3 Simple Steps To Start A Money Making Blog

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More and more people (Individuals as well as companies) are turning to blogs in order to generate traffic, leads and most importantly Income. Although setting up or getting a blog set up for you is easy, making money with it is altogether another story. Many a bloggers have come and gone and all had two things in common – 1) They wanted to make money and 2) They started off on the wrong foot.

So here is my 2cents on how to start your blog the right way and realise your dreams. One thing I must point out at this stage and I can not stress this enough, Do not expect over night results or get rich quick magic pill. It takes hard work, dedication and perseverance to make it online and make an income out of your efforts.

The 3 simples steps are not rocket science and do not require much effort. But they do require some work on your part so be prepare to invest your time and some money. I have seen many of the above mentioned group of bloggers who came and went, starting their “Make money” or “Income generation” blog on the free service such as blogger.com or blogspot.com not wanting to spend money setting up their business the right way. I am not going to discount these great services as they do have their uses, but sadly to say, making money online isn’t one of them.

OK, here is what you need to do when starting your blog as a money making venture online.

    Step 1: Very important; Niche market research. Knowing your market and topic of your blog is the number 1 key to your success. Center your blog on something you enjoy doing and for which you have a great passion for. (Here’s a great post and podcast by Michael Dunlop and David Risley at incomediary.com to help you with this step.)

    Step 2: A must have; Get yourself a great domain name and a hosting account. Yes, in order to make money online you need your own domain name, something catchy and memorable. A domain name is your identity on which you will build your credibility as a blogger, marketer and an online entrepreneur. Your own hosting account is also a must have. Look at it this way – your hosting account is the building and the domain name is the address from which you operate your business.

    Step 3: This one goes without saying; USP – Unique Selling Point. This is your content, your service or product with which you are going to make money with. Unique content + Great service/Product and a splash of targated traffic = Dosh, Dollars, Greens, Pounds – call it what you will, this is your bread and butter so to speak.

Work is not done yet, oh no sir/madam! Having achieved the above 3 simple steps you will now need promote/market your blog to the masses and bring in your prospects (Traffic). You will then need to convert them in to leads/buyers. And it doesn’t end there – Now is the time to rinse and repeat once more, and once again and again – you get the picture am sure :)

You must remember that this is only the beginning, get it right and you are well on your way to attain your goals and succeed online as an entrepreneur. But get it wrong and you can kiss your dreams goodbye! With that said, here’s wishing you all the best and great success to your online business ventures :)

P.S: Don’t forget to check out incomediary.com for more help and tips.

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  1. Zulfikar
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