When you're writing about your hobbies and passions, it doesn't feel like a chore. Blogging can consume a significant amount of time on the weekends (that's when I mainly write), but it can also pay quite well if you have a targeted audience. That's where people almost fall out of their chairs when they hear how much you could make as a professional blogger. I personally know a number of bloggers who are generating a high six figure income just from blogging. You don't have to sell any products or services to generate that type of income. You can make money using a passive income strategy: advertisements.
For me, blogging has become a second career. Consider it one of my parallel careers.
Here's how much I've been making with my blogs:
- From 2006-2008, I was not generating any revenue from my blogs. Blogging was a hobby, but it was not a business.
- In 2009, I decided to generate revenue from my blogs so I split my content into 4 different websites and I joined the HCPLive network. I tested a number of other different revenue and advertising models to see what would generate the most income. By the end of 2009, I had made roughly $25k over a 6-month period.
- In 2010, my blogging income reached six figures. I'm still actively testing a number of different revenue models so that I can effectively advise others about what works and what doesn't work.
You may be wondering whether you could turn blogging into a career. You can, but it will take some time to build traffic to your site. Plus, you need a business model that will provide a worthwhile return on your time investment. Blogging can be a great source of supplemental income as well.
Over the next few months, stay tuned as I provide more tips about blogging.
holy smokes!
ReplyDeletei cant wait to learn more!
I'm interested to hear about the ways you make money blogging on this. My approach has been similar to yours, but I started making money a bit earlier than you.
ReplyDeleteThere's certainly a lot of potential to make money blogging. I look forward to seeing you at HIMSS. I'm working on an initiative that I think will be of interest to you as far as monetizing your blog even better.