Do you honestly believe you can get rich blogging? Well let’s talk a bit about getting “rich” and what it’s worth.
Yesterday I posted my plan to quit my job to blog. I pretty much went into slight detail about how over the next year I plan to leave my nice cushy, time demanding, life sucking job to become a full-time blogger/entrepreneur. I know that this is a long shot and most who attempt this usually fail, but it’s my goal none the less.
After my little speech there I hope you’re still with me. If you are then let’s move on.
The “Right” Way
Lets talk about “The Right Way.” With almost everything there are plenty of wrong ways to do things and usually one right or correct way to do it. With blogging we have a little room for error and experimenting. While there are hundreds of ways to do it wrong, there are also more than one way to do it right.
We Are NOT Trying To Get Rich Quick
The first thing I would like to point out regarding this plan is that you don’t blog and get rich quick, at least not usually. The goal is to blog and get rich over time. Slow and steady wins the race and all that jazz.
I usually don’t use memes, but this seemed like it belongs here. The reason being that if your plan is to get rich quick from blogging, you’re going to stress yourself out and probably quit before realizing your full potential.
Set Realistic Goals
Goals are a very important part of any plan. Having those goals be realistic is even more important.
I advise that you don’t set monetary goals right away, at least not until you know how much you earn on AVERAGE per month. You can’t figure your average earnings from one or two months. I recommend getting the average from six months or more. The reason why I say calculate the average is that some months are going to be better than others and vice versa.
A good goal to set is how many articles to write in a specific time frame. At one point I was blogging once a day. My plan is to get back to that, but it’s proving a bit more difficult at the moment with some of my life situations.
Another good goal is reader engagement. Make it your business to find your readers and engage them. Respond to comments and tweets as often as possible. You may even want to start conversations sometimes.
Manage Your Time Effectively
In order to make this a career, you must treat it like a career. This is your company that you have to build. It’s only going to be as good as the time invested in it. When investing this time, do it both wisely and effectively.
Don’t drain time with social media and other tasks that take up valuable blogging time. Get done what needs to get done in the smallest amount of time possible. I advise setting a time for everything.
For example, let’s say you have 3 hours everyday to spend working on your blog. Some may have more or less, but for the sake of this example we’ll say 3 hours. In my case, I would spend 2 out of those 3 hours actually working on articles and gathering information. The final hour I would use to check emails and respond on social media websites. Your schedule may be different, but make it productive.
Determine Your Source Of Revenue
While you can’t directly decide how much you will make, you can decide where the money will come from. Choosing how to monetize is a very very big decision.
You can choose simple CPC or CPM ads, that allow you to collect money and just write. The ads will make the money for you, you just have to worry about ad placement and increasing your click through ratio.
You can choose CPA advertising and affiliate marketing. This is a little more difficult because you have to worry about making sales. In most cases you actually have to pitch the product or service being sold.
There are other methods as well, like donations, but those are the two most dominant methods above. Choose the method that seems to work best with your niche and style of writing or combine them.
The conclusion that you should’ve come to is that it is possible to do this. The only thing holding you back from making it in the blogosphere is yourself. There’s enough money out here for any of us with the hunger and the drive for it. I’d love to have you at my table.