Blogger Earnings
Anne Lamott Biography
Anne Lamott is an American novelist and non-fiction writer. She is the best-selling author of books like Bird by Bird, Hard Laughter, and Operating Instructions.
She has written at least 19 fiction and non-fiction books and numerous essays. A former alcoholic, Lamott writes on difficult topics like alcoholism, Christianity, depression, and motherhood, usually with self-deprecating humor.
Lamott was born on April 10, 1954 in San Francisco, California. Her father, Ken Lamott, was also a writer. She attended Drew School and Goucher College in Maryland.
She wrote her first book, Hard Laughter, in 1979 prompted by her father’s brain cancer diagnosis. In her words, the book was “a present to someone I loved who was going to die.”
Lamott was the subject of a 1999 documentary by Freida Lee Mock called Bird by Bird with Annie: A Film Portrait of Writer Anne Lamott. In 2010, she was inducted into the California Hall of Fame.
Anne Lamott wrote her classic book on writing, Bird by Bird in 1994. If you are a budding writer, you will find it full of practical advice that you can use to learn how to write well.
Blogger Earnings
11 Ways to Deal with Failure in Your Blogging Business
Getting into blogging, especially as a full-time business, can be a scary thing. There is a risk that you will put your heart and soul into your business only to have it fail. Full-time blogging comes with numerous doubts and concerns such as:
- How will I make enough money to support myself and my loved ones?
- What if I fail and I have to go back and beg for my job?
- What if I fail and I have to face people who told me I was making a mistake?
- What if I waste 2 to 4 years of my life working on something that will fail?
Entrepreneurship, in general, can be difficult and risky. With a blogging business, just like in any other business, the chances are high that you will fail in your first few attempts.
The great thing about a blogging business is that the cost of starting and running the business is very low, meaning that you can fail and start again several times.
Blogging has many other benefits that make it worth investing your time and effort. But that doesn’t mean that there are no risks.
Therefore, you need to figure out a way to protect yourself so that failure does not complicate your life. You need to come up with a ‘no-fail’ blogging strategy to ensure that you end up winning even if you fail.
In this article, I will explore some strategies that will help you to reduce the risk of failure in your blogging business and help you to successfully overcome failure should it occur.
Some of the topics I will cover include:
- How to diagnose some of the major issues that cause blogs to fail.
- How to use learning to accelerate success.
- How you can protect yourself financially should your blog fail.
- How to stay motivated despite failure.
- How to pivot and take advantage of better opportunities.
If you have not started your blog or are looking to revamp your blog, check out my article on how to create a blog the right way. It will take you step-by-step through the process of starting a blog and help you to avoid some common blog set-up mistakes.
Strategies to protect yourself against failure in your blogging business
Let us examine, in detail, the strategies that you can use to deal with failure in your blogging business.
1. Anticipate and Fix Issues That Can Cause Failure
Issues that cause blogs to fail tend to be common among many bloggers and they are well-documented. It is well worth your time to study the mistakes others have made so that you can get an idea of the mistakes you are likely to make in your blog.
What will cause your blog to fail?
The major causes of blogs to fail broadly fall into the following major categories:
#1. Technical issues with your blog
Technical problems can make or break your blog. It makes no sense to spend a lot of effort and money attracting visitors to your blog only for them to bounce off due to technical issues.
Some of the technical issues you should watch out for include:
- Starting your blog on the wrong platform with the wrong web hosting company.
- Having a blog with slow-loading web pages.
- Having a blog that is easy to hack.
- Having a poorly designed blog that makes it difficult for your visitors to find the information they need.
You can avoid these issues by starting your blog the correct way. If you are not sure about how to go about this, check out my article on how to start a blog the right way.
#2. Inability to attract enough visitors
No matter how good your content is, if you are unable to attract enough visitors to your blog, you will not make money.
The best way to attract visitors to your blog is to get good at Google SEO.
Google is the biggest referrer of traffic to blogs providing about 66% of their traffic (Blogging Statistics).
Google traffic has many other advantages such as:
- It is cheap.
- It can have a long-lasting effect especially if you target evergreen topics.
- It can deliver highly targeted traffic.
#3. Poor monetization strategies
If you want your blog to make money, you need to treat it as a business from day one. If your blog is not making any money, you may quickly get discouraged and give up.
Luckily, there are a few easy things you can do to ensure you increase your blogging income:
- Be clear about how you will monetize your site from day one. Which Ad networks pay well? Which affiliate programs should you promote?
- Diversify your blogging income. There are many ways you can make money from your blog. Don’t leave money on the table.
- Don’t be too greedy when monetizing for example by promoting shady products or constantly spamming your audience with scammy offers. Aim to make a customer and not a sale.
#4. Inability to provide sufficient value through your blog
Creating valuable content is the key to creating a successful blog. Why would anyone spend their hard-earned money on your blog if they are not getting enough value from your content? You need to ask yourself:
- Have you chosen a niche where you can provide value?
- Do you understand who your target audience is and what their needs are?
- Is your content relevant to your audience?
- Are you willing to learn and grow within your niche?
Many of the mistakes that cause blogs to fail can be easily fixed. To find out more about how to fix common blogging mistakes, read the article below:
2. Prioritize Learning How To Do Things the Right Way
Right now, and for the first time ever, a passionate and committed individual has access to the technology, minds, and capital required to take on any challenge. – Peter H. Diamandis, Entrepreneur Quotes
If you have never done blogging before, it is not very realistic to expect to nail it on your first try.
Investing time in learning how to do things the right way is probably one of the most powerful things you can do to find success faster.
Why you should invest in learning about blogging
- It will help you to avoid other people’s mistakes. If you do not know what other bloggers have done wrong and the lessons they have learned, you are bound to repeat their mistakes.
- It will cut down on the time for success. Success in blogging can take a long time if you try to figure out everything by yourself. You do not want to re-invent the wheel. Follow what has worked for others
- It will give you a competitive advantage. Learning the best ways to carry out various blogging tasks will give you an edge over those bloggers who think that learning is a waste of time.
Strategies to learn about blogging
To succeed in blogging, you need all the help you can get. Here are some strategies you can use to give you the best chances of success.
#1. Taking advantage of free and paid resources
You can take advantage of the numerous resources (free and paid) to learn valuable skills that will help you in your blogging journey.
With a platform like Skillshare, for example, you can get access to thousands of courses for an affordable monthly payment.
Some of the skills you can learn on platforms such as Skillshare include:
- How to use WordPress.
- How to get Google traffic through SEO.
- How to design graphics.
#2. Learn from the experience of others
You can learn a lot from the experience of other bloggers. You can do this through:
- Reading income reports. Blogger income reports reveal a lot of information regarding how much bloggers are making, which methods they use to make money, and the opportunities and challenges they face. Check out a list blogger income reports here.
- Joining groups and forums. Find out where other bloggers hang out and join those groups. You can ask questions about any challenges you face.
#3. Learning from your own mistakes
Most of what you learn about blogging will be through through personal experience. You will make mistakes and learn from them.
You should view your mistakes as a source of learning rather than a source of distress.
You can learn by:
- Regularly testing things out, for example, different headlines or call-to-actions.
- Updating old blog posts. Go through your old posts and correct mistakes you made while you were a beginner blogger.
#4. Using data to discover opportunities or uncover hidden mistakes
Without data, you are a hostage to opinion.
Data will enable you to test out different strategies to find out the most effective ones.
There are many data tools that you can take advantage of.
- Use Google Analytics and Google search console (free Google tools) to see where your visitors are coming from and which keywords are getting them to your site.
- Use keyword tools (such as Semrush or Keysearch) to look for easy keywords you can rank for. They can give you a wealth of information on good keywords for attracting visitors.
3. Protect Yourself Financially
Expect the best. Prepare for the worst. Capitalize on what comes. – Zig Ziglar, Entrepreneur Quotes
A blogging business is a great business to have because it is profitable, cheap to start, and easy to run, unlike many brick-and-mortar businesses.
However, in a blogging business, much like in any other entrepreneurial venture, there are some risks:
- It takes long before you start making an income that can support you. A blog can take anywhere between two and four years before it can fully support you.
- The income will vary a lot initially especially if you are in competitive niches.
- An algorithm change to Google or a cut in affiliate commission rates can take away a chunk of your income.
As your blog grows and you get more experience in blogging, your income will become more stable.
In the initial stages, you need to protect yourself financially from these challenges, especially if you intend to do blogging full-time and you have no other source of income.
How to protect yourself financially from blogging failure
There are several things you can do to protect yourself.
#1. Do blogging part-time
Given the challenges mentioned above, it may be better to start with part-time blogging rather than full-time blogging.
A part-time job will help you pay the bills as you grow your blog. However, you need to choose your part-time job well so that it leaves you with enough time for blogging.
- Look for a job with a lot of downtime for example, as night manager or receptionist at a hotel. You can use this downtime to work on your blog.
- Look for seasonal jobs such as working in a summer camp and use this money to support yourself for the rest of the year.
- Look for jobs where you make your own time, for example, taking up gig jobs (such as Uber, pizza delivery)
You can use sites like Flexjobs to check for flexible work opportunities.
For a deeper exploration of the challenges of full-time blogging, check on my article: Should I quit my job for full-time blogging?
#2. Have an emergency fund
You need to have an equivalent of 6 months to one year in savings so that you don’t put yourself under unnecessary pressure. If you plan to do blogging full-time and you have a family, you may need a bigger emergency fund.
Some of the strategies you can use to build up your emergency fund include:
- Reducing your monthly budget by sacrificing luxuries you don’t need.
- Selling stuff that you don’t regularly use.
- Working extra hours in your current job.
#3. Do freelance work
Blogging enables you to build several lucrative skills such as web design, copywriting, and SEO. Since you have to learn these skills in your blogging journey, you might as well get good at them so that you can earn money through freelancing.
Freelancing can win you back a lot of your time and freedom. You can take advantage of this to build your blog.
You can kick-start your freelancing work by:
- Using your blog to market your services. Provide a phone or email contact where they can reach you. You can also use a Livechat service to capture leads.
- Offering your services on a platform like Fiverr. Fiverr can be quite useful in building your initial customer base. You can also find freelance jobs on sites like Flexjobs.
- Reaching out directly to businesses and potential clients. For example, you can approach local businesses in your area and offer to create a website for them.
4. Set Yourself Up To Fail Forward
Fail early, fail often, but always fail forward. – John Maxwell, Entrepreneur Quotes
Whenever you fail at anything, it can feel like you wasted a big portion of your life. This is especially true when working on a long-term project where success is not guaranteed.
How do you deal with this?
You can take the sting out of failing by setting yourself up to fail forward.
When you fail forward, you keep moving ahead even when you fail. It means making the best use of your mistakes to ensure that you benefit despite failing to achieve your main objective.
With blogging, it can take a long time before you start to see results, and results are not guaranteed. Planning how to fail forward can help you cope with the prospect of failure.
How to fail forward in blogging
Blogging has many benefits besides monetary gain so it is not too difficult to plan how to fail forward. Here are some ways you can set up your blogging business to ensure that you fail forward.
#1. Work on something you enjoy
When choosing a niche, choose something that you are interested in.
If working in your niche brings personal joy, it will make you a happier person overall. Even if you fail, at least you had a blast doing it.
To choose a profitable niche that you will enjoy, you need to ask the following questions:
- Will you enjoy writing at least 50 articles in that niche?
- Are there enough people interested in your niche?
- Do you have adequate skills to provide value to others in that niche or are you willing to learn these skills?
- Are there examples of people making money in the niche?
#2. Build skills and domain knowledge
If you spend the next five years blogging about a particular topic or niche, you are naturally going to build up a wealth of knowledge and skills in that particular field.
However, to benefit fully from the knowledge and skills you acquire, you need to choose what you learn carefully. As you learn skills, ask yourself:
- Can you re-use these skills in another business or job?
- Are these skills in high demand?
- Can you learn these skills quickly and cheaply?
The best skills to learn are transferrable skills. These are skills that can be transferred from one job to another or from one industry to another.
Luckily, blogging skills such as content writing, copywriting, SEO, graphic design, and web design are not only highly transferrable but also in high demand.
#3. Build life skills
Blogging can teach you valuable life skills that you cannot learn from any book or course. Life skills are crucial for success in life and you get them through personal experience, usually through making mistakes and learning from them.
Some of the life skills you learn from blogging include:
- How to fail without losing hope.
- How to create habits and routines that help you to become productive.
- How to be persistent.
#4. Provide real value
As a full-time blogger, the main purpose of your blog is to provide value to visitors while providing you with an income that can sustain you.
When your blog is new, you may find it difficult to make a decent living despite providing good value.
Does it mean you have failed? If people’s lives are made better because of your blog, then it is not a waste of time.
For example, if your blog gets 100 visitors a month, you will probably not make a full-time living from it. However, you still have a chance to change and impact the lives of 100 people every month.
Here is how you can provide real value:
- Understand people’s problems, needs, and pain points then try your best to give them solutions.
- Provide what your competitors are neglecting to provide.
If you do this, the few visitors you have will keep coming back and bring others with them.
5. Set the Right Expectations Right from the Start
Many people come into blogging with some pretty high expectations, mainly because bloggers tend to emphasize the rosier aspects of blogging while glossing over the challenges.
The problem with unrealistic expectations is that you can quickly get discouraged if your expectations are not met. You may feel like you are failing when in reality, you are on the right path.
Before you get into blogging as a full-time business, you need to weigh the pros and cons.
Common unrealistic expectations of blogging
Here are some of the common expectations that might lead to failure.
#1. Thinking that you will make a lot of money quickly
People are attracted to blogging when they read of bloggers making $50k, $100k, and even $200k every month. They believe that they will be making this kind of money in no time.
However, you will probably not make anything near that, especially at the beginning. In fact, 50% of bloggers earn less than $100 a month through blogging.
It helps to set your expectations straight right from the beginning. You can do this by:
- Reading income reports from bloggers in your niche including those who are just starting out. Pay attention to how long they have been blogging before they start making good money.
- Look at website marketplaces like Motion Invest or Flippa to see how much money blogs in your niche make.
- Use keyword tools like Semrush or Keysearch to estimate how much traffic bloggers in your niche get.
#2. Thinking that blogging is easy
Blogging as a hobby can be easy and stress-free because there is no expectation that the blog will support your lifestyle. However, if you plan to live off your blog, you need to put in a lot more effort. This means that:
- Your blog will consume a lot of your time, especially at the beginning. Your social life may begin to suffer and this can lead to a feeling of isolation and loneliness.
- You need to do a lot of learning. If you enjoy learning, then this is not a problem. However, you can easily get overwhelmed by how much learning you need to do.
- You lose certainty. With a regular job, you know that your income will come at the end of the month. You work a certain number of hours and make a certain amount of money. With blogging, nothing is guaranteed. You need to be comfortable with uncertainty.
#3. Thinking that success will come quick
Some bloggers write a handful of articles and conclude that blogging does not work when they don’t see much traffic.
It will take time to get decent traffic especially if you rely on SEO traffic from Google. Don’t give up and delete your blog before:
- You have a critical mass of content on your site. Aim to write at least 50-100 high-quality articles that are SEO optimized.
- You have given your content enough time to rank. If you have a new blog, it can take up to 6 months for your articles to start ranking if you have done things well. It can take longer for competitive or YMYL topics.
If you do these things and decide that you still want to quit, you can sell your site in marketplaces like MotionInvest or Flippa and make some money instead of deleting your blog.
6. Adopt a Long-Term Mindset of Success
Most people overestimate what they can do in one year and underestimate what they can do in ten years. – Bill Gates, Entrepreneur Quotes
Given that success in blogging is more like a marathon rather than a sprint, you need to plan for the long term.
Give yourself enough time to succeed as you work patiently and doggedly on your blog.
How not to give up too soon
You can rob yourself of success by being too impatient. Here are some strategies you can use to cope with impatience:
#1. Motivate yourself to embrace delayed gratification
Many people sacrifice large and important long-term benefits for small short-term benefits. It is how our brains work; we lose motivation when things seem to be taking too long. You can re-wire your brain to pursue long-term benefits by:
- Having an exciting vision. Your goal for having a blog should be exciting enough to keep you going even when you don’t see immediate benefits.
- Creating and celebrating small milestones. When you are working on a long-term project, your end goal can seem too far and this can be discouraging. Deliberately set and celebrate smaller milestones that contribute to your final goal.
- Resetting your expectations. When you have the right estimate of how long it takes to accomplish something, you can prepare yourself mentally.
#2. Consistently take action
When you are not consistent in taking action, you can easily get frustrated at your lack of progress. Create consistency by:
- Building habits. When you build a habit, you don’t have to rely on willpower to do things. You can build a habit by doing a task every day, for example, by sitting down to write every day.
- Starting small. If you find it difficult to consistently take action, you can start small and build from there. For example, if you cannot write for one hour every day, you can try writing for 30 minutes.
- Tracking your progress. You will be more motivated to work on something as long as you see some progress.
#3. Go at your own pace
When you try to rush towards success, you can easily get overwhelmed and suffer burnout. You need to:
- Avoid comparing yourself with others. Comparing yourself with others will only leave you feeling frustrated at your slow progress. Be comfortable with the fact that some people will start blogging later than you but make more money faster than you.
- Enjoy the process. The journey matters more than the destination. If you don’t enjoy many of the activities that come with running a blogging business, you are better off doing something else.
- Avoid doing too many things. Focus on the tasks that will have the most impact on your business. If you do too many things, you will end up with many half-finished projects.
- Take regular breaks. If you find yourself getting bored or losing interest, it is okay to take a break and work on something else you enjoy. Once you feel rejuvenated, you can come back and put in 100% of your effort.
7. Have a Pivot Plan
Your blogging business will sometimes fail despite your best efforts. Rather than giving up on blogging entirely, you should explore ways that you can change your strategy to take advantage of other opportunities in blogging.
Don’t wait for your blog to fail before you develop a pivot strategy.
As you progress on your blogging journey, you will come across new opportunities and ideas. You need to capture these ideas and record them somewhere for future use.
Examples of how you can pivot effectively in your blogging business
There are several simple ways you can pivot in your blogging business.
#1. Change your niche
Your niche can make the difference between a thriving blogging business and a blog that is barely scraping by.
If you are unable to make enough income from your blog, you can pivot by tapping into more profitable niches. When choosing a niche, ensure that:
- You can monetize your niche. It is easier to make money in some niches compared to others.
- You can get traffic. Some niches are too competitive and getting traffic is a chore. If you are a beginner blogger, it might be better to go for the low-hanging fruit until you get more experience.
- You are interested in the niche. If you are not interested in your niche, you might find it difficult to create content even if you are in a profitable niche.
You can pivot your niche by tapping other related sub-niches or you can go into an entirely different niche by starting a new blog.
#2. Diversify your income sources
Many bloggers, especially beginner bloggers, do not take full advantage of all the ways of making money from their blogs.
You could be leaving money on the table by failing to diversify your sources of income. You need to:
- Explore and test other monetization methods. Apart from Ads, there are many other ways to make money with your blog including affiliate marketing or offering your own products and services.
- Look for higher-paying offers. For example, if you use Google AdSense for your ad revenue, you can increase your income by signing up for a premium ad network like Ezoic.
#3. Tap into other sources of traffic
Google traffic is one of the best sources of traffic. If you can master how to leverage Google effectively, you can have access to cheap, long-term traffic. However, you should also think about diversifying your sources of traffic by:
- Starting a YouTube channel. Competition tends to be lower in YouTube and you can use it to drive traffic to your blog. The other advantage of YouTube is that it can generate additional income through YouTube ads.
- Building an email list. The great thing about an email list is that you own it and it is not affected by algorithm changes. You can use a beginner-friendly email service like Systeme.io to get started for free.
- Targeting social media. Some kinds of topics do well with social media traffic. For example, where images feature prominently, leveraging Pinterest can be an advantage.
8. Keep Your Motivation High
Failure, especially repeated failure, can crush any motivation to keep going. You may start to feel like you are wasting your time on something that will probably never work.
When you lose hope, you become vulnerable to quitting. You can get out of a quitting mindset by looking for different sources of motivation.
How to motivate yourself when facing failure
Here are some simple things you can do to keep yourself motivated when things don’t seem to be working out.
#1. Remind yourself of your why
Blogging has numerous benefits if you are willing to push through the initial hurdles. It is important to remind yourself of these benefits from time to time.
If you are struggling to see why blogging matters, check out the following articles:
As you go through the benefits, ask yourself:
- What are your core values?
- What kind of lifestyle do you want?
- What kind of income do you want?
- Who do you want to impact?
You can structure your blogging business around your core values and intended lifestyle.
# 2. Clear your doubts about blogging as a way to make money online
When you are starting out blogging, you will probably have doubts as to whether you can make a living through blogging in the long term. You may have questions like:
- Does blogging work as a business model?
- Are people making money in blogging?
- Does blogging have a future long term?
I have written extensively about these issues so I will point you to the articles below if you have doubts about the long-term viability of blogging.
- Is blogging dead? Why blogging is still a great opportunity
- How much do bloggers really earn?
- Future of blogging
#3. Read blogger success stories
Your fellow bloggers have probably gone through or are going through the same problems you are facing. You can follow the journeys of other bloggers by studying their income reports. The advantage of reading income reports is:
- They give a good insight into the growth and progress of a blog.
- They are great for identifying challenges that you are likely to face and solutions to those challenges.
- They are inspiring because they give hope that you too can succeed if you put in the effort.
Check out my article with over 70 blogger income reports here.
In addition to reading income reports, you can join groups and forums where bloggers discuss their challenges and successes.
#4. Read inspirational quotes and biographies
You can get a lot of insight on how to be successful by reading the biographies and quotes of successful people. The benefits of doing this are plenty including:
- You start to adopt the mindset and belief systems of people who have succeeded despite big hurdles.
- You begin to appreciate the value of struggling for something worthwhile.
- You get free coaching from some of the world’s top minds.
Check out my collection of over 230 inspirational quotes for entrepreneurs. You can also check out my collection of over 170 inspirational quotes for writers.
9. Avoid Personalizing Success or Failure
Personalizing successes sets people up for disastrous failure. They begin to treat the successes totally as a personal reflection of their abilities rather than the result of capitalizing on a good opportunity, being at the right place at the right time, or even being just plain lucky. – Brendan Moynihan, Entrepreneur Quotes
Tying your self-identity to the outcome of your efforts, whether good or bad can be a double-edged sword.
When you succeed, you gain a lot of confidence in yourself because you believe that you are the source of your success. Similarly, when you fail, you lose confidence in yourself and blame yourself for the failure.
With blogging, as with most other worthwhile ventures, you are likely to spend most of your time failing. If your self-identity is tied too much to the outcome, failure can end up destroying your confidence and make you hesitant to take risks.
How to fail without viewing yourself as a failure
#1. Dissociate your self-identity from the outcome of your business
You need to find a balance between taking responsibility for your failure or success while at the same time avoiding basing your self-identity entirely on your successes or failures.
It is futile to base your self-identity on your outcomes because:
- Success or failure can come from many other factors that may have nothing to do with your abilities. Many of these factors may be out of your control. Similarly, you can succeed despite your failings.
- When you work on a difficult goal, chances are high that you will spend most of your time failing. If your identity is tied out outcomes and you experience repeated failure, your self-worth will be damaged. It helps to remember that failure is an event, not a person.
- If you fear failure, you will try to protect your ego by avoiding difficult things. You will only work on things that you are assured of success and this can limit how far you can go. What is more important to you, achieving your full potential or protecting your ego?
#2. Do not berate and constantly beat yourself up
One result of personalizing failure is that you end up punishing yourself by berating and beating yourself up in your head. You think that by doing this, you can shame yourself into success. But this is the wrong approach because:
- You reinforce your sense of being a failure.
- You develop a fear of trying new things and taking risks.
- It can take a toll on your mental health and leave you feeling beaten and drained.
A better approach is to be kind to yourself.
You don’t train a child to walk by beating and berating them every time they fall. Instead, you encourage and applaud them every time they make progress.
Use the same strategy when dealing with your failures.
#3. Re-frame your narrative about failing
There is a lot of stigma regarding failure in many cultures. Failure is seen as something to be ashamed of. You will need to do a lot of work to re-frame your mental narrative regarding failure. Here are some examples of narratives you can re-frame.
- I’m afraid people will laugh at me. Those who laugh at you when you fail will call you a genius when you eventually succeed.
- If I fail, people will think I am stupid. If a goal is important enough to you, you should try and accomplish it even if the chances of you failing and looking stupid are high. Don’t let what people think deter you from pursuing something that is potentially beneficial.
- Failure will make me lose confidence in myself. You have the power to choose how you react to failure. You can choose to beat yourself up or to embrace failure and look at growth opportunities.
10. Persevere through Failure
Great works are performed not by strength, but perseverance. –Samuel Johnson, Entrepreneur Quotes
Ability to persevere through failure is the biggest differentiator between those who fail at blogging and those who succeed spectacularly.
When you look at bloggers making a full-time income, you are struck by how normal they are. They are former teachers, nurses, paramedics, or stay-at-home parents.
They were successful because they persevered through failure. They all went through a phase when nothing was working out for them but they chose to stick it out. They worked hard and patiently over several years, delivering valuable content to their visitors.
Success in blogging is like rolling the dice. The more times you roll the dice, the more likely you are to hit a six. Most of your rolls will be misses but you only have to be right once.
Why you are likely to fail as a beginner blogger?
Here’s why you are likely to fail as a beginner:
- You will make beginner mistakes. If you have never done something before, expecting to succeed on your first try is unrealistic (see common beginner blogging mistakes).
- You will have unrealistic expectations. If you get into blogging without doing proper research, you may be blindsided by its disadvantages. It is important to be mentally prepared for the challenges of blogging.
- You have not developed the skills, habits, and mindset necessary for success. These take time to develop.
Given that failure in blogging is almost guaranteed, you might as well embrace it.
Why you should embrace failure in your blogging business
Embracing failure in your blogging business is beneficial because:
#1. Failure is the gatekeeper to success
Failure only lets through the people who are willing to pay the price of entry. If you are willing to endure failure better than most, you will break through the gate.
Adopt the attitude that failure is part of the process rather than the end of the process. You are not a failure but a success in progress.
#2. Failure teaches valuable lessons
You can learn more from failure than from success. Failure can be an indication that:
- You need a better strategy. Failure exposes bad strategies. Sometimes it can be difficult to spot a bad strategy because some bad strategies will work well for a while before eventually failing. The faster you get off the wrong path, the better.
- You have found your limits. Recognizing your limits will prompt you to collaborate with others who are good at what you are weak at.
#3. Failure reduces your competition
Blogging, especially in some niches, can be fiercely competitive. The competitive niches also tend to be the most lucrative. This competition can be a good thing if you can persevere through failure because:
- It can act as a barrier to entry. It kicks out those people who get into blogging expecting quick wins.
- You can beat your competition by simply outlasting them. Your aim should be to be the last person standing.
#4. Failure keeps you sharp
When you are always successful, you can start to take things for granted and complacency will start to creep in.
This prevents you from attaining your maximum potential and when strong competitors come in, they will annihilate you. Failure is beneficial because it will:
- Keep you on your toes and eager to improve.
- Help you to develop the stamina and mental strength needed for extremely difficult tasks.
- Protect you against developing a fixed mindset where you start to believe that you are naturally gifted. That success is guaranteed even if you slack off. For more on fixed and growth mindsets, read Carol Dweck’s excellent book Mindsets
11. Use Failure for Personal Growth
All the adversity I’ve had in my life, all my troubles and obstacles have strengthened me. – Walt Disney, Entrepreneur Quotes
Would you be happy if you could succeed at everything you do on your first try?
Everyone would probably consider you to be a talented genius and you would make a lot of money. So what’s the catch?
The biggest problem I see with effortless success is that it could stunt your personal growth.
Effortless success can rob you of the benefits of having to struggle for something worthwhile.
While no one would deliberately want to fail, if it happens, you can use it to grow yourself and become a better version of yourself.
Explore how you can use failure to move you closer to the person you want to become.
How failure can help you grow in life and business
Here are some of the ways that failure can help you in your life and business.
#1. It forces you to tap your creativity to overcome obstacles
Creativity, just like any other skill, requires regular practice. However, when things go smoothly, we tend to operate on autopilot and our creativity lies dormant.
However, when you meet a challenge that you have never faced before, you are forced to look outside the box and use your creativity to find solutions. In your blogging business, for example, you can practice using your creativity to:
- Solve your audience’s problems and meet their needs.
- Come up with innovative products and services.
- Create effective marketing campaigns.
#2. It can help you develop mental toughness
If you want to get stronger physically, you go to the gym. If you want to get mentally strong, you expose yourself to challenges.
Failure puts a strain on you and strengthens you so that you can grow and handle even bigger challenges. Through trying and failing, you learn how to:
- Think for yourself and take responsibility for your actions.
- Persevere and press on even when the odds are against you.
- Develop techniques to cope with the stress of failing.
#3. It desensitizes you to the fear of failure
The fear of failure can prevent you from taking advantage of new opportunities that could be beneficial for you in your personal and business life.
If you regularly put yourself in a situation where you are likely to fail, you start to lose the fear of failure.
You can manage your fear more effectively because you:
- Learn to trust yourself to handle challenges. You become aware of your capabilities and limitations.
- Develop mechanisms to control your fear.
- Develop faith that you will come out the other side because you have done it before.
Final Thoughts
Given that 50% of bloggers will fail at making money in blogging, you have to be prepared to fail your way to success.
Learning to fail, therefore, will be one of the important skills for you to master as a blogger.
If your blog is failing, understand that failure is not the end of things but rather the beginning of bigger and better things.
Given the immense benefits that come with running a blogging business, it is worth pushing through your failure.
The strategies I have talked about in this post will help you in your blogging journey and in any other difficult venture you undertake in life. They will give you a foundation from which you can overcome failure and the fear of failure.
Blogger Earnings
Is Blogging Worth It? 12 Compelling Reasons to Start a Blog for Profit in 2025
When it comes to making money online, it is easy to get overwhelmed with all the options that are available out there.
Should you open a store on Shopify? Fill out online surveys? Write an e-book? Make an app? Start a YouTube channel? Start a podcast? Become a social media influencer?
It is not that easy to distinguish between what works and what is a complete waste of time.
Why you should start a blog
Blogging has been proven time and time again as a great way of making money online. There is a lot of evidence (in form of income reports and income surveys) that will show you how much you can earn from blogging.
Also, check out the following statistics (source: Blogging Statistics)
- In 2020, there were 31.7 million bloggers in the United States (an increase from 27.4m in 2014). This means that roughly 10% of Americans are bloggers.
- The content marketing industry was estimated to be worth US$300.7 billion in 2020 and is expected to grow to US$723.6 Billion by 2026.
- Nearly half (47%) of Global shoppers say they use Google before buying something new.
What these statistics show is that blogging is still very popular and that there is still a lot of opportunity for growth.
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In this article, I want to dive deep into the reasons why you should consider starting a blogging business if you want to make a full-time or healthy side income online.
If you are interested in how you can quickly set up your blog, check out my article on how to start a blog the right way.
1. You Can Make a Full-Time Income Online
When you look at results from blogger surveys, roughly 15% of bloggers make a full-time income online (over $30,000 a year) while 31% make a decent side income ($500 a month).
But what is even more exciting is that your income has no ceiling. Top bloggers (as revealed see income reports), regularly make over a million dollars a year. Here are a few examples.
- Melyssa Griffin (Melyssa Griffin): $280k+ pm.
- Heather Delaney Reese (It’s a lovely life): $220k+ per month.
- Michelle Schroeder-Gardner (Making Sense of Cents): 140k+ per month.
- Kristin Larsen (Believe in a Budget): $100k+ per month.
- Adam Enfroy (Adam Enfroy) $100k + per month.
These top bloggers make in a month what a top surgeon would make in a year. Not too bad.
You probably won’t be making this kind of income right away but these examples show what is possible with the right knowledge, hard work, and persistence.
Factors that make blogging great at scaling income
Why are these bloggers able to make these crazy amounts of money? It is because they leverage certain advantages of blogging that make it easy to scale income. These include:
#1. Ability to leverage the internet
With the internet, you can market to a global audience 24/7. Your blog makes money for you 24 hours a day, 7 days a week even when you are not actively working. Compared to a business with employees, your blog never sleeps. Neither does it go on holiday, get tired or get sick.
With blogging, you don’t have to restrict yourself to your little corner of the world. You can reach anyone anywhere in the world anytime you want.
#2. The compounding effect of time
A blog compounds your income with time, much like compound interest. A blog post that you write today can keep earning you money for the next 10 years.
With a job or freelance work, you are paid only once for your effort. With blogging, you get paid again and again for the same amount of effort. And your income compounds as you write more blog posts.
#3. The rapid growth of the digital marketing and e-commerce
More and more people are now doing their shopping online. In 2021, 2.14 billion people shopped online. This represents 27.6% of the global population (Blogging Statistics).
When people shop online, you have to market to them online. This explains why digital marketing has been exploding.
In 2019, total spending on digital ads (mainly through content marketing) surpassed that of traditional advertising (TV, Radio, Print) and is now the predominant form of marketing. It is expected to account for 67.8% of all media ad spend by 2024 (Blogging Statistics).
This means that if you want to get some of these marketing dollars, you need to be involved in content marketing. Blogging is one of the best ways to start with content marketing and new opportunities are opening up every day.
For more on this, check out my article Is blogging dead?
2. It Is Cheap and Easy To Start a Blogging Business
Entrepreneurship is scary for most people because of the huge starting costs for most businesses. And the more money you put in, the bigger the risk for you.
With a blogging business, however, the cost of starting and running your business is so low that anyone can start it. You don’t need bank loans, employees, permits, specialized equipment, certifications, or building leases.
This means that you can start a blog from your savings or by borrowing from your family and friends. The other advantage is that you can get very high profit margins.
To start a basic WordPress blog, you need less than $60 a year. This is mainly for:
- Webhosting. This will take the biggest chunk of your budget (Roughly $50 a year or $4 a month). Webhosting companies like ChemiCloud offer reliable services and give great discounts from time to time (check for a discount).
- Domain name. This is the name of your blog (such as indiebounty.com). This will cost you roughly $10 a year.
Check out my step-by-step guide on starting a blog to see how you can start a blog for $60 or less.
Why blogging is easy to start and run
There are many reasons why blogging is so cheap to start and run including:
#1. You can get very cheap outsourcing services
With blogging, you have access to cheap outsourcing services which eliminates the need to have employees and deal with payroll or taxes.
You can outsource most of your blogging tasks on a platform like Fiverr for as low as $5. Some of the tasks you can outsource include: writing blog posts, creating logos, creating blog images, web design, website troubleshooting, and blog post editing among many others. (check out Fiverr for more)
#2. Many free and freemium tools
For almost every task you want to do on your blog, there is probably a free tool you can use. Some of the tools are full-featured while some operate on a freemium model where they offer a free version that is a scaled-down version of the paid version.
Here are just a few examples of how blogging tools can drastically cut down on your costs.
- A WordPress theme like Kadence (available as free or paid) replaces the need to hire an expensive web designer.
- A grammar editing tool like Grammarly (available as free or paid) replaces the need to hire an editor for your blog posts.
- A graphic design tool like Visme (available as free or paid) replaces the need to hire a graphic designer to make your logos, infographics, or images for your blog.
#3. Cheap or free learning resources
There are numerous learning resources for blogging, many of which are freely or cheaply available online. You can do most of your learning for free on YouTube or you can subscribe to an affordable course platform like Skillshare.
Skillshare has thousands of courses that you can access at a reasonable monthly fee. It is like the Netflix of courses (check it out here).
3. The Cost of Failure is Low
Most entrepreneurial ventures have a high failure rate. According to the US Bureau of Labour Statistics, 45% of businesses fail within the first five years, and 65% fail within the first 10 years. [1]
When you have no experience starting or running a business, it is unlikely that you will succeed on your first try because you lack the skills and tools necessary to run a successful business.
The downside of failure is that you can easily find yourself deep in debt. This can ruin your reputation and may even lead to the collapse of your family. Also, it can take you years before you get your life back on track.
With blogging, you can dip your toes into entrepreneurship without incurring a lot of the costs and risks.
Why the cost of failure is low with blogging
The low cost of starting and running a blog means that you can fail without getting into debt. But there are also other advantages that greatly reduce the impact of failure in blogging.
#1. You can sell your blog and recover some of the costs
There is a big market for buying and selling blogs on sites like Motion Invest, Flippa, or Empire flippers. You can sell your blog for 25 to 40 times the monthly income. For example, if your blog makes $1,000 a month, you can sell it for between $25,000 and $40,000.
So, if your blog is failing, don’t delete it. Investigate how much you can get for it by selling it in these marketplaces.
#2. You gain numerous skills
Blogging can take a lot of your time and if your blog fails, you can feel like you wasted your time. However, if you do blogging the right way, you can gain many transferable skills.
Transferable skills are skills that can be used to apply for jobs across many different industries or even to start other businesses.
Some of the lucrative transferable skills you gain from blogging include: Search Engine Optimization (SEO), Copywriting, Web design, Graphic Design, Affiliate Marketing, and Server Management among many others.
So, take advantage of the time you spend in blogging to learn valuable skills that will help you later on.
#3. You can pivot
Even if your first blog fails (which it is likely to do), you learn so much about blogging that your second and third blogs have a much higher chance of success. Given that it doesn’t cost much to start a blog, you can keep starting blogs until you hit on the magic formula. You only have to be right once.
If you have time and patience, you can use the knowledge you get from past failures to position yourself for success.
Check out my article on how to deal with failure in blogging for more tips and ideas to help you protect yourself against failure in your blogging business.
4. You Can Blog Anonymously and Still Make Money
If you are the kind of person who wants to make money without a lot of fuss or attention, then blogging is for you. You can make a decent income while remaining fairly anonymous.
For example, JP Livingstone (a pseudonym) is an anonymous personal finance blogger who makes over 5k a month (see her profile on income reports). Others such as J Money have made millions blogging anonymously.
However, it is much easier to make money blogging if you don’t hide yourself. When you put yourself out there and market yourself, you gain trust and authority and this can be quite lucrative. But there are several good reasons why you may want to remain anonymous.
Why would you want to remain anonymous while blogging?
Here’s why you may choose to blog anonymously.
- Avoiding conflict of interest. For example, you may not your side-hustle to clash with your day job.
- Privacy concerns, especially if you don’t enjoy public attention. Even if you are a very successful blogger, you can still walk anywhere and not get recognized.
- Cancel culture. These days, you can have your entire life turned upside down because of a careless word you wrote online. This is especially true if you write about controversial and sensitive topics.
- Avoiding scammers and crooks. If your business makes good money, it can attract a lot of shady characters that are after your money. Anonymity removes the headache of dealing with these kinds of people.
Strategies you can use to blog anonymously
There are many strategies that you can use to blog anonymously but here are the most common.
#1. Secure your blog against hacking
If someone doesn’t like what you blog about, they can resort to hacking your blog to discover your identity. Or they can deface your blog with embarrassing information or images. You can secure your blog by:
- Using a strong password. You can use a password manager like 1password to generate strong passwords.
- Regularly updating your themes and plugins
- Using a security plugin such as All In One Wp Security (free) or Astra security(paid).
#2. Secure your private information
You need to be careful about what personal information you reveal online especially if you have a controversial blog.
- Use a pseudonym instead of your real name.
- Don’t use your home address online. You can use a P.O.Box address or a virtual address from services like Anytime Mailbox.
- Enable Who.is protection when buying your domain name. This prevents your personal contact information from being displayed on Who.is records.
#3. Adopt personal online hygiene
If you are careless with your personal information online, you can unwittingly expose a lot of your personal information.
- Use a VPN, especially when using public wifi. A VPN will mask your IP address and encrypts your internet traffic. A good VPN you can try is Nord VPN.
- Before you enter your information on any website, ensure that it is secured with the ‘HTTPS’ protocol. You can tell if a website is secure if it has the prefix ‘HTTPS’ before the domain name e.g. https://indiebounty.com
- Avoid clicking on suspicious links. A lot of phishing attacks try to trick you into clicking malicious links.
5. You Can Have Control of Your Income
Having control of your income is crucial when making money online.
If your entire business model runs on someone else’s platform, you run a huge risk of waking up one day and finding that your entire business has disappeared.
For example, if you rely on YouTube or Facebook for your entire income, you are vulnerable because if you get banned by these platforms, your entire income goes away. You also lose all your subscribers, comments, likes and all your content.
All your years of hard work will have been wasted.
How to take control of your blogging income
With a blog, you can protect yourself against such events. Here is what you can do.
#1. Choose the right platform when starting a blog
Create your blog on WordPress (WordPress.org). This is a free and open-source platform that will not put restrictions on you. If you start your blog on other commercial and free platforms, you hand over control.
- They can shut you down anytime.
- They can restrict which kinds of adverts or affiliate links you put on your site.
- They can encrypt your data in a way that makes it difficult to move to another platform.
Starting a blog using WordPress is simple. Check out my guide on starting a blog on WordPress the right way.
#2. Build an email list
Google, YouTube, and other social media platforms are great sources of traffic; however, you have no control over how they operate.
An email list is the only thing you can control. If all your traffic from Google and social media suddenly disappears but you have an email list, you can still make an income from that list. The great thing about an email list is that no one can take that list from you.
If you are a beginner, you can use an email service like Systeme.io to start creating your email list (they have a free option).
#3. Create your own groups
Groups are a step up from an email list. Groups will enable your audience to interact with each other. You can form a group where you charge members a monthly fee to be part of your group or you can keep your group free.
You can use a service like Memberpress to set up a subscription group.
6. You Can Generate Income from Multiple Sources
Wealthy people protect themselves from unforeseeable events by having multiple sources of income. If one source disappears, they have several others to fall back on. In fact, the average millionaire has seven sources of income.
In addition to protecting yourself against unforeseen events, having multiple sources of income can also help you to generate wealth much quicker.
Blogging, if done well, can help you to diversify your income in a variety of ways.
Potential blogging income sources
Here are some of the potential income sources you can target with your blog.
- Selling crafts (such as patterns, sculptures, artwork) on your blog.
- Making money from display ads using Google AdSense or a premium ad network like Ezoic (great for beginners).
- Selling subscriptions or membership products using a service like Memberpress.
- Selling digital products (ebooks, software, photos, posters, beats, etc). You can use a service like Payhip for this.
- Selling online courses through a service like Thinkific.
- Selling physical products by drop shipping or setting up a Shopify store.
How can you diversify your income from blogging?
As you diversify your income sources, you need to ensure that you are truly diversified. You can do this by.
#1. Diversifying monetization platforms
Don’t lock yourself on only one monetization platform. For example, if you create an Amazon affiliate site, you are vulnerable to commission rate cuts from Amazon. Amazon could also decide to cancel their affiliate program.
You can avoid this by diversifying the platforms that you make money from by:
- Building your own platform, for example, by using your WordPress blog to sell your own products using WooCommerce.
- Applying to different affiliate networks.
- Leveraging different ad networks.
#2. Diversifying niches
You can diversify by creating blogs in different niches. When one of your blogs is not doing well, the income from your other blogs can help you to weather the storm.
However, it is important not to start several sites at a go because it can be overwhelming and lead to failure. Put effort into one site until it succeeds then move into another one.
#3. Diversifying how you deliver your content
People like consuming content in a variety of ways and you can use your blog as a foundation for creating content in different formats. For example, you can re-purpose your content as YouTube videos, social media content, podcasts or email newsletters.
By doing this, your blog becomes a hub for everything you do online.
7. Blogging Is Great for Entrepreneurs that Hate Selling
Learning how to sell is an important skill to learn, especially if you plan to become an entrepreneur. The benefits of learning how to sell are numerous. For example, you can:
- Market other people’s products and services through affiliate marketing.
- Create your own products and services and sell them online.
- Create your own brick-and-mortar business and use blogging as a marketing tool.
However, for many people, selling can be difficult or intimidating. If you dislike the idea of traditional sales, selling online through blogging can be an easier alternative for you.
Why blogging is great for people that hate selling
Fortunately, selling online through blogging is not as difficult as traditional sales. There are several reasons for this.
#1. You attract customers rather than chasing after them
With blogging, you attract customers by providing valuable content that addresses their needs. You act as a bridge between people’s problems and products and services that can solve those problems.
If you can become good at writing valuable content, then you can say goodbye to knocking on doors or making awkward phone calls.
#2. You don’t need high-pressure sales tactics
You don’t have to be pushy with your marketing. Your main task is to clearly communicate the benefits of a product or service and then let people make their own decisions.
If you have done a good job of demonstrating (through your content) that you understand your reader’s problems, then they will buy what you recommend as a solution.
#3. The sting of rejection is much less
Facing sales rejection in the anonymity of the internet may be easier for people compared to face-to-face rejection.
If you fear the embarrassment of having your pitches rejected, selling online can be a gentle introduction to facing sales rejection.
#4. You can leverage the strengths of online selling
Selling online is great for learning how to sell because you can leverage two main strengths of online selling.
- The easy availability of data and analytics to make better decisions.
- The ease of testing ideas without spending too much money.
The ability to test and validate is crucial in sales and marketing because it takes the guesswork out of the process. It helps you to weed out unworkable suggestions and ideas.
8. You Can Do Blogging Part-Time
If you went to your boss and asked for a $6,000 raise, he or she would think you have gone crazy. After all, the average annual raise in the US is around 3%. For a 35k job, that would be $1,000 a year.
Give yourself a raise
But you can give yourself a raise anytime you want by creating a side income. The challenge is getting a side-hustle that can make you a decent side income without taking too much of your time.
Data from blogger surveys show that 31% of bloggers make an extra $500 a month ($6,000 a year). The data also shows that a majority of bloggers spend less than 20 hours a week on their blog with established bloggers spending less than 5 hours a week.
Why you should consider blogging part-time
Here’s why you may want to start blogging part-time.
- You want to test the waters without risking quitting your job.
- You love your job but you want a little extra money on the side.
- You want to explore your interests and passions.
- You want to acquire new skills.
Strategies for successful part-time blogging
Making part-time blogging work for you can be a challenge but you can use the following tips to get you started.
#1. Create time for blogging
You need 1 to 2 hours a day to start working on your blog. You can make extra time to blog by:
- Waking up earlier or sleeping later than you usually do.
- Tracking how you use your time and reducing activities that waste your time (like watching TV).
- Multi-tasking non-crucial tasks, for example, you can listen to a podcast or an audiobook while doing house chores or commuting to and from work (Check out audiobooks on Audible for free).
- Using your lunch break for learning using a platform like Skillshare.
#2. Work productively
If you have only a few hours to do your blogging, then you have to be very efficient in how you use those hours. You can work productively by:
- Prioritizing the most important tasks first (following the 80/20 rule).
- Avoiding distractions such as wasting time on the internet or social media.
- Blocking your time to enable deep work.
#3. Get jobs that are compatible with blogging
If you find it difficult to find time for blogging, you can look for a job that is more compatible with blogging. Examples of jobs that work well with blogging are:
- High downtime jobs such as working as a night receptionist.
- Freelance jobs. You can freelance on platforms like Fiverr or Upwork.
- Seasonal work such as working at a summer camp.
- Shift work such as bar-tending where you can work nights and blog during the day.
- Jobs with long holidays such as teaching.
9. You Can Create a Location Independent Business
With a regular job or small business, you are tied down to working from a particular area, town, state, or country. In a digital economy, you no longer need to restrict yourself to a particular place.
A 2019 survey by MBO Partners found that more than 7.4 million Americans described themselves as digital nomads. Furthermore, 83 percent of full-time independent workers reported working remotely at least some of the time and 37 percent work remotely full-time. [2]
This shows that the trend towards remote work is growing and blogging can help to tap into this trend of location independence.
Benefits of creating a location independent business
There are several reasons why you might want to invest in a business that does not tie you down to one place
#1. You want to accelerate wealth creation.
If you want to build wealth relatively quickly, you should consider leveraging the power of geographical arbitrage. It is a strategy used a lot in the F.I.R.E (Financial Independence, Retire Early) movement. You can save a lot of money by de-linking your location from your income generation. You can do this by:
- Targeting income opportunities in high-paying countries (such as the US) while living in a country or state where the cost of living is low.
- Moving to a country or state where the taxes are low.
- Moving to a place where you get value for your money. For example, you can move somewhere warm where you can get an apartment that is twice as large for less.
#2. You could get an injury or an illness that restricts you (or a loved one)
If you or someone you love has an illness or a disability that makes it difficult to function in a traditional job, life can become unbearably challenging.
Since you can do blogging from home, it can help you take care of a loved one while still contributing to society and earning money.
If you are the one with an illness or disability, blogging can give you the flexibility to work when you feel the most refreshed. Blogger John Morrow, the founder of Smart Blogger, is paralyzed from the neck down yet he has managed to make millions from blogging.
#3. You may want to spend time quality time with your children.
The high cost of modern life forces parents to spend long hours away from their children. Many children are left to their own devices.
With blogging, you can plan your time so that you can make money while still taking care of your children. There are many examples of stay-at-home moms who earn a decent income while taking care of their kids.
10. You Can Use Your Blog as an Investment Asset
A blog is an asset you can trade, much like any other hard asset such as land, stocks, or real estate.
While many asset classes can be expensive to acquire, blogs are cheap and easy to start. They also have other advantages such as:
- Blogs are fairly liquid assets. If you have an emergency and you need cash in a hurry, you can sell your blog in marketplaces like Motion Invest, Flippa, or Empire Flippers.
- You can get good returns on your investments. Typically, you can sell your blog for anywhere between 25 to 40 times the value of your monthly income. The quicker you grow your monthly income, the higher the value of your blog.
- The selling process is easy. The process of selling your blog is easy especially if you created your blog on the right platform. It is best if you create your blog using WordPress (see how to do it here).
How to leverage your blog as an investment asset
There are several strategies you can employ if you want to exploit your blogs as assets.
#1. Build and hold
With a build and hold strategy, your goal is to build up your blog (or several blogs) from scratch. As you continue to add content, the value of your blogs will continue to grow.
With several blog assets at your disposal, you can now sell when the market conditions are right or when you need a quick injection of cash.
#2. Buy and Flip
With this strategy, you buy a blog from one of the marketplaces and then you improve it with the aim of selling it later. The equivalent of this in real estate is buying a fixer-upper.
Some of the improvements you can make include increasing content, diversifying income, and sorting out technical issues.
#3. Scale and cash in
This is where you scale your blog into a big brand with the intention of selling it for big bucks. You approach blogging much in the way you would build a start-up.
11. You Can Scale Your Blogging Business into a Multi-Million Dollar Enterprise
How far you decide to take your blogging business is up to you. You can keep it as a side hustle and earn a couple of thousand dollars a month or scale it into a multi-million dollar media business.
There are many examples of people who have scaled small blogs into multi-million dollar businesses. Notable examples are:
- TechCrunch. It was founded by Michael Arrington in 2005 and sold to AOL in 2010 for $40 million.[3]
- Huffington Post. It was founded in 2005 by Arianna Huffington and three other partners and was acquired by AOL for US$315 million in 2011.[4]
Why scale a blog?
Scaling a blog can be difficult and risky but there are some good reasons why you might want to do it, for example;
- You want to sell it and cash in. Scaling a blog can bring in serious money and if you want to retire early, this is the way to do it.
- You want to have the experience of running a huge business. Running your blog like a multi-million dollar media company will give you skills that you cannot get from running a solo blog.
- You want to have a bigger influence on society. If you have aspirations to change the world, having a big blog is like having a huge megaphone. You can use it to push your ideas into the world.
How to scale a blogging business
Once you have a blogging formula that works, it is time to add fuel to the fire and scale. There are several ways you can scale your blogging business including:
#1. Scaling content
Scaling content will help you increase the number of visitors that come to your blog. You can scale content by:
- Increasing the amount of content you produce. You can do this by hiring more writers (as employees or freelancers) or by leveraging A.I writers like Jasper.
- Targeting different languages and regions. You can do this by having your blog translated into other languages or by using A.I. translator plugins like Weglot.
#2. Scaling by creating multiple blogs
Once your main blog has matured, you can scale your blogging business by creating several other blogs. The advantage of scaling this way is.
- You can diversify your risk by not putting all your eggs in one basket.
- It can be much more interesting especially if you easily get bored with doing one thing.
- You can exploit several underserved niches even if they are completely unrelated to each other.
You however need to be careful not to get into many projects at the same time as this will split your focus and lead to failure.
#3. Scaling through advertising
If you have money coming into your blogging business, you can re-invest it to scale your traffic and income through advertising. There are many forms of advertising you can target such as:
- Google Pay-per-click (PPC) ads.
- Facebook ads.
- Paid influencers.
Advertising can work well but it requires some skill to pull off. To advertise profitably, you need to regularly assess your ROI (return on investment) otherwise you could end up losing a lot of money.
12. You Can Use Your Blog to Diversify Into Other Businesses
You can use your blog as a platform to launch other businesses either online or offline. Many bloggers such as Rand Fishkin (founder of Moz), Nathan Barry (founder of Convertkit), and Syed Balkhi (founder of Monster Insights) have leveraged the success of their blogs to establish successful online and offline businesses.
Rand Fishkin, for example, started his blog (SEOMoz) in 2004 to provide information on various aspects of SEO. Fishkin was able to leverage his brand and expertise into a $40 million a year SEO software business (Moz). [5]
How you can leverage a blog to start or grow your business
Starting a business can be an expensive and intimidating affair. However, a blog can make the process much easier and less risky in the following ways.
#1. Use a blog to generate starting capital
If you do your blogging the right way, you can generate a lot of money. You can use this money to start and maintain your offline business without resorting to expensive loans.
#2. Building contacts in the industry
Blogging is great for making contacts within your industry. When you start out in any business, getting people to trust you can be difficult. However, if you have been providing value over the years through your blog, you will build a network of collaborators who can help you in launching your business.
#3. Testing the market
You can use your blog to test and validate business ideas before spending too much money on them. For example, you can make a stripped-down version of your product or service to see if people will be interested in it.
The advantage of this is that you will have a ready market by the time you are ready to launch the full-featured product.
#4. Building skills you can use in your business
You gain transferable skills that you can apply to your offline business. The blog business will act as the training wheels for your offline business. Some of the skills you learn include:
- How to market products and services through content marketing.
- Selling products and services online through creating online stores.
- How to bring in visitors through SEO.
Final Thoughts
Finding a legit way to make a decent income online can be challenging. Blogging, however, has proved itself as a reliable way to make money online.
You can get started with blogging on a part-time basis to see if you have sufficient interest to sustain it. Aim to build it to a level where it can earn you a decent side income and eventually a full-time income.
If you wish to start a blog but feel overwhelmed or don’t know where to start, check out my step-by-step guide that will take you through the entire process of starting a blog.
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35+ Inspirational R.L. Stine Quotes for Writers
Described as the ‘Stephen King of children’s literature’, R.L. Stine is one of the most prolific authors of children’s horror novels. In this article, we explore his insights and advice on writing through quotes from several of his interviews. Some of the topics covered include:
- The reality of a writer’s life
- Advice on what it takes to write a bestseller
- How to turn fear into success
- His writing process
If you want to learn how to write from R.L. Stine, check out his writing course on MasterClass. Learn more about MasterClass courses here.
Quotes on the Writing Life
1. I knew when I was nine that I wanted to be a writer. I don’t know why it sounded so interesting, but it did. – The Verge Interview
2. I always knew I could make a living as a writer; it’s only thing that I’m really competent at. I wanted to be a cartoonist but I really can’t draw at all. – The Village Voice Interview
3. I just love to write. I love the feeling of putting stories together and coming up with new, surprising ways to say things. – Family Education Interview
4. I like being in my room, writing books and not collaborating. – Collider Interview
5. I never planned to be a kids’ writer. I always wrote these funny novels for adults, but no one ever wanted them. I never wanted to be scary, either. I only wanted to be funny. – The Verge Interview
6. I always tell kids- I always tell them there’s no way to plan your life. You never know where you’re going to land. There are always going to be all kinds of surprises. – NPR Interview
7. Most people know when to quit. I’ve never done anything else. I’ve never had a real job. I just love it. – Collider Interview
8. A friend of mine once asked me, “How long can you go without writing? Writers don’t retire do they?” I said, “Well, maybe 10 days.” – The Verge Interview
9. I start to feel uncomfortable if I’m not writing, after like two weeks. – The Verge Interview
10. I don’t think authors retire. I think of Robert B. Parker, who just dropped dead on the keyboard. I think that’s the way to go. – GEN Interview
Quotes on R.L. Stine’s Writing Process
11. I do a chapter-by-chapter outline for every book that I write. I really believe in outlines. If you have an outline, you can’t get stuck. You know where you’re going, you know where the ending is. – Entertainment Weekly Interview
12. For all my books, I always come up with the ending first – because if I know where I am heading, the plotting and writing are easier. It puts me in control. Then my main job is make sure that I distract and fool you enough that you don’t know where you are going and you can just take the ride. – Waikato Herald Interview
13. It’s funny because I never really learned to type. I’m totally left-handed, and I just started typing with my pointer finger, nothing else, just one finger, not even two. And I’ve now written 300 books on this finger. – The Strand Magazine Interview
14. I have a couple hours of writing, every day. It’s the best part of my day. – Collider Interview
15. I write every day from about 9 a.m. to 2 p.m. – The Village Voice Interview
16. It gave me so much time to write. It helped with my schedule because I write 2,000 words a day, which is about ten pages (On writing during the pandemic). – GQ Interview
17. I love the writing part. All these people that say writing is hard, I never know what they’re talking about. Everyone says, “Oh, writing is so hard.” I don’t think it’s hard. It’s fun. – The Verge Interview
18. When I’m on a writers’ panel or something and these guys say, “Oh, writing is so hard. My kids aren’t allowed anywhere in the room when I’m writing.” I hate that. I just hate that. – GEN Interview
19. I think writers just have their own speed, and I don’t think slowing down or speeding up or changing the process would really change the quality of the writing. I really don’t. – The Verge Interview
Quotes on Writing a Best Seller
20. I work very hard to keep these books from being too real. The real world is much scarier than what I write about. My books are just meant to entertain … I don’t do drugs. I don’t do child abuse. I don’t really ever do divorce.” – The Strand Magazine Interview
21. When I write, I try to picture kids that are the age of who I’m writing for. So, if I’m writing a teen book or a YA book, like Fear Street, I have teen faces in my mind. I try to picture them as teenagers. And then, when I’m writing for younger kids, I picture younger kids. – Collider Interview
22. I never give advice to young writers. They don’t need someone to tell them to write something every day. The one thing I will say is: have fun with it. – GQ Interview
23. I don’t try to put any messages in these books: the only lesson is to run. Adults have the right to read something just for fun, and I’ve always thought kids had the same right. Why can’t a kid just pick up a book and be entertained? – The Guardian Interview
24. I say to kids, “I’ve written 330 books, not a single one from my heart. Not one! They’re all written to entertain an audience. – GEN Interview
25. When you’re writing a story, you’re just writing a story. It all comes as a surprise. All these parents at book signings come up and say, “You changed my kid’s life. They didn’t read before you.”- GEN Interview
Quotes on Fear
26. I was a very shy kid – very shy – and not social at all. Maybe this is one reason I just stayed in my room, writing this stuff. I would bring it in to school and try to get attention from the other kids. – Reading Rockets Interview
27. That’s a painful way to go through childhood, I think, having all these fears and being very shy. That was hard. But in a way, it’s kind of lucky. It helped me out later, because now, when I write these scary books for kids, I can think back to that feeling of panic. I can remember what it felt like, and then I can bring that feeling to my books. – Reading Rockets Interview
28. I want the scares to be fun, not disturbing. I often use the example of a roller coaster. If you listen to people riding a roller coaster they scream and they laugh. They are scared, but rationally they know that they are safe. – Waikato Herald Interview
29. I use humour a lot: whenever I think a scene is getting too scary for younger kids I throw in something funny, so that it doesn’t become too intense. – The Guardian Interview
30. My one rule is that they have to know that what’s happening in this book can’t happen. They have to know it’s a fantasy. And then I can make it pretty scary. There aren’t any real-world scares in the book. There’s no kidnapping, or divorce, or anything. No real-world stuff. It’s an escape from real-world stuff. – GEN Interview
Quotes on Getting Ideas
31. I don’t start with an idea. I start with a good title, and that leads me to an idea. – Entertainment Weekly Interview
32. It’s always a miracle to me when suddenly I have an idea for a new one (a book) – NPR Interview
Quotes on Reading
33. I read all the time. I’m a very big reader. I read every day. – Collider Interview
34. My absolute favourite writer is Ray Bradbury. As a child, he showed me the vast world of creative writing and imagination and turned me into an avid reader. – Waikato Herald Interview
35. I’m more proud of the kids who learned to read on my books and the kids who didn’t like to read, and then discovered my books and did like to read. – Collider Interview
36. You can’t really force kids to read something they don’t want. – The Verge Interview
Bonus Quote
37. Writing for kids, everyone says: “Oh, it must keep you young.” That’s a total lie. It keeps you feeling really old. – The Guardian Interview
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