Blogging is the thing to do these days. Everyone either has one or more, wants one, reads some or wonders if they should have one.
What about you? Have you thought about it and maybe wondered if you could really make money with a blog? I have !
This is my 4th attempt at blogging. I’ve created some good content on two of them, then let myself get distracted and ended up abandoning them in infancy…bad ‘blog mama’!
I’ve enjoyed creating them, but never found the magic formula for getting traffic and creating a call to action that generates income. Until now!
This is a topic I will be covering in depth in future posts, but for now I’d like to offer some suggestions to help you decide if blogging could be a way for you to create an income stream with time and lifestyle flexibility… that’s always been one of my top priorities!
I’ve found that 2 of the groups who aspire to creating income with flexibility and leverage are new parents and ‘old’ baby boomers.
New parents want time to be with their kids, attend their events and participate in every precious moment of their childhood, yet provide the income needed to support their family’s dreams.
Old baby boomers? Well… most of us did not anticipate the turn of events that have shrunk our portfolios and 401K’s. And we never conceived that we would be working into our 70’s and beyond, or that our productive years could be cut short by accidents or disease before we achieved financial security.
Let’s face it… we tend to be optimistic to a fault, expecting that good stuff will keep happening and bad stuff happens to someone else. Not true, it turns out.
Although the economy has not been kind to many of us the last few years, there IS some good news!
This is becoming the golden age for writers! Just a few years ago, all my writer friends were bemoaning the demise of bookstores, publishing opportunities, lack of editing and marketing even if you did find an agent and myriad other discouraging indicators that writers couldn’t expect to make a decent income doing what they loved.
Now, the landscape has been transformed, beginning with free blog platforms and social media we all have the opportunity to expose ourselves and gather a flock of ‘friends’. Amazon, kindle apps and myriad books and coaches ready to teach you the basics and a whole new world of opportunity has opened up for good writers willing to commit to learn and take action.
So here’s a list of questions to help you decide if this is the right direction for you:
1. Do you love to write?
2. Why do you want to have a blog?
3. What do you want to talk about? What is your field of expertise or topics you are passionate about?
4. Are you willing to learn new skills?
5. How much time can you commit consistently?
6. How much income would you like to create?
7. Are you self-disciplined and perserverant enough to tough it out through the slow growth and detours?
8. Do you enjoy solving problems, collaborating with people and thinking outside the box?
I’d suggest that you consider these questions before you invest your valuable time and money into your blog, then begin creating a realistic plan based on your time, resources and current skills. A successful blog will take time to mature, then develop traffic and revenue. Patience and consistency will be essential!
According to recent statistics from jeffbullas.com there are over 31 million bloggers in the U.S. alone. To be realistic, only 15% make more than $100/year. However, 2% earn over $150K working from exotic parts of the world. Now that’s what I’m talking about.
I want to be one of the 2%!
In addition, there are the 17% who make a decent income with 4-6 hours a day working on their blog. My goal is to continue to discover and share the details, strategies and tools to help you who are committed, create the income you want on your own terms.
There’s a lot to learn! But, if you love it, you will know pretty quickly.
I’m attending a conference next week that I hope will add to my growing knowledge base, so I can pass that on to my readers. In the meantime, check out my infographic on ‘Blogging on Purpose’ below.
I hope you’ll join me. Start dreaming, set some goals and then take the action steps to turn dreams into reality…this is a great time to be a writer, so let’s do it!