So you’ve been thinking about giving this blogging thing a try and wonder if it is really possible to actually make money blogging?
Or perhaps you already have a blog and have been blogging for a while now. But are still waiting for any cash to come in and are seriously wondering if it is ever going to happen.
You hear about people making all this money and living this amazing lifestyle.
But is it really true?
You wonder why your blog is not generating mega dollars.
There are over 300 million blogs currently online around the world, and many more are starting everyday. But in reality, probably less than 1% are actually making any money at all.
Doesn’t sound like very good odds does it?
So why are so few actually making any money?
Why do so few People Make Money Blogging?
Well first off starting a blog is incredibly easy to do. That is why there are so many on the internet today.
Many people start blogging for a variety of different reasons, never even considering about making any money from it. They are purely doing it for their own personal enjoyment.
Then there are some that start blogging for the sole purpose of making money. These are the ones I will be talking about in this post.
A big majority of these blogs don’t ever make a dime and eventually the founders give up in frustration.
Is making money the goal for starting you blog?
Probably so, that’s why you are reading this article.
So to understand why some blogs that want to make money blogging are successful and others are not, let’s take a look at other business models for a moment
First let’s look at the restaurant business for example
I’m sure a most of us have heard people in our lives talking about wanting to start up a restaurant. Why not, it should be an easy business.
Get a building in the area where you live, decorate it nicely, buy a stove, cook good food and make lots of money.
Sounds easy enough … right?
Then why is it that the restaurant business has one of the highest failure rates?
Some restaurants do extremely well, but a lot struggle horribly to stay alive, and others totally fail.
Secondly let’s look at the trucking industry for another example
A lot of people try the trucking business. Why not, they are currently driving truck for another company now and decide they want to work for themselves. It should be easy to make money. Buy a truck, drive it and haul goods for local businesses and make lots of money.
Once again it sounds easy enough … right?
Then why is it that a lot of trucking companies struggle and never grow?
But other trucking companies grow into very large companies?
So let’s do a few comparisons
So you have a blog and think it will automatically make you money … WRONG
A blog is NOT a business, just like a stove is not a business, or a truck is not a business.
All of these things are tools that are essential to help your business achieve success.
Both the restaurant and the trucking company have an advantage over the blog in the fact they are easily found in the local community. In comparison your blog is in cyberspace and will never been found if you don’t take the proper steps.
Another advantage both the restaurant and trucking companies have over your blog is the personal connection with their customers. In comparison your blog can be very impersonable, which requires special attention to overcome this.
Blogging does have a few huge advantages that no other business model can match
- One of them being the extremely low cost of starting and running the business
- The security of being able to run a part time business while continuing to work at your full time job (no other business model allows you this kind of financial security)
- Fellow bloggers are willing to share their knowledge and lend you a helping hand (what other industry is willing to help out their competition?)
- The ability to work from anywhere with your laptop. Does it get any better than that?
- Allowing you to make passive income. A gigantic bonus in my opinion.
So we have looked at blogging, restaurants and the trucking industry and have found that most struggle and fail, while others become very successful.
So why is that?
Well no matter what type of business you are interested in starting, you need to have the correct tools and a sound business plan. Because without it, you put yourself at high risk of failure.
So back to the question – Can I Really Make Money Blogging?
Absolutely you can … but not in the way you think. You have to stop thinking about your blog as a business.
Having a blog is NOT a business.
You need to think of your blog as a tool to build your brand for your Online Business. Complete with a sound business plan you can easily turn it into a full time business that will allow you and your family a comfortable income and a lifestyle that no other business model can that I know of.
I’m not going to lie to you about how much money you can make, or how fast it will happen, because in reality nobody can predict the amount of money any business is going to make in any given time frame.
But I will honestly say this, if you work smart, have a sound business plan and stick to it, you will certainly make money blogging. How much and how fast will be directly determined by the quality of your plan and the effort you put in.
So at this point you are wondering how is the best way to go about this? There are so many different blogs out there promising that they can help you to make unbelievable amounts of money in a very short time.
Maybe they can?
I would say the best place to look for help or guidance is to find a successful business person turned blogger that you can relate to, as they are already doing exactly what you are wanting to achieve.
Why would you want to try and recreate the wheel when there are fellow bloggers out there that will help you in your journey?
Share your thoughts and experiences.
Would you like to make money blogging? Tell me in the comments below.
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