Is Blogging For Profit Still A Worthwhile Business Model? - When the blogosphere first got going, blogging for profit was one of the best passive income streams that you could possibly get into.
Is Blogging For Profit Still A Worthwhile Business Model?
By John Yeo
Jan 4, 2010 - 3:02:38 AM
When the blogosphere first got going, blogging for profit was one of the best passive income streams that you could possibly get into. It was not uncommon for an early day blogger to make thousands in profits every month, while some productive bloggers actually earned thousands on a weekly basis. Today the blogosphere is very crowded with hundreds of thousands of blogs hitting every imaginable niche. Every blogger wants to make thousands of dollars, but is blogging for profit still a profitable venture?
When you tap into passive income streams you don't have to deliver consistent hard work to earn the profit. The basic definition of a passive source of money is an opportunity that requires some setting up, but which can then monitor and regulate itself to a great degree. These are the most valuable opportunities for residual income because they require less time but have real potential of earning considerable amounts of money.
Blogging for profit is still alive and prospering today only because it has such potential for becoming a highly rewarding passive income stream. It's true that blogging is more detailed today and a lot more congested than it was back in the beginning days, but we also have more secrets of the trade and more advanced technology working for us. The increased number of industry secrets and tools makes blogging for profit fast and enjoyable today. Unfortunately, too many bloggers are not reaching their full potential at the time because they are not taking advantage of the tools open to them or they simply do not realize that expert guidance is available.
Realistically, every blogger in operation cannot pull thousands of dollars every month. Yet, there is a bright side to this: the ones that are not earning that amount of money are essentially not performing their job right! If you take the time to learn how to design a very powerful blog fully equipped to entice readers and keep them interested, you can turn blogging for profit into an excellent passive income stream.
Remember, passive income streams are those that don't need a lot of dedication and grueling work from you. Of course, you will always have some initial time investment to get your blog designed effectively and learn the tools of the trade, but after that you can enjoy more time apart from your blog while it continues to pull in consistent income.
There are modern day bloggers still making a substantial profit from this industry, but you'll have to take advantage of highly experienced information and experience if you want to join the ranks.
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