Why this is the best time to make money online

We are witnessing a fundamental shift in the way money is made. The world is moving online and if you are stuck in the old way of doing things, you could be missing out on a world of opportunities.

To see how significant these changes are, look at the following statistics.

  • The number of people with internet access has increased from 1.97 billion in 2010 (28.8% of the global population) to 5.2 billion in 2021 (65.6% of the global population) (Blogging Statistics).
  • Digital advertising spending (Blogs/Websites, Online Video and Social media) surpassed that of traditional advertising (TV, Print, Radio) in 2019 and now accounts for 64% of all advertising spending.
  • The 2020 pandemic forced many businesses to go online with over 44% of small businesses making over a quarter of their sales through digital channels.

What online business should you start with?

There are many ways you can make money online and you should try a few to see what matches your particular strengths, personality and skills. Blogging is a great way to get started online, especially for beginners. Here is why:

  • Blogs are cheap to start and run. You can start a blog for less than $5 a month (see how).
  • It is a proven way of making money online. There are many examples of bloggers making good money online (see blogger income reports).
  • The blogging industry is growing rapidly and many opportunities are opening up (see Is blogging dead?).
  • You can do it part-time. You don’t have to quit your job to do it and this greatly reduces the risks (see my article on full-time blogging).

Blogging has many other advantages. If you want to explore them in detail, read this article here.

How to Start a Blog that Makes Money

To make money from blogging, you need to strategically write content that is designed to provide true value to your readers. This is different from randomly putting your thoughts online.

The first step is to get your blog set up the right way. Fortunately, you don’t need technical skills to do it.

You can create a beautiful and functional blog even if you have the most basic computer skills.

If you are not sure about how to create a blog, check out my step-by-step guide. It will show you how to create a well-optimized blog while avoiding the common set-up mistakes that ruin many blogs.

Quick Start Guides to Blogging

After setting up your blog, you can also explore the following articles to quickly get you started in the world of blogging.

Frequently Asked Questions (FAQs) about blogging

These days, you don’t need to be a designer or have any specialized technical skills to start a blog. There are tools and services that make this process easy. See my article on how to create a blog for more

It can cost less than $5 a month to start and run a blog if you go with shared hosting provider like ChemiCloud.

Blogging has many benefits especially if you want to make money online. Read about these benefits here and here.

The biggest disadvantage of blogging, especially if you want to make money, is that it takes time to earn a full-time income (2-4 years) (see here for more)

Data from blogger surveys show that most bloggers make less than $100 a month. However, 15% of bloggers make a full-time income while top bloggers make over $100,000 a month. See more here.

Since it can can take a long time before you make a full-time income from blogging, it is better to start with part-time blogging until you can replace part of your income. See my article on full-time blogging to see the challenges that come with full-time blogging.