There is a cloud over many of the world economies caused by the financial woes in the USA. When the American banks sneeze the rest of us catch a cold. This is causing a lot of people to worry about their jobs and mortgages, so of course there will be many who look at blogs for a quick buck.
I’m not a “make money online” blogger, I don’t really do the monetization posts like Darren or John Chow, but I do believe blogs are an excellent way to make some money, even if it is just a supplemental side income.
There are low overheads and potentially high profits, doing something fun and rewarding. What’s not to like?
When one of the largest blog networks was founded on the investment of only a few hundred dollars people take notice. Many 6 or 7-figure-value blogs were built off cash drawn from credit cards and student debt.
It is NOT though a fast-money scheme by any stretch.
If you are looking at blogging as a means to suppliment or even replace your income you need to start now and really put the effort in.
There are no quick routes to riches through blogging, and it takes even more dedication and patience if you want to build something with real long term value rather than spam, scam and burn.
It is hard work, it does take time, but there are a growing number of bloggers who make a full time living from their efforts. Avoid the short term thinking, put in the planning and ground work, and work hard to please your audience. Grow something worthwhile and of value and you will see the rewards.