soapbox high enough to get people to simply even try the software are similar! .-= Mark on: <a href="http://www.spotlightinvesting.com/index.php?readblog+481" rel="nofollow">The 10 most important guidelines to investing</a> =-. Hey

Our story is slightly different – we started an investment portfolio construction web service based on what we do during our daylight hours and because for us it is really necessary to push out to more of the world. We designed it to be kind of like an independent “this is how you should think about building an investment portfolio” for the masses. (So I guess this combines investing and entrepreneurship?)

The blog we somewhat reluctantly started – reluctantly because, as you point out, internet marketing is key to it and we know nothing about it and don’t have much time, but started anyway because philosophy, thoughts and software don’t exist alone. They grow and change and develop, both based on users and improving the software itself.

However, I absolutely agree that monetising these efforts (both pushing the software to find a commercial model (it is free) and blogging in it’s own right) is HARD. And though we’re not trying to monetise the blog directly, so our position is slightly different, the challenges of finding a soapbox high enough to get people to simply even try the software are similar!
.-= Mark on: The 10 most important guidelines to investing =-.

]]> By: The Investor http://monevator.com/blogging-for-money/comment-page-1/#comment-42770 The Investor Mon, 09 Aug 2010 08:42:44 +0000 http://monevator.com/?p=368#comment-42770 @JanS - Very true. In fact, I think your 50% comment is far too generous. I doubt 5% of all blogs set up are still updated, with risks to the downside in that estimate! @JanS – Very true. In fact, I think your 50% comment is far too generous. I doubt 5% of all blogs set up are still updated, with risks to the downside in that estimate!

]]> By: JanS http://monevator.com/blogging-for-money/comment-page-1/#comment-42421 JanS Thu, 05 Aug 2010 22:27:39 +0000 http://monevator.com/?p=368#comment-42421 That was a wonderful tongue and cheek piece. Much of what you said could also be put in the same basket with people trying to make money online by selling things. I find that most people will give up on online ventures after 6 months if they are not making much money. Of course that does not stop other people from trying it out too. I think that if blogs cost at least $500 to start up in the first place you would see a lot less of them and a higher quality. As it is now, there are millions of them and about 50% have been abandoned (not written in for years). Make money online, sure you can but you had better have some knowledge of online marketing and SEO all wrapped up and ready to go. .-= JanS on: <a href="http://feedproxy.google.com/~r/SewingForCash/~3/6pBv_VrCo8s/have-you-thought-about-business.html" rel="nofollow">Have you thought about business insurance</a> =-. That was a wonderful tongue and cheek piece. Much of what you said could also be put in the same basket with people trying to make money online by selling things. I find that most people will give up on online ventures after 6 months if they are not making much money. Of course that does not stop other people from trying it out too.

I think that if blogs cost at least $500 to start up in the first place you would see a lot less of them and a higher quality. As it is now, there are millions of them and about 50% have been abandoned (not written in for years). Make money online, sure you can but you had better have some knowledge of online marketing and SEO all wrapped up and ready to go.
.-= JanS on: Have you thought about business insurance =-.

]]> By: The Investor http://monevator.com/blogging-for-money/comment-page-1/#comment-41868 The Investor Fri, 30 Jul 2010 08:26:23 +0000 http://monevator.com/?p=368#comment-41868 @Sam - Yes, your community/comment focused blog is one of the most Google-proof of all of us I think. As Flexo said the other day, nearly everything except community and fun comes back to Google though. Even community, potentially: Google is the main way for people to find a site they like. Perhaps fun of writing is the only thing that's Google-independent (assuming the blogger doesn't start altering his posts to attract Google). Agree more Google-rivals would be very, very welcome! Go Bing! Go Bing! @Sam – Yes, your community/comment focused blog is one of the most Google-proof of all of us I think. As Flexo said the other day, nearly everything except community and fun comes back to Google though. Even community, potentially: Google is the main way for people to find a site they like. Perhaps fun of writing is the only thing that’s Google-independent (assuming the blogger doesn’t start altering his posts to attract Google).

Agree more Google-rivals would be very, very welcome! Go Bing! Go Bing!

]]> By: Financial Samurai http://monevator.com/blogging-for-money/comment-page-1/#comment-41850 Financial Samurai Fri, 30 Jul 2010 02:19:14 +0000 http://monevator.com/?p=368#comment-41850 I don't kow tow to Google, b/c they are all around me here in SF. We need more competitors to Google. I care little to what Google does to my site. I'm NOT focused on money, which is what I've said since the beginning. I give much of my proceeds away. What I'm focused on is education, community, and having fun. The money just came. .-= Financial Samurai on: <a href="http://www.financialsamurai.com/2010/07/28/the-ultimate-solution-for-a-fair-income-tax-policy-in-america/" rel="nofollow">The Ultimate Solution For A Fair Income Tax Policy In America</a> =-. I don’t kow tow to Google, b/c they are all around me here in SF.

We need more competitors to Google.

I care little to what Google does to my site. I’m NOT focused on money, which is what I’ve said since the beginning. I give much of my proceeds away.

What I’m focused on is education, community, and having fun. The money just came.
.-= Financial Samurai on: The Ultimate Solution For A Fair Income Tax Policy In America =-.

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