Blogging Will Not Make You Rich

Do you have dreams of making thousands of dollars every month with a blog? Or maybe you think you’re idea is so good that you could make tens of thousands of dollars each month? For many, this is simply a fantasy, and it most likely will never happen for the average blogger. So, if this is the case, why do I blog? And, how am I earning my money? Those are great questions – let’s dig in.

My Blogs

When I started my first blog, I knew that I wouldn’t be able to make thousands of dollars each month immediately. I had done my research and realized that I most likely wouldn’t see a penny from my efforts until after at least 6 months. Since my wife and I wished to relocate from Florida to Michigan, this was merely a means of supplementing my wife’s income in the transition.

It actually took about a full year before my blog started earning some money, and I was one of the lucky ones that chose a topic that was more easily monetized: finance. My friends that started blogs on leadership and other less popular topics had a much tougher time monetizing their sites, even though their traffic may have had a higher volume than mine.

Some Made It Big… For a Few Seconds

Some other friends of mine worked much harder on their blogs, and they found themselves earning over $4,000 a month! This lead to many of them to quit their full-time jobs because they thought that they could just start more blogs and continue to grow their income.

Well, sometimes a slight change in Google can have massive repercussions on a blogger that depends heavily on SEO and Pagerank. Suddenly, with just one Google update, their income went from $4,000 a month to only $200 or $300. This was clearly not enough for them to live on and they desperately needed their old job back.

Don’t Focus on Blogging as the End Goal

In my experience, it is possible to earn between $1,000 and $3,000 a month with a single blog, but these earnings can quickly turn to nothing overnight and should not be depended on. Rather, I would suggest that people start a blog, not for a long-term income, but for an introduction into the online money world.

There are so many ways to make money online today, but many of them are difficult to get into with no prior online connections or experience. This is where the blog comes in handy. Once you start a blog, you certainly might earn a few bucks with it, but what’s more important are the connections you make through that blog, and the eye-opening opportunities that are indirectly related to it.

What Types of Earnings Am I Talking About?

By throwing yourself into the online community, you will quickly discover the businesses that do not yet exist, but would thrive in aiding the new blogger. For starters, perhaps a series of eBooks are needed on a particular topic that has little information on the web. You could make money through the sales of each book!

Second, perhaps you’re looking for an app that can help you with your blog or personal life, but you can’t find anything that works the way you’d like it to. There’s another opportunity! Create one and perhaps it will turn into the next million dollar craze!

Third, you might discover a new product that you think will sell great in the next 5-10 years, but it just hasn’t been properly marketed yet. With your blogging experience, starting an online store doesn’t seem like that big of a deal, and why not give it a shot? This could be that million dollar move that makes you rich!

The list could really go on and on here, but I want to make sure my point is clear. I encourage you to start a blog to make more money, but don’t limit yourself to blogs. Keep your eyes open to take your earnings to the next level, and you’ll never regret your blogging days. Good luck!

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2 Responses to Blogging Will Not Make You Rich

  1. Thanks for the inspiration. The blog is my first venture but with any luck once I get that running I will have another.

    • Derek says:

      You’re doing great so far. Keep working at it and your eyes will soon be opened to all of the online money-making opportunities out there!