Founder of Millennial Money. Dubbed “The Millennial Millionaire” by CNBC, Grant went from $2.26 to over $1 million in 5 years, reaching financial independence at age 30. He’s passionate about helping others build wealth and is addicted to Personal Capital.
If you want to be famous or reach a wide audience, you will have to choose something slightly broader and work hard to make the best content for that topic. A subtopic relating to fitness, finance, or relationship advice is likely to reach the most people. Consider specific but broadly applicable topics such as managing money in college, or a marriage counseling blog.
Just started an idea and discovered your info. Very helpful. I am over 50 and a little late in the tech game because of past jobs that required little or no time in front of a computer. I am a very good writer with many a published article to my name over the years BUT now journal writing by hand does little or no good in the world of tech. When I get this blogging thing going, it is gonna explode.
Selling private ads can come in the form of banners, buttons, or links. You can even make money writing sponsored posts where you write about or give a review of an advertiser’s product or service. Another option is to write an underwritten post or series, which is where you can write about any topic, but the advertiser pays for a “Brought to you by” mention in the content.
I don’t know many bloggers who earn money from their blog alone. By that, I’m referencing mainly to my previous point about thinking bigger than your blog. Most bloggers don’t earn a living just from selling sidebar ads and writing one post everyday. A Beautiful Mess sells books and e-courses. Designlovefest teaches Blogshop, a popular Photoshop workshop for bloggers. Oh Joy! just created a line of products for Target. These are some of the biggest bloggers I know of, yet they are constantly innovating and thinking of new ways to use their blog as a creative starting point and marketing tool. Be an innovator. Branch out.
Inspirational blog income report. I’ve been bugging for a year now and still have not earned anything off my blog. OK well maybe $3.00 off of Google ad sense. I need to study more on affiliate marketing. But great post it’s inspiring me to keep trying.
If you are new, obviously don’t try to fit all of these income streams in at one time. You should build on it and work on one at a time. Slowly build your income. Think of it in terms of a job. When you start out at a job you don’t usually start making the big bucks right away. After time and experience come into play, then you start making more and more money with raises and promotions. Now you can make a ton more money online than a typical job but it is the same concept!
Also, I think allowing comments on your blog makes you approachable and builds a community. Plus, if you solely build your community on social media networks, what happens when they disappear? You never know, it could happen.
Posts like this have reminded me that there is a light at the end of the tunnel and more than one way to be successful (as opposed to the 9-5 grind). Hard work really does pay off and I can’t wait to see the fruits of my (upcoming) labor!
Excellent breakdown of the real deal man. Thanks for dispelling many of the get-rich-quick crap circulating about how to use blogging as a revenue stream. At MFJLabs we use blogging to augment our SEO efforts for client sites. Works nicely.
You can easily create a web directory in WordPress following our tutorial. There are also plenty of directory plugins for WordPress you can choose from, many of which allow you to accept payments with submissions.
Hi! This was hands down one of the most helpful posts I’ve ever read about how to make blogging a realistic career path. I love how honest and open you were in both suggesting the good but reminding me of the bad choices out there, some of which I know I would/have made. I found your blog after hanging my head from another post on yet another site saying to forget about blogging as your source of income. Completely ignoring that advice and seeking out some that matched my determination, I found yours and so glad I did! Thank you again for this awesome post – it’s officially made it into my favorites bar to come back to.
Ad networks are kind of like the middle men. They work with brands and companies to create ad campaigns and sponsorships with bloggers. There are various types of collaborations that they facilitate, from sidebar ads to sponsored posts (i.e. posts dedicated to a certain brand, like this one). If you’ve ever seen a sponsored post on a blog, it was likely the product of a collaboration with an ad network (though, not always). Below are some of the most popular (and in my experience, best) ad networks for bloggers. The first three are the ones I’ve had the most success with.
2) And second, you mentioned that you would recommend people do guest blogging, and not even post their first blog entry until they have 10,000 subscribers. You then said you would completely dismiss social media for now (which goes against what someone like Gary Vaynerchuk thinks, but that’s fine–nothing wrong with differing opinions).
Yeah I am very familiar with pinch of yum and used to have them on here but to be honest, I got tired of calculating their net profit each month. For some reason, they list all their income and expenses but dont calculate the net and they have a lot of items for both. It’s really just me being lazy!! 😐
#17 – Just a Girl and Her Blog – $14,652 in October of 2015 – Abby shares detailed income reports every single month, and also includes her expenses before mentioning the total. Her income is generated mostly through selling her own digital products, affiliate links, and ad networks. She has managed to substantially increase this total since that income report was published.
Wix is a hosted platform to build websites. It offers an easy way for small businesses to build a website using drag and drop tools. You can also add a blog to your website by adding the Wix Blog app.
I was gonna start a blog again. However, I feel it would be better to start an art website instead. Had a personal blog from 2011-2014. Most of the visitors were from traffic exchanges or purchased clicks. In other words, they were robot views. I found some good free domains for anyone to get started and they’re also top ranked!
Wow! Great list – I never thought blogging could be so lucrative! I would like to see how the personal finance blogs compare to the bloggers this list. Still trying to figure out what these guys do to earn that kind of monthly income…
Once you’ve really understood the audience, it’s a case of demonstrating the potential value the product (in excess of the cost) will bring to the audience in the form of a solved problem. If it’s clear that your product will deliver more value to the customer than they pay for it, then it’s a no brainer for the customer.
I’m not surprised about Headline Hacks converting though. I just had someone email it to me last week, and I’ve been using it for years. I have a copy printed up which I keep under my pillow at night (OK, maybe not… but I might as well.)
As a new(ish) blogger, it’s a little intimidating to see such a great post, yet realize it kinda goes against SO much you’ve learned thus far. At this point, I seriously feel like a deer in the headlights. But I have a question…
Way to go Kristin, your story is so inspiring. I have not started blogging yet, but have started to research the in’s and out’s of it. I have a very busy life with 2 kiddos and a full time job. I want to start a blog about my hobby, but not sure how great of a writer I am, and much time I need to commit!
If you actually want to make money online, then you have to build a strategy and be prepared to put in a lot of work. Anyone who tells you making money online is easy probably doesn’t make much money online. While 1/3 of the money I’ve made on this blog is passive income, at least 2/3 has been active income because I’ve had to actively trade my own time and expertise to make the money.
This is where many bloggers start. In many ways this model of making money from blogs is not dissimilar to how a magazine or newspaper sells ads. As your traffic and brand grows you’ll find advertisers will be willing to pay to get exposure to your audience.
Developing a successful blog has a lot to do with building relationships. That can include relationships with sponsors, affiliate partners, or simply other bloggers who will direct traffic to your blog. Be sure some of your time is spent on forums and other blogs (or whatever works for you) to build these relationships and your blog.
Perhaps the most popular network for placing these types of ads is Google AdSense. With this program, you do not need to be in direct contact with advertisers; you simply place the banner on your site, Google chooses ads relevant to your content, and your viewers click on the ads. There are countless similar programs available if you find that AdSense doesn’t work for you, such as Chitika, Infolinks, and Media.net.
You can gain readers by posting content that wasn’t previously available online, such as scans of obscure or pre-20th century books and artwork. You should still add your own commentary around this content, however.
Blogging to build credibility can lead to many money-making opportunities. For instance, let us say you start a blog in the finance industry. People start reading your content, and your blog becomes very popular. You are now a recognized figure in the finance industry.
While I don’t publish income reports, I do earn six figures a year from this blog. The year 2015 was my first six figure year, and I earned about $108,000 that year. It has continued to go up from there each year.
If you’re not sure which content to offer for free and which content to charge for, you might be interested in my Content Tiers & Monetization download. (If you already have access to the Knowtbook or to my Studio, you’ve got it, so don’t purchase it!) In it, I explain how I think through and advise others to organize their content offerings, from free to VIP. It’s a one-time purchase of $5
My favorite part about this app is that it’s not always brand specific, like a lot of coupons are. So you’ll be able to scan “any brand of bread” for 50 cents off, etc. If you do coupon – you can STILL use Ibotta and get a rebate. For the diehard couponers out there, this will often result in getting an item for FREE. Crazy, right?
If you are using Google Blogger, know their policies or risk becoming invisible on their search engines. Any tag containing an affiliate link should include instructions that stop your referral from boosting the ad buyer’s search engine visibility: .
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